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AutoRek wins in ‘Payments Innovation’ category at Scottish Financial Technology Awards 2022

Bobsguide

Leading fintech company AutoRek is delighted to have been recognised at the Scottish Financial Technology Awards 2022 , held on Thursday, 6 October, where it won in the ‘Payments Innovation’ category. The recognition is a reflection of the hard work, dedication and innovation of the AutoRek team behind the scenes. “We

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SoFi To Buy Galileo Financial Technologies In $1.2B Deal

PYMNTS

In a deal valued at over a $1 billion, SoFi said it has inked a definitive deal to buy Galileo Financial Technologies. The digital payments platform of Galileo provides savings and checking account-like abilities through its open application programming interfaces (APIs). I think it’s very powerful.”.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. SoFi had familiarity of Technisys through prior use of the system and through SoFi’s prior acquisition of digital payments provider Galileo.

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Central Payments partners with Galileo Financial Technologies

The Paypers

Payments technology provider Central Payments has announced its partnership with US-based Galileo Financial Technologies for a long-term processing services renewal.

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The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider.

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Tencent Financial Technology launches Tenpay Global brand

The Paypers

Tencent Financial Technology has introduced Tenpay Global, a new international brand for its cross-border payment business with new remittance capabilities to Weixin.

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Jack Henry preps clients for FedNow

Payments Dive

The financial technology provider is encouraging clients to be prepared to receive payments through FedNow.