Month : September 2021

Scale LLP Hires Silicon Valley Fintech Duo
Fintech News

Scale LLP Hires Silicon Valley Fintech Duo

Fintech News Desk
Jamie Wells and Alex Gershen bring Silicon Valley Fintech & Financial Services Litigation Practice to Scale LLP Scale LLP, the Silicon Valley-based distributed law firm, announced that it has hired San Francisco fintech team Jamie Wells and Alexander Gershen to join the firm’s Fintech & Financial Services group. Wells will......
BankFirst Capital Corporation Announces Entry Into Biloxi, Mississippi Market and Expansion of Oxford Mortgage Production Office to Loan Production Office
Banking Fintech News

BankFirst Capital Corporation Announces Entry Into Biloxi, Mississippi Market and Expansion of Oxford Mortgage Production Office to Loan Production Office

Fintech News Desk
BankFirst Capital Corporation, parent of BankFirst Financial Services, announced its entry into the Biloxi, Mississippi market with the opening of a loan production office (“LPO”).  The Biloxi LPO opened on September 27, 2021.  In addition, BankFirst has expanded the services it provides from its Oxford, Mississippi mortgage production office (“MPO”) and converted the location......
Akkio Raises $3 Million for AI Platform for Everyday Business Users
Investments News

Akkio Raises $3 Million for AI Platform for Everyday Business Users

Fintech News Desk
Bain Capital Ventures leads seed round for Cambridge, U.S.-based startup Akkio, developers of an artificial intelligence (AI) platform for non-data scientists, announced the closing of a seed investment round of $3 million led by Bain Capital Ventures. “Akkio is on a mission to automate decision-making for business users by harnessing......
Nacha Commends IRS for Sending 430,000 Child Tax Credit Payments by Same Day ACH
Digital Payments News

Nacha Commends IRS for Sending 430,000 Child Tax Credit Payments by Same Day ACH

Fintech News Desk
The U.S. Internal Revenue Service (IRS) sent over 430,000 Advance Child Tax Credit (ACTC) payments by Same Day ACH to quickly and securely reach the majority of families that had received ACTC payments in July and August but didn’t receive their September payments. “We commend the IRS for turning to......
Tradeweb Successfully Completes its First Transactions with Southbond Bond Connect
Finance Investments News

Tradeweb Successfully Completes its First Transactions with Southbond Bond Connect

Fintech News Desk
Tradeweb Markets Inc., one of the world’s leading electronic market operators in fixed income, credit, equities and money markets, announced have carried out its first Southbound Bond Connect transactions through a commercial link between Tradeweb and the China Foreign Exchange Trade System (CFETS). “The Southbound Bond Connect is the final......
UnionPay International Partners with S2M to Promote Digital Financial Inclusion in Africa
Digital Payments Fintech News

UnionPay International Partners with S2M to Promote Digital Financial Inclusion in Africa

Fintech News Desk
UnionPay International and S2M jointly announced an ambitious partnership to accelerate digital financial inclusion on the African continent. This new achievement will allow S2M to provide UnionPay payment services to its customers with a high level of performance, continuity and security. This partnership will contribute to the expansion of innovative digital......
Genesis Executes the First OTC Trade of an Innovative New Bitcoin Futures Product with Akuna Capital
Cryptocurrency Digital Digital Asset Management News

Genesis Executes the First OTC Trade of an Innovative New Bitcoin Futures Product with Akuna Capital

Fintech News Desk
Successful execution of the new BTIC on CME Bitcoin futures demonstrates firm’s ability to provide institutional investors with seamless access to industry-first cryptocurrency products Genesis Global Capital, LLC, a part of Genesis, a digital asset industry pioneer and leader in digital currency prime brokerage, announced that it has executed the first......
Human Trafficking a Serious Money Laundering Concern for Financial Institutions
Fintech News

Human Trafficking a Serious Money Laundering Concern for Financial Institutions

Fintech News Desk
BAE Systems data reveals human trafficking is one of the top 5 biggest financial concerns for banks and insurers Money laundering techniques are now harder to spot and stop Financial compliance professionals blame ‘stagnant’ rules and regulations for hindering efforts to tackle money laundering Human trafficking is now one of......
CIBC Innovation Banking Expands to the UK with Opening of London Office
Banking News

CIBC Innovation Banking Expands to the UK with Opening of London Office

Fintech News Desk
CIBC Innovation Banking is pleased to announce the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems. “North American entrepreneurs and venture funds have embraced CIBC’s Innovation Banking competitive offering, and......
Huawei Enables ISP B2B Transformation and MSP Service Development
B2B Business News

Huawei Enables ISP B2B Transformation and MSP Service Development

Fintech News Desk
HUAWEI CONNECT 2021, a session on the Internet services industry was held with the theme ‘Huawei Enables ISP B2B Transformation and MSP Service Development’. The session was broadcast around the world, attracting ICT industry leaders, global partners and renowned business consultants. Together, attendees explored how B2B transformation of and hosting......
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