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Financial IT is a digital magazine and online platform that features trends in FinTech sector Visit our website: www.financialit.net

Established about five years ago, Financial IT is the venue where community makes itself heard. Innovation is the common feature of the companies that we work with. Some are FinTech disruptors, posing a direct challenge to established institutions. Others are technology companies, providing solutions that produce positive outcomes for the institutions and their clients. We provide a digital platfo

rm for product listings, multimedia and other editorial content, reviews by financial IT companies’ clients, and overviews of major trade events. Financial IT magazine is published around 8-10 times a year in digital form. It is also available in print form at trade events through media partnerships. We believe that our competitive edge comes from our established relationships with financial IT companies and institutions, the breadth of the solutions described and the quality of content. Financial IT provides a detailed map of the ever changing space where the broadly defined financial services sector meets the IT sector.

15/11/2024

Mastercard Collaborates With Qover To Offer Embedded Return Service For Hassle-Free Shopping In Belgium And Luxembourg

Read more: https://financialit.net/news/e-commerce/mastercard-collaborates-qover-offer-embedded-return-service-hassle-free-shopping

Qover, a leading insurtech company committed to building a global safety net, and Mastercard are joining forces to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg. With Qover’s platform, Mastercard now offers a return shipping cost protection serv...

15/11/2024

PayJunction Appoints Scott Herriman As Vice President Of Engineering

Read more: https://financialit.net/news/people-moves/payjunction-appoints-scott-herriman-vice-president-engineering

PayJunction, a leading tech-focused payments company, announced today that it has appointed Scott Herriman as Vice President of Engineering. This appointment strengthens PayJunction’s executive leadership as the company continues to rapidly grow and innovate its product capabilities. As vice presi...

15/11/2024

PayPal Unveils Innovative Money Pooling Feature, Simplifying Group Expenses Between Family And Friends

Read more: https://financialit.net/news/financial/paypal-unveils-innovative-money-pooling-feature-simplifying-group-expenses-between

Today, PayPal announced a new experience that gives customers an easy way to pool money with friends and family for group gifts, travel, special events or other shared expenses. Rolling out globally across the US, Germany, Italy and Spain, the new experience gives customers the ability to set up a p...

15/11/2024

Waitrose Extends Collaboration With NCR Atleos, Expanding Cash Access

Read more: https://financialit.net/news/cash-management/waitrose-extends-collaboration-ncr-atleos-expanding-cash-access

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced a new five-year agreement to provide Atleos’ Cashzone Network ATMs in the John Lewis Partnership’s Waitrose supermarkets across the UK. The John Lewis ...

15/11/2024

MODIFI Secures Strategic Investment from SMBC Asia Rising Fund

Read more: https://financialit.net/news/fundraising-news/modifi-secures-strategic-investment-smbc-asia-rising-fund

MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanPaolo, Heliad and other top-tier global investors. Sumitomo....

15/11/2024

Lean Technologies Secures $67.5M in Series B Funding Led by General Catalyst

Read more: https://financialit.net/news/fundraising-news/lean-technologies-secures-675m-series-b-funding-led-general-catalyst

Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General Catalyst, a renowned Silicon Valley-based venture capital group. The round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Offi...

15/11/2024

Trolley Secures $23 Million USD Series B

Read more: https://financialit.net/news/fundraising-news/trolley-secures-23-million-usd-series-b

Trolley, a leading global payouts platform, today announced it has raised $23 million USD in a Series B growth equity funding round led by Wavecrest Growth Partners, with participation from existing investor Pace Capital. This investment will enable Trolley to accelerate product development, broaden...

15/11/2024

Pemo Hits AED 1.4BN in Transactions, Secures $7M in Pre-Series A

Read more: https://financialit.net/news/fundraising-news/pemo-hits-aed-14bn-transactions-secures-7m-pre-series

Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the region. Following two years of remarkable success in the UAE, the leading Dubai-based spend management platform has secured this funding in the wake of achieving a milestone moment of r...

15/11/2024

Bitget Hits ATH Trading Volume and Daily Active Traders Amidst Market Surge

Read more: https://financialit.net/news/trading-systems/bitget-hits-ath-trading-volume-and-daily-active-traders-amidst-market-surge

Bitget, the leading cryptocurrency exchange and Web3 company is proud to announce hitting all-time-high trading volumes, open interest and Daily Active Users. The recent market surge has increased activity on the platform, making it surpass major competitors ranking #3 globally for Futures trading o...

15/11/2024

Santander Commercial Bank Delivers New Products and Digital Capabilities to Drive More Seamless Client Experiences

Read more: https://financialit.net/news/banking/santander-commercial-bank-delivers-new-products-and-digital-capabilities-drive-more

Santander Bank, N.A. (“Santander” or “the Bank”) announced today that is has expanded its suite of digital cash management solutions to enhance the commercial client experience while reducing its overall cost to serve. With an increased focus on mobile banking and investments in treasury pro...

15/11/2024

Innovance and Salt Edge—A Strategic Collaboration to Boost the Delivery of Open Banking Solutions in the EMEA

Read more: https://financialit.net/news/open-banking/innovance-and-salt-edge-strategic-collaboration-boost-delivery-open-banking

Innovance Technologies, a leading software development powerhouse that delivers end-to-end solutions to financial institutions, joins hands with Salt Edge, a global leader in open banking, to boost the delivery of open banking solutions in the EMEA region. Offering tailored, in-house-developed solut...

15/11/2024

Adyen and Zalando Strengthen Partnership to Enhance Seamless Payments for Millions of European Shoppers

Read more: https://financialit.net/news/payments/adyen-and-zalando-strengthen-partnership-enhance-seamless-payments-millions-european

Adyen, the financial technology platform of choice for leading companies, announces the expansion of its long-standing strategic partnership with Zalando, Europe’s leading online multi-brand fashion destination. This strengthened collaboration reinforces Adyen’s role as one of Zalando's payment ...

15/11/2024

MSB Joins Forces With Backbase and SmartOSC to Drive Unified, Customer-Centric Digital Modernization With the Engagement Banking Platform

Read more: https://financialit.net/news/banking/msb-joins-forces-backbase-and-smartosc-drive-unified-customer-centric-digital

Backbase, creator of the Engagement Banking Platform, today announces that Maritime Commercial Joint Stock Bank (MSB), has made a strategic investment in the Backbase Engagement Banking Platform, with local implementation support from Backbase’s partner, SmartOSC, a premium digital enabler. This m...

15/11/2024

Tandem Appoints Matt Dobson as Chief Financial Officer

Read more: https://financialit.net/news/people-moves/tandem-appoints-matt-dobson-chief-financial-officer

After an extensive search, Tandem, which has moved into significant underlying profit over recent years, has appointed its new CFO to succeed Dave McCarthy. His appointment follows playing a key role in shaping its financial strategy, including leading its first Tandem Second Charge Mortgage securit...

15/11/2024

ConnexPay Receives Patent for Unified Payments Platform

Read more: https://financialit.net/news/payments/connexpay-receives-patent-unified-payments-platform

ConnexPay, the world’s first all-in-one B2B payments platform, has received a U.S. patent for a payments technology invention that unifies incoming payments and outgoing payments inside a single system. ConnexPay’s patent, U.S. Patent No. 12,118,519 granted by the United States Patent and Tradem...

15/11/2024

Mutual Vision Aims Big Following Significant Investment

Read more: https://financialit.net/news/fundraising-news/mutual-vision-aims-big-following-significant-investment

Mutual Vision has secured a significant investment from Big Ideas Group (BIG), a London-based family office that backs fintech start-ups and growth companies. This investment marks a new chapter for Mutual Vision. It will enable us to accelerate our product roadmap and expand our suite of digital so...

15/11/2024

Majority of Banks and Insurers Struggle to Maximize the Value From Their Cloud Investments

Read more: https://financialit.net/news/cloud/majority-banks-and-insurers-struggle-maximize-value-their-cloud-investments

The Capgemini Research Institute’s World Cloud Report for Financial Services 2025, published today, reveals a clear divide between how traditional and new-age financial institutions[1] view their cloud technology investments. Most banks and insurers adopt cloud solutions with the primary business ...

15/11/2024

The Need for Speed: Why Frictionless Payments Are Key to Winning Over Today's International Shoppers

Read the blog: https://financialit.net/blog/globalshoppers-digitalpayments/need-speed-why-frictionless-payments-are-key-winning-over-todays

Since the dawn of commerce, buyers and sellers have sought a smooth shopping experience. The digital age has made this more possible than ever, setting the standard for frictionless payments.

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Videos

🚀 The Financial IT Fall Edition is here! 🍁 Watch the highlights of this edition as we dive into the latest trends shaping the future of fintech! From ISO 20022 and cross-border payments to digital ID verification and fintech partnerships, this edition has it all. Read here: https://financialit.net/magazine/financial-it-fall-edition-2024

1 Week until GITEX Global 2024! In just 7 days, 200,000 tech executives from 180 countries will descend on Dubai World Trade Centre for the largest Tech & AI show on the planet. The dialogues and debates, conflicts and reconciliations, the hard talk and powerful networking will give rise to more productive interactions and meaningful outcomes amongst the digital ecosystems' stakeholders globally converging in Dubai. This is where the next wave of tech begins. 📢Skip the lines—register online now! 🗓 14 - 18 October 2024 📍 Dubai World Trade Centre 🔗 Register now: https://lnkd.in/d97CPxuk #GITEXGLOBAL #GITEXAFRICA #GITEXASIA #GITEXEUROPE #GITEXNIGERIA #GlobalDevSlam #ArtificialIntelligence #AI #AiEverything #GITEXIMPACT #ExpandNorthStar #GITEXCyberValley #FintechSurge #MarketingMania #FutureBlockchainSummit

NAGA Launches New 'Everything Money' Website Experience, Unifying Trading, Investing, Crypto, and Payments Read more: https://financialit.net/news/cryptocurrencies/naga-launches-new-everything-money-website-experience-unifying-trading #NAGA #EverythingMoney #Trading #Investing #Crypto #PaymentSolutions #FintechInnovation #FinancialServices #finance #fintech #FinancialIT

🏦 "What Is Interesting in Fintech"? Welcome to another episode on FinTech insights from Dubai! We dive into Klarna's struggles, Payoneer's quiet expansion, and UAE's fintech buzz. Are traditional VCs shifting away from fintech? Plus, Eric Schmidt's controversial take on work-life balance – is this the future of work in fintech? Stay tuned for insights that could reshape the industry. Stay tuned for insights that could reshape the industry. Watch the full video: https://youtu.be/2RUAyftxvIo #FinTech #DubaiFinance #BNPL #VentureCapital #Innovation #WorkLifeBalance #fintech #FinancialIT

💹 Daily funding highlights #funding #fundraising #fintech #FinancialIT

Fintech Buzz: Stripe's IPO, PayPal's Crypto Moves & More Catch the latest fintech buzz on the "What Is Most Interesting" podcast with Nodira Sadikova: Stripe: IPO rumors for 2024. PayPal: Eyes crypto acquisitions. Revolut: Expanding to Latin America. Robinhood: Tokenized asset investing. Square: Potential rebranding for inclusivity. Stay updated with Financial IT. Subscribe and share for more insights! #Fintech #Innovation #DigitalBanking #Blockchain #AI #FinancialServices #finance #fintech #FinancialIT

💹 Daily funding highlights #funding #fundraising #fintech #FinancialIT

Week 30 Fintech Recap 🚀 Last week's fintech highlights: 🔶 Revolut secures UK bank license. 🔶 Open Banking reaches 10M users. 🔶 NatWest acquires Metro Bank’s mortgage portfolio. 🔶 Morgan Stanley invests in Sokin. Stay ahead in fintech with Financial IT insights. 🌐📈 #Fintech #Banking #OpenBanking #Investments #FinancialServices #Revolut #NatWest #MorganStanley #Sokin

💹 Daily funding highlights #funding #fundraising #fintech #FinancialIT

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Financial IT: Innovations in FinTech

Financial IT is the UK publisher and digital platform that highlights FinTech World. We cover product listings, multimedia and other FinTech related editorial and comercial content, to make sure you stay updated about latest FinTech trends and events. Meanwhile, Financial IT provides unique international venue to make your company seen and heard. Visit our website: www.financialit.net