FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.
Swift and Wise Join Forces to Expand Cross-Border Payment Options Globally
Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency.
Tingo Group Launches Next Generation of TingoPay Super App
Tingo Group, a profitable and fast growing fintech, agri-fintech and food company, announced the launch of the next-generation version of its super app, TingoPay. Following the completion of a successful beta test on Android, the TingoPay super app is now available as a full version on both iOS/Apple and Android, incorporating state-of-the-art security features such as two-factor authentication and biometric identification.
Umpqua Bank Names Nicole Bascomb-Green Head of Community Lending
Umpqua Bank, a subsidiary of Columbia Banking System Inc., announced the appointment of Nicole Bascomb-Green as Head of Community Lending. In this role, Bascomb-Green is responsible for the management of the community lending team, harnessing Umpqua’s full resources and expertise—including the Umpqua Bank Charitable Foundation, and the bank’s Community Reinvestment Act experts, product and retail banking leaders—to deliver innovative products and programs that address housing affordability and access issues focused on low-to-moderate income BIPOC communities.
Payitoff Launches the Bank Deposit Impact Estimator to Assist Financial Institutions in Managing the Student Loan
Payitoff, a leading provider of consumer debt guidance tools for financial institutions, fintech, and financial wellness providers, launched its Bank Deposit Impact Estimator tool from the floor of FinovateFall 2023. As federal student loan payments are set to resume, financial institutions are bracing for a potential tidal wave of $18 billion in monthly payments exiting bank accounts.
Unlock Seamless Payments Across Borders with OwlPay: Now Available on Shopify App Store
OwlTing Group, a prominent blockchain enterprise in Asia, has recently unveiled the app of its innovative payment solution, OwlPay, now available on the Shopify App Store. Through the app, global merchants can seamlessly synchronize their orders and vendor information onto the platform with just a few clicks and split orders for vendor payments based on the product price.
