ACI Worldwide and InComm Payments partner to digitize cash payments
ACI Worldwide and InComm Payments announced a partnership that will digitize cash payments through the use of a barcode payment token.
UK’s biggest lenders to unveil plans for ‘open banking’ rollout
Britain’s biggest lenders will this week unveil proposals for a not-for-profit company to oversee the industry’s attempt to bolster competition.
TrueNorth partners with Mambu
TrueNorth, a global fintech software development company, have announced a partnership with Mambu, a SaaS banking platform which empowers tech-forward financial institutions to design and service nearly any financial product. This partnership creates a cost-effective way for regional banks, credit unions and community banks to integrate with a leading cloud-native, modern core processor. The TrueNorth/Mambu venture is well-timed as COVID-19 signaled the accelerated need for digital technologies at small and medium-size financial institutions, many of whom may have found themselves priced-out of upgrading their technologies and customer experience. Johanna Pugh, Managing Director, North America at Mambu states, “This is a true partnership that helps deliver market changing technology to US-based […]
UK fintech review lays out a plan to supercharge the industry
A £1bn growth fund, changes to visas and new listing regulations are among the recommendations to grow the UK fintech sector.
India attracted $2.7 billion in fintech investment in 2020: KPMG
‘Payments remained the hottest area of investment, followed by insurtech and wealthtech’ India attracted $2.7 billion in fintech investment in 2020, the second-highest amount ever after 2019’s record $3.5 billion, according to the Pulse of Fintech H2’20, a bi-annual report on global fintech investment trends published by KPMG. While the majority of fintech investment was seen early on in the year, merchant platform Pine Labs and Razorpay each raised $100 million in H2 2020. “Payments remained the hottest area of investment, followed by insurtech and wealthtech,” says the report. Fintech investors also adjusted their strategies in the second half of the year, shifting focus more to profitability. Investors moved away […]
Fintech Ignition Advice expands European team with UK footprint
Fintech Ignition Advice continue their growth with a move into the UK market establishing new teams in London and Edinburgh.
Irish fintech Fineos on target to surpass €100m in revenues
Insurance software company Fineos is forecasting a sharp rise in full-year revenues this year to more than €100 million.
DTCC proposes approach to shortening U.S. settlement cycle to T+1
DTCC has released an industry roadmap for shortening the settlement cycle for U.S. equities to one business day after the trade is executed.
