The consumer credit applications of open finance: a snapshot
Open finance has the potential to help consumers take control of their financial lives.
Consumer/Personal Finance
What the FinTech? | S.5 Episode 10 | Generative AI and cloud core modernisation
In this podcast episode, we chat with Zac Maufe, Head of Regulated Industries at Google Cloud.
Zilch lands £100m in securitised debt financing ahead of planned IPO
Zilch is preparing to launch its IPO in the next one to two years.
Apple to discontinue pay later service in the US
Apple Pay Later first launched in the US 15 months ago.
Apple partners Santander’s Zinia for BNPL financing services in Germany
Enabling Apple’s customers in Germany to split or defer payments when purchasing goods at physical or online stores.
A banking kiosk for a new era of banking
Despite the overall downward trend, a lot of cash is still being withdrawn and used in circulation.
Demystify Podcast: Customer-centric innovation in finance with Anette Broløs and Erin Taylor
In this podcast episode, Dave and Dharm chat with Finthropology founders Anette Broløs and Erin Taylor.
Allpay and The Bank of London partner to streamline payments for the UK social housing sector
Allpay provides a range of payment channels to approximately 90% of the UK’s leading 200 housing associations.
US fintech Solutions by Text lands $110m in growth financing
The firm claims to be the world’s first “FinText” company.
Remittance start-up Félix Pago bags $15.5m Series A funding
The firm enables Latino workers in the US to send money abroad via WhatsApp.
AI as the new frontier: empowering credit unions for future growth
How can credit unions leverage AI to help boost deposits and improve loan growth?
ICYMI fintech funding round-up: Kudos, Teal, WeMoney and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Designing financial services for children with Sunshine+Kittens
UK start-up Sunshine+Kittens is launching a new offering for children designed to help boost financial literacy.
UK’s PSR says Visa and Mastercard face “no effective competition” for core scheme and processing services
The findings are from the regulator’s newly published interim report on scheme and processing fees for cards.
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform
The Malaysian bank plans to launch a digital Islamic banking super-app “by the end of the year”.
Visa seeks to “revolutionise the card” with array of new product launches
New products include a Passkey service, Visa data tokens and the Visa Flexible Credential for payments.
New demands demand new technology
The financial services sector is changing rapidly, driven by new technologies and new approaches.
Dubai Fintech Summit 2024: How the UAE is fostering fintech innovation
There is a huge sense of urgency, commitment and purpose behind fintech in the UAE.
Reimagining the future of money: freedom-bearing, human-centric
Protecting privacy is critical for digital money and CBDCs in order to obtain public trust.
The digital transformation divide in Europe’s banking industry
Europe must harness the full potential of the digital revolution for the continent’s unbanked.
What the FinTech? | S.5 Episode 7 | Digital banking trends in the US
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
Pierre-Yves Guegan named as new COO of CCF Group in France
Guegan’s two decades of industry experience extends to UniCredit, RN Bank and BNP Paribas.
Digital lending platform Blend Labs bags $150m funding from Haveli Investments
Blend will use the cash to repay “all amounts payable” under its existing credit agreement.
State of play: the future of credit
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
Al Etihad Payments partners Core42 to launch open finance across the UAE
The UAE central bank says it will be ready to offer open banking to “the majority of customers” this year.
Enigmatic Smile buys Fidel API’s loyalty business
The sale, for an undisclosed sum, includes all assets associated with Fidel’s loyalty business.
Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
The deal includes Marcus Invest’s accounts and assets under management.
Karma Wallet acquires sustainability marketplace DoneGood ahead of card and membership programme launch
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
UK fintech Wagestream bags £17.5m funding to expand its financial benefits offering
The fintech plans to launch a credit-builder card, loans and an AI-powered financial advice coach this year.
US neobank Mercury enters consumer banking market with Mercury Personal
Customers of Mercury’s latest offering will need to commit to a $240 annual subscription fee.
Klarna to launch credit card offering in the US “over the next few months”
The US is set to be Klarna Card’s fourth market of entry, following earlier launches in Sweden, Germany and the UK.
Innovate Finance flies the flag for the UK’s fintech sector in return of global summit
IFGS 2024 is taking place in London this week, with fintech regulation and innovation high on the agenda.
Video: Chipper Cash at FinovateEurope 2024 – How Africa’s growing middle market is finding power in payments
We chat with Brett Magrath of Chipper Cash about how new paytech solutions are boosting Africa’s middle market.
Video: Symend at Fintech Meetup 2024 – Putting an end to “zombie engagement”
Symend’s Hanif Joshaghani discusses how firms can enhance their digital communication with customers.
Demystify Podcast: Breaking the mould in banking technology with SaaScada
In this podcast episode, Dharmesh and Dave explore the evolving core banking market with SaaScada.
CFPB publishes new report highlighting risks related to financial transactions in video games
Americans spent nearly $57bn on gaming hardware, software, and in-game transactions in 2023.
Human connection in the age of AI
Even in the age of an AI arms race, we can still reclaim what is uniquely human: our empathy.
Is a phone charging cable the new bank card?
Have smartphones completely replaced the need for physical bank cards?
Mobile banking app for kids and teens, Cashee, to launch in Saudi Arabia
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
