Tagged: financial infrastructure

AI Adoption: Financial Infrastructure Firm Stripe to Help Monetize OpenAI’s Products, Enhance Fintech Platform with GPT-4

Stripe, a financial infrastructure platform for businesses, announced OpenAI has chosen Stripe to power payments as it “moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.” Stripe is also “incorporating OpenAI’s new natural language technology, GPT-4, into its products and services.” Peter Welinder,… Read More

Fintech Stripe Expands Network Tokens, Card Account Updater to Improve Conversion

Stripe, a financial infrastructure platform for businesses, announced the expansion of its network tokens and card account updater in partnership with Visa, Mastercard, and American Express. Together, these features “help businesses protect revenue, increase authorization rates, and reduce the churn that occurs when customers’ credit… Read More

Central Bank of UAE Launches Financial Infrastructure Initiative to Accelerate Digital Transformation

In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, and Chairman of the Central Bank of the UAE’s (CBUAE) Board of Directors, the CBUAE launched its Financial Infrastructure Transformation Program (FIT program)… Read More

Fintech Stripe Launches Operations in Thailand

Stripe recently announced its general availability in Thailand, where its financial infrastructure platform will “help solve the complex payments issues facing Thai businesses.” Tee Chayakul, Thailand country director at Stripe, said: “Thailand’s digital economy is one of the fastest growing in Southeast Asia. However, moving… Read More

Wio Bank Teams Up with Financial Infrastructure Fintech Stripe

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will “enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.” Through this partnership, Wio Business, the… Read More

Irish Life Chooses Stripe to Enable Smart Invest App Payments

Stripe, a financial infrastructure platform for businesses, announced that the life insurance and pensions company Irish Life has chosen Stripe as “a strategic payments provider for its Smart Invest app.” The partnership will “make it easier for Smart Invest users to initiate both one-off and… Read More

Video Commerce Platform CommentSold Launches POS Solution Built on Stripe Terminal

CommentSold, the  live video commerce solution enabling retail businesses to unlock sales growth through live selling, announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers “gives… Read More

Stripe Terminal Now Available in Singapore

Stripe, an international financial infrastructure platform, recently announced that Stripe Terminal is currently available in Singapore, making it convenient for companies to create custom checkout experiences for accepting in-person payments, along with unifying client experience and data across online and in-person transfers. Although selling items… Read More

Working Capital Platform Fundbox Builds New Solution on Fintech Stripe’s Platform

Fundbox recently announced that its working capital platform is now embedded “within Stripe, a financial infrastructure platform for businesses.” A key player in providing embedded working capital solutions for B2B sellers, Fundbox’s collaboration with Stripe is “the first of many new integrations to come as… Read More

James Phillips to Join Fintech Stripe as President of Financial Services

  Stripe, a financial infrastructure platform for businesses, recently announced that James Phillips will be joining as President of Financial Services. James joins Stripe after spending about a decade working at Microsoft where he “helped scale the Digital Transformation Platform Group.” At Microsoft, James led… Read More

$100M Investment Fund Established by Financial Infrastructure Fintech Stronghold

Stronghold, a payments and financial infrastructure firm, has introduced Stronghold Capital in order to invest $100 million in high-potential firms and funds across key areas: “overlooked” and “underrepresented” founders as well as fund managers, the payments and fintech ecosystem, and the Web3 / blockchain sector…. Read More

Stitch, a Fintech Focused on Financial Infrastructure, Acquires $21M via Series A

Stitch is building the financial infrastructure to support Africa’s Fintech industry. Stitch has raised $21 million via an investment round led by The Spruce House Partnership, along with contributions from PayPal Ventures, TrueLayer, firstminute capital, The Raba Partnership, CRE Venture Capital, Village Global, Zinal Growth… Read More

UK Fintech Modulr Secures Visa Ready Certification, which Helps Clients Access Seamless Digital Payments Solutions

UK-based Fintech firm Modulr reveals that they’ve managed to secure their Visa Ready certification, which supports customers in selecting the “best of breed payment solutions” that meet Visa’s international standards. As noted in an update from Modulr, the extended collaboration with Visa will help with… Read More

UK Fintech Modulr Secures Strategic Investment from FIS

Modulr, a Payments as a Service API Platform for digital businesses, has revealed that it received a strategic investment from the venture division of FIS. FIS intends to leverage Modulr‘s API-enabled payments infrastructure to carry out and automate real-time, B2B payments in the UK and… Read More

Balaji S. Srinivasan Predicts Fintech and Crypto will Converge as Robinhood CEO Says we Must Update Financial Infrastructure

Balaji S. Srinivasan, a prominent angel investor and entrepreneur, says that Fintech is “the frontend,” while crypto is like “the backend.” Balaji, the former CTO at leading digital asset exchange Coinbase, points out that Fintech and blockchain/crypto technologies have been “built mostly in parallel over… Read More

Garrick Hileman from Blockchain.com Explains how Robinhood Failure was Near “Perfect Advertisement” for DeFi

  Garrick Hileman, Head of Research at Blockchain.com and visiting fellow at the London School of Economics, says that the future “doesn’t look like Robinhood.” Hileman writes in a blog post that “disgust over GameStop’s trading shutdown” will most likely accelerate the adoption of decentralized… Read More

Fintech Firm Plaid Introduces Deposit Switch to Automate and Streamline Account Funding

Ashley Cornall, Product Manager at Fintech firm Plaid, notes that more financial platforms and services now exist than ever before to assist users with taking control of their financial wellbeing. But it might still be quite challenging for consumers to direct where their payroll funds… Read More

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