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Financial Institutions Are Missing Out on Personalisation

As brands rushed to build seamless and effective omnichannel presences at the start of the pandemic, consumers benefitted from more choice and a renewed focus on better experiences. In the wake of that rush, we now get relevant and personalized experiences when we engage with streaming services, retailers, online grocery platforms and beyond, and have come to expect the same level of tailored service across the board.

Thursday, February 29, 2024 - 10:55
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Financial IT
Stripe Announces Tender Offer to Provide Employee Liquidity

Stripe, a financial infrastructure platform for businesses, has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $65B (€60B) valuation. While the majority of funds for the tender offer are being provided by investors, Stripe will also use a portion of its own capital to repurchase shares to offset dilution from the Company’s employee equity compensation programs.

Thursday, February 29, 2024 - 10:06
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/news/payments/stripe-announces-tender-offer-provide-employee-liquidity
Financial IT
FullCircl Launches W2 White Label Identity Verification Platform

FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements.

Thursday, February 29, 2024 - 09:55
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/news/digital-identity/fullcircl-launches-w2-white-label-identity-verification-platform
Financial IT
Coverdash Announces $13.5M in Series A Funding

Coverdash, the fastest-growing startup and SMB-focused-insurtech, today announced $13.5M in Series A funding. This financing comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16M to date.

Thursday, February 29, 2024 - 09:51
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/news/fundraising-news/coverdash-announces-135m-series-funding
Financial IT
Clear Junction Joins UK Cryptoasset Business Council to Empower Crypto Ecosystem Growth
Clear Junction, a global leader in cross-border payments for regulated institutions, has joined the UK Cryptoasset Business Council (UKCBC) to support and empower the growth of the crypto ecosystem.
 
Thursday, February 29, 2024 - 09:39
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/news/cryptocurrencies/clear-junction-joins-uk-cryptoasset-business-council-empower-crypto-ecosystem
Financial IT
Tangopay Partners with Currencycloud to Offer Its Clients Remittance Without Boundaries

Currencycloud, the experts simplifying business in a multi-currency world, has partnered with UK-based Fintech, TangoPay to further enhance its existing remittance service for its UK-based expat customers by adding real-time competitive foreign exchange (FX) rates and additional localized payment options. 

Thursday, February 29, 2024 - 09:32
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/news/payments/tangopay-partners-currencycloud-offer-its-clients-remittance-without-boundaries
Financial IT
Emma Hagan Appointed Clearbank UK CEO

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, today announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval.

Thursday, February 29, 2024 - 09:26
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/news/people-moves/emma-hagan-appointed-clearbank-uk-ceo
Financial IT
Payhawk Plans to Grow UK Headcount by 44%, As the Global Spend Management Platform Accelerates Hiring Following Strong Annual Performance and New Partnerships

Global spend management platform Payhawk reported 89.4% global annual growth in SaaS revenues in 2023 combined with net revenue retention from new customers in 2023 at 151%. Carrying its strong product momentum into 2024, the company announces several key appointments, key partnerships, product expansions, and hiring across multiple markets. 

Thursday, February 29, 2024 - 09:21
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/news/payments/payhawk-plans-grow-uk-headcount-44-global-spend-management-platform-accelerates-hiring
Financial IT
VyStar Credit Union Selects NCR Atleos Allpoint ATM Network to Support Growth

NCR Atleos Corporation, a leader in expanding financial access for financial institutions, retailers and consumers, today announced that VyStar Credit Union has selected Atleos’ Allpoint ATM Network to expand surcharge-free access to cash for members at trusted locations across the country and support ongoing growth.

Thursday, February 29, 2024 - 09:11
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/news/cash-management/vystar-credit-union-selects-ncr-atleos-allpoint-atm-network-support-growth
Financial IT
Mastercard Open Banking Enhances the Debit and Prepaid Digital Account Opening Experience

Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital account opening process by verifying account ownership, lowering account abandonment, reducing non-sufficient fund (NSF) returns, and minimizing manual entry of payment credentials. 

Thursday, February 29, 2024 - 09:00
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/news/digital-banking/mastercard-open-banking-enhances-debit-and-prepaid-digital-account-opening
Financial IT

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