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St Luke’s launches first TotallyMoney campaign to help consumers climb towards their financial dreams
St Luke’s has launched its first credit app, TotallyMoney, with a TV and online campaign showing how, with the right advice and support, people can reach higher and achieve get your goal.
A recent study by TotallyMoney revealed that 20 million adults are financially inadequate, a number that has increased by 50% in just six years. And that’s who they’re building the app for. Believing that customer data will work in their favor, not against them, fintech provides nearly five million customers with free, direct credit reports, and personalized alerts to highlight what matters. get in their way and personalized advice to help them improve their scores.
The new 30-second ad titled “You’ll Be Totally Successful” highlights TotallyMoney’s free credit report and personalized plans, with a story showing people on their way to their financial goals – something that will resonate with many who don’t. know where to start. The three-month campaign will air on TV, VOD, and YouTube through the end of March 2023, with Electric Glue media planning and purchasing.
The brightly colored animation shows many people, with different ambitions, starting their journey through metaphorical rope ladders and climbing to their goal that lies in the clouds. The pastel cartoon style is designed to invite and embrace all kinds of aspirations, encouraging people with the tagline “You’ll totally make it”.
“At TotallyMoney we’re on a mission to help everyone move their finances forward. Our focus is on the 20 million UK adults who are otherwise overlooked and under-served by the financial services industry. We understand the needs of real people and the challenges facing them — and as part of our new brand focus, we’ll be telling human stories with a more emotive approach.
“The tone of this new campaign reflects TotallyMoney’s understanding of our customers and how they’re feeling in the current economic environment. It encapsulates the work we do by providing people with support and personalized plans to help them reach their financial goals, whatever they may be.”
Rebecca Shears, Chief Marketing Officer at TotallyMoney.
“Most campaigns in this sector suggest improving your credit score is a bit of fun. This is out of step with the real experience of trying to borrow affordably. TotallyMoney understands exactly what its customers are going through, and we set out to create a campaign that dramatized that. Lobo, our production partners, have created beautiful, painterly illustrations and animations that reflect the struggle of improving your credit score with both sensitivity and a sense of undimmed optimism.”
Al Young, Chief Creative Officer at St Luke’s.
The new campaign is St Luke’s first after winning the TotallyMoney venture in July 2022, following a competition with 3 agents.
Credefi partners with Experian
On the route to fixing important inefficiencies withinside the subject of conventional economic lending and borrowing, Credefi has done a primary milestone in its partnership with the TradFi behemoth Experian.
Credefi has control to steady the rights to apply Experian’s formally recognized and official logo substances to place itself as ‘Credefi – Powered through Experian.’ In doing so, the group has to turn out to be the primary withinside the blockchain enterprise to steady a partnership of this proportion.
Experian is one of the biggest credit score bureaus withinside the world. The employer collects and researches individuals’ credit score records and charges their capacity to pay off debt. It’s a publicly traded employer with lots of personnel and places of work worldwide, harboring a complete marketplace capitalization of upwards of $27 billion. This tips on the huge significance of this partnership and the consideration and transparency it invokes in Credefi.
The collaboration ambitions to similarly make bigger Credefi’s attain and get admission to institutional-grade customers and formalize each corporation’s bilateral cooperation. It additionally highlights the best of requirements that the group units out to keep on the subject of the exceptional of its carrier, however additionally the protection and protection of its users.
Both corporations are running to higher the open banking gadget and combine complete FinTech APIs. The partnership makes it smooth and frictionless to test and regulate Credefi’s scoring, however, it is also vital for Experian.
As a part of the Green Deal of the European Union, Credefi will become the authentic Experian associate and mediator for imparting the carrier of Green Company scoring to each of the corporations that practice for a mortgage via their platform.
For context, the Green Deal ambitions to enhance the general fitness and wellness of EU residents and their destiny generations. To do so, the framework units forth the basis for brisker air, purifier water, more healthy soil and biodiversity, extra energy-green buildings, more healthy and extra low-cost food, and so on.
Understanding the significance of compliance and being absolutely present, Credefi’s partnership with Experian ambitions to uphold the excessive requirements laid out withinside the framework.
MoneyGram Launches MoneyGram Online Website in Brazil
MoneyGram International, Inc., a global leader in the development of P2P digital payments, has announced the launch of MoneyGram Online in Brazil. Consumers can now use the company’s main website to send money from Brazil in near real-time to family and friends around the world. Recipients can receive cash through the company’s suite of options designed to meet their unique needs, such as depositing into accounts or mobile wallets and receiving cash at the point of sale. MoneyGram launches this service with no transaction fees to consumers.
“As we continue to execute our strategy to grow and expand MoneyGram Online geographically, I am thrilled to announce that our website is now officially live in Brazil,”
“We are extremely proud of the immersive online platform we’ve built for customers around the world, and our sustained digital growth globally demonstrates that consumers truly value our leading user experience. We’re confident that this launch will enable us to capture growth from new customer segments, deepen relationships with established customers and create tremendous value for years to come.”
“This is a significant growth opportunity for MoneyGram to capture market share in a country with one of the largest populations in the world. As we approach the start of the new year, we’re set up for success.”
Alex Holmes, MoneyGram Chairman and CEO.
MoneyGram has had a prominent presence in Brazil with more than 1,000 points of sale across the country allowing consumers to send money abroad over the past 25 years. The company is committed to continuing to meet the ever-changing needs of consumers, and as demand increasingly moves online, MoneyGram now allows Brazilian consumers to send money on the go or from home or the lobby instantly. convenient way.
According to the World Bank, remittances from Latin America have steadily increased in recent years. In Brazil, immigration flows have increased by 24% over the past 10 years, reaching 1 million immigrants in the country by 2022. As demand for digital solutions in the country grows, so does the digital remittance segment. Brazil’s number is expected to grow by nearly 10% over the next five years. This new service is made possible thanks to MoneyGram’s partnership with Frente Corretora, a leading fintech company in Brazil.
Clarity AI and LSEG announce partnership to provide new SFDR reporting tool for investors
Clarity AI, the leading global sustainability technology platform, announced a partnership with Refinitiv, a London Stock Exchange Group (LSEG), to develop the SFDR Reporting Specialist.
The SFDR is an important part of the EU’s Sustainable Finance Action Plan, which aims to encourage capital inflows into companies and activities that support the EU’s social and environmental goals. It requires financial institutions to disclose the “primary adverse impact” of their investments on social and environmental issues and also applies to those marketing sustainable investment products. for additional disclosure at the product level. The Refinitiv Lipper1 data below shows the number of Articles 8 and 9 funds and related assets under management, indicating the number of companies subject to SFDR reporting requirements:
- Article 8: Euro 5,219,972m (10,300 primaries)
- Article 9: Euro 478,424m (1,221 primaries)
“We are excited to partner with the team at LSEG to bring our market-leading SFDR data coverage and reporting capabilities to an even broader base of clients,”
“LSEG serves thousands of asset managers who will have to report on SFDR, and accuracy will be key – especially in the environment of high regulatory scrutiny surrounding ESG and sustainability.”
Rebeca Minguela, Founder and CEO of Clarity AI.
SFDR Reporting Professional will provide hybrid capabilities leveraging market-leading data coverage from over 50,000 companies. It is complemented by all the data published by the LSEG on ESG, fundamentals, funds and sovereignty.
Data will be accessible through fully integrated APIs and tools, including the ability to aggregate at the portfolio level or view at the individual security level. In total, more than 20 indicators will be mapped, of which 16 are required. In addition, PDF report templates will be available and can be viewed to facilitate reporting to regulatory agencies.
“SFDR is placing additional reporting requirements on those marketing sustainable investment products and many are requiring comprehensive reporting tools to help them comply. As a provider of some of the most comprehensive sustainability data and indexes available, we are committed to developing leading edge capabilities working with leading specialist sustainability players,”
“Partnering with Clarity AI ensures our clients will have the best possible information and capabilities available to them for SFDR reporting, and we’re already exploring future opportunities for collaboration with Clarity AI.”
Cornelia Andersson, Group Leader, Sustainable Finance and Investment at LSEG.
Ripple Brings the Benefits of On-Demand Liquidity to France and Sweden
Cryptocurrency solutions are gaining traction across Europe. Ripple’s New Value 2022 Report shows that 70% of respondents at financial institutions in Europe expect blockchain, the ancillary technology that powers Ripple’s crypto solutions, to have a major impact or substantially to their business over the next five years.
However, companies in France and Sweden will not sit idly by for the next 5 years but instead embrace crypto solutions now thanks to two new Ripple partnerships.
Since 2020, Paris-based pan-European payments organization Lemonway has partnered with Ripple to reduce payment times for its customers by streamlining cross-border payments. surname. Lemonway is currently using Ripple’s On-Demand Liquidity (ODL) solution to improve its internal cash management, further positioning the company as a leader in payments.
As the first French payment service provider for online marketplaces using ODL, Lemonway can now improve operational efficiency by eliminating the need to pre-fund accounts destinations in the country outside, giving them the ability to use previously trapped capital to expand into new markets and scale their businesses.
Additionally, Ripple also announced a partnership with remittance service provider Xbaht in Sweden to enable instant and affordable money transfers. Since ODL enables the movement of capital around the world in seconds at a fraction of the cost of the traditional payment methods businesses currently rely on, Xbaht can leverage this technology to enable its customers to send money across borders faster and cheaper than ever before.
Ripple’s focus on using blockchain and crypto to create real-world use cases has made us the partner of choice for businesses to harness the liquidity of money e-global, eliminating legacy conflicts related to cross-border payments such as slow payment times, lack of transparency, and excessive costs.
These partnerships enable consumers and businesses in France and Sweden to make cross-border real-time payments, powered by Ripple.
Copper Launches Teen Investing Product To Power A Younger Generation of Investors
Copper, the go-to banking app that truly teaches teens and kids about money and sets them up for future financial success, announced its expansion to Copper Investing, a teen-centric Registered Investment Advisor (RIA). Copper Investing offers accessible, automated investing portfolios for teens to learn about (and actually start) building wealth in a safe environment. Its goal is to financially empower teens for the long term by building and reinforcing real-world learning experiences that help teens grow as investors—not just make money.
After hosting free financial literacy seminars at more than 5,000 high schools across the country, Copper is expanding beyond banking with Investing in Copper: a one-of-a-kind education-driven youth investment platform. This product provides accessible, automated investment portfolios for teens to develop financial literacy at an early age and apply that knowledge to accumulate wealth in a meaningful way safe.
“With inflation on the rise, teens need to go beyond saving—they need to learn about the growing wealth,”
“One of the biggest opportunities for teen wealth-building is time in the market and willingness to take risks. Our research shows teens are eager to get started and with Copper Investing, we will empower them to become savvy investors from a place of financial education so parents can feel secure, too, knowing their teen’s financial future comes first.”
Eddie Behringer, Co-Founder and CEO of Copper.
Copper Investment uses a proprietary questionnaire that follows industry best practices to specifically assess a user’s risk tolerance. It then matches them with a carefully designed portfolio that fits within their investment comfort zone while ensuring that the parent’s investment preferences are met. Copper’s three global equity portfolios include no bond or crypto risk and are designed to offer an attractive trade-off between long-term risk and return across a range of cost ETFs. short. Additionally, Copper has committed approximately $1 million to over 200,000 people on Copper Investment’s waitlist. When the investment product launches, this generation of teen investors will have a total of over $1 million in contributions funded by Copper for their first-time wealth and investment accounts.
“I believe that during the pandemic we lost a lot of things that are important by not attending school. I feel that being knowledgeable about finance and investments is really important for our future,”
Copper member Aidan F. from Cottonwood, CA.
The growth of copper in financial services is an example of fintech’s real-world empowerment potential. The company was recently invited to the White House, Consumer Financial Protection Bureau (CFPB) and Federal Reserve to discuss the bright future of fintech as an educational and outreach tool.
Tyndall Federal Credit Union Shares $13 Million in Profits With Its Member-Owners
Tyndall Federal Credit Union returned $13.7 million of profits back to its members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts. Individual amounts were calculated based on participation with the credit union and ranged from $70 to $420.
Over the past five years, Tyndall has given more than $40 million in profit-sharing and disaster assistance to its members. Tyndall profit shares were distributed to 41% more people in 2022 than in 2021.
“We’re able to deliver value year after year because we don’t waste our members’ money,”
“Instead of charging excess fees, and exorbitant rates, our team is able to do this by keeping operating costs down, investing in digital channels and focusing on our members’ needs.”
Jim Warren, President and CEO.
On January 1, Tyndall began waiving more than 15 types of fees, including monthly service fees, minimum balance fees, money market fees, underfunding, and ATM fees. The credit union’s community support also includes providing nearly $150,000 in community grants and providing its employees with 4,000 hours of community volunteer service.
Tyndall Federal Credit Union has served residents of the Florida Panhandle and Southeast Alabama since 1956 with secure, affordable, convenient, and fast financial solutions. As a member-owned nonprofit financial cooperative, Tyndall offers a full range of financial products and services to improve lives and strengthen our communities. We continually return value to our members through competitive deposit and loan rates and reduced fees.
AD Ports Group Signs Collaboration Agreement with Africa Finance Corporation
AD Ports Group, the world’s leading industrial, logistics and trade support company, has entered into a partnership agreement with Africa Finance Corporation (“AFC”), a leading infrastructure solutions provider. in Africa, to bridge the infrastructure gap on the continent.
This agreement allows the two organizations to join forces to identify, finance, develop and invest in much-needed port, warehouse, maritime and logistics infrastructure projects across Africa. Both parties will bring their technical expertise as well as strong financial capabilities and networks into a range of development initiatives, with a focus on green and brown opportunities.
AFC is an all-Africa multilateral development finance institution that aims to fill infrastructure investment gaps by providing complete project cycle financing solutions as well as engineering and advice. Over the past 15 years, AFC has invested more than $10 billion in infrastructure projects in 37 countries in Africa. The AFC developed and financed Africa’s first carbon-neutral industrial park, the Nkok Special Economic Zone, making Gabon the world’s largest veneer exporter, generating $1 billion in export revenue. a year and create more than 30,000 jobs.
This approach is replicated by the Arise platform in Benin and Togo. Most recently, AFC, in a joint venture with Masdar of the United Arab Emirates and EBRD, jointly acquired Lekela Power, the continent’s largest independent renewable electricity producer, with plans to double it double generation capacity within four years. AD Ports Group has significant expertise in the construction and operation of ports, free zones, logistics and maritime hubs, and is currently active in a wide range of development projects in diverse territories such as Jordan, Egypt and Iraq.
The partnership agreement could provide vital support to ports and maritime facilities in Africa, which are often overwhelmed by growing demand for imported goods and established industrial production facilities. Export orientation requires significant investment to modernize, increase capacity and improve productivity. According to an African Union (AU) report, cargo throughput through African ports will reach 2 billion tonnes by 2040, a major challenge due to the current average length of stay – the length of time that cargo is in transit. port – is about 20 days across the continent, compared to the global average of four days.
“Some of the world’s fastest-growing economies are in Africa, necessitating the creation of a new generation of ports and maritime facilities, supported by smart technology and enhanced freight infrastructure. We see a key opportunity to support African nations in their efforts to develop advanced trade hubs that can manage the rising volume of maritime commerce and deliver excellent connectivity. Working with AFC, we will look to prioritize projects that can make a lasting impact on the economies and communities of their respective nations, in line with the direction of our wise leadership to support progressive development.”
Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group.
“We are pleased to sign this collaboration agreement with AD Ports Group today, demonstrating the UAE’s ongoing enthusiasm to invest and deploy expertise in Africa. Combining AFC’s specialist expertise and outstanding investment track record with AD Ports Group’s technical proficiency, I am confident that our collaboration will yield the development of some of the most advanced integrated ports and logistics platforms in Africa and the world at large. We look forward to a continued partnership as we work together to unleash Africa’s economic potential and transform lives on the continent.”
Samaila Zubairu, President & Chief Executive Officer of AFC.
Xapo Bank Partners With Lightspark, Becoming The First Fully Licensed Private Bank To Offer Near-instant Bitcoin Payments Through Lightning Network Integration
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. long blockchain validation. As the world’s most trusted crypto advocate, Xapo Bank also offers an annual interest rate of 4.1% on the US Dollar and will soon offer up to 1% on Bitcoin, spread across the year and is paid daily.
Lightning Network allows payments to scale to millions of transactions per second on the network. This integration will alleviate the time-consuming and expensive experiences that often make it difficult for users to pay for small bitcoin transactions. Xapo Bank will be the first fully licensed private bank to offer near-instant Bitcoin payments, and its goal is to become the largest Lightning Node, expanding network usage to many users new.
“The average transaction confirmation time of one hour combined with potentially large fees during periods of high usage make the Bitcoin network unsuitable for small daily payments such as groceries. By integrating with the hyper-efficient Lightning Network, we are the first bank in the world to streamline this process and allow our members to pay for small purchases with Bitcoin without having to convert to USD first. Against a backdrop of hyperinflation, economic uncertainty and political turmoil, we are entering a world where digital money is ubiquitous, and we need integrations like this that open up access to Bitcoin payments. We are bringing together the benefits of fast, cost-efficient, and global Bitcoin payments with the security, privacy, and flexibility unmatched in the traditional banking industry.”
Seamus Rocca, CEO of Xapo Bank.
Founded in 2013, Xapo is the first Bitcoin holder and one of the most trusted custodians in the industry, providing users with a secure platform to store and transact in their Bitcoins. Surname. It was the world’s first cryptocurrency company to obtain a banking license, evolved into Xapo Bank and has since expanded its services to include accounts with interest rates in both USD and BTC, while continuing to expand asset management services, in addition to other banking services. Unlike other financial services companies, at Xapo Bank members fully own and control their Bitcoins, meaning they can receive, hold and send Bitcoins directly.
“We’re thrilled to enable the first bank on the Lightning Network to offer instant, cheap Bitcoin payments to its customers. Xapo has been one of our early closed beta partners, and we’re delighted they chose Lightspark’s enterprise-grade solution to reliably send and receive payments on the Lightning Network without all the complexity and operational overhead that typically comes with running a node on it. We look forward to talking more about our solution in the months to come.”
David Marcus, CEO and Co-Founder of Lightspark.
To pay via Lightning Network, Xapo Bank members will need to hold Bitcoins in the Xapo Bank app. They can then simply scan and pay the invoice at any merchant that accepts Lightning Network payments. The network charges a very small fee per transaction, usually a few Satoshi. Xapo Bank has set a flat settlement fee for SAT 15 (less than 0.01 USD as of Feb 24) to protect members from performing high-fee transactions.
“We believe that Bitcoin is the future of money, and we are committed to helping our members navigate this new financial landscape. By expanding our services to include instant Bitcoin transfers, we can offer our members better usability and ultimately grow the cryptocurrency that many of our members rely on.”
Wences Casares, Chairman at Xapo Bank.
Citizen partners with OpenPayd to boost real-time payments
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 Neville, Citizen operates Open Banking to provide instant and simple cardless payments to merchants. The company is known for its acquisition and disposal of merchants, bypassing the traditional methods of no cards, codes and apps. To provide a better experience for its customers, Citizen needed an integrated financial infrastructure provider that could facilitate instant payments and provide a greater global reach than other merchants. other offers on the market.
The partnership with OpenPayd allows FinTech to assign a virtual international bank account number (vIBAN) to each customer and enables easier payments. OpenPayd’s infrastructure allows Citizen to issue clients with corporate accounts, and vIBAN provides real-time data alerts as soon as funds arrive in their accounts. The partnership is already in effect and available to Citizen’s multi-industry clientele.
“Through the collaboration of technical expertise, Citizen’s partnership with OpenPayd has opened up new product opportunities for us in even more locations across Europe,”
“By offering a more expansive range of solutions to our customers, such as bank account creation and eWallet functionality, Citizen is more than a simple payment method – we are truly a payments ecosystem.”
James Neville, CEO and co-founder of Citizen.
“Working with Citizen is another example of how versatile our BaaS infrastructure is,”
“Our broad and evolving technology suite can cater to any industry, any payment rail, anywhere. We’re looking forward to a long and successful relationship with Citizen, as they scale their offering and deliver a better payments experience to their clients.”
Iana Dimitrova, CEO of OpenPayd.
Allianz Trade to acquire remaining stake in Cosec from Banco BPI
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 50/50 joint venture between Allianz Trade and Banco BPI in 2007. Following regulatory approval, including an antitrust review, the transaction is expected to close in the first half of 2023.
“Cosec was already part of the Allianz Trade family, and we are delighted to welcome them as a full member of our Group. This is a major business opportunity and a new step in our growth strategy which will allow us to strengthen our presence in Southern Europe”,
Loeiz Limon-Duparcmeur, Group CFO and Member of the Board of Management of Allianz Trade in charge of Finance and Investment Management.
In addition to this acquisition, Cosec and Banco BPI will renew their partnership by signing a new distribution agreement upon completion of the transaction. This new agreement will continue the long and successful partnership between Allianz Trade and Banco BPI.
“This agreement will further strengthen the cooperation between Banco BPI and Allianz Trade for the distribution of credit insurance for companies. Our aim is to continue helping companies to trade with confidence, both in Portugal and in the global markets”,
Pedro Barreto, a Member of the Board and Executive Committee of Banco BPI.
Western Union And Beforepay Offer ‘send Now, Pay Later’ Service To Consumers For International Money Transfers
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$2,000 through Beforepay’s payday advance product on Western Union’s digital channels.
Exclusive information from Western Union research shows that up to 44% of Australian consumers want the “send now, pay later” option when transferring money globally. Today’s announcement means consumers will be able to do just that. By accessing Beforepay’s payday advance product through Western Union’s website and mobile app, customers will be able to increase the amount they transfer. Signing up to access additional funds can be completed in minutes and, once granted, can be refunded in installments. International money transfers via Western Union can be sent to more than 200 countries and territories.
“We are committed to supporting our customers and their communities by offering financial services that are accessible, ethical, and reliable,”
“Western Union’s mission is to make financial services accessible to people everywhere. Our collaboration with Beforepay is another step towards achieving this mission – giving customers the opportunity to access additional funds as they send money to families and communities. We are excited about the positive impact it can have for consumers, as they proactively look for convenient options to meet their financial needs.”
Gregory Laurent, Regional Vice President of Australia, New Zealand and the Pacific Islands at Western Union.
Financial services for everyone
Today’s announcement reinforces Western Union’s “Grow 2025” strategy to combine accessible, high-value retail and digital financial services. Avantpay’s payday advance product is designed to give customers the ability to meet temporary cash flow challenges. The average advance offered to customers by Beforepay is around AU$ 400. The total amount is refunded within an average of three to four weeks.
“We’re excited to collaborate with Western Union to support their customers with access to safe, affordable short-term lending,”
“Beforepay and Western Union share a vision of providing inclusive financial services to aspiring consumers around the world.”
Beforepay CEO Jamie Twiss.
IDT Introduces Zendit, A Global Prepaid-as-a-service Platform
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 and developers will be able to easily add a powerful global monetization channel to their apps and websites – curated upfront offers from the global digital catalog of more than 10,000 goods and services, including mobile airtime. -ups, mobile data plans, digital gift cards and utilities.
“The rapid adoption of digital prepaid services in combination with the extensive reach of mobile – now over seven billion consumers worldwide – is fueling extraordinary growth in the global prepayments space,”
“Now, Zendit’s cloud-based, prepaid-as-a-service platform enables companies to participate in this high-growth opportunity by efficiently integrating cross-border prepaid offerings into their apps and websites in a matter of minutes.”
“Our mission is to enable businesses of all shapes and sizes to unlock new revenue opportunities by building innovative prepaid solutions that attract, engage, retain, and reward their customers worldwide,”
Emilio del Rio, President of IDT Digital Payments.
The Zendit platform can easily scale to meet the needs of businesses and organizations of all sizes while ensuring uptime and availability. It provides an intuitive and user-friendly workflow without sacrificing powerful features and flexibility. The platform will include a wide range of tools from APIs and SDKs to no/low-code add-ons and plugins allowing any developer to easily integrate upfront offers into systems and technologies. existing technology.
To improve speed and market reach, Zendit provides a seamless self-referral experience that streamlines the referral process, allowing developers to access and manage Zendit’s global prepaid portfolio in a few minutes. Developers can go to zendit.io, open an account, get login information, top up their wallet and get it up and running, all within minutes.
MWC attendees are invited to drop by the IDT booth at Congress Square Booth CS24 for a first-hand look and personalized demo of the innovative Zendit platform.
NEXI And JAKALA Announce CVM Martech Lab, The European Centre For Customer Engagement In Financial Services
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 payments in customer acquisition.
Headquartered in Milan but with a European reach, CVM Martech Lab was born from the desire of two companies to share best practices for participating in the evolution of digital payments. for the benefit of banks and financial services institutions. Banks, fintech and industry players will be able to harness the significant economies of scale and scope guaranteed by the CVM Martech Lab while benefiting from the complementary tools and methods that the CVM Martech Labs use. Nexi and Jakala intend to integrate into the mix.
“Customer Value Management today has a strategic value in financial services for both traditional players and newcomers – for the former it is an essential acquisition lever, almost always as an investment in and subsequent development of customer value, while for the latter it is a key retention and loyalty driver. In this scenario, digital payments play a key role because they are, together with bank current accounts, the most widespread service, they are used on a daily basis and they carry useful data,”
“CVM Martech Lab aims to be a powerful accelerator to develop customer engagement at a systemic level. We at Nexi, after more than six years of work to develop multiple solutions for a large number of banks, have built up a wealth of experience and processes that, together with those of Jakala, represent a real value for Italy and we intend to export this value to Europe.”
Flaminio Francisci, Customer Value Management Director at Nexi.
In fact, more than 150 Italian banks now have access to the advanced CVM solutions and methods offered by Nexi and Jakala, resulting in the acquisition of valuable customers, services and products. High growth allows healthy customer value development through customers. lifecycle from acquisition to maintenance, including interactive programs.
Likewise, Jakala, with its combined marketing and technology know-how, has embarked on a specific path that the company has assembled in recent years with unique centers of expertise in the market. Italy and Europe.
“At Jakala we drive technological transformation and promote innovation through a mix of talent, technology, data and analytics. The success of any engagement program is closely linked to an understanding of its target market. We are proud of the partnership with Nexi, because it allows us to apply our know-how in the field of engagement, intervening in a key moment of the customer engagement process like digital payments. Indeed, in this process it is essential to implement a data-driven profiling approach and real-time interaction aimed at being relevant when it counts.”
Gabriele Pozzi, Managing Director of Jakala.
Thus, digital payments represent the best possible opportunity to attract customers, both because of the vast amount of data and information they carry, as well as because of their intergenerational nature and ease of use. their use. Nexi’s CVM Martech Lab enables organizations offering payment experience-based products and services to maximize customer value by engaging them through digital payments and developing innovative solutions. new business proposals aimed at the customers themselves.
Fiserv Named to Forbes America’s Best Employers 2023 List
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.
Forbes and Statista selected America’s Best Large Employer through a survey of approximately 45,000 Americans who work for companies with more than 5,000 employees. The ratings are based on direct and indirect referrals from employees who were asked to rate their willingness to refer their employer to friends and family. Employees were also asked about other employers in their industry that stood out in a positive or negative way. The final list ranks the top 500 employers that received the most referrals.
“As a global technology leader and an innovative, human-centered company, Fiserv is committed to creating a workplace experience that inspires our associates to be at their best every day,”
“We are especially honored to receive the recognition that reflects the voice of our associates, who have provided positive feedback about Fiserv as a great place to work.”
Frank Bisignano, Chairman, President and Chief Executive Officer of Fiserv.
Fiserv is a global fintech invested in local, human potential, and is committed to creating a work culture that is supportive, inclusive, and innovative, and to furthering the professional development and career growth of associates. The company takes a deliberate approach to help associates build and strengthen capabilities and provides opportunities for learning at every level, including learning focused on job skills, leadership development, diversity and inclusion, business acumen and more. Fiserv also provides a broad range of benefits and programs that support and enhance the company’s employer value proposition, help attract and retain talent, support diversity and inclusion initiatives, create equity, and provide local wellness programs and easier access to care.
To determine Forbes America’s Best Employers, employees were consulted anonymously through several online panels, allowing them to openly state their opinions and avoid influence from their employers. In addition to direct and indirect recommendations, employees were asked to give their opinions on a series of statements surrounding work-related topics, including working conditions, salary, the potential for development and company image regarding their current employer.
In a world that is changing faster than ever, Fiserv helps customers deliver solutions that match the way people live and work today – financial services at the pace of life.
Vietnam’s Fintech GIMO lands $5.1 million Series A
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, first with a pay-as-you-go method.
Currently, nearly 500,000 workers from around 100 companies are receiving on-demand access to wages earned with GIMO, the company claims.
GIMO’s latest funding follows a year of significant growth. With 24x stable annual revenue growth and an 11x increase in transaction volume year-over-year, the company says it has delivered one of the most popular financial applications among Vietnamese workers. favored by financial hardship.
In 2021, GIMO secured a $1.9 million expansion seed round and is currently in the process of raising debt.
“The fresh capital will bolster our product innovation that appeals to the underserved workers and drive revenue growth. Our team has been incubating a suite of digital financial solutions and expects to launch in the months to come.”
GIMO CEO and co-founder Quan Nguyen.
San Fransciso-based technology company SendOwl pocketed $9 million in a seed funding round led by TheGP.
SendOwl provides the infrastructure to transfer, manage, protect, and collect payments for digital products.