Tagged: financial services

December 4, 2023 @ 9:44 pm By Omar Faridi  |  

New functionality and attributes are expected to fuel growth and scale in 2024, according to an update from Fintech firm Addepar. As part of a note shared by Addepar, the wealthtech firm has shared key platform developments, research insights along with client, partner and company… Read More

December 4, 2023 @ 9:09 pm By Omar Faridi  |  

Pakistan has emerged as one of the fastest-growing markets for freelancers and digital services. Although the majority of the nation’s residents are living in poverty, and the country continues to face major political and economic challenges, there is still a significantly large digital economy that… Read More

December 4, 2023 @ 7:55 am By Omar Faridi  |  

Visa (NYSE: V) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends “in consumer behaviors and preferences for outbound and inbound cross-border travel.” Travel has surged post-COVID and there are “no signs of retreating, despite rising… Read More

December 4, 2023 @ 7:51 am By Omar Faridi  |  

S Group, the Finnish retail market firm, is set to enhance customer experiences through an extensive partnership with Adyen (ADYEN:AMS), the global financial technology platform of choice for leading businesses. S Group offers everyday services “at grocery stores, hotels and restaurants, department stores, service station stores,… Read More

December 4, 2023 @ 7:50 am By Omar Faridi  |  

N26 Group shared an overview of its business and product strategy through to the year 2024. The European digital banking services provider also announced key financial figures “for the fiscal year ended December 31, 2022, as well as an outlook for the 2023 fiscal year… Read More

December 1, 2023 @ 4:55 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash and digital payments market leader, announces a new, easier-to-use interface for its AI-powered accounts receivable (AR) software platform which delivers improved insights and a more holistic view of AR processes to optimize cash flow and improve staff productivity. The new, platform-wide… Read More

November 30, 2023 @ 8:10 pm By Omar Faridi  |  

Banco Security will enhance its digital offering with Backbase‘s Engagement Banking platform, laying the foundation for the next generation of banking services. As part of its comprehensive $50 million digital investment plan spanning four years, Grupo Security is driving “a set of initiatives aimed at… Read More

November 30, 2023 @ 4:54 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) released findings highlighting global e-commerce fraud that occurred during the start of the 2023 holiday shopping season. Based on insights from TransUnion’s global device risk consortium, the analysis found 3.6% of all global e-commerce transactions “reviewed during the Cyber Five days were… Read More

November 28, 2023 @ 1:08 am By Omar Faridi  |  

Crastorehill, a company majority owned by Finch Capital, Europe‘s growth investor, has successfully acquired open banking players “as part of their buy-and-build strategy.” This move positions Crastorehill as “the 100% shareholder of Qwist (formerly finleap connect) and ndgit, harnessing their complementary strengths to lead the… Read More

November 27, 2023 @ 10:28 pm By Omar Faridi  |  

Ubank says tha tcontinues to innovate for the digital generation. Ubank is announcing a new, upcoming app and service features “to help the digital generation reach their financial goals sooner.” Ubank, Australia’s digital bank, is continuing “to serve Australia’s tech-savvy demographic.” With strong customer growth… Read More

November 27, 2023 @ 9:09 pm By Omar Faridi  |  

Xero, the global small business platform, has released a new report revealing Singapore’s accounting and bookkeeping sector is undergoing significant transformation, “driven by technology innovation and shifting client expectations.” Xero’s State of the industry report “surveyed 300 accountants and bookkeepers working in Singaporean practices to… Read More

November 27, 2023 @ 5:05 pm By Omar Faridi  |  

It’s not just Millennials and Gen Z with do-it-yourself brokerage accounts “driving the trend toward increased use of digital wealth management tools; the digital channel has become central to the client experience for all types of investors, with mobile apps leading the way.” According to… Read More

November 27, 2023 @ 12:14 pm By Omar Faridi  |  

Nubank (NYSE:NU) has just launched a tool to make the lives of its over 3 million SME account holders even easier. Gradually, Nu’s business customers will “be able to transfer the limit of their personal credit card to their business card.” This innovative feature allows… Read More

November 27, 2023 @ 11:47 am By Omar Faridi  |  

Payhawk introduces a 3-way match Purchase Orders system, “enabling businesses to automate their procure-to-pay process to further increase the efficiency and control in business purchases.” Payhawk, the global spend management platform, reveals that it has launched its new Purchase Orders system. The solution streamlines procurement… Read More

November 27, 2023 @ 9:16 am By Omar Faridi  |  

Moonfare has appointed Marc Lamik as its Chief Product and Technology Officer, which is a newly-created executive committee position “reporting to Co-CEO Lorenz Jüngling.” Lamik, who is based in Lisbon, “joined Moonfare in July 2022 as VP of Product and Data.” In his new role… Read More

November 27, 2023 @ 7:36 am By Omar Faridi  |  

Volt, the global real-time payments platform, announces its expansion into Australia following a period of sustained growth for the UK-headquartered fintech company. Following Volt’s $60m funding round earlier this year, this development “marks the latest step in its ambitious growth plans to meet market demand… Read More

November 27, 2023 @ 5:22 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has launched Capital, a product that enables businesses on Adyen for Platforms offer timely access “to funding for their small and medium-sized business (SMB) users in Australia.” Research conducted in partnership with Boston… Read More

November 26, 2023 @ 11:48 pm By Omar Faridi  |  

Kingston University is collaborating with UK neobank Science Card in order “to drive major breakthrough in cervical cancer treatment.” Science Card claims that it is creating “a unique science funding infrastructure by collaborating with UK universities to enable users of its socially-conscious e-money current account… Read More

November 26, 2023 @ 9:56 pm By Omar Faridi  |  

Credifiel reports that the company increased its revenue by 24% in the nine month period ending September 2023 “compared to the same period last year, reaching €32.7 million1, a net profit of €5.7 million.” The company further shares that its loan portfolio “increased by 74%… Read More

November 26, 2023 @ 9:50 pm By Omar Faridi  |  

Citi (NYSE: C) announced it has successfully completed the sale and full migration of its Indonesia consumer businesses to UOB Indonesia (UOBI). The sale includes retail banking, credit card, and unsecured lending businesses, “as well as the transfer of employees.” Citi and UOB first announced… Read More