Tag: Banking Tech

January 23, 2024

The expansion builds on an earlier $250 million ABS facility secured by the fintech in April 2022 through a deal that was led by Goldman Sachs as senior facility provider, and which also saw Integrated Alternative Credit Fund and Cypress […]

January 23, 2024

The Gouda-headquartered payments provider says it will apply the funding to further the uptake of its BNPL solution among web-based sellers in the Netherlands, Luxembourg and Belgium, as well as lay the groundwork for its eventual entry into the neighbouring […]

January 22, 2024

Established in 1992 and based in Ljubljana, SID Bank operates as a promotional development bank and export credit agency (ECA), providing insurance and financing on behalf of the Republic of Slovenia to promote internationalisation for the country’s export companies. As […]

January 22, 2024

The world of digital collectibles is witnessing an important development with the introduction of former U.S. President Donald Trump’s latest NFT collection, minted as Bitcoin Ordinals. This move marks a significant shift in the NFT space, leveraging the robustness and […]

January 19, 2024

The importance of remittances and cross-border payments cannot be understated in Africa. According to the World Bank, remittance flows to sub-Saharan Africa are expected to have increased by about 1.9 per cent in 2023 to $54billion. Onafriq selected Alviere for […]

January 18, 2024

Discover said in November it was exploring a sale of its student loan portfolio and transferring servicing of that portfolio to a third-party servicer. The company, facing multiple compliance-related issues recently, has run into regulatory scrutiny over its student loan […]

January 18, 2024

The European Union has reached a provisional deal to improve how national authorities collaborate to combat money laundering. It’s worth noting that the new deal aims to combat money laundering in the cryptocurrency and luxury sectors. Following negotiations that concluded […]

January 18, 2024

The dominance of the U.S. dollar as the linchpin of the international financial system is being increasingly questioned due to shifting geopolitical currents and the country’s growing twin deficits, Wall Street giant Morgan Stanley (MS) said in a report last […]

January 17, 2024

“Today, AI is being utilised by both criminals – who are using it as new ways to defraud customers – and institutions, who are using it to stay ahead of fraudsters and defend their customers,” said Vatsa Narasimha, CEO of […]

January 17, 2024

These prestigious awards, now in their 3rd year, provide you with the perfect opportunity to showcase your achievements and be crowned one of the very best in the industry. We have a range of categories to choose from for banks […]

January 17, 2024

Berlin-based banking startup N26 is rolling out a new stock and ETF trading feature starting with Austria as the first market. This product launch marks a renewed focus on the startup’s core markets with a larger portfolio of banking products […]

January 16, 2024

Cloud-based retail solutions provider Tulip has announced the launch of Tulip Pay to support in-person retail transactions. Tulip Pay is a self-contained payment system powered by Stripe, a business financial infrastructure platform designed to be simple and quick to deploy, […]

January 16, 2024

“It’s telling that a significant proportion of fraudsters think retailers themselves enable the practice. “Retailers must strike a delicate balance between facilitating sales and minimising fraud risks, but it’s clear from our findings that many don’t get it right. One […]

January 16, 2024

However, while many firms seek to provide accessibility to basic financial services to the masses, not quite so many have sharpened their focus and risen to the challenge of making financial services more accessible and easier to use for disabled […]

January 12, 2024

Belgium-based fintech start-up Unbox has secured a €12 million Series A funding round led by HSBC Asset Management. The round also saw participation from SFPIM Relaunch, a subsidiary of the Belgian Sovereign Wealth Fund. Founded in 2020 and headquartered in […]

January 11, 2024

Traditional payment methods such as cash are declining in popularity among all age groups. emerchantpay’s Global Payments Outlook revealed Europeans are showing a growing interest in other payment methods. Several European countries are making promising strides towards digital payment adoption. […]

January 10, 2024

The partnership is expected to afford the credit union’s members greater control over their financial data, which FirstOntario will be able to leverage to offer a more personalised array of financial services. Lloyd Smith, CEO of FirstOntario, describes this ability […]

January 9, 2024

Having already explored AI trend predictions for 2024, the evolution of generative AI and how much AI could impact the fintech and finance industry, we now turn our attention to individual fintech firms. How should firms be utilising AI in […]

January 9, 2024

It is well known that the propensity to pay is inextricably linked to the convenience of payment. Card payments offer payers convenience, but being subject to high fees, slow settlement times and chargebacks remain unattractive to B2B merchants, often operating […]

January 8, 2024

Financial terms of both the acquisitions were not disclosed. Jobox, founded in 2016 and based in Florida, operates a mobile app that enables home service professionals across the US to book jobs and manage their businesses from their phones and […]