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OCBC Targets Children of Wealthy Clients with Launch of GENesis

Fintech News

OCBC GENesis is an invitation-only programme that builds on the legacy of Bank of Singapore’s next-generation programme, which has been running since 2012. The OCBC GENesis programme was initially piloted in 2019 for premier Singapore customers and has now been officially launched, including participants from Malaysia.

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Finzly Launches Account Galaxy Embedded Banking Solution

Finovate

The Banking-as-a-Service (BaaS) solutions provider unveiled the new embedded banking solution in an announcement today that highlights how Account Galaxy can help banks participate in embedded banking. Photo by Glen Carrie on Unsplash The post Finzly Launches Account Galaxy Embedded Banking Solution appeared first on Finovate.

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SumUp Secures $1.6 Billion in Private Credit Debt

Finovate

Bain Capital Tech Opportunities, Fin Capital, and Liquidity Capital also participated in that financing. Founded in 2012, SumUp won Best of Show in its Finovate debut at FinovateEurope in 2013. Photo by Markus Spiske on Unsplash The post SumUp Secures $1.6 Billion in Private Credit Debt appeared first on Finovate.

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£50Billion at Risk, Stored in ‘Lost’ Pension Pots; PensionBee Warns

The Fintech Times

This is due to more frequent job switching among younger workers and as a result of the ongoing impact of auto-enrolment, which has significantly increased workplace participation since its introduction in 2012. “This research suggests the problem of lost pots is growing more urgent every year.

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Entrust Confirms Plans to Acquire Onfido

Finovate

” Headquartered in London and founded in 2012, Onfido leverages machine learning, AI, and automation to offer a digital identity solution that creates trust at the point of onboarding and beyond. Photo by fauxels The post Entrust Confirms Plans to Acquire Onfido appeared first on Finovate.

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Lyft Partners With Venmo To Offer More Ridesharing Payment Options

PYMNTS

Headquartered in Silicon Valley, Lyft was co-founded by John Zimmer and Logan Green in 2012, although the company first launched in 2007 under the name Zimrides. restaurants participate in the program, which requires users to place minimum orders of $12. Its biggest competitor is Uber, which launched in 2008. Lyft operates in 644 U.S.

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Google Brings ‘Play Points’ To The U.S.

PYMNTS

The program has already been launched in Japan and Korea, and millions of people have already enrolled, Google said in a blog post. Participants can get discounts, credits or even donate earnings to nonprofits or charities. Making purchases isn’t required to earn points, as there are free featured apps and games participating.