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FinTech

03/06/2024

Temenos Named a Leader in North America for Small Business Lending and Customer Experience Solutions

Temenos recognized by IDC for its comprehensive digital banking and lending platforms, as well as its support for alternative credit data sources for lending decisions, and composable banking features that provide choice and flexibility for bank clients

03/06/2024

Citi Ventures invests in bank-to-bank loan marketplace Capstack

Citi's investment, the size of which has not been disclosed, comes after a $6 million funding round last year for Miami-based Capstack.

03/06/2024

Innovate or stagnate: Creating value from technology in asset management

Asset management was slower to embrace the transformational power of technology.

03/05/2024

Bitcoin ETF mania is boosting BlackRock and Fidelity, which together have captured 79% of inflows into ‘Newborn Nine’

The selling has broadly eased, with daily outflows slowing to a daily average of $138 million in February from January’s $403 million.

03/05/2024

Leading Financial Firms Test Blockchain Forex Trading on Avalanche's New Spruce Subnet

Financial giants like T. Rowe Price and WisdomTree venture into blockchain with Avalanche's Spruce subnet, aiming to revolutionize forex trading.

03/05/2024

Vencora acquires CREALOGIX

CREALOGIX was founded in 1996

03/01/2024

Apple stops 'thinking different' and joins the AI herd: Morning Brief

A blow to all who longed to see exactly which generation Fiat 500 Jony Ive would have paid homage to.

03/01/2024

Wells Fargo, Merrill to offer bitcoin ETFs to wealth management clients: Bloomberg

Clear investor demand for BTC funds has convinced some firms to make them available to clients, Edelman Financial Engines founder says

03/01/2024

Microsoft launches AI-powered Copilot for Finance

The AI-powered tool is designed to support users in managing the overwhelming amount of financial data and channel information into a useful medium.

02/29/2024

Socure and Trustly Partner to Offer Industry-First Streamlined Onboarding and Open Banking Payments Process for Merchants and Fintechs

By combining Socure's accurate and inclusive identity verification and fraud prevention ID+ platform with Trustly's guaranteed Pay by Bank offering, merchants can onboard users and process payments in one integrated flow.

02/27/2024

Google Pay to shut down in the US

In 2022, Wallet made a comeback, replacing Pay in most countries but Google decided to offer both apps in the US.

02/27/2024

ZA Bank launches US stock trading solution

ZA Bank providing a new solution for its customers and expanding their horizons.

02/26/2024

Fidelity Director Predicts Bitcoin’s Market Cap Could Surge to $6 Trillion, Reshaping Digital Gold Landscape

The foundation of Timmer’s forecast lies in Bitcoin’s current valuation of $1 trillion

02/26/2024

Goldman Sachs analyst who left to found GenAI firm is now working longer hours

Barona, a Colombian immigrant and Cambridge graduate, said that despite the current gloom of the fintech environment, she was “keen to move on to the next phase of my life.”

02/22/2024

E-Commerce Grows But Trust in Digital Channels is Uneven: Chubb Survey

Latin American consumers leapfrog other global regions in embracing e-commerce channels

02/22/2024

Fintech paying engineers $424k per head running on "skeleton crews"

One Plaid employee told us the company "can't afford any more" layoffs to tech, product and support roles.

02/21/2024

US hospitality fintech Toast to cut 550 jobs as part of restructuring plan

The fintech says the plan, which was approved by its board of directors this month, is intended to “promote overall operating expense efficiency”.

02/21/2024

Iress reports 2023 financial results

The product and technology separation of the South Africa & Canada businesses from the core businesses is also progressing.

02/20/2024

Top US Bank, Commerce goes live with loan origination on Temenos banking platform

Temenos Infinity solution enables Commerce to create a fast, omni-channel origination experience for securities-based loans and lines of credit

02/16/2024

Cisco plans to cut more than 4,000 jobs, after sales growth stalls

Networking company grappling with corporate spending slowdown

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