Month : October 2021

Cross River Bolsters Its Commitment to Expanding Financial Services and Economic Inclusion to Underserved Communities
Fintech News

Cross River Bolsters Its Commitment to Expanding Financial Services and Economic Inclusion to Underserved Communities

Fintech News Desk
by Fintech News Desk0
Contribution will further the work of the HOPE Inside network and bring financial literacy coaching and education to Cross River’s Teaneck, NJ and Brooklyn, NY branches Cross River also expands partnership with The Memorial Foundation, sponsoring the Martin Luther King, Jr. Memorial Social Justice Fellowship Program for 50 distinguished Fellows......
Mission Lane Completes Inaugural $320 Million ABS Transaction and Raises $150 Million in Redeemable Preferred Equity
Banking Digital Fintech Mobile Banking News

Mission Lane Completes Inaugural $320 Million ABS Transaction and Raises $150 Million in Redeemable Preferred Equity

Fintech News Desk
by Fintech News Desk0
Mission Lane, a purpose-driven financial technology company, announced the closing of its debut asset backed securitization and of $150 million in redeemable preferred equity in a series led by funds managed by Oaktree Capital Management, L.P. (“Oaktree”), an existing investor in the company, and joined by Invus, QED Investors, and......
Financial Institution Credit Card Programs Get a Competitive Boost with Fully Managed Option from Fiserv
Fintech News

Financial Institution Credit Card Programs Get a Competitive Boost with Fully Managed Option from Fiserv

Fintech News Desk
by Fintech News Desk0
Credit Choice provides a modern, turnkey digital-first credit card solution for banks and credit unions Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced it is empowering financial institutions to deliver a digital-first branded credit card program for consumer and small business cardholders, eliminating the......
Temenos
Banking Cloud Mobile Banking News

Barko to Launch a Digital Bank for Low-Income South Africans on The Temenos Banking Cloud

Fintech News Desk
by Fintech News Desk0
Temenos’ open banking platform will enable Barko to offer affordable, accessible banking services to unbanked South Africans Temeno, the banking software company, announced that Barko, a leading microfinance company, plans to enter the retail banking market in South Africa with a new digital bank built on Temenos Transact and powered......
Crypto APIs Launches MPC Wallet as a Service in Partnership with Sepior
Banking Fintech Mobile Banking News

New Research Shows Vulnerabilities in Banking, Cryptocurrency Exchange, and FinTech APIs Allow Unauthorized Transactions and PIN Code Changes of Customers

Fintech News Desk
by Fintech News Desk0
Noname Security sponsored research by vulnerability researcher Alissa Knight highlights need for financial services industry to prioritize API security Noname Security, the API security company, and Alissa Knight, Partner at Knight Ink and recovering hacker, announced at Money 20/20 new research, “Scorched Earth: Hacking Bank APIs” which unveils a number of......
UK Start-Up Storfund Lands £300 Million ($410M) eCommerce Financing Deal
E-commerce Fintech News Risk Management

UK Start-Up Storfund Lands £300 Million ($410M) eCommerce Financing Deal

Fintech News Desk
by Fintech News Desk0
The landmark deal with specialist fintech investor, Fasanara Capital, commits £100M immediately and a further £200M on expansion to China; it will be deployed by Storfund to reach its target of £5 billion in annual financing for ecommerce retailers by 2024 Ecommerce is growing at blistering pace, hitting £3 trillion......
New Multi-Asset Post-Trade White Paper Highlights Growing Need for Streamlined Processes
Fintech Investments News

New Multi-Asset Post-Trade White Paper Highlights Growing Need for Streamlined Processes

Fintech News Desk
by Fintech News Desk0
Global study reveals sell-side firms have potential for transformational levels of efficiency as firms average of 9.1 post-trade processing solutions due to legacy fragmented infrastructure Most sell-side firms have a huge opportunity to transform their post-trade technology and operations to a more streamlined processing model, according to a newly released......
Influ2 to Present at Gartner Marketing Symposium/Xpo
B2B News

Influ2 Raises $8 Million in Series A to Build Comprehensive Buying Group Marketing Solution

Fintech News Desk
by Fintech News Desk0
This financing enables Influ2 to help B2B marketers create even more effective campaigns through new capabilities that directly engage buying groups  Influ2, the first Person-Based Advertising (PBA) platform, announced its Series A funding of $8 million, led by Rally Ventures. Cofounded by Dmitri Lisitski, Chief Executive Officer, and Vladimir Mikhalko,......
Bitdeer Group's Minerplus Releases MiningOS for Efficient and Secure Cryptocurrency Mining
Digital Asset Management Investments News

Bitdeer Group’s Minerplus Releases MiningOS for Efficient and Secure Cryptocurrency Mining

Fintech News Desk
by Fintech News Desk0
MiningOS will work in tandem with Minerplus’ new GPU mining services to augment Bitdeer Group’s comprehensive and leading digital asset mining operations Bitdeer Group’s Minerplus has developed and released a beta version of MiningOS, a new piece of GPU mining firmware for secure and high-yield digital asset mining, to an......
Thunes Integrates with PayPal's Xoom Service for Transfers to Mobile Wallets and Expanded Global Reach
Digital Payments Fintech News

Thunes Integrates with PayPal’s Xoom Service for Transfers to Mobile Wallets and Expanded Global Reach

Fintech News Desk
by Fintech News Desk0
Global cross-border payments network Thunes announced a collaboration with Xoom, PayPal’s digital remittance service, that will enable Xoom customers in the United States, Canada, the U.K. and Europe to send remittances directly to mobile wallet users around the world. Despite the global adoption of digital payments, local payment preferences are fragmented and global payments interoperability continues to......
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