Zopa Gains Insight into Loan Customers’ Affordability
P2P lender and challenger bank Zopa recently formed a partnership with Paylink Solutions to tap into the company’s cloud-based digital income and expenditure product, Embark. Paylink’s Embark will...
View ArticlePayroll in the New Normal
These days, you would be hard-pressed to find anyone whose job hasn’t changed because of COVID-19. And since payroll plays a major role in customers’ careers, we wanted to explore the ins-and-outs of...
View ArticleRoad Blocks on the Way to Coinbase’s IPO
You’ve probably heard that cryptocurrency exchange platform Coinbase is considering going public later this year or early next year. But this likely won’t be a traditional fintech IPO. That’s because...
View ArticleScalable Capital Lands $460 Million Valuation with New $58 Million Funding Round
Scalable Capital landed $58 million (€50 million) for its roboadvisory platform this week. The new funds come courtesy of BlackRock, HV Holtzbrinck Ventures, and Tengelmann Ventures. Today’s round...
View ArticleAmazon is Now an InsurTech
Amazon is adding to its financial services offerings this week. The online retail giant is reportedly planning to sell insurance in India. The move marks Amazon’s first foray into insurtech. “Our...
View ArticleWhy an AI Center of Excellence is the Key to Success
The following is a guest post by Wilson Pang, Chief Technology Officer of Appen. Becoming an AI-first Organization in Finance Many global organizations are recognizing artificial intelligence (AI) as...
View ArticleInteractions Launches Virtual Collections Agent
Intelligent virtual assistance company Interactions launched a new product this week that aims to help accounts receivable management companies in their collections efforts. The new product, Virtual...
View ArticlePaysafe Acquires Cash-to-Online Payments Company Openbucks
Global payments platform Paysafe announced its acquisition of online payments innovator Openbucks. Financial terms of the deal were not disclosed and the companies expect the acquisition to be...
View ArticleVisa to Incorporate Cryptocurrencies into its Payments Network
It seems as if cryptocurrencies are starting to capture the attention of mainstream financial services providers. This week, Visa has shown to be no exception. The payments giant recently revealed...
View ArticleIntuit’s QuickBooks Steps into the Challenger Bank Ring
There’s no denying that challenger banks are one of the hottest things in fintech right now. The coronavirus has accelerated the need for a purely digital banking solution and this boost in demand has...
View Article5 Things Giving Fintechs Hope Right Now
Let’s face it, 2020 hasn’t been the year we were anticipating. We’re experiencing increased stress levels created by not only by fears of contracting a life-threatening virus, but also an economic...
View ArticleCircle Lands $25 Million, Partners with Digital Asset Brokerage Firm Genesis
Blockchain-based money transfer platform Circle is making double headlines today. The U.S.-based company not only landed $25 million in funding, it also partnered with Genesis, an institutional...
View ArticleA Place for Robots at the Banking Table
The new, low-touch economy has set me thinking about robots recently. The less society is able to interact with fellow humans, the more voids exist, especially in the services industry. And I’m not...
View ArticleThe QR Code Makes a Comeback in U.S. Mobile Payments
Remember when the mobile payments game was first getting started? The industry was rallying around NFC as the technology of choice for mobile payments. BLE was a close second, and QR codes were...
View ArticleSix More Banks to Launch Digital Bank Accounts with Google
Step aside, challenger banks. Google and a band of eight traditional FIs are coming for you. News broke this morning that six financial institutions have joined Citi and Stanford Federal Credit Union...
View ArticleThe Potentials and Vulnerabilities of Adopting Smart Contracts
This is a guest post written by Shannon Flynn, managing editor at ReHack.com. People in the fintech industry have inevitably heard about smart contracts. Here’s how they’re shaping the sector and why...
View ArticleGrab Goes B2C
Super app Grab is becoming a lot more super. That’s because the Southeast Asia-based company that specializes in transportation, food delivery, and payment solutions is expanding into...
View ArticleBanking-BigTech Deals Are on the Rise: Citi Partners with Amazon
Point of sale financing is all the rage in fintech right now. Consumers are looking to continue buying habits despite lower income and merchants are vying for ways to boost consumer spending. So when...
View ArticleBnext Adds $13 Million to Series A Round
Place another notch in the belt of the challenger banking crowd. This week banking alternative Bnext extended its Series A round by $13.08 million (€11 million), adding to the $26.7 million (€22.5...
View ArticleWirex Inches Toward U.S. Launch
2020 may be a tough year overall, but it has been quite good to the cryptocurrency space. PayPal announced plans for a cryptocurrency offering, Visa revealed plans to incorporate cryptocurrencies into...
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