Month : August 2020

Banks and Title Companies Grow Using the Bank Shot App: Bank Shot Payment Solution Benefits Versus the Traditional ACH Transaction
Banking Fintech News Risk Management

Banks and Title Companies Grow Using the Bank Shot App: Bank Shot Payment Solution Benefits Versus the Traditional ACH Transaction

Fintech News Desk
Fraud in banking transactions(Banks), especially wire transfers, have become an increasingly serious issue in regard to unrecoverable loss of funds and overall risk. Bloomberg Business reports that cyber-criminals steal as much as $1 billion a year this way. Read More: COVID-19 and Automation are Changing Finance for Good Bank Shot......
Fintech News

Simplify Healthcare recognized in Gartner’s Hype Cycle for U.S. Healthcare Payers, 2020 Report

Fintech News Desk
Simplify Healthcare, a leading healthcare technology enterprise solutions and services provider, announced it has been recognized in the Gartner ‘Hype Cycle for U.S. Healthcare Payers, 2020’ as one of the few vendors for payer value-based payment reconciliation. The company is also cited in two other recent Gartner reports, ‘How U.S. Healthcare Payer CIOs......
N26 Celebrates One Year Anniversary with Nearly 500,000 Customers In the U.S. Market
Fintech Mobile Banking News

N26 Celebrates One Year Anniversary with Nearly 500,000 Customers In the U.S. Market

Fintech News Desk
N26 debit card rewards and cashback offerings drive growth N26, the mobile banking platform redesigning banking for the 21st century, is celebrating its one year anniversary in the U.S. with nearly 500,000 customers. Since announcing its public U.S. launch in partnership with Axos Bank in August 2019, N26 has released a......
Sapiens Joins Forces with LifeScore Labs to Innovate Life Insurance Underwriting
Fintech InsurTech News

Western Financial Group Chooses Sapiens’ Policy Solution to Streamline its Quote to Issuance Process

Fintech News Desk
Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation, and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced that Western Financial Group (“Western”) has selected Sapiens PolicyPro for Property & Casualty. Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A......
BillingPlatform's Summer 2020 Product Release Simplifies Processes and Accelerates Cash Flow for its Customers
Fintech News

BillingPlatform’s Summer 2020 Product Release Simplifies Processes and Accelerates Cash Flow for its Customers

Fintech News Desk
Robust feature set – including collections, payment gateway framework and compliance management – significantly enhances the quote-to-cash journey(BillingPlatform ) BillingPlatform, the leading global cloud-based monetization and billing solution provider, announced its Summer 2020 product release is live. Based on customer feedback, analysis of emerging market trends and analyst insights, BillingPlatform’s......
Liberis adds £70m funding and venture debt to grow embedded business finance platform and help SMEs weather the COVID storm
Business Fintech Fintech Funding News

Liberis Enables SaaS Companies to Embed Financial Products Using Its Innovative Funding Platform

Fintech News Desk
Liberis, an international fintech that provides funding to small businesses, announced that its Funding Platform will be made available to a broader set of SaaS companies, empowering their product teams to easily embed financial services into their offerings. Read More: GlobalFintechSeries Interview with Anand Kumar Bajaj, MD & CEO at......
Finix Extends Series B to $75 Million to Help SaaS Companies Build Better Digital Payments Experiences
Fintech Fintech Funding Mobile Banking News

Finix Extends Series B to $75 Million to Help SaaS Companies Build Better Digital Payments Experiences

Fintech News Desk
Lightspeed Venture Partners and American Express Ventures participated in the round as software companies increasingly look to become payments companies Finix, the payments infrastructure company, has raised additional funding to help vertical Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants, bringing Finix’s total funding to $96......
Latin American Fintechs Reach Historic USD$ 8 B Investment
Fintech Investment Services News

Latin American Fintechs Reach Historic USD$ 8 B Investment

Fintech News Desk
Three sectors concentrate more than 95% of fintech investment in Latin America. Payments leads with 50.5% of reported funding, followed by Lending with 24.5%, and Digital Banks with 21.6%. KoreFusion, the strategic consulting and M&A advisory services firm that specializes in the financial services, fintechs and payments sectors, released its......
Visa Harnesses Real-Time Deep Learning to Enhance Transaction Processing
Artificial Intelligence Fintech News

Visa Harnesses Real-Time Deep Learning to Enhance Transaction Processing

Fintech News Desk
Visa announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Using deep learning to analyze past transactions, Smarter STIP generates informed decisions to approve or decline transactions on behalf of issuers in......
dLocal Achieves $1.2B Valuation After Securing New $200M Investment
Fintech News

Zara (Inditex) Picks dLocal to Support e-Commerce Operations in Uruguay and Paraguay

Fintech News Desk
dLocal platform accepts local payments in Uruguay and Paraguay, providing a seamless experience for customers. dLocal, an award-winning fintech company that specializes in cross-border payments for emerging markets, announced that it is supporting Zara e-commerce operations in Uruguay and Paraguay through the use of its payments platform. This provides an......
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