Lingering recessionary fears are causing consumers to still cut spending according to the Q3 2023 Consumer Pulse Report released today by Marqeta, the global modern card issuing platform.

Today Financial IT speaks with Maxim Ivanchenko, the owner and CEO at Advapay, a Core Banking software provider.

1. Can you tell me what Advapay does?

Fxview, a Forex and CFD industry leader that has made the headlines with its exclusive service offering and commitment to client service, announces its participation in the iFX EXPO International 2023. The broker is also the Elite Sponsor of the prestigious fintech event, securing a central position in front of the industry elite.

Regulated firms struggling to keep pace with criminals who disguise the illegal source of their funds can now identify potentially dirty money in just one minute thanks to powerful new technology. 

Leading UK digital compliance provider SmartSearch has developed it’s Source of Funds solution as part of its recently launched enhanced platform.

Bitso —the leading financial services company powered by crypto in Latin America— announced that today it will integrate with the Polygon PoS protocols, offering $MATIC token on/off ramping natively on Polygon PoS. This hits a big milestone for Bitso, as it is their first ever native integration with a Layer 2, and a huge step forward that responds to requests of the crypto community in Latin America. 

Legislation for the wider financial services sector is ever-changing, with the transformations over the past decade being driven by rapidly advancing technological and social landscapes. 

These last few years we have witnessed many businesses rapidly embrace the cloud in a bid to stay competitive in an ever-evolving digital world. For businesses adopting an all-cloud strategy, the migration to public cloud offered greater scalability and cost savings – with companies only needing to pay for what they needed.

Visa Inc. and Currencycloud, the experts in simplifying business in a multi-currency world, today launched Visa Cross-Border Solutions, delivering cross-border money movement solutions for banks, fintechs, FX brokers, corporates, and other payment institutions. 

Swan, the emerging leader in embedded finance, today announced it has secured a €37 million Series B investment round led by Lakestar, alongside reinvestment from Swan’s existing investors.

Treasury4, an enterprise software platform offering modern tools for treasury and finance practitioners, announced today that it has raised $20 million in Series A funding led by WestCap, with participation from Cowles Company, Fortson VC, Voyager Capital, Kick-Start Seed Fund, and W.T.B