Tagged: financial services

May 4, 2022 @ 6:33 am By Omar Faridi  |  

Nova Credit, the Fintech unlocking opportunities for “mainstream” and credit excluded consumers and the companies looking to serve them, has launched its latest product, Cash Atlas – “a first-party cash flow underwriting solution that transforms bank transaction data into a Fair Credit Reporting Act (FCRA) consumer… Read More

May 4, 2022 @ 1:03 am By Omar Faridi  |  

Australia-based Hay Group is introducing Shaype in order to redefine what may be possible in financial innovation, Fintech and embedded financial experiences. Since introducing the Hay as a Service (HaaS) product offering back in 2020, the professional team and the platform’s capabilities have reportedly grown… Read More

May 3, 2022 @ 11:37 pm By Omar Faridi  |  

Thousands of financial institutions will be able to “simplify” and “accelerate” the enablement of real-time payments for consumers and businesses as the result of a collaboration between The Clearing House and Fiserv, Inc. (NASDAQ: FISV), an international provider of financial services technology solutions. Fiserv financial… Read More

May 3, 2022 @ 10:02 pm By Omar Faridi  |  

Open Financial Technologies has reportedly acquired $50 million in capital via a Series D funding round that was led by IIFL Finance. Existing investors Tiger Global, Temasek and 3one4 Capital have also made contributions to  Open Financial Technologies latest investment round. Neobanking platform Open Financial… Read More

May 3, 2022 @ 9:56 am By Omar Faridi  |  

Line, the firm building a “modern” inclusive financial network, announced that it has secured $25 million in equity and debt, with Massive leading the funding round. As mentioned in an update shared with CI, Line is a Public Benefit Corporation mission-driven “to deliver unprecedented access… Read More

May 2, 2022 @ 6:04 pm By Omar Faridi  |  

C6 Bank clients are now able to use Samsung Pay in order to make purchases “without the physical card.” C6 Bank customers can now “register their C6, C6 Platinum, C6 Carbon and C6 Business cards in Samsung Pay.” Samsung’s service “allows users to make contactless… Read More

May 2, 2022 @ 8:54 am By Omar Faridi  |  

BNY Mellon (NYSE: BK), which claims to be one of the largest check processors in the United States, is leading efforts “to reduce check-based payments as sustainability goals and environmental concerns take root across the globe.” To support U.S. clients’ transition from paper to electronic… Read More

May 1, 2022 @ 9:19 pm By Omar Faridi  |  

Square recently announced the launch of Square Loans in Canada, giving small businesses quick and simple “access to funds and eliminating another major pain point associated with running a business.” By using transaction data, Square Loans “proactively surfaces customized offers to eligible sellers, providing them… Read More

May 1, 2022 @ 4:37 pm By Omar Faridi  |  

Ozone API, the developer of the standards-based software for open banking and open finance, has introduced a suite of solutions that “enable banks to move beyond compliance and convert their APIs into more strategic and commercial channels.” The enhancements to Ozone’s open API platform “give… Read More

May 1, 2022 @ 2:05 pm By Omar Faridi  |  

Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, has announced a partnership with MX Technologies, Inc., a key player in Open Finance. Together, KlariVis and MX will empower financial institutions “with new data-driven capabilities and financial insights to equip leaders… Read More

May 1, 2022 @ 12:35 pm By Omar Faridi  |  

Blockchain or distributed ledger tech (DLT) is “revolutionizing” the world just as the Internet did in its day, according to an update from Santander. The team at Banco Santander (NYSE: SAN) notes that “an increasing number of sectors see the enormous potential in this type… Read More

May 1, 2022 @ 12:32 pm By Omar Faridi  |  

Curve, the financial super app which helps customers with understanding and “mastering” their finances by bringing together debit, credit and loyalty cards into one, announced a partnership with Lewes Football Club. The partnership has been born out of the brands’ goals and objectives of empowerment…. Read More

April 30, 2022 @ 1:03 pm By Omar Faridi  |  

JS Bank, a leading commercial bank operating in Pakistan, has enhanced its Core Banking platform with assistance from IT firm NdcTech (as the implementation partner for the upgraded system). This deployment is a key part of JS Bank’s overall strategy to rebuild its tech and… Read More

April 29, 2022 @ 8:14 am By Omar Faridi  |  

Varo Bank, N.A., which claims to be the first all-digital, nationally chartered bank in the US, has announced the appointment of Spencer Rascoff, Co-Founder and former CEO of Zillow to Varo’s Board of Directors. Rascoff joins Varo’s Board to continue “to scale Varo, a one-of-a-kind… Read More

April 28, 2022 @ 10:36 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

April 28, 2022 @ 2:50 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced that North Jersey Federal Credit Union (NJFCU) selected Symitar in order “to host its core in the Jack Henry private cloud and help enable its new technology strategy.” One of the key drivers of the core conversion was… Read More

April 28, 2022 @ 8:25 am By Omar Faridi  |  

Over 8 million current accounts have reportedly been switched since a service making it a lot easier for clients to swap their banks or building society was introduced. The Current Account Switch Service (Cass) was introduced back in 2013 in order to remove all the… Read More

April 28, 2022 @ 1:07 am By Omar Faridi  |  

Conjura, which claims to be the leading e-commerce data analytics platform, recently announced that it secured €15 million in Series A funding. The investment round was co-led by Act Venture Capital and MiddleGame Ventures, along with contributions from Tribal VC. Conjura will use the capital… Read More

April 28, 2022 @ 12:10 am By Omar Faridi  |  

Financial institutions can access a “curated” set of Fintech solutions that can help them reach new customers, “operate more efficiently” and compete “more effectively” via the launch of AppMarket from Fiserv (NASDAQ: FISV), an international provider of payments and financial services tech solutions. The Fintech… Read More

April 27, 2022 @ 7:12 pm By Omar Faridi  |  

Eventus, which claims to be a leading international provider of multi-asset class trade surveillance and market risk solutions, and FTX.COM, a global cryptocurrency exchange, announced that FTX has contracted with Eventus “to deploy the firm’s Validus platform for trade surveillance and risk monitoring on all… Read More