The Customer is King: Achieving a 360 View for Hyper-Personalized Results
As competition intensifies within the financial services sector, understanding your customer in a 360 way is something that all firms must confidently be able to do.
BlackRock Taps Coinbase to Facilitate Bitcoin Purchases
BlackRock has selected Coinbase to help its clients buy and sell bitcoin. Under the partnership, clients of BlackRock Aladdin will benefit from Coinbase Prime. Partnering with Coinbase will help BlackRock add digital currencies as an asset class for the first time. Coinbase is partnering with BlackRock to help some of the asset manager’s institutional clients Read more…
OCR Labs Brings its Digital ID Verification Technology to Bloom Money
London’s OCR Labs announced a partnership with Bloom Money, a company that seeks to enhance financial wellness for immigrant communities. Bloom Money will leverage OCR Labs’ technology to provide biometric and document verification during its onboarding process. OCR Labs won Best of Show at FinovateAsia in Hong Kong in 2017. London-based digital ID verification innovator Read more…
American Express Unveils Cross-Border Payments Tool for Businesses
American Express is launching American Express Global Pay, a cross-border payments tool for U.S. small businesses. Businesses can use American Express Global Pay to pay suppliers in more than 40 countries and in 12 currencies. American Express did not disclose exact fees, but said that it will display the fees when the business is creating Read more…
Bridging the Gap: Connecting Banks with Fintech Applications to Accelerate Innovation
Upcoming Webinar: Bridging the gap: Connecting banks with fintech applications to accelerate innovation
Date: Wednesday, September 21, 2022 | Time: 03:00 PM British Summer Time
Rapyd to Power Rakuten Viber’s New Viber Pay
Rapyd has partnered with Rakuten Viber this week. Rapyd will facilitate in-app payments for Viber users. “Through this partnership, Rakuten Viber can confidently step into the world of payments and become a leader in embedded finance, supported by Rapyd’s licensed end-to-end fintech offerings,” said Rapyd CEO Arik Shiltman. Payments platform Rapyd partnered with consumer-facing messaging Read more…
MX Names Former PayPal Exec as New CEO
MX has appointed Jim Magats as CEO, replacing Interim CEO Shane Evans. Magats comes to MX after spending 18 years as a senior executive at PayPal, where he specialized in open finance. Evans will continue to serve as a senior advisor. Open finance fintech MX named Jim Magats CEO this week. The news comes after Read more…
Arkose Labs Integrates with Ping Identity to Better Defend Against Bot and Human-Led Fraud Attacks
Finovate Best of Show winner Arkose Labs announced an integration with Ping Identity. The partnership will combine Arkose’s Fraud Deterrence Platform with Ping Identity’s PingOne DaVinci no-code identity orchestration service. Arkose Labs made its Finovate debut in 2019. Ping Identity has been a Finovate alum since its appearance at FinovateEurope in 2012. Fraud deterrence and Read more…
4 Ways the New X1 Credit Card Differs from the Competition
The $2.4 trillion consumer credit card industry has been getting crowded, but the increase in competition is not enough to stop X1, one of the newest players in the smart payment card space. X1 was founded in 2017 to create a challenger credit card that fits today’s digital-first era. “With X1, we tossed the rulebook Read more…
Singapore’s TurnKey Lender Raises $10 Million in New Equity and Debt Funding
Lending automation platform and decision management solution and services provider TurnKey Lender has secured $10 million in new funding. The amount raised represents a blend of both equity financing and debt. Led by OTB Ventures, the round featured participation from German development finance institution DEG and Vertex Ventures. TurnKey Lender will use the additional capital Read more…
Klarna Integrates with Blackhawk Network Bringing Buy Now, Pay Later to Grocery Stores and Beauty Salons
Blackhawk Network and Klarna have teamed up to bring Klarna’s alternative payment solutions to customers shopping with physical merchants. The partnership comes as consumers show greater interest in using Buy Now, Pay Later payment options at retailers such as grocery stores, as well as for services. Among Finovate’s earliest alums, both companies made their Finovate Read more…
Berlin Insurtech Wefox Closes $400 Million Funding Round
Digital insurance agency Wefox raised $400 million in a combined debt and equity round. The funds boost Wefox’s valuation from $3 billion to $4.5 billion. Wefox relies on technology to take a “prediction and prevention” approach, rather than relying on a “repair and replace” mindset. Digital insurance agency Wefox just raised $400 million in a Read more…