Author: TMC Admin

Customer relationship management provider Salesforce has announced its collaboration with GoHenry, as the necessity for financial education remains prevalent. The prepaid debit card and app, which provides financial education for six to 18-year-olds, is to leverage the technology of Salesforce, including centralised collaboration through Slack and the deployment of both its service and marketing clouds,…

GoCardless has launched two of its latest open banking features in Germany, offering one-off payments and fraud prevention capabilities.  The direct bank payment solutions fintech has unveiled two open banking features through the introduction of Instant Bank Pay and Verified Mandates. The fintech’s Instant Bank Pay feature allows merchants to take instant, one-off account-to-account payments…

Consumer intelligence Talkwalker has released its latest report, High Street vs Challenger Banks. It examines how the future of banking in the UK is seeing rapid and irreversible change, with challenger banks hot on the heels of high street banks. High street banks lead the way with the lion’s share of voice in the sector,…

The Fintech Times Bi-Weekly News Roundup on Thursday reveals a slew of senior hires for Mambu and  funding success for Prime Trust. Investment and funding Prime Trust, a provider of financial infrastructure for fintech firms, has raised over $100million in its Series B funding round. It has now raised more than $170million in funding. The…

The UK Government is to apply more stringent regulations to the buy now pay later (BNPL) industry; as many continue to turn to payment instalments to manage the rising cost of living.  In the announcement made on Monday, 20 June, the Government outlined its intentions to introduce BNPL systems and providers to a wider regulatory…

Stripe, a financial software as a service is launching a new infrastructure for bank transfers, which automates all reconciliation and creates a simplified refund process. It will be first made available in the EU, UK, Mexico, and Japan. Traditionally, bank transfers require manual reconciliation, whereby teams of accountants are employed to match incoming bank transfer…

A new report from Economist Impact, titled Threat assessment 2022: digital competition in global finance, found 54 per cent of c-suite execs believed their financial institutions have faced greater competition over the past three years from digital alternatives, however, they are now in a better place to compete. The survey which was commissioned by WSO2,…