Month : October 2023

Digital Digital Payments Featured Fintech Primers

What Are Cross-Border Payments In The UK?

Pooja Choudhary
by Pooja Choudhary0
Introduction In this blog, we shall highlight the CBP for the United Kingdom. Any “national payment” or “cross-border payment” made in British pounds or any other EU currency that requires a currency conversion falls under the purview of the UK regime. All parties involved in a “national payment” are based......
Digital Digital Payments Featured Fintech Primers

What Are Cross-Border Payments In The U.S.?

Pooja Choudhary
by Pooja Choudhary0
In this blog, we shall highlight the CBP for the United States. The North American market retains the largest market share in CBP. When a person, business, or financial institution sends money to another person, business, or financial institution located in a different country, the transaction is considered a cross-border......
Forta Solutions Officially Launches Groundbreaking Warehouse Lending Platform Agility
Lending News

Forta Solutions Officially Launches Groundbreaking Warehouse Lending Platform Agility

PR Newswire
by PR Newswire0
In the limited warehouse tech space, warehouse lenders finally have a new, superior alternative Fintech provider Forta Solutions announced the launch of Agility, a groundbreaking warehouse lending platform that offers warehouse lenders unparalleled transparency, efficiency and a faster, more secure path to liquidity. Designed by warehouse lenders and built with modern......
Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US
Investment Services News

Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US

PR Newswire
by PR Newswire0
Truist Financial Corporation announced it has received $65 million in New Markets Tax Credits (NMTC) allocation authority from the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund. This is the 12th time Truist Community Development Enterprises, a subsidiary of Truist Financial Corporation, has received a NMTC award and the second year in a......
Creative Force Raises $8.9M in Series A Funding to Transform E-Commerce Content Production with Generative AI
Fintech Investments News

Creative Force Raises $8.9M in Series A Funding to Transform E-Commerce Content Production with Generative AI

Business Wire
by Business Wire0
Creative Force’s end-to-end, creative operations workflow platform streamlines high-quality e-commerce content production at scale and increases efficiency by up to 30%, freeing creatives to spend more time creating Creative Force, the leading end-to-end creative operations workflow platform for e-commerce retailers and brands, today announced it has raised $8.9 million in......
Muthoot Fincorp Limited Announces New NCDs, Aims to Raise ₹225 Crores
Digital Payments News

Muthoot Fincorp Limited Announces New NCDs, Aims to Raise ₹225 Crores

PR Newswire
by PR Newswire0
Muthoot FinCorp Limited (“Company”), the flagship company of the 136-year-old Muthoot Pappachan Group (Muthoot Blue) has announced the XVI Tranche II series of secured, redeemable, non-convertible debentures (“NCDs”) to raise an amount aggregating up to ₹225 crores, which is within the shelf limit of ₹1,100 crore. The second tranche issuance......
Industry Innovators Launch BlueFlame AI to Help Alternative Investment Managers Harness the Power of Generative AI
Fintech Investment Services News

Industry Innovators Launch BlueFlame AI to Help Alternative Investment Managers Harness the Power of Generative AI

Business Wire
by Business Wire0
Founders tap decades of experience in the alternatives space to help firms effectively, safely and economically deploy AI solutions BlueFlame AI, the generative AI platform for alternative investment managers, today announced general availability of its transformative platform. Purpose-built to meet the needs of the alternatives industry, BlueFlame helps clients harness......
Is WEB3 Dead - Not According to the Financial Results of This Startup - LootMogul
Fintech News

Is WEB3 Dead – Not According to the Financial Results of This Startup – LootMogul

PR Newswire
by PR Newswire0
Over the last couple of years, WEB3 went through its own hype and bust, especially NFT (Non-Fungible-Token) assets, which had a crazy valuation that is now worth pennies. Most of the assets had no real-world value and/or connection to the real people, brands, physical products, etc. Companies that have survived......
Infosys Highest ever large and mega deal wins with TCV of $7.7 billion lay solid foundation for future
Fintech News

Highest Ever Large and Mega Deal Wins With TCV of $7.7 Billion Lay Solid Foundation for Future

PR Newswire
by PR Newswire0
Q2 growth at 2.3% sequentially with resilient margins of 21.2%. Revenue guidance revised to 1.0%- 2.5% Infosys, a global leader in next-generation digital services and consulting, delivered $4,718 million in Q2 revenues with year-on-year growth of 2.5% and sequential growth of 2.3% in constant currency. Large deal TCV for the quarter was $7.7 billion,......
Request Finance Hits $400 Million Milestone in Crypto Payments, Unveils the Ultimate Guide to Crypto Treasury Management
Cryptocurrency Digital Payments News

Request Finance Hits $400 Million Milestone in Crypto Payments, Unveils the Ultimate Guide to Crypto Treasury Management

PR Newswire
by PR Newswire0
Request Finance, the leading enterprise crypto payments app, has achieved a remarkable milestone, processing over $400 million in crypto invoices, payroll, and expenses since launching in 2021. It has helped over 2,000 Web3 teams, such as The Sandbox, NEAR, and The Graph to automate and simplify enterprise payments, financial reporting, and compliance for companies using crypto. Following the......
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