Mashreq Introduces Enhanced Business Platform Mashreq Biz
One of the leading financial institutions in the United Arab Emirates (UAE), Mashreq, launched a new digital platform, BIZ, for SMEs to facilitate their financial routines.
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CTOS and Maybank Islamic Introduce Malaysia’s First Banking-as-a-Service Initiative
The collaboration between CTOS and Maybank Islamic aims to provide SMEs and retail customers with personalized, Shariah-compliant financial solutions, offering tailored services and incentives.
LexisNexis Updates Health Intelligence Platform for U.S. Life Insurers
LexisNexis Health Intelligence platform helps life insurers make quicker, smoother decisions and provides more accessible digital health data, improving the experience for insurance applicants.
PagBank Reports Record Net Profit of R$2.3 Billion for 2024
Brazilian digital bank PagBank, known for its innovation in financial services, has revealed record financial results in its annual report for 2024.
Nubank Plans to Unveil New Market This Year
Nubank, one of the fastest growing digital financial institutions in the world, plans to announce this year an expansion after the sweeping through its home market Brazil, and also Mexico, and Colombia.
CredCore Raises $16 Million to Disrupt Enterprise Debt Investment with AI
The $16M Series A funding round led by Avataar Ventures will help CredCore, an AI-driven startup, to enhance transaction efficiency in the enterprise debt investment sector, enabling clients to expand their teams and increase their assets under management (AUM).
Arta Finance Launches Tailored Wealth Management Features for Finance Professionals
Finance professionals often have limited access to private market investments, so Arta aims to change that with tailored tools that enable advisors and brokers to build more diversified and sophisticated portfolios aligning with their professional requirements.
Cornerstone Financial Credit Union Adds Flexibility to Online Banking With BNPL Offering
Managing over $627 million in assets, Cornerstone is the first credit union in Tennessee to offer BNPL solutions to its 48,000 members for on-the-go access to instant funds and extra flexibility.
Rise in AI Search Engine Use Ushers New Marketing Era
Bain & Company reveals that 80% of search engine users rely on AI summaries at least 40% of the time, forcing brands to rethink their marketing strategies or lose visibility.
Lili Launches International Payments for SMBs
Lili now offers international wire payments across 27 countries to support small businesses in global expansion.
Kashable Partners With UKG to Expand Accessibility
Kashable, a provider of financial wellness solutions, has struck a partnership deal with UKG to extend its socially responsible credit access to 2.5 million people across more than 250 companies.
Imperia Raises Funds to Expand Supply Chain Management Software
The Spanish company Imperia has raised more than 10 million euros (about $10.5 million) as part of a Series A financing round to fuel the international expansion of its supply chain management software.
Ascendion and Axos Bank Join Efforts to Revolutionize Digital Banking With AI
In collaboration with Ascendion, a leader in AI-driven software engineering, Axos Bank’s Zenith platform is set to incorporate innovative features that streamline banking operations and offer personalized services to its users.
Mastercard’s Middle-Market Play Uses Digital Innovation
The middle market continues to draw the attention of payments and banking companies, as further confirmed by the fact that Mastercard last Tuesday, February 18, announced a package of digital and financial management tools designed for the mentioned segment.
PayRange Acquires Turns to Optimize Laundromat Business
This acquisition aims to create a comprehensive all-in-one technology platform for the laundromat industry by integrating PayRange payment solutions with Turns operational management software.
Trustly CEO Says Loyalty and Savings to Spur Consumers to Go Bank-Direct at Checkout
Trustly Inc. founder and chief executive officer Alexandre Gonthier said during a conversation with media representatives that, despite the uncertainty in regulation, pay by bank at retail, which uses open banking to carry out direct payment transactions between bank accounts, should become more widespread in the United States.
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