Top Stories

Yellow Card closes US$33m series C funding round to drive global expansion and strategic initiatives

The round, led by Blockchain Capital, brings Yellow Card to US$85 million in completed equity financings. Yellow Card, the largest and first licensed Stablecoin on/off ramp on the African continent, has announced the closing of its Series C financing. The...

Bread Financial launches IRA retirement savings and CDs

Bread Financial, a tech-forward financial services company, has introduced its IRA Retirement Savings and CDs, a new individual retirement account (IRA) offering that includes High-Yield Savings Accounts (HYSA) and Certificates of Deposit (CD) options. The ...

FinTech’s growing indifference to agency banks highlights rifts in long-term relationships 

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, has released research into the attitudes of FinTechs towards agency banks, with worrying implications for long-term relationships.  The report, ‘How...

Limited payment choices drive away one-third of hotel guests

New research published by Adyen, a global financial technology platform of choice for leading businesses, has uncovered the importance of a frictionless payment experience for hotel customers, with over a third (32%) of consumers admitting to have left the...

Klarna now an official Apple reseller with the launch of new storefront

Klarna, the AI-powered global payments network and shopping assistant, has unveiled ‘Apple from Klarna’, a storefront in the Klarna app and Klarna.com where customers can purchase Apple products using its flexible payment options. Now an official Apple res...

“It simply isn’t good enough” – Revolut calls for Meta to commit to sharing reimbursement of fraud victims 

Revolut, the global FinTech with over 45 million global customers, is calling on Meta to commit to sharing reimbursement of fraud victims, arguing that its recently announced data-sharing partnership with UK banks and financial institutions falls woefully...

HSBC launches new embedded finance venture

HSBC has launched its new jointly owned venture, SemFi by HSBC, which aims to deliver Seamless Embedded Finance solutions to business clients.  The new technology company is a joint venture between HSBC and B2B global trade network Tradeshift. SemFi...

CFA Institute debuts Diversity, Equity and Inclusion Code for the Investment Profession in Asia Pacific with Australia launch 

CFA Institute, the global association of investment professionals, and CFA Society Australia, has launched the Australia edition of its voluntary Diversity, Equity and Inclusion Code for the Investment Profession (DEI Code).  The voluntary DEI Code is...

SpotMe, Chime’s fee-free overdraft, surpasses US$30 billion in spotted transactions

Leading consumer financial technology company, Chime, has announced that its fee-free overdraft feature, SpotMe, has covered its members with more than US$30 billion in transactions since the product launched in 2019. SpotMe empowers everyday people to...

Meta partners with NatWest to combat scams 

Meta and NatWest are expanding a first-of-its-kind information sharing partnership to help protect people against fraud. The Fraud Intelligence Reciprocal Exchange (FIRE) is a threat intelligence sharing programme for financial institutions, allowing banks...

Three steps to elevate your CX: The ultimate blueprint for financial services success

Ryan Tamminga, SVP of Product and Services, Alchemer, on how financial services providers leverage customer feedback to drive excellent experiences. CX is the differentiator for financial services companies Financial service providers are aching to...

The BNPL boom: How new payment options are defining the customer loyalty race

The frenzy of Christmas and Halloween marketing is already in full swing, with date reveals of Christmas market returns to pumpkin patch locations, retailers are gearing up to execute their strategies as the Golden Quarter approaches. This year, however,...