Tagged: fintech adoption

October 30, 2022 @ 12:18 pm By Omar Faridi  |  

Stripe recently announced its general availability in Thailand, where its financial infrastructure platform will “help solve the complex payments issues facing Thai businesses.” Tee Chayakul, Thailand country director at Stripe, said: “Thailand’s digital economy is one of the fastest growing in Southeast Asia. However, moving… Read More

October 27, 2022 @ 11:03 pm By Omar Faridi  |  

Moven, a firm that enhances virtual banking experiences for banks, credit unions, and fintech, is teaming up with upSWOT, a Fintech platform that allows service providers to support the success of SMB clients with embedded finance tools. As a result of this collaboration, Moven can… Read More

October 27, 2022 @ 7:00 pm By Omar Faridi  |  

Wildfire Systems Inc., a Fintech platform that powers white-label reward programs and shopping companions, announced that it has secured a strategic investment from Citi Ventures. The funding will “support Wildfire’s technological innovation and continued ability to deploy new features that will drive rewarding online shopping… Read More

October 27, 2022 @ 6:15 pm By Omar Faridi  |  

First Pryority Bank, a member FDIC bank, and Teslar Software announced their partnership “to expedite and streamline processes across the bank’s loan department.” The Pryor Creek, Okla.-based bank has “grown substantially over the past three years and will leverage Teslar’s lending automation software to help… Read More

October 27, 2022 @ 10:57 am By Omar Faridi  |  

Only a few weeks after finalizing the sale of its terminal business to Apollo Funds for €2.3 billion, Worldline [Euronext: WLN] has now moved to acquire a 55% stake in SoftPos.eu, a Warsaw-headquartered Fintech platform that reportedy converts Android devices into secure payment terminals. The… Read More

October 26, 2022 @ 9:40 pm By Omar Faridi  |  

ConnexPay, which claims tobe the first and only payments technology company that integrates payments acceptance and issuance inside a single platform, announced a $110 million growth equity investment “led by FTV Capital, a sector-focused growth equity investor with more than two decades of experience in… Read More

October 26, 2022 @ 8:37 pm By Omar Faridi  |  

WireFX, a Minnesota based Fintech startup and Stearns Bank N.A., an independently-owned financial institution with locations in Minnesota, Florida and Arizona “announce their partnership to support fintech and payment companies with FDIC insured bank accounts.” WireFX will “utilize Stearns Bank’s sponsorship to offer domestic and… Read More

October 26, 2022 @ 7:56 am By Omar Faridi  |  

Fintech firm Wise (LSE:WISE) is reportedly planning to introduce its Assets investing service across Europe after acquiring an operational license in Estonia. Presently available in the United Kingdom, Assets allows clients to hold cash in their multi-currency accounts in various asset classes, while also being… Read More

October 26, 2022 @ 7:51 am By Omar Faridi  |  

Klarna Kosma, Klarna‘s financial technology platform for banks, Fintechs, and innovative retailers, announced that its partnership with Krea, a digital loans platform for Small and Medium-sized businesses (SMEs) in Sweden “has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower… Read More

October 24, 2022 @ 11:32 pm By Omar Faridi  |  

Danish Fintech startup, Ztlment, claims it is the “first” in Europe to gain a license that “lets it operate fully regulated payments on top of blockchain.” The company has “raised €1.3 million in pre-seed funding from venture funds specializing in fintech.” The startup’s smart contract… Read More

October 23, 2022 @ 11:47 pm By Omar Faridi  |  

Swiss Fintech startup vestr has structured an oversubscribed financing round, “combining a traditional equity investment with a non-dilutive component.” Led by Elevator Ventures, the venture capital arm of Vienna-based Raiffeisen Bank International (RBI), the investment round “combines the resources of high-profile family offices in Switzerland,… Read More

October 23, 2022 @ 12:33 pm By Omar Faridi  |  

Enfuce, the “pioneering” issuer processing platform, has announced the launch of its dynamic spend management tool Authorization Control, which “empowers companies of any size, in any sector, to set transaction and spending controls for any card in real time.” Combined with Enfuce’s turnkey Card as… Read More

October 22, 2022 @ 6:00 pm By Omar Faridi  |  

FT Partners Research recently announced the publication of their Q3 2022 Crypto & Capital Markets Tech Insights report, providing the review of global deal activity for the Crypto & Blockchain and Wealth & Capital Markets Tech sectors “with analysis across private company financings, IPOs, and… Read More

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 @ 9:07 pm By Omar Faridi  |  

Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, announced its FinTech Integration Center, which “provides banks with secure, seamless connections to leading FinTech applications.” With the FinTech Integration Center, bank customers “can interact in real time with their banks directly from within… Read More

October 20, 2022 @ 7:59 pm By Omar Faridi  |  

ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced its partnership with FinTech Automation, a financial technology company that allows fintechs and traditional financial institutions (FIs) to offer various embedded finance and banking-as-a-service products. Through the partnership, FinTech Automation will… Read More

October 20, 2022 @ 6:07 pm By Omar Faridi  |  

ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial clients, announced Manasquan Bank successfully deployed ZEscrow, the industry’s “first” completely digital commercial escrow solution, and ZRent, an automated rent and… 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 @ 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