Tagged: financial services

February 5, 2022 @ 4:19 pm By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, announced the appointment of Paula Bellizia as the Brazilian unicorn’s partner and president of Global Payments. She will be responsible for leading the Fintech company’s international teams of Sales, Marketing, Operations and Expansion, presently located across the… Read More

February 5, 2022 @ 12:32 pm By Omar Faridi  |  

Cross River Bank, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions, recently announced that it will be powering PayTile, a Fintech firm that provides location-based payments via their app. PayTile is reportedly one of the first ever peer-to-peer (P2P) payment… Read More

February 4, 2022 @ 9:02 am By Omar Faridi  |  

European Fintech Bunq has reportedly become one of Europe’s first neobanking platforms to offer its clients a straightforward and sustainable way to invest their funds. The Dutch firm was recently valued at €1.6 billion and has now introduced ‘Easy Investments’ as part of the most… Read More

February 3, 2022 @ 4:12 pm By Omar Faridi  |  

Consumers and businesses reportedly sent 1.8 billion payments via the Zelle Network during 2021, an increase of 49% from a year prior, Early Warning Services, LLC, the network operator behind Zelle, confirmed on February 2, 2022. Those payments “totaled $490 billion, up 59%.” Al Ko,… Read More

February 3, 2022 @ 9:04 am By Omar Faridi  |  

TrueLayer, which is one of Europe’s Open Banking platforms, has announced its expanding operations into Sweden with the appointment of ex- Adyen executive Karl Hagner as its Country Manager. An experienced commercial manager, with a sharp focus on payments in digital commerce, Stockholm’s Karl will… Read More

February 2, 2022 @ 11:30 pm By Omar Faridi  |  

Royal Park Partners, which claims to be one of the leading financial advisors to the Fintech sector, recently announced that it is expanding its leadership team following a year of steady growth. Abhimanyu Toor and John Clark will reportedly join co-founder Aman Behzad as Managing… Read More

February 2, 2022 @ 6:01 pm By Omar Faridi  |  

Rohan Amin, Chief Product Officer at Chase, notes that this year, as individuals across all segments of our society continued to navigate the COVID-19 crisis, we were all forced to carefully examine our everyday behaviors more closely. As explained by Amin in an update shared… Read More

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

The team at ComplyAdvantage has released their new report, titled The State of Financial Crime 2022. ComplyAdvantage’s outlook for 2022: From supply chains in crisis to “high-wire” geopolitical standoffs and the implementation of updated regulatory frameworks, it’s going to be “a landmark year for compliance… Read More

February 2, 2022 @ 8:43 am By Omar Faridi  |  

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

February 2, 2022 @ 2:18 am By Omar Faridi  |  

Fintech Australia has introduced a third resource for the industry, publishing a new map outlining Fintechs in the local ecosystem. Following on from regulatory and investor maps, the ecosystem map from Fintech Australia offers a detailed overview of Fintech platforms currently in this market. The… Read More

February 1, 2022 @ 4:23 pm By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, recently announced the completion of its SafetyPay acquisition. SafetyPay is a payments platform operating mainly in Latin America that enables digital commerce transfers through an extensive choice of Open Banking and eCash solutions. For Paysafe, this transaction solidifies its… Read More

February 1, 2022 @ 2:56 pm By Omar Faridi  |  

Many US consumers face complications, challenges or adversity when carrying out purchases because the name on their debit card doesn’t match “who they truly are.” T-Mobile (NASDAQ: TMUS) announced (on January 31, 2022) True Name® by Mastercard® for T-Mobile MONEY, allowing all clients, including transgender… Read More

February 1, 2022 @ 1:15 pm By Omar Faridi  |  

Newgen Software, an international provider of the NewgenONE Digital Transformation Platform, recently announced an integration of Newgen’s Commercial Loan Origination Software (CLOS) with Factual Data “for seamless access to the bureau credit information.” By leveraging Newgen’s CLOS, financial institutions can effectively automate their commercial lending process,… Read More

February 1, 2022 @ 9:06 am By Omar Faridi  |  

Alan Lane, CEO at Silvergate Capital (NYSE:SI), has noted that the bank holding company aims to introduce a stablecoin by the end of 2022.  The plan has been revealed after the firm’s recent acquisitions of assets and intellectual property (IP) from Meta’s (Facebook) (NASDAQ:FB) crypto project… Read More

February 1, 2022 @ 8:03 am By Omar Faridi  |  

The European Banking Authority (EBA) has introduced its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be key to coordinating ongoing efforts by relevant authorities and the EBA to prevent and combat money laundering… Read More

January 31, 2022 @ 11:10 pm By Omar Faridi  |  

Singapore-headquartered Insurtech firm 360F and AXA recently announced that they will be introducing a full-scale production of their advisory tool, called “My FinScore.” 360F had supported the launch of My FinScore with AXA Singapore earlier in January. The product was made available to AXA’s 700-strong… Read More

January 31, 2022 @ 9:17 pm By Omar Faridi  |  

Axiata Digital’s Fintech division Boost is reportedly planning to expand its products and services while strengthening its regional presence. The firm announced these plans after a year of steady growth in revenues and product innovation. Boost reveals that its client base increased to more than… Read More

January 30, 2022 @ 12:20 pm By Omar Faridi  |  

Jack Zhang, the Co-founder and CEO at Fintech Airwallex, notes that in the past year, they continued on their journey to build one of the biggest international financial infrastructures by expanding their platform capabilities and geographic presence. Zhang writes in a blog post that Airwallex… Read More

January 29, 2022 @ 4:59 pm By Omar Faridi  |  

The ICICB Group claims that it has an established track record of launching innovative businesses and propositions with consistency. The Group is known for reviewing the scope of possibilities, from initial strategy to technical development. As mentioned in an update shared by the ICICB Group,… Read More

January 29, 2022 @ 3:57 pm By Omar Faridi  |  

Finmark, the financial modeling software provider for startups, has announced new funding from American Express Ventures, which is the strategic investment group of American Express (NYSE: AXP). Amex Ventures joins several other existing investors, which reportedly includes Draper and Associates, Bessemer Venture Partners, and IDEAfund… Read More