Tag: finance
-
The Clearing House nabs top Fed official
In a move that has sent shockwaves through the financial industry, The Clearing House (TCH) has announced the appointment of a top Federal Reserve (Fed) official to its executive team. This high-profile hiring adds another valuable asset to the already impressive leadership roster at TCH, signaling a strategic shift for the organization. The Clearing House,…
-
Earlypay acquires Timelio
Sydney-based financial services company Earlypay has recently announced its acquisition of Timelio, a leading fintech lending marketplace in Australia. The deal comes as Earlypay aims to expand its presence in the alternative lending space while further digitizing its operations and services. Earlypay specializes in offering working capital…
-
Moneyhub research: 1 in 5 now using Open Banking payments
Open Banking is revolutionizing the way we make payments in today’s digital world. According to recent research conducted by Moneyhub, a leading financial technology company, it has been found that one in five people now utilize Open Banking payments. Open Banking allows individuals to securely share their financial data with authorized third-party providers through the…
-
Breaking down buy now, pay later
Breaking Down Buy Now, Pay Later Buy now, pay later (BNPL) has become an increasingly popular way for consumers to make purchases without the need for immediate upfront payments. This payment option has gained popularity due to its convenience, flexibility, and accessibility. With BNPL, customers can make purchases and spread out the payments over a…
-
Visa works with BMO to provide cardholders access to Installments
Visa, the global payment technology company, has partnered with BMO (Bank of Montreal) to offer cardholders an enhanced experience with the introduction of Installments. This collaboration aims to provide greater flexibility when managing purchases, making it easier for customers to spread out payments for larger transactions. Installments help create a more convenient and affordable way…
-
Kasikorn Bank buys majority stake in Satang
In a groundbreaking move, Kasikorn Bank has acquired a majority stake in Satang, a leading financial technology company. Satang is renowned for its expertise in providing secure and innovative services in the digital asset industry. By investing in Satang, Kasikorn Bank aims to strengthen its position in the rapidly evolving digital financial market and expand…
-
ABC Finance partners with Uswitch
ABC Finance, a leading international financial institution, has announced its partnership with Uswitch, a prominent comparison website, to bring even more comprehensive and competitive offerings to its customers. This collaboration aims to empower individuals in making informed decisions regarding their financial matters. With its strong commitment to customer satisfaction and delivering top-notch…
-
Shift4 acquires Finaro
Shift4 Acquires Finaro Published on November 1, 2023 Revolutionary Merger: Shift4 and Finaro Join Forces In a significant move for the financial technology industry, Shift4 Corporation, a leading provider of integrated payment processing and technology solutions, has announced its acquisition of Finaro, a prominent financial software company. This strategic union is bound to reshape…
-
U.S. Bank jumps into BNPL
U.S. Bank—one of the largest banks in the United States—has announced its entry into the booming Buy Now, Pay Later (BNPL) space. This move comes in response to the increased adoption and popularity of “BNPL” payment options that have gained immense traction in recent times. The BNPL model allows consumers to make purchases upfront and…
-
NET Credit Union partners with Bankjoy
NET Credit Union, a leading financial institution known for its commitment to technological advancements, is pleased to announce its partnership with Bankjoy, a fintech company specializing in providing modern and user-friendly digital banking experiences. This strategic collaboration aims to enhance the services and convenience offered to NET Credit Union’s customers. Digital banking reimagined “As technology…
-
Coop launches Coop Finance+
Coop, a leading financial institution, is proud to announce the launch of its latest innovation – Coop Finance+. This new service is set to revolutionize the banking experience for customers, providing them with enhanced financial tools and flexibility. Coop Finance+ brings together a range of features that cater to the modern consumer’s needs. With…
-
Nium launches Global FX
Nium, a leading global fintech platform today announced the launch of its innovative Global Foreign Exchange (FX) solution. This solution aims to revolutionize the way businesses manage their foreign exchange needs, providing a secure, efficient, and cost-effective solution to their global transactions. With Nium’s Global FX, businesses can now access real-time exchange rates for over…
-
LAB Group secures new debt facility to fund growth strategy
The LAB Group, a leading technology and digital marketing agency, has recently announced securing a new debt facility to support its ambitious growth strategy. The LAB Group office This funding milestone will enable the LAB Group to accelerate its expansion plans, invest in cutting-edge technologies, and continue providing innovative solutions to its clients. “We are…
-
Mastercard partners with Remitly
Mastercard Partners with Remitly Mastercard, one of the world’s leading payment solution providers, has announced a strategic partnership with Remitly, a popular online money transfer service. This collaboration is set to revolutionize the remittance space by offering faster, more secure, and affordable cross-border money transfers for millions of people worldwide. Remittances play a crucial role…
-
Nubank applies for a banking licence in Mexico
Mexico City – Nubank, the renowned Brazilian digital banking startup, has recently announced its intention to expand its operations by applying for a banking license in Mexico. This strategic move marks an important step for Nubank’s global growth ambitions. Nubank revolutionized the financial landscape in Brazil with its innovative app-based banking services, challenging traditional…
-
Plaid names first CFO
Plaid, a leading fintech company specializing in connecting consumers with their financial data, has recently announced the appointment of its first Chief Financial Officer (CFO), marking a significant milestone for the fast-growing startup. The San Francisco-based company has named Simi Bhaumik, an industry veteran with a proven track record, as its inaugural CFO. This strategic…
-
Tonik taps Sun Life Grepa Financial to launch insurance
Tonik, a leading digital banking platform in Southeast Asia, has partnered with Sun Life Grepa Financial to provide comprehensive insurance coverage to its customers. This strategic collaboration aims to expand Tonik’s product offerings and enhance its commitment to delivering holistic financial solutions to its growing user base. As the first digital-only bank in the Philippines,…
-
Binance stops accepting new clients in the UK
LONDON, UK – In a surprise announcement today, Binance, the world’s leading cryptocurrency exchange, declared that it will no longer accept new clients from the United Kingdom. As the largest cryptocurrency exchange by trading volume, Binance has been instrumental in facilitating various crypto transactions and investments globally. However, due to regulatory concerns, the company has…
-
Till Financial partners with Astra
About Till Financial Till Financial is a leading financial technology company specializing in smart savings and money management solutions. With their innovative mobile app, Till has been revolutionizing the way people save and manage their financial goals. The company focuses on empowering individuals to effortlessly grow their savings and achieve their financial dreams through intelligent…
-
Payments Europe publishes on the value of cards in Europe
A comprehensive analysis of the significant role cards play in Europe’s payment landscape Payments Europe, a leading industry association representing payment service providers across Europe, has recently released an insightful report highlighting the value and impact of card payments within the European financial ecosystem. The report sheds light on how the adoption of cards has…