Tagged: fintech

Fintech Startup Plaid Milestone: Supports More Than 3,000 Institutions For Auth & Identity

Plaid, a U.S.-based fintech startup, recently announced it now supports more than 3,000 institutions for authority and identity. The news comes just after the company raised $250 million through its Series C funding round, which was reportedly led by venture capitalist and Internet Trends author, Mary Meeker…. Read More

CityFALCON Soars Past Initial Seedrs’ Equity Crowdfunding Goal

Third time’s proving to be a charm for UK fintech platform CityFALCON.  Having secured £566,488 in 2017 during its second Seedrs round, UK fintech CityFALCON quickly surpassed its initial £150,000 funding target during its third Seedrs’ run in November. The platform has increased the amount of… Read More

paysafecard Expands Collaboration With Google in Five New Countries

paysafecard, an Austria-based fintech that is part of the Paysafe Group, announced last week it has expanded its partnership with Google by becoming a new payment method in the Google Play Store in five additional European countries, which was Germany, the UK, France, Spain, and Greece…. Read More

PINTEC Forms New Partnership With Fullerton Financial to Expand Lending Business in China

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has formed a partnership with Fullerton Credit (FC) to expand digital lending solutions to the Chinese market.  According to PINTEC, FC provides operating and consumer loans for individuals, micro businesses and SMEs, with total cumulative loans disbursed exceeding more… Read More

U.S. Fintech Broadridge Financial Forms Strategic Partnership With Workiva

U.S.-based fintech Broadridge Financial announced last week it has formed a new partnership with data collaboration firm Workiva to combine its conventional and next-generation digital delivery of regulatory and shareholder communications and distribution capabilities with the Workiva Wdesk cloud-based platform.  According to Broadridge, Workiva customers will soon… Read More

Square Reapplys For Banking License

Payment process platform Square has reportedly reapplied for its banking license. This news comes less than six months after the company withdrew its application.  According to Finextra, the company previously submitted its banking license application with the Federal Deposit Insurance Corporation (FDIC) to become a… Read More

Capgemini Teams Up With Efma to Launch Fintech Competition “FinTechVisor Race to the Top 2019”

Capgemini and Efma announced on the inaugural FinTechVisor Race to the Top 2019, which is described as a competition that offers organizations an opportunity to pitch their business solutions to an elite panel of financial institutions and industry influencers. According to the duo, FinTechVisor Race to the Top 2019 aims to… Read More

Temenos Completes Avoka Acquisition

Temenos (SIX: TEMN) announced on Friday it has completed its acquisition of Avoka. The company previously announced it was acquiring the Australia-based SaaS vendor to further strengthen its Temenos Digital Front Office product, which has more than 300 banking clients and has been recognized as a leader by… Read More

TD Bank Releases Progress Report; Secures $22 Billion in First Year

TD Bank announced on Friday it has released a progress report on advancing towards a transition to a low-carbon economy in North America. The banking group also reported it secured CAD$22 billion during its first year. In December 2017, TD set a target of a total of CAD$100 billion in… Read More

Wirecard Expands Partnership With Dash Through Communications Group Singtel

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it is expanding its partnership with Dash through communications group, Singtel. According to Wirecard, Dash’s customers may make payments using Apple Pay at millions of participating on- and offline merchants worldwide. Wirecard reported… Read More

Danske Bank Now Offering Google Pay to Swedish, Norwegian, & Finnish Customers

Danske Bank recently announced its Danish, Swedish, Norwegian and Finnish customers with an Android phone are now able to add their Mastercard to Google Pay and make contactless payments. While sharing details about the Google Pay offering, Danske Bank stated: “A lot happens within the area of… Read More

KPMG Appoints Binah.ai As New Fintech Partner

Fintech

KPMG Fintech Israel, a local partner of the leading global network of professional advisory services firms providing guidance to financial institutions, announced on Tuesday it has named Binah.ai as its new fintech partner. According to KPMG, Binah.ai makes data science accessible with out-of-the-box financial services-focused use cases, combining… Read More

Bookkeeping Mobile App Albert Acquired By Santander

Albert, a UK-based bookkeeping mobile app, announced on Tuesday it has been acquired by banking group, Santander. Founded in 2014, Albert describes itself as the “brainchild” of the created of award-winning mobile apps such as NatWest, RBS, and the BBC. The app provides customers with a… Read More

Israel Credit Card Company Isracard Selects Temenos T24 Core Banking

Temenos (SIX: TEMN), the banking software company, announced on Tuesday that Isracard, a credit card company in Israel, has selected Temenos T24 Core Banking. Temenos reported its digital open banking platform will help Isracard achieve its strategic goal of simplifying its systems architecture and enabling… Read More

MassChallenge FinTech Announces 2019 Inaugural Cohorts

MassChallenge, a global network of zero-equity startup accelerators, announced on Monday the 21 startups that will join the 2019 MassChallenge FinTech inaugural program. MassChallenge reported that the fintech accelerator program is supported by a public-private partnership that includes founding partners Massachusetts Mutual Life Insurance Company (MassMutual),… Read More

JB Financial Group Signs MOU With CIMB Niaga For Open Banking Platform Business in Indonesia

JB Financial Group (KRX:175330), a Korea-based retail finance group, announced on Monday it has signed a memorandum of understanding (MOU) with CIMB Niaga, a leading Indonesian commercial bank, and MITRA JASA LIMA for the open banking platform business in Indonesia.  According to JB Financial, the… Read More

Digital Finance Platform Uphold Launches Mobile App

Uphold, a U.S.-based digital finance platform, announced on Thursday the launch of its mobile app for Android and iOS smartphones. Founded in 2013, Uphold revealed its mission is to create trusted access to digital money and finance services. Since launching, the company has notably fought… Read More

Global Payments Platform PaySend Forms Partnership With Vietcombank

PaySend, a UK-based global payments platform, has formed a new partnership with Vietcombank Remittance Company (VCBR). This news comes less than six months after PaySend secured $20 million through its latest funding round, which was led by investment firm MARCorp Financial.  According to Finextra, the partnership between PaySend and… Read More

Ingo Money Launches New Solution to Allow Companies to Offer Push-to-Card Payments Through Visa Direct

U.S. fintech Ingo Money announced on Thursday the launch of its new feature, Into Money QuickConnect. According to the company, Ingo Money Connect is a turnkey solution that allows any company issuing disbursement to customers to offer push-to-card payments through Visa Direct. It was revealed:… Read More

Robinhood Forms New Partnership With Galileo to Provide Checking & Savings Accounts with 3% Interest

Galileo, a U.S.-based payments processors and program management firm, announced on Thursday it has formed a partnership with Robinhood to help power Robinhood Checking & Savings feature. According to the duo, Galileo’s highly customizable payments infrastructure has been integrated into Robinhood Checking & Savings, which earns 3% of… Read More

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