International students at the University of Toronto can now make purchases in campus bookstores more easily by paying in foreign currency. The University of Toronto (UofT) Bookstore and leading payment service provider, OTT Pay, recently announced the launch of online payment options for students to pay in Chinese yuan, broadening a partnership to streamline campus shopping.
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced that its real-time, automated credit decisioning tool, BankAnalyze, is now integrated with Infinity Software’s loan management software platform. Infinity Software has been providing software solutions to direct-to-consumer lenders for 20 years and has enabled over 700 businesses to centralize their
TransUnion, a global information and insights company, is empowering customers of Lloyds Bank to look after their credit health with free access to their TransUnion credit score via an interactive dashboard. The Lloyds Bank ‘Your Credit Score’ service, which uses TransUnion’s Consumer Platform, is filling a clear demand – with almost one million of the bank’s customers checking their
Hokodo has announced a successful Series B funding round, securing $40 million in equity less than a year after their Series A fundraise. The funding, which comes from a significant debt raise earlier this year, will power the digital trade credit provider’s expansion into new European markets and the development of new products. Led by Notion
Nium, the global platform for the modern money movement, and the Stellar Development Foundation (SDF), a non-profit organization that supports the development and growth of the open-source public blockchain Stellar, today announced a partnership to enable payouts to 190 countries. Businesses can now facilitate fiat payouts to 190 countries on Stellar, a network purpose-built for
Credit Karma Money™, a single destination within Credit Karma for spending1 and saving2, today announced the launch of cash back rewards, giving its more than 110 million members in the U.S. the chance to earn cash back when they spend money at certain merchants using their Credit Karma Visa® debit card.3 This experience, powered by
Enfuce, one of the fastest-growing fintechs in Europe, has chosen Konsentus Verify to protect its customers from unauthorized or fraudulent third parties gaining access to valuable account data and funds. Enfuce provides a modern, flexible, scalable, open banking service that is both safe and compliant. Their embedded payment experience seamlessly delivers the features and products
Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE. The milestone announcement marks the first time a FinTech in the UAE is licensed to issue cards by Mastercard. The license from Mastercard enables NymCard to become the UAE’s one-stop provider for FinTechs and digital partners, removing the need
KBC is the first financial institution in Europe to roll out its own digital coin based on blockchain technology, Kate Coin. The launch of the e-money token comes a year and a half after the Belgian bank’s launch of Kate, a personal digital assistant for mobile and online banking. Customers will be able to acquire
Commonwealth Bank of Australia (CBA) has selected SaaS cloud banking platform Mambu as the technology foundation of its next-gen digital mortgage brand, Unloan. Unloan is set to be a revolutionary force in the Australian mortgage industry, with the new offering able to provide loan refinancing applications in as little as 10 minutes and a discount that increases
Flip, Indonesia’s consumer payments platform, announced a second close of a Series B funding round led by Tencent, with participation from Block, Inc. and existing investor Insight Partners. A number of eminently experienced operators participated meaningfully in this extension round, including Guillaume Pousaz, Founder & CEO of Checkout.com, through Zinal Growth; Gokul Rajaram, Executive at
Certegy, an ACH payments and risk management company, announced a new collaboration with Trust Payments, the disruptive leader in FinTech specializing in frictionless commerce and value-added services, that will bring Certegy’s white label Buy Now, Pay Later (BNPL) and BankPay offerings together with Trust Payments’ eCommerce and payment solutions to their combined merchants across the US.
