3S Money, the UK bank challenger, has partnered with ClearBank, the cloud-based clearing bank, to offer multicurrency accounts to its retail and corporate clients for the first time, to support their international growth and that of their end users. The partnership will enable 3S Money’s corporate clients to hold multiple currencies in their accounts and make faster,
i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with KARTY, a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country. Leveraging i2c’s global payments platform, Karty’s mobile wallet will provide Visa-branded digital cards, enabling instant, cashless P2P
Fintech 3.0 has revolutionised the financial world by taking banking and finance to consumers’ phones. But what does the growth of neobanks mean for the banking sector and new-age banks? Fintech is not a new concept. Fintech 1.0 saw the emergence of the transatlantic cable in 1866 and the introduction of one of the most
Our salary advance product, On-Demand Pay, is designed with flexibility in mind. Your employees can withdraw a portion of their accrued wages as they earn, so they can tackle unplanned expenses debt-free. Cultivate a happier workforce and attract great team members with a benefit that puts their financial wellbeing first.
Ever since Bitcoin came to the fore as a cryptocurrency providing an alternative to traditional finance, blockchain has been demonstrating its capabilities within financial services. In this article, we take a closer look at how blockchain technology is driving value for financial service organizations. The value of DeFi One key financial services use case for
CCC Intelligent Solutions (CCC), a leading SaaS platform for the P&C insurance economy, announces it has acquired Safekeep, an AI leader in subrogation claims management technology. Safekeep is an enterprise platform that leverages AI to speed and improve subrogation management across auto, property, workers’ comp, and other insurance lines of business. The acquisition of Safekeep is a
Remove the pressure of paying multiple credit card bills on different banking platforms with Fyncr, the first all-in-one-card bill payment mobile application in the United States that aims to help people better manage their credit cards, save more and spend intelligently. Fyncr is the only platform that allows every credit card owner to securely store, view,
Payments provider DNA Payments has acquired Card Cutters, a card acceptance specialist, as part of its strategy to grow in the U.K., the company announced in a news release Wednesday Based in the U.K. and Ireland, Card Cutters provides merchant services and payment technologies to small, independent retailers and larger multi-outlet businesses. London-based DNA says the acquisition will also include
As fintechs broaden their product sets and partner more closely with banks, the once-clear line where fintech ends and banking begins is increasingly muddled, raising questions about customer privacy, data security, compliance and other issues. Banks partnering with fintechs must evolve their compliance and third-party management processes to successfully manage the relationship, says Tom Grundy,
Amplify Credit Union announced Wednesday (Feb. 9) that it is rolling out fee-free banking, so members won’t pay fees on checking, savings and business banking accounts — including account maintenance fees, regardless of balance. The Austin, Texas-based credit union also removed fees for wire transfers and overdraft protection. CEO Kendall Garrison said this could be a change for the
Insurtech Honey Insurance and mortgage aggregator Finsure Group have partnered to design a digitalised process that they say embeds home insurance into mortgage applications. Finsure’s nationwide network of more than 2000 brokers will offer clients insurance that is integrated into its Infynity platform. “Customers of Finsure brokers can now get their home insurance at the same time they get their mortgage
What do Blockbuster, Vine, and Compaq have in common? The answer lies at the heart of every business decision ever made—the need to evolve and stay relevant or cease to exist. Some years ago, one savvy business person said it best, “What’s most dangerous in business is to not evolve.” Today, that same person has
