Global

October 23, 2023 @ 8:38 pm By Omar Faridi  |  

Even as the initial hype around AI-specific stocks cools off, investors are still buying into the technology as a market-driver. New data from the latest Retail Investor Beat survey from trading and investment platform eToro finds “that one in four (26%) American investors consider digital… Read More

October 23, 2023 @ 8:36 pm By Omar Faridi  |  

Charles Guillemet, CTO at Ledger, recently went over various options to implement Bitcoin governance strategies at the institutional level. As explained in a blog post, Ledger devices are extremely useful “for letting users self-custody their Bitcoin.”  Guillemet also comments on what might be useful if… Read More

October 23, 2023 @ 8:27 pm By Omar Faridi  |  

A Fintech as a Service provider selects Onfido for its AI-powered digital identity solution to streamline and secure customer onboarding. Onfido, the global firm focused on automated identity verification, announced a partnership with wearonize, the international payment service provider, in order “to enhance customer digital… Read More

October 23, 2023 @ 1:46 pm By Omar Faridi  |  

Moonfare has appointed Dr. Lorenz Jüngling, currently managing director, chief operating officer, and chief financial officer, “as Co-CEO, alongside Moonfare founder, chairman and current CEO Dr. Steffen Pauls. Jüngling, a Ph.D. material scientist and physicist by training, currently oversees Moonfare’s R&D, finance, operations and compliance… Read More

October 23, 2023 @ 10:29 am By JD Alois  |  

The UK government launched various programs to support businesses during the difficult days of the COVID crisis. While there is plenty of rear-view commentary today, at that time, things looked pretty dire for the UK economy, and supporting businesses that were hammered during the lockdowns… Read More

October 23, 2023 @ 9:45 am By JD Alois  |  

Marqeta (NASDAQ: MQ), a credit card management service, has updated is platform with new tools and a “one-stop shop” for launching credit programs. Marqeta said that the new offerings provide a complete solution for embedded finance, and it is able to support any type of… Read More

October 23, 2023 @ 9:25 am By JD Alois  |  

Smart Lenders AM, a Paris-based investor in online loans, has announced a partnership with UK-based Ooodles, a financing firm for tech products. Erich Bonnet, Président of Smart Lenders, said that they are providing capital via their Lending Smart Fund 1, participating in the early financing… Read More

October 23, 2023 @ 8:14 am By JD Alois  |  

OurCrowd CEO Jon Medved spoke with the BBC to share his thoughts on the war in Israel and its impact on his business as well as his aspirations to expand upon the successful Abraham Accords. In 2020, a breakthrough was made in normalizing diplomatic and… Read More

October 23, 2023 @ 7:37 am By Omar Faridi  |  

Osborne Clarke has supported a new report published by Whitecap Consulting, which shows the FinTech sector in the South West includes more than 190 FinTech firms and contributes more than £1 billion to the regional economy annually. The new report is the result of a… Read More

October 23, 2023 @ 1:00 am By Tony Zerucha  |  

Nium, a provider of real-time global payments, today announced Nium Global FX, a product it says allows for guaranteed and competitive FX rates. This includes the ability to lock and hold an FX rate for up to 24 hours and settle FX conversions on a… Read More

October 22, 2023 @ 5:18 pm By Omar Faridi  |  

UK Regtech docStribute, specialists in document distribution solutions, is pleased to announce a strategic partnership with Chorley Building Society. Digitalization is a vital step for “building societies and the partnership with docStribute demonstrates Chorley Building Society’s dedication to operational efficiency, enhanced Member engagement, and regulatory… Read More

October 22, 2023 @ 4:46 pm By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) is expanding the global presence of its Front Office Solutions (FOS) business with the addition of new clients in the EMEA (Europe, Middle East and Africa) region. Globally, FOS has nearly $500B in assets under administration as of July 2023. The… Read More

October 22, 2023 @ 3:11 pm By JD Alois  |  

Jonny Fry has been selected to lead ClearBank‘s digital asset strategy, according to the digital bank. ClearBank is a fully licensed bank that also offers its tech stack to other financial services firms. Fry was previously CEO of TeamBlockchain and publisher of Digital Bytes. The… Read More

October 22, 2023 @ 3:01 pm By Omar Faridi  |  

Mambu has bolstered its dominance of the cloud banking technology sector in Australia, expanding its customer base to now include 10 of the country’s most innovative and forward-thinking financial service providers, “among them Angle Finance, Bluestone Home Loans, Commonwealth Bank of Australia, Lumi, Nimble, Prospa… Read More

October 22, 2023 @ 2:51 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families, announced they’ve joined forces to expand access to cross-border payments and remittances. Tapping into the power of the Mastercard network, Remitly will integrate Mastercard’s Send and… Read More

October 22, 2023 @ 1:28 pm By Omar Faridi  |  

The 2023 AFP Real-time Payments Survey, conducted by the Association for Financial Professionals (AFP), found that corporates plan “to drastically increase their use of real-time payments in the next five years to benefit from lower transaction costs, improved transparency into the payment process, increased efficiency,… Read More

October 22, 2023 @ 11:11 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a global firm focused n mission-critical, real-time payment solutions,  announced that Nymcard, a card issuer in the MENA region, has enhanced its fraud platform with ACI Fraud Management in order “to better protect its customers from the growing threat of financial… Read More

October 22, 2023 @ 10:30 am By Omar Faridi  |  

Wealth Dynamix announces that they have partnered with REGDATA in order to create the fully tokenized Client Lifecycle Management (CLM) solution in the cloud.” You can now safeguard your most critical data in CLMi using the REGDATA Protection Suite (RPS). This data protection and privacy… Read More

October 22, 2023 @ 5:07 am By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired ON Service GROUP, a provider of business process services, specialized in insurance operations. Terms of the transaction were “not disclosed.” Acquiring ON Service GROUP enhances Accenture’s capabilities “in insurance operations, expanding the range of services available to clients in Germany… Read More

October 21, 2023 @ 12:40 pm By Omar Faridi  |  

Upland, the web3 Metaverse Super App, announced an extension to its Series A funding, securing an additional $7 million. This recent investment further positions Upland “as one of the most widely-used web3 apps, with over 3 million registered accounts on the EOS blockchain and nearly… Read More