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UK Finance’s Business Finance Review has revealed that SME lending reached GBP 3.5 billion in the fourth quarter of 2023.
report, SME lending, SMEs, financial services
The Open Finance Association (OFA) has released its statement regarding the Centre for Finance, Innovation, and Technology’s (CFIT) Open Finance Blueprint Report.
Open Finance, data sharing, Open Banking, financial inclusion, financial services, lending
US-based cloud banking firm nCino has signed a definitive agreement to acquire automated business onboarding tool for financial institutions DocFox.
acquisition, cloud services, financial services, digital onboarding
Canada-based fintech Nuvei has revealed its intention to evaluate several proposals that would take the company private.
payments , fintech, transactions , financial services
Australia-based HeirWealth has announced its integration with US-based financial technology firm Envestnet | Yodlee, aiming to incorporate Open Banking data sharing technology.
wealth management, financial data, data sharing, Open Banking, partnership, financial services
The Independent Community Bankers of America (ICBA) has added four solutions from Jack Henry to its Preferred Service Provider (PSP) programme.
product upgrade, fintech, banking, financial services
North America-based Financial Data Exchange (FDX) has announced that 76 million consumer accounts are currently leveraging its FDX API for Open Finance data sharing.
financial services, digital banking, API, financial data, data sharing, Open Finance
The Federal Reserve Financial Services (FRFS) has announced the establishment of a FedNow User Group for financial institutions and their service providers.
product launch, financial institutions, financial services, instant payments
Germany-based SAP has announced a new composable payment solution to help retailers keep up with changing customer expectations.
product launch, retail, payment methods, financial services
The Albanese government has opened a consultation on draft legislation that would categorise BNPL products as credit in Australia.
BNPL, regulation, financial services, compliance
EchoPay has launched its Open Banking solutions in order to improve customer experience and reduce payment costs for foodservice wholesalers in the UK.
product launch, Open Banking, Open Finance, payments , online banking, mobile banking, digital banking, financial services, financial institutions
MeaWallet, a digital payments enabler specialising in card tokenisation, has partnered with Fondeadora, a Mexico-based financial service provider.
online banking, mobile banking, tokenization, financial services, digital payments
India-based IndusInd Bank has announced its partnership with Mastercard, in order to launch Indus PayWear, an all-in-one tokenizable wearable solution.
partnership, product launch, digital wearables, payments , financial services, financial institutions, online payments, mobile payments, digital payments
Emanuel van Praag and Eugerta Muçi discuss EU initiatives like the Accessibility Act and Financial Data Access Regulation, emphasising safeguarding vulnerable consumers in digital finance.
financial inclusion, digitalisation, financial services, PSD3, PSR, FIDA, Accessibility Act, artificial intelligence, banking, fintech, regulation, EBA, RTS, SCA, data
Switzerland-based Temenos has announced its partnership with InCountry in order to provide secure data residency for the Temenos Banking Cloud.
partnership, banking, cloud services, cloud banking, online banking, mobile banking, digital banking, financial services, financial institutions
Global technology company Wise has obtained a Type 1 licence in Japan to support higher transaction limits.
transactions , fintech, financial services, product upgrade
VoPay, an Embedded Payment technology, has partnered with Cross River Bank for an expansion of VoPay's operations in the United States.
partnership, expansion, payments , financial services
The UK government has announced its initiative to publish a National Payments Vision, in order to accelerate the development of the local payments ecosystem.
product launch, payments , ecommerce, banking, mobile banking, digital banking, online banking, financial services, financial institutions
Israel-based AI-enabled AML provider ThetaRay has announced that the Pan-Africa Payment and Settlement System (PAPSS) selected it as its AML and screening partner.
partnership, AML, compliance, cross-border payments, financial services, financial institutions
A significant devaluation of Revolut, one of the UK's prominent fintech companies, has been indicated by a major shareholder.
banking license, fintech, financial services, digital banking