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Empower Finance completes the acquisition of Cashalo and reaches a contract to purchase Petal.

After completing the acquisition of Cashalo, a consumer credit and lending company located in the Philippines, Empower Finance, a US-based credit underwriter, has reached a final agreement to purchase Petal, a credit card and financial tech company.

By Travon Stracke | April 12, 2024 | 0 Comments

Genesis Global introduces a platform for automated credit processing.

Genesis Global introduced a novel approach to mechanize bank procedures aimed at mitigating credit risk in lending and financing enterprises.

By Madilyn Swift | April 11, 2024 | 0 Comments

For credit risk modeling, FICO Partners and Atto Partner collaborate.

With great pleasure, Atto, a pioneer in transactional data-based credit risk solutions, announces a strategic alliance with FICO, a leader in global analytics software, for the UK market.

By Madilyn Swift | April 11, 2024 | 0 Comments

OneSumX Reg Manager is unveiled by Wolters Kluwer for community banks and credit unions.

OneSumX Reg Manager is a recent addition to Wolters Kluwer Compliance Solutions' portfolio.

By Tyree Schoen | April 06, 2024 | 0 Comments

Visa Introduces A New Service for Managing Subscriptions

The massive payments company Visa introduces its new Subscription Manager tool, allowing users to track and manage their subscriptions in one location.

By Travon Stracke | April 05, 2024 | 0 Comments

Oka obtains $10 million in historic financing for carbon offsets Insurance Technology

Leading player in the carbon credit insurance space, Oka, recently announced the closing of a $10 million fundraising round.

By Tyree Schoen | April 05, 2024 | 0 Comments

US retailers and Visa and Mastercard announce historic agreement to reduce swipe costs.

Credit interchange charges will be reduced and capped for the next five years as part of a historic agreement that Mastercard and Visa negotiated with US retailers.

By Travon Stracke | March 29, 2024 | 0 Comments

UK FinTech Yonder and InsurTech Qover collaborate.

Prominent InsurTech Qover has partnered with Yonder, a UK-based credit card FinTech, to offer Yonder's members frictionless and all-inclusive travel insurance.

By Tyree Schoen | March 27, 2024 | 0 Comments

US startup Frich Money and MSU Federal Credit Union launch a test program.

Michigan State University Federal Credit Union (MSUFCU) and the US-based social finance app Frich Money have partnered on a trial project to help credit unions draw in and keep younger members.

By Travon Stracke | March 21, 2024 | 0 Comments

Less than two years after introduction, NatWest will abandon the BNPL option.

In less than two years after its original launch, NatWest plans to discontinue its Buy Now Pay Later (BNPL) option.

By Tyree Schoen | March 08, 2024 | 0 Comments