Month : May 2020

CLARA Analytics Unveils Its AI-Based Litigation Avoidance Solution for Commercial Auto
Artificial Intelligence Fintech InsurTech News

CLARA analytics Raises $25M in Series B Funding to Transform Commercial Insurance with AI

Fintech News Desk
by Fintech News Desk0
CLARA analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced that it closed $25 million in Series B funding, bringing its total funding to $36.5 million. The round was led by growth equity firm Aspen Capital Group with participation from Series A lead Oak HC/FT and additional......
True Sky Credit Union Moves to Fiserv for Full Set of Financial Tech
Fintech News

Financial Institutions Ease Cardholder Frustration by Addressing Transaction False Declines With New Fiserv Technology

Fintech News Desk
by Fintech News Desk0
Island Federal Credit Union sees approved transactions increase with Authorization Lift Fiserv, a leading global provider of payments and financial services technology solutions, announced it has launched a unique offering designed to reduce the number of legitimate debit card transactions that are wrongly identified and declined as fraudulent, while effectively......
K1 Enters Agreement to Sell FMG Suite to Aurora
Capital Markets Fintech InsurTech Investment Services News

K1 Enters Agreement to Sell FMG Suite to Aurora

Fintech News Desk
by Fintech News Desk0
Realization represents K1’s second exit since Safer-At-Home orders were put in place in March 2020 K1 Investment Management, LLC (“K1”), a leading investment firm focusing on high-growth enterprise software companies, announced it has entered into a definitive agreement to sell FMG Suite, LLC (“FMG Suite”), the category leader in cloud-based marketing automation......
Banking Capital Markets Fintech Fintech Funding Guest Posts Trading

The Impact of COVID-19 on Broker Dealers (And Where It Hurts)

Michael Higgins
by Michael Higgins1
It has been a long and grueling 3 months since the first COVID-19 case reared its head in the United States. When the first deaths were reported, no one could have predicted the global impact it would have. Quarantine efforts in China were minimized but once the disease began to......
Spain's CaixaBank Teams with IBM Services to Accelerate Cloud Transformation and Innovation in the Financial Services Industry
Banking Blockchain Business Fintech News

we.trade Digital Trade Finance Network Strengthens Collaboration With IBM

Fintech News Desk
by Fintech News Desk0
IBM joins founding banks as a new shareholder we.trade, a  blockchain-based platform that makes international trade faster and more efficient, announced an enhanced collaboration with IBM which will enable network enhancements and accelerate the global commercialisation of the platform. IBM has also become a new shareholder along with the 12......
PayNet, An Equifax Company, Launches P3 Loan Forgiveness Report to Help Lenders Relieve SME Loans Under CARES Act
Banking Business Fintech News

PayNet, An Equifax Company, Launches P3 Loan Forgiveness Report to Help Lenders Relieve SME Loans Under CARES Act

Fintech News Desk
by Fintech News Desk0
New automated solution provides lenders with verified documentation to simplify Paycheck Protection Program loan forgiveness process PayNet, an Equifax company, that provides credit and analytics on small and medium enterprises (SMEs), launched the PayNet P3 Loan Forgiveness Report. The reports are designed to give lenders a fast, efficient and reliable......
Thunes Raises $60m in Series B Funding to Accelerate Global Growth
Business Fintech Mobile Banking News Risk Management

Thunes Hits Record Growth in Q1 2020

Fintech News Desk
by Fintech News Desk0
The leading payments network for emerging markets sees major service uptake and usage Thunes, the leading payments network for emerging markets, hits record growth in 2020. Thunes, whose core competency is to help businesses seamlessly move funds across borders, has heavily invested in its team, product development, and worldwide coverage......
Fenergo Wins RegTech Insight Award for Best KYC Software for Client Onboarding
Banking Fintech Investment Services News

Fenergo Wins RegTech Insight Award for Best KYC Software for Client Onboarding

Fintech News Desk
by Fintech News Desk0
Awarded for the third consecutive year Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, has been awarded Best KYC Software for Client Onboarding at the A-Team Group’s RegTech Insight Awards 2020. Read More: SIMON Markets LLC and Raymond James Launch......
Smarsh Acquires Entreda, Leader in Cybersecurity Risk and Compliance Software for Wealth Management Industry
Fintech News Risk Management

Smarsh Acquires Entreda, Leader in Cybersecurity Risk and Compliance Software for Wealth Management Industry

Fintech News Desk
by Fintech News Desk0
Smarsh, helping customers get ahead – and stay ahead – of the risk within their electronic communications, announced the acquisition of Entreda, the award-winning developer of integrated cybersecurity risk and compliance management software and services for the wealth management market. Entreda will continue to operate under its own brand and......
SoFi and Ladder Expand Partnership with Estate Planning for SoFi Members
Business Fintech InsurTech News

SoFi and Ladder Expand Partnership with Estate Planning for SoFi Members

Fintech News Desk
by Fintech News Desk0
New member benefit helps families take action to plan for the future SoFi, the digital personal finance company, and Ladder, the company making life insurance easy and digital, announced an expansion of their existing partnership to include estate planning. SoFi members will now have the ability to draft a will for......
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