Category: Banking Tech

August 21, 2023

With the launch, Modulus aims to enable operators to launch their own investment platforms, further driving grassroots investment opportunities. The firm, which powers global equities, derivatives, and asset exchanges; Fortune 500 firms; government agencies and laboratories; and leading research universities, […]

August 11, 2023

First-party fraud can appear in a variety of different ways. In the financial sphere, it can look like someone applying for a loan, knowing they won’t pay it back or filing a false chargeback claim. However, it is not limited […]

August 1, 2023

IBM has won a major contract worth $84.4 million with the UK government to help build a platform for immigration and law enforcement authorities to match fingerprint and face biometrics. The tender is part of a Home Office program expected […]

July 27, 2023

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift […]

July 27, 2023

The turbulent economic climate spawned by ongoing global events has certainly kept online retailers on their toes in recent years. From Covid-19 to the cost of living crisis, household budgets have fluctuated and discretionary spending has been particularly vulnerable to […]

July 25, 2023

Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in key metrics through the first half of 2023, driven by the integration of a recently acquired self-custodial wallet service. Bitget is currently undergoing a rebranding initiative following its acquisition of […]

July 24, 2023

Indonesia-based Finture has released its digital banking and credit card services in Southeast Asia, for the development of Japanese companies in new markets. Following this announcement, the start-up company aimed to launch its digital banking and credit settlement products on […]

July 18, 2023

Visa and Mastercard have faced a lawsuit over alleged conspired vastly overcharge of the Square payment platform for increased retail prices for clients. Visa and Mastercard were accused of trying to fix inflated `interchange` fees and maintaining market power, according […]

July 18, 2023

The San Francisco-headquartered firm, which provides education financing products, has launched its new International Private Student Loans offering to meet the increasing demand among foreign-born students in the US for private loans to fund their education. Historically, gaining access to […]

July 13, 2023

The company will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems and standardise its international commercial payments on a single platform, which Temenos says will allow for “greater efficiencies and an improved customer […]

July 12, 2023

A regulatory filing made with the US Securities and Exchange Commission (SEC) at the beginning of this week indicates that the New York-based payment platform’s workforce reduction plan is expected to “enhance productivity and efficiency” and “streamline the company’s organisational […]

July 6, 2023

The London-based firm says it is working with the BofE to “design a privacy-preserving identity layer” for a possible digital pound. The agreement would see the design and deployment of a secure system that “prevents tracking and correlation of transactions […]

July 6, 2023

The Milan-headquartered commercial bank, which operates within the markets of Italy, Germany, Central and Eastern Europe, released a statement this week outlining the reordering. It announces Ali Khan as its new group digital and information officer (DIO), who joins UniCredit […]

June 30, 2023

The Climate Fintech report found that every region saw accelerated funding. Though LatAm and APAC did not see much funding, it was still considerably more than other investment sectors. Meanwhile, North America saw $640million raised, while Europe secured just below […]

June 23, 2023

The pursuit of efficiency has become a fundamental objective for organizations across industries in today’s rapidly evolving business landscape. Amidst this pursuit, financial technology, or fintech, has emerged as a transformative force that holds the potential to revolutionize operational efficiency […]

June 22, 2023

Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd. The company has obtained in-principle approval for the Major Payments Institution License application from the Monetary […]

June 20, 2023

With the acquisition, Bankable will gain the ability to embed credit and working capital into the payment flows of established neobanks, multinational brands and fintech platforms. Founded in 2014 and based in Barcelona and Dublin, Arex Markets operates a marketplace […]

June 16, 2023

In 1992, I wrote a paper on the future of application development for Lloyds Bank. My paper described a vision of “end user development” to maximise flexibility and reduce cost of development. In this paper I called for the bank […]

June 14, 2023

Bitcoin’s recent surge has slowed, entering a consolidation phase. Cryptocurrencies have likely weathered their most challenging period and are poised for continued upward movement. And both present us with an opportunity to look at some of the most beaten-down, best […]

June 8, 2023

It covered a broad range of topics with a focus on open banking, ESG (climate and diversity in particular) and of course AI. It’s hard to find a technology journal, blog or presentation that doesn’t include AI at the moment. […]