Afterpay Shuts Money App, Ends Deal with Westpac
- 4 years 2 months ago
- Payments
Australian fintech Afterpay has announced that it will be closing down its Money app in October just a year after launching, saying that the firm’s acquisition by Jack Dorsey’s Block “means our focus is shifting in a new direction”.
Covr Offers Covr Pro to Bring an Industry-Leading Digital Insurance Platform to Independent Financial Advisors
- 4 years 2 months ago
- Insurtech
Covr Financial Technologies (Covr) has launched Covr Pro (CovrPro.com), bringing its industry-leading digital insurance platform to independent financial advisors. Originally created for and trusted by 30,000 advisors at leading financial firms, this new offering will give independent financial advisors a simple, digital solution for life, long-term care, linked-benefit, and disability insurance.
Gate.io Releases OTC Block Trading Platform
- 4 years 2 months ago
- Trading Systems
Gate.io Group has announced the launch of its over-the-counter trading platform Gate OTC, which will provide fully-licensed OTC crypto trading services catered to institutions and high-net-worth individuals. Services are offered in various countries around the world, supporting several mainstream cryptocurrencies.
Bybit Launchpad 2.0 to Host Token of Okse IEO
- 4 years 2 months ago
- Cryptocurrencies
Bybit, the third most visited cryptocurrency exchange in the world, will list OKSE, the utility token of Okse Card and Okse Wallet, on Bybit Launchpad 2.0.
BLIK Payment System Buy Slovakia's Viamo
- 4 years 2 months ago
- Payments
The operator of the Polish mobile payment system Blik is looking to expand internationally through the acquisition of Slovakian player Viamo. Terms of the deal - which still require the approval of Slovakia's central bank - were not disclosed.
Data-Driven Experiences Critical to Bank Success, as Industry Reaches ‘Inflection Point’
- 4 years 2 months ago
- Data
New research from international digital SME banking specialist, Pollinate, reveals traditional banks’ servicing of SMEs does not correspond with the economic importance of this sector. From talking to nearly 1,000 banking leaders around the world, Pollinate’s latest guide has plotted a path for how traditional banks can accelerate the pace of change by focussing on harnessing the power of data to become the single digital hub for SMEs.
Stubben Edge Group acquires Bonhill Group’s Business Solutions & Governance Division
- 4 years 2 months ago
- Insurance
Stubben Edge Group is pleased to announce the acquisition of Bonhill Groups Business Solutions & Governance (BSG) Division. The BSG Division holds several brands which will be key to Stubben Edge’s further growth and expanded capabilities for customers, brokers, and Independent Financial Advisers (IFAs).
Infront Acquires Assetmax
- 4 years 2 months ago
- Asset Management
Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe. The transaction is expected to be completed by the end of September at the latest, subject to customary conditions.
Capital on Tap Has Secured a £200M Funding Facility
- 4 years 2 months ago
- Fundraising News
Capital on Tap has secured a £200m funding facility with JP Morgan and Triple Point to support UK small businesses. The funding will help small businesses access to credit at a time when the UK is anticipating a recession and facing historic inflation rates.
Brightwell Introduces ReadyRemit to Power Financial Service Providers Global Payments Capabilities
- 4 years 2 months ago
- Payments
As the demand for cross-border payments continues to grow, Brightwell, an Atlanta-based global payments technology company, announced today the availability of ReadyRemit. This comprehensive remittance engine enables FinTechs to capitalize on the digital payments market quickly and easily, building a new revenue stream and driving customer loyalty. The Booming Global Payments Market
Wearable Tech Pioneer DIGISEQ Partners with AdornPay to Bring Passive Wearable Payments to the Netherlands
- 4 years 2 months ago
- Payments
DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with Dutch wearable fashion brand, AdornPay, bringing large-scale wearable payment technology to the Netherlands for the first time.
How Identity Verification and Biometric Authentication are Redefining Security Standards?
- 4 years 2 months ago
- Security
Accessing sensitive information requires effective security measures. Unlike passwords, specialists argue that biometric authentication systems are more efficient because they do not require remembering complex credential combinations. Biometrics, or body measures, such as fingerprint, facial and voice recognition, are widely spread in the financial sector as a user authentication method.
Variable Recurring Payments Available to HSBC Customers
- 4 years 2 months ago
- Open Banking
HSBC UK has rolled out sweeping variable recurring payments (VRP) to all its personal and business customers who use open banking services. VRP allows businesses and consumers to use open banking for recurring payments of varying amounts, without the need to re-authenticate every transaction. The UK's largest banks have been directed to introduce VRP by the Competition and Markets Authority.
Finimize Launches New Stock Data - Democratising Investment Information for the Retail Investor
- 4 years 2 months ago
- Data
Bitesize investing insights platform Finimize, which was acquired by abrdn in October 2021, has expanded its mobile app with stock data.
iiDENTIFii Wins KPMG Tech Innovator in Africa
- 4 years 2 months ago
- Digital Identity
Following the incredible success of the inaugural competition last year, KPMG again called on tech innovators across the continent to bring their innovations to the table with the aim of not only highlighting new technology breakthroughs that transform and revolutionize businesses in diverse industries but to identify those businesses truly leading the pack.
