BofA Launches New Solution to Help Parents Raise Financially Savvy Kids
- 3 months 3 weeks ago
- Personal Finance
Bank of America today announced a new solution to help parents support their children as they begin their financial journeys. SafeBalance Banking® for Family Banking is a bank account that offers parents the tools and resources they need to help their children practice healthy financial habits and learn to manage
PayU GPO Strengthens Nigerian Presence with New Country Manager Appointment
- 3 months 3 weeks ago
- People Moves
Today, PayU GPO, the leading online payment service provider operating in over 50+ emerging markets, announces the appointment of Ugochukwu Eze as Country Manager in Nigeria. Ugochukwu Eze – who has extensive fintech experience spanning 17 years – has served as PayU’s Director/Product Manager in Nigeria for nearly a decade, leading in the conceptualization and development of customer centric solutions critical to the market.
Multitude Bank and Salt Edge Join Forces to Optimize Loan Repayment
- 3 months 3 weeks ago
- Lending
Multitude Bank p.l.c., a core subsidiary of the Nordic-born listed FinTech, Multitude Group, offers digital lending and online banking services to consumers and SMEs across Europe. The Bank has now partnered with Salt Edge, a leading open banking platform, with a goal to enable instant loan repayments.
Creditinfo Appoints Charles De Winnaar as Global Head of Sales Strategy and Sales Operations
- 3 months 3 weeks ago
- People Moves
Creditinfo, a global service provider for credit information and risk management solutions, announces the appointment of Charles De Winnaar as its Global Head of Sales Strategy and Sales Operations. As an experienced sales leader in financial services, Charles will lead Creditinfo’s global sales strategy and operations across its network of 30 credit bureaus.
BILL Extends Leadership in Payments with New Capabilities to Deliver More Choice and Faster Speed for SMBs and Accountants
- 3 months 3 weeks ago
- Payments
BILL, a leading financial operations platform for small and midsize businesses (SMBs), today announced new payment offerings for SMBs and accountants to make payments faster, easier, and more secure. The new capabilities, which are part of BILL’s powerful payments engine, include a new international payment option, Local Transfer, as well as enhancements to BILL’s Instant Payment and Invoice Financing payment offerings.
Klarna and Xero Bring ‘Buy Now, Pay Later’ to Small Businesses
- 3 months 3 weeks ago
- Lending
Klarna, the AI-powered global payments network and shopping assistant, is working with global small business platform Xero, to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option. For Xero’s customers*, offering Klarna’s alternatives to traditional credit means they can get paid up front while their customers don’t have to worry about high interest rates and hidden fees.
Adyen and Klarna Go to the Shops: Klarna Launches on Adyen In-Store Terminals Across Europe, North America, and Australia
- 3 months 3 weeks ago
- Payments
Klarna, the AI-powered global payments network and shopping assistant, will launch its flexible payment methods on Adyen’s physical payment terminals across Europe, North America and Australia. Adyen, the financial technology platform of choice for leading businesses, is the first global PSP to launch Klarna simultaneously on all physical payment terminals worldwide.
Solaris Discontinues Major Parts of EMI Business (Formerly Known as Contis)
- 3 months 3 weeks ago
- Infrastructure
Solaris, Europe’s leading embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis).
eToro Expands Long-Term Savings Offer with Acquisition of Spaceship in Deal Worth Up to $80 Million AUD
- 3 months 3 weeks ago
- Infrastructure
eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD. The acquisition will strengthen eToro’s footprint in a key market for the business, while also broadening its product offering as the company expands its long-term savings proposition globally.
Wealth Managers Struggle to Meet Clients’ Technology Expectations – Avaloq Research
- 3 months 3 weeks ago
- Wealth Management
A quarter (25%) of investors globally would consider switching from wealth managers that fail to modernize and embrace new technology, according to Avaloq, a leader in digital banking solutions and wealth management technology. The new research, conducted among over 3000 investors and 300 wealth managers across Europe, Asia, and the Middle East, found that wealth management professionals are reluctant or unable to use investment advisory tools...
Galileo Launches Secured Credit with Dynamic Funding
- 3 months 3 weeks ago
- Infrastructure
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This...
Kriya Becomes Stripe’s First PayLater Solution for B2B Merchants in the UK
- 3 months 3 weeks ago
- Payments
Kriya, the leading B2B PayLater payments solution, is now available on Stripe, a financial infrastructure platform for businesses. Starting this month, Stripe users can offer flexible payment terms to their business buyers through Kriya.
PayPal Enables Business Accounts to Buy, Hold, and Sell Cryptocurrency
- 3 months 3 weeks ago
- Cryptocurrencies
PayPal Holdings, Inc. announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State.
Mastercard and KaiOS Partner to Simplify Acceptance for Millions of SMEs in Emerging Markets
- 3 months 3 weeks ago
- Payments
KaiOS, the leading operating system that brings the best of the internet to affordable devices, today announced a partnership with Mastercard to integrate a range of digital payments solutions. Beginning in Cote d’Ivoire and Nigeria, Mastercard and KaiOS will deliver affordable payment acceptance devices and stimulate the growth of a more inclusive, connected global economy.
Andy Mielczarek to Step Down as CEO of Chetwood Financial
- 3 months 3 weeks ago
- People Moves
Founded in 2016, Wrexham-based digital bank Chetwood Financial received a restricted banking licence in late 2017 before being granted a full UK banking licence in December 2018. Since 2019, more than £3.5 billion has been deposited with Chetwood Financial’s savings proposition SmartSave.
