e& (formerly Etisalat Group) recently announced that eWallet is undergoing a major transformation into a new FinTech company called e& money. As the FinTech arm of e& life (one of the specialist business pillars of e&), e& money aims to revolutionize the customer experience through its innovative financial super app marketplace. The announcement builds on the
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Alerus Financial Corporation recently announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank headquartered in Phoenix, with approximately $453 million in total assets, $280 million in total loans, and $402 million in total
The acceleration in digital transformation and digital adoption across all industries has raised customer expectations over the last few years. The way customers want to pay for or access services has changed for good, so insurers, just like all those in financial services, have to meet those expectations to stay competitive. Consumers were already getting
Tide, an SME-focused business financial platform that began setting up operations in India in 2020, announced that it has partnered with Transcorp International Limited, a 27-year-old Reserve Bank of India (RBI) regulated Authorised Dealer Category II and perpetual Prepaid Payment Instrument (PPI) license holder, to launch co-branded prepaid cards (Tide Expense Card) as an entry product. Tide
Leading FinTech startups are gaining popularity in the global financial sector with AI apps Artificial intelligence and other cutting-edge technologies are helping industries to embrace digital transformation efficiently. Similarly, the financial sector is adopting financial apps and other FinTech services through modern technologies. FinTech startups are ready to thrive in the financial sector with a
Derivative Path, a leading provider of capital markets technology and derivatives execution services to regional and community banks, announced it is collaborating with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments. Using TxB’s API-based platform, Derivative Path clients can now provide a
NatWest announced the launch of its Carbon Planner, a free-to-use digital platform designed to help UK businesses manage their future fuel and operational costs and reduce their carbon footprint to help them go and grow greener. The launch follows the bank’s broader commitment to lend £100 billion to businesses in Climate and Sustainable Funding and Financing by
Understanding the culture and adapting your business to the local context are key strategies for foreign companies looking to grow in the United States. This was one of the key messages to emerge from a recent ‘Doing business in the USA’ event co-hosted by Mazars to promote the attractiveness of the United States and provide
Synch Payments, the Irish instant mobile payments provider, has agreed with the European PayTech Nexi as its platform and service provider to help bring the Synch proposition to Irish customers and merchants. Synch recently secured authorization from the Competition and Consumer Protection Commission (CCPC), clearing it to trade and paving the way for the company to
Citcon Inc., the leading mobile wallet payment provider, enabling global commerce at scale, recently announced it has completed the integration of its unified payments API into the Bold Commerce headless checkout experience. The combined Citcon and Bold Commerce solution will enable leading retailers and DTC brands to accept and process more than 150 payment methods,
iBanFirst announced the acquisition of the London-based FX provider, Cornhill. The acquisition builds on iBanFirst’s long-term funding partnership with private equity firm Marlin Equity Partners, established in June 2021. The acquisition is a testament to the company’s focus on accelerating its international expansion, strengthening partnerships, and cementing market leadership across Europe. Following the post-Brexit transition,
