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
Credit Karma, a consumer technology platform with more than 120 million members in the United States, has announced plans to offer a tax refund-focused experience with Intuit TurboTax. This experience will help members navigate each phase of the 2022 tax season, including helping them estimate refunds and provide personalized recommendations on how to optimize refunds.
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
Temenos announced that Mbanq, one of the US’s leading Banking-as-a-Service (BaaS) providers, has expanded its relationship with Temenos to accelerate BaaS adoption in the US.’ This agreement deepens cooperation between the companies following the launch of a joint credit union providing services last year (affiliate). Temenos also made a small investment in Mbanq to enter
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
Singapore-based fintech Nium has launched a closed-loop payments solution, Nium Airline Payments (NAP), powered by Universal Air Travel Plan (UATP). NAP aims to provide airlines, travel agents and online travel agents (OTAs) with a sustainable and fair closed payment model that seeks to end harmful surcharges and The no-accept policy restricts companies that are notorious for inflating B2B
ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, sub-accounting, sub-ledgering, FBO, and trust accounts for commercial customers, announced it has finalized its $11 million Series A funding round. This round was completed by the Independent Community Bankers of America (ICBA) and BankTech Ventures, LP (BTV). Led by ICBA,
Michael Barr, the Federal Reserve’s top regulatory official, said Monday the U.S. central bank is watching for any stresses to the financial system amid a weakening economy, and signaled that stiffer oversight of cryptocurrency is in the offing. The Fed “will be heightening its focus on liquidity, credit, and interest-rate risks as supervised institutions manage
Rick Castello discusses Open Banking with RETHINK Retail at the NACS Show.
JPMorgan Chase and Visa are to establish connectivity between their global private blockchain networks, Liink and B2B Connect. As part of the partnership, Visa B2B Connect will use Validation, a new tool from Liink, to authenticate new accounts for cross-border payments and approve accounts when new users join. Validation allows organizations to securely validate account information before
10 Oct - 13 Oct 2022 | 9:00 am
10 Oct – 13 Oct 2022 | 9:00 am Sibos 2022 returns to an in-person event centering on “Progressive finance for a changing world”, with over 250 speakers debating major industry topics including embracing the digital landscape, succeeding in uncertain times and driving sustainability and ethics. Read More
October 5-7, 2022 Hilton Barbados Resort
October 5-7, 2022 Hilton Barbados Resort Join us to deep dive into the critical evolution underway in financial services and what it means to entrepreneurs, investors and financial institutions. Immerse yourself in the full Fintech Islands Experience (Fix). Beyond captivating speakers and cutting-edge exhibits. Read More
