Month : February 2022

62% of Financial Services Leaders Expect Their Cloud Investments to Increase Revenue Over Next Two Years
Capital Markets Cloud News

62% of Financial Services Leaders Expect Their Cloud Investments to Increase Revenue Over Next Two Years

Fintech News Desk
by Fintech News Desk0
Capco and Wipro FullStride Cloud Services global study finds financial services companies’ cloud goals are focused on business and revenue growth Financial services leaders cite increased future revenues (62%) and improved future profitability (52%) as leading reasons to deploy cloud technologies, according to a new financial services study by Capco,......
Flutterwave Closes USD $250 Million in Series D Funding, Valuation Rises to Over USD $3bn
Investment Services News

Flutterwave Closes USD $250 Million in Series D Funding, Valuation Rises to Over USD $3bn

Fintech News Desk
by Fintech News Desk0
Flutterwave attracts all-star line-up of leading new investors Flutterwave, a leading technology company, announced that it has raised USD $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest valued......
UK FinTech Storfund Hires Amazon Executive To Drive Expansion
Digital Payments Fintech News

UK FinTech Storfund Hires Amazon Executive To Drive Expansion

Fintech News Desk
by Fintech News Desk0
As the business expands to major marketplaces worldwide, Storfund has made several market leading hires Increasing recognition that ecommerce has a cashflow problem has seen Storfund expand to new marketplaces – and embark on a hiring spree. Storfund, a leading UK fintech, offers retailers immediate payment on sales, eliminating the......
Stronghold Launches $100 Million Investment Fund
Blockchain Currency Exchange News

Stronghold Launches $100 Million Investment Fund

Fintech News Desk
by Fintech News Desk0
Stronghold Capital’s investments will expand founder representation and access in fintech innovation Stronghold, a payments and financial infrastructure company, has launched Stronghold Capital to invest $100 Million in pioneering companies and funds across three core areas: overlooked and underrepresented founders and fund managers, the payments and fintech ecosystem, and the......
Western Union Expands in South Korea with Travel Wallet
Digital Payments Fintech News

Western Union Expands in South Korea with Travel Wallet

Fintech News Desk
by Fintech News Desk0
Collaboration will Enable Customers to Send and Receive Western Union Money Transfers on the Travel Wallet app Western Union, a global leader in cross-border, cross-currency money movement and payments, and Travel Wallet, one of the leading fintech companies in the country, have announced the launch of Western Union money transfer services......
Monneo Launches a Unique Solution for the Affiliate Marketing Industry
Digital Payments News

Monneo Launches a Unique Solution for the Affiliate Marketing Industry

Fintech News Desk
by Fintech News Desk0
End-to-end payment ecosystem provider Monneo has announced its exciting plans to launch Pixelpay, a stand-alone financial product designed specifically for the affiliate marketing industry. By offering a closed loop financial ecosystem, which removes the friction in payments between advertisers, networks and publishers, Pixelpay resolves a number of major issues currently......
LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses
Lending News Risk Management

LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses

Fintech News Desk
by Fintech News Desk0
Small to Mid-Sized Business Lending Fraud Increased 6.9% Since 2020, with More Than One-Third of Growth Attributed to the Pandemic LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. The survey of risk and fraud executives at financial institutions reveals that SMB lending fraud in......
Databricks Launches Lakehouse for Financial Services to Accelerate Data-Driven Innovation Across the Industry
Analytics Finance News

Databricks Launches Lakehouse for Financial Services to Accelerate Data-Driven Innovation Across the Industry

Fintech News Desk
by Fintech News Desk0
Lakehouse for Financial Services delivers partner solutions, use-case accelerators, and data monetization capabilities designed to address the unique requirements for Financial Service Institutions Databricks, the Data and AI company and pioneer of the data lakehouse architecture, announced the Databricks Lakehouse for Financial Services, an open, modern data platform tailored to......
Trulioo Announces Four New Customers in the Banking Industry
Banking News

Trulioo Announces Four New Customers in the Banking Industry

Fintech News Desk
by Fintech News Desk0
Financial services providers rely on identity verification for seamless and secure customer onboarding Trulioo, the global identity verification leader, announced four new banking customers : Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, the world’s largest network of identity data and services, financial institutions can deploy identity checks......
Quadient Launches its Accounts Payable Automation Solution Beanworks in UK and France Amidst Rising Demand
Finance News

Quadient Launches its Accounts Payable Automation Solution Beanworks in UK and France Amidst Rising Demand

Fintech News Desk
by Fintech News Desk0
Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, announced the launch of Beanworks by Quadient in the United Kingdom (UK) and France. The leading accounts payable (AP) automation solution provides accounting teams with a faster, more secure and easier way to approve invoices and pay......
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