Month : May 2023

As Big Banks Fall, SMBs Turn to Alternative Funding
Banking News

As Big Banks Fall, SMBs Turn to Alternative Funding

Fintech News Desk
Only 14% of growing businesses still prefer large national or international banks compared to alternative lenders, according to Capterra research As big banks collapse amidst inflation and rising interest rates, small and midsize businesses (SMBs) are disproportionately impacted as loans become more difficult to secure. Capterra‘s 2023 Financing Survey of over 450......
Lightspeed’s Newest Release of its Flagship Restaurant Platform Reimagines How US Customers Run Their Front-Of-House Operations
Commerce News

Lightspeed’s Newest Release of its Flagship Restaurant Platform Reimagines How US Customers Run Their Front-Of-House Operations

GlobeNewswire
Lightspeed Restaurant now drives more efficiencies in hospitality thanks to streamlined ordering and payments on smartphone devices, Advanced Insights, Intelligent Tip Management, advanced APIs, and robust offline capabilities Lightspeed Commerce Inc., the one-stop commerce platform for merchants and restaurateurs around the world announced the release of the latest version of......
When the Sanctions Stakes Keep Rising, Conventional Solutions Don’t Work
Business Capital Markets Compliance management Guest Posts

When the Sanctions Stakes Keep Rising, Conventional Solutions Don’t Work

Deya Innab
UK authorities have restated the sanctions rules for financial institutions. Compliance and financial crime risk management leaders in financial institutions will be held accountable if they don’t provide the compliance function with necessary resources, processes and technology.  In March, the UK Office of Financial Sanctions Implementation (OFSI) reiterated its guidance......
Artificial Intelligence Cloud News Technology

Ex-Regulators Raise $1million To Help FinTech Grow Under Regulatory Scrutiny.

Fintech Staff Writer
AMLYZE, a pioneering RegTech company, has closed a $1 million pre-seed financing round to further develop its anti-financial crime solutions for FinTechs, neo-banks, and crypto firms. AMLYZE is a SaaS company headquartered in Vilnius, Lithuania, that offers a variety of products designed to combat money laundering and other forms of......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Visual Layer Announces $7 Million in Seed Funding from Madrona and Insight Partners
Finance Fintech Funding News

Visual Layer Announces $7 Million in Seed Funding from Madrona and Insight Partners

Business Wire
Cloud Service Built on the Popular Open Source Solution fastdup, Used by Over 200,000 Early Adopters, Addresses the Problem of Messy Visual Data Visual Layer announced $7 million in seed financing from Madrona and Insight Partners to curate the massive sets of visual data used to train, test, and fine-tune......
Spiff Announces $50 Million Series C Funding Round to Accelerate Sales and Finance Automation
Finance News

Spiff Announces $50 Million Series C Funding Round to Accelerate Sales and Finance Automation

Business Wire
Led by Salesforce Ventures, Spiff will further expand on its offerings and address other complex financial processes Spiff, the leading sales commission software for forward-thinking revenue and sales organizations, announced the closing of a $50M Series C fundraise led by Salesforce Ventures with participation from Lightspeed, Norwest, Kickstart Fund, Album......
Metropolitan Commercial Bank Furthers its Reach in the Title and Escrow Deposit Vertical
Banking News

Metropolitan Commercial Bank Furthers its Reach in the Title and Escrow Deposit Vertical

Business Wire
Metropolitan Commercial Bank, a New York City-based full-service commercial bank, announced today the further expansion of their Title and Escrow Deposit Vertical with the appointment of two veteran Title and Escrow banking professionals from Fifth Third Bank. “Rob and Nowanna are a great fit to assist in expanding our Title......
Leading Enterprise Crypto Company Ripple Acquires Custody Provider Metaco for $250 Million
Blockchain Cryptocurrency News

Leading Enterprise Crypto Company Ripple Acquires Custody Provider Metaco for $250 Million

Business Wire
With this seminal acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 Ripple, the leader in enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying into custody solutions is a milestone......
1