Fintech News

Newsfeed: Fintech

  • New Fintech Startup Economyx.AI Uses Machine Learning To Pull Insights From US Economic News' May 25, 2022 4:14 am MENAFN (MENAFN- PR Newswire) The US economy is $25 trillion of activity, by 330 million people, over 3.8 million square miles. Wanna to see how it's all doing? AUSTIN, Texas , May 24, 2022 /PRNewswire/ -- Google has been spectacularly successful in …
  • Fintech Matchmove Acquires Shopmatic in $200M Deal to Launch Embedded Finance Platform May 25, 2022 3:42 am Crowdfund Insider MatchMove, the international embedded finance company, has reportedly acquired digital commerce specialist Shopmatic in a $200 million deal, “creating an end-to-end embedded finance and e-commerce powerhouse.” MatchMove’s platform “provides customisable, …
  • The Latest Web 3.0 Trend: Blockchain-Based ESOPs. Read Here To Know More About It May 25, 2022 3:08 am Outlook An employee stock option (ESOP) is a popular method that companies use for rewarding their deserving employees. But following the Web 3.0 trend, several global and Indian crypto companies are also issuing ESOPs to their employees, but with a slight …
  • Brazil in Bitcoin Adoption Drive: Blockchain.com's Expansion, Miners' Tax Break, Real Estate Firm's BTC Choice May 25, 2022 3:00 am Cryptonews Source: AdobeStock / IrynaV  Crypto adoption is gaining pace in Brazil, with the crypto wallet giant Blockchain.com looking to hire local staff, a major real estate firm committing to bitcoin (BTC) pay, and the government looking to incentivize crypto …
  • Association  Tasks Politicians On Internet Market  May 25, 2022 2:53 am The Tide MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited,  has formally commenced PSB operations sequel to the recent approval of the service by the Central Bank of Nigeria (CBN). The Network provider said, this follows a successful …
  • ‘Nigeria, others can leverage Commonwealth advantage for strategic relationships’ May 25, 2022 2:49 am The Guardian (Nigeria) Mrs. Rosie Glazebrook is the Chief Executive of the Commonwealth Enterprise and Investment Council (CWEIC). In this interview, she talks about efforts to connect businesses in Nigeria and other Commonwealth countries to global opportunities while …
  • ETF Prime: VettaFi Rebrand, Equity ETFs, Markets, and Residential Investing May 25, 2022 2:07 am ETF Trends On this week’s ETF Prime, host Nate Geraci speaks with Tom Hendrickson, VettaFi’s chief product and innovation officer, about the recent VettaFi rebranding and a look into which equity ETFs advisors are looking into in current markets. Later Geraci is …
  • GCash claims 60 million users in PH May 25, 2022 1:47 am The Manila Times GLOBE Telecoms' GCash on Tuesday said that over 60 million Filipinos are now using their financial technology app as a mobile wallet. "We have maintained a strong growth momentum with 60 million Filipinos now placing their trust in GCash. We are …
  • Envestnet Advisor Summit Highlights “The Intelligent Financial Life” May 25, 2022 1:47 am Forbes Stock photo of an advisory meeting. Dreamstime - Mariusz Szczawinski Today’s financial advisor clients and investors are tech-savvy, demanding transparency and embracing change more willingly than previous generations. However, even the less tech-savvy had …
  • Clearview enters selfie biometrics market as KYC firms sign up onboarding clients May 25, 2022 1:46 am Biometric Update Clearview is joining the selfie biometrics market and has signed up its first client. Biometrics-enabled know your customer (KYC) and digital ID companies from Europe and Asia including Digital Wallet, IDnow and Thales have been busy supporting new …
  • Why Mercado Bitcoin and Stellar Will Explore A Brazilian CBDC May 25, 2022 1:11 am Bitcoinist According to a press release, the Stellar Development Foundation (SDF) will join forces with major exchange platform Mercado Bitcoin. The partners will work on the nine cases of the Central Bank of Brazil (Bacen) LIFT Challenge. Related Reading | Nigeria …
  • Today in the Connected Economy: Amazon Web Services Launches Health Project May 25, 2022 12:38 am PYMNTS.com Today in the connected economy, Amazon Web Services (AWS) tackles inequity in healthcare in the latest round of its AWS Healthcare Accelerator program. Plus, eCommerce platform sticky.io pairs its services with Shopify, and Stripe launches new tools to …
  • Adyen Chosen to Integrate Payments for eCommerce Tech Company Radial May 25, 2022 12:38 am PYMNTS.com FinTech platform Adyen will be used by eCommerce company Radial to streamline and consolidate payment offerings in various health, beauty, apparel and luxury brands, a press release said Tuesday (May 24). The release said Adyen for Platforms offers “a …
  • FinTech Previse Secures $18M Funding to Drive SMB Working Capital May 25, 2022 12:38 am PYMNTS.com London FinTech startup Previse closed the first phase of its Series B funding round, with $18 million earmarked to expand its offering of working capital finance solutions for small- and medium-sized businesses (SMBs). The funding round was led by Tencent, …
  • Lendflow Launches Credit Decisioning Engine for Embedded Lending Products May 25, 2022 12:38 am PYMNTS.com Lendflow, which offers embedded lending, has rolled out an application programming interface (API) for companies to build, embed and launch credit products, a press release said Tuesday (May 24). Called the Credit Decisioning Engine, it will assist with …
  • FinTech Nuula Partners With Mulligan Funding to Offer Term Loans to Small Businesses May 25, 2022 12:38 am PYMNTS.com FinTech company Nuula, which provides small businesses with tools and capital, will partner with Mulligan Funding to offer term loans up to $2 million through its app, a press release said Tuesday (May 24). Nuula’s Term Loan feature will let small business …
  • Qatar To Invest $12.5B Into UK Economy: Report May 25, 2022 12:13 am Benzinga The government of Qatar has announced plans to invest £10bn ($12.5 billion) in the U.K. over the next five years, with a focus on major economic sectors including technology, healthcare, infrastructure and clean energy. What Happened: The Financial Times …
  • AI reskilling: A solution to the worker crisis May 25, 2022 12:11 am VentureBeat We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! By 2025, the World Economic Forum estimates that 97 million new …
  • Crypto Payments Firm Mercuryo Reaches 3 Million Clients Globally May 25, 2022 12:07 am Crowdfund Insider May 24, 2022 @ 7:18 pm By Omar Faridi Mercuryo, the cryptocurrency payments firm, has revealed that it has hit 3 million users globally. The key milestone represents an acceleration in growth for the London-based business, having reached 2 million clients …
  • Fintech Moves Secures $5M to Support Gig Workers to Own the Gig Economy May 25, 2022 12:07 am Crowdfund Insider Moves, an “all-in-one” banking app for gig workers, recently announced that it has closed a $5 million seed funding round “to advance its mission of making the gig economy work for its workers.” Matthew Spoke, CEO of Moves, stated: “The gig economy is …
  • It’s endgame for traditional payments as mobile wallets emerge victorious May 24, 2022 11:53 pm Tech Wire Asia A QR code for Paytm is pictured at a vegetable stall in New Delhi, India. QR-based payments is one of the most accessible mobile payment methods in developing APAC. (Photo by Sajjad HUSSAIN / AFP) Digital online spending has taken on a life of its own …
  • Mastercard Incorporated (MA) Management Presents at J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference (Transcript) May 24, 2022 11:50 pm Seeking Alpha Mastercard Incorporated (NYSE:MA) J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference Call May 24, 2022 3:30 PM ET Company Participants Craig Vosburg - Chief Product Officer Conference Call Participants Tien-Tsin Huang - …
  • An $85b crypto collapse reveals a new kind of bank run May 24, 2022 11:35 pm Financial Review The two coins’ collapse fed a digital-asset rout, helping wipe out more than $US300 billion from the combined value of all cryptocurrencies in the week ended May 13. Bitcoin, which traded for more than $US60,000 as recently as October, now goes for half …
  • Carbn Group And PowerFinance Announce Strategic Partnership To Accelerate New Zealand’s Fleet Transition May 24, 2022 11:22 pm Scoop Carbn Group (Carbn) today announced a new partnership with New Zealand fintech PowerFinance, aimed at accelerating Aotearoa’s transition to sustainable transport. Carbn and its subsidiaries, Carbn Asset Management and Sustainable Fleet Finance were formed …
  • Nu Holdings Could Deliver Huge Growth In The Coming Decade May 24, 2022 11:08 pm Seeking Alpha nu1983/iStock via Getty Images Nu bank holdings (NYSE:NU) is one of the most exciting fintech companies in LatAm and was named as one of the TIME 100 Most Influential Companies of 2021. After its IPO late last year, the stock has plummeted 68.5%. As …
  • Mumbai-based Nimeya seeks seed capital to expand wealth advisory May 24, 2022 11:02 pm Economic Times Mumbai: Global venture capital firm Orange Corp-incubated Nimeya Technologies, a personal finance focussed fintech, is seeking to raise $10 million in the seed round from a couple of domestic and international venture capital funds including Marv Ventures, …
  • Mumbai-based Nimeya seeks seed capital to expand wealth advisory May 24, 2022 11:02 pm Economic Times Mumbai: Global venture capital firm Orange Corp-incubated Nimeya Technologies, a personal finance focussed fintech, is seeking to raise $10 million in the seed round from a couple of domestic and international venture capital funds including Marv Ventures, …
  • eToro Hones In On $1B Funding As SPAC Plans Setback May 24, 2022 10:34 pm Benzinga eToro is targeting a $1 billion funding round. The development comes as the social trading and investment network looks to circumvent its stalled attempt to go public. The firm was looking to list via a merger with blank-check company FinTech Acquisition …
  • Law firms in the dock over £125,000 super pay for graduates as millions of Britons are hit by the cost of living crisis May 24, 2022 10:32 pm This Is Money Escalating pay at law firms at a time when the cost of living crisis has engulfed the nation has sparked anger. Clifford Chance is the latest Magic Circle law firm to raise pay for newly qualified lawyers – many of whom are just 22 years old – to £125,000 …
  • Qatar to invest £10 billion in key industries in UK May 24, 2022 10:22 pm Khaleej Times British PM Boris Johnson and Qatar Emir Sheikh Tamim bin Hamad Al Thani also discuss upcoming 2022 Qatar World Cup File photo By Prasun Sonwalkar Published: Tue 24 May 2022, 10:07 PM Last updated: Tue 24 May 2022, 11:06 PM British Prime Minister Boris …
  • Advisers getting better at social media, but still have work to do May 24, 2022 9:53 pm Investment News Financial advisers are getting better at using social media to attract new clients but still have room for improvement, according to a new study by Hearsay Systems, a digital communications fintech. An analysis of 14 million published social media posts …
  • Eco accuses NY fintech of 'espionage' and copying its product May 24, 2022 9:48 pm The Business Journals
  • Klarna To Cut 10% Of Its Staff In Latest Sign Of Tech Sector Squeeze May 24, 2022 9:43 pm Forbes (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Klarna, a Sweden-based fintech company in the buy-now-pay-later space, announced plans to lay off about 10% of its global …
  • Mercado Libre Releases Its Third Transparency Report, Reporting Continued Improvements In The Fight Against Counterfeiting And Piracy May 24, 2022 9:16 pm MENAFN (MENAFN- GlobeNewsWire - Nasdaq) In order to protect intellectual property rights, Mercado Libre deploys algorithms that learn from member´s notices and remove over 99% of infringing listings. The company's third Transparency Report lists the main …
  • Obinna Ukwuani: The techie behind top African bank's digital drive May 24, 2022 9:06 pm The Standard Obinna Ukwuani, Chief Digital Officer Bank of Kigali.[File, Standard] Obinna Ukwuani, the chief digital officer at the Nairobi Securities Exchange (NSE) listed Bank of Kigali (BoK), could have worked anywhere he wanted in the world. As a graduate of the …
  • Trinidad & Tobago Then and Now: Building the Path to Nearshore Success May 24, 2022 9:05 pm Nearshore Americas The trend has been clear for a few years now: North American companies’ demand for nearshoring services continues to increase at accelerated rates. In this context, Latin American and Caribbean providers and economies are set to benefit. Some countries are …
  • Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut May 24, 2022 8:44 pm Benzinga Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc WEX, FleetCor Technologies, Inc FLT, Fidelity National Information Services, Inc FIS, Fiserv, Inc FISV and Global Payments Inc GPN. Fintech fundamentals remained strong in the …
  • Evan Fisher, BBA ’17: Launching an Investment Fund to Back the Crypto Economy May 24, 2022 8:41 pm Michigan Ross Fisher sees cryptocurrency as a vehicle for meaningful social, political, and economic change over the coming decades. He left his investing role at one of the largest global venture funds, Insight Partners, to devote his full effort towards accelerating …
  • Storm clouds are gathering for high-flying IPO bankers as public offerings plummet and Wall Street considers hiring freezes. Now, insiders say, the layoffs are coming. May 24, 2022 8:25 pm Business Insider Wall Street bankers who handle IPOs could be in for "trouble" in the coming months, recruiters say. The economic downturn is cutting into their revenues and killing lucrative business opportunities. And new college grads worry that a recessionary …
  • PayPal laid off 83 employees as it reduces Bay Area presence May 24, 2022 8:23 pm TechCrunch PayPal laid off dozens of employees from its San Jose headquarters, filings show. As first reported by The Information and later confirmed by Techcrunch, the layoffs impacted 83 employees. PayPal’s layoffs, while just now coming to the surface, were …
  • Travolution Summit 2022: Beware competition from new entrants targeting travel May 24, 2022 8:21 pm Travolution Travel brands were warned to not spend too much time worrying about competitors within the sector and more on potential new entrants. A panel session at the Travolution European Summit this month discussed the opportunities and challenges of migrating to …
  • A VMware Mega-Deal Would Add To Broadcom’s History Of Big-Ticket M&A May 24, 2022 8:17 pm Forbes This is an excerpt from Deal Flow, Forbes’ twice-weekly newsletter about the latest billion-dollar deals from venture capital, private equity, M&A and beyond. Want a new edition in your inbox every afternoon? Subscribe here. Broadcom likes to spend its …
  • SAMA Governor, CMA Chairman Express Gratitude To Saudi Leadership For Approving Fintech Strategy May 24, 2022 8:04 pm MENAFN (MENAFN- Saudi Press Agency) Riyadh, May 24, 2022, SPA -- Fahad Almubarak, governor of Saudi Central Bank (SAMA) and Mohammed Elkuwaiz, chairman of Capital Market Authority (CMA) expressed their gratitude and appreciation to the Custodian of the Two Holy …
  • Nu Holdings: Following Warren Buffett And Cathie Wood May 24, 2022 7:38 pm Seeking Alpha VioletaStoimenova/E+ via Getty Images It's not often that you see an overlap between the extremes of value investing like Warren Buffett and disruptive innovation like Cathie Wood. But both seem to be very bullish on Nu Holdings (NYSE:NU). With …
  • Agility Bank CEO: Women-built community bank with fintech offerings can be a 'bank of the future' May 24, 2022 7:38 pm Houston Business Journal - Massachusetts
  • GovTech a big opportunity in India May 24, 2022 7:36 pm The Hans India Hyderabad: GovTech, which may be defined as use of IT in government service delivery which may vary from G2G, G2B or G2C services, is a multi-billion opportunity to serve over a billion population of India. Based on the above principal theme, GovTech India …
  • Artificial intelligence is making big changes look easy May 24, 2022 7:28 pm Financial Review “You can get insights that you wouldn’t have had before that can go into policy documents, or into documents ocean industries need for their operations and so forth,” Whittle says. Data61 is also working with industry partners on applying machine learning …
  • Local fintech pioneers new small business loan model May 24, 2022 7:28 pm Financial Review “Moneytech supported us with fantastic flexibility and optionality. Because we had access to a debt facility we never let down our supply chain, which meant we could keep everyone employed and the wheels spinning, Jackson says. “We are a national business …
  • $4 billion powers the nation’s fintech sector May 24, 2022 7:28 pm Financial Review The fintech sector is also attracting a lot more local investment than it did in the past. “There’s been a lot of funding. It’s been a great funding environment in this space over the last five, six years,” Porter says. The start-up ecosystem has grown …
  • Australia gets its second shot at being a tech nation May 24, 2022 7:28 pm Financial Review Turnbull attempted to put innovation policy at the centre of his platform, and his Innovation Statement was announced with the kind of grandeur usually reserved for a federal budget. But it all fizzled out. The country outside of inner cities was not …
  • LendingTree execs still confident in Charlotte fintech firm's strength despite plunging market cap May 24, 2022 7:08 pm Bizjournals
  • Informatics Ministry to train 60,000 digital entrepreneurs this year May 24, 2022 7:06 pm Antara 4 hours ago A dancer performs during the launch of the Digital Talent Program 2022 in Yogyakarta, May 17, 2022. ANTARA FOTO/Mohammad Ayudha/Pool/aww. Jakarta (ANTARA) - The Ministry of Communication and Informatics (Kominfo) has set a target to …
  • CFPB scraps fintech sandbox program with changes to innovation office May 24, 2022 6:54 pm American Banker Consumer Financial Protection Bureau Director Rohit Chopra has scrapped a fintech sandbox program that issued “no-action” letters to start-up companies, charting a different course for the bureau’s former office of innovation.   The CFPB said Tuesday that …
  • 'Another vote of confidence' in Brexit Britain as Qatar pledges £10bn trade investment May 24, 2022 6:51 pm Daily Express Prime Minister Boris Johnson met with the Amir of Qatar, Sheikh Tamim bin Hamad al Thani at Downing Street today (May 24) to discuss measures to strengthen economic ties.  Several key sectors of the UK economy could reportedly be strengthened by striking a …
  • Embrace Fintech Innovation – Veep May 24, 2022 6:46 pm Ghana MMA   Vice President Dr. Mahamudu Bawumia  Vice President Dr. Mahamudu Bawumia has asked capital market regulators in the West African Sub-region not to stand in the way of financial technology (FINTECH) innovations. Rather, he said, regulators should give …
  • JPMorgan braced for more than $1bn losses on digital retail bank Chase May 24, 2022 6:44 pm City A.M. Tuesday 24 May 2022 5:51 pm Wall Street giant JPMorgan said it is braced for more than $1bn losses as it grows its digital bank Chase over the next few years, with the retail lender passing the 500,000 customer mark in the UK today. Boss of JP Morgan’s …
  • Mastercard (MA) Extends Tie May 24, 2022 6:25 pm Zacks Mastercard Incorporated (MA Quick QuoteMA - Free Report) and the leading financial service provider Sokin recently expanded their collaboration with an aim to make an array of financial service products accessible in 39 new countries spread across the …
  • Buy now, pay later player Zilch expands to US May 24, 2022 6:20 pm Retail Dive British buy now, pay later provider Zilch is seeking to expand in the U.S. market, saying in a press release this week that it's taking a different approach to the industry than its competitors. Instead of collecting fees from merchants to move …
  • Ituran Location and Control's (ITRN) Management on Q1 2022 Results - Earnings Call Transcript May 24, 2022 6:10 pm Seeking Alpha Ituran Location and Control Ltd. (NASDAQ:ITRN) Q1 2022 Earnings Conference Call May 24, 2022 10:00 AM ET Company Participants Kenny Green – GK Investor Relations Eyal Sheratzky – Co-Chief Executive Officer Eli Kamer – Executive Vice President, Chief …
  • War: NIDO applauds FG on evacuation of Nigerians in Ukraine May 24, 2022 6:06 pm Eagle Online President, Nigerians in Diaspora Organization, (NIDO) Poland, Dr. Omotade Omotosho, has commended the Federal Government (FG) through its Ministry of Foreign Affairs, Nigerians in Diaspora Commission (NiDCOM), and strategic agencies for the evacuation of …
  • Bounce rate eases to 22.5% in April despite inflationary pressures May 24, 2022 6:01 pm Business Standard The bounce rate, which had inched up slightly in March, arresting the downward trend seen before that, has eased again in April and remains comfortably below the pre-pandemic average, despite inflationary pressures impacting consumers’ incomes. According …
  • Visa Inc. (V) CEO Al Kelly Presents at J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference - (Transcript) May 24, 2022 5:54 pm Seeking Alpha Visa Inc. (NYSE:V) J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference May 24, 2022 8:50 AM ET Company Participants Al Kelly - Chairman and Chief Executive Officer Conference Call Participants Tien-Tsin Huang - JPMorgan …
  • India’s growth story of unicorns worked very well until it did not May 24, 2022 5:54 pm Livemint Nonetheless, this was at the beginning of the era when entrepreneurs who had raised money at extreme valuations from venture capitalists for businesses which were unlikely to make money any time soon were being given rock-star receptions. Bahl’s sheen wore …
  • Vinny DiDonato Joins Going Public as CTO to Build World-Class Investment Platform and Alternative Trading System May 24, 2022 5:44 pm EIN Presswire The Fintech Veteran and Former CTO of Rally, DiDonato Starts June 1st LOS ANGELES, CALIFORNIA, UNITED STATES, May 24, 2022 /⁨EINPresswire.com⁩/ -- Crush Capital Inc., the pioneering company behind the groundbreaking interactive series Going Public …
  • Bank profits fall amid economic uncertainty: FDIC May 24, 2022 5:41 pm American Banker WASHINGTON —  Bank profits declined in the first quarter as the country’s largest banks grew set aside funds amid economic and political uncertainty, according to the Federal Deposit Insurance Corp.'s Quarterly Banking Profile.  Profits dropped 22.2%, …
  • UK says Qatar set to invest 10 billion pounds in Britain May 24, 2022 5:40 pm Euronews LONDON – Britain said on Tuesday it had agreed a new Strategic Investment Partnership with Qatar on Tuesday which will see the Gulf state invest up to 10 billion pounds ($12.5 billion) in the next five years. The investment, which will cover sectors such …
  • DriveWealth has nabbed execs from Visa, Google, and eBay as the behind-the-scenes fintech aims to bulk up ahead of a potential IPO May 24, 2022 5:33 pm Business Insider DriveWealth helps fintechs embed investing tools for retail investors into their apps. The company has more than 100 fintech companies as clients throughout the world. It's been hiring from major tech and finance companies as it prepares for a …
  • UK PM hails £10 billion Qatari ‘vote of confidence’ in UK May 24, 2022 5:24 pm Mirage News The PM hosted the Amir of Qatar today to develop our historic partnership and agree new joint work on trade, energy and defence Strategic Investment Partnership will see Qatar invest up to £10 billion in key industries across the UK, creating jobs and …
  • Kiwis fleeced of $3.7 million in cyber scams, Cert NZ says May 24, 2022 5:09 pm Stuff Digital criminals have fleeced victims of $3.7 million in the first three months of the year, up 23% on the same time last year, government cybersecurity agency Cert NZ says in its latest report. Cert received 2333 reports of scams in the quarter, up 63%. …
  • We are going to see a war on talent Joe Dunleavy, Head of Innovation Endava May 24, 2022 4:52 pm Irish Tech News Irish business has a huge opportunity to bolster its international competitiveness, but if innovation is the engine for competitiveness, then people are its fuel. The challenge lies in having the capabilities, the people power, available to create a …
  • KPMG announces eight finalists for Irish leg of Global Tech Innovator 2022 May 24, 2022 4:52 pm Irish Tech News KPMG Ireland today announced the eight shortlisted companies that will go forward and compete in the Ireland final of the KPMG Global Tech Innovator competition 2022. The competition, now in its second year in Ireland, provides a platform to showcase the …
  • 10 ways to make your business more efficient May 24, 2022 4:49 pm The Independent From securing the right funding to brushing up on your tech skills, we’ve found a number of companies that can help you grow your business. Boost employee wellbeing with an away day in the great outdoors (Corporate Away Days) A team day out in the great …
  • Tuesday's ETF Movers: QVML, ARKF May 24, 2022 4:37 pm Tradingcharts May 24, 2022 (MarketNewsVideo.com via COMTEX) -- In trading on Tuesday, the Invesco S&P 500 QVM Multi-factor ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Oreilly …
  • Plaid adds identify verification and fraud detection to its lineup May 24, 2022 4:03 pm Business Insider Plaid adds ID verification and fraud detection to its onboarding solution, bolstering its competitive edge as a full-service onboarding provider. The additional features add fuel to the fire currently raging between Plaid and payment software provider …
  • Previse Raises $18 Million to Expand Working Capital Finance Platform May 24, 2022 3:55 pm Crowdfund Insider May 24, 2022 @ 9:12 am By JD Alois UK-based Previse has raised $18 million in a Series B round that will help it expand its footprint around the world. Previse is an SME working capital platform. The funding was led by Chinese giant Tencent with existing …
  • BNPL: Fitch Worries About Klarna as CEO Announces Layoffs May 24, 2022 3:55 pm Crowdfund Insider May 24, 2022 @ 11:19 am By JD Alois Klarna, a global online lender in the hot buy now – pay later sector (BNPL) that only recently announced topping 150 million consumers, has issued a stark warning about the current economic environment. Sebastian …
  • Bank Nizwa supports Comex 2022 May 24, 2022 3:46 pm Oman Observer MUSCAT: As a firm believer in technological innovation in the banking sector, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, extended its support to COMEX 2022, Oman’s official technology, communications, innovation and …
  • Thawani highlights fintech potential at Comex 2022 May 24, 2022 3:45 pm Oman Observer Building on its efforts to accelerate Oman’s digital transformation, digital payments platform Thawani Technologies is participating in Comex 2022, held at the Oman Convention and Exhibition Centre. Thawani is presenting its innovative products and …
  • Leadership changes at Tymebank as it nears 5m customers May 24, 2022 3:45 pm ITWeb Coen Jonker, newly named CEO of Tymebank. Tyme Group has appointed co-founder Coen Jonker as new CEO of digital-only bank TymeBank, while current CEO Tauriq Keraan will be group executive: growth projects for Tyme Group. According to a statement, Keraan …
  • Does Huntington Bancshares Stock Deserve a Place in Your Portfolio? May 24, 2022 3:44 pm StockNews Huntington Bancshares Incorporated (HBAN) in Columbus, Ohio, is a $177 billion regional bank holding company that provides a comprehensive suite of banking, payments, wealth management, and risk management products and services. It operates more than 1,000 …
  • Cryptocurrency comes to Haiti May 24, 2022 3:24 pm Haitian Times As cryptocurrency makes the rounds across the globe, its buzz has reached Haiti in the form of donations and nascent projects. In this 3-part series, The Haitian Times takes a look at a few players and the pros and cons if digital currencies were to take …
  • Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean? May 24, 2022 3:08 pm Coin Telegraph In April, the United Kingdom’s Economic and Finance Ministry, also known as Her Majesty’s Treasury, announced its intention to put the United Kingdom at the forefront of technology by bringing stablecoins under the country’s payments regulation — a bold …
  • Europe Health Insurance Market to Reach USD 440 Billion, at a CAGR of 6.4% by 2022 | BlueWeave Consulting May 24, 2022 3:00 pm EIN Presswire New Delhi, May 24, 2022 (GLOBE NEWSWIRE) -- The Europe health insurance market is growing at a high CAGR because of the rising incidence of different healthcare conditions and chronic illnesses, as well as rising medical costs along with favorable …
  • Fintech unicorn Klarna to cut 10% of staff amid global shocks May 24, 2022 2:50 pm Tech Target Swedish fintech unicorn Klarna is making swingeing cuts to staff in reaction to global shocks, with some 10% of jobs at the company at risk, according to reports. In an announcement to staff revealed by website Breakit, CEO Sebastian Siemiatkowski said the …
  • Qatar Investment Authority cannot exit Russian market: Official May 24, 2022 2:50 pm The Peninsula Doha Skyline. DOHA: The Qatar Investment Authority cannot exit the Russian market and is waiting to assess its position there because of the Ukraine crisis, one of the sovereign wealth fund's chief investment officers said on Tuesday. Moscow placed …
  • JPMorgan’s UK digital retail bank reaches half-million customer mark May 24, 2022 2:50 pm Tech Target JPMorgan’s UK digital retail bank has signed up 500,000 customers and received more than $10bn in deposits since its launch in September, but the bank is patient about reaching profitability. Launched first in the UK, Chase offers retail bank accounts …
  • ICAN, BOI inaugurate tech hub to drive entrepreneurship May 24, 2022 2:44 pm News Diary Online The Institute of Chartered Accountants of Nigeria (ICAN) and the Bank of Industry (BOI) have inaugurated an “ICAN-BOI Tech Hub,” to promote job creation, entrepreneurship and skill development in the technology space. The tech hub was inaugurated on …
  • NowNow, LBS Launch Financial Education Program To Drive Financial Inclusion Growth May 24, 2022 2:37 pm Biz Watch Nigeria Leading African B2B and B2C FinTech company, NowNow has partnered with the Lagos Business School’s (LBS) Sustainable Inclusive Digital Financial Services (SIDFS) to initiate a financial education and literacy program aimed at driving Nigeria’s financial …
  • Best Penny Stocks To Buy Before June 2022 According To These Insiders May 24, 2022 2:35 pm The Daily Collegian - Pennyslvania Who doesn’t love a good deal? Discounts at the grocery store (especially in this economy), clearance items at big-box retailers, and a nice auto sale deal price are excellent. So why not apply this same strategy to investments? You could take Warren …
  • Consul General: Princess-Led Trade Mission Could Presage ‘Second Wave’ of Belgian Investment May 24, 2022 2:27 pm Global Atlanta - Georgia When 150 Belgian companies descend on Atlanta next month, they’ll be seeing a part of the country that doesn’t come up on the radar for most.   But what they may not realize is what Belgian diplomats have noticed over time — that the South, and especially …
  • Inaugural Africa Blockchain Report shows funding growth May 24, 2022 2:22 pm IOL ALTHOUGH Africa’s blockchain and cryptocurrency funding numbers are small compared to other regions, they are certainly growing, according to the inaugural African Blockchain Report, launched this week by CV VC, an African blockchain early-stage fund, in …
  • PayPal crypto features on track to operate long-term: WEF May 24, 2022 2:15 pm Micky The upcoming PayPal crypto features will support the majority of digital currencies as well CBDC on its platform. American fintech company PayPal is on course to integrate all crypto products shortly. Richard Nash, the company’s Vice President, confirmed …
  • The Fintech Files: Kalifa’s rallying cry, pro traders pick bitcoin and Klarna to axe jobs May 24, 2022 2:11 pm FN Financial News A little over a year ago, Ron Kalifa’s review into Britain’s fintech scene landed – and it caused quite a stir. The former chief of payments processing giant Worldpay used the report to suggest how the government and regulators could “retain the UK’s …
  • Intrinio Launches New Video Series Educating Fintechs about Market Data and Exchange Mechanics May 24, 2022 2:00 pm EIN Presswire Intrinio is excited to announce its newest video series that aims to educate viewers about market data. ST PETERSBURG, FLORIDA, UNITED STATES, May 24, 2022 /⁨EINPresswire.com⁩/ -- Saint Petersburg, FL: Intrinio has announced the launch of a new …
  • Venture capital’s big bucks changing the face of London May 24, 2022 1:57 pm BusinessLIVE In the City of London’s 1980s’ heyday most well-behaved investment bankers paid little heed to King’s Cross, then a seedy, drug-ridden den of vice a few kilometres away from their trading floors and wine bars. Today the area attracts tech giants, start-ups …
  • Indian StartUps Empower May 24, 2022 1:42 pm News Track To empower start-ups in the country  Oppo India has launched the second edition of its OPPO Elevate program in collaboration with Microsoft  Oppo   India is looking to recruit projects under two categories Accessible and Digital Health on the theme of …
  • What Subdued Listing Of Delhivery Indicate About Current State Of IPO Markets May 24, 2022 1:27 pm Outlook Loss making Delhivery made a subdued stock market debut on Tuesday. The stock opened for trading at Rs 495 against its issue price of Rs 487 on the National Stock Exchange, marking an upside of 1.6 per cent. On the BSE, Delhivery shares opened for trading …
  • Replays Available from the Influential Companies of the 2022 Sequire Fintech Conference May 24, 2022 1:23 pm Tradingcharts LOS ANGELES, May 24, May 24, 2022 (GLOBE NEWSWIRE via COMTEX) -- EQNX::TICKER_START (NasdaqGM:SRAX), EQNX::TICKER_END SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, …
  • PayRetailers is Heading to iFX EXPO International 2022, Cyprus May 24, 2022 1:20 pm Finance Magnates The Spanish company, specialising in payment processing in Latin America, will be meeting with industry leaders from across Europe, Asia, and the Middle East at the hub of the fintech industry. It’s that time again. PayRetailers, the leading LATAM fintech …
  • Xceptor Announces Key Senior Appointments May 24, 2022 1:20 pm Finance Magnates To enhance its executive leadership team, Xceptor, one of the fastest-growing fintech companies, announced the appointment of Josh Monroe as its Chief Revenue Officer today. Additionally, Xceptor has appointed Ludovic Blanquet as the Chief Strategy and …