Tagged: fintech trends

October 28, 2023 @ 11:22 am By Omar Faridi  |  

Pathward, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, announced the expansion of its partnership with TabaPay, a money movement platform for merchants and leading fintech brands. The firms first announced partnering in 2020 and “the deeper alliance provides… Read More

October 28, 2023 @ 10:27 am By Omar Faridi  |  

The Fintech Open Source Foundation (FINOS), the foundation of open innovation in financial services and part of The Linux Foundation, announced that FINOS Common Cloud Controls (FINOS CCC), “a set of open standards that describes consistent controls for compliant cloud deployments in the financial services… Read More

October 27, 2023 @ 10:53 pm By Omar Faridi  |  

Financial super app Curve, which consolidates all your debit and credit cards into one card and app, has just launched its first ever credit card in the UK. The new Curve credit card “has all the bells and whistles of Curve, supercharged with greater security… Read More

October 27, 2023 @ 6:02 pm By Omar Faridi  |  

Thunes, the global B2B payment infrastructure platform, and China Construction Bank (CCB), a commercial bank in China, have announced partnership to collaborate on cross-border payments. With the new relationship, Thunes will support the bank “to enable international payment acceptance for Chinese small to medium-sized businesses… Read More

October 27, 2023 @ 12:12 pm By Omar Faridi  |  

The Fitch index has reportedly given CaixaBank an ESG Entity Rating score of 2. This initiative in the sector is geared towards providing information and advisory services to foster the implementation of sustainability in companies and “support them in processes such as decarbonization and environmental… Read More

October 27, 2023 @ 7:56 am By Omar Faridi  |  

The team at Kota are pleased to share that we have raised a €5M Seed round led by our new partners, EQT Ventures, with participation from early partners Northzone and Frontline Ventures, “as well as some incredible new angels including Job van der Voort of… Read More

October 26, 2023 @ 11:10 pm By Omar Faridi  |  

UK’s “greener” digital bank Tandem has committed to a new office in London, “reconfirming its commitment to the UK’s fintech capital.” The new site, located in 10 Bloomsbury Way, London WC1A 2SL “offers an excellent location with facilities and infrastructure, enabling Tandem to add yet… Read More

October 25, 2023 @ 10:00 pm By Omar Faridi  |  

Thought Machine, the cloud-native banking technology company, announces it has partnered with Form3, the cloud-native account-to-account platform, to add FedNow, TCH RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s payment platform, Vault Payments. This partnership brings together two payment solutions, “offering banks and… Read More

October 25, 2023 @ 9:56 pm By Omar Faridi  |  

Tuum, a core banking provider, and Plumery, the digital banking platform, confirmed a  partnership that introduces a pre-integrated headless front-end, “with a microservices based core banking solution, tailored for ambitious technology-led businesses that require the flexibility of a highly modular architecture.” With a vision to… Read More

October 25, 2023 @ 9:57 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, announced a new global survey that revealed surging demand for cloud-based financial services “with more than 80 per cent of SMBs looking to switch away from traditional banks for their payment needs.” The report, jointly… Read More

October 25, 2023 @ 8:14 am By Omar Faridi  |  

A challenging macroeconomic environment is prompting businesses worldwide to cut their supplier list, “with payment service providers (PSPs) in the crosshairs.” Two-thirds (66%) of businesses in a five-market survey “across the US, UK, and Eurozone say they are looking to consolidate the number of PSPs… Read More

October 24, 2023 @ 10:07 pm By Omar Faridi  |  

Ingenico, the payment acceptance solutions provider, joins forces with Jifiti, the Fintech focused on white-labeled embedded lending, in a new  alliance. This partnership empowers merchants to “offer financing options, provided by accredited financial institutions and enabled by Jifiti, through Ingenico’s innovative cloud-based Payments Platform as… Read More

October 24, 2023 @ 9:59 pm By Omar Faridi  |  

Greenlight Financial Technology, Inc., the fintech company on a mission to help parents raise financially smart kids, announced that it has formed a Credit Union Service Organization, Greenlight Financial CUSO, in order “to better serve and support credit unions, their members, and families nationwide.” Through… Read More

October 24, 2023 @ 5:33 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, announces a new curation of exclusive benefits for its Ultravioleta customers. In addition to the black credit card offering 1% cashback, users will have access to constantly evolving solutions, “focused… Read More

October 24, 2023 @ 5:13 pm By Omar Faridi  |  

Highnote announces the expansion of their debit, prepaid, and fleet issuing card platform to power consumer credit card products. Designed and developed by Highnote’s payments veterans, the expanded platform offers a comprehensive range of credit capabilities – “from technology that facilitates underwriting, repayment and loan… Read More

October 24, 2023 @ 10:45 am By Omar Faridi  |  

Revolut, the financial super app with more than 35 million customers worldwide, added stocks of 70+ European-listed companies to its investment offering across the European Economic Area (EEA). Investment services in the EEA are “provided by Revolut Securities Europe UAB.” With Revolut, investments in European-listed… Read More

October 24, 2023 @ 7:34 am By Omar Faridi  |  

Allica Bank claims that it is “exposing” a “hidden” £7.5 billion a year savings penalty on the country’s hard-pressed SMEs – and is calling “on the wider banking industry to give SMEs a better deal.” While the cost-of-living crisis has led to significant pressure on… Read More

October 23, 2023 @ 9:32 pm By Omar Faridi  |  

It’s been several years since financial services upstarts reimagined buy now pay later (BNPL) as a point-of-sale (POS) payment method. Since then, this once-obscure way of transacting has “been placed front and center at the checkout by merchants worldwide, and 28% of U.S. consumers now… Read More

October 23, 2023 @ 8:48 pm By Omar Faridi  |  

Ubank’s CEO Philippa Watson and Head of Product for Everyday Banking, Andy Wright recently shared key insights at the 10th annual Australian FinTech Summit. In a discussion during the 10th annual FinTech Summit, ubank’s CEO Philippa Watson shed light on how ubank is “redefining customer… Read More

October 23, 2023 @ 1:46 pm By Omar Faridi  |  

Moonfare has appointed Dr. Lorenz Jüngling, currently managing director, chief operating officer, and chief financial officer, “as Co-CEO, alongside Moonfare founder, chairman and current CEO Dr. Steffen Pauls. Jüngling, a Ph.D. material scientist and physicist by training, currently oversees Moonfare’s R&D, finance, operations and compliance… Read More