Month : July 2023

PAYSTRAX Selects VikingCloud’s Patented Web Risk Monitoring to Mitigate Merchant Fraud
Cloud Compliance management News Risk Management

PAYSTRAX Selects VikingCloud’s Patented Web Risk Monitoring to Mitigate Merchant Fraud

Fintech News Desk
VikingCloud, a leading global provider of cybersecurity and compliance solutions has announced a new client partnership for its Web Risk Monitoring solution with PAYSTRAX, a European payment processor and principal member of Visa and Mastercard. Global merchant fraud is estimated to drive losses of $41 billion dollars in 2023 with 29% – or nearly......
Weavr.io has Welcomed Ex-Visa Executive, Mark Pettit, as Its New Chief Product Officer
B2B Commerce News

Weavr.io Has Welcomed Ex-Visa Executive, Mark Pettit, as Its New Chief Product Officer

Fintech News Desk
Mark brings his 20+ years of industry experience to accelerate Weavr’s growth from a product perspective, while expanding into international markets and building upon strategic partnerships, such as the recently announced Visa collaboration. Before joining Weavr, Mark held the position of Executive Director for the New Ventures Group at Visa,......
CRIF and Know Your Customer Announce Strategic Partnership with PAOB
Banking News

CRIF and Know Your Customer Announce Strategic Partnership with PAOB

Fintech News Desk
CRIF and Know Your Customer have announced the partnership with Ping An OneConnect Bank (Hong Kong) Limited (“PAOB”) to further enhance the digital onboarding process for its small and medium enterprise (“SME”) clients. The partnership is setting the foundations to support PAOB meeting the increasing demand for quick-to-access banking services by local SMEs through the provision of......
CIBC Innovation Banking Provides €12m Financing Package to Language Technology Business Phrase
Banking News

CIBC Innovation Banking Provides Growth Capital to ConnectCPA

Business Wire
CIBC Innovation Banking is pleased to announce it has provided growth capital financing to ConnectCPA, an industry leading provider of cloud-based accounting and bookkeeping services. The financing will be used to propel ConnectCPA’s product development and expand its market footprint. Latest Fintech Interview: Global Fintech Interview with Ramy Ashour, Global......
Distributed Ventures Closes $100 Million Fund and Plans To Accelerate Growth with Key Leadership Hire
Fintech News

Distributed Ventures Closes $100 Million Fund and Plans To Accelerate Growth with Key Leadership Hire

Business Wire
Venture Capital Firm Closes Largest Fund To-Date and Taps Community Expert, Mandy Yoh as Chief of Staff Early-stage venture capital firm, Distributed Ventures, announced the close of the company’s first fund under the Distributed Ventures banner. The fund closed $100M in total commitments, the company’s largest to-date, from an exceptional range of......
Primerica’s Top Leaders Gather to Discuss Opportunities Ahead in Investments Business
Fintech Investment Services News

Primerica’s Top Leaders Gather to Discuss Opportunities Ahead in Investments Business

Business Wire
Primerica, a leading provider of financial products to middle- income households in North America, announced that its top securities leaders will gather on July 19-20 at the Mohegan Sun in Uncasville, CT. During the meeting, leaders will discuss the first half of 2023 and review opportunities that exist around growing......
BOSS Money App Expands into Francophone Africa Making It Easy to Receive, Send and Exchange in Local Currencies Across the Region
Fintech News

BOSS Money App Expands into Francophone Africa Making It Easy to Receive, Send and Exchange in Local Currencies Across the Region

Fintech News Desk
The app also enables direct receipt of BOSS Money remittances within minutes from friends and family in the US IDT Corporation, a global fintech company, announced the expansion of its BOSS Money app into Francophone Africa – Senegal, Côte d’Ivoire, Cameroon, and Democratic Republic of Congo. The BOSS Money app......
Global Survey Shows Wealth Management Ecosystem at Inflection Point
Investment Services News

Global Survey Shows Wealth Management Ecosystem at Inflection Point

Business Wire
Uncertainties about the outlook for global growth driving change Client experience and Digital delivery remains top priority Regulatory environment remains top challenge for industry Preference for outsourcing technology development New research from Citi Business Advisory Services, in partnership with Citi Securities Services, released highlights the need to transform business and......
With Close of Fourth PDP Wellbore Securitization, Raisa Energy’s Total PDP Wellbore Securitizations Now Exceed $1 Billion
Investment Services News

With Close of Fourth PDP Wellbore Securitization, Raisa Energy’s Total PDP Wellbore Securitizations Now Exceed $1 Billion

Business Wire
Raisa’s fourth securitization achieved the highest investment grade rating assigned to a PDP oil & gas securitization by Fitch Ratings. Raisa has accomplished the first dropdown into its Master Trust Securitization Program. Raisa’s total wellbore securitizations approximately represent 13,000 wellbores, operated by 100 operators, located in 60 counties in 10......
KKR Leads US$190 Million Series C Round in Leading Korean Online Platform MUSINSA
Fintech Investment Services News

KKR Leads US$190 Million Series C Round in Leading Korean Online Platform MUSINSA

Business Wire
Transaction includes participation from Wellington Management MUSINSA, an online fashion platform in South Korea, and KKR, a leading global investment firm, announced the signing of definitive agreements under which funds managed by KKR will lead the US$190 million Series C fundraise of MUSINSA (the “Company”), with participation from Wellington Management,......
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