Tagged: financial services

June 6, 2022 @ 10:03 pm By Omar Faridi  |  

MyApp, complementing Enfuce’s turnkey solution Card as a Service, is a white-label mobile app “with all the features of a modern card management.” With MyApp, Enfuce now “allows its customers to move to market with their new payment products in a more complete form.” As… Read More

June 6, 2022 @ 9:08 pm By Omar Faridi  |  

For the past year and a half, the Finix team has reportedly been heads down, evolving their product. Now, they’re pleased to share what they’ve been up to. The Finix team reveals that they have been enhancing their products “to allow software platforms (e.g., vertical… Read More

June 5, 2022 @ 10:28 pm By Omar Faridi  |  

Tarabut Gateway, which claims to be the largest Open Banking platform in the MENA region with a market presence in Bahrain, the UAE and KSA, recently announced four new key banking partnerships in KSA. As part of its expansion in Saudi Arabia, and the developments… Read More

June 5, 2022 @ 6:47 pm By Omar Faridi  |  

On May 23, 2022, the Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed judgment “against a debt collection enterprise with a history of deception and harassment to pay $4 million and be permanently banned from the debt… Read More

June 5, 2022 @ 5:37 pm By Omar Faridi  |  

The Fintech Open Source Foundation (FINOS), the financial services umbrella of the Linux Foundation, recently confirmed the addition of new corporate members, “including Google Cloud, Société Générale, American Express, Point72, Mirantis, and The Digital Dollar Project.” Building upon its 19 new Members in 2021 and… Read More

June 5, 2022 @ 4:54 pm By Omar Faridi  |  

The team at Alloy, which specializes in identity verification APIs that make KYC/AML “effective and simple,” has looked into how DeFi has evolved into a “major” sector of crypto without running KYC or AML checks on users. The Alloy team members have looked at “Permissioned… Read More

June 4, 2022 @ 7:04 pm By Omar Faridi  |  

Norwegian financial services provider Bulder Bank has officially introduced new enriched data transaction services for their retail banking clients. Powered by Snowdrop’s Merchant Reconciliation System API, the new service transforms previously messy payment data and instead “returns enhanced and intuitive information that displays the clean… Read More

June 4, 2022 @ 11:37 am By Omar Faridi  |  

TIFIN, a Fintech platform using artificial intelligence and “investment-driven” personalization to shape the future of investor experiences, recently announced the launch of their Magnifi+ platform. As noted in an update shared with CI, Magnifi + features investment intelligence “from leading financial pros through proprietary and… Read More

June 4, 2022 @ 10:58 am By Omar Faridi  |  

Alviere, which claims to be the “leading” provider of enterprise software solutions that easily enable any brand to deliver a “full suite” of financial products and services to customers, fans, and employees, recently announced that it has appointed Wes Schmidt as the firm’s Chief Revenue… Read More

June 3, 2022 @ 4:01 pm By Omar Faridi  |  

KeyBank (NYSE: KEY) recently announced the release of its end-to-end payment facilitation capabilities, allowing software companies “to easily own and process payments.” The concept of embedding financial products like payments and lending into software “is at the forefront of the financial services industry.” This release… Read More

June 3, 2022 @ 2:50 pm By Omar Faridi  |  

Dave Inc. (NASDAQ: DAVE) announced the arrival of cash back rewards “for all Dave Spending members with the launch of Dave Rewards.” Dave is the banking app on a mission “to create products that level the financial playing field.” This new offering “enables Dave’s members… Read More

June 3, 2022 @ 10:30 am By Omar Faridi  |  

Vestwell, the modern Fintech engine powering savings and investment programs for small businesses and individual savers, recently announced that the Commonwealth of Virginia has selected it “as the program administrator for RetirePath VirginiaSM.” The partnership will “provide Virginians with access to a workplace retirement plan… Read More

June 3, 2022 @ 8:17 am By Omar Faridi  |  

MOCA, a provider of advanced mobile-first digital accounts featuring a “next-generation” card-based payment platform and unlimited cash-back rewards, is pleased to confirm that it has added Shawn Sinner, a former Visa Payment Executive and Issuer processing industry veteran, “as President and Chief Revenue Officer.” In… Read More

June 3, 2022 @ 7:20 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), which claims to be an international “leader” in the evolution of digital P2P payments, and Mobily Pay, a “pioneering” mobile wallet powered by Saudi-based telecommunications and digital service provider Mobily, have announced a partnership “to launch MoneyGram’s leading international money… Read More

June 3, 2022 @ 7:11 am By Omar Faridi  |  

Commonwealth Bank’s venture-scaling business entity, x15ventures, recently revealed that it has appointed Laura Faulconer as its Portfolio Director. She will be responsible for growing and enhancing the x15 portfolio. As noted in the update, Laura joins x15 from early-stage venture capital firm, Antler, where as… Read More

June 2, 2022 @ 11:01 pm By Omar Faridi  |  

Fidelity International has teamed up with Canadian Fintech company, Conquest, as the “exclusive” distributor of its financial planning software, ‘Conquest Planning’ to the UK independent advice market. ‘Conquest Planning’ uses data and AI “to provide advisers with greater insight into clients’ changing circumstances, allowing them… Read More

June 2, 2022 @ 10:37 pm By Omar Faridi  |  

The “Is the grass greener on the sustainable side?” report surveyed more than 6,000 consumers on their attitudes “to green finance globally.” As noted in an update from Mambu, the report reveals that, while the majority are in favor of greener financial options, consumers “have… Read More

June 2, 2022 @ 10:31 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s “leading” open banking platform, and Thunes, a Singapore-based fintech company and a “leader” in global cross-border payments, recently announced their partnership “to streamline and improve the payment experience of consumers in the UK and Europe.” Thunes is building “a… Read More

June 2, 2022 @ 9:16 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a partnership that “makes Affirm’s Adaptive Checkout available to Stripe users in the U.S. today.” Adaptive Checkout uses Affirm’s smart decision engine “to… Read More

June 2, 2022 @ 8:14 am By Omar Faridi  |  

First Internet Bank recently announced that it has “raised its minimum hourly wage for full-time employees to $20.00.” The move is in response “to rising inflationary economic trends and reflects the Bank’s overall commitment to attracting and retaining talented employees.” Nicole Lorch, President and Chief… Read More