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

• Southeast Asia is the fastest growing region for mobile wallets in the world with 25.5% CAGR and overall growth of 311% in the next five years
• Latin America and Africa & Middle East are the second and third fastest growing regions, set to expand by 166% and 147% respectively by 2025
• Between 2020 and 2025 the number of mobile wallets transacting over USD $1 billion per year will increase by 27% creating a growing acceptance challenge for merchants

LiquidShare, a fintech leveraging blockchain technology to develop solutions for post-market players and its partners, AXA Investment Managers, BNP Paribas Securities Services, Caceis Bank, Caisse des Dépôts, CIC Market Solutions, Crédit Agricole Titres, EUROCLEAR, EURONEXT, Kriptown, La Banque Postale, ODDO BHF, ODDO BHF AM, OFI AM and Société Générale Securities Services successfully completed the experiment on the use of central bank digital currency (CBDC) for interbank settlement purposes.