Tagged: innovation

July 6, 2023 @ 10:04 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) recently announced that Maha El Dimachki will join the BIS Innovation Hub (BISIH) team as “the new head of the Singapore Centre, starting on 1 October 2023.” Ms El Dimachki is currently Head of Early and High Growth Oversight… Read More

July 6, 2023 @ 10:17 am By Omar Faridi  |  

Mbanq, the US-based Fintech innovator and global Banking-as-a-Service (BaaS) provider, has announced that Cheqly, a Fintech that makes banking simple for startups, has launched utilizing Mbanq’s BaaS platform. With this partnership, Cheqly provides its customers “with an improved banking experience that is specifically focused on… Read More

July 5, 2023 @ 2:24 pm By Omar Faridi  |  

Founded in 2020, Silvr‘s mission is to make financing more accessible to SMEs. Silvr claims that it has rapidly become a European leader in short-term lending due “to its technology and innovative data processing tools.” This new securitized facility will “increase Silvr’s financing capacity., which… Read More

June 30, 2023 @ 6:17 am By Omar Faridi  |  

Texas Capital Bank is on a mission “to harness innovation and help clients thrive. Amid an ongoing transformation in support of those goals, the firm is partnering with Extend to give clients a modern spend management platform with the power of virtual cards – all… Read More

June 29, 2023 @ 8:00 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More

June 28, 2023 @ 5:53 pm By Omar Faridi  |  

AI technology is rapidly evolving and its applications even faster. Ramp says they are dedicated “to pushing the frontiers of AI to help businesses save time and money,” using GPT to deliver price intelligence, expense management, and more. As stated by the company’s management, they… Read More

June 28, 2023 @ 3:23 pm By Omar Faridi  |  

Dock, an innovator in payments and digital finance infrastructure across Latin America, announced the launch of Responsible Credit Solutions on its proprietary Dock One platform. These solutions enable businesses “to offer an array of flexible, customizable credit and loan products to their customers in a… Read More

June 28, 2023 @ 8:41 am By Omar Faridi  |  

Fennech Financial, an innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding. The investment round was “led by Lloyds Banking Group, who contributed a substantial £2 million, alongside some high-profile individual… Read More

June 27, 2023 @ 6:42 pm By Omar Faridi  |  

Infosys (NYSE: INFY), which claims to be a global leader in next-generation digital services and consulting, announced that it has signed a strategic collaboration with Danske Bank, a Nordic Bank, to accelerate the bank’s digital transformation initiatives with speed and scale. This collaboration will help… Read More

June 26, 2023 @ 7:22 pm By Omar Faridi  |  

Mypinpad, a global innovator in mobile card payments acceptance and identity authentication software solutions, is pleased to announce a substantial investment round of $13 million led by Crossfin Holdings. This strategic investment will “help expansion and support Mypinpad’s goal of building out its global payments… Read More

June 18, 2023 @ 12:33 pm By Omar Faridi  |  

WeLab Bank, which claims to be the most innovative bank in Hong Kong, announced the expansion of its wealth management services with the launch of their new Featured Fund Platform. WeLab Bank ventured into wealth management business last year, “pioneering a personalized and intelligent investment… Read More

June 18, 2023 @ 12:29 pm By Omar Faridi  |  

Comerica Bank announced the launch of Comerica Small Business Convenient Capital, its first “fully digital,” end-to-end new lending platform “to provide convenient access to capital and innovative value-added benefits for Comerica small business customers.” Built in collaboration with Amount, a digitally enabled lender and credit… Read More

June 18, 2023 @ 9:42 am By Omar Faridi  |  

Hexaware Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released the results of the firm’s annual Global Benchmark for Sustainable Banking Report. This third iteration of the report “surveyed 600 C-suite banking executives across the… Read More

June 15, 2023 @ 8:55 am By Omar Faridi  |  

PKO Bank Polski, the largest universal bank in Central and Eastern Europe, develops an innovative system of value-added services (VAS) in the form of a generally accessible and easy API. In this way, the Bank wishes “to expand the VAS offer available in the mobile… Read More

June 14, 2023 @ 11:23 pm By Omar Faridi  |  

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced a partnership with Numerated, an innovative provider of digital business lending solutions, “to integrate a financial spreading tool for the bank’s credit team to automate the process of aggregating and analyzing… Read More

June 14, 2023 @ 10:14 pm By Omar Faridi  |  

Justt, a chargeback mitigation innovator, announced the launch of a new suite of machine learning powered capabilities designed to revolutionize the way merchants navigate the complex landscape of chargeback management. These innovative features “focus on augmenting merchants’ visibility into and control over the process of… Read More

June 14, 2023 @ 9:06 am By Omar Faridi  |  

Qorbis, an innovator in end-to-end embedded finance and Fintech personalization, announces its partnership with Banking-as-a-Service (BaaS) provider, Mbanq, “to create a unique financial control and brand enhancement platform for clients.” Already live at the alpha-testing stage, the solution is unique in its flexibility for brands:… Read More

June 9, 2023 @ 3:07 pm By Omar Faridi  |  

ConsenSys and Fireblocks announced the integration of MetaMask Institutional (MMI), the web3 wallet for organizations and the first multi-custodial institutional web3 offering on the market, with Fireblocks, an easy-to-use platform “to build innovative products on the blockchain and manage day-to-day crypto operations.” The integration, which… Read More

June 4, 2023 @ 12:21 pm By Omar Faridi  |  

Ubiquity, a global business process outsourcer for industry innovators, announces the following three executives have joined its team “to support business development across the U.S. and expand its footprint in the U.K. and Europe:” Brad Richardson as chief sales officer; John Goodale as executive director,… Read More

June 3, 2023 @ 12:48 pm By Omar Faridi  |  

Global Wealthtech company GBST has appointed Simon Clare as Head of Product Innovation. In this newly created global role, Simon will “take responsibility for GBST’s innovation program, leading the charge in defining and shaping the company’s visionary strategy including its flagship Composer wealth administration platform,… Read More