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Embedded Finance: Another Buzz Phrase or a Real Opportunity for the FinTech Sector?

The FinTech industry is picking up speed, and is changing our understanding about financial services and their uses in many fields. One of the reasons for this change is embedded finance. This technology is subtly and significantly transforming entire sectors, as well as creating new opportunities. A study by Juniper Research revealed that the worldwide revenue generated from embedded financial services will surpass $183 billion by 2027.

Thursday, July 13, 2023 - 16:37
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Financial IT
Acuiti Launches Asset Management Expert Network

Acuiti today launches its Asset Management Expert Network, the latest in its series of networks of senior executives focused on the global derivatives markets. 

Acuiti Expert Networks provide a virtual forum through which senior executives can gauge sentiment and benchmark approaches to common challenges. 

Thursday, July 13, 2023 - 16:29
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/news/asset-management/acuiti-launches-asset-management-expert-network
Financial IT
Over Half a Million NatWest Customers are Measuring Their Carbon Footprint with Cogo

The number of NatWest customers accessing Cogo’s carbon impact data through the bank’s app is now over half a million. Officially standing at 585,000 active users, this figure has increased from 334,500 in just four months. 

Thursday, July 13, 2023 - 16:20
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Financial IT
Flywire Partners with Tencent Financial Technology to Streamline Global Tuition Payments from China

Flywire, a global payments enablement and software company, today announced that it has partnered with Tencent Financial Technology, Tencent's fintech arm, to extend Weixin Pay (also known as WeChat Pay) as a payment option for Chinese students and families making education payments abroad. Through this direct partnership with Tencent, Flywire further streamlines the payment experience for students looking to make international tuition and other education-related payments from China.

Thursday, July 13, 2023 - 16:16
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/news/payments/flywire-partners-tencent-financial-technology-streamline-global-tuition-payments-china
Financial IT
Reward Finance Group Launches Wellness Team to Support its Staff Nationwide

Leading SME funding provider, Reward Finance Group has launched a dedicated Wellness Team to provide wellbeing, first aid, mental health and menopause support for staff across its five UK regional locations.

A healthy and supported workforce is the foundation for success, and the team is poised to offer emotional support to all colleagues in need, helping to nurture a thriving workplace together.

Thursday, July 13, 2023 - 14:58
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Financial IT
A Third of Lenders Report Increasing Numbers of Defaulted Loans Over the Last 12 Months

A third (32%) of lenders have seen an increase in borrower defaults over the last 12 months, according to new research from AI-powered transaction analytics firm, Fuse.

Thursday, July 13, 2023 - 14:54
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/news/lending/third-lenders-report-increasing-numbers-defaulted-loans-over-last-12-months
Financial IT
XS.com Announces Sixtus Ughamadu Joins as Country Manager for Nigeria

XS.com, the global fintech and financial services provider, has today announced another addition to a long list of new hires as the firm expands its global presence.

Sixtus Ughamadu has joined the award-winning broker as the new Country Manager for its Nigeria operations.

Ughamadu has over a decade of experience in the financial services industry and will be reporting to Wael Hammad, Chief Commercial Officer (CCO) at XS.com.

Thursday, July 13, 2023 - 14:51
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/news/people-moves/xscom-announces-sixtus-ughamadu-joins-country-manager-nigeria
Financial IT
Alveo Launches DIY Data Modelling to Help Financial Services Firms Onboard New Data Sources Faster

Alveo, a leading provider of cloud-based market data management services, has announced the launch of new data modelling and data onboarding capabilities in its Ops360 platform. The new capabilities allow clients ‘own data analysts to graphically model, onboard and maintain new data sources directly from within Alveo’s Ops360 user interface, enabling them to achieve operational efficiencies. The growing range of data sources required by financial services firms and the wide variety of new content in for example ESG continues to expand.

Thursday, July 13, 2023 - 14:49
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/news/data/alveo-launches-diy-data-modelling-help-financial-services-firms-onboard-new-data-sources
Financial IT
Flutterwave Joins With IATA to Simplify Payments for Airlines Serving Africa

Flutterwave, Africa’s leading payments technology company, has joined the International Air Transport Association’s (IATA) payment orchestration platform to facilitate travel to sub-Saharan Africa. With this integration, airlines across the world are able to process payment from customers through cards, bank transfer, mobile money, alternative payment methods and other payment modes available on Flutterwave.

Thursday, July 13, 2023 - 11:43
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/news/payments/flutterwave-joins-iata-simplify-payments-airlines-serving-africa
Financial IT
Sonovate Adds New Tech Capabilities, Introducing Automation Tools to Help Recruitment Businesses Boost Operations

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, has expanded its offering with the addition of a new solution to automate back and middle office tasks for recruitment agencies of all sizes.

Thursday, July 13, 2023 - 11:40
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/news/alternative-finance/sonovate-adds-new-tech-capabilities-introducing-automation-tools-help
Financial IT

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