With its acquisition of financial analysis as a service company FlashSpread, digital mortgage platform BeSmartee’s ability to deliver a complete, digital lending experience just got that much more complete. “We are excited to welcome FlashSpread and Ariel Trybuch to the BeSmartee family,” CEO and co-founder of BeSmartee Tim Nguyen said in a statement. “This is Read more...

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PayPal has confirmed recent rumors regarding plans to launch its own stablecoin. According to Bloomberg, which broke the news last week, a developer found evidence of PayPal’s future stablecoin in the form of the below logo inside the fintech’s iPhone app. SVP of Crypto and Digital Currencies at PayPal Jose Fernandez da Ponte later confirmed Read more...

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An investment of $70 million from Sumeru Equity Partners will enable online facial biometric authentication specialist iProov to expand its business in the United States, grow its worldwide partner network, and add more “top-quality staff” to its global team. “This investment by one of America’s leading growth funds recognizes the preeminent position we have established,” Read more...

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FinTech Automation (FTA), an infrastructure-as-a-service platform, announced that it has partnered with Finicity to access consumer data to ensure secure account validation during the account opening process. The collaboration also will drive a transition away from outdated validation methods such as time-consuming micro-deposits. “Integrating consumer-permissioned data from Finicity’s open banking network streamlines account opening and Read more...

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Visa-owned open banking platform Tink has finalized its purchase of FinTecSystems. The acquisition, which was initiated prior to Visa purchasing Tink, was first announced in May of last year. The integration of the two companies combines Tink’s open banking platform and FinTecSystems’ product suite to offer a more complete solution when partnering for open banking Read more...

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The latest chapter in Bank of Charles Town’s digital transformation was written today. The West Virginia-based financial institution announced that it is collaborating with Jack Henry & Associates to digitize its commercial lending operations. “We selected Jack Henry’s lending platform because it supports our broader digital banking strategy,” Bank of Charles Town (BCT) Vice President Read more...

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Late last month, credit management solutions provider CRIF announced plans to team up with Swoop Funding, a business funding and savings platform. CRIF anticipates the partnership will help the U.K.’s community of 5.9 million SMEs access more funding and ultimately grow. Swoop will leverage CRIF’s Credit Passport business credit scoring technology that provides real time Read more...

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German online lender Kreditech announced a rebrand this week. Now known as Monedo, the company has completed a major C-suite overhaul –...

Natural language processing technology innovator Eigen Technologies has added $5 million (£4 million) to its Series B, taking the round’s total to $42...

Small and medium-sized businesses working with Australian cross-border payments company Airwallex will be getting some help with their books. The company has announced...