Truv has announced a partnership with Totem to enable automated direct deposit transfers through Truv’s authorized consumer data platform for all Totem customers. This partnership is one of many for Truv, where they are helping depository institutions take the direct deposit transfer process from days to seconds. In 2023, depository institutions will see a decrease
Trustly, the global payments platform for account-to-account (A2A) digital transactions, today announced the close of its acquisition of UK-based Open Banking payments platform EcoSpend UK, after being approved by the FCA. Trustly and EcoSpend together become the leading Open Bank payments company in the UK, providing connectivity to over 80 banks and reaching around 50
Lloyds Banking Group has invested £4m in Caura, a car app that consolidates all driving-related payments in one place. Caura’s iOS and Android apps promise to simplify driving-related payments for the 30 million UK motorists, who often have to use up to 10 apps and websites to manage their vehicles. their. Drivers receive relevant information
Salv, a regtech startup founded by a group of former Wise and Skype employees, has raised €4 million in an expansion round led by ffVC and with participation from G+D Ventures. Salv Bridge is a real-time crime-fighting collaboration platform that uses the collective power of the network to reduce non-compliance and financial crime. The GDPR-compliant
Let us explain in this short video why you don’t need to become a fintech to embed financial services into your digital product. After all, you’re a business, not a bank. Weavr is the fastest and most cost-efficient solution for any business wishing to embed finance. Our Financial Plug-ins are fully-formed solutions that bring together
FNZ, the global asset management platform, has agreed to acquire YieldX, a US provider of bond portfolio management technology, optimization services and direct indexing tools to the industry. Asset Management. Financial institutions, advisors and their clients will benefit from the unique combination of FNZ’s full-service platform and YieldX’s digital infrastructure and technology solutions. These innovative
The payments industry was once dominated by a handful of giants, but now sees near-constant market entry by fintech companies, each offering disruptive thinking and technology. new technology in this field. This means an innovative mindset must become the norm for any brand looking to influence payments. As we’ve seen in retail, media and banking,
Anyfin, a Swedish startup that offers refinancing of consumer loans and credit card debt using a combination of artificial intelligence and snapshots of current statements and payment terms. debt pocketed $30 million in a Series C funding round led by existing investor Northzone. Launched in November 2017, Anyfin founders Filip Polhem, Mikael Hussain and Sven
Worldline, the world leader in payments services, is proud to announce that it has been awarded the title of Top Employer 2023 in Europe and Asia-Pacific by the Leading Employer Institute, a global body that recognizes excellence in people management. The recognition affirms Worldline’s global leadership in HR best practices Worldline participated in a leading
Ongoing economic uncertainty and inflated valuations are having a dramatic impact on the fintech funding cycle. Last year’s numbers paint a bleak picture – according to CB Insights, fintech companies raised $20.4 billion in Q2 2022, almost half the amount raised in the quarter. 2 years in 2021. With fintech valuations and start-up capital plummeting
HES Fintech, a leading smart lending platform provider, today announced a partnership with Acquired.com, a payments specialist and payment initiation service provider based in the UK. The UK, through which lenders using HES will be able to take advantage of a sophisticated payment solution designed to enable fast loan disbursements and transparent borrower-centric methods of
