Tagged: financial services

June 3, 2023 @ 6:16 pm By Omar Faridi  |  

Tandem, the UK’s “greener” bank, reports that it “delivers full year profitability for first time in the bank’s history after 12 months of strong growth.” Tandem Bank says it is “further cementing its position as one of the nation’s go-to banks for those looking to… Read More

June 3, 2023 @ 1:11 pm By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, announced significant momentum and growth of two of its products — Empower, Brex’s spend management platform, and Brex business accounts — which “have each achieved $100M in ARR.” In the year since its… Read More

June 3, 2023 @ 12:48 pm By Omar Faridi  |  

Global Wealthtech company GBST has appointed Simon Clare as Head of Product Innovation. In this newly created global role, Simon will “take responsibility for GBST’s innovation program, leading the charge in defining and shaping the company’s visionary strategy including its flagship Composer wealth administration platform,… Read More

June 3, 2023 @ 11:11 am By Omar Faridi  |  

Kasisto, creators of KAI, the digital experience platform for the financial services industry, announced the launch of KAI-GPT, the world’s first banking-specific large language model (LLM), designed to address the industry’s unique needs for accuracy, transparency, trustworthiness and customization. Powered by KAI-GPT, KAI Answers is… Read More

June 2, 2023 @ 3:22 pm By Omar Faridi  |  

Tink, Europe’s open banking platform, and ecolytiq, a climate engagement solution, are collaborating to incorporate financial and sustainability-focused coaching into a seamless experience. By combining the power of money management tools with climate education tools,  Tink will make it possible “for new and existing customers… Read More

June 2, 2023 @ 9:39 am By Omar Faridi  |  

Revolut, the global financial super app, has reportedly surpassed 30 million retail customers worldwide, and is now “processing over 400 million transactions a month.” While these figures are significant, Revolut has been unable to secure a banking license in the UK (where its headquarters are… Read More

June 2, 2023 @ 9:06 am By Omar Faridi  |  

White Clay, a company that helps community and regional financial institutions improve relationships and increase revenue, announced the launch of its Treasury Management Pricing and Profitability solution. Determining the pricing and profitability of treasury management relationships can often be manual and cumbersome, “requiring bankers to… Read More

June 2, 2023 @ 8:37 am By Omar Faridi  |  

FintechOS, the fintech enablement platform, announced a series of accomplishments from 2022 to the present, illustrating its momentum and leadership in the new industry category of fintech enablement. The accomplishments illustrating the momentum of FintechOS, and the interest of financial institutions in “modernizing and innovating… Read More

June 1, 2023 @ 11:13 pm By Omar Faridi  |  

Mesh Payments announced the expansion of its unified spend management platform to support global multinational businesses operating in Europe, UK, and Asia in local currencies. Mesh now enables companies “to operate globally across international entities, issue local cards and settle in local currencies all from… Read More

June 1, 2023 @ 3:44 pm By Omar Faridi  |  

Bankjoy, a digital banking provider, has launched Business Banking 2.0, which features new product and service enhancements designed to help banks and credit unions better serve businesses across their local communities. Bankjoy announced “the launch of Business Banking 2.0 at Corelation’s 12th Annual Client Conference… Read More

May 31, 2023 @ 9:45 pm By Omar Faridi  |  

GMO Aozora Net Bank, Ltd. becomes the first bank partner in Japan with Wise Platform, bringing fast, low-cost international payments to more than 80,000 corporate customers The team at Wise says they’re announcing their first Wise Platform bank partnership in Japan with GMO Aozora Net… Read More

May 31, 2023 @ 7:08 pm By Omar Faridi  |  

NameCheck anti-fraud technology to be offered to government, financial services firms as CommBiz customers get use of new service from now. Commonwealth Bank plans to offer its NameCheck anti-scams technology “to government organizations and other financial service companies that process payments in Australia as part… Read More

May 31, 2023 @ 12:27 pm By Omar Faridi  |  

Next Capital has partnered with Mambu to launch a new suite of lending products in just four months. Leading Thai technology-driven auto leasing company Next Capital Public Company (Next Capital) has partnered with Mambu, “launching a new suite of lending products on Mambu’s SaaS cloud-native… Read More

May 31, 2023 @ 10:59 am By Omar Faridi  |  

ZA Bank, Hong Kong’s virtual bank, unveiled its plan to introduce virtual asset trading services for retail investors. With this move, ZA Bank is set “to support the Hong Kong SAR government’s vision to develop a vibrant sector and ecosystem for virtual assets.” ZA Bank’s… Read More

May 31, 2023 @ 8:55 am By Omar Faridi  |  

Daffy.org, the modern platform and community for charitable giving, today announces the launch of its open APIs designed to make it easier to bring giving into every financial budgeting app, investing app, e-commerce site, and marketplace. By integrating Daffy into their applications and services, companies… Read More

May 30, 2023 @ 10:47 pm By Omar Faridi  |  

Assetz Capital continues its strategic expansion, by appointing David Allanson to its Board as a Non-Exec Director. Following a 30 year+ career in commercial lending, latterly as Regional MD, Lloyds Corporate Banking, David has for the last 6 years “taken up several non-executive/board advisory roles,… Read More

May 30, 2023 @ 8:57 am By Omar Faridi  |  

Polymesh, which claims to be the leader in public-permissioned blockchain, announced today its integration into the ecosystem of NayaOne, a digital transformation platform for the financial services industry. This integration provides opportunities “for financial institutions to effectively and efficiently leverage the benefits of blockchain technology… Read More

May 30, 2023 @ 8:53 am By Omar Faridi  |  

Mintos have shared the latest updates on what their platform developers have been working. Mintos reveals recent improvements, feature developments, and “share the innovative solutions powering their platform.” This month, Mintos reportedly spoke to one of their engineers, Artis, a full-stack developer who started at… Read More

May 29, 2023 @ 10:36 pm By Omar Faridi  |  

Dave Inc. (NASDAQ: DAVE), which claims to be one of the nation’s leading neobanks, announced that its members “have collectively earned more than $1 million through its new Side Hustle feature, Surveys.” Dave launched Surveys in December 2022 “through an exclusive partnership with survey monetization… Read More

May 29, 2023 @ 10:48 am By Omar Faridi  |  

Instant Cash, a company within the FINTX portfolio, the fintech arm of Emirates Post Group, has received the Retail Payment Services and Card Scheme Regulation (RPSCS) Category 2 License from the Central Bank of the UAE (CBUAE). This reportedly makes it “the first Money Transfer… Read More