Category: Doing Business Overseas

The votes have been cast and counted! Meet the winners of Best of Show for FinovateSpring 2022: Array for its financial enablement platform, specializing in embeddable tools and white label solutions, used by leading financial institutions. FinGoal for its insights platform that cleans, enriches, and analyzes personal financial data to better understand users and provide actionable…

NetApp, a cloud-led, data-centric software company, has revealed that a year on, UK consumers still do not trust their banks to protect their data. 78 per cent of Brits say they feel their money is safe at their bank, but only 60 per cent feel the same when it comes to their personal data. The…

Are we headed for another Eurozone bond melt down ? Don’t say it too loudly but history looks like it is repeating itself. Yields on Italian bonds are climbing and the differential between Italian and German sovereign debt are widening. Heard it all before? Of course you have because the root causes have never been…

BharatPe, an Indian fintech, has announced the launch of Investment Platform for its merchant partners. This platform will enable RBI regulated entities to market their investment products to over eight million BharatPe merchants across the country. In the first phase, the company is going live with P2P investments and bank deposit products with its partners…

Unit received $100 million in Series C funding this week. The funding boosts the company’s total investment to $170 million and brings its valuation to $1.2 billion. The company, which will unveil its business credit card in the next few months, will use the investment to accelerate its product development and expand into credit offerings.…

SAN FRANCISCO — Digital transformation is trending in the lending community, but while many banks initiate the process “very few actually succeed,” Starling Bank founder and Chief Executive Anne Boden said Wednesday at FinovateSpring 2022. “Everybody wants to transform, everybody wants to be a new, innovative, creative player,” Boden said. “But actually, launching a digital…

Deutsche Bank has enabled real-time application programming interface (APIs) access for treasury clients through an agreement with enterprise resource management company FinLync, the bank announced Wednesday. The $1.4 trillion Deutsche Bank, which began its API work in 2015, already enables corporate clients to connect directly to its 4,000 developer-strong Developer Portal for self-service onboarding and…

As the $26 billion Arvest Bank looks to modernize its technology stack and move to the cloud, APIs will be key. Chief Product and Strategy Officer Richard Pulliam, an API veteran, was hired earlier this month by the Fayetteville, Ark.-based bank to help revamp its legacy systems. Pulliam has been working with APIs going back…

The US Bitcoin ATM network Coinsource has formed a partnership with Kwik Trip to introduce Bitcoin ATMs to its 800-strong retail empire across the midwest and northeast US.  With installations already underway, Coinsource is establishing new Bitcoin ATMs through its partnership with the convenience store and gas station operator. Kwik Trip currently controls 800 retail…