Digital Investment Platform Stackwell Closes $3.5M Round

Partnerships 

ACI Worldwide and CARDNET Partner to Modernize Digital Payments in Japan

Neobanks are shaking up the fintech (financial technology) industry with their innovative technologies and unique business models. Sometimes referred to as “challenger banks,” neobanks are fintech companies that offer financial services solely digitally or via a mobile app, without physical branches.

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has released a full suite of Thai Overnight Repurchase Rate (THOR) analytical data enabling customers to better view the changing Thai Baht market.

Fusion Risk Management, Inc. ("Fusion"), a leading provider of operational resilience, business continuity, and risk management software and services, today announced its innovative Scenario Testing functionality was named 'OpRisk Scenarios Product of the Year' at the Risk Technology Awards 2022.   

Manchester-based buy now, pay later (BNPL) fintech business, Payl8r, has been announced as a finalist in the ‘Best Retail Finance Provider’ category at the Consumer Credit Awards 2022, and will compete against credit giants PayPal and Klarna.

Philippine fintech company Digido is pleased to announce the promotion of Country Manager Kirill Kalashnikov as the Regional Director for APAC of Singapore-headquartered parent company Robocash Group.

In the same week, it announced plans to axe nearly a quarter of its staff, and trading app Robinhood has lost chief product officer Aparna Chennapragada.

Chennapragada joined the company from Google a little over a year ago as its first chief product officer to oversee all product, design and research.

Goldman Sachs’ credit cards unit is undergoing investigation by the Consumer Financial Protection Bureau (CFPB).

Eight Ukrainian startups selected by Ukrainian Startup Fund will participate in TechBBQ 2022 on behalf of the country. Among them is the payment orchestration platform Akurateco. The company offers a brandable, white-label solution allowing users to own the end-to-end, ready-to-use PCI DSS gateway.