The Financial Services Innovation Lab (FSIL), which serves as an interface between the financial services industry and faculty and students at the Georgia Institute of Technology, and Fiserv (Nasdaq: FISV), a leading global provider of payments and financial services technology with a flagship presence in Georgia, are partnering on a new initiative to better understand consumer financial health.
Coinbase has hit out at the SEC after the regulator insisted that some of the crypto assets involved in an alleged insider trading scheme involving a former employee of the firm were securities.
In a media release circulated by Paddy McDonnell, head of media relations for AIB, the bank announced it will retain its 170-strong branch network and will not remove cash services from 70 of its branches - a reversal on its announcement earlier this week.
OneConnect Financial Technology Co., Ltd (OneConnect, NYSE: OCFT, HKEX: 6638), the leading technology-as-a-service (TaaS) provider and an associate of Ping An Group, today announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions jointly developed with Brazil-based technology company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS) firms.
Integrating Youtility’s platform allows Pockit customers to compare and save on household subscriptions helping to save hundreds of pounds each year. The ongoing cost of living crisis is projected to worsen throughout 2022, particularly in October when energy bills are expected to rise by 40% to c. £3,300, plunging 30% of UK homes into fuel poverty. Helping Pockit customers to reduce their spending will help users build financial resilience and potentially avoid the need to rely on expensive overdrafts or payday loans.
Qonto, online payment solution targeted at freelancers and SMEs, has announced its intention to acquire German fintech, Penta. The deal is expected to close within the next few weeks.
Finnish IT services provider, Tietoevry, has announced that it is mulling over the option of separating and listing the Tietoevry Banking unit, as part of a wider strategic review.