October 9, 2024 @ 8:34 am By Omar Faridi  |  

UK’s digital bank Monzo has injected €4m in capital into its new Irish division. The update comes just several months following Monzo’s CEO,  TS Anil, stating that the Fintech firm was in the process of establishing its EU offices in Ireland. At the time of… Read More

October 9, 2024 @ 6:17 am By Omar Faridi  |  

Assetz Capital, an estabished lender to the UK SME property markets announced that it has appointed four senior executives to its Board. Assetz Capital, a company that has been focused on the United Kingdom‘s SME commercial property and residential development markets, announced in a blog… Read More

October 8, 2024 @ 9:23 pm By Omar Faridi  |  

JCB Co., Ltd., Japan’s international payments provider, announced that it enabled Google Pay for its clients. Android(TM) smartphone users are able to now easily use Google Pay in stores where JCB Contactless is accepted, by adding credit/debit cards issued by the JCB Group in Japan… Read More

October 8, 2024 @ 7:17 pm By Omar Faridi  |  

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services firms with addressing the increasing requirements for core modernization… Read More

October 8, 2024 @ 4:45 pm By JD Alois  |  

Florida, and the Miami region specifically, has emerged as a fast-growing startup/entrepreneur ecosystem. The warm weather (minus the occasional hurricane), combined with a business-friendly state government and no state income taxes, has helped shift activity from elsewhere to the Sunshine State. Some big firms have… Read More

October 8, 2024 @ 3:34 pm By Omar Faridi  |  

Experian Consumer Services announcing a partnership with Oakbrook, a non-bank consumer lender, to offer debt consolidation loans on the Experian Marketplace by reportedly using Paylink’s ReFi tech. This recently announced collaboration is said to mark a significant milestone in improving financial inclusion and unlocking access… Read More

October 8, 2024 @ 11:28 am By Omar Faridi  |  

21.co, the parent company of 21Shares – one of the issuers of crypto exchange traded products (ETPs), and Crypto.com, announced that they have recently entered into a strategic partnership. With this partnership, 21.co Wrapped Bitcoin (21BTC) will source Bitcoin (BTC) liquidity from Crypto.com, leveraging the… Read More

October 8, 2024 @ 10:26 am By Omar Faridi  |  

Cashflows, the platform that for merchants to accept payments, announces its partnership with Mastercard (NYSE: MA) to offer its merchants Click to Pay. Mastercard Click to Pay is a described as a consistent way to make online payments, offering consumers a user-friendly guest checkout across… Read More

October 8, 2024 @ 9:29 am By Tony Zerucha  |  

This past week, Abrigo, a provider of commercial lending software and services for U.S. financial institutions, announced that Abrigo Small Business Lending has emerged from beta. The company said the increased automation improves lenders’ ability to manage increased volumes while still maintaining the human touch when needed…. Read More

October 8, 2024 @ 9:11 am By Omar Faridi  |  

Tether, which claims to be among the largest companies in the digital assets industry, marks a decade of pioneering advancements and innovation that have helped with transforming the landscape of digital assets. Since its launch in 2014, Tether claims it has enhanced finance by introducing… Read More

October 8, 2024 @ 8:39 am By Tony Zerucha  |  

This week, OwlTing Group, a global blockchain Fintech company, announced plans to implement Visa Direct solutions under a global agreement with Visa to provide real-time cross-border payments for individual and business customers. This agreement allows OwlTing to potentially reach more than 8.5 billion endpoints in… Read More

October 8, 2024 @ 8:38 am By Omar Faridi  |  

The payments landscape has evolved considerably in the past decade, according to an update from Juniper Research. Juniper Research noted in a report that many payment methods rising to some of the most used solutions across retail, digital commerce, B2B, as well as P2P scenarios…. Read More

October 8, 2024 @ 8:25 am By Omar Faridi  |  

Fidelity International, Mercer, Penny and Pension Lab have reportedly joined the industry coalition of “potential” operators of commercial pensions dashboards, working with government and regulators in order help support the launch of various dashboards for UK consumers. As explained in the update, dashboards provide consumers… Read More

October 8, 2024 @ 8:22 am By Omar Faridi  |  

Real-time cross-border payments are gaining significant momentum as global consumers increasingly rely on them for seamless transactions, according to a recent research study. Many consumers depend on them to send funds close ones, while others use them to purchase goods, underscoring their importance in the… Read More

October 8, 2024 @ 8:21 am By Omar Faridi  |  

Fintech Storfund has announced a partnership with TikTok Shop that will introduce the first fully embedded cash flow solution in a major US marketplace. This change is expected to benefit sellers on the social media app. Referred to as Daily Advance, the product should reportedly… Read More

October 8, 2024 @ 8:16 am By Omar Faridi  |  

iCapital, the fintech platform driving the alternative investment marketplace for the wealth management industry, announces that it has surpassed $200 billion in global platform assets. Increased demand for private market funds has led to this milestone and boosted the growth of client assets on iCapital’s… Read More

October 7, 2024 @ 7:03 pm By Omar Faridi  |  

Many people seemed surprised recently to hear that the UAE had apparently eliminated taxes on crypto, but it has now been clarified that this is not actually the case after all. Here’s the reality of the situation, according to crypto / digital assets industry focused… Read More

October 7, 2024 @ 6:43 pm By Omar Faridi  |  

The digital commerce payments ecosystem in Malaysia payments is set to reach $14.7 billion by 2028, according to projections from GlobalData. The Malaysian e-commerce market is now expected to grow at a compound annual growth rate (CAGR) of 8.5% between the current year 2024 and… Read More

October 7, 2024 @ 6:38 pm By Omar Faridi  |  

Volante Technologies, a payments-as-a-service (PaaS) software provider, recently announced that it was recognized for providing Wholesale Payment Systems. According to Volante, payments modernization efforts will improve instant payments, cross-border payments, and extended data capacities, yet are bottlenecked by both educational shortcomings as well as regulatory challenges…. Read More

October 7, 2024 @ 6:26 pm By JD Alois  |  

Funding Circle US, previously part of Funding Circle UK, was acquired by iBusiness Funding LLC, part of Ready Capital (NYSE:RC), earlier this year. When the sale was announced, Funding Circle CEO Lisa Jacobs said,: “We are pleased to have reached an agreement with iBusiness Funding, one… Read More