June 26, 2024 @ 11:51 pm By Omar Faridi  |  

Gresham, a provider of financial technology solutions, has released a research report, titled “US Banks’ Data Transformation Journeys at a Crossroads” that reveals fewer than 1-in-10 banks are at the leading edge of data and digital transformation. The report, which surveyed 120 banking leaders from… Read More

June 26, 2024 @ 11:23 pm By Omar Faridi  |  

The Bank of Ireland has entered a new Enviroflex partnership with Aurivo Co-op. Sustainability-linked loans now available to members of leading agribusiness, according to the update from the Bank of Ireland. As mentioned in a blog post, the Bank of Ireland has formed a new… Read More

June 26, 2024 @ 10:50 pm By Omar Faridi  |  

Mambu, a cloud banking platform, and C24 Bank, a “fully regulated” and BaFin-approved bank have announced an extension to their ongoing partnership following a successful initial launch of the greenfield digital retail bank. Founded by Check24, Germany‘s largest online comparison portal, C24 Bank “provides convenient… Read More

June 26, 2024 @ 10:49 pm By Omar Faridi  |  

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced the general availability of the Bluevine Business Cashback Mastercard, which offers small business owners “essential access to working capital along with an expansive menu of business tools,… Read More

June 26, 2024 @ 10:47 pm By Omar Faridi  |  

The International Monetary Fund (IMF) has released an update titled “Mapping the World’s Readiness for Artificial Intelligence Shows Prospects Diverge.” The IMF noted in a blog post that the new AI Preparedness Index Dashboard “tracks 174 economies based on their digital infrastructure, human capital, labor… Read More

June 26, 2024 @ 10:45 pm By Omar Faridi  |  

Retail Merchandising Servicing (RMS), a retail merchandising provider, celebrates one year with DailyPay–a worktech company and leader in earned wage access (EWA) to empower employees with choice and control over their pay. Headquartered in Brooklyn Park, Minnesota, RMS is said to be a preferred partner… Read More

June 26, 2024 @ 4:21 pm By JD Alois  |  

Artificial intelligence (AI) firm ValidMind has hired former JPMorgan Chase executive Kristof Horompoly. According to an email, Horompoly is now the new Head of AI Risk Management at ValidMind. While at JPM, Horompoly was head of Responsible AI at the global bank.. Horompoloy is expected… Read More

June 26, 2024 @ 3:58 pm By Omar Faridi  |  

Bank payment company GoCardless has announced a partnership with integration and automation platform Celigo to accelerate its growth through indirect channels. Leveraging Celigo’s integration platform (iPaaS) will enable GoCardless “to build integrations between its payment platform and the back-end systems commonly used by businesses today.”… Read More

June 26, 2024 @ 11:01 am By Omar Faridi  |  

Strike is introducing buying Bitcoin, global payments, and more to customers in the United Kingdom. Strike is now available in the UK, offering individuals and businesses access to a suite of Bitcoin and Lightning services. Stike noted in a blog post that they’re rolling out… Read More

June 26, 2024 @ 10:57 am By Omar Faridi  |  

World ID verification is reportedly coming to Ecuador. World ID orb verifications are to be introduced across Ecuador, according to an update from the WorldCoin Foundation. Verifications will be available “at six locations across two Ecuadorian cities, starting with the port city of Guayaquil on… Read More

June 26, 2024 @ 9:06 am By Omar Faridi  |  

MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on Fintech startups, announced today that it has raised a new fund targeting early-stage investments in Europe. The fund is designed to support the next generation of digital financial service providers “at the Post-Seed, Series A, and… Read More

June 26, 2024 @ 9:03 am By JD Alois  |  

MiCA, or Markets in Crypto Assets regulation approved by the EU, will soon come into effect. The new regulations aim to create a compliant ecosystem to enable digital asset innovation while protecting consumers and businesses. Today, Bitstamp, a long-established crypto exchange, has announced that it… Read More

June 26, 2024 @ 8:35 am By Omar Faridi  |  

We recently connected with Venu Appana from global Fintech Finastra, who helped us learn more about embedded lending services. Venu talked about the various concerns about BNPL products. He also helped us gain a better understanding of the overall Fintech industry trends and the current state… Read More

June 26, 2024 @ 8:20 am By Omar Faridi  |  

Betterment, the independent digital financial advisor, announced that Betterment for Advisors, its RIA custody division, has added new integrations with eMoney Advisor, Kwanti and Panoramix, which are available immediately to all advisors on the platform. Independent advisors need tools and software that “can work together… Read More

June 26, 2024 @ 8:19 am By Omar Faridi  |  

The SaaS funding landscape in 2024 is very different from even two years ago, according to an update from Capchase. In previous years, venture capital (VC) funding was “the most popular form of SaaS funding, with countless firms investing bold amounts into fledgling companies,” the… Read More

June 26, 2024 @ 8:17 am By Omar Faridi  |  

HeavyFinance is pleased to announce their partnership with CEEZER, a platform offering high-quality carbon removal and reduction projects. This partnership is said to mark a significant milestone for HeavyFinance and their investors. The voluntary carbon market “holds immense potential to validate climate mitigation beyond the… Read More

June 26, 2024 @ 8:09 am By Omar Faridi  |  

Qover, an Insurtech company driven by a vision of creating a global safety net through insurance, announces the launch of its AI-enabled solution designed to streamline the claims experience. With the potential of claim settlement within minutes of approval, Qover is set “to redefine the… Read More

June 25, 2024 @ 9:43 pm By Omar Faridi  |  

Jeremy Allaire, the CEO and Founder at stablecoin issuer Circle, says he’s more bullish than he has ever been about crypto. Deeper Dive into my Long Form Post/Cast on why I’m more bullish than I have ever been about crypto.https://t.co/BuQ5UoaQSg “Public blockchain infrastructure has evolved… Read More

June 25, 2024 @ 8:50 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced the divestment of Klarna Checkout (KCO). The buyer is a consortium of investors led “by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest.” This strategic move will allow KCO to “continue its evolution… Read More

June 25, 2024 @ 8:44 pm By Omar Faridi  |  

ION, a global enabler of trading and workflow automation software, high-value analytics, and strategic consulting, announces the successful integration of its fixed-income solutions with XTP Execution, extending client access to a range of futures markets for trading and market data. In today’s highly competitive and… Read More