Community First Credit Union Partners with TruStage™ Payment Guard Insurance to Enhance Indirect Auto Lending
- 4 months 2 days ago
- Payments
Committed to safeguarding its members in their times of need, Santa Rosa, Calif.-based Community First Credit Union announced today it has partnered with TruStageTM, a financially strong insurance, investment and technology provider, to integrate its Payment Guard embedded insurance strategy into the credit union’s indirect auto loan channel. With the implementation of this innovative strategy, its members could be protected during disruptive...
Visa to Acquire Featurespace
- 4 months 2 days ago
- Payments
Visa today announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of Featurespace will complement and strengthen Visa’s portfolio of fraud detection and risk-scoring solutions used by clients around the world to grow and protect their businesses.
Scotiabank Expands Partnership with Nova Credit to Enhance Digital Credit Access for Newcomers Across Canada
- 4 months 2 days ago
- Lending
Scotiabank is helping recent immigrants to Canada settle into their new lives faster with the expansion of its partnership with Nova Credit, the leading cross-border credit bureau operating in Canada.
OnDeck: Main Street Optimism Remains High as Digital Financing and Payment Solutions Expand
- 4 months 3 days ago
- Infrastructure
Small businesses are overwhelmingly optimistic about their future growth, according to the latest Small Business Cash Flow Trend Report from OnDeck, the leading small business lending company at Enova and Ocrolus, the document AI and cash flow analytics platform for lenders. Key findings include:
Trulioo and Airwallex Expand Global Partnership
- 4 months 3 days ago
- Digital Identity
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership expansion with
BofA Launches New Solution to Help Parents Raise Financially Savvy Kids
- 4 months 3 days ago
- Personal Finance
Bank of America today announced a new solution to help parents support their children as they begin their financial journeys. SafeBalance Banking® for Family Banking is a bank account that offers parents the tools and resources they need to help their children practice healthy financial habits and learn to manage
PayU GPO Strengthens Nigerian Presence with New Country Manager Appointment
- 4 months 3 days ago
- People Moves
Today, PayU GPO, the leading online payment service provider operating in over 50+ emerging markets, announces the appointment of Ugochukwu Eze as Country Manager in Nigeria. Ugochukwu Eze – who has extensive fintech experience spanning 17 years – has served as PayU’s Director/Product Manager in Nigeria for nearly a decade, leading in the conceptualization and development of customer centric solutions critical to the market.
Multitude Bank and Salt Edge Join Forces to Optimize Loan Repayment
- 4 months 3 days ago
- Lending
Multitude Bank p.l.c., a core subsidiary of the Nordic-born listed FinTech, Multitude Group, offers digital lending and online banking services to consumers and SMEs across Europe. The Bank has now partnered with Salt Edge, a leading open banking platform, with a goal to enable instant loan repayments.
Creditinfo Appoints Charles De Winnaar as Global Head of Sales Strategy and Sales Operations
- 4 months 3 days ago
- People Moves
Creditinfo, a global service provider for credit information and risk management solutions, announces the appointment of Charles De Winnaar as its Global Head of Sales Strategy and Sales Operations. As an experienced sales leader in financial services, Charles will lead Creditinfo’s global sales strategy and operations across its network of 30 credit bureaus.
BILL Extends Leadership in Payments with New Capabilities to Deliver More Choice and Faster Speed for SMBs and Accountants
- 4 months 3 days ago
- Payments
BILL, a leading financial operations platform for small and midsize businesses (SMBs), today announced new payment offerings for SMBs and accountants to make payments faster, easier, and more secure. The new capabilities, which are part of BILL’s powerful payments engine, include a new international payment option, Local Transfer, as well as enhancements to BILL’s Instant Payment and Invoice Financing payment offerings.
Klarna and Xero Bring ‘Buy Now, Pay Later’ to Small Businesses
- 4 months 3 days ago
- Lending
Klarna, the AI-powered global payments network and shopping assistant, is working with global small business platform Xero, to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option. For Xero’s customers*, offering Klarna’s alternatives to traditional credit means they can get paid up front while their customers don’t have to worry about high interest rates and hidden fees.
Adyen and Klarna Go to the Shops: Klarna Launches on Adyen In-Store Terminals Across Europe, North America, and Australia
- 4 months 3 days ago
- Payments
Klarna, the AI-powered global payments network and shopping assistant, will launch its flexible payment methods on Adyen’s physical payment terminals across Europe, North America and Australia. Adyen, the financial technology platform of choice for leading businesses, is the first global PSP to launch Klarna simultaneously on all physical payment terminals worldwide.
Solaris Discontinues Major Parts of EMI Business (Formerly Known as Contis)
- 4 months 3 days ago
- Infrastructure
Solaris, Europe’s leading embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis).
eToro Expands Long-Term Savings Offer with Acquisition of Spaceship in Deal Worth Up to $80 Million AUD
- 4 months 3 days ago
- Infrastructure
eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD. The acquisition will strengthen eToro’s footprint in a key market for the business, while also broadening its product offering as the company expands its long-term savings proposition globally.
Wealth Managers Struggle to Meet Clients’ Technology Expectations – Avaloq Research
- 4 months 3 days ago
- Wealth Management
A quarter (25%) of investors globally would consider switching from wealth managers that fail to modernize and embrace new technology, according to Avaloq, a leader in digital banking solutions and wealth management technology. The new research, conducted among over 3000 investors and 300 wealth managers across Europe, Asia, and the Middle East, found that wealth management professionals are reluctant or unable to use investment advisory tools...