Archive for July 2023
Global fintech funding takes hit in H1 2023 amid ‘enormous headwinds’
The Americas was the only region to grow fintech funding in the first six months of 2023, while payments fintechs secured the largest share of funding by subsector.
Read MoreAffirm becomes exclusive US pay-over-time partner of Cathay Pacific
The airline’s customers will be able to choose to pay for flights in bi-weekly or monthly instalments.
Read MoreVanquis Banking Group buys money-saving app Snoop
Snoop’s chief executive officer John Natalizia called Vanquis Banking Group “the perfect partner to help the business grow”.
Read MoreJP Morgan backs Tifin’s new fintech launchpad Tifin.AI
US-based Tifin.AI will develop AI-powered fintechs for the wealth management industry.
Read MoreMajority of UK SMEs still rely on banks for cross-border payments despite pain points
However, research by Neo, found that CFOs at SMEs are looking beyond traditional banks to non-banking payment solutions for their cross-border payment needs.
Read MoreBNZ joins forces with Volley to bring ‘request to pay’ to New Zealand
BNZ’s customers will be able to use the Volley app to split bills and other payments, when it launches.
Read MoreTrueLayer integrates VRPs on UK investment platform InvestEngine
InvestEngine, an ETF platform, will offer TrueLayer’s Open Banking VRPs to help more people “invest regularly and with flexibility”.
Read MorePix payments exceed credit, debit card transactions in Brazil
The data, published in a report by Matera, showed that since Pix launched, credit and debit’s share of transactions has been in decline.
Read MoreFemale founders cite lack of female decisionmakers as major hurdle
A survey by Pink Salt Ventures revealed 97% of female founders believe they are treated differently than their male counterparts.
Read MoreInsight: Turning turbulence into triumph – the impact of SaaS platforms
Mambu’s head of customer value Ben Thomas explains how financial institutions have navigated disruption with the use of true SaaS platforms.
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