Category: digital currencies

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. Lucinity Copilot, the ultimate tool for streamlined workflows, enhanced compliance, and personalized user experiences, empowers the fight against financial crime. Features Confident compliance: Safeguard against financial crime with advanced measures Increased efficiency: Streamline…

Open Banking infrastructure company Axway has acquired Belgium-based e-invoicing specialist AdValvas. The acquisition brings new invoicing and compliance capabilities to Arizona-based Axway. Axway made its Finovate debut last year at FinovateSpring in San Francisco. Open Banking infrastructure company Axway has made an overseas acquisition. The Arizona-based fintech acquired AdValvas, a Belgium-based e-invoicing processes specialist. The…

First Citizens Bank today announced plans to up its tech focus by leveraging capabilities acquired from its March purchase of the failed Silicon Valley Bank.    The $214 billion First Citizens Bank (FCB) will integrate Silicon Valley Bank’s (SVB) technology with its own processes, with further integration plans to be detailed later, FCB Chairman and Chief…

U.K.-based renttech company Goodlord announced a partnership with open banking platform Tink this week. Goodlord will leverage Tink Income Check to help landlords enhance their reference checking process. Headquartered in Stockholm, Sweden, Tink is a two-time Finovate Best of Show winner. Goodlord, a renttech platform based in the U.K., has announced a partnership with open…

Citigroup Inc. plans to debut a new credit card with multiple retailers that consumers will be able use for larger purchases. The new card, known as Citi Pay Credit, comes from the lender’s retail-services unit and will be digital only, according to a statement Wednesday. Citigroup is lining up retail partners for the card and…

Countless American consumers and businesses are struggling to manage their money in meaningful ways that allow them to take advantage of long-term financial opportunities – living paycheck-to-paycheck, operating with minimal to no cash buffers, and trying to borrow without access to affordable credit. Research shows that upwards of 80% of consumers want financial advice from…

Payments giant Visa and open-banking platform Tarabut Gateway are coming together to develop products and solutions through open-banking technology. “Together with Visa, we will leverage our data infrastructure to bring new and improved products to customers,” Abdulla Almoayed, chief executive of Tarabut Gateway, said in a release. The pair will focus on delivering solutions for…

Teslar Software and First National Bank of Oklahoma announced a new partnership this week. The bank will leverage Teslar Software’s technology to streamline its lending processes. The partnership will also enable First National Bank of Oklahoma to better track exceptions and manage documentation. First National Bank of Oklahoma president and CEO Mel Martin called Teslar…