Tagged: fintech adoption

Fintech Marqeta and Rain to Deliver Earned Wage Access via Embedded Finance

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card,… Read More

European Fintech HighRadius Introduces B2B Payments to Lower Transaction Processing Costs

HighRadius, the provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, announced the launch of their B2B payments platform to improve payment processes across 100+ payment methods globally. The comprehensive B2B payments platform “encompasses a trio of essential products: Payment Gateway, Surcharge Management, and… Read More

iCapital Marketplace in Hong Kong and Singapore to Connect Wealth Management Firms to Alternative Investment Opportunities

iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the launch of iCapital Marketplace, a one-stop-shop connecting wealth managers and advisors “with a broad menu of alternative investment opportunities across private equity, private debt, infrastructure, real assets and… Read More

Fintech Nium Reportedly Registers as Financial Services Provider in New Zealand

Nium, the global enabler of real-time, cross-border payments, announced that it is now registered as a Financial Services Provider in New Zealand. This pivotal step marks Nium’s entry into the dynamic financial landscape of New Zealand and reinforces its commitment “to delivering innovative financial solutions… Read More

Leeds Building Society and Mambu to Enhance Core Banking Systems

Mambu, a cloud banking platform, and Leeds Building Society, the fifth largest building society in the UK, have entered a strategic partnership to help Leeds modernize its core banking system. By using Mambu, underpinned by Amazon Web Services (AWS), Leeds Building Society will have “an… Read More

AI and Fintech Solutions Are Reportedly Improving Accessibility for Potential Autmobile Buyers

CBInsights has explored an emerging set of technologies including cybersecurity and Fintech-focused solutions impacting automotive R&D, manufacturing, sales, vehicle use, and the aftermarket. As noted in the CBInsights report, advancements in AI are “changing the way automakers design, build, sell, and repair vehicles.” Large language… Read More

dLocal, the Cross-Border Payments Platform, Partners with Payroll Fintech Papaya Global

dLocal, the cross-border payment platform, is announcing its partnership with payroll and payments platform Papaya Global. The new partnership sees the two platforms join forces to “enable companies to easily handle workforce payments globally, including across emerging markets.” The partnership between dLocal and Papaya Global… Read More

Engagement Banking Fintech Backbase Teams Up with Navy Federal Credit Union

Backbase, the Engagement Banking Platform provider, announces the renewal and expansion of its partnership with Navy Federal Credit Union, which is reportedly the world’s largest credit union with more than 13 million members and $171 billion in assets, serving U.S. veterans, retired service members and… Read More

Fintech Parafin Reportedly Acquires Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc., announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin. Parafin helps companies, such “as marketplaces, vertical SaaS, and payment processors, launch and… Read More

Wise Platform and Fintech Swan to Streamline International Payments

UK Fintech Wise (LSE:WISE) has shared its newest partnership with Swan, a European firm focused on embedded finance. Swan enables companies across Europe to easily “embed banking features such as accounts, cards, and payments into their own product.” However, one thing was missing “from their offer;… Read More

Fintech Ecosystem Report: Neobanks, Brokers, Crypto Cohort Was Greatest Outperformer in Q1 2024

Pitchbook is reporting mixed fintech performance as public fintech companies delivered mixed returns in Q1 2024. Pitchbook notes in a report that when “compared to the S&P 500’s 10.2% return and Nasdaq’s 9.1% return for the quarter, the neobanks, brokers, and crypto cohort was the… Read More

Fintech Klarna Aims to Challenge “Broken” US Credit System with Transparent Data

Klarna, the AI-powered global payments network and shopping assistant, today announced in an industry-first, the launch of a new online initiative – Wikipink – aimed at setting new standards for transparency and responsibility in the credit and lending industry. Amid growing scrutiny over the practices… Read More

Singapore: SFA FinTech Ecosystem Registry to Launch in June, Replacing Current SFA Directory

As the fintech landscape in Singapore continues to expand and evolve, the need for an updated, comprehensive registry has never been clearer, according to an update shared with CI. As stated in the announcement, the upcoming launch of the SFA FinTech Ecosystem Registry in June… Read More

Lending Tech Provider Informative Research Announces Integration of Veri-Tax

Informative Research, a technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the service provider focused on delivering the fast verifications into its proprietary Verification Platform. The integration merges Informative Research’s platform with Veri-Tax’s verification services so lenders can… Read More

UK Fintech Sector Reportedly Among Leading Segments in Tech Ecosystem, London Continues Funding Landscape Dominance

The United Kingdom is currently the sixth largest economy globally and the UK tech startup ecosystem ranks third in terms of funding raised in the first quarter of 2024, after the US and China, according to a new report. Tracxn, a global SaaS-based market intelligence… Read More

Emerging Tech Firms Selected to Participate in 2024 FinTech Innovation Lab New York

Ten emerging technology companies have been selected to participate in the 2024 FinTech Innovation Lab New York, a 12-week program founded and run by Accenture and the Partnership Fund for New York City that helps early- and growth-stage fintechs accelerate product and business development through… Read More

Fintech Investments in Ireland Declined Considerably Last Year – Report

2023 was a challenging year for the Irish FinTech market, with investments and transactions reaching $60.83 million across 11 deals; this was a significant decrease (94 percent) compared to last year, where investments and transactions totaled over $1 billion across 22 deals, according to the… Read More

nCino’s Single Platform Chosen by Desjardins to Automate Loan Origination via Machine Learning

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, announced that the largest cooperative financial group in North America, Desjardins Group, will implement nCino’s Automated Spreading Solution, powered by nCino IQ (nIQ), expanding their partnership with nCino “to further… Read More

Payments Canada Introduces Consultation on Proposed Changes to Improve Bill Payments

Payments Canada is seeking input on proposed changes to how bill payment remittances are processed through the Automated Clearing Settlement System (ACSS). This includes the potential impact the changes “could have on billers, consumers who make bill payments and any financial institution or organization that… Read More

Fintech Built Expands Platform to Real Estate Developers, Introduces Financial Management Product

Built, a software platform designed to connect and simplify doing business in real estate, is launching an expansion of its platform to meet the specific needs of real estate owners and developers to improve the movement of money and decision making. Built’s new product for… Read More

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