Month : July 2020

MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Banking Fintech News

STRAX: STRAX AB Secures MEUR 30 Financing Through Proventus Capital Partners

Fintech News Desk
For the last five years a bank consortium consisting of four German banks have provided the majority of the long-term interest-bearing financing for the STRAX Group. The current financing facility matures in October 2020 and as a result STRAX has evaluated several financing alternatives in the last 6-9 months. Read More: Banks......
Hummingbird Raises $8.2M To Automate Financial Compliance Technology
Fintech Fintech Funding News

Hummingbird Raises $8.2M To Automate Financial Compliance Technology

Fintech News Desk
The RegTech Startup that Automates Suspicious Activity Investigation and Reporting Plans for Growth in Data Collaboration and Machine Learning Hummingbird RegTech, a provider of anti-money laundering (AML) compliance technology, raised $8.2M in its Series A funding round. Hummingbird’s products have driven efficiency gains of 80-90% in financial services providers’ workflows for investigating......
Arceo.ai Strengthens Cyber Security Risk Capabilities: CJ Pruzinsky Joins the Team of Cyber Insurance Experts
Fintech InsurTech News Risk Management

Arceo.ai Strengthens Cyber Security Risk Capabilities: CJ Pruzinsky Joins the Team of Cyber Insurance Experts

Fintech News Desk
U.S. underwriting leader will enhance Arceo’s suite of cybersecurity and risk management services Arceo.ai, a cyber risk analytics company that empowers enterprises to better identify, respond to, and recover from cyber risks, continues to grow its team of senior cyber insurance experts to enhance the services and solutions it delivers......
Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies
Fintech Fintech Startups InsurTech News

Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies

Fintech News Desk
Thimble, the insurtech startup that helps small businesses succeed on their own terms, is launching its Certificate Manager to dramatically improve the collection, organization, and administration of certificates of insurance (COIs). Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership Thimble Certificate Manager is a free tool......
EY and LeaseAccelerator Form Strategic Alliance in Lease Accounting and Contract Management
Fintech News

EY and LeaseAccelerator Form Strategic Alliance in Lease Accounting and Contract Management

Fintech News Desk
EY announces a strategic alliance with LeaseAccelerator and Ernst & Young LLP (EY US) to provide a transformational lease accounting and contract management service offering for organizations of all sizes. The alliance will also be activated in Germany with additional global expansion over time. Combining EY teams’ experience and global footprint......
Equifax Launches Innovative New Solutions for Credit Monitoring and Identity Theft Protection
Fintech News

Equifax Launches Innovative New Solutions for Credit Monitoring and Identity Theft Protection

Fintech News Desk
Equifax announced the launch of two products that offer consumers competitively-priced options for monitoring their Equifax credit reports and helping  protect against identity theft. Credit Monitor™ and Equifax Complete™ include monitoring features, credit report lock capabilities, and identity theft protection features. Equifax is currently the only bureau offering these unique......
Future Fintech and Spondula Signed Term Sheet for Potential Acquisition
Blockchain Fintech News

Future FinTech Announces Acquisition of Nice Talent Asset Management

Fintech News Desk
Future FinTech Group, a leading blockchain e-commerce and financial technology company, announced today that, further to its March 26, 2020 press release, it has entered into a Share Exchange Agreement (the “Agreement”) with Joy Rich Enterprises Limited (“Joy Rich“) to acquire 90% of the issued and outstanding shares of Nice Talent Asset......
Thunes to Help UK-based Paydek Widen Global Scope, Payment Options
Business Fintech News

United Nations Federal Credit Union Partners with Thunes

Fintech News Desk
United Nations Federal Credit Union (UNFCU) has partnered with Thunes, a leading cross-border payments network. The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies. Read More: GlobalFintechSeries Interview with Christian Spaltenstein, Managing Director – Americas at AFEX Mobile money transfers in local......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech Mobile Banking News Risk Management

Muthoot Finance Records Four-Fold Jump In Digital Loan Disbursals

Fintech News Desk
Also launches Loan@Home, Gold UNLOCKER to boost digital offerings Muthoot Finance, India’s largest gold loan NBFC has recorded strong traction on its iMuthoot Mobile App as well as the online portal in the months following COVID-19 pandemic. The country’s No.1 Most Trusted Financial Services Brand has seen a four-fold jump in......
insightsoftware Acquires Certent, Inc.
Fintech News

insightsoftware Acquires Event 1 Software

Fintech News Desk
insightsoftware, a global provider of enterprise software solutions for the Office of the CFO, announced it has acquired Event 1 Software, a provider of intelligent, Excel-based reporting solutions. Terms of the deal were not disclosed. Read More: GlobalFintechSeries Interview with Erick Pinos, Ecosystem Lead at Ontology Based in Vancouver, Wash., Event......
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