Category: Doing Business Overseas
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5 questions with … UMB Bank Chief Information and Product Officer Uma Wilson
UMB Bank Chief Information and Product Officer Uma Wilson has focused on bringing together the technology and product development teams since assuming her role at the Kansas City, Mo.-based bank in 2021. Uma Wilson, chief information and product officer, UMB Bank The collaboration brings different viewpoints and better understanding of consumer needs, Wilson said, noting,…
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Search Experience Platform Yext Announces Early Access Availability for its Summer ’22 Release
Search Experience Platform Yext announced the early access availability of its Summer ’22 release. The New York company specializes in helping companies improve the way customers query their websites and apps for information about their businesses. Yext made its Finovate debut in 2020 at FinovateFall. Yext, a technology firm that leverages AI to collect and…
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Uber Launches New Driver Debit Card
Uber is launching a new debit card with tandem checking account. The Uber Pro debit card is made available via partnerships with Mastercard, Marqeta, and Branch. Uber Pro cardholders can receive up to 7% cashback on fuel purchases. Uber’s latest attempt to attract more drivers to its platform comes in the form of a debit…
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3 considerations fintechs are exploring for payment cards
The recent explosion of fintechs entering the market is evidence of a rapidly changing financial sector, offering new solutions to consumers who are looking for more convenient ways to use their money. As fintechs and digital banks alike grow their customer base, many recognize the importance of combining a physical card strategy with a digital…
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Opportunities in difficult times
The economic situation is grim and some experts fear that we will end up paying a big price for Russia’s invasion of Ukraine and persistent manufacturing delays from China because of the ongoing Covid pandemic. JPMorgan Chase CEO, Jamie Dimon went so far as to say “Brace yourself for an economic hurricane.” Everyone is preparing…
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Finovate Global Germany: Ecolytiq Partners with Tatra Banka; Airbank Inks Deal with Klarna Kosma
This week’s edition of Finovate Global takes a look at recent fintech developments in Germany where green banking, embedded finance, and open banking are the themes at the top of this week’s fintech headlines. First up, Berlin-based Sustainability-as-a-Service innovator ecolytiq announced that it was teaming up with Slovakian financial institution Tatra Banka. The climate engagement…
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Citi pushes on repeat-investment CVC strategy
Citi’s investment in early-stage companies has paid off for the bank, providing them an insider’s view before determining the long-term visibility of a strategic partnership. “The bigger role of a strategic investor is not really to find unicorns … the goal should be around finding a good company early and helping them build a product…
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By the Numbers: Banking apps and RPA adoption gain popularity
Americans are leaning into technology to better understand their finances, keep track of their net worth and reach long-term financial goals. People of all ages are leveraging financial apps to manage their money in fact, 58% of Americans surveyed believe that financial apps, including investment, management and banking apps are important factors in achieving their…
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Rapyd to Power Rakuten Viber’s New Viber Pay
Rapyd has partnered with Rakuten Viber this week. Rapyd will facilitate in-app payments for Viber users. “Through this partnership, Rakuten Viber can confidently step into the world of payments and become a leader in embedded finance, supported by Rapyd’s licensed end-to-end fintech offerings,” said Rapyd CEO Arik Shiltman. Payments platform Rapyd partnered with consumer-facing messaging…
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Jack Henry Partners with Victor Technologies to Boost Real-Time Payment Capabilities
Jack Henry & Associates announced a partnership with Victor Technologies. The partnership will help Victor Technologies move forward with its instant payments strategy. Jack Henry & Associates serves more than 8,000 customers in the U.S. via its Jack Henry Banking, Symitar, and ProfitStars brands. Financial services provider Jack Henry & Associates has partnered with Victor…
