Tagged: fintech trends

May 5, 2023 @ 9:55 pm By Omar Faridi  |  

Cashfree Payments and YES BANK have come together to offer ‘Global Collections’, an international collection service for exporters, “who are account holders of YES BANK.” Under this partnership, the Bank’s account holders will be “able to collect payments in over 30 foreign currencies using the… Read More

May 5, 2023 @ 2:51 pm By Omar Faridi  |  

Trovata, which claims to be the global “leader” in bank APIs and cash management, recently announced the first generative AI entrant in the fintech space. Trovata AI leverages OpenAI’s ChatGPT technology “to accelerate the company’s vision of automating cash workflows and business intelligence for corporate… Read More

May 4, 2023 @ 11:17 pm By Omar Faridi  |  

Airwallex, a global fintech platform, is pleased to announce the launch of its Go Global campaign in Hong Kong, “unlocking opportunities for SMEs, ecommerce businesses and start-ups to scale and expand internationally.” Airwallex Hong Kong’s continued growth and development in the market “is evidenced by… Read More

May 4, 2023 @ 10:41 pm By Omar Faridi  |  

Merchant commerce omnichannel platform, Pine Labs announced the acceptance of digital Rupee on its PoS terminals in partnership with ICICI Bank. The technology integration “between the two entities will now support e₹ (Digital Rupee) acceptance at Pine Labs‘ point-of-sale terminals across key retail outlets in… Read More

May 4, 2023 @ 9:49 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for major businesses, has partnered with Olo Inc. (NYSE: OLO), an SaaS platform for restaurants, to provide restaurant businesses “with a faster and easier way to consolidate digital and in-store payments, apply for capital, and… Read More

May 4, 2023 @ 2:43 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced an expanded global partnership with Uber Technologies, Inc. Uber will significantly “expand its use of Stripe’s payments platform, including in the US, to reduce costs and give customers more flexible ways to pay for Uber Rides and… Read More

May 3, 2023 @ 10:38 am By Omar Faridi  |  

In Q2 2021 Fintechs Hit Peak Valuation of 20X Revenue  Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a report released by Boston Consulting Group (BCG) and QED Investors. At the same time, since April… Read More

May 3, 2023 @ 8:24 am By Omar Faridi  |  

Bits Technology, the Stockholm-based startup that focuses on business and customer identity, announces a new €4 million seed funding raise that will help the company further its mission of reshaping how future fintech products are built. Bits will use the funds from the investment round… Read More

May 2, 2023 @ 3:44 pm By Omar Faridi  |  

Splitit (ASX: SPT), which claims to be the “only” white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, has announced a new super-fast white-label payment experience, SplititExpress. This experience “enables checkout in under 2-seconds and also… Read More

May 2, 2023 @ 11:50 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) and Stripe are launching a new feature on Microsoft Teams that will empower companies “to unlock new revenue streams and grow their business – all with the simple touch of a button.” Introducing Teams Payments, a solution that “enables meeting hosts to… Read More

May 2, 2023 @ 8:18 am By Omar Faridi  |  

Berlin-based Fintech Raisin has appointed Cetin Duransoy as the new CEO of Raisin US, effective 1 May 2023. Cetin Duransoy reportedly “brings over 20 years of experience, having served in senior positions at companies including Capital One and Visa.” Before joining, Cetin served “as president… Read More

April 30, 2023 @ 6:17 pm By Omar Faridi  |  

Frisch’s Big Boy, the 75-year-old American comfort food and casual-themed restaurant brand, announced its partnership with DailyPay–the provider of on-demand pay. Through the partnership, Frisch’s Big Boy’s employees “have access to an important financial wellness benefit that allows them to access their earned pay after… Read More

April 28, 2023 @ 3:06 pm By Omar Faridi  |  

Glia, the provider of Digital Customer Service (DCS), announced a voice banking solution for the Glia Interaction Platform. The new feature is “an extension to its turnkey AI-powered Glia Virtual Assistants (GVAs) to support dial-in phone interactions.” This provides “a single, native virtual assistant across… Read More

April 27, 2023 @ 5:57 pm By Omar Faridi  |  

Continuing to build its footprint as a leading global acquirer, global financial technology firm FIS (NYSE: FIS) has announced its Worldpay merchant business will be “expanding its payment processing capabilities into the United Arab Emirates (UAE) this year.” Worldpay has “secured a category II payment… Read More

April 27, 2023 @ 8:24 am By Omar Faridi  |  

CoinFlip, a Fintech company powered by cryptocurrency, announces today a new chapter of growth and product evolution with the launch of ‘Olliv,’ a safe, inclusive, self-custody-powered crypto platform delivering financial services in the digital economy accessible to everyone. Olliv claims it is “breaking down the… Read More

April 26, 2023 @ 10:09 pm By Omar Faridi  |  

Valley National Bank, a principal subsidiary of Valley National Bancorp (NASDAQ: VLY), announced the launch of “a new innovation platform which will accelerate and enhance its collaboration with fintech companies to meet the needs of Valley’s customers in a rapidly evolving digital environment.” Advancements in… Read More

April 26, 2023 @ 8:34 am By Omar Faridi  |  

IXOPAY, an independent payment orchestration provider, and EBANX, a Fintech company that specializes in international payments in rising markets, have announced a partnership. Together the partners will “focus on providing access to local payment solutions for global brands and offering local payment methods to consumers,… Read More

April 25, 2023 @ 11:17 pm By Omar Faridi  |  

The EY organization announces an alliance between FintechOS, a financial technology company, and Ernst & Young SRL (EY Romania) “to simplify and support the launch and service of banking and insurance products and support detailed transformation journeys through innovation, business knowledge and the implementation of FintechOS’… Read More

April 25, 2023 @ 8:22 pm By Omar Faridi  |  

Bolton Global Capital, an independent wealth management firm, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced a partnership “to provide Bolton’s extensive network of financial advisors with a range of private market offerings and resources.” Bolton… Read More

April 25, 2023 @ 9:58 am By Omar Faridi  |  

Investment platform Lightyear announces the launch of its web application. The requested feature will “enable customers to manage their portfolios, buy/sell shares and research 3,000+ instruments available on Lightyear.” As noted in the update shared with CI, the importance of offering “a web platform has… Read More