Tagged: financial services

Saudi Central Bank Issues Payment Licenses to Arab Sea Financial Company, Fatoraah

The Saudi Central Bank (SAMA) announces the licensing of two payment financial technology companies, including: Arab Sea Financial Company and Fatoraah in order to provide Payment services for e-commerce. This brings the total number of payment companies licensed by SAMA “to 21 companies, in addition… Read More

BIS, HKMA to Consider Using DeFi Tools to Enhance SME Financing

The BIS Innovation Hub’s Hong Kong Centre and the Hong Kong Monetary Authority have introduced Project Dynamo, which aims “to deliver a prototype for the compliant use of decentralized finance (DeFi) tools, such as blockchain and smart contracts, to improve access to finance for unfunded… Read More

Vivian Health Announces Agreement with Lume, a Banking Platform

Vivian Health, an IAC (NASDAQ: IAC) company and the leading healthcare jobs marketplace serving healthcare professionals first, announced an agreement with Lume, a banking platform for healthcare workers, which “allows Vivian to leverage Lume’s technology to create new banking and financial services for the more… Read More

Reltime, Triskel Capital Form Web3, Metaverse Partnership in Latin America

Reltime AS, which claims to be “disruptive” global Web3 and Metaverse financial technology company, and Triskel Capital Ltd. have entered into a long-term strategic partnership “to change the way people and businesses in Latin America financially interact and transact.” Together with Reltime as its “next-generation”… Read More

Maxio Introduces Unified Financial Operations Platform for SaaS Firms

Maxio, the provider of billing and revenue management solutions for high growth software-as-a-service (SaaS) businesses, announced that it will unveil its integrated financial operations offering at SaaStr 2022, which is described as “the world’s #1 cloud gathering.” Maxio’s new solution “provides a single point of… Read More

Tower Hill Insurance Adds ClaimsPay to Complete “All-Inclusive” Payments Digitization with One Inc

One Inc, the digital payments network for the insurance industry, announced that Florida-based property insurer Tower Hill Insurance Group has selected One Inc’s outbound payment solution, ClaimsPay, “to streamline and improve digital payments processing for its customers.” The implementation of ClaimsPay will “enhance the outbound… Read More

Atomic, Hydrogen to Help Workers Tackle Financial Stress with Personal Finance Platform

Atomic, the provider of payroll connectivity is announcing today its partnership with Hydrogen, a Fintech platform that “enables businesses to quickly launch white label debit cards with no coding and one, all-inclusive platform.” By partnering with Atomic, Hydrogen “enables organizations to seamlessly integrate payroll connectivity… Read More

Wealthtech Firm InvestSuite Finalizes €6M Series A

InvestSuite, an international B2B InvestTech/WealthTech company, announced the completion of a €6 million Series A investment round, “bringing the total raised to €15 million since inception.” InvestSuite reportedly “welcomes two new strategic investors: the Cronos Group and OSOM Finance, next to existing investor PMV.” Since… Read More

Tamas Kadar: CEO at SEON Comments on Fraud in the Metaverse, Latest NFT, Fintech Trends

We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More

Brazil’s C6 Bank Introduces Carbon, a New Financial Service for High-Income Clients

After reaching the milestone of 20 million accounts opened, Brazil’s C6 Bank has introduced  an “exclusive” service aimed at the high-income segment. Called Carbon, the new service is free of charge and has a new proposal at the bank: the Carbon Partner, a specialized executive… Read More

Investment Platform Lightyear Launches in 19 European Nations

Martin Sokk notes that being European, his co-founder Mihkel and him had a front row seat to “how difficult and expensive investing in global markets was.” Martin added that you “have the big banks and professional platforms — but then you’re faced with confusing interfaces… Read More

Singapore: MAS Releases Financial Services Industry Transformation Map 2025

Lawrence Wong, Deputy Prime Minister and Minster for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, launched the Financial Services Industry Transformation Map (ITM) 2025. The ITM 2025 lays out the growth strategies “to further develop Singapore as a leading international financial centre in… Read More

Ratio Emerges From Stealth, Acquires $411M to Streamline B2B SaaS Payments

Ratio, a new kind of fintech platform that combines payments, predictive pricing, financing, and a frictionless quote to cash process into one platform for SaaS and technology companies, emerged from stealth and “announced raising $11M in venture funding and a $400M credit facility for customer… Read More

Central Bank of Egypt Selects Acumen.plus, the Treasury Platform for Compliance, Automation

Profile Software, which claims to be a leading financial solutions provider, has announced that the Central Bank of Egypt (CBE) has selected Acumen.plus, the internationally implemented Treasury Management System, “to effectively manage and streamline their operations whilst experiencing compliance and powerful reporting for reserve and… Read More

Fintech Power, which Aims to Enhance Global Commerce, Secures $16.1M in Funding

Power, a Fintech startup with plans to “reshape” global commerce, has reportedy early progress as they emerge from stealth. The company was founded “to build modern financial infrastructure and started by launching a full-stack credit card issuance platform.” As enterprises across consumer, commercial, and banking… Read More

Fintech PayQuicker Introduces Payouts OS, a Global Payouts-as-a-Service Platform

PayQuicker, an financial technology platform focused on the global payouts market, announces the launch of Payouts OS. Payouts OS packages PayQuicker’s trusted, “time-tested” technology into “a first in-market payouts-as-a-service platform that meets the needs of gig economy workers and small to medium-sized businesses across a… Read More

Real-Time Payments: TD Bank Business Clients Can Pay Workers in Real Time

TD Bank, which claims to be America’s Most Convenient Bank, announced the launch of a collaboration with DailyPay, a fintech with an innovative on-demand pay solution. This capability “enables clients to give employees real-time access to earned pay prior to a scheduled payday.” Paul Margarites,… Read More

FTFT’s Future FinTech Labs Partners with Currencycloud

Future FinTech Group Inc. (NASDAQ: FTFT), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs, a wholly subsidiary of the company, has teamed up with Currency Cloud Inc., a subsidiary of Visa and a global payment platform that is registered… Read More

KlariVis, an Analytics Solution Provider for Financial Services Sector, Teams Up with First Farmers Bank & Trust

KlariVis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, announced its new relationship with its first Indiana-based institution, First Farmers Bank & Trust, as “a key data partner for the bank’s future.” KlariVis explains that it “compiles and aggregates high-value, actionable… Read More

FIS Introduces Worldpay for Platforms, Enabling Software Providers to Enhance SMB Commerce Experiences

Financial technology provider FIS (NYSE: FIS) announced that it is streamlining the way small-to-medium-sized businesses (SMBs) gain access to embedded payments and finance solutions “through software providers with the launch of Worldpay for Platforms.” This new software-as-a-service (SaaS) solution “combines the power of the global… Read More

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