September 8, 2024 @ 5:38 pm By Omar Faridi  |  

J.P. Morgan Asset Management announced an enhancement to its Morgan Money platform, a short-term investment management solution with over $300 billion in assets under management (AUM), through a collaboration with Kyriba, a global leader in liquidity performance. This integration aims to streamline liquidity management processes,… Read More

September 8, 2024 @ 4:22 pm By Omar Faridi  |  

Visa (NYSE: V) announced that it is applying the company’s infrastructure, technology and capabilities to account-to-account (A2A) payments, giving consumers more control and protection on how they pay via bank transfers. The global payments provider will collaborate “with industry players, including PayByBank firm Banked, to… Read More

September 8, 2024 @ 4:20 pm By Omar Faridi  |  

Three in five UK consumers reportedly fear falling victim to fraud, as life gets busier in September. This, according to an update from UK Finance. UK Finance notes in a blog post that half of the people say “they feel busier when coming back from… Read More

September 8, 2024 @ 4:18 pm By Omar Faridi  |  

Real estate marketplace Zillow‘s (Nasdaq: Z and ZG) AI-powered search experience is getting an upgrade. Now buyers and renters can search the real estate market for their next home using simple, everyday language in even more ways — “including by commute time, affordability, schools and… Read More

September 8, 2024 @ 4:16 pm By Omar Faridi  |  

Biconomy, a platform specializing in simplifying Web3 development through powerful and easy-to-use APIs, is now live on Boba Network. Biconomy offers a robust suite of tools that streamline transactions, “enabling gasless transactions, 1-click UX, and smart contract wallets.” This integration is set to enhance Boba… Read More

September 8, 2024 @ 4:15 pm By Omar Faridi  |  

More than two-thirds (76%) of financial services operations leaders in the US believe that using AI would enable them to make faster, more effective decisions, but 62% lack the data management capabilities and data environment to capitalize on the technology’s potential. That is according to… Read More

September 8, 2024 @ 4:13 pm By Michael Wong  |  

National legislatures will play a pivotal role in shaping the future of artificial intelligence (AI) and enhancing cybersecurity, according to a statement released by representatives of the Group of Seven (G7) countries. The statement was issued at the conclusion of the G7 Speakers’ Meeting held… Read More

September 8, 2024 @ 4:12 pm By Omar Faridi  |  

With the increasing reliance on digital processes, tools, and the economy itself, the financial services sector faces heightened exposure to operational risks, particularly Information and Communication Technology (ICT) risks. The latest volume of the Malta Financial Services Authority (MFSA)’s publication, “The Nature and Art of… Read More

September 8, 2024 @ 10:21 am By Omar Faridi  |  

barq, a Saudi financial services startup, has partnered with Mastercard (NYSE: MA) to empower its customers with a range of payment acceptance solutions through Mastercard Gateway. The strategic agreement will see barq leverage Mastercard Gateway technology “to further equip its merchants and consumers around the… Read More

September 8, 2024 @ 7:23 am By Omar Faridi  |  

Checkout.com says it has helped Holiday Extras streamline and increase the performance of their payment processes through the use of virtual cards, resulting in increased automation, improved operational efficiency, and positive financial outcomes. Holiday Extras, which claims to be the market leader in holiday extras, is… Read More

September 8, 2024 @ 7:00 am By Tony Zerucha  |  

More than 170 experts selected 41 international startups for the 11-week Kickstart Innovation program in Switzerland. The cohort gains access to decision-makers and stakeholders, and can now test and scale their business models and close deals. The finalists come from nine countries, with a strong… Read More

September 8, 2024 @ 6:14 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced that MidWestOne Bank, a community bank headquartered in Iowa with approximately 140 thousand customers and branches across 4 states, has gone live with Temenos Digital Onboarding as SaaS on Amazon Web Services (AWS). The SaaS solution was implemented for MidWestOne “by… Read More

September 7, 2024 @ 11:39 am By Tony Zerucha  |  

New research from data enrichment and payment services platform Tink suggests that consumers in the United Kingdom who use digital financial management tools are better off. They average an additional £37.08 better off per month, or £4451 better off per year, compared to pre-adoption. Today, as… Read More

September 7, 2024 @ 11:35 am By Michael Wong  |  

Jingdong Technology Holding Co. Ltd., the fintech arm of Chinese e-commerce giant JD.com, is poised to acquire Home Credit Consumer Finance Co. Ltd., China’s first wholly foreign-owned consumer finance firm, according to sources cited by Caixin. The acquisition, which awaits approval from the National Financial… Read More

September 7, 2024 @ 11:31 am By Omar Faridi  |  

Latest figures have revealed Scottish businesses remain attractive to investors as 23 firms shared funding worth over £85 million in the second quarter of 2024. The latest KPMG Private Enterprise Venture Pulse report has showed “that companies from across the region – including Edinburgh, Stirling,… Read More

September 7, 2024 @ 11:29 am By Omar Faridi  |  

Ingo Payments, a firm focused on account funding and disbursement solutions defined as Money Mobility, says it will acquire Deposits Inc., a banking software tool and infrastructure platform. This acquisition accelerates the launch of its Modern Money Stack, which will “enable banks, fintechs and brands to transform… Read More

September 7, 2024 @ 11:07 am By Omar Faridi  |  

Fifth Third Bank is pleased to announce a collaborative agreement between NewlineTM by Fifth Third, an embedded payments platform, and Trustly, the global enabler of Open Banking Payments. Working together, Trustly and Newline will “drive innovation across the money movement landscape, including payments via the… Read More

September 7, 2024 @ 11:06 am By Omar Faridi  |  

Indus Valley Partners (IVP), a global provider of software and technology solutions to the world’s most sophisticated investment managers backed by PPC Enterprises, a specialist middle-market private equity firm and minority investor in IVP, announced that it has agreed to acquire IntegriDATA, a leader in… Read More

September 7, 2024 @ 10:53 am By Tony Zerucha  |  

Digital security firm security.org recently released its top 17 scams for 2024, and P2P payment apps top the list. The full text can be viewed here. Security.org surveyed nearly 1,100 American adults about their recent experiences with cybercriminals and the latest online schemes. They found… Read More

September 7, 2024 @ 10:50 am By Tony Zerucha  |  

Flutterwave, an African payments technology company, recently announced that its online merchants in Nigeria can now accept American Express payments. American Express Card Members – with consumer, business, or corporate cards – can make payments directly to e-commerce businesses using Flutterwave in Nigeria. This service… Read More