Numeral Teams Up with HSBC Innovation Banking UK to Boost Embedded Payments

French fintech Numeral is collaborating with HSBC Innovation Banking UK to enable clients of both companies to embed HSBC Innovation Banking UK’s payment and account services via Numeral’s APIs. Among the first companies to embrace this new offering is insurtech and fellow Finovate alum Qover, which will leverage the technology to enhance its claim payout Read more…

Gridspace Unveils Emotional Intelligence Capabilities for Virtual Voice Agent Grace

Voice technology and AI software innovator Gridspace unveiled new emotional intelligence capabilities for its virtual voice agent Grace. The new capabilities enable Gridspace’s voice agent for business to respond faster and more empathetically to the speaker’s emotions. The enhancements also improve Grace’s ability to express its emotional states. “Grace’s new emotional intelligence capabilities make voice Read more…

10 Strategies Fintechs Can Use to Acquire More Customers Right Now

This is a sponsored article by Glassbox. Fintech leaders, C-suite executives, and investors are facing an epic challenge: How do we adapt our customer acquisition strategies as the landscape becomes more competitive? In this article, we’ll highlight the challenges fintech companies face in customer acquisitions and the benefits of digital experience intelligence (DXI) in understanding Read more…

Mastering AI Deployment in Banking and Fintech

As the banking sector stands at the precipice of a new era powered by fintech innovation, mastering the rapid deployment of AI technologies is not just beneficial—it’s imperative. At FinovateSpring 2024, Chris Brown, President of Intelygenz USA, will share pivotal insights during his keynote on “Accelerating Bank-Fintech Fusion: Deep Tech & AI Solutions in Action.” Read more…

Gen AI, Geopolitics, and the Blue Dot Customer: 3 Conversations from FinovateEurope

Today we’re sharing our final set of conversations from our European fintech conference, FinovateEurope. This round of interviews expands beyond our recent look at embedded finance, open banking, and the customer experience in financial services to cover broader themes like AI, the intersection of geopolitics and finance, and the customer of tomorrow. The truth about Read more…

SoFi to Act as Sponsor Bank for Rapid Finance’s New Line of Credit Prepaid Card

SoFi and its subsidiary Galileo are teaming up this week with small business banking platform Rapid Finance to launch the Rapid Access Mastercard. The new offering is a prepaid commercial card that allows Rapid Finance’s small business customers with a line of credit in good standing to access their funds. The card will give companies Read more…

Onboarding Automation Specialist Setuply Partners with CheckmateHCM

A strategic relationship between client onboarding automation specialist Setuply and human capital management solution provider CheckmateHCM will help new employees “adapt and excel in their roles swiftly,” Setuply CEO Rachel Lyubovitzky said in a statement. “Observing our technology facilitate streamlined onboarding and creating opportunities for emerging knowledge workers is gratifying,”Lyubovitzky said. “This showcases the potential Read more…

Themes From the 21 Fintech YCombinator Graduates

YCombinator (YC) recently wrapped up its three-month winter tech accelerator program, holding its demo day last week. This program, which is one of two the accelerator hosts each year, comprised of 21 fintech companies. The fintech graduates from YC’s winter program can be broken down into six main categories: asset management, banking and exchange, credit Read more…

Finovate Global Nigeria: Payments, Supply Chain Financing, and a Look at our African Alums

This week Finovate Global looks at recent fintech news from Africa’s most populous nation: Nigeria. Nigerian blockchain network Zone secures investment Last week in Finovate Global we noted the news that Nigerian blockchain network Zone had raised $8.5 million in seed funding. This week we’re filling in some of the details of the investment – Read more…

Finzly Launches Account Galaxy Embedded Banking Solution

Account Galaxy is the name of the newest solution from Finzly. The Banking-as-a-Service (BaaS) solutions provider unveiled the new embedded banking solution in an announcement today that highlights how Account Galaxy can help banks participate in embedded banking. Account Galaxy offers two main use cases to facilitate BaaS functionality: advanced payment processing and flexible accounting Read more…

SoFi’s Galileo Extends Partnership with The Bancorp to Offer Real-Time Payments

SoFi-owned Galileo Financial Technologies has expanded its relationship with The Bancorp Bank this week in an effort to enable real-time payments. Under the scaled up agreement, Galileo and The Bancorp will leverage The Clearing House’s Real Time Payments (RTP) network to fuel real-time payments services. By offering instant money movement between bank accounts, the two Read more…