Category: Doing Business Overseas
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Personal Finance App Nude Becomes GoCardless’ First Variable Recurring Payment Customer
Nude has selected the online payment processing solution of GoCardless to power the payments for its users to save and invest for their first home deposit. The deal will see the personal finance app using the GoCardless network to move money from a saver’s bank account into its Nude Lifetime ISA. By utilising GoCardless’ suite…
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Thai Fintech Forward Finds Funding From Cryptocurrency Platform Zipmex
The Thai-based fintech Forward has received investment from the southeast Asian cryptocurrency platform Zipmex as part of a series of investments aimed at promoting and supporting blockchain projects and entrepreneurs. Zipmex has invested in Forward, a Thai-based decentralised finance platform situated on the EVM chain that offers a decentralised derivative exchange, lending and borrowing pools…
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Greenlight Unveils Credit Card
Challenger bank Greenlight launched a credit card, the Family Cash Card. The card offers up to 3% cash back and allows users to automatically invest the rewards into a mutual funds or ETFs. This is Greenlight’s first credit card and first product marketed to parents. Family-focused fintech Greenlight revealed plans this week to launch a…
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Bank Automation Summit 2022 Fall agenda
The Bank Automation Summit Fall 2022 agenda is set, with sessions on developing for the cloud, embedded finance and robotic process automation (RPA) governance. The September event also features a greater focus on networking and peer interactions, including a roundtable discussion on automation, innovation and budgeting strategies. Photo by CanStock Bank Automation Summit Fall 2022…
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Citi deploys its tech officers to minority-owned banks in DEI effort
Citi is furthering its “technology for good” focus, deploying two tech leaders to serve as chief technology officers at minority-owned community banks and turning to open banking in its diversity, equity and inclusion (DEI) efforts. The initiative, announced today but enacted earlier this month, saw Abhijit Bhattacharya, Citi director of engineering and partnerships, join $187…
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Real-time anti-fraud, AML solutions to bolster Jack Henry’s payment products
Core and digital banking solutions provider Jack Henry is adding real-time fraud and anti-money laundering (AML) solutions to its software stack to keep up with continuing growth — and a range of fraud — in digital payments. The company has taken on the new fraud and AML solutions because of the speed they can achieve,…
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Where is Regtech Missing The Mark? Insight from Salv, Smarsh & Qredo
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 Times will…
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Unlimint Expands Its Latin American Portfolio With PicPay Addition
London-based global fintech Unlimint, has announced it is expanding its local payment methods portfolio with the addition of Latin America’s largest digital wallet, PicPay. The platform will enable merchants to access over 60 million customers in the region. Unlimint is an award-winning global fintech offering advanced payment capabilities through an evolving financial interface to businesses…
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PayerMax Becomes the Latest Advocate of Financial Inclusion and Digital Payments in MENA
PayerMax is to establish a foothold in the Middle East and North Africa (MENA) to continue its support for local payment methods; which currently extends to Southeast Asia, South Asia, South Korea and Latin America (LATAM). The omni-method collection and disbursement solution has announced its intention to engage and partner across MENA’s rich digital payments,…
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Em Conversa: Global eCommerce with Ebury
Em Conversa looks to uncover the secrets in Latin America (LatAm) that have caused the fintech market to boom, from being worth less than $50million in 2016, to $2.1billion in 2022. This week we head back to Brazil to learn about international eCommerce opportunities from Ebury’s CCO, Fernando Pierri. Fernando Pierri, CCO at Ebury Expanding a company…
