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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
Sameer Singh Jaini and Shashank Shekhar from The Digital Fifth explore India's fintech shift fuelled by digital payments, neobanking, and BaaS and uncover trends like B2B payments, cross-border innovations, and digitised lending.
fintech, payments , BaaS, lending, paytech, artificial intelligence, digitalisation, PaaS, API, machine learning, embedded payments, B2B payments, UPI
UK-based Lloyds Banking Group has joined the Open Property Data Association to speed up home buying and selling through a standardised approach.
lending, financial data, financial services, data sharing
US-based multi-lender point-of-sale platform ChargeAfter has announced the launch of The Lending Hub, a platform that is set to improve how banks provide lending solutions.
digital banking, online banking, mobile banking, lending, embedded lending
Global fintech services company TrueNorth has partnered with Brim Financial to provide consumer, SME, and commercial credit card solutions to banks and fintechs in the US and Canada.
financial services, financial institutions, partnership, SMEs, lending, credit card
Cryptocurrency exchange Gemini has agreed to return at least USD 1.1 billion to customers as part of a settlement with the NYDFS.
cryptocurrency, cryptocurrency exchange, lending, refund
The Centre for Finance, Innovation, and Technology (CFIT) has published a report detailing the benefits that Open Finance can deliver for UK consumers and businesses.
Open Finance, Open Banking, data sharing, financial inclusion, financing , lending
Mobility and urban services platform inDrive has launched inDrive Money, offering cash loans to drivers operating on its platform in Mexico.
lending, financial inclusion, product launch, credit card, expansion
Nigeria-based digital bank FairMoney has entered discussions to buy Umba, another Nigeria-based digital bank Umba, in a USD 20 million all-stock deal.
acquisition, expansion, digital banking, lending, financing
UK-based fintech company BankiFi has announced its partnership with Praetura in order to optimise SME lending and provide them with access to growth funding.
partnership, product launch, banking, online banking, mobile banking, digital banking, lending, financial services, financial institutions
Netherlands-based financial services provider Mollie has announced the launch of Mollie Capital in the UK to provide retailers with up to GBP 250,000 in financing for growth.
lending, funding, expansion, SMEs, retail
Switzerland banking platform Temenos has announced that US-based Commerce Bank has adopted its loan origination solution.
partnership, banks, financial services, lending
US Bank has recently forged a partnership with Pagaya Technologies, a global tech firm specialising in AI-powered solutions for lenders worldwide.
personal finance management, lending, credit scoring, partnership
FLOOSS, a pioneering fintech entity has announced upcoming Sharia compliance, focusing on establishing itself in Bahrain.
Open Banking, digital wallet, lending, API
Australia-based money management platform Parpera has partnered with Emu Money, an online lending platform, to improve business access to finance.
partnership, money management, lending, financial services, online platform
Austria-based VakifBank International has selected Intellect Global Consumer Banking’s (iGCB) Intellect Digital Core and Digital Lending to transform its overall banking experience.
digital banking, API, artificial intelligence, lending, expansion
UK-based embedded finance partner for brands, Aro has announced its collaboration with Equifax in order to deliver a new data-driven marketplace.
partnership, product launch, data, payments , online payments, mobile payments, digital payments, credit access, lending
US-based multi-lender point-of-sale platform ChargeAfter has been selected by Citi Retail Services as a technology provider for its Citi Pay products.
partnership, digital payments, lending, payments , merchant
UK-based fintech Phoebus has launched a cloud-native SaaS mortgage servicing platform, following investments in new technology.
API, SaaS, lending, cloud, fintech
Crypto lender Celsius has announced it will distribute USD 3 billion in crypto to its creditor as the company’s bankruptcy is officially closed.
cryptocurrency, lending, mining, Bitcoin, PayPal