The financial services sector has seen a radical transformation over the last decade, spurred on by venture capital funding for fintech startups. According to CB Insights, we saw $75.2B invested in fintech startups globally in 2022. The sector, and its increasing collaboration with incumbent banks has introduced new innovations and changed how we interact with financial service providers.
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Embedded Finance Must Adapt to Put Small Businesses First
Tuesday, October 24, 2023 - 08:11
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Financial IT
FV Bank Announces Rollout of Custody Money Market Accounts
FV Bank, a leading U.S. licensed global digital bank, today announced the launch of a Custody Money Market Account for qualified clients. The Custody Money Market Account, now active and operational, provides a unique opportunity for qualified account holders to earn income on their account balance and enjoy easy transfers between their bank accounts and their custody money market account.
Tuesday, October 24, 2023 - 08:02
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/news/digital-banking/fv-bank-announces-rollout-custody-money-market-accounts
Financial IT
6 Things Tax Professionals Need to Know about Cryptocurrency Taxes
As cryptocurrencies gain increasing acceptance and use, tax professionals need to become more familiar with the complex intricacies of these unique assets
Cryptocurrency may be akin to digital money — but it’s a long way from cash for tax purposes. For example, digital assets are classified as property by the U.S. Internal Revenue Service (IRS).
Monday, October 23, 2023 - 16:43
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/blog/crypto-tax/6-things-tax-professionals-need-know-about-cryptocurrency-taxes
Financial IT
2024 Predictions from Finastra
More volatility and uncertainty in 2024: bank treasurers must balance risk and innovation
Wissam Khoury, EVP, Treasury & Capital Markets at Finastra
Monday, October 23, 2023 - 16:36
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/news/banking/2024-predictions-finastra
Financial IT
Earnest and Payitoff Deliver Financial Empowerment with Launch of Student Loan Manager
Earnest, a fintech company empowering students to maximize their financial futures, h
Monday, October 23, 2023 - 16:27
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/news/management/earnest-and-payitoff-deliver-financial-empowerment-launch-student-loan-manager
Financial IT
Mambu Announces Availability in AWS Marketplace
Mambu, a leading Software as a Service (SaaS) cloud banking platform, today announced it is now available in AWS Marketplace, making it one of the first core banking providers on the site.
Monday, October 23, 2023 - 16:22
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/news/saas/mambu-announces-availability-aws-marketplace
Financial IT
ebankIT and Finotta Partner to Provide Global Access to Personalized Financial Guidance
Monday, October 23, 2023 - 15:22
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/news/personal-finance/ebankit-and-finotta-partner-provide-global-access-personalized-financial
Financial IT
Hokodo and Balance Power Cross-Border Payment Terms for Global Merchants and Marketplaces
Hokodo, headquartered in Europe, and Balance, based in the United States, are announcing today a first-of-its-kind partnership that will redefine the global payment terms landscape and create new opportunities for B2B buyers and sellers.
Monday, October 23, 2023 - 14:38
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/news/payments/hokodo-and-balance-power-cross-border-payment-terms-global-merchants-and-marketplaces
Financial IT
Mastercard Targets ‘Friendly’ Fraud to Protect Small Businesses and Merchants
Mastercard has announced its First-Party Trust program, with AI-powered insights, to combat the surging trend in first-party or 'friendly' fraud, where genuine transactions are mistakenly or intentionally challenged by cardholders. The program has been developed in collaboration with industry groups including the US Merchant Advisory Group and Merchant Risk Council.
Monday, October 23, 2023 - 14:31
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/news/payments/mastercard-targets-friendly-fraud-protect-small-businesses-and-merchants
Financial IT
Highnote Expands Payment Platform to Power Consumer Credit Programs
Highnote is proud to announce the expansion of our industry-leading debit, prepaid, and fleet issuing card platform to power consumer credit card products.
Monday, October 23, 2023 - 14:11
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/news/payments/highnote-expands-payment-platform-power-consumer-credit-programs
Financial IT
