Global

December 1, 2022 @ 11:41 am By JD Alois  |  

Temenos (SIX: TEMN), a banking platform provider, has expanded its relationship with Mbanq to boost its Banking as a Service (BaaS) in the US. At the same time, Temenos has invested in Mbanq, taking a minority stake in the Fintech. Temenos did not immediately reveal… Read More

December 1, 2022 @ 11:04 am By JD Alois  |  

Shield, an Israel-based Regtech, has raised $20 million in Series B funding. The round was led by Macquarie Capital and joined by UBS Next, and Mindset. Notably, global securities crowdfunding platform OurCrowd backed the funding round after participating in the Series A. Shield is a… Read More

December 1, 2022 @ 10:08 am By Omar Faridi  |  

Gillian Lynch, Head of Ireland and EU at Gemini, notes that they are pleased to announce that Gemini has “registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services… Read More

December 1, 2022 @ 9:15 am By JD Alois  |  

Singapore-based Funding Societies has surpassed THB 1 Billion (USD $27.8 million) in online lending in Thailand, according to a note from the company. Funding Societies secured a license in Thailand in 2021. Funding Societies is a platform providing access to capital for SMEs in multiple… Read More

December 1, 2022 @ 8:59 am By Omar Faridi  |  

Over the last year, the team at Assetz Capital have finally seen “substantial rises” in bank interest rates after well over ten years of them “languishing at near zero levels.” Assetz Capital noted in a blog post that this has led to the Access Accounts… Read More

December 1, 2022 @ 7:26 am By Omar Faridi  |  

The team at Mintos are pleased to announce an improvement to how the Mintos Risk Score is displayed on the platform. Previously, they displayed Mintos Risk Scores “as whole numbers, for example, 7. But now, [they] display all Mintos Risk Scores rounded to one decimal… Read More

December 1, 2022 @ 7:11 am By Omar Faridi  |  

SEBA Bank AG, which claims to be a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (SEBA Hong Kong). SEBA Bank says that it has “a strong… Read More

November 30, 2022 @ 10:17 pm By Omar Faridi  |  

Visa (NYSE: V) announced a seven-year global partnership with GoHenry, the prepaid card and financial education app for 6-to 18-year-olds. Visa will “provide support as the exclusive global network partner for GoHenry’s prepaid cards for kids and teens in the US, UK, and Europe.” GoHenry… Read More

November 30, 2022 @ 9:57 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces that software as a service (SaaS) platform, Moneybird, is the latest customer “utilizing its newly launched suite of embedded financial products.” Designed to simplify accounting processes for entrepreneurs, Moneybird facilitates bookkeeping… Read More

November 30, 2022 @ 7:01 pm By Omar Faridi  |  

Sabre Corporation (NASDAQ: SABR) a software and technology provider that powers the global travel industry, and Conferma Pay, a global fintech firm that specializes in payment technology, announced a new partnership with Mastercard in orrder “to accelerate the use of virtual cards for business-to-business (B2B)… Read More

November 30, 2022 @ 4:47 pm By JD Alois  |  

The Financial Action Task Force (FATF) has published a report on money laundering from fentanyl and synthetic opioids. The report was co-led by the US and Canada and offers recommendations for countering the illicit drug trade. FATF is a global organization that aims to encourage… Read More

November 30, 2022 @ 10:36 am By JD Alois  |  

The European Central Bank (ECB) has published a blog post that predicts the demise of Bitcoin – the world’s most popular cryptocurrency. Authored by Ulrich Bindseil and Jürgen Schaaf, entitled “Bitcoin’s Last Stand,” the article claims that Bitcoin is in its “last gasp before the… Read More

November 30, 2022 @ 9:05 am By JD Alois  |  

Apple Pay, the Fintech service offered by the eponymous tech firm Apple (NASDAQ:AAPL), is growing at a rapid pace, according to a report compiled by Salesforce. Asking the question of which payment type saw the fastest adoption in 2022, Apple Pay delivered a whopping 63%… Read More

November 30, 2022 @ 8:17 am By Omar Faridi  |  

Extending their joint strategic commitment to modernize and enhance shareholder voting in the French market, Broadridge Financial Solutions, Inc. (NYSE: BR) and SLIB, a software editor for electronic voting and securities services based in France,  announced “the go-live of their joint end-to-end global voting solution.”… Read More

November 30, 2022 @ 8:15 am By Omar Faridi  |  

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced the launch of cross-border payments (CBP). The embedded payment experience will be “available first to Oracle NetSuite customers and accessible in AvidXchange’s newly… Read More

November 29, 2022 @ 11:47 pm By Omar Faridi  |  

In October, Bondora reveals it “saw favorable increases in investments and originations. Originations exceeded €15M, and investments €14M.” This puts Bondora on track “for a good Q4 in 2022.” Spanish originations “exceeded 1M once again.” In contrast to September, investments “for all products increased in… Read More

November 29, 2022 @ 11:08 pm By Omar Faridi  |  

UK’s online pension provider, PensionBee (which has reached £3 billion in assets under administration), has partnered with specialist communication charity, Speakers Trust, in order “to help unlock greater confidence in the workplace when public speaking, by utilizing essential communication techniques.” The two organizations have “collaborated… Read More

November 29, 2022 @ 10:40 pm By Omar Faridi  |  

ChainUp Group, a global blockchain technology solutions provider, announced the launch of the IPFS Infrastructure Flagship Fund I (the Fund) by its subsidiary Bedrock Trust Pte Ltd, a Singapore-based and licensed asset and wealth management firm. Bedrock Trust will “be the manager of the Fund,… Read More

November 29, 2022 @ 9:25 pm By JD Alois  |  

Singapore-based finbots.ai has signed its first customer in Mongolia, a neobank called M-Bank. finbots.ai is an Accel-funded Fintech that provides B2B software as a service (SaaS). finbots.ai’s  utilizes artificial intelligence (AI) to provide a credit modelling solution that aims to enable M bank to rapidly… Read More

November 29, 2022 @ 9:02 pm By Omar Faridi  |  

Credifiel, which claims to be one of the largest Mexican payroll lending companies specializing in loans for government employees whose loan repayments are deducted directly from their salaries, has “launched a cashback offer.” For a limited time, you can “earn a cashback for investments in… Read More