Tagged: financial services

April 3, 2023 @ 5:27 pm By Omar Faridi  |  

CAIS, the alternative investment platform, announced a modernized brand refresh to reflect CAIS’ leadership role in transforming the world of alternative investing as we enter a “New Era of Access.” With financial advisors and alternative asset managers engaging at unprecedented levels, this “New Era of… Read More

April 3, 2023 @ 10:52 am By Omar Faridi  |  

ING Bank N.V. has partnered with Salt Edge, which claims to be a pioneer in providing open banking solutions, “for leveraging the widest international bank connectivity and thus, unlocking a whole new range of open banking use cases for SME segments from various industries, corporate,… Read More

April 3, 2023 @ 8:30 am By Omar Faridi  |  

A report published by the World Economic Forum (WEF) explores how technology-driven risks originating in financial services sectors “could become systemic threats to the global financial system.” Pushing Through Undercurrents, developed in collaboration with Deloitte, “examines how different forces influence the way tech-driven risks spread and… Read More

April 3, 2023 @ 7:55 am By Omar Faridi  |  

Seven years ago, Jason Lee and Rob Law founded DailyPay with a mission to enable employees to access their pay on their own schedule. Their vision was “to empower frontline workers to better themselves financially by controlling the timing of their pay.” Today, DailyPay partners… Read More

April 3, 2023 @ 12:39 am By Omar Faridi  |  

Confluent Co-Founder and Board Member Neha Narkhede and former Meta engineering executive Sachin Kulkarni announced the launch of their newest company, Oscilar, with the goal of “solving one of the biggest challenges facing businesses and consumers: how to protect online transactions from fraud and theft.”… Read More

April 2, 2023 @ 11:08 am By Omar Faridi  |  

Greenlight Financial Technology, Inc., the fintech company on a mission to help parents raise financially-smart, independent kids, announced Greenlight for Banks, a family banking solution designed for banks and credit unions. With Greenlight for Banks, financial institutions can now easily “add Greenlight’s family finance app,… Read More

April 2, 2023 @ 6:18 am By Omar Faridi  |  

NdcTech, a technology services firm transforming banks and financial institutions globally has successfully modernized the core banking system of Samba Bank onto the latest release of Temenos Transact. Samba Bank Limited is “a subsidiary of Saudi National Bank (SNB) KSA in Pakistan, offering personal and… Read More

April 1, 2023 @ 3:06 pm By Omar Faridi  |  

QC Ware and JPMorgan Chase (NYSE:JPM) have completed a study of quantum “deep hedging,” paving the way “for future increased risk mitigation capabilities in financial services.” In a new paper released on March 30th, 2023, JPMorgan Chase and QC Ware examined two questions “on how… Read More

April 1, 2023 @ 1:27 pm By Omar Faridi  |  

Regpack, a software leader that enables quick and simple automation of billing and other business processes, announced a partnership with Stripe, a financial infrastructure platform for businesses. With Stripe, Regpack will “enable its customers to expand services and receive payments in Euros, Yen and the… Read More

April 1, 2023 @ 12:37 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with FinClusive, a global Compliance-as-a-Service (CaaS) infrastructure provider for financial services, “to provide account and payment services to advance secure and compliant access to the financially underserved.” Gilles Gade,… Read More

April 1, 2023 @ 11:48 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, released its first Consumer Pulse Report. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, “conducted on its behalf by Propeller Research, the report details the effects… Read More

April 1, 2023 @ 3:17 am By Omar Faridi  |  

Rocket Companies, Inc. (NYSE: RKT), a Detroit-based fintech platform company consisting of tech-driven financial businesses – including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money – unveiled the Rocket Visa Signature Card, the first credit card created “to make homebuying easier and more accessible… Read More

March 31, 2023 @ 6:16 pm By Omar Faridi  |  

Neo Financial is announcing the launch of the Neo Money card, expanding on the benefits of the high-interest Neo Money account with credit-like rewards when you spend. In 2022, Canadians “saw the largest increase in inflation since 1982 resulting in almost half (44%) of Canadians… Read More

March 30, 2023 @ 10:58 pm By Omar Faridi  |  

Kyriba, a global firm focused on cloud-based finance solutions, and U.S. Bank announced that they are working together “to ease the process of enabling real-time payments for businesses.” With new API-powered payment connectors, clients of both U.S. Bank and Kyriba can now easily “send instant… Read More

March 30, 2023 @ 9:35 pm By Omar Faridi  |  

Paymentology, the global issuer-processor, has joined forces with Wio Bank PJSC, the region’s first platform bank, “to power its innovative banking model with customer-centric card payment services.” Wio Bank PJSC is leveraging Paymentology’s in-cloud card issuing platform and data analytics capabilities “to launch financial products… Read More

March 30, 2023 @ 12:36 pm By Omar Faridi  |  

Bitso, the cryptocurrency-powered financial services company in Latin America, surpassed more than $3.3 billion in transactions between the United States and Mexico in 2022 through its Crypto 4 Business service, “mainly used by remittance and payment processors.” This volume is triple the amount “processed by… Read More

March 29, 2023 @ 10:25 pm By Omar Faridi  |  

HDFC Bank Ltd has appointed Backbase in order “to deliver their vision for a market-leading digital banking experience in India.” Backbase powers HDFC Bank’s retail banking, “enabling a more seamless customer experience across digital touchpoints in response to changing consumer expectations and new regulatory requirements.”… Read More

March 29, 2023 @ 9:57 pm By Omar Faridi  |  

New Zealand-headquartered green fintech firm Cogo conducted a survey to uncover Japanese customer attitudes towards banks and financial apps “helping them drive sustainable lifestyles.” Administered in collaboration with strategic design and sustainability consultancy Fabric, the survey “engaged 1,966 participants who use banking and financial apps… Read More

March 29, 2023 @ 7:10 pm By Omar Faridi  |  

SMEs are at the heart of our economy and financial institutions need to do more to help them. It has been found that they play a central role in financial inclusion, representing around 90% of businesses globally and more than 50% of employment worldwide, according… Read More

March 29, 2023 @ 10:47 am By Omar Faridi  |  

Onbe, a disbursements financial technology company, announces the launch of Send to Wallet. An “early to market” offering, Send to Wallet, gives users the ability “to add their virtual card quickly, simply, and securely to their preferred mobile wallet, from a web browser, without downloading… Read More