Splitit has joined forces with Samsung to introduce a groundbreaking installment payment feature within Samsung Wallet. This collaboration brings users the ability to make in-store purchases and pay over time, utilizing their existing credit cards directly at the point of sale. This marks a major milestone, as it’s the first time an installment option is
PayPal has announced a groundbreaking global initiative—PayPal World—which brings together many of the world’s major digital wallets and payment systems on a unified platform. The launch begins with interoperability between PayPal and Venmo and includes partners representing close to two billion users worldwide. This strategic move aims to revolutionize how people send money, shop both
Spinwheel, a prominent leader in real-time consumer credit data and AI-powered payments, has formally announced a strategic partnership with Algebrik AI Inc., a Delaware-based business based in New York City that is credited with creating the first cloud-native, AI-driven, digital-age Loan Origination System (LOS) in history. This partnership is a major step in changing the
Following a formal evaluation by Standard & Poor’s (S&P), a well-known credit rating agency with a stable outlook, Fidelidade – Companhia de Seguros, S.A. and its reinsurance branch, Fidelidade RE – Companhia de Resseguros, S.A., were given long-term Issuer Credit Ratings (ICR) and Financial Strength Ratings (FSR) of ‘A’. This rating reflects S\&P’s confidence in
Receive, a fintech startup focused on expanding financial access for small and medium-sized businesses, has officially emerged from stealth mode with the announcement of its latest milestone. With the help of further debt financing, the company announced that it has raised its total funding to approximately 7.1 million dollars, including a $4 million startup funding
Finlens, a new AI-powered solution for accounting, has officially launched, aiming to streamline financial processes for startups and accounting firms alike. Backed by Y Combinator and Accel, Finlens positions itself as a tool designed specifically for founders and financial professionals who seek faster month-end closes, real-time financial visibility, and accurate bookkeeping without the usual spreadsheet
Georgia-Pacific has officially announced a significant capital investment in its Englehart OSB (Oriented Strand Board) mill, located in Ontario, marking a major step in the facility’s ongoing growth and modernization. The company plans to invest approximately $140 million USD, equivalent to around $191 million CAD, to upgrade the mill’s infrastructure. This investment will be directed
Lloyds Banking Group is now in the advanced stages of talks to acquire Curve, a well-known financial technology company. The deal, according to sources cited by Sky News, could close as soon as September 2025. The estimated value of the transaction stands at around £120 million. Curve is a strategic addition that Lloyds believes would
Eltropy’s Video Banking solution is transforming how community financial institutions (CFIs) deliver services by enabling secure, face-to-face banking through any digital device. This technology effectively turns smartphones, tablets, and computers into virtual branches, allowing CFIs to offer personal banking experiences remotely while maintaining the human touch that customers expect. The rollout of this platform follows
Hexiang Insurance Brokers, the insurance brokerage arm of Yiren Digital, has successfully launched specialized insurance products targeting China’s rapidly expanding low-altitude economy. The company has signed multiple contracts with enterprise aviation operators through innovative insurance solutions developed in partnership with Ping An Insurance and PICC. This strategic initiative represents a significant step in Hexiang’s expansion into China’s emerging low-altitude economy, positioning
NetGuardians, a Swiss FinTech specialising in AI-powered financial crime prevention, and Intix, a Belgian RegTech known for its transaction data visibility and analytics capabilities, have formed a strategic alliance to launch Vyntra, a next-generation financial crime intelligence platform. The partnership aims to deliver a transformative solution for global financial institutions seeking robust tools for risk
The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab. As part of the deal, Insurance DataLab joins the MGAA as a Supplier Member and offers exclusive benefits to MGAA members, including a 10% discount on new annual licences, according to FF News.