Tagged: digital financial services

February 1, 2023 @ 10:33 pm By Omar Faridi  |  

livi bank, Hong Kong’s “lifestyle-driven” virtual bank, is continuing its development with the pilot launch of its wealth management service, which “follows closely on livi’s launch of its first offering to Hong Kong’s SME business community.” livi is now able “to distribute funds managed by… Read More

February 1, 2023 @ 8:17 am By Omar Faridi  |  

The crypto-asset industry might have been struggling during the past year, however, global banking institution HSBC (NYSE: HSBC) is looking to enhance its expertise in the area, advertising for senior digital assets and tokenization professionals. The new roles, both at HSBC‘s Global Private Banking and… Read More

January 31, 2023 @ 8:09 am By Omar Faridi  |  

Large enterprises today are facing significant macroeconomic uncertainty across the world, according to an update from Paysend. Alexander Budyakov, Enterprise Business Executive, Paysend, notes that the fallout of the COVID-19 pandemic continues “to disrupt markets and supply chains whilst inflationary pressures and fluctuating currency markets… Read More

January 30, 2023 @ 12:03 pm By Omar Faridi  |  

Groceries, transportation, relationships, entertainment, and more are all now “available at the swipe of a smartphone,” the team at Inscribe notes in a blog post. Buyers have come “to not only enjoy — but expect — frictionless interactions that provide instant gratification.” Fast response times… Read More

January 27, 2023 @ 1:27 pm By Omar Faridi  |  

Alviere, the embedded finance platform provider, is pleased to announce that Grupo Coppel, Mexico’s largest non-food retailer, has chosen Alviere “to enable the launch of Coppel Access, a mobile wallet that will provide millions of unbanked and underbanked consumers in the U.S. with easy access… Read More

January 26, 2023 @ 12:06 pm By Omar Faridi  |  

Milo, a financial technology company that is reimagining the way crypto and global consumers access financial solutions, announced the launch of its new crypto loan product. This launch means that digital asset-holders will now have the opportunity “to use their cryptocurrency as collateral to access… Read More

January 26, 2023 @ 8:56 am By Omar Faridi  |  

We recently caught up with Girts Straujums, CEO of WeavePay, a UK-based payment platform that helps businesses go borderless. Girts Straujums talked about the issues facing Fintech platforms and how certain customer needs are still not being met. Straujums also shared the main reasons why… Read More

January 25, 2023 @ 8:22 pm By Omar Faridi  |  

Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu in order “to deliver an innovative digital banking solution that is aiming to improve access to high quality financial services for Filipinos.” Singapore-based Tyme Group, which has partnered with Gokongwei… Read More

January 24, 2023 @ 10:20 pm By Omar Faridi  |  

Touch ‘n Go Group, via the Touch ‘n Go eWallet, has formed a strategic partnership with Visa, the world’s leader in digital payments, in order “to launch the first corporate social responsibility (CSR)-linked Visa prepaid card in Malaysia.” The design of the new Visa card… Read More

January 24, 2023 @ 6:56 pm By Omar Faridi  |  

Digital wealth manager Moneyfarm announced that it has appointed Dame Jayne-Anne Gadhia as Chair. Dame Jayne-Anne Gadhia, DBE, CVO, FRSE, “brings considerable experience to the role.  She is the Founder and Executive Chair of fintech Snoop and was the CEO of Virgin Money from 2007… Read More

January 22, 2023 @ 10:47 pm By Omar Faridi  |  

Merchant commerce omnichannel platform, Pine Labs announced that it has entered the United Arab Emirates (UAE) market. Pine Labs will partner local banks and financial institutions in the region “to help them serve their merchant partners better.” Banks in the UAE will “benefit from a… Read More

January 22, 2023 @ 10:21 pm By Omar Faridi  |  

Maybank and Perodua Sdn Bhd recently signed a Memorandum of Collaboration (MoC) on providing seamless end to end integrated digital financial services for Perodua via Maybank’s M2e platform as well as offering additional financial support via financing packages worth close to RM400 million to help… Read More

January 20, 2023 @ 10:31 am By Omar Faridi  |  

C2FO, which claims to be the world’s on-demand working capital platform, claims it finished 2022 strong “in the face of shifting global financial conditions.” The company’s focus on “providing fast, flexible and equitable access to cash flow became an even more significant asset to businesses… Read More

January 19, 2023 @ 12:23 pm By Omar Faridi  |  

PayJunction, a developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, “enabling PayJunction customers and partners to deliver a better pay-by-bank experience.” Integrating Plaid’s secure account-to-account (A2A) bank connectivity technology with PayJunction’s… Read More

January 19, 2023 @ 11:07 am By Omar Faridi  |  

Dock, an innovator in financial technology infrastructure across Latin America, has launched Dock One, an integrated cloud-based platform for banking and payments that “allows companies to easily scale business operations anywhere in the world by offering financial services enablement to their customers.” The innovative platform… Read More

January 19, 2023 @ 7:57 am By Omar Faridi  |  

WeLab Bank, which claims to be the most innovative bank in Hong Kong, launched the Exclusive Limited-time Offer: Tesla-dedicated Loan with 0% APR “for selected Tesla owners and staff from selected organizations across Hong Kong.” Eligible customers will also “enjoy bonus offer including free supercharging1,… Read More

January 18, 2023 @ 9:52 am By Omar Faridi  |  

The financial services sector has evolved considerably during the past decade, with many new Fintech startups and banking challengers raising substantial funding to fundamentally improve how consumers perform transactions. Individuals and business organizations across the globe have been moving their activities online, a digital transformation… Read More

January 17, 2023 @ 8:38 am By Omar Faridi  |  

Global fintech Airwallex has announced the launch of a partnership with American Express, allowing Airwallex customers “to accept American Express Cards as a payment method.” Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to “accept American Express Card… Read More

January 16, 2023 @ 9:19 am By Omar Faridi  |  

Digital lender and non-bank challenger MONEYME (ASX: MME) has officially launched a new credit score product that has already “seen over 37,000 new customers swarming to discover their score during a Beta Trial, despite zero marketing of the product so far.” The MONEYME Credit Score… Read More

January 10, 2023 @ 9:30 pm By Omar Faridi  |  

As many Canadians set their financial goals for the year ahead, CIBC announced the launch of CIBC Smart Planner, which is described as “an easy to use, self-serve digital tool that takes the complexity out of managing finances and offers personalized advice.” CIBC Smart Planner… Read More