People can see the banking democratization trend, where bigtechs and fintechs present a new form of threat to traditional banks. AIZEN, which ranked second in the Global Category of MAS FinTech Awards 2020 (Singapore FinTech Festival, MAS FinTech Awards) alongside Swiss Re (insurance) and BNY Mellon (banking), announced that it would provide banking-as-a-service for banks

Hallmark Financial Services, Inc. , a property and casualty insurance company comprised of three business segments (Specialty Commercial, Standard Commercial, and Personal), today announced that it is no longer actively pursuing the previously announced separation of its Specialty Commercial business segment. As a result, the Company does not intend to proceed with the previously announced

Mogo Inc., a digital payments and financial technology company, today announced the launch and phased rollout of MogoTrade, a stock trading app that sets a new bar for commission-free trading in Canada. The MogoTrade app is now available for download through the App Store and on Google Play. Members get immediate access to free live-streaming

PCI Pal® , the global provider of secure payment solutions, is working closely with Talkdesk, the global customer experience leader for customer-obsessed companies, to provide a growing list of customers with innovative customer service and security capabilities. The companies’ expanding customer list includes Air Business, Metabolic Living, Resideo, Scotts, Tucows, and Weekendesk. As a Talkdesk

Blue Ocean Technologies (BOT), a unique capital markets fintech leader in global afterhours trading, announced today new connectivity and data partners, along with new broker-dealer subscribers. Blue Ocean ATS, also known as BOATS announced it is partnering with ACTIV Financial Systems as a data provider and with Raptor Trading Systems as a trading provider. Also,

With consumers leveraging digital tools more than ever, fintechs have become integral to the consumer financial experience according to the latest Expectations & Experiences consumer trends survey from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions. Fintechs are playing a key part in enabling money management, often filling a need

MoneyLion Inc., the award-winning digital financial platform, announced today that it has agreed to acquire Even Financial Inc. (“Even”), the category-leading embedded finance marketplace, to accelerate its mission of providing financial access and advice to hardworking Americans. The transaction provides for total consideration to Even’s equity holders of up to $440 million, using a convertible

Nium, a leader in global payments and card issuance for businesses, today launched its virtual card issuing solution in the United States, making it faster and easier for travel-related businesses to pay suppliers. The Nium virtual card solution enables online travel agencies (OTAs), travel management companies, travel tour operators, and corporations to streamline, revamp their

Formpipe Software announced today that M1 Finance, The Finance Super App™, has selected Lasernet to support its output and document management requirements as it rolls out its Invest, Borrow and Spend products for its hundreds of thousands of clients on the Temenos Banking Cloud. Brian Barnes, founder and CEO of M1 Finance recently announced his

Tradeshift has secured more than $200m in funding and debt from a combination of existing and new investors, including Koch Industries, one of the largest privately held companies in the US. Participation also came from IDC Ventures, LUN Partners, Private Shares, and Fuel Capital who increased their existing stake in Tradeshift’s combined portfolio of enterprise