Fresh from FinovateFall in New York, we’ve got a raft of fintech news to share and catch up on. Be sure to check Finovate’s Fintech Rundown all week long for the latest in industry news, announcements, and headlines.
Credit unions
Formerly PSCU/Co-op Solutions, Velera will provide card processing solutions for BrightStar Credit Union courtesy of a new partnership.
Open banking
International fintech Ebury teams up with Salt Edge to expand its open banking presence in the EU and U.K.
Payments
CloudPay announces integration with Workday to launch its Global Payroll Connect solution.
Revolut integrates with Spain-based digital payments platform, Bizum.
Boost Payment Solutions launches, Boost 100XB, its new cross-border payments solution for U.S.-issued commercial cards.
Regtech
Germany’s largest state bank, Landesbank Baden-Württemberg (LBBW), partners with Ireland’s Fenergo to upgrade its client onboarding operations.
Banking-as-a-Service
Banking-as-a-Service (BaaS) provider Intergiro launches its no-code, white label app development platform.
BaaS platform NymCard partners with Mastercard to enhance global money transfers from the UAE to 47 countries.
E-commerce
DNA Payments unveils Apple Pay Express Checkout to give merchants additional payment acceptance options.
KYC/AML
PwC Norway deploys Strise’s AML Automation Cloud to enhance its AML processes.
Photo by Jeremy Thomas on Unsplash
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Conclusion:
After diving into the latest fintech updates from FinovateFall in New York, it’s clear that the industry is bustling with innovation and collaboration. From partnerships in credit unions to advancements in open banking and payments, the fintech landscape is continuously evolving to meet the needs of a modern digital economy.
Regtech solutions are streamlining operations for banks, while Banking-as-a-Service providers are offering innovative platforms for app development. E-commerce is also seeing new payment acceptance options, and KYC/AML processes are being enhanced through automation.
As we look ahead, one thing is certain – the fintech sector shows no signs of slowing down. Stay tuned for more exciting developments and groundbreaking news in the world of finance and technology.
