The Asian Development Bank (ADB) and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, announced a landmark partnership to promote financial inclusion and access for MSMEs across the Asia-Pacific region. The collaboration will leverage a US$ 5 million grant from the Mastercard Impact Fund to support up to US$ 1 billion of ADB financing to financial institutions for lending toward micro, small, and medium enterprises (MSMEs).
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Asia-Pacific Financing Partnership Supporting MSMEs Focuses on Women and Climate Finance
Monday, December 2, 2024 - 10:15
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Financial IT
Ebury Opens New Office in Dublin to Meet Growing Demand from Irish Businesses
Ebury, the global financial technology firm, is delighted to announce the launch of a new office in Dublin, Ireland, in response to growing demand for Ebury’s services in Ireland’s dynamic and evolving market.
Monday, December 2, 2024 - 09:13
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Financial IT
Experian and Nationwide Join Forces to Speed Up Mortgage Application Process
Mortgage applications are set to become speedier after Nationwide joined forces with Experian to automate the checks needed to verify a customer’s income.
Through Experian’s Work Report™ income and employment verification service, Nationwide is able to digitally confirm homebuyers’ declared income instantly, removing the need for applicants to provide manual income proofs, such as copies of their payslips.
Monday, December 2, 2024 - 08:48
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Financial IT
Offa Purchases Bank of Ireland’s Islamic Home Finance Portfolio
Offa, the UK's leading Islamic property finance fintech, has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal utilising a unique funding structure, including more than 350 home purchase plans.
Monday, December 2, 2024 - 08:31
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Financial IT
Private Markets Platform bunch Launches in the UK
Berlin-headquartered fintech bunch has launched in the UK, bringing its operating system for private equity and venture capital funds to the largest market in Europe. The move builds on a stellar year of growth for the company, which has tripled both its revenue and Assets under Administration over the past 12 months.
Monday, December 2, 2024 - 08:27
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Financial IT
Building a Bank in 12 Months: Insights from Salt Bank, GFT & Engine by Starling
Friday, November 29, 2024 - 11:54
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Financial IT
The Popular Shift Towards Savings Accounts Marketplaces
In 2025, we’ll no doubt see a popular shift towards savings accounts marketplaces. As individuals seek better ways to plan for retirement and build their savings, the convenience of keeping their money within one ecosystem is becoming difficult to ignore.
Friday, November 29, 2024 - 11:30
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Financial IT
Embedded Finance and the Re-Bundling of Financial Services
In 2025, the great re-bundling will accelerate – driven by financial institutions themselves, but also increasingly by non-financial services (FS) brands.
Previously only available directly from the source, the growth of embedded finance has seen financial services embedded directly into the ecosystem of popular brands. So far we have seen businesses such as retailers integrate select services, initially with a focus on convenient payment options — BNPL being the most obvious example.
Friday, November 29, 2024 - 11:27
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Financial IT
KPMG UK Joins FinTech Scotland
KPMG UK has joined FinTech Scotland, the cluster management organisation for fintech in Scotland. The two organisations will work closely together to help foster innovation, accelerate growth and drive technology adoption within the Scottish financial technology sector.
KPMG UK’s commitment adds additional expertise to Fintech Scotland’s cluster continuing to develop Scotland’s leadership as a fintech cluster as well as supporting the firm’s plans for further growth in Scotland.
Friday, November 29, 2024 - 09:19
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Financial IT
20th Edition Connected Banking Summit Innovation & Excellence Awards 2025 – East Africa
The 20th Edition Connected Banking Summit Innovation & Excellence Awards 2025 is set to take place on March 12, 2025, in Nairobi, Kenya, bringing together key stakeholders from the banking, financial services, and insurance (BFSI) sectors to address the future of digital banking in East Africa.
Friday, November 29, 2024 - 08:59
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Financial IT
