Peach Finance, the leading modern lending and servicing technology platform, has announced that it has joined Mastercard’s Interactive Partner Network as a fintech enabler to help provide consumers with Consume more payment options. The partnership is currently focused on helping lenders develop buy now, pay later (BNPL) solutions leveraging the Mastercard installment program. BNPL is
Allica Bank, the leading fintech SME challenger bank, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Management. Allica now joins TCV’s strong portfolio of businesses, which also includes household names like Airbnb, Netflix, and Spotify as
The future of finance could be better if it was accessible to the majority of society. Broad-based financial inclusion is the enabler of Sustainable Development Goals, and achieving that goal is of paramount importance today. Digitization spans the globe across different industries and verticals. The financial sector is no exception. We are rapidly moving towards
Amex Business Link, a new business-to-business (B2B) payments environment that network issuing and acquiring participants can provide to their business customers, was introduced by American Express. Amex Business Link facilitates domestic and international transactions while taking the card and non-card payments, making it simpler for buyers and suppliers of all sizes to manage payments. The
July 6-9, 2023, Shanghai, China
July 6-9, 2023, Shanghai, China The China International Conference in Finance (CICF) provides an open platform that brings worldwide scholars together to present current research and stimulate new development in finance. CICF presented its first conference in 2002. Over the years, CICF has grown to be one of the leading finance research conferences in the
Account-based marketing (ABM) has gained traction in recent years, and according to LinkedIn, 84% of marketers say ABM helps maintain and grow existing relationships significantly. Ultimately, an organization implementing an ABM strategy must be able to understand each person behind an account, because that individual-level understanding is critical to executing with the surgical precision that
The UK and Singapore have agreed to a new MoU boosting FinTech trade and cooperation at the 7th Financial Dialogue in Singapore hosted on 25 November. The Fintech Bridge expands on a 2016 agreement that will lower barriers to FinTech trade by initiating new, routine discussions between businesses and regulators in addition to previous areas
Embedded banking provider ClearBank Ltd generated £45.4 million in revenue in YTD to October 2022, reaching monthly profitability for the UK-based bank. When compared to the same period in 2021, FinTech’s revenue has nearly tripled. Increased transaction volumes, new client sales, interest revenue, and the expansion of its FX and multicurrency proposition are all contributing factors to
Financial institutions and entrepreneurs have a complicated historical relationship. Entrepreneurs need the means to finance their businesses and stay afloat, which means they rely on banks for everything from business loans to checking accounts. And banks need entrepreneurs too. Without small businesses driving the economy, there’s not many banks can do. This (sometimes reluctant) codependency
Fintech and banks are not always the most comfortable partners, banks see banks as a digital threat to their business. This has created a “fear” among banks that fintechs are willing to beat them at their own game, as they serve customers in a way that banks may not, and fintechs too. tend to be
Synovus announced the introduction of Synovus Accelerate FX, an end-to-end, innovative FX solution to drive the expansion of international banking services. Synovus Accelerate FX provides foreign exchange payments and trading services with convenient access and management through the Synovus Gateway commercial banking portal. Synovus Accelerate FX is supported by Finzly, a FinTech provider of modern banking
The IRS states that if you work odd jobs for money, occasionally sell short stories or have both a day job and a side business, you are considered to be self-employed in the USA. Even if you occasionally declare a loss, what matters is that you operate your firm with the aim of generating a profit.
