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Welcome to the first week of February! Both FinovateEurope and Valentine’s Day are just around the corner, and there’s lots to love about this week’s fintech news headlines. Below, we’ve aggregated the top news in fintech for the week. We’ll continue to add more announcements as the week progresses.
Payments
Payments platform PPRO and Southern European Buy Now, Pay Later (BNPL) solution provider Scalapay announce partnership.
Verisave launches credit card processing fee optimization program for professional services firms.
NCR Atleos and Heart of England Co-operative extend relationship to enhance financial inclusion.
STAR Financial Bank partners with CorServ to meet demand for enhanced commercial credit cards.
dLocal partners with DHL Express Brazil to automate Pix payments and accelerate parcel release.
Wealth management
UK-based Novum Investment Management secures investment form UK local government pension fund to launch and scale Doris, a new offering to help transition people from saving to investing.
Envestnet appoints Jonathan Linstra as Chief Growth Officer (CGO).
Arcesium acquires Limina to deliver a unified front-to-back investment platform.
Back office tools
HuLoop and Ceto partner to advance adaptive work optimization for financial institutions.
Embedded lending
Affirm expands buy now pay later network with Expedia.
Digital banking
OnePay names Patrick O’Connell Chief Financial Officer.
Afin Bank introduces new Chief Risk Officer Rebecca Griffin.
DeFi
NymCard enables stablecoin settlement with Visa in the Gulf Cooperation Council (GCC) region including countries such as Saudi Arabia, the UAE, and Oman.
Credit, data, and analytics
Analytics software firm FICO forges global partnership with technology consulting and digital solutions provider Tech Mahindra to help companies integrate AI-powered decisioning and advanced analytics.
Digital identity and verification
LexisNexis Risk Solutions announces the availability of LexisNexis IDVerse for Insurance, an AI-powered document authentication and identity verification solution.
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Julie Muhn (@julieschicktanz)
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