Trade Republic Celebrates its 5th Birthday with 4 Million Customers and Introduces a New Card with a 1 Percent Saveback Reward for Every Card Payment
- 2 years 6 months ago
- Management
Five years after launch, Trade Republic has grown to Europe’s largest broker and leading savings platform. Currently, 4 million customers in 17 countries invest with Trade Republic, managing assets of around 35 billion euros. While passing ECB interest rates of currently 4 percent p.a. to customers, Trade Republic closed its financial and calendar year in 2023 with a net profit.
Hitachi Payment Services Completes Acquisition of Writer Corporation’s Cash Management Business
- 2 years 6 months ago
- Cash management
Hitachi Payment Services, India’s leading end-to-end payments and commerce solutions provider, today announced that it has completed its acquisition of Writer Corporation’s Cash Management Business and unveiled its new name – Hitachi Cash Management Services, in line with Hitachi’s single brand identity. Hitachi Cash Management Services Pvt. Ltd. would be a wholly owned subsidiary of Hitachi Payment Services Pvt. Ltd.
Bitso Business Enabled US$8 Billion Payment Transactions in 2023
- 2 years 7 months ago
- Transaction Banking
Bitso, the leading financial services company powered by crypto in Latin America, announced that during 2023 reached a 60% growth in its operation of the Bitso Business division, which reached an annualized volume of 8 billion dollars globally. Over the past year, 1,700 institutional clients traded at least once a month through Bitso. Such organizations use Bitso payment rails and blockchain-based technology for mass pay-ins and pay-outs to... more
FOMO Pay and Zand Bank Partner to Facilitate Cross-border Payments, Enhancing Financial Connectivity Between Asia and MENA
- 2 years 7 months ago
- Transaction Banking
FOMO Pay, a Singapore-based digital payment leader, has joined forces with Zand Bank, the UAE's first digital bank, in a strategic partnership to facilitate seamless cross-border payments between the dynamic markets of Asia and the Middle East and North Africa (MENA).
LHV Bank Joins Flagstone for its Personal Savings Products
- 2 years 7 months ago
- Personal Finance, Cash management
LHV Bank, one of the UK's newest licensed banks, has announced that its Personal Savings products are now available on Flagstone, the UK’s leading cash deposit platform. Both organisations share a like-minded digital-first heritage, with a clear focus on delivering a streamlined and accessible customer experience. The Flagstone platform will be a key channel to market for LHV Bank ahead of the planned launch of its consumer savings offering via... more
61% of Brazilians That Travel Abroad Still Use Cash
- 2 years 7 months ago
- Cash management
Revolut, a global financial app with over 35 million customers around the world, identified that 61% of Brazilians who travel abroad still use cash and buy foreign currency in exchange brokers. The information is part of a study developed by the company to understand the behaviors of Brazilian travelers when it comes to financial products for international travel.
ASDA Expands Use of NCR Atleos ATMs to Enable Convenient In-Store Cash Access
- 2 years 7 months ago
- Cash management, ATMs
NCR Atleos Corporation (“Atleos”), a leader in expanding financial access for financial institutions, retailers, and consumers, today announced that Asda Stores Limited (ASDA), a leading U.K.-based retailer, has selected Atleos as its ATM network partner to provide its shoppers with easy, secure access to c
Cashflows Advance Launches to Meet Demand for Flexible, Fixed-fee Business Funding
- 2 years 7 months ago
- Cash management
Today, Cashflows, the platform that makes it easy for businesses to accept payments, launches Cashflows Advance – a new service that enables eligible merchants to access frictionless funding without the fixed monthly repayments of traditional funding.
Coincover and Utila Partner to Enhance Crypto Asset Management
- 2 years 7 months ago
- Management
Coincover, the blockchain protection company, has joined forces with Utila, a cutting-edge enterprise-grade crypto operations platform. This strategic partnership brings together Coincover’s renowned protection solutions and Utila’s secure, non-custodial wallet infrastructure.
Banque Edel Partners with Fabrick to Modernise Gift Card Invoicing in France
- 2 years 7 months ago
- Transaction Banking
Fabrick, a European pioneer in Open Finance, and Banque Edel (E.Leclerc) are excited to announce a collaboration aimed at modernizing the invoicing process of gift cards for its CSE customers.
Viamericas Commits to Increase Direct-to-Account Digital Remittances by 20% as a Founding Partner in the Financial Inclusion Consortium for Central American Remittances.
- 2 years 7 months ago
- Transaction Banking
Viamericas Corporation, an international, licensed remittance company, has joined as a founding member of the new Financial Inclusion Consortium for Central American Remittances (FICCAR) launched by the Partnership for Central America (PCA) to support the mission of increasing financial inclusion for people in Central America. As part of the consortium, Viamericas is pledging to increase the number of remittances sent directly to bank accounts... more
Flourish Cash Announces Fourth Increase in FDIC Insurance Coverage This Year
- 2 years 7 months ago
- Cash management
Flourish, a platform that provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced that Flourish Cash
Finotta Launches Deposit Estimate Calculator to Help Financial Institutions Realize Deposit Growth Potential
- 2 years 7 months ago
- Management
Finotta, a provider of embedded fintech for digital banking, proudly launches its deposit estimate calculator, allowing financial institutions to quickly assess how much they could earn in potential initial deposits within the first year of offering Finotta’s Personified platform.
Banking Circle to Explore Tokenised Deposit Innovations with Ant Group
- 2 years 8 months ago
- Transaction Banking
Banking Circle S.A. today announced a partnership with Ant Group to work on a pioneering liquidity management project, exploring technology innovations on tokenised deposits which will improve efficiency and speed of global fund settlements. Banking Circle infrastructure and the blockchain platform developed by Ant Group will be leveraged to issue and distribute the tokenised deposits. The blockchain platform can facilitate cross-border payments... more
TD Securities Selects Paxos Settlement Service for Commodities to Drive Simultaneous Counterparty Settlement
- 2 years 8 months ago
- Management
Paxos, the leading regulated blockchain infrastructure platform, has announced that TD Securities has become the latest financial institution to join the Paxos Settlement Service for Commodities.
