Tagged: financial services

February 5, 2023 @ 10:37 pm By Omar Faridi  |  

Enfuce, the European card issuing and processing firm, has bolstered its management team with pivotal senior appointments as it gears up for further rapid expansion in 2023. The Finnish-based Cloud-native platform pioneer “has appointed Andy Patton as Chief Commercial Officer (CCO), Jessica Collingwood as Chief… Read More

February 5, 2023 @ 4:07 pm By Omar Faridi  |  

Finastra recently unveiled Finastra ALM IQ, a risk management solution available for banks from March 2023. The unique Cloud-based balance sheet management tool “enables small and medium-sized banks to make confident decisions in shorter timeframes, making them more competitive against larger financial institutions.” ALM IQ… Read More

February 3, 2023 @ 6:22 pm By Omar Faridi  |  

Commonwealth Bank is rolling out new features for its widely used banking apps “aimed at combating the plague of scammers ripping off Australians.” From late March, the app will “indicate whether the name and account details customers have entered are correct when they make payments… Read More

February 3, 2023 @ 8:28 am By Omar Faridi  |  

Revolut, the global financial super app with 25 million retail customers worldwide, is launching a new “unparalleled” membership plan, Ultra, to customers in the UK and Europe. The new top-tier plan, boasting “exceptional” perks, is “coming in spring 2023.” New and existing customers are encouraged… Read More

February 2, 2023 @ 8:44 pm By Omar Faridi  |  

Wade Arnold, founder and CEO at Moov, notes that when it started in Fintech, it wasn’t commonly called Fintech yet. They just called it financial services back then. In that previous life, he spent a lot of time connecting “to processors, and a lot of… Read More

February 1, 2023 @ 10:33 pm By Omar Faridi  |  

livi bank, Hong Kong’s “lifestyle-driven” virtual bank, is continuing its development with the pilot launch of its wealth management service, which “follows closely on livi’s launch of its first offering to Hong Kong’s SME business community.” livi is now able “to distribute funds managed by… Read More

February 1, 2023 @ 9:31 pm By Omar Faridi  |  

Paymentology, which claims to be the “first” global issuer-processor, announces the appointment of Nadia Benaissa as Global Head of Marketing, and member of its leadership team. Nadia is “a seasoned marketing expert with a passion for fintech, bringing with her more than 20 years’ experience… Read More

February 1, 2023 @ 5:01 pm By Omar Faridi  |  

Personetics, the global leader in financial data-driven customer engagement, released a report titled “Spotlight on North America: Banks and Credit Unions Need to Promote Customers’ Financial Well-Being.” The report, based “on a study conducted by Forrester Consulting on behalf of Personetics, details the opportunities and… Read More

February 1, 2023 @ 9:33 am By Omar Faridi  |  

ViewTrade, the force that powers fintech, announced extensive client growth over the course of 2022 as the firm continues to expand, “now serving financial services firms in 26 countries.” Culminating in the launch of a carrying broker services offering in December, 2022 was a year… Read More

February 1, 2023 @ 8:17 am By Omar Faridi  |  

The crypto-asset industry might have been struggling during the past year, however, global banking institution HSBC (NYSE: HSBC) is looking to enhance its expertise in the area, advertising for senior digital assets and tokenization professionals. The new roles, both at HSBC‘s Global Private Banking and… Read More

January 31, 2023 @ 10:47 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the licensing of two finance companies that are “specialized in debt-based crowdfunding, namely: Forus and Tameed.” The licenses were “granted to the companies after successful testing of their solutions in SAMA’s Regulatory Sandbox; an experimental environment dedicated to innovative… Read More

January 31, 2023 @ 8:09 am By Omar Faridi  |  

Large enterprises today are facing significant macroeconomic uncertainty across the world, according to an update from Paysend. Alexander Budyakov, Enterprise Business Executive, Paysend, notes that the fallout of the COVID-19 pandemic continues “to disrupt markets and supply chains whilst inflationary pressures and fluctuating currency markets… Read More

January 30, 2023 @ 11:27 pm By Omar Faridi  |  

Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai-headquartered company’s seed round was “led Raed Ventures by and saw participation from Wamda Capital, both of which are two of the most prominent names in the… Read More

January 30, 2023 @ 8:51 pm By Omar Faridi  |  

Commonwealth and JPMorgan Chase (NYSE:JPM) announced the next phase of their collaboration to address “the challenges and opportunities that emerging technologies present for advancing the financial lives of US workers earning low and moderate incomes, who are disproportionately Black, Latinx, and women-led households.” This project… Read More

January 30, 2023 @ 7:41 pm By Omar Faridi  |  

Juniper Research defines credit cards as a payment instrument which allows consumers as well as cardholders “to borrow money to pay for products and services, and make deferred payments for their purchases in exchange of monthly interest based on the amount owed.” As noted in… Read More

January 30, 2023 @ 12:03 pm By Omar Faridi  |  

Groceries, transportation, relationships, entertainment, and more are all now “available at the swipe of a smartphone,” the team at Inscribe notes in a blog post. Buyers have come “to not only enjoy — but expect — frictionless interactions that provide instant gratification.” Fast response times… Read More

January 30, 2023 @ 8:43 am By Omar Faridi  |  

January is a time of “reflection,” Bondora writes in a blog post while adding that they usually  look back at the history of investing via the European investment platform. According to Bondora, it is “no surprise that there’s always been one main driver behind everything… Read More

January 29, 2023 @ 3:27 pm By Omar Faridi  |  

John Wiseman recently joined Addepar as Chief Revenue Officer to lead the go-to-market (GTM) teams, “inclusive of Sales, Client Management, Services, Partnerships and Multi-Product Solutions.” The Addepar team sat down with him “to find out what drew him to Addepar and what motivates him.” Prior… Read More

January 28, 2023 @ 3:44 pm By Omar Faridi  |  

N26, a European digital bank, announced the appointment of Arnd Schwierholz as its new Chief Financial Officer. The experienced manager will “lead the company’s financial department moving forward.” Arnd Schwierholz reportedly “brings decades of experience in the technology industry and in financial management for publicly… Read More

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

Alviere, the embedded finance platform provider, is pleased to announce that Grupo Coppel, Mexico’s largest non-food retailer, has chosen Alviere “to enable the launch of Coppel Access, a mobile wallet that will provide millions of unbanked and underbanked consumers in the U.S. with easy access… Read More