Tagged: fintech trends

October 28, 2024 @ 6:33 am By Omar Faridi  |  

UK based startups are managing to stay ahead of Germany and China in terms of total funding raised during Q3 2024. This, despite an overall decline, according to Tracxn Research. Tracxn’s latest analysis of the UK tech funding landscape reveals a number of  key /… Read More

October 25, 2024 @ 4:10 pm By Omar Faridi  |  

Consumers are not holding back on holiday spending this year – but they are taking a “more deliberate approach” to the purchases they make, according to  research from Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. The research study,… Read More

October 22, 2024 @ 8:59 am By Omar Faridi  |  

Alex Jimenez from Backbase has shared key insights with Crowdfund Insider. Alex mainly focused on the advantages of leveraging the latest Fintech technologies and how innovative tech may be used to complement existing banking solutions. Alex Jimenez serves as the Lead Principal Consultant at Backbase. He… Read More

October 15, 2024 @ 8:12 am By Omar Faridi  |  

PitchBook has shared key insights that focus on developments in the Fintech and payments ecosystems. The PitchBook report pointed out that Fintech performance has rebounded with shares of public fintech firms closing higher during Q3 of 2024, tracking the “broader” stock market’s rebound. PitchBook also… Read More

October 11, 2024 @ 10:42 pm By Omar Faridi  |  

Airwallex announced that Airwallex Capital is now licensed by the Securities and Futures Commission of Hong Kong (SFC) in order to offer asset management services, paving the way for the upcoming launch of its Airwallex Yield in Hong Kong early next year. As explained in a… Read More

October 11, 2024 @ 10:27 am By Omar Faridi  |  

Kate Hampton, Chief Strategy Officer at NMI, recently shared her views and insights with Crowdfund Insider. As noted in the update shared with CI, embedded payments are revolutionizing the financial landscape, with major companies like Google Chrome leading the way. By integrating embedded payment technology,… Read More

October 8, 2024 @ 7:17 pm By Omar Faridi  |  

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services firms with addressing the increasing requirements for core modernization… Read More

October 8, 2024 @ 8:22 am By Omar Faridi  |  

Real-time cross-border payments are gaining significant momentum as global consumers increasingly rely on them for seamless transactions, according to a recent research study. Many consumers depend on them to send funds close ones, while others use them to purchase goods, underscoring their importance in the… Read More

October 4, 2024 @ 9:45 am By Omar Faridi  |  

Zūm Rails, the company merging open banking and instant payments,  announced it is leveraging embedded finance solutions from Fiserv (NYSE: FI), which is a provider of payment and financial technology, in order to enable digital transactions and financial services for US-based businesses. With Fiserv as… Read More

October 4, 2024 @ 8:33 am By Omar Faridi  |  

According to an extensive update by Finch Capital, 2024 continued to be a turbulent year for European Fintech. While funding levels continued to decline, the sector is now said to be more resilient, with certain “green shoots” now emerging. As noted in the latest research… Read More

October 2, 2024 @ 3:52 pm By Omar Faridi  |  

Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay. This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift. As… Read More

September 30, 2024 @ 8:41 am By Omar Faridi  |  

Building on the multimarket partnership to enable flexible payments adoption in the region, Mastercard (NYSE: MA) and ZOOD, one of the digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a BNPL card – ZOOD Card – in Uzbekistan. The… Read More

September 29, 2024 @ 6:25 pm By Omar Faridi  |  

FIS (NYSE: FIS) says it will provide a complete end-to-end loyalty program management platform for Commerce Bank, a Midwest regional bank with over $30 billion in assets and nearly 160 years of history. By collaborating with FIS on this strategic initiative, Commerce Bank seeks to… Read More

September 29, 2024 @ 5:46 pm By Omar Faridi  |  

Global Fintech Broadridge Financial Solutions, Inc. (NYSE: BR)  announced that Skandinaviska Enskilda Banken AB (SEB) is leveraging Broadridge’s international post-trade processing solution to simplify and streamline its securities business across international and domestic markets. SEB is an established, long-standing user of Broadridge‘s front and middle… Read More

September 29, 2024 @ 1:02 pm By Omar Faridi  |  

Backbase is pleased to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform. This groundbreaking launch is set… Read More

September 27, 2024 @ 2:36 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced several new product updates at its global enterprise customer event, Thrive, held in Barcelona, Spain. The company offers a suite of modular payment solutions “that help businesses reduce the complexity and cost of payment processing while increasing performance and… Read More

September 24, 2024 @ 8:07 am By Omar Faridi  |  

Revolut is reportedly introducing a standalone app based on its wealth management offering as Europe’s leading Fintech aims to challenge major competitors like Robinhood as well as Etoro in the retail investor sector. The Revolut Invest app will provide over 4,000 financial instruments, including from… Read More

September 20, 2024 @ 8:39 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced that its monthly payment volume grew by 3X in Oceania, over the last year. This growth has been driven by a surge in adoption “from financial institutions and spend management platforms, with AI platform, RedOwl, being… Read More

September 20, 2024 @ 6:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that Affirm is now available to eligible users checking out online and in-app with Apple Pay on iPhone and iPad. Starting today, Apple Pay users in the U.S. can request… Read More

September 19, 2024 @ 9:18 am By Omar Faridi  |  

 Capchase, a provider of revenue acceleration solutions for SaaS, is announcing a strategic partnership with Stripe, a financial infrastructure platform for businesses. This partnership makes Capchase’s buy-now-pay-later (BNPL) solution “available within Stripe.” This marks Stripe’s first-ever B2B BNPL payment method “offering in the U.S. market.”… Read More