With the shift to work from home many banks are dealing with situations they might not have ever had to...
Ally Financial recently added an automated savings tool to their product set that the company believes will help them deepen...
OpenFin has raised $15 million for its capital markets software business from Bain Capital Ventures, DRW Venture Capital, JPMorgan, Euclid Opportunities, Nyca Partners, Pivot Investment Partners and an undisclosed list of angel investors and financial industry executives; the OpenFin software can easily automate upgrades and has a unified interface for desktop applications; it is utilized by sell-side and buy-side analysts for a range of applications. Source
Brazil based Nubank is launching internationally soon as they plan to launch a credit card product in Mexico by the...
The card network is working with new partners such as FIS and Moneris to connect banks, fintechs and merchants on its Visa Installments Solution platform. Its goal is to provide access to a broader spectrum of consumers than these companies can reach in one-off deals, CEO Al Kelly said.
On March 28, credit startup Bilt Rewards launched for the general public, bringing their "Earn points on Rent" solution to the mainstream.
By the end of the year, if it can clear regulatory and technical hurdles, the bank plans to launch tokenized dollars people could use to buy anything on the internet.
9F Group has invested in a blockchain company called Wyre in Silicon Valley; the Group will establish its Southeast Asia headquarters in Singapore soon; plus it already has 9F Primasia Securities in Hong Kong. Source (Chinese)
The current crisis has shown itself to have a long list of unintended consequences and increased reserves on payments is...
Australian based digital bank Xinja has raised a massive $260mn investment round from Dubai-based investor Emirates World Investments; Eric Wilson,...