Category : Fintech News

The Power of Paperless: Report Highlights Strengthened Digital Connectivity Between UK and Thailand

The connection between the UK, the world’s third-largest digital economy, and Thailand, the second-largest digital economy in the Association of Southeast Asian Nations (ASEAN) has never been stronger; and it’s all thanks to the power of...

Checkout.com Adds Card Issuing Service to Growing Payments Plus Offering

Checkout.com, the global payments solution provider, has announced at Thrive, its annual customer event, the launch of card issuing. This will enable businesses to issue fully customisable virtual and physical cards. Businesses can now diversify reve...

Now is the time to invest in Black-owned banks

In the past two weeks, millions of dollars shuffled from startup and investor bank accounts housed in the collapsed Silicon Valley Bank to the JPMorgans, Brexes and Wises of the world. As founders and investors continue looking for new places to park...

PSR Demands PSPs’ Data on App Scam Mitigation in Fresh Attempt to Stamp Out Fraud

The Payment Systems Regulator (PSR) has ordered the UK’s largest payment service providers (PSPs) to demonstrate how effectively they are handling authorised push payment (APP) scams. The PSR is directing 14 of the UK’s largest PSPs to co...

Former Stripe engineer raises $4M for Beam, a fintech startup out to help contractors get paid faster

Beam, a five-month-old startup out to more easily help general contractors pay subcontractors and get paid themselves, has raised $4 million in a seed funding round led by Accel. Both the startup’s founder and lead investor previously spent years wor...

Behind the Idea: Griffin

No matter what extent of experience you’re leveraging, building, verifying and launching a fintech product that’s able to keep abreast with the fast-paced nature of the industry has become harder than ever. David Griffin, CEO and co-foun...

UK Government Funds Innovation Lab to Advance Fintech Regulation Research in Scotland

FinTech Scotland has secured funding from the UK government to accelerate innovation in Scotland’s fintech space. All funding aims to advance research and innovation in financial regulation. The funding comes following a successful bid by Glasg...

Esker: Money In, Money Out: The “New” Explosion of Invoice-To-Cash

According to a recent study from Versapay and Wakefield Research, 73 per cent of executives believed that the I2C process is vital in creating a positive experience for customers. Further, 80 per cent of respondents cited I2C miscommunication as the...

PAY360 2023: Day Two Highlights

We take a look back on some of the highlights from day two of the PAY360 conference, hosted by The Payments Association – featuring industry expert insights into all things payments. Throughout the second day of the PAY360 conference, CBDCs, di...

Payments Are A Utility, Banking Is Not. Let’s Separate Them.

Just like the electricity network or the water system, not only are payments a utility but they are also critical infrastructure. Banks, Stock Markets and VCs are not.

Fintechs Able to Experiment With ChatGPT in IBP Processes Following Jedox Integration

Jedox, a provider of enterprise performance management (EPM) solutions for financial planning and analysis (FP&A), has created a ChatGPT integration model. This model enables finance, sales, HR, marketing, supply chain, and environmental, social,...

Low-Cost Hospital Cash Insurance Product With Funeral Benefits Launched in Uganda

Airtel Mobile Commerce Uganda Limited (AMCUL) has announced a strategic partnership with Prudential Assurance Uganda Limited and insurtech Turaco Insurance Brokers LTD to provide ‘Hospital Sente’, a low-cost hospital cash insurance product with funer...

Southeast Asian credit fintech Kredivo scores $270M Series D

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an...

Spotlight: Slow Progress as Gender Diversity in Finance Still Lags Behind

The financial industry still struggles with gender diversity, as women barely hold positions in the highest salaried roles, despite recent progress. ESG Book, a sustainability data and technology company, has identified a worrying lack of female rep...

GTreasury Launches ClearConnect Gateway to Improve Corporations’ Treasury Teams

GTreasury, a treasury and risk management platform provider, has announced the launch of ClearConnect Gateway, a uniquely-comprehensive global bank API connectivity suite. ClearConnect Gateway offers GTreasury customers a giant step forward from issu...

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