Tagged: financial services

April 24, 2022 @ 9:34 am By Omar Faridi  |  

Dreams, the financial wellbeing platform and “leader” in engagement banking solutions, recently announced the appointment of Russell Prince-Wright, Jason Curtis and Peter Hedlund, to join Dreams’ senior management team “as Regional Directors and drive the company’s B2B expansion.” Collectively, Russell, Jason and Peter “bring more… Read More

April 23, 2022 @ 5:53 pm By Omar Faridi  |  

Tarabut Gateway has reportedly been granted a license by Dubai Financial Services Authority (DFSA) to offer money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, which claims to be “the leading global financial center”… Read More

April 23, 2022 @ 3:50 pm By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, recently announced that it has expanded its Business Payments Network (BPN) provider relationship “with KeyBank to include B2B invoice delivery in addition to capturing payments and processing remittance data through its first-of-its-kind digital… Read More

April 23, 2022 @ 2:49 pm By Omar Faridi  |  

Fintech firm Lightyear, which launched in the UK last year, recently announced the addition of new features: limit orders, auto conversions and exportable activity statements. Lightyear has also “formally appointed two of its seed investors as advisors, Wander Rutgers and Joe Cross.” Lightyear, founded by… Read More

April 23, 2022 @ 2:47 pm By Omar Faridi  |  

Brex, the Fintech firm that is focused on reimagining finance for growing businesses, has  announced its acquisition of Pry Financials, which is a software platform “with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million.” As mentioned in the update, cash flow forecasting… Read More

April 22, 2022 @ 2:25 pm By Omar Faridi  |  

Wells Fargo (NYSE: WFC) recently announced the Small Business Resource Navigator, which is an online portal helping connect small business owners “to potential financing options and technical assistance through Community Development Financial Institutions (CDFIs) across the country.” The portal was launched in collaboration “with the… Read More

April 21, 2022 @ 5:01 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) recently announced that Old Second National Bank has expanded its collaboration with Jack Henry “to support the bank’s digital and growth strategy.” Among the largest locally headquartered banks in the Chicago area, Old Second benefited from “a seven-year… Read More

April 21, 2022 @ 12:15 pm By Omar Faridi  |  

First Internet Bank recently announced that Genevieve Lua has “joined its growing Small Business Administration (SBA) Lending team as a Vice President, Business Development Officer.” First Internet Bank Vice President, National SBA Sales Manager Mark Gibson said: “Genevieve’s people-first focus and relationship-building skills are important… Read More

April 21, 2022 @ 8:27 am By Omar Faridi  |  

Qualco UK, which delivers panel management solutions and analytics that are focused on debt resolution, has reportedly gone live with new solutions leveraging Open Banking tech. Having teamed up with Ecospend and Themis Global, Qualco UK is providing account-to-account payment options, under a white label… Read More

April 20, 2022 @ 9:45 pm By Omar Faridi  |  

In the APAC region, regulatory authorities have reportedly been working on frameworks and guidelines in order take account of various products and services that are being launched due to ongoing Fintech innovation and the rise of emerging technologies. However, with the COVID crisis significantly accelerating… Read More

April 20, 2022 @ 8:17 am By Omar Faridi  |  

French Fintech Kard has introduced a range of virtual banking services that allows families to gain a better understanding of exactly where they spend their funds. These new features show Kard users the actual name of each brand, the corresponding logo or icon and the… Read More

April 20, 2022 @ 12:50 am By Omar Faridi  |  

If you’re an Indian exporter, then you may need to care about the European market, according to an update from Razorpay. The European Union is reportedly India’s second-largest destination for exports and is India’s third-largest trading partner, “accounting for €62.8 billion worth of trade in… Read More

April 19, 2022 @ 10:43 pm By Omar Faridi  |  

In addition to financial services, the Aliada Digital Card offers a range of free “basic” assistance, such as a 24-hour online doctor, ambulance service, unlimited online counseling with a psychologist, legal advice and “one-click concierge services,” as well as “all the benefits offered by the… Read More

April 19, 2022 @ 4:07 pm By Omar Faridi  |  

Financial technology provider FIS (NYSE: FIS) has announced its Banking-as-a-Service Hub, enabling banking institutions, credit unions, and Fintechs to build the virtual banking and payments ecosystems they require to provide innovation to merchants and consumers. The FIS Banking-as-a-Service Hub offers a complete suite of banking… Read More

April 19, 2022 @ 2:25 am By Omar Faridi  |  

With mobile wallet transactions expected to surge to $708 billion in Europe by 2025, we may  need to simplify the payments process, according to VitraCash. The Fintech firm has launched a smart debit card & app that “selects the best card for every transaction.” With… Read More

April 18, 2022 @ 8:01 pm By Omar Faridi  |  

Tech sometimes moves at “a dizzying pace.” When it comes to innovation in financial activities, often referred to as Fintech, the world is “seeing major advances,” according to an update from the IMF. For banks, Fintech “disrupts” core financial services and “pushes them to innovate… Read More

April 18, 2022 @ 7:45 am By Omar Faridi  |  

Technology is too often a “blindfold” when it should be a “microscope,” Oxford Risk has warned. Wealth managers or advisers risk failing investors on suitability “by not using technology appropriately to measure ESG preferences and being caught up in the ‘green rush’,” according to behavioral… Read More

April 18, 2022 @ 2:04 am By Omar Faridi  |  

The Bank of London, the next-gen tech firm and the “world’s first” purpose-built global clearing, agency, and transaction bank, recently announced the appointment of Tom Wood as Deputy-Chief Executive Officer United Kingdom (UK) and Member of its UK Bank Board, “reporting directly to Group Chief… Read More

April 17, 2022 @ 11:54 pm By Omar Faridi  |  

Truelytics recently teamed up with BlackRock (NYSE:BLK) to offer advisors “access to data, analytics, and insights to manage and grow their practices.” Financial advisors need access to the most “accurate, timely, and insightful tools for helping manage their practice and improve their valuation.” To that… Read More

April 17, 2022 @ 8:00 pm By Omar Faridi  |  

We recently connected with Bill Sytsma, Senior Vice President at Callsign, a digital trust pioneer servicing some of the top banks in the US, to discuss authorized push payment (APP) fraud. Bill began working at Callsign in January 2021, where he is responsible for the… Read More