World leader in global digital payments, Visa joins AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise and tools to build solutions and services for customers. Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select Visa services more efficiently. Global Payments Simplified Visa is committed to making transactions faster, easier and more secure for all players in the payments ecosystem. Visa will make select payment services available in the AWS Marketplace, which has m ..read more

Global fintech company, Unlimit launches operations in India, today announcing its entry into the Indian market and the receipt of its Reserve Bank of India (RBI) Online Payment Aggregator license, marking another important milestone on the company’s global expansion strategy. This development authorizes Unlimit to operate as a payment service provider in the region, enabling the delivery of a wide range of payment services and methods to help local businesses expand their reach to a larger audience. Unlimit’s launch of operations in India is timely as the country is experiencing major growth ..read more

Today, the leading enterprise platform for data automation, Duco appoints Josh Monroe as Chief Revenue Officer. Based in New York, Josh brings a wealth of experience to the role and reports directly to Michael Chin, Duco’s Chief Executive Officer. Josh will lead Duco’s Revenue organization, overseeing global sales, account management, marketing, customer success, solution engineering, and partnerships as the company continues to outperform competitors and accelerate growth. Josh most recently served as Chief Revenue Officer at Xceptor. Prior to this, he held key leadership positions at Itiviti ..read more

The world’s largest card-linked installment platform, powering thousands of merchants and millions of shoppers, Splitit unveils FI-PayLater. Splitit will unlock its extensive merchant network to banks and card issuers (FIs) that wish to offer installment plans to existing customers, directly at the merchant checkout. Splitit’s groundbreaking solution, FI-PayLater, enables FIs to connect directly into Splitit, or connect via their existing card network, to drive incremental lending and fee income from BNPL use cases. Traditionally, financial institutions (FIs) have struggled to unlock flexible ..read more

Today at Ignite! 2024, Finastra, a global provider of financial software applications and marketplaces, announced the availability of its latest mobile banking software, Next Gen Mobile Banking, a new digital banking experience for community banks and credit unions. The advanced mobile banking application provides a seamless user experience, offering financial institutions customization options and enhanced security features. This comes as community financial institutions strive to maintain and grow market share in a competitive and consolidating landscape, which requires cutting-edge mobile b ..read more

Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today the release of its latest research in partnership with Cornerstone Advisors’ Ron Shevlin, chief research officer. The Digital Banking Performance Metrics report is compiled from self-reported data collected in fiscal year 2023 from a sample of 81 financial institutions, including 39 banks and 42 credit unions with an average asset size of $4.6 billion. With increased industry emphasis on digital offerings and expanded technology cap ..read more

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital. Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment. The latest capital infusion will fuel the next stage of the company’s growth and advance its mission to enhance retirement savings through its innovative blend of advanced technological solutions with a high-touch, advisor-based m ..read more

In a ORX survey of 26 of the world’s biggest banks and insurers, three quarters (75%) of firms said that they have started using external GenAI tools in operations, with the most popular being Microsoft Copilot. This has been used by over 61% of those surveyed, followed by ChatGPT (52%) and Google Bard/Gemini (9%). However, almost a fifth of firms (17%) have yet to decide where oversight responsibility resides, leading to a lack of clarity on a single ‘best practice’ approach on which functions and teams should be involved. The Risk Management Considerations for Generative AI Report from ORX ..read more

In 2020, Nationwide led the industry with the launch of an entire suite of in-plan protected retirement solutions to help employer-sponsored retirement plan participants convert their savings into protected income they won’t outlive in retirement. Now Nationwide will accelerate adoption of these solutions by being the first in the industry to allow plan sponsors to automatically default participants into a protected retirement solution through Dynamic Default. While many employers are familiar with setting a default investment for participants – Nationwide’s dynamic default will allow the empl ..read more

Funding Societies, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced a strategic partnership with Singapore E-Business (SGeBIZ) – a digital procurement, payment and sourcing platform provider – to bring B2B (business-to-business) embedded finance (EmFi) solutions to businesses in Singapore, that will channel Funding Societies’ digital financing capabilities via the “Buy Now, Pay Later” (BNPL) feature offered within the latter’s procurement solution, EzyProcure. The partnership will allow the over two thousand businesses, who are using ..read more