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€35B of Customer Deposits Across Europe Now Held by Electronic Money Institutions

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds that EMIs now hold deposits of €35 billion across Europe—an increase of 84% from 2019—but often struggle to find a banking partner that meets their needs.

Wednesday, January 31, 2024 - 10:11
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/news/banking/eu35b-customer-deposits-across-europe-now-held-electronic-money-institutions
Financial IT
BR-DGE Joins with Discover® Global Network to Drive Global Acceptance

Leading payment orchestration provider BR-DGE has today announced its latest collaboration with Discover® Global Network, a leading payments network, to support its global growth.

Wednesday, January 31, 2024 - 10:06
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/news/payments/br-dge-joins-discoverr-global-network-drive-global-acceptance
Financial IT
SellersFi Announces Financing Solution With Amazon Lending To Provide E-Commerce Sellers Credit Lines Up to $10M

SellersFi, a global e-commerce financing and financial services company, today announced a financing solution with Amazon that will provide eligible Amazon sellers with access to credit lines of up to $10 million through Amazon Lending.

Through this relationship, eligible Amazon sellers can now seamlessly access broader lines of credit to support their Amazon stores.

Wednesday, January 31, 2024 - 09:08
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/news/lending/sellersfi-announces-financing-solution-amazon-lending-provide-e-commerce-sellers-credit
Financial IT
Sweden’s Northe Supercharges its Electric Vehicle Charging Platform with Brite Payments

Brite Payments, a leader in instant bank payments, today announced that it has partnered with Northe, a one-stop platform for electric vehicle (EV) charging, to provide customers with a more streamlined payments process.  

Wednesday, January 31, 2024 - 08:55
58347
/news/payments/swedens-northe-supercharges-its-electric-vehicle-charging-platform-brite-payments
Financial IT
Plumery Partners with Sumsub to Bring Digital Onboarding to ‘Headless’ Digital Banking Platform

Today Plumery, a leader in mobile and digital banking technology, and Sumsub, a global full-cycle verification platform, are pleased to announce their technological partnership.

Wednesday, January 31, 2024 - 08:45
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/news/digital-banking/plumery-partners-sumsub-bring-digital-onboarding-headless-digital-banking
Financial IT
51% of Bankers Expect FedNow Payments to be Profitable within Three Years
Tuesday, January 30, 2024 - 15:13
58345
/news/payments/51-bankers-expect-fednow-payments-be-profitable-within-three-years
Financial IT
Mastercard and BOK Financial Corporation Announce Expanded Payments Agreement

Mastercard and BOK Financial Corporation today announced an expanded agreement making Mastercard the exclusive payments network across BOK Financials’ debit and commercial portfolios, as well as extending its relationship with BOK Financials' TransFund processing business. Both companies will build an innovative, inclusive, and sustainable future in banking, grounded in the shared values of advancing the communities they serve.

Tuesday, January 30, 2024 - 15:08
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/news/payments/mastercard-and-bok-financial-corporation-announce-expanded-payments-agreement
Financial IT
GoHenry Urges Government to Prioritise Financial Education from Primary Age at Education Select Committee Inquiry

As GoHenry continues its push for financial education to be made compulsory in all primary schools, CEO and co-founder, Louise Hill, gave oral evidence to the Education Select Committee’s inquiry into strengthening financial education in England this morning.

Tuesday, January 30, 2024 - 14:37
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/news/personal-finance/gohenry-urges-government-prioritise-financial-education-primary-age-education
Financial IT
CO2IN Announces a New Partnership with iDenfy to Verify the Identities of Carbon Credit Buyers

iDenfy, a Lithuania-based RegTech company offering identity verification technology and fraud prevention tools, announced a new partnership with CO2IN, a Czech fintech and sustainability business that focuses on reducing carbon emissions with the release of its carbon credits to the world.

Tuesday, January 30, 2024 - 14:11
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/news/digital-identity/co2in-announces-new-partnership-idenfy-verify-identities-carbon-credit-buyers
Financial IT
CarGurus Partners with Chase to Expand Consumer Financing Options

CarGurus, the No.1 visited digital auto platform for shopping, buying, and selling new and used vehicles, today announced the addition of Chase to its multi-lender financing platform, expanding options for consumers looking to pre-qualify for auto financing from the comfort of their homes.

Tuesday, January 30, 2024 - 13:58
58341
/news/lending/cargurus-partners-chase-expand-consumer-financing-options
Financial IT

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