Tagged: digital financial services

March 18, 2025 @ 8:23 am By Omar Faridi  |  

Checkout.com, a digital payments solutions provider, partnered with Tabby, the financial services and shopping app, in order to provide flexible and “high-performing” payment solutions to merchants in the UAE and Saudi Arabia. This partnership integrates Tabby’s BNPL solutions into Checkout.com’s platform, allowing merchants to “offer… Read More

March 13, 2025 @ 10:52 pm By Omar Faridi  |  

SIX reported that it has now delivered solid growth across all four business units in 2024, underscoring the strength of its diversified business model. The Group reportedly achieved total operating income of “CHF 1.6 billion in 2024, representing year-on-year growth of 4.6% at constant exchange… Read More

March 13, 2025 @ 12:19 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the roll out of OCC Cross-Margin capabilities, allowing futures and options traders to “consolidate margin requirements and improve capital efficiency.” OCC Cross-Margin capabilities were launched in “anticipation of increased… Read More

March 12, 2025 @ 9:25 pm By Omar Faridi  |  

Prometeo, a Fintech infrastructure company connecting corporations with financial institutions in Latin America and the US, announced the launch of its Borderless Banking offering to support business-to-business (B2B) financial operations between the US and LatAm markets. This product integrates with the banking infrastructure in the… Read More

March 6, 2025 @ 7:09 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), which claims to be a “member-centric, one-stop shop” for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the issuance of $697.6 million in notes secured by a pool of personal loans originated by… Read More

March 4, 2025 @ 2:25 pm By Omar Faridi  |  

Betterment Advisor Solutions (BAS), the “all-in-one” custodian for modern RIAs, has recently announced the launch of an all-digital solo 401(k), designed for independent advisors and their self-employed clients. Betterment‘s solo 401(k) is built upon its existing “record keeping system that today powers Betterment at Work.”… Read More

February 27, 2025 @ 11:12 pm By Omar Faridi  |  

The financial landscape is undergoing a significant transformation, driven by the rise of open banking and the power of Application Programming Interfaces (APIs), according to an update from Juniper Research. A recent report from Juniper Research, titled “Open Banking APIs: Facilitating the Future of Finance,”… Read More

February 27, 2025 @ 10:45 am By Omar Faridi  |  

Betterment, which claims to be one of the largest independent digital investment advisors in the United States, announced that it has acquired the automated investing business of Ellevest, the investing and wealth management company built by and for women. Betterment says it serves 900,000+ customers… Read More

February 25, 2025 @ 10:06 am By Omar Faridi  |  

Digital interactions by Bank of America (NYSE: BAC) clients grew 12% last year, reaching an all-time record 26 billion interactions through a combination of digital logins and proactive alerts. Innovative digital capabilities are enhancing experiences for the company’s more than “58 million verified digital clients… Read More

February 24, 2025 @ 9:25 pm By Omar Faridi  |  

PhonePe is announcing that the Fintech company is officially commencing preparatory steps in connection with its potential (initial public offering) IPO and intends to list on Indian exchanges. This marks a key milestone for the Fintech company, which will mark its 10-year of operations this… Read More

February 22, 2025 @ 12:23 pm By Omar Faridi  |  

Backbase, the global enabler of banking platforms, announced a strategic partnership with Siili Solutions, a digital transformation company known for its local expertise and presence across the Nordic region. This collab significantly expands the regional resource pool, enabling financial institutions to address the uniqie demands… Read More

February 12, 2025 @ 8:38 am By Omar Faridi  |  

Mambu has recently announced the “success” of its partnership with Money DD, which is a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering opportunities for “underserved” Thai citizens. The app has been… Read More

January 26, 2025 @ 6:49 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced the launch of its automated sweep feature using the IntraFi Cash Service. The capability will enable Cross River’s Banking-as-a-Service (BaaS) clients to access millions in aggregate FDIC insurance coverage “across network banks… Read More

January 24, 2025 @ 7:48 am By Omar Faridi  |  

A robust spend culture is key to unlocking business potential, with 61% of CFOs highlighting its importance for growth, yet few have struck the “right balance between autonomy and control,” research from Payhawk reveals. The research, conducted by independent research house Coleman Parkes, surveyed 1,000… Read More

January 17, 2025 @ 4:18 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a “one-stop shop” for digital financial services that helps members borrow, save, spend, invest and protect their money, announced a $525 million personal loan securitization agreement closed in Q4 2024 with funds and accounts managed by PGIM Fixed Income, one… Read More

January 13, 2025 @ 8:19 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those affected by the wildfires in Los Angeles with Americares. For this particular campaign, businesses… Read More

January 12, 2025 @ 1:31 pm By Omar Faridi  |  

Airwallex, a payments and financial platform for global businesses, has recntly announced its partnership with Carwow, the online car-changing marketplace. Following the integration of Airwallex’s Scale Native API, Carwow can now process “payments for those enterprise dealer groups who purchase cars from thousands of private… Read More

January 8, 2025 @ 8:06 pm By Omar Faridi  |  

Maybank announced that it launched a counter-fraud security feature on the MAE App called Money Lock, which allows customers to lock funds in the savings or current accounts of their choice from “being digitally accessed, keeping the funds safe from online scammers.” With this added… Read More

December 26, 2024 @ 8:26 pm By Omar Faridi  |  

Zid, Saudi Arabia’s commerce enablement platform, has unveiled ‘Total Commerce’ – which is described as a unified ecosystem redefining digital retail – at Ripple 2024. The development is said to be important for retail innovation in Saudi Arabia and across the region as well. Sultan… Read More

December 21, 2024 @ 3:25 pm By Omar Faridi  |  

Bivial AG is pleased to announce the successful completion of its rebranding from Klarpay AG. According to Bivial AG, this latest transformation represents a “major” milestone in the company’s journey, aligning its identity with its vision to “become a global leader in comprehensive financial solutions… Read More