Month : August 2022

C2FO and Vic.ai Partner to Bring AI to Early Payment Processing
Digital Payments News

C2FO and Vic.ai Partner to Bring AI to Early Payment Processing

Fintech News Desk
by Fintech News Desk0
C2FO and Vic.ai team up to further reduce payment cycles and narrow payment windows for companies and their supply chains C2FO, the largest global platform for working capital, announced a new partnership with Vic.ai, a provider of artificial intelligence (AI) for autonomous accounting and financial management. Through this partnership, C2FO......
CIBC Innovation Banking Opens New Office in North Carolina, Bolsters Team in Northeast
Banking News

CIBC Innovation Banking Opens New Office in North Carolina, Bolsters Team in Northeast

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce that it is expanding its presence in the Southeastern region of the U.S. through a new office in Durham, North Carolina. Latest Fintech News: MANTL Announces Omnichannel Deposit Origination Platform for Credit Unions Through its new 14th regional office, CIBC Innovation Banking will help support......
Moran Wealth Management Announces Launch as Independent Registered Investment Advisor
Investments News

Moran Wealth Management Announces Launch as Independent Registered Investment Advisor

Fintech News Desk
by Fintech News Desk0
Moran Wealth Management, an investment management practice based in Naples, Florida, has announced its launch as an independent registered investment advisor. A boutique financial advisory practice with over $4 billion of assets under management (AUM) as of 5/31/22*, MWM provides comprehensive investment services for its sophisticated investors through personalized and customizable......
Deposits Secures $5Million Seed Funding to Democratize Modern Banking and Payments
Banking Fintech Funding News

Deposits Secures $5Million Seed Funding to Democratize Modern Banking and Payments

Fintech News Desk
by Fintech News Desk0
Unveils Next-Gen Fintech Platform to Simplify Deployment for Brands, Financial Institutions and Non-Profits Plug-and-play finance startup Deposits announced a seed funding round of $5M led by ATX Venture Partners and joined by Cabal Fund, Lightspeed Venture Partners and others. Deposits’ cloud-based platform enables credit unions, community banks, insurers, retailers, and even product......
Hagerty Appoints Patrick McClymont as new Chief Financial Officer, Announces Planned Retirement and Transition for Longtime CFO Fred Turcotte
Finance News

Hagerty Appoints Patrick McClymont as new Chief Financial Officer, Announces Planned Retirement and Transition for Longtime CFO Fred Turcotte

Fintech News Desk
by Fintech News Desk0
Hagerty (HGTY) announced today that Patrick McClymont has been named Hagerty’s next Chief Financial Officer, effective September 6, 2022. He will succeed current CFO Fred Turcotte, who will retire but will remain with the company in a senior advisor role through 2023 to help ensure a seamless transition. Latest Fintech News: Cashfree Payments Partners with......
B. Riley Subsidiary, Lingo Management, Announces Closing of BullsEye Telecom Acquisition
Finance News

B. Riley Subsidiary, Lingo Management, Announces Closing of BullsEye Telecom Acquisition

Fintech News Desk
by Fintech News Desk0
B. Riley Financial, Inc. a diversified financial services platform, today announced that Lingo Management, LLC (“Lingo”), a B. Riley Principal Investments portfolio company, has completed the acquisition of BullsEye Telecom Inc. (“BullsEye”). BullsEye follows B. Riley’s recent acquisition of Lingo in which the Company increased its ownership interest to 80% on May......
Reading Cooperative Bank Partners with ZSuite Technologies to Enhance Small Business Banking Services, Expand Commercial Banking Market Reach
Banking News

Reading Cooperative Bank Partners with ZSuite Technologies to Enhance Small Business Banking Services, Expand Commercial Banking Market Reach

Fintech News Desk
by Fintech News Desk0
Bank automates subaccounting processes for large commercial investment portfolio, streamlines workflow with digital escrow platform ZSuite Technologies a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial customers, today announced it has partnered with Reading Cooperative Bank (RCB) to launch ZEscrow,......
Financial Services Software Has Fewer Security Flaws Than Most Industries
Finance News

Financial Services Software Has Fewer Security Flaws Than Most Industries

Fintech News Desk
by Fintech News Desk0
Despite Low Flaw Prevalence, Finance Industry Lags in Fix Rate 30 Percent of Open-source Flaws Remain Unresolved After Two Years Veracode, a leading global provider of application security testing solutions, released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other......
Devon Energy Corporation Joins Oil and Gas Industry Consortium Blockchain for Energy
Blockchain News

Devon Energy Corporation Joins Oil and Gas Industry Consortium Blockchain for Energy

Fintech News Desk
by Fintech News Desk0
Blockchain for Energy (B4E) announced that Devon Energy Corporation has joined its oil and gas consortium which helps member organizations advance and transform the way transactions, records and data are managed in the energy industry. B4E also supports opportunities for lower carbon energy through collaboration and proactive development of new technologies.......
Global Crypto Exchange Coinstore.com Launches Futures Credit Feature for its Users
Cryptocurrency News

Coinstore.com Launches Futures Credit Feature for Its Users

Fintech News Desk
by Fintech News Desk0
Coinstore.com users can now use the digital fund loan to expand their trading capacity Global cryptocurrency exchange, Coinstore.com, announced the launch of its futures credit feature which enables users/investors to increase their crypto holdings without using their funds. Investors who prefer to buy and hold digital assets for an extended......
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