Category: digital currencies

Current, a fintech offering financial services such as savings, early payday deposits and a debit card, on Tuesday opened its 4-million-member platform via an API, with the first integration being Plaid’s financial ecosystem. Current’s API platform was built to facilitate integrations for its customers with other fintechs, allowing for other embedded banking experiences, a Current…

Wealth management giant Envestnet has acquired business intelligence provider Truelytics, the company announced today. Truelytics offers a software as a service (SaaS) digital platform based on performance data and proprietary banking and investment formulas. The company maintains partnerships with companies including the $615 billion financial services firm TIAA, Fidelity Investments, Lincoln Investment and Cetera Financial…

FinovateSpring 2022 goes live next week. From Wednesday, May 18 through Friday, May 20, FinovateSpring returns to San Francisco, California for three days of innovative fintech demonstrations, insightful mainstage presentations, and lively debates and panel discussions on the most critical topics in fintech today. To help get you ready for next week’s event, here’s an…

Bitcoin users in LatAm will now be able to send the cryptocurrency to any Lightning-enabled Wallet as a result of Tauros‘ partnership with IBEX, as the Bitcoin exchange adopts all- Lightning Network power.  “Lightning is leading the most radical financial empowerment in history and will set a new standard for the rest of the networks…

Earlier this month, Buy Now Pay Later (BNPL) giant Klarna announced it will start reporting its customer data to credit agencies, advising to them who pays on time and who falls behind on their debt.  Potential lenders will be able to see transactions and debts when checking consumers’ credit scores, with the move having the…

What is Cybersource and how is it providing today’s merchants with seamless acceptance and, more importantly, fraud management? Economic development advisor, Richie Santosdiaz, on behalf of The Fintech Times, sits down with Neil Caldwell, senior vice president for merchant sales and acquiring at Visa’s Central Europe, Middle East and Africa (CEMEA) operations to discuss Cybersource and how the…

Today, M&A deals in the financial sector have rebounded from early-pandemic levels and are on track for another amplified year in 2022. A particular area of M&A growth from 2021 came from bank mergers, which grew in the US by 25% from the year prior – a significant increase compared to global figures. Mergers bring…

Like brakes to a bicycle, fintech must exist within the realms of regulation if it is to ditch its ‘wild west’ persona. Indeed, the adoption of various elements of the industry, like cryptocurrency, has ultimately suffered due to the lack of regulation that surrounds and supports them. Throughout the entire month of May, The Fintech…

According to the Korn Ferry Institute, by 2030 the tech industry labour-skill shortage will reach 4.3 million workers and an unrealised output of $449.70billion globally. Therefore companies seek to prioritise international growth and the Baltic countries are considered a hub for tech talents. Tech specialists needed globally The United States can expect to lose out…