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IndustryUpdate

Financial Technology Report lists top fintechs 2023
The Financial Technology Report heralded The Power
300 Financial Technology Companies of 2023, which,
the media company said, represents the most impor-
tant influential companies in the fintech sector. "It is a
dynamic list that will be updated from time to time as
new category leaders emerge and as companies wane or
are acquired," the organization stated.

Companies listed specialize in such areas as payments,
accounting, wealth management, banking, investing,
lending, insurtech, cryptocurrency, and other areas
changing the way businesses and individuals conduct
important financial matters. Companies were selected
based on the quality of their solutions, extent of market
adoption, organizational depth, management team cali-
ber and investor backing.
Intergiro launches free banking for merchants

Intergiro, a Swedish business account provider and
ANNOUNCEMENTS payment processor, disclosed it will offer free banking
services to merchants who open a merchant business
account with the company. This move, Intergiro stated,
AdvicePay searching for a new CEO comes in response to rising inflation rates and uncertain
market conditions, which places pressure on businesses
AdvicePay, a fee-for-service payment processing and to reduce costs.
compliance platform, is searching for a new CEO. Alan
Moore, the company's current CEO and co-founder, will "Customers can access their free banking services along-
transition to become executive chairman of the board. side their merchant services dashboard from a unified
Praising the company's leadership team, Moore said, “At customer portal, with online sales proceeds landing
this stage of our evolution and growth, we feel confident directly into their Intergiro account," Intergiro said. "In
in bringing in dedicated executive talent to take the reins addition to free banking services, merchants who open
as CEO full time, particularly now that our platform has a merchant business account with Intergiro will soon
grown into a true enterprise workflow solution.” benefit from same-day settlements (T+0), ensuring quick
access to funds and reducing the need for businesses to
The new CEO will own and execute the vision, strategy, carry costly working capital."
and overarching tactics to scale the organization to the
next level. RBR launches Global ATM Intelligence Service
Canada publishes new national tech standard RBR introduced the Global ATM Intelligence Service to
help executives navigate the changing retail banking
Canada's Digital Governance Council and Data landscape. The service leverages RBR’s international
Collaboration Alliance revealed that CAN/CIOSC 100-9, expertise and unparalleled primary research program,
Data governance – Part 9: Zero-Copy Integration, a national RBR stated, and incorporates its comprehensive ATM
standard approved by the Standards Council of Canada, market report and database. The company said its
was published for open access by the public. monthly research newsletter provides coverage of ATMs
along with developments in cards, payments and digital
The new standard provides organizations with a frame- banking that influence the future of self-service. Also
work to accelerate the delivery of digital innovation included are videos that explore key industry trends.
projects—including applications, automations, AI/ML
and analytics—while navigating increasingly strict The first of the series analyzes the evolution of ATM
data protection regulations, such as Canada’s proposed pooling and its potential for further industry disruption.
Consumer Privacy Protection Act, Europe’s General Subscribers can connect directly with sector and country
Data Protection Regulation, and the California Privacy experts at any time to dig deeper into topics of interest,
Rights Act, as well as the escalating risk and inefficiency and assess what wider industry changes mean for their
associated with data silos and copy-based data integra- organizations, RBR added.
tion.

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