Tagged: financial services

March 10, 2022 @ 3:04 pm By Omar Faridi  |  

Tot, an Italian Fintech banking platform that streamlines administrative and financial management via all-digital tools for self-employed professionals and micro-businesses with up to 10 workers, confirms its market debut in March 2022. Tot mainly specializes in microenterprises, amid rising attention to this industry segment, because… Read More

March 9, 2022 @ 3:55 pm By Omar Faridi  |  

Stellar, which claims to be on a mission to offer “unprecedented” access to credit-building and financial tools to underserved communities, has reportedly attracted several investors to finalize an oversubscribed $7 million round. Stellar Founder and CEO, Lamine Zarrad, stated: “We created Stellar to provide credit… Read More

March 9, 2022 @ 3:19 pm By Omar Faridi  |  

Dollar General (NYSE: DG) announced a series of financial services aimed at improving access to banking options and offering additional customer payment alternatives. New services reportedly include the introduction of Dollar General’s exclusive spendwell banking platform, a Buy Now, Pay Later test program with Sezzle… Read More

March 9, 2022 @ 12:49 pm By Omar Faridi  |  

Zebra Technologies (NASDAQ: ZBRA), an innovator at the “front line” of business with solutions and partners that offer a “performance edge,” recently announced that North Shore Bank has chosen Reflexis for Banking to enhance branch tasks and boost staff effectiveness and productivity to “elevate the customer… Read More

March 9, 2022 @ 7:10 am By Omar Faridi  |  

BankiFi, the Manchester-headquartered technology firm focused on putting banks at “the heart” of business, has announced that it joined Visa Fintech Partner Connect in Europe – a program that assists Visa`s customers with offering the next-gen of virtual banking solutions. The partner program mainly focuses… Read More

March 8, 2022 @ 8:14 am By Omar Faridi  |  

Venture capitalists’ enthusiasm or eagerness to invest in Fintech platforms, which ranked as one of the most active industry segments for startup investments in 2021, is showing signs of slowing down. During the last few weeks, a total of 51 Fintech firms secured a total… Read More

March 8, 2022 @ 1:07 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) has reportedly joined other global financial institutions, consulting and technology companies to accelerate “disruptive” Fintech, Insurtech, Regtech and Deeptech innovations and “empower collaborations.” Via this partnership, Microsoft aims to “contribute to F10’s ecosystem to foster the exchange with FinTech startups around the… Read More

March 7, 2022 @ 11:58 pm By Omar Faridi  |  

Jurisdictions under increased monitoring are “actively working” with the Financial Action Task Force (FATF) to address “strategic deficiencies” in their regimes in order to counter money laundering, terrorist financing, and proliferation financing. When the FATF places a jurisdiction under increased monitoring, it “means the country… Read More

March 7, 2022 @ 4:32 pm By Omar Faridi  |  

NYDIG says it is committed to partnering with banking institutions to integrate Bitcoin into their products. Landry’s, Inc., the owner/operator of more than 65 brands with over 600 locations internationally, recently noted that Select Club members will now be able to earn Bitcoin points “when… Read More

March 7, 2022 @ 11:10 am By Omar Faridi  |  

Wealth at Work,  a financial wellbeing and retirement specialist, has reportedly appointed Jerome Gudgeon to serve as its Chief Information Technology Officer. Due to strong demand for its all-digital services, WEALTH at work is focused on innovating further to ensure customers are able to benefit… Read More

March 7, 2022 @ 7:56 am By Omar Faridi  |  

Software intelligence firm Dynatrace (NYSE: DT) announced that TSB Bank is using the Dynatrace platform to “accelerate innovation as it expands digital services for its customers.” TSB has built a multi-Cloud banking platform on AWS, IBM Cloud, and BT Cloud, to “support customers across all… Read More

March 6, 2022 @ 1:13 pm By Omar Faridi  |  

Zaapi, a mobile app that allows small businesses to establish their digital commerce presence within seconds, has finalized a $4 million seed round. VC investors including GFC, Flourish Ventures, and Partech have led Zaapi’s investment round. Other investors in the funding round reportedly include 1982… Read More

March 5, 2022 @ 7:58 am By Omar Faridi  |  

Qatar Fintech Hub announced that it decided to host the fourth hackathon “to foster innovative ideas in next generation banking” Applications had been open “until 2 March 2022.” As confirmed in the announcement, pitches “take place on 10 March, and winners to be announced by… Read More

March 3, 2022 @ 6:05 pm By Omar Faridi  |  

European payment institution, Igoria Trade SA, is enhancing its multicurrency IBAN capabilities by “working in partnership” with technology-first payments bank, Banking Circle. Utilizing Banking Circle Virtual IBAN, Igoria Trade will also “benefit from fast, secure SEPA, SWIFT and Faster Payments transfers.” With head offices in… Read More

March 3, 2022 @ 3:08 pm By Omar Faridi  |  

The team at UK Fintech Modulr notes that they are pleased to let their clients know that their Faster Payments transaction limit has “increased from £250,000 to £1 million for inbound and outbound payments, in line with the retail payments authority, Pay.UK, which went into… Read More

March 3, 2022 @ 8:31 am By Omar Faridi  |  

Fintech firm Freetrade reveals that they have received their license from Sweden’s financial regulator, Finansinspektionen. Freetrade confirms that their mission “to get everyone investing got a big boost this week, as we secured our licence from the Swedish financial regulator.” The company wrote in a… Read More

March 3, 2022 @ 8:25 am By Omar Faridi  |  

Goldman Sachs (NYSE: GS) is reportedly moving forward with its embedded finance plans. The investment bank’s collaboration with General Motors (GM) (NYSE: GM). This is the most recent step taken to capitalize on this growing Fintech trend. Goldman Sachs had taken over issuing the General… Read More

March 2, 2022 @ 11:27 pm By Omar Faridi  |  

Wealthtech firm Addepar is pleased to confirm that it has joined the Open Cap Table Coalition, which is a cross-industry group that is focused on enhancing the interoperability, transparency, and portability of “company capitalization data.” Addepar, along with industry professionals from across the tech and… Read More

March 2, 2022 @ 3:19 pm By Omar Faridi  |  

Most US consumers are in enough credit card debt and they might do anything to “go back in time and change the outcome of their financial situation,” according to research shared by Fintech firm TrueAccord. TrueAccord notes that a survey of 2,000 general population Americans… Read More

March 2, 2022 @ 3:02 pm By Omar Faridi  |  

The team at HMBradley reveals that they recently detected a cyberattack on their systems. In this type of attack, often referred to as a “credential stuffing attack”, the perpetrator attempts “to gain access to a customer’s account using login credentials illegally obtained from another source.”… Read More