FICO Platform Produced a Significant Return on Investment for Businesses According to New Total Economic Impact Study
- 6 months 3 weeks ago
- Infrastructure
FICO released the first ever independent study of FICO® Platform return on investment (ROI) in the Total Economic Impact™ (TEI) study conducted by Forrester Consulting at its annual FICO® World, the industry's
Klarna Boosts Climate Fund with $2M as It Unveils New CO2 Removal Innovators to Receive Funding and Doubles Its Internal Carbon Tax
- 6 months 3 weeks ago
- Infrastructure
Klarna, the AI powered global payments network and shopping assistant, has announced a further $2M worth of funding as part of its Climate Transformation Fund in collaboration with Milkywire. The charitable fund, which enables companies to invest in impactful climate solutions, was launched in 2021. To date Klarna has contributed $7m to climate projects and by the end of 2024 will support over 45 organizations tackling the climate crisis.
Almost 500 Fintech Deals Worth Approximately $70B Closed in Q1 2024, Royal Park Partners Reveals
- 6 months 3 weeks ago
- Infrastructure
Royal Park Partners (RPP), the leading fintech-focused corporate advisors, have released their latest Quarterly Fintech Market Update offering an essential view of global fintech investment and M&A trends shaping the sector.
Business Confidence Holds Steady Highlighting Optimistic Outlook from UK Businesses
- 6 months 3 weeks ago
- Infrastructure
Lloyds Bank’s latest Business Barometer has found that overall business confidence is unchanged in April – staying at 42%. The result means the overall confidence figure remains at an elevated level compared to the Barometer’s long-term average (28%), with only January 2024 seeing businesses report higher levels of confidence (44%) in the last 12 months.
Time Is Running Out for Building Societies to Digitalise: Half of Customers Report Difficulties Engaging with Services
- 7 months 1 day ago
- Infrastructure
Building societies could be missing out on attracting a new generation of customers and retaining current ones by failing to accelerate their digital propositions and experiences according to a new report, “Digitise or die”: a call to arms for building societies’, from Moneyhub.
Feedzai Concludes Record-Breaking Fiscal Year 2024: Delivering Cash-flow Positive Results with Growth Acceleration Led by 88% Growth in Behavioral Biometrics Solutions
- 7 months 2 days ago
- Infrastructure
Feedzai, a leading provider of financial crime and risk management solutions, today announced record-breaking results for its 2024 fiscal year, delivering a strong combination of revenue growth acceleration and positive free cash flow margins. Business expansion was highlighted by the rapid expansion of Feedzai’s behavioral biometrics business, which grew 88% year-over-year.
Zumo Joins Forces with Crypto Carbon Ratings Institute (CCRI) to Combat the Carbon Footprint of the New Wave of Crypto Funds
- 7 months 3 days ago
- Infrastructure
Zumo, the B2B digital assets infrastructure prioritising compliance and sustainability, today announces a new strategic partnership with Crypto Carbon Ratings Institute (CCRI), which provides data on the carbon exposure of investments and business activities related to blockchain.
Former Tesla Fintech Head Spins Off Aspiration's Consumer Financial Brand to Serve Growing Demand for Climate-Friendly Financial Products
- 7 months 3 days ago
- Infrastructure
In response to the growing demand for climate-friendly financial services, fintech and sustainability industry veteran Tim Newell has reached an agreement with climate finance company Aspiration Partners, Inc., to spin off Aspiration's green consumer financial services brand into a new standalone company.
Zero Circle and Epic River Launch Alliance to Accelerate Green Financing
- 7 months 4 days ago
- Infrastructure
Epic River and Zero Circle today unveiled an alliance to integrate their digital platforms, aiming to accelerate the process of securing green financing. This collaboration brings together Epic River's lending-as-a-service platform, which connects financial institutions with unique and local community lending opportunities, and Zero Circle's green finance marketplace, designed to streamline access to green capital for mid-tier organizations.
Nium Expands Regional Footprint in Asia; Signs Partnership MOU with Indonesian Payments Infrastructure Leader, Artajasa
- 7 months 4 days ago
- Infrastructure
Nium, the global leader in real-time cross-border payments, today announced it will sign a partnership Memorandum of Understanding (MOU) with Artajasa, one of Indonesia's leading payment infrastructure companies. Artajasa operates the switching services banks and fintechs use to facilitate fast, secure, and reliable electronic transactions.
BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations
- 7 months 5 days ago
- Infrastructure
BMO today announced the launch of its Greener Future Financing program in the United States – its first climate financing program to help small and medium-sized businesses build future-ready, climate-resilient operations.
Oracle Cloud Service Enables Banks to Manage Climate Change Risk Across Portfolios
- 7 months 5 days ago
- Infrastructure
Earth Day -- Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions. To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service.
Klarna and Milkywire Open Global Biodiversity Fund to Other Companies
- 7 months 1 week ago
- Infrastructure
Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where to start.
Beyond Banking: Tandem Bank Announces New Commitment to Local Causes
- 7 months 1 week ago
- Infrastructure
Tandem, the UK’s greener, digital bank has announced it has transformed its charity partnerships program in 2024 with a bold commitment to support five charities across its offices. The bank also wants to encourage genuine involvement rather than just financial support and will, therefore, provide employees two days of paid volunteering annually. It will also target 1 million minutes of volunteering by 2026. Five causes close to home,... more
Pioneering Initiative Launches to Accelerate Disability Inclusion in Fintech
- 7 months 1 week ago
- Infrastructure
Project Nemo, a pioneering disability inclusion initiative launches today, urging the fintech industry to better serve the UK’s largest minority and accelerate disability inclusion efforts.
