Northern Trust announced today that UK asset manager Redwheel is now using its data aggregator, developed by strategic partner, Equity Data Science, Inc., to improve the ability to integrate ESG in its investment activities. Founded in 2000 and formerly known as RWC Partners, Redwheel currently manages approximately US$19 billion for its clients. The data aggregator
Starling Bank has chosen Barings’ Landmark in Manchester to locate its new office in the North. The digital bank intends to create up to 1,000 new jobs for the region to fill roles across the enterprise, including operations, engineering, data science and cybersecurity. The digital lender, which now has 2,500 employees in London, Cardiff, Southampton
Xapo Bank, the leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases up to $100 at any provider that accepts Lightning payments without incurring high transaction fees and waiting times.
European FinTech citizens have chosen an integrated financial infrastructure provider, OpenPayd, as their real-time payment service provider. The partnership will provide Citizen customer end users with a simplified payment experience through OpenPayd’s BaaS platform, which provides plug-and-play banking and payment infrastructure through a single platform. Unique API. Founded by James Neville, former Worldpay CTO, James
Allianz Trade is about to acquire from Banco BPI a 50% stake in Cosec, a Portuguese trade credit insurer. Allianz Trade already owns 50% of Cosec and after the transaction will own 100% of the company. Founded in 1969, Cosec (Companhia de Seguro de Créditos, S.A) specializes in commercial credit insurance. The company became a
Western Union and Beforepay today announced an unprecedented partnership that will enable consumers to enhance cross-border remittances with access to affordable, ethical, and reliable short-term loans. Consumers can “send now, pay later” by borrowing up to A$2,000 through Beforepay’s payday advance product on Western Union’s digital channels. Exclusive information from Western Union research shows that
IDT Corporation, a global provider of financial technology, cloud media and traditional media services, today announced the launch of its prepaid cloud platform as a service, Zendit. Zendit will be showcased at Mobile World Congress 2023 (MWC) in Barcelona, Spain, from February 27 to March 2. With the Zendit platform, businesses of all sizes, entrepreneurs
Nexi, Europe’s Payment Technology, in partnership with Jakala, Italy’s leading Martech company, established CVM Martech Lab, the new customer value management center for the financial services sector, to provide giving banks and fintech better knowledge of data science and marketing. -how and technology to advance CVM, through solutions that leverage the key role of digital
Fiserv, Inc., a leading global provider of payment technology solutions and financial services, has been recognized by Forbes as one of America’s Top Employers of 2023, a prestigious ranking. The year was compiled in partnership with a market research company that reports highlighting the major employers of American workers. would recommend the most to others.
GIMO, a FinTech startup from Vietnam, has closed its Series A funding round with an investment led by TNB Aura. Other investors in the round include Resolution Ventures, ThinkZone Ventures, Integra Partners, Y Combinator and Blauwpark Partners. Founded in 2019, GIMO claims to strive to improve the financial lives of Vietnamese people in financial difficulty,
Hala, the fast-growing regional FINTECH based in Saudi Arabia, today announced that it has acquired, through its parent company, the United Arab Emirates Paymennt.com in the second edition of the world’s largest technology event – LEAP 2023. Paymennt.com, formerly known as PointCheckout founded in 2017 and co-founded by Bashar Saleh and Tarek Ghobar, is a
Zopa Buy Now, Pay Later DivideBuy Apparel is the first acquisition in a $75 million campaign raised earlier this year. DivideBuy allows merchants to offer customers interest-free payment options at the checkout. Buyers can spread the cost of their purchases over a period of two to twelve months from over 400 merchants. According to Zopa,
