The modern workplace is undergoing a significant transformation, with diversity, equity, and inclusion (DEI) becoming essential to organizational success. As the workforce becomes increasingly diverse and Generation Z enters the job market with a strong emphasis on DEI, companies are realizing the importance of creating an inclusive environment where every employee has the opportunity to thrive. Assessing the Current State
In the landscape of financial technology, DailyPay’s recent expansion to small businesses represents a significant milestone. With a reputation as a leading worktech company, DailyPay has traditionally catered to larger corporations. Now, by turning to small businesses—often understudied in discussions about employee financial wellness—DailyPay is bringing on-demand pay services to a sizable portion of the American workforce, who represent nearly
Intellect Design Arena, a trailblazer in the FinTech sector, has fortified its strategic position with the appointment of Rajesh Mehta to its Growth Advisory Board. This distinguished name in financial technology delivers pioneering solutions tailored to the banking and insurance industries worldwide. Famed for products like Intellect Global Transaction Banking (iGTB), Intellect Global Consumer Banking (iGCB), and Intellect AI, Intellect
In a significant stride to revolutionize the payment landscape, Elavon and FreedomPay have joined forces to deliver state-of-the-art payment solutions to European retailers and hospitality providers. This partnership underscores a shared vision to offer seamless payment experiences synonymous with innovation and security as e-commerce and in-person purchasing converge. Elavon and FreedomPay: A Symbiotic Partnership Elevating Payment Security and Flexibility Elavon’s
The financial technology sector in the Middle East has seen rapid growth and transformation over the past few years. An array of global fintech companies have been vying to build a presence within this burgeoning crucial market. Among them, Airwallex, a comprehensive financial platform designed for modern businesses, has recently announced a strategic expansion into the Middle East. This move
Buy Now, Pay Later (BNPL) services have revolutionized how we shop, challenging banks to adapt quickly. Splitit has emerged as a pioneering solution with its FI-PayLater system, bridging the gap between consumers’ love for flexible payment and the credibility of traditional financial institutions. By integrating instant installment payment features directly at checkout points, Splitit empowers banks and credit card providers
Visa’s recent move to join the AWS Partner Network (APN) signifies a strategic step toward improving payment processes on a global scale. With the integration of select Visa services into AWS Marketplace, Visa simplifies access to its payment solutions for over 300,000 AWS customers. Businesses, particularly fintechs and financial institutions, stand to benefit as they can now seamlessly add Visa’s
The Jensten Group, a prominent insurance brokerage in the UK, has successfully boosted its expansion plans by securing a robust financial package surpassing £170 million. This substantial injection of funds is underlined by the participation of esteemed financial entities such as LGT Private Debt, Bridgepoint Credit, and Livingbridge Private Equity, illustrating their strong belief in Jensten’s growth trajectory and its
Bridgewise is harnessing the power of advanced artificial intelligence to revolutionize investment strategies and decision-making processes. By analyzing massive volumes of financial data with exceptional precision, Bridgewise is enabling investors to make more informed and potentially profitable investment choices. With a significant infusion of capital propelling its global expansion, Bridgewise is poised to provide its innovative AI solutions to markets
The introduction of the Rapid Access Mastercard marks a significant development for small businesses in the U.S., grappling with funding concerns, where a majority (77%) experience financial stress. This innovative financial instrument is a collaborative effort by Rapid Finance, Galileo Financial Technologies, and SoFi Bank, aimed at revolutionizing the way small enterprises manage cash flow. By interlinking a prepaid business
The Indian healthtech startup, ClaimBuddy, has recently hit a milestone by securing $5 million in its Series A funding round. This significant financial boost highlights the burgeoning interest in technology-driven solutions tailor-made for the healthcare industry, especially in the realm of health insurance. With a focus on digitizing and demystifying the often complex process of health insurance claims, ClaimBuddy stands
The landscape of financial transactions for small and medium-sized enterprises (SMEs) is on the cusp of a major shift, thanks to the burgeoning alliance between GoCardless and Sage. GoCardless, a leader in bank payment processing, and Sage, a titan in cloud-based accounting, join forces to modernize how SMEs manage their payments, guided by open banking advancements. This significant move in
