SoFi Debuts Student Loan Tool
SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.
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B2B BNPL Provider Hokodo Acquires European Payments License
The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.
Plaid Adds ID Verification Across Platforms
Enhanced verification features from Plaid enables previously verified users to sign up for additional digital finance apps without proving their ID over and over again
BNY Mellon Partners With MoCaFi on Payments to the Unbanked
The new service from BNY Mellon Partners and MoCaFi is designed for federal, state and local governments and corporations looking to reach those who are unbanked or underbanked
Apple Cash Adds Recurring Payments
Apple Cash users will be able to set up weekly, biweekly, or monthly payments from its Apple Cash digital card
Intuit Introduces LLMs for Fintech
The new operating system for generative artificial intelligence will feature AI large language models (LLMs) trained on Intuit’s financial data
Amazon Pay Adds BNPL Option by Affirm
Eligible U.S. merchants offering Amazon Pay to their customers can now seamlessly add Affirm’s Adaptive Checkout flexible payment option at checkout
Facial Recognition to Work at 20K ATMs in Japan
After about four years in working, facial recognition biometric solution from the Seven Bank is set to be deployed at around 20,000 ATMs nationwide as early as March 2024
Akurateco Partners with Skrill to Redefine Global Payment Experiences
A global leader in white-label payment software, Akurateco, has announced its strategic direct integration with Skrill, a renowned EU-based digital payment solutions provider and a part of the Paysafe Group.
Australia Wants to End Check Payments
In Australia, the era of paper checks is gradually coming to an end.
Payrails Raises $14.4 Million for Its OS for Complex Payments Flows
Payrails, a startup that has developed a platform for creating and using high-quality corporate payment services, announced on Wednesday, June 7, that it had received funding for $14.4 million.
DoorDash Takes Tip From Grubhub With Amazon Canada Partnership
Recognizing that the DashPass subscription growth strategy was aimed at organic channels rather than developing partnerships, DoorDash has changed its position on this issue.
How Fintech Is Helping Fantasy Sports Leagues Grow and Succeed
Fantasy sports have been around for decades, giving athletes and fans alike a way to virtually manage their favorite teams or players. And now, with the help of fintech tools, these leagues have gotten an incredible boost that has made them even more fun and accessible than ever before.
Mastercard Reports ESG Achievements
Mastercard ESG strategy and efforts, expressed through the pillars of People, Prosperity and Planet, are directly connected to its long-term success as a company
Unlimit Expands to Kenya
Fintech Unlimit (previously known as Unlimint) expanded its services to the Kenyan market, upon securing a Central Bank of Kenya licence
Swift Tests Use of Its Infrastructure for Transfers Over Blockchains
Swift is currently testing its infrastructure in terms of its suitability for the transfer of tokenized value over blockchain networks.
Fintech & Ecommerce
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