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World-leading embedded finance experiences platform, Railsbank, has changed its name to Railsr, and launched a rewards offering, signifying that it is ready to create and deliver the next evolution in the consumer finance experience.
Embedded Finance Experiences
Liberis, a leading global embedded business finance platform, today announced that it has entered into a partnership with Barclaycard to offer its small business customers access to personalised revenue-based finance. The news follows Barclays’ investment of £34.5 million in Liberis agreed in Q4 2021.
In a rare acquisition of a US tech company by an African tech company, MFS Africa, Africa’s largest digital payments network, today announces that it has reached an agreement to buy Global Technology Partners (GTP).
What is this edition of Financial IT really all about?
In theory, it should be very easy to sum up the insights that are, collectively, delivered by our contributors and supporters in an Editors’ letter. Each edition nominally has a main topic – and the contributions are usually related quite closely to that topic.
The Schrems II ruling given by the Court of Justice of the European Union (CJEU) on 16 July 2020 upset the apple cart for organizations across the globe, and the latest iteration of the regulation is generating waves of anxiety among in-house legal teams who are already charged with ensuring that their contracts are updated to comply with the EU’s General Data Protection Regulation (GDPR). Many organizations are now dealing with thousands, if not tens of thousands, of supplier contracts that involve the processing of personal data.
VikingCloud, a leading provider of cyber security and compliance solutions, has announced the appointment of Tracey Luehring as its new Chief Financial Officer.
Triterras Inc., a leading fintech company focused on trade and trade finance, and Unqork, the leading no-code enterprise application platform, today announced they have entered a partnership to further digitize global trade finance. Unqork will be used to enhance the end-to-end trading lifecycle of Triterras’ Kratos platform, one of the largest trading and trade finance platforms in the world.
EarnUp, a San Francisco-based Fintech company offering intelligent payment and data solutions for the mortgage industry, announced the strategic expansion of its executive team to help accelerate EarnUp’s growth and support its mission to create a financial system that works for everyone by transforming the loan payment ecosystem into a key driver for achieving financial wellness
Fraudio, a payment fraud detection and anti-money laundering (AML) solution provider is partnering with Kenbi Authorize More, the developer of an AI platform that helps global merchants and card issuers approve more transactions. The partnership will help solve transaction declines caused by the lack of data available in real-time to issuers when approving or declining e-commerce transactions based on fraud risk.