Month : July 2023

KKR Invests in Perú’s First Open Access Fiber Optic Network to Bridge the Digital Divide
Investment Services News

KKR Invests in Perú’s First Open Access Fiber Optic Network to Bridge the Digital Divide

Business Wire
Leading global investment firm KKR agrees to acquire a majority interest in PangeaCo and the fiber optic networks of Telefónica del Perú and Entel Perú KKR plans approximately US$200 million of additional investment to accelerate expansion of ultra-fast digital infrastructure to more than double the network to at least 5.2......
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

Fintech Staff Writer
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......
Finequities Chooses ViewTrade as Technology Partner for New AI-Powered Social Trading Platform
News Trading

Finequities Chooses ViewTrade as Technology Partner for New AI-Powered Social Trading Platform

PR Newswire
ViewTrade, the force that powers fintech, and Finequities, an innovative social trading technology firm, today announced that Finequities has chosen ViewTrade as the technology partner for its AI-powered social trading platform. Finequities will use ViewTrade’s cutting-edge trading solutions to help investors put their investment decisions into action. Launched in June 2023 as a......
CUSO Financial Services Continues Growth Momentum in New Partnership with $2.3 Billion Capital Credit Union
Investment Services News

CUSO Financial Services Continues Growth Momentum in New Partnership with $2.3 Billion Capital Credit Union

PR Newswire
CUSO Financial Services (CFS), a subsidiary of Atria Wealth Solutions, Inc. (Atria), is thrilled to announce a multi-year partnership with Capital Credit Union (Capital), marking another significant step in CFS’s ongoing growth. Capital Credit Union, established in 1927 and serving over 120,000 members with $2.3 billion in total credit union deposits across Wisconsin through......
Verimatrix XTD Selected by Crédit Agricole Payment Services to Secure “Paiement Mobile” App
Digital Payments News

Verimatrix XTD Selected by Crédit Agricole Payment Services to Secure “Paiement Mobile” App

Business Wire
The Verimatrix XTD solution will be used to deploy enterprise-grade threat defense protections for its French mobile payment app Verimatrix, the leader in powering the modern connected world with people-centered security, announced that Crédit Agricole Payment Services, the payment subsidiary of Crédit Agricole Group, will work with Verimatrix XTD (Extended Threat......
LendingPoint Closes $900 Million Committed Forward Flow Program
Lending News

LendingPoint Closes $900 Million Committed Forward Flow Program

Business Wire
New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity The financial technology platform LendingPoint, announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. “Our strategy is to stay hyper-focused on ensuring that we......
PAAL: Revolutionizing AI and Cryptocurrency with Personalized Experiences
Artificial Intelligence Blockchain News

PAAL: Revolutionizing AI and Cryptocurrency with Personalized Experiences

GlobeNewswire
In the rapidly evolving digital landscape, two domains stand out for their groundbreaking potential: Artificial Intelligence (AI) and Cryptocurrency. A pioneering platform, PAAL, seamlessly unites these realms, enhancing user interaction with technology and expanding the horizons of AI and blockchain. PAAL: Bridging AI and Cryptocurrency PAAL is built on robust......
Data Connect for Marketing Empowers Omni-Channel Businesses to Use Payments Data
Commerce Finance News

Data Connect for Marketing Empowers Omni-Channel Businesses to Use Payments Data

PR Newswire
Adyen’s latest product is already helping global fashion group AWWG (Pepe Jeans London, Hackett and Façonnable) improve its customer loyalty programs & Salesforce has built an integration to offer payments-enriched profiles to its customer base Adyen, the global financial technology platform of choice for leading businesses, announces the launch of......
Borderless Capital Leads $1.5M Investment into the GEODNET Foundation to Support a Precise and Trusted Decentralized Location Service
Investment Services News

Borderless Capital Leads $1.5M Investment into the GEODNET Foundation

Business Wire
The GEODNET Foundation (GeoDAO PTE, LTD) announced the completion of a private $1.5M token sale. The round was led by Borderless Capital’s EdgeFi Fund, the first web3 investment fund exclusively focused on Decentralized Physical Infrastructure Networks (DePIN). The investment round includes additional participation from IoTeX, a web3 technology provider and......
AM Best Withdraws Credit Ratings of Kingstone Insurance Company
Fintech InsurTech News

AM Best Withdraws Credit Ratings of Kingstone Insurance Company

Business Wire
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Kingstone Insurance Company (KICO) (Kingston, NY). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer......
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