Fintechs aim to challenge traditional financial services thinking with the use of innovative technologies. In doing so, they can often provide a better user experience than entrenched methods. These improvements include speeding up transactions, lowering the number of rejected payments, giving greater insight into finances, and creating more seamless payment processes.

Funding Xchange has been a leading provider in the digital assessment of SME lending applications since 2014. Leveraging this experience, Funding Xchange has created a platform which delivers assessment of eligibility and affordability across products. FXE Technologies makes these digital solutions available to banks and lenders to instantly triage customers against underwriting models while transforming customer conversion and engagement.

Open Banking works for everybody – consumers, businesses and banks alike. Better service levels and user experience, improved security, faster payments and cost savings are just some of the benefits. So why, asks Bottomline’s Paul Fannon, MD of Global Business Solutions, is there a long-term decline in the number of businesses, particularly SMEs, preparing themselves for this brave new world.

For businesses of every size across the economy, what’s not to like about Open Banking?

Fintechs to co-develop tailored version of Finastra’s Fusion Opics treasury solution for Chinese market

• Anne-Sophie joins from Crédit du Nord Group and will lead Ebury’s activities in France
• ​Appointment reflects Ebu2ry’s ambitions in the French market following its partnership with La Banque Postale, and continued international expansion

Ebury, a leading global FinTech, has announced the appointment of Anne-Sophie Matthieu as the new Country Manager of its French division.

The ability to adapt to higher levels of supply chain uncertainty is now essential for global companies and their suppliers

• New partnerships with WellnessLiving and Tevalis will allow merchants to take payments through a trusted, secure and compliant platform
• This will also help businesses deliver seamless online and in-store checkout experiences, which is critical as the economy reopens
• In addition, Barclaycard Payments extends its partnership with BigCommerce, to offer a faster, digital on-boarding service to small and medium-sized businesses

Intelligence Squared launches a special series of debates titled “Intelligence Squared Crypto: Debates Within Cryptocurrency”, in partnership with EQONEX Group, the Nasdaq-listed digital asset financial services company.

Fintech industry veterans join a growing team as global payment provider opens new regional headquarters