Tagged: financial services

October 23, 2023 @ 1:46 pm By Omar Faridi  |  

Moonfare has appointed Dr. Lorenz Jüngling, currently managing director, chief operating officer, and chief financial officer, “as Co-CEO, alongside Moonfare founder, chairman and current CEO Dr. Steffen Pauls. Jüngling, a Ph.D. material scientist and physicist by training, currently oversees Moonfare’s R&D, finance, operations and compliance… Read More

October 23, 2023 @ 7:37 am By Omar Faridi  |  

Osborne Clarke has supported a new report published by Whitecap Consulting, which shows the FinTech sector in the South West includes more than 190 FinTech firms and contributes more than £1 billion to the regional economy annually. The new report is the result of a… Read More

October 22, 2023 @ 10:32 pm By Omar Faridi  |  

Tonik, the digital bank in the Philippines, is pleased to announce its newest strategic partnership with life insurance company Sun Life Grepa Financial, Inc.. This transformative collaboration aims “to enhance the financial well-being of the companies’ valued customers.” The focal point of this groundbreaking partnership… Read More

October 22, 2023 @ 2:58 pm By Omar Faridi  |  

Backbase, the global firm supporting Engagement Banking, announced that Atomic, a provider of consumer-enabled direct deposit switch technologies, will integrate its direct deposit and income and employment verification capabilities directly into Backbase’s Engagement Banking Platform. Through this partnership, financial institutions can “offer their customers the… Read More

October 22, 2023 @ 1:37 pm By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology solutions, will expand access to walk-in bill payment through a strategic relationship with Blackhawk Network (BHN), a global branded payments firm. Consumers who prefer the convenience of paying household bills, “including rent,… Read More

October 20, 2023 @ 9:22 pm By Omar Faridi  |  

In their pursuit to open up global avenues for local talent, the SadaPay team is pleased to announce an update to their freelancer account, SadaBiz. SadaPay users can now invoice their clients “using the world’s fastest-growing mobile wallet, Apple Pay.” Though Apple Pay hasn’t made… Read More

October 20, 2023 @ 7:11 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject “to regulatory approvals and customary closing… Read More

October 20, 2023 @ 5:54 pm By Omar Faridi  |  

Extend has announced the launch of AI-powered automatic receipt matching via its spend management platform. The new feature allows users “to email or upload receipt images into the Extend app, where those images are then automatically matched to their corresponding transactions.” Coupled with Extend’s receipt… Read More

October 20, 2023 @ 1:48 pm By Omar Faridi  |  

MX Technologies, Inc., an Open Finance service provider, announced it has named Jane Barratt as its Chief Advocacy Officer and Head of Global Public Policy. She brings more than 25 years of experience working “with financial institutions, technology and Fortune 500 companies, policymakers, and regulators,… Read More

October 20, 2023 @ 11:12 am By Omar Faridi  |  

Skipify, a fintech company, is announcing a strategic investment from Samsung Next, an investment group within Samsung Electronics. The investment signals Skipify’s commitment “to continue improving shopper purchasing experiences both online and in-stores.” Skipify’s Connected Wallet is a digital wallet “that connects Merchants, Shoppers, and… Read More

October 20, 2023 @ 5:44 am By Omar Faridi  |  

InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion “by enabling SMEs access to various forms of credit like invoice discounting, factoring, Buy Now Pay Later (BNPL), and supply chain… Read More

October 19, 2023 @ 10:05 pm By Omar Faridi  |  

Alloy, the identity risk management company, is expanding its credit underwriting capabilities to support banks, fintechs, and other builders of financial products in managing their holistic credit risk. In a challenging macro-environment, Alloy enables lenders to “make smarter credit decisions, capture default risk, and increase… Read More

October 19, 2023 @ 9:59 pm By Omar Faridi  |  

Nubank (NYSE:NU) is starting to test this week a new solution that applies generative artificial intelligence as a virtual assistant to further enhance customer service. In this initial stage, the AI solution will “focus on presenting personalized possibilities related to credit granting within the Nubank… Read More

October 19, 2023 @ 9:57 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with players across the ecosystem, including Worldpay from FIS, the merchant solutions business of global financial services technology provider FIS, and Zip, a buy now, pay later firm, “to scale new open banking-powered solutions that enable more payment choice, empower… Read More

October 19, 2023 @ 9:55 pm By Omar Faridi  |  

Flanks, an API for automated wealth services, has secured $ 8m in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital. Raffaele Terrone, Co-Founder of the Italian FinTech unicorn Scalapay, and Martin Kassing, Co-Founder… Read More

October 19, 2023 @ 9:48 pm By Omar Faridi  |  

Profile, a financial solutions provider, has announced the implementation of the Axia Custody solution at Liberum Wealth, in order “to advance and facilitate the management of their custody operations.” The solution enables the financial institution “to use advanced technology capabilities and significantly contributes to offering… Read More

October 19, 2023 @ 4:26 pm By Omar Faridi  |  

We recently connected with Justin Orgel from Marigold, a global MarTech that works with over 40,000 brands and organizations worldwide to help them identify and create strong relationships with their customers. The company offers industry-tailored MarTech and loyalty solutions that support the entire customer lifecycle… Read More

October 19, 2023 @ 11:04 am By Omar Faridi  |  

Analysis by PensionBee, an online pension provider, has found that putting a pay rise in a pension now can “lead to a bigger rise in annual retirement income later on.” Regular pay including bonuses in the UK “rose 8.5% in the year to July 2023,… Read More

October 19, 2023 @ 9:48 am By Omar Faridi  |  

UK Fintech TrueLayer has joined Stripe’s Payment Element for supporting Open Banking payments. UK’s TrueLayer has reportedly become the first European Open Banking payment solution to be added to Stripe’s Payment Element. This partnership allows Stripe merchants in the United Kingdom and the EU to… Read More

October 18, 2023 @ 11:44 pm By Omar Faridi  |  

Mintos is pleased to announce the launch of high-yield Fractional Bonds via their platform. This offering from Mintos opens up the world of corporate bonds to their investors, “making it accessible and easy for anyone to diversify their portfolio with bonds.” Historically, bonds, especially high-yield… Read More