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Grasshopper launches digital application for SBA loans

Grasshopper, the client-first digital bank built for the business and innovation economy, announced the launch of a digital application for borrowers to apply directly for Small Business Administration (SBA) loans. Small business owners can now get pre-qualified for an SBA 7(a) loan in less than 10 minutes from any device using this online form.

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Versapay appoints Ed Neumann CFO

The leading Accounts Receivable Efficiency Suite, Versapay appoints Ed Neumann as its new Chief Financial Officer (CFO). Neumann will be responsible for Versapay’s financial strategies and will lead the charge on building and scaling a high-growth business model for the company.

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EU regulators consult on techncial standards for Digital Operational Resilience Act

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched today a public consultation on the draft Regulatory Technical Standards (RTS) on the conduct of oversight activities in relation to the joint examination teams under the Digital Operational Resilience Act (DORA).

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AWS responds to second consultation on technical standards under Digital Operational Resilience Act

In October 2023, we briefed customers on our submission to the public consultation on the first batch of regulatory technical standards (RTSs) made under DORA.

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Signicat Introduces InstantKYC and InstantKYB for smooth onboarding

Signicat, the leading platform of digital identity solutions in Europe, announces the launch of its new products InstantKYC and InstantKYB.

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Team8 establishes roadmap for fintech in 2030

Team8, a leading global fund that builds and invests in companies playing a crucial role in the digital transformation of major sectors, released a new report on the future of fintech, titled “2030 and Beyond: An Unconventional Look at the Future of Fintech.”

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WorldFirst unveils global sourcing payments product for B2B payments into China

WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially SMEs in international trade, has launched WorldTrade, a new payment solution for global sourcing to bolster the security and speed of cross-border payment for international Small and Medium-sized Enterprises (SMEs) that procure goods from suppliers based in China, while ensuring the prompt delivery of products for the SME buyers.

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Latvian fintech startup inGain raises EUR 650,000

Latvian fintech startup inGain has announced that it has raised EUR 650,000 in funding from venture capital funds Trind VC and Fiedler Capital, as well as from the Latvian Business Angels network and several business angels.

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Manchester fintech Lemon raises £500k in pre-seed funding

Today, Manchester-based fintech, Lemon, is announcing it has successfully raised its pre-seed funding round, securing £500K to support the business through the next stage of development.

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MUFG and Crédit Agricole complete first Chips payment in ISO 20022 format

MUFG Bank, Ltd., one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS network, the largest private-sector high-value clearing and settlement system in the world.

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Aurora launches one-stop payments platform for SMEs

A full-service payment solutions provider, Aurora Payments launches ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses).

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EverBank signs with Backbase

Backbase, the global leader in Engagement Banking, announces its collaboration with EverBank, a nationwide provider of high-value financial services to consumer and commercial clients, to support the bank’s ongoing digital transformation.