Tag: Digital Lending and Credit

October 27, 2023

UK digital bank Monese is parting ways with Thought Machine three years after signing up for its Vault core banking platform, with the company instead implementing new core tech developed in-house by the company’s recently launched fintech subsidiary XYB. Monese […]

October 27, 2023

Squeeze, the fast-growing US tech platform helping consumers manage, evaluate, and save on their recurring insurance contracts, has acquired Youtility, a UK technology start-up who partners with banks and financial technology companies to deliver embedded home finance management services. Youtility’s […]

October 26, 2023

US-based commerce technology provider Payoneer has partnered with Etsy to support the latter’s expansion into emerging markets and simplify payments. Through this collaboration, Etsy can streamline payments to sellers and help develop economic opportunities for more entrepreneurs in emerging markets. […]

October 25, 2023

With the new licence, Elavon says it will be able to “grow and provide the right payments and banking solutions for UK clients” including authorisation, settlement, card machines and banking services. The licence also covers the full extent of Elavon’s […]

October 13, 2023

“We’re still in the early innings” of embedded payments, Hersh Mansukhani, vice president of platforms and embedded payments at Fiserv, told PYMNTS’ Karen Webster. “The platformization of the world is occurring, and software is getting into places where it never […]

October 9, 2023

The round also saw participation from existing Japan-based investor SBI Holdings, and succeeds the platform’s $23.5 million Series C of March 2020, which was led by MUFG Innovation Partners and Bank Rakyat Indonesia Ventures. As part of the round, Investree […]

October 6, 2023

In the ever-evolving world of investing and finance, not many assets have made waves quite like Bitcoin and cryptocurrency. Digital currencies were quickly popularised thanks to the enormous spike in the value of Bitcoin. The coin’s initial estimated value sat […]

October 6, 2023

The cryptocurrency exchange has landed a Major Payment Institution (MPI) licence from the regulator, and comes just one year after it also received its In Principle Approval (IPA), enabling it to kickstart operations and offer its products and services in […]

October 2, 2023

UK-based insurtech, Artificial Labs, and Tier 2 Consulting, renowned for its expertise in agile software development, have joined forces to revolutionise insurance solutions with automated underwriting technology. According to the announcement, this alliance promises cutting-edge solutions and transformative advancements for […]

September 29, 2023

My career has been spent trying to work out how to make complex technology and digital experiences consumable by users. The last three decades have seen rapid advancements in interaction design, graphics, and multimedia capabilities. But while the digital interfaces […]

September 28, 2023

Bitcoin price is up today, rising over 3% with a sharp upward candle that sent the price to $27,300. The Bitcoin price increase today set a one-week high and reflects a 4% gain for the month of September. Liquidations could […]

September 28, 2023

Paysafe Payment Solutions Limited (Paysafe) has unilaterally decided to cease processing EUR deposits for Binance users, effective September 25, 2023, at 00:00 (UTC). The abrupt move has left many in the crypto community puzzled, as no clear reason has been […]

September 28, 2023

Visa has partnered with UK-based retail banking company Lloyds Bank to launch a new virtual card solution for businesses of all sizes. As of the announcement, Visa Commercial Pay is available for Lloyds Bank customers, aiming to address businesses’ payments […]

September 5, 2023

Blockchain gaming is revolutionizing the gaming industry by merging cutting-edge blockchain technology with the immersive world of video games. As cryptocurrencies and decentralized finance (DeFi) gain momentum, blockchain gaming presents a new frontier for investors seeking high-growth opportunities. By understanding […]

August 22, 2023

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was […]

August 22, 2023

The BNPL feature adds another way Koverly is helping businesses pay each other. This is in addition to reduced foreign exchange rates (up to 50 per cent less) and no wire transfer fees (enabling firms to save up to $40 […]

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 2, 2023

An overwhelming majority of the world’s largest banks support the transfer of client funds to major crypto exchanges, according to a new study by digital asset data aggregator CoinGecko. The study examines how crypto-friendly the world’s largest 50 banks are […]

July 28, 2023

The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto mixers, anonymity-enhancing coins and institutions engaging in crypto trading. The NDAA is a bill that […]

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 […]