Tagged: financial services

October 21, 2022 @ 6:01 pm By Omar Faridi  |  

Financial institutions, fintechs and enterprise businesses can transform their card programs by empowering cardholders with new programmable payments capabilities from Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, and IncumbentFI, a provider of processing services that streamline collaboration between… Read More

October 20, 2022 @ 10:17 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN), which claims to be one of the largest banks in the world with over 157 million customers, and Forgepoint Capital, one of the “leading” venture capital firms focused on cybersecurity, announced a strategic alliance “to drive cybersecurity investment and innovation globally.”… Read More

October 20, 2022 @ 7:57 pm By Omar Faridi  |  

American Express (NYSE: AXP) and Cvent (Nasdaq: CVT), a meetings, events, and hospitality technology provider, introduced enhanced features to the Cvent Event Marketing & Management platform that “further expand virtual payment capabilities, leveraging American Express’ integrated budget management and payment automation solutions.” The enhanced features… Read More

October 20, 2022 @ 5:05 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the introduction of PayPal Rewards, a new unified rewards program that gives customers “an easy way to shop, earn, track, save, and redeem rewards and offers all in one place – their PayPal app.” PayPal Rewards “connects PayPal’s merchant… Read More

October 20, 2022 @ 3:30 pm By Omar Faridi  |  

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), announced it is giving Secure Banking customers more flexibility “over how they manage their money by providing access to direct deposits up to two days early.” Beginning this month, Secure… Read More

October 20, 2022 @ 12:09 pm By Omar Faridi  |  

Lloyds Banking Group has introduced Innovation Sandbox in order “to accelerate its collaboration with Fintechs and improve the digital products and services it offers to customers.” Innovation Sandbox will reportedly “help the Group bring a variety of Fintech opportunities through the design and test cycle… Read More

October 19, 2022 @ 11:47 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), which claims to be the United Kingdom’s largest lending platform for small business borrowers, announced the appointment of Greig McEwan as Chief Technology Officer. Greig joins Funding Circle’s Global Leadership Team, “reporting to CEO, Lisa Jacobs.” Greig is “a customer-driven technology leader… Read More

October 19, 2022 @ 9:53 pm By Omar Faridi  |  

NAB has launched tap on phone payment technology “for small businesses in a first for a major Australian bank.” The NAB Easy Tap app is described as “an innovative solution that allows small businesses to accept contactless payments when customers tap their card1 or phone… Read More

October 19, 2022 @ 4:27 pm By Omar Faridi  |  

San Francisco-based financial technology firm, Cardless, Inc., and Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations in the United States, have “agreed to launch the Simon® American Express® Credit Card from Cardless.” Once launched, Cardmembers… Read More

October 19, 2022 @ 3:43 pm By Omar Faridi  |  

FIS (NYSE:FIS), which claims to be a global leader in financial services technology, announced today the appointment of Stephanie L. Ferris “as President and Chief Executive Officer.” In addition to her current role as President, Ferris will “take over as CEO from Gary A. Norcross, who… Read More

October 19, 2022 @ 12:41 pm By Omar Faridi  |  

GoCardless, which claims to be a global leader in direct bank payments, has signed Crowdz, the small and mid-sized enterprise (SME) finance platform, “as its latest customer as the company looks to integrate open banking to enhance its ability to drive equitable access to finance… Read More

October 18, 2022 @ 11:31 pm By Omar Faridi  |  

UK-headquartered payments Fintech, allpay Limited, have teamed up with Salt Edge, a key player in Open Banking services, to enable businesses to offer customers, including people with vulnerable financial situations, a convenient payment experience, being a part of the larger financial inclusion initiative of the… Read More

October 18, 2022 @ 11:17 pm By Omar Faridi  |  

Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, “successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company,… Read More

October 18, 2022 @ 10:30 pm By Omar Faridi  |  

HR and payroll services provider, SD Worx, is committed to making additional investments in people-based Fintech services for its clients by working with Modulr, the embedded payments platform that supports quicker payroll payments. Traditional Bacs payments for payroll usually take around three business days to… Read More

October 18, 2022 @ 3:20 pm By Omar Faridi  |  

Backbase’s entrepreneurial culture is driving organic growth across the world, in terms of revenue and customers, as the company’s mission “to re-architect banking around the customer through Engagement Banking is gaining global traction.” That culture, growth and mission were externally “validated by the €120 million… Read More

October 18, 2022 @ 7:22 am By Omar Faridi  |  

EY reveals that it has further expanded its tech ecosystem with the introduction of a business transformation platform, EY Nexus, which is enhanced for financial services and developed for quick deployment of new products and solutions. The introduction of EY Nexus marks a key milestone,… Read More

October 17, 2022 @ 10:57 pm By Omar Faridi  |  

Financial institutions are spending millions of dollars every year inefficiently onboarding and maintaining clients, according to research from Fenergo, the provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions. A global study of over 1,000 C-level executives across… Read More

October 17, 2022 @ 10:21 pm By Omar Faridi  |  

Just in time for seasonal holiday hiring, DailyPay, the provider of on-demand pay, announced the launch of a new function within its platform. With hourly shift workers in mind, the new ‘Shifts Worked’ tab “helps users understand how much they’ve earned for each individual shift,… Read More

October 17, 2022 @ 9:12 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced that Ms. Gillian Tan will be appointed Chief Sustainability Officer “from 17 October 2022, in addition to her current role as Assistant Managing Director (Development & International).” MAS’ current Chief Sustainability Officer, Dr. Darian McBain, will “leave MAS… Read More

October 17, 2022 @ 6:23 pm By Omar Faridi  |  

Wealth management service provider Addepar has highlighted an important evolution for Addepar’s Salesforce integration, announced updates to their analysis tool, shared the latest investor sentiment derived from U.S. equity captured on the Addepar platform, and also provided additional resources for navigating the current market conditions…. Read More