April 25, 2022

https://ift.tt/1u0Kf5o Register for our upcoming webinar with Banking Circle on Thursday 30 June at 15:00 BST as industry experts explore the merits of ‘re-bundling’ financial services, as payments businesses and banks aim to stake a claim in the increasingly competitive e-commerce marketplace. The advent of PSD2 triggered a revolution in the financial services sector. The […]

https://ift.tt/O4o1bLm Note: At the beginning of the pandemic, the delinquency rate increased sharply. Loans in forbearance are counted as delinquent in this survey, but those loans are not reported as delinquent to the credit bureaus.  Foreclosures are starting to increase following the end of the moratorium, but are at very low levels (see: Delinquencies, Foreclosures

https://ift.tt/QIWM4aC Register for our upcoming webinar with Banking Circle on Thursday 30 June at 15:00 BST as industry experts explore the merits of ‘re-bundling’ financial services, as payments businesses and banks aim to stake a claim in the increasingly competitive e-commerce marketplace. The advent of PSD2 triggered a revolution in the financial services sector. The

https://ift.tt/YdfEVZq Source: US Bank U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, Apex provides clearing and custody services to some of the top online brokerages, powering the future of

https://ift.tt/4gOKi9w Source: Rabobank Starting today 1000 customers with a Rabo payments account can see the impact their purchases have on the climate. With Carbon Insights customers can track in the Rabo App the CO2 emissions of every euro they spend. Rabobank is the first Dutch bank who provides its customers with an insight into the

https://ift.tt/SOYJzpK Source: Asic The Federal Court has ordered Westpac to pay penalties in the amount of $113 million for widespread compliance failures across multiple businesses, including Westpac’s banking, superannuation, wealth management and insurance brands. Justice Beach today handed down his decision in the last of six separate civil penalty proceedings filed by ASIC against Westpac

https://ift.tt/hKcGFsj Source: BMO Harris Bank BMO Harris Bank today announced it is giving customers the opportunity to support forest restoration by donating cardholder points to support the Priceless Planet Coalition. BMO customers will now be able to redeem credit card points and allocate them to tree-planting initiatives. Launched in 2020 by Mastercard, the Priceless Planet

https://ift.tt/2TEFQpP Source: US Bank U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, Apex provides clearing and custody services to some of the top online brokerages, powering the future of

https://ift.tt/zBS0igP Revolut has put the blocks on its Ukrainian reguee referral scheme after users exploited the programme to snag up to £250 in payouts. The referral play was part of Revolut’s programme to offer fee-free payments accounts to refugees fleeing the war in Ukraine. The scheme allowed existing customers to refer up to five other

https://ift.tt/vjua6fq Standard Chartered has acquired a virtual plot of land at The Sandbox metaverse’s Mega City district, a culture hub inspired by Hong Kong creative artists. Alex Manson, head of SC Ventures, Standard Chartered, says: “For the past few years, we have been building business models in crypto, digital assets and see the rise of

https://ift.tt/wNtDqZn A foreign exchange employee counts Indonesian rupiah in Jakarta. ROMEO GACAD/AFP via Getty Images Indonesian digital payment unicorn Xendit has become a minority shareholder in Bank Sahabat Sampoerna, a private bank focused on SMEs whose main owners are billionaires Putera Sampoerna and Djoko Susanto. With the deal, announced on April 21, Xendit will become

https://ift.tt/NFRkjS3 Source: BBVA BBVA has announced a 20 million dollar investment in Lowercarbon Capital, one of the few venture capital funds specializing in innovative companies in the climate change and decarbonization fields. This investment will focus specifically on the carbon capture sector. Lowercarbon’s carbon capture fund invests in companies that develop technologies to reduce CO2

https://ift.tt/5qWbGNE Source: European Parliament EU negotiators agree on landmark rules to effectively tackle the spread of illegal content online and protect people’s fundamental rights in the digital sphere. On Friday, Parliament and Council reached a provisional political agreement on the Digital Services Act (DSA). Together with the Digital Markets Act, the DSA will set the

https://ift.tt/QJxMASe Source: Chargebacks911 A leader in payment orchestration, Nexio today announces that it has partnered with Chargebacks911 – the leading dispute technology specialists. This alliance means that Nexio will now benefit from Chargebacks911’s end-to-end dispute management offering while reaping transformative results for its merchants. According to the True Cost of Fraud report by LexisNexis, every

https://ift.tt/81hqrM5 Richard Morgans, General Manager, UK & Ireland, Mambu speaks on FinextraTV about how digital innovations are shaping the future of banking. We hear about the top drivers for change and disruption in the banking space, the challenges associated with realising the benefits of digital transformation, how banks should respond with their business models, and

https://ift.tt/xsw78rL Source: zenda zenda, MENA’s first fintech app for families has announced it has secured a $9.4m oversubscribed seed round. zenda currently addresses pain points around the payment of school fees – in particular, the lack of convenience and flexibility in payment options for parents and the poor collection of payments for schools. zenda was

https://ift.tt/5wvsS9u Source: OCBC OCBC Bank and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore, have announced a strategic partnership to develop new green financing solutions aimed at accelerating large corporates’ journey to carbon neutrality. Scheduled to be launched later this year, these financing solutions will include

https://ift.tt/uYVDzQe Source: Moneythor Al Rajhi Bank Malaysia (ARBM), a subsidiary of Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA) and one the largest Islamic banks in the world, has selected Moneythor, a leading digital banking solution provider to implement innovative personal financial management (PFM) features in its upcoming digital bank in Malaysia. This

https://ift.tt/UudaB9h Source: PensionBee Leading online pension provider, PensionBee, is pleased to announce the appointment of Lara Oyesanya to the Board as a Non-Executive Director. Lara is the General Counsel and Company Secretary at Zepz Group, the international money transfer service operating across its main brands, WorldRemit and SendWave, serving as a member of their executive

https://ift.tt/anzEFC8 Source: PensionBee Leading online pension provider, PensionBee, is pleased to announce the appointment of Lara Oyesanya to the Board as a Non-Executive Director. Lara is the General Counsel and Company Secretary at Zepz Group, the international money transfer service operating across its main brands, WorldRemit and SendWave, serving as a member of their executive

https://ift.tt/grsVkYx Source: Vontobel Hamburger Sparkasse AG (Haspa) and Vontobel are entering into a partnership regarding the use of deritrade under which Haspa will give investment advisory clients the opportunity to tailor structured products to their individual needs live and in real time during consultations. Haspa is the leading bank for private clients and small and

https://ift.tt/i9RSJfh Source: Temenos Mirabaud is proud to announce the launching of the largest project the bank has ever embarked on, pushing ahead its highly regarded entrepreneurial and passionate team to the next level of client servicing thanks to the adoption of enhanced digital front and back-office capabilities. Starting in Spring of 2022, Temenos (SIX: TEMN)

https://ift.tt/0ecixgI Source: Shufti Pro UK-based Shufti Pro, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients. Banxy, the first and leading digital bank in Algeria was launched in

https://ift.tt/Glb2Xom JioMart branding on crates at a store that is a Jio Prime Merchant in Mumbai, India, on Monday, Nov. … [+] 9, 2020. Dhiraj Singh/Bloomberg Reliance Industries—controlled by billionaire Mukesh Ambani—has withdrawn its proposed acquisition of Future Retail, ending its lengthy battle with U.S. e-commerce giant Amazon for control of the Indian grocery chain.

https://ift.tt/BfSkpDn Marcus Lim, cofounder and CEO of Zipmex. COURTESY OF ZIPMEX Zipmex, a Southeast Asian crypto trading platform, has joined forces with teams from Australia’s A-League Men soccer league and National Rugby League to strengthen its foothold in the country, following $52 million in total funding over the years from investors including Singapore billionaire Eduardo

https://ift.tt/38ZDB27 Weekend:• Schedule for Week of April 24, 2022 • U.S. Demographics: Largest 5-year cohorts, and Ten most Common Ages in 2021 Monday:• At 8:30 AM ET, Chicago Fed National Activity Index for March. This is a composite index of other data. • At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for April. From