Tagged: financial services

April 26, 2023 @ 8:34 am By Omar Faridi  |  

IXOPAY, an independent payment orchestration provider, and EBANX, a Fintech company that specializes in international payments in rising markets, have announced a partnership. Together the partners will “focus on providing access to local payment solutions for global brands and offering local payment methods to consumers,… Read More

April 25, 2023 @ 10:45 pm By Omar Faridi  |  

An American Express (NYSE: AXP) survey of 1,100 U.S. small businesses shows that smaller firms are seeking consolidated cash flow management tools “to foster greater efficiency, profitability, and business growth.” Brett Sussman, Vice President Head of Sales & Marketing, American Express Business Blueprint & Banking,… Read More

April 25, 2023 @ 10:13 pm By Omar Faridi  |  

Backbase has reportedly been certified as carbon neutral according to The CarbonNeutral Protocol, the global framework for carbon neutrality. Working with Climate Impact Partners, specialists in carbon market solutions for climate action, Backbase claims it “has offset its independently verified 2022 carbon emissions of 7,029… Read More

April 25, 2023 @ 8:19 pm By Omar Faridi  |  

Maybank & Maybank Islamic have launched the You Save & Pledge, We Donate #ForYou campaign, which is described as “a unique, first-of-its-kind savings campaign that offers customers both the opportunity to win cash prizes as well as a chance to donate to charitable organizations.” This… Read More

April 25, 2023 @ 8:35 am By Omar Faridi  |  

DivideBuy has released the results of a new consumer insights survey, “showing that 38% of UK consumers will make more use of interest free credit options to manage their finances in the next 12 months.” The Fintech is “Lendtech point of sale (POS) finance firm.”… Read More

April 24, 2023 @ 9:49 pm By Omar Faridi  |  

According to figures certified by the China Environmental United Certification Center (CEC), Ant Group has once again “achieved operational carbon neutrality (Scope 1 & 2) for the second consecutive year, following the company’s initial achievement in 2021.” This marks another concrete step for Ant Group… Read More

April 24, 2023 @ 6:57 pm By Omar Faridi  |  

In a move that should help lenders make better, more informed decisions on credit applications submitted using blockchain technology, TransUnion (NYSE: TRU) has partnered with Spring Labs and Quadrata in order “to deliver off-chain credit scoring to DeFi and Web3 applications (internet applications based on… Read More

April 24, 2023 @ 6:47 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces NuPay – which is described as “the exclusive online payment service for Nubank customers – as the newest payment method on iFood, a Brazilian technology company.” As of… Read More

April 24, 2023 @ 6:37 pm By Omar Faridi  |  

Life insurer Prudential Singapore announced the official launch of Prudential Financial Advisers (PFA), its financial advisory arm. With PFA, Prudential now “offers a wider range of insurance products including general insurance and wealth solutions.” This is in addition “to Prudential’s core solutions in whole and… Read More

April 24, 2023 @ 8:33 am By Omar Faridi  |  

The team Klarpay recently shared what they have achieved so far in Q1 2023. During the first quarter of 2023, Klarpay AG announced it “achieved profitability in its first year of operations, despite the challenging economic conditions of the global markets.” The company claims it… Read More

April 23, 2023 @ 9:20 pm By Omar Faridi  |  

Wealthtech firm Addepar has shared their monthly update of activity on their platform along with research insights and client, partner and company developments. Addepar is introducing a visualized ownership structure along with a Global Security Master Entity Name attribute that “enables users to see total… Read More

April 22, 2023 @ 3:56 pm By Omar Faridi  |  

Feedzai, which claims to be the world’s first RiskOps platform for financial risk management, has released its latest report – The Human Impact of Fraud and Financial Crime on Customer Trust in Banks. The report, “based on research of 4,000 consumers in the UK and… Read More

April 22, 2023 @ 11:27 am By Omar Faridi  |  

Airbase, the modern spend management software provider, has announced the launch of Guided Procurement. Airbase claims it is “the first spend management solution to automate the intake process for purchasing.” It meets “the needs of multiple stakeholders like procurement, finance, IT, security, and legal while… Read More

April 22, 2023 @ 11:27 am By Omar Faridi  |  

Vesey Ventures, an early stage venture firm that invests in companies transforming financial services, announced the close of its debut fund totaling $78 million. Vesey Ventures was “founded by three former Managing Directors at AMEX Ventures, Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, and will… Read More

April 22, 2023 @ 11:26 am By Omar Faridi  |  

Revolut, a digital bank that reports over 27 million retail customers worldwide, has announced a successful finalization of “a direct connection to Single Euro Payments Area (SEPA) financial network.” By joining more than 3000 financial institutions including the world’s biggest banks already participating in SEPA,… Read More

April 21, 2023 @ 3:19 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, recently announced that it has appointed Spiros Theodossiou as Chief Product Officer (CPO). An industry figure “with over 20 years of experience, Spiros previously served as CPO at cloud accounting platform DEXT.” Before… Read More

April 21, 2023 @ 3:16 pm By Omar Faridi  |  

Iress has announced changes “to its operating structure and senior leadership teams following a strategic review of its business.” The change forms “part of the steps the company is taking to strengthen its position in all markets, drive innovation and help the industry tackle the… Read More

April 21, 2023 @ 11:07 am By Omar Faridi  |  

FT Partners Research publishes their Q1 2023 FinTech Insights report, providing a comprehensive review of global Fintech deal activity “with analysis across private company financings, IPOs, and M&A transactions.” While still feeling the prolonged impact from high inflation and rising interest rates, turbulence in the… Read More

April 21, 2023 @ 8:20 am By Omar Faridi  |  

Airwallex announced the launch of its global payments services in Canada. The launch will empower Canadian businesses “to tap into Airwallex’s global payments and financial platform, offering a faster, more cost-effective and transparent alternative to the traditional banking platform.” Businesses in Canada can now “access… Read More

April 20, 2023 @ 10:32 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for major businesses, launches its Unified Commerce solution in Malaysia to help businesses flexibly meet ever-evolving consumer expectations. Powered by Adyen’s single platform, Unified Commerce gives businesses end-to-end control of transactions across sales channels (online,… Read More