Tagged: fintech trends

January 10, 2023 @ 10:49 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, and Paya Holdings Inc. (Nasdaq: PAYA), a provider of integrated payment and commerce solutions in the U.S., announced that they have “entered into a definitive agreement whereby Nuvei will acquire Paya in an all-cash transaction at USD… Read More

January 10, 2023 @ 10:07 pm By Omar Faridi  |  

NorthOne is pleased to announce they’re breaking new ground in the Fintech space “by joining The Clearing House’s Real-Time Payments network in partnership with The Bancorp Bank, N.A.” With The Clearing House’s innovative Real-Time Payment network, NorthOne will help businesses “receive payments instantly 24 hours… Read More

January 10, 2023 @ 8:26 pm By Omar Faridi  |  

To provide an integrated framework that links user interfaces across products, global Fintech platform, Broadridge Financial Solutions, Inc. (NYSE:BR), announced it will utilize Glue42, a software provider that delivers integrated desktop experiences to financial institutions globally, “to deliver a seamless trading experience.” This move “brings… Read More

January 9, 2023 @ 10:17 pm By Omar Faridi  |  

ChatGPT—the recently launched language processing AI model developed by OpenAI—has been “wowing users with its uncanny abilities to hold conversations, write essays, and even program computers,” according to an update shared with CI. However, the real value of conversational AI for digital commerce companies “lies… Read More

January 8, 2023 @ 6:17 pm By Omar Faridi  |  

Visa (NYSE: V), which claims to be a world leader in digital payments, is announcing an open call for startups across the APAC region in order to apply for the Visa Accelerator Program 2023 and applications will close on January 10, 2022. Currently in its… Read More

January 7, 2023 @ 5:41 pm By Omar Faridi  |  

Bengaluru-headquartered Fintech lending platform KreditBee has reportedly extended its Series D funding round with a $100 million investment from private equity firm Advent International. The Advent funding has now topped up the first tranche of the Series D investment round, which also netted $100 million… Read More

January 7, 2023 @ 5:07 pm By Omar Faridi  |  

More than half (51%) of consumers in the United Kingdom believe physical wallets will become a lot less relevant as virtual payments continue to grow in adoption. This, according to the latest research shared by Mastercard (NYSE: MA). Mastercard teamed up Central Saint Martins on… Read More

January 6, 2023 @ 6:51 pm By Omar Faridi  |  

PayBy, a Fintech firm recently acquired by Astra Tech in August 2022, has been licensed by the Central Bank of the UAE “to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations.” The license “represents one of the country’s highest levels of financial… Read More

January 5, 2023 @ 10:26 am By Omar Faridi  |  

EY has today announced plans to establish a new Business Research Innovation Technology and Engineering (BRiTE) Hub in Bristol, as it looks “to ramp up capabilities in financial services design, data analytics and engineering to create practical and tangible solutions to some of the big… Read More

January 5, 2023 @ 8:42 am By Omar Faridi  |  

When it comes to New Year’s resolutions, improving personal finances “isn’t anything new,” according to an update from TrueAccord. But as we look ahead to 2023, TrueAccord reveals that they “see more and more Americans adding serious financial goals to their list.” A recent Ascent… Read More

January 3, 2023 @ 11:32 pm By Omar Faridi  |  

GoCardless, which claims to be a global leader in direct bank payment solutions, has  announced it is “officially live in the market with PayTo, an instant account-to-account payment method that has been designed to replace Australia’s traditional Direct Debit network in approximately three to five… Read More

January 1, 2023 @ 6:05 pm By Omar Faridi  |  

Save, a Fintech company that helps people earn higher yields on their spending and savings, announced that it has “added a new Environmental, Social, and Governance (ESG) portfolio that provides a yield from, amongst other ETFs, the iShares ESG Aware ETFs.” According to Morningstar Direct,… Read More

January 1, 2023 @ 5:13 pm By Omar Faridi  |  

C6 Bank has again expanded the investment options available to its clients. Now, there are reportedly more than 500 funds listed on C6 Invest, the investment platform that is within the bank’s application. Among the options “are fixed income, equity, multimarket, currency and crypto funds,… Read More

December 30, 2022 @ 4:59 pm By Omar Faridi  |  

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and digital payments giant Visa in order “to distribute prepaid payment cards to refugees arriving in France.”… Read More

December 30, 2022 @ 8:22 am By Omar Faridi  |  

There are four “over-riding” investment themes that investors will be watching and positioning for in 2023 in order to build their wealth, says the CEO and founder of an independent financial advisory, asset management and fintech organization. Nigel Green of deVere Group’s recently commented on… Read More

December 29, 2022 @ 11:27 pm By Omar Faridi  |  

Hyphen Group, a Fintech firm backed by Hong Kong-based billionaire Richard Li, has reportedly secured $22 million in capital via a funding round that was led by PCCW. The company stated that the amount secured is more than its initial $20 million target. The company… Read More

December 29, 2022 @ 9:56 pm By Omar Faridi  |  

Dubai Chamber of Commerce has announced the launch of a new Fintech & Payments Business Group aimed at bringing together companies of all sizes “within the fintech and payments sector to encourage collegial dialogue, advocate policy change and promote the emirate as a highly competitive global… Read More

December 29, 2022 @ 9:27 pm By Omar Faridi  |  

Pak-Qatar Takaful Group and BLINQ Solutions Private Limited have reportedly entered an agreement with a goal to streamline payment collections and assist existing and new clients with making payments from an extensive range of payment solutions. According to a statement made on December 26, Saqib… Read More

December 29, 2022 @ 8:45 pm By Omar Faridi  |  

Puneet Maheshwari, Director at Upstox, which supports powerful investing and trading made simple, and claims to be trusted by Indian consumers, reveals that Upstox is “an online trading app for Demat Account, Share Market, MF, IPO with 10 million+ customers.” Backed by Ratan Tata and… Read More

December 28, 2022 @ 9:36 pm By Omar Faridi  |  

Akash Sinha, CEO & Co-Founder, Cashfree Payments has provided a brief evaluation of the year 2022 and the anticipated trends in 2023, with respect to fintech, digital payments, BaaS, among other sectors. Sinha noted: “India is in a strong position to become the global leader… Read More