The group has published the results for January-September 2020. Despite the challenging time, it has improved its portfolio quality and all the performance indicators, by optimizing the core business processes.

Red Hat, Inc., the world's leading provider of open source solutions, today introduced new capabilities for Red Hat Enterprise Linux and Red Hat OpenShift intended to help enterprises bring edge computing into hybrid cloud deployments.

Proptech Goodlord has partnered with challenger credit reference agency and Open Banking provider, Credit Kudos, to improve the rental process for agents, landlords and tenants by allowing more accurate assessments of a tenant’s financial situation.

The partnership enables Goodlord’s letting agent customers to build a more accurate picture of an individual’s personal finances, such as income and expenditure, to give a clear indication of their overall creditworthiness, using Open Banking.  

96% of businesses have had outstanding payments for 10+ days over the last year, according to a new Forrester Consulting study commissioned by GoCardless, a leading fintech for recurring payments.

Juvo, a pioneer of financial identities for the underbanked, today announced a new partnership with Mastercard. Juvo was accepted into Mastercard’s global fintech startup engagement program, Start Path, last August. Now, Juvo is collaborating with Mastercard’s Latin America and Caribbean (LAC) team to introduce its FiDaaS (Financial Identity as a Service) platform to hundreds of financial institutions across the region.

Revolut announced today the introduction of Open Banking for its users in Germany. With the new feature, German customers can now connect their accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse with the Revolut App and view all their finances in one place - directly from their smartphones.

ConsenSys has acquired the team and technology of Truffle. Among the most widely used blockchain developer tools, the Truffle Suite is a development environment, testing framework, and asset pipeline all rolled into one. The terms of the acquisition were not disclosed.

Over the last decade, the payments industry has changed significantly. Today, financial institutions require their system to be flexible and offer them the ability to bring products and services to the market quickly to be able to compete in the market. However, many continue to operate on card-based platforms that are entering their fourth decade, instead of moving to moving to modern, third generation payments platforms which were built to provide FIs with the means to launch ground-breaking products and solutions suitable for the market today, and in the years to come.

The advanced financial apps that are in use today are the natural outcome of increasing synergy between modern technology and the financial sector. With technology influencing every aspect of financial services, right from wealth management to data security, it comes as no surprise that it’s major impact is being levied on the apps.

On that note, here’s taking a closer look at the technologies that are in demand in the popular financial apps. And, in this context, let’s also discuss the apps that are benefiting the most from this.

The Barcelona-based startup PayRetailers (PayR) helps companies that want to enter the markets in the LATAM region with its diverse suite of payment options through a single integration.