FINANCIAL MANAGEMENT, FINTECH

Intrinio, a Leading Provider of Fintech Analytics, Has Now Added ETF Data to Its Platform

Intrinio | September 16, 2022 | Read time : 01:42 min

Intrinio, a Leading Provider of Fintech Analytics
Intrinio is proud to announce their partnership with CFRA, a leading provider of independent research and analysis.

Intrinio is pleased to undergo a new partnership with CFRA, an independent research firm that provides financial analysis and data for the global investment community. The partnership will allow Intrinio users to access CFRA’s rigorous standardization methodology, which has been used to provide industry-leading ETF expertise since 2002.

The new condensed version of their ETF endpoints will afford startups and individuals the opportunity to provide their users with increased insights and awareness of thousands of ETFs. A deep understanding of ETF structures and underlying methodologies ensures the robustness and integrity of the hundreds of ETF data points that power all of Intrinio’s ETF endpoints.

Intrinio is a top data provider that specializes in high-quality information and customer service. The company provides modern tools for financial technology platforms (companies whose business relies on the use of electronic transactions) as well as businesses who need real-time access to market data. One of Their most popular offerings is the extensive ETF data package the company provides.

To ensure that all of their users have access to the critical ETF data points they need Intrinio is also releasing a condensed version of their ETF endpoints. This version will afford startups and individuals the opportunity to provide their users with increased insights and awareness of thousands of ETFs.

About the Company:
Intrinio is a full-service financial data provider with a focus on serving the B2B market from startups to enterprise-level customers. Intrinio offers introductory price points and data subscription packages that scale, making it still affordable and accessible for developers and quants. If a customer visits the website, they can sign up, chat with the team, and get an account, API keys, and trial data within minutes. Intrinio offers trials, monthly and annual pricing, full customer support, and co-marketing.

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INVESTMENT MANAGEMENT, WEALTH MANAGEMENT

First Fidelity Bank launches digital wealth management services with Unifimoney - enabling customers to bank and invest

Fidelity Bank | December 09, 2022

First Fidelity Bank (FFB) a $2.6 billion-asset community bank headquartered in Oklahoma City today announced the launch of a comprehensive digital wealth management solution with Unifimoney, a multi asset digital investing platform. Unifimoney’s platform is a turnkey digital wealth management solution incorporating Robo-advisory and commission free trading of thousands of stocks and ETF’s, digital assets and precious metals. FFB customers will be able to access and sign up to Unifimoney via the bank's existing digital banking app with Jack Henry and invest in a range of both traditional and alternative investments. Because the Unifimoney solution is already fully integrated within Jack Henry’s digital banking platform through the Banno Digital Toolkit, this enabled FFB to go live with the solution quickly and without further technical integration. Digital assets execution and custody services are provided through Gemini Trust Co. LLC, a leading US based crypto exchange licensed and headquartered in New York and authorized by the New York State Department of Financial Services to engage in virtual currency business activity. Brokerage accounts and services are offered through Apex Clearing Corporation (Apex), a subsidiary of Apex Fintech Solutions. Apex is registered with the SEC, a member of FINRA and a participant in SIPC “Our customers have a diverse set of money-management and investing needs, from their first job through to retirement, Offering a bundled banking and investing solution creates a compelling way to help people actively engage in their long term wealth management journey, however they choose to invest. We selected Unifimoney as our strategic partner after meeting them through the ICBA ThinkTECH Accelerator program, to help deliver on this vision.” -John Symcox, Chief Innovation Officer at First Fidelity Bank Community banks have a unique and critical role to play in helping people achieve financial resilience through responsible, self-directed investing, Their ability to bring better, more compelling products and services to their customers, by combining banking and investing together is a powerful example of that,Unifimoney CEO Ben Soppitt said. First Fidelity Bank is leveraging our modern, open digital platform, which integrates with innovative fintechs such as Unifimoney, to build comprehensive and differentiated digital experiences that allow them to become the center of consumers’ financial lives, We’re committed to empowering financial institutions with services that improve the long-term financial health of customers and protect their wealth from further disintermediation,said Julie Morlan, senior managing director of digital solutions for Jack Henry. The ability to innovate and evolve is critically important for community banks and was the genesis behind the creation of our Accelerator program, We’re pleased to see these collaborations take root and deliver value-add for community banks through the rollout of important services like digital wealth management for consumers,ICBA Executive Vice President and Chief Innovation Officer Charles Potts said. About Unifimoney Unifimoney is a multi-asset turnkey digital wealth management platform that serves Community Banks and Credit Unions to enable them to offer a compelling range of investment services to their customers. The Unifimoney platform today includes both passive and active investing in traditional equities and ETF’s, digital assets and precious metals. Unifimoney RIA, a wholly owned subsidiary of Unifimoney Inc. is a SEC registered RIA. Unifimoney is part of the ICBA 2022 ThinkTech Accelerator Program. First Fidelity Bank First Fidelity Bank, OK is a family owned institution dedicated to the success of our customers on their financial journey. Bringing together technology and relationships, First Fidelity Bank is a leader for banking innovation. For over 100 years First Fidelity Bank has been a stable and innovative bank, competing with the largest institutions while maintaining the identity of our community banking relationships.

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CORE BANKING, PAYMENTS

Sabre, Conferma Pay and Mastercard Join Forces to Power the Travel Economy with Virtual Cards

Sabre, Mastercard and Conferma Pay | November 29, 2022

Sabre Corporation (NASDAQ: SABR) a leading software and technology provider that powers the global travel industry, and Conferma Pay, a global fintech firm that specializes in payment technology, today announced a new partnership with Mastercard to accelerate the use of virtual cards for business-to-business (B2B) travel payments. Today's announcement builds on Sabre's August 2022 acquisition of Conferma Pay. The collaboration with Mastercard is the next step in advancing Sabre's goal to create an open and independent travel payment ecosystem. Digitization of travel payments with virtual cards helps address the historic challenges associated with B2B leisure and corporate travel payments. The securely generated, single use card numbers provide a link between booking and associated payments to third party suppliers. 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Now, the new partnership with Mastercard will help Conferma Pay to build new and enhanced digital capabilities in virtual cards, transforming the payment experience for issuers." -Roshan Mendis, Executive Vice President and Chief Commercial Officer, Sabre Travel Solutions As part of the agreement, Mastercard has agreed to make a minority investment in Conferma Pay, which will continue to operate independently and serve the entire travel industry and beyond. Mastercard's investment in Conferma Pay is subject to customary closing conditions. A combination of experience, technologies and capabilities will accelerate travel payment innovation and drive inclusive and sustainable growth for the sector, Virtual cards deliver visibility, boost liquidity and increase control over B2B payment flows, which enhance payment strategies and empower organizations across the travel value chain to run, grow and protect their business, which has never been more essential,said Chris Fendley, Executive Vice President, Enterprise Partnerships at Mastercard. Conferma Pay connects issuers to more than 700 travel management companies, all the major global distribution systems and more than 100 online booking tools. Conferma Pay is fully integrated with all the major card schemes and serves more than 50 banking partners, who issue Conferma Pay generated virtual cards in nearly 100 currencies. We've already made significant inroads in the B2B travel space through partnering with Sabre, We are excited about the new investments. 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Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. About Conferma Pay Conferma Pay is a global financial technology company. It designs and integrate virtual payment systems that provide a more efficient, seamless and secure way to pay for businesses. Conferma Pay was born in Manchester in 2005. Since then, it has connected over 700 TMCs, and directly integrates with all the major GDSs and OBTs. Its roots lie in corporate travel payment integration. It enables its payment providers to flow virtual cards into the preferred purchasing process of any business travel buyer. 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CORE BANKING, FINTECH

Simpler Payments. On the Go. Regions Bank Launches Business Travel Solution for Corporate Banking Clients

Regions Financial Corporation | December 06, 2022

Regions Bank on Monday announced the launch of a virtual commercial card solution to facilitate quick, easy and on-the-go business travel payments for the bank’s Treasury Management clients. Visa Commercial Pay, offered in collaboration with Visa, the world’s leader in digital payments, and Regions Commercial Card Services, is the latest in a series of enhancements Regions offers its business clients to better manage cash flow and streamline operations. Specifically, this solution enables businesses using a travel management vendor to centrally manage reservations such as air travel, hotel, rail and car rental. It creates a seamless integration option for the reservation process and can deliver enhanced data on employee travel, full spend visibility for all company travel, and automated expense reconciliation through unique virtual card numbers. Additionally, the solution allows business travelers to view all reservations in one place, along with real-time updates on trip expenses, all within the Visa Commercial Pay app. “Speed, convenience and ease-of-use are more important than ever, and Regions Bank takes a forward-looking approach toward connecting business clients with services that make managing money simpler and more intuitive, The more we can make payments, cash flow and operations easier for our Treasury Management clients, the more time they can spend focusing on the core of their business and helping their companies succeed. Business travel is one area that can be particularly time consuming in terms of managing expenses and tracking charges. The Visa Commercial Pay Travel solution aims to fix that.” -David LaPaglia, commercial card product and operations manager for Regions Bank Recently, Regions launched another digital solution enabling Corporate Banking clients to send real-time payments through the RTP® network from The Clearing House. The new real-time payments service is part of Regions’ iTreasury platform, which offers a wide range of competitive financial management options for businesses through the bank’s Treasury Management division. Further enhancements are planned, including an expansion of Visa Commercial Pay options beyond business travel support. In addition, Regions plans to launch Regions CashFlowIQSM in 2023. This new tool is being designed to improve cash flow for clients by providing seamless accounts payable, accounts receivable, invoicing, and business bill payment capabilities for small- and mid-sized businesses. Regions consistently looks for ways to meet the emerging needs of business clients and provide options that help them simplify operations and focus more on revenue-producing activities, We are committed to being an important resource, and our team is proud to now offer Visa Commercial Pay Travel while creating more enhancements to launch soon,said Bryan Ford, head of Treasury Management for Regions Bank. About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $158 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC.

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FINANCIAL MANAGEMENT, PAYMENTS

OnBuy selects Nuvei for digital marketplace payments

Nuvei | November 10, 2022

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has been selected by UK marketplace OnBuy as its payment partner to help the business execute on its growth initiatives in and beyond the UK. OnBuy is investing in new, innovation-led partnerships using latest technologies to support the marketplace’s disruptive eCommerce model as it expands. The payment technology partnership with Nuvei is a key part of its growth strategy to cement its name as a trusted marketplace powerhouse in the UK. OnBuy will draw on more than 580 alternative payment methods Nuvei provides and its on-demand payment technology support. Card processing and acquiring are also part of a mix of payment technology services provided to OnBuy by Nuvei. “This partnership with Nuvei is the first step on our roadmap to give our customers and retailers a new, incredibly exciting version of OnBuy. We have invested millions of pounds in adding new features and functions to our site ahead of going live in 2023,” -OnBuy CEO Cas Paton These changes require the most comprehensive, flexible, and scalable payment options. That’s why we partnered with Nuvei. We're dedicated to being a trusted eCommerce alternative, providing a fair and transparent marketplace that is always moving forward. Nuvei, with its excellent support and next-generation technology, is helping us succeed in that mission, Paton added. Commenting on the partnership, Nuvei Chair and CEO Philip Fayer said As a technology-first company, we're always innovating and developing new ways to help our customers accelerate their revenues and execute their own international expansion initiatives. We are delighted to be supporting OnBuy as they grow in the UK and beyond. About Nuvei Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 45+ markets, 150 currencies and more than 580 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

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Spotlight

With the ever-growing interest in the Fintech industry and its constantly changing environment, it is worth keeping on track of the critical trends, opportunities and challenges in the Fintech industry. We conduct an annual market survey that shows how players in the industry expect the market to evolve.

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