August 23, 2023 @ 10:30 am By JD Alois  |  

LendInvest (LSE:LINV), a real estate financing platform, has launched a residential mortgage product. According to a statement from LendInvest, the product is now available to Legal and General Mortgage Club members. LendInvest states that Legal & General Mortgage Club is the largest and longest-running mortgage club… Read More

 Tagged esther morley, lendinvest, mortgages, uk, united kingdom

August 23, 2023 @ 9:52 am By Omar Faridi  |  

DMALINK, the EM-focused institutional FX ECN bolsters its Scandinavian currency presence. The firm revealed that Danske Bank A/S, has “added DMALINK as a platform to provide custom Scandinavian eFX pricing to its buy-side clients. The inclusion of Danske Bank in the DMALINK ecosystem “creates an… Read More

 Tagged Business Expansion, danske bank, dmalink, ecn, em, fx, manu choudhary, michael siwek, scandinavia

August 23, 2023 @ 7:59 am By Omar Faridi  |  

Altum Group, a provider of fund, corporate, and family office solutions, is pleased to announce a strategic partnership with RiskScreen, which claims to be an industry leader in advanced compliance solutions. The partnership marks a pivotal moment in Altum’s journey towards “being a future-fit business,… Read More

 Tagged compliance, digital technology, integration

August 23, 2023 @ 7:24 am By JD Alois  |  

Zorrz, a UK-based Fintech that has created an AI-powered tool for credit analysis, has partnered with BNPL Sileon. Sileon is based in Sweden and specializes in “card-based Buy Now Pay Later” offerings. Sileon is listed on the Nasdaq First North Growth Market and has approximately… Read More

 Tagged bnpl, sweden, uk, united kingdom

August 23, 2023 @ 7:17 am By Omar Faridi  |  

Steve Hulme, CFO at Zopa Bank, has shared an update on their financial performance. Last year was an “exceptionally” strong year for Zopa Bank that reportedly “laid the foundations for their strong profitable growth.” The firm’s management added that as people in the UK continued… Read More

 Tagged banking, digital banking, europe, fintech adoption, fintech trends, machine learning, progress report, uk, united kingdom, virtual bank, zopa, zopa bank

August 23, 2023 @ 7:15 am By Omar Faridi  |  

Swift announced strong progress toward goals set by the G20 for enhancing cross-border payments, reporting that 89% of transactions processed on its network reach recipient banks within an hour. That’s ahead of speed targets “set by the Financial Stability Board to achieve one-hour processing for… Read More

 Tagged swift, Thierry Chilosi

August 23, 2023 @ 3:45 am By Omar Faridi  |  

FNBO has announced the launch of its instant digital issuance capabilities in partnership with Visa, which claims to be a world leader in digital payments. The technology solution “enhances the customer experience by providing instant account credential delivery to a user’s mobile wallet in one… Read More

 Tagged digital payments, digital technology, digitalization, fintech adoption, fintech trends, fnbo, visa

August 22, 2023 @ 11:28 pm By Omar Faridi  |  

AI [artificial intelligence] is the most effective method for improving anti-money laundering (AML) processes and efficiencies according to AML professionals, research from Feedzai, a provider of financial crime and risk management solutions Feedzai’s The State of Global Anti Money Laundering Compliance Report 2023 surveyed compliance… Read More

 Tagged anti money laundering, feedzai, kyc

August 22, 2023 @ 9:12 pm By Omar Faridi  |  

The International Cricket Council (ICC), together with official fintech infrastructure partner and real-time global payments platform, Nium, invited all cricket-loving technologists to enhance the world of cricket through innovation as part of the second edition of the Next In hackathon. The “Next In” hackathon is… Read More

 Tagged cricket, financial services, fintech adoption, fintech trends, hackathon, icc, infrastructure, innovation, nium, payments, real-time payments, sports

August 22, 2023 @ 5:29 pm By JD Alois  |  

Institutional trading platform DMALINK has surpassed its funding target of £425,000 on Seedrs. UK-based DMALINK aims to service institutions trading in FX and crypto globally. According to the offering page, DMALINK is raising equity capital at a pre-money valuation of £17.3 million. The investment is… Read More

 Tagged dmalink, manu choudhary, seedrs, uk, united kingdom