The Fintech Times
MAY 19, 2024
The American Fintech Council (AFC), the industry association representing fintech firms and innovative BaaS banks, is joining forces with private equity firm Raido Capital Partners. Known for its expertise and experience in the fintech ecosystem, Raido Capital Partners will now collaborate with members of the American Fintech Council , providing insight and thought leadership.
Fintech News
MAY 19, 2024
Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. This collaboration seeks to provide consumers with a safer and more efficient shopping experience by streamlining the resolution of transaction disputes and reducing associated costs. The new integration will combine Salesforce’s Financial Services Cloud (FSC) with Mastercard’ s dispute resolution services, including Ethoca Alerts and Ethoca Consumer Clarity.
The Fintech Times
MAY 19, 2024
Over three million people across the UK may have been forced to borrow from illegal lenders in the last 12 months, according to new research from responsible lender Creditspring. A third (31 per cent) of people in the UK currently feel stuck and feel there is nothing they can do to improve their financial situation, Creditspring revealed. This situation has led to six per cent of UK adults borrowing from illegal lenders in the past 12 months alone.
Fintech News
MAY 19, 2024
Osome, a finance administration platform for small and medium enterprises (SMEs), has announced the completion of its Series B funding round, raising over US$17 million in a combination of equity and debt. This funding came from both new and existing investors. With this new funding, Osome aims to enhance its product offerings, focusing on automation and artificial intelligence (AI) to better serve its expanding customer base.
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Finezza
MAY 19, 2024
In loan servicing and commercial lending, it is essential to efficiently manage paperwork, cash flow analysis, and other time-consuming tasks. Since loan administration requires excellent precision, timeliness and accuracy are essential. Typically, manual and ineffective management is observed, particularly in companies whose primary business isn’t corporate lending, like intent company loans and ancillary financing.
Fintech News
MAY 19, 2024
Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data sharing rules and opportunities for new revenue streams. Twimbit, a Singaporean research and advisory firm, identifies data monetization as one of the biggest growth opportunities for banks in Asia-Pacific (APAC), which, alongside super-app platforms, financial marketplaces, banking-as-a-services and buy now, pay later (BNPL) arrangements, are projected to
Finextra
MAY 19, 2024
Half of young Brits have been left frustrated after finding their local branch closed when they needed it, according to research from Nationwide.
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