Tagged: fintech trends

October 2, 2024 @ 3:52 pm By Omar Faridi  |  

Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay. This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift. As… Read More

September 30, 2024 @ 8:41 am By Omar Faridi  |  

Building on the multimarket partnership to enable flexible payments adoption in the region, Mastercard (NYSE: MA) and ZOOD, one of the digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a BNPL card – ZOOD Card – in Uzbekistan. The… Read More

September 29, 2024 @ 6:25 pm By Omar Faridi  |  

FIS (NYSE: FIS) says it will provide a complete end-to-end loyalty program management platform for Commerce Bank, a Midwest regional bank with over $30 billion in assets and nearly 160 years of history. By collaborating with FIS on this strategic initiative, Commerce Bank seeks to… Read More

September 29, 2024 @ 5:46 pm By Omar Faridi  |  

Global Fintech Broadridge Financial Solutions, Inc. (NYSE: BR)  announced that Skandinaviska Enskilda Banken AB (SEB) is leveraging Broadridge’s international post-trade processing solution to simplify and streamline its securities business across international and domestic markets. SEB is an established, long-standing user of Broadridge‘s front and middle… Read More

September 29, 2024 @ 1:02 pm By Omar Faridi  |  

Backbase is pleased to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform. This groundbreaking launch is set… Read More

September 27, 2024 @ 2:36 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced several new product updates at its global enterprise customer event, Thrive, held in Barcelona, Spain. The company offers a suite of modular payment solutions “that help businesses reduce the complexity and cost of payment processing while increasing performance and… Read More

September 24, 2024 @ 8:07 am By Omar Faridi  |  

Revolut is reportedly introducing a standalone app based on its wealth management offering as Europe’s leading Fintech aims to challenge major competitors like Robinhood as well as Etoro in the retail investor sector. The Revolut Invest app will provide over 4,000 financial instruments, including from… Read More

September 20, 2024 @ 8:39 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced that its monthly payment volume grew by 3X in Oceania, over the last year. This growth has been driven by a surge in adoption “from financial institutions and spend management platforms, with AI platform, RedOwl, being… Read More

September 20, 2024 @ 6:32 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that Affirm is now available to eligible users checking out online and in-app with Apple Pay on iPhone and iPad. Starting today, Apple Pay users in the U.S. can request… Read More

September 19, 2024 @ 9:18 am By Omar Faridi  |  

 Capchase, a provider of revenue acceleration solutions for SaaS, is announcing a strategic partnership with Stripe, a financial infrastructure platform for businesses. This partnership makes Capchase’s buy-now-pay-later (BNPL) solution “available within Stripe.” This marks Stripe’s first-ever B2B BNPL payment method “offering in the U.S. market.”… Read More

September 17, 2024 @ 8:51 am By Omar Faridi  |  

Axoni, a provider of trade workflow applications and real-time data replication technology, announced the sale of its Veris post-trade processing business and related intellectual property to the London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure. The transaction remains subject… Read More

September 17, 2024 @ 6:22 am By Omar Faridi  |  

Revolut is reportedly preparing for a 2025 launch in India. Potentially targeting millions of India’s consumers in a vital test for the growth strategy of Europe’s most valuable Fintech, Revolut will aim to take advantage of establishing operations in one of the world’s fastest-growing economies. London-headquartered Revolut… Read More

September 15, 2024 @ 5:36 pm By Omar Faridi  |  

Ebury, a global fintech company specializing in payments and collections, FX risk management and business lending, will partner with Salt Edge, an open banking solution provider, to integrate its PSD2 APIs. This collaboration will enable both companies to “enhance visibility and attract new customers while… Read More

September 14, 2024 @ 6:02 am By Omar Faridi  |  

Fintech firm Razorpay is pleased to introduce QuickBuy, which is described as the company’s 1-click order placement solution designed that aims to “to simplify and speed up the checkout experience.” Powered by Razorpay’s robust data network and advanced personalization capabilities, QuickBuy reportedly “transforms the traditional,… Read More

September 13, 2024 @ 8:41 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payments network that empowers consumers and helps merchants drive growth, released new research revealing consumer shopping behaviors and sentiments ahead of the 2024 holiday season, including the growing preference towards 0% APR financing options and Americans’ confidence levels around budgeting. Affirm’s… Read More

September 9, 2024 @ 3:06 pm By Omar Faridi  |  

Luge Capital has announced the closing of $96 million for Luge Capital Fund II, the firm’s second Fintech-focused fund. Luge previously announced a $71M first close of the fund, with “backing from CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group (iA), Fonds de… Read More

September 3, 2024 @ 6:03 am By Omar Faridi  |  

Adyen (AMS: ADYEN) has partnered with Swedish home furnishing business IKEA. The new partnership with Adyen will allow IKEA to “connect the dots between in-store and digital sales channels and offer better payment and loyalty experiences for customers.” Utilizing Adyen’s single financial technology platform to… Read More

August 30, 2024 @ 6:06 pm By Omar Faridi  |  

Givex Corp. announced that it has entered into a definitive arrangement agreement with Shift4 Payments, Inc. pursuant to which Shift4 has agreed to acquire all of the issued and outstanding shares of Givex, by way of a statutory plan of arrangement. Under the terms of… Read More

August 30, 2024 @ 6:05 pm By Omar Faridi  |  

Fintech Conotoxia has introduced cards for its business customers – with a new image. Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion. As noted in a blog post,… Read More

August 29, 2024 @ 9:44 pm By Omar Faridi  |  

Fintech Pine Labs and Visa (NYSE: V), the enabler of global payments have come together to scale digital payments acceptance and further India’s vision of a digital economy by unveiling Pine Labs Mini, a soundbox-enabled device for QR, Near Field Communication (NFC) and card payments. The… Read More