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Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
US-based identity verification provider Socure has announced that auto finance company Exeter Finance has chosen the Socure ID+ platform for onboarding its new customers.
identity verification, artificial intelligence, machine learning, fraud prevention, digital onboarding
API solutions provider Orum has launched Verify, a service that validates US-based consumer and business bank accounts.
identity verification, digital verification, bank account, product launch, online security
New Zealand-based digital wallet Dosh has launched the Stashes offering to help Kiwis manage their money more effectively.
digital wallet, mobile banking, product launch, personal finance management
Socure, a provider of digital identity verification and fraud solutions, has entered a USD 95 million, three-year credit facility with JP Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.
funding, investment, digital identity, digital onboarding, KYC
partnership, BNPL, ecommerce, credit card, online payments
Card issuing platform Marqeta has integrated the Mastercard Track Instant Pay virtual card solution to enable instant payment of supplier invoices.
partnership, product launch, payments , online payments, e-invoicing, instant settlement, merchants, payments orchestration, payment processing, machine learning, B2B payments
Philippines-based neobank Tonik has launched two lending products, Flex Loan and Big Loan, to further financial and credit inclusion.
online banking, neobanks, lending, interest rate, digital banking, equity
Singapore-based fintech BigPay has launched a cryptocurrency top-up feature in partnership with licensed crypto payment gateway TripleA.
cryptocurrency, partnership, product launch, digital assets, fintech
The Swiss government has planned to create a central registry to track who owns legal entities in a move to fight money-laundering via shell companies.
AML, fraud prevention, compliance, financial crime
Sigapore-based fintech BigPay has launched Stashes, a virtual account that allows users to organise and save money that is separate from the BigPay wallet.
product upgrade, digital wallet, remittance, spend management, money transfer
Singapore-based digital bank Tonik has secured 100 million in consumer deposits within 8 months after launch, having previously achieved USD 20 million in deposits in 1 month after launch.
banks, digital banking, lending, cloud services, neobanks, Mastercard
El Salvador, the only country in which Bitcoin is a legal tender, has announced plans to build an entire city based on the cryptocurrency.
cryptocurrency, Bitcoin, digital assets
funding, banks, digital banking, financial services
Starling Bank, Kite, children, card, Starling account, child-friendly account, spending tracking, online payments, cards, Starling Kite, Starling Teen, bank account
Xinja Bank, banks, US, Australia, Dabble, share trading, exchange, exchange traded fund, ETF, Stash, Tesla, Facebook, Google, Amazon, FX
Fintech leaders have raised a total of USD 3.81 billion in the second quarter of 2020, according to data gathered by Buy Shares.
fintech, Stripe, Robinhood, Monzo, payments , investment, funding, Starling Bank, Airwallex
Xinja Bank, Australia, banks, savings account, Stash, neobank, interest rate, Reserve Bank of Australia, RBA
Stash, investment, funding, banking, app, LendingTree
Cred, credit card payments, RentPay, Stash, India, auto payments, instant credit, payments app, COVID-19