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Why Cash Still Matters in Today’s Economy

Jim Petit
by Jim Petit0
As we move into an even more digitized world, where digital transactions dominate and mobile payments are on the rise, it might seem like physical cash is becoming less important. But if we look closer, cash still plays a crucial role in our economy. It offers advantages like resilience, accessibility,......
Duality Technologies Joins The Financial Data Exchange (FDX) To Help Accelerate Privacy-Preserving Data Sharing in the Banking Industry
Banking Business Cryptocurrency Fintech InsurTech Investment Services News Risk Management

Duality Technologies Joins The Financial Data Exchange (FDX) To Help Accelerate Privacy-Preserving Data Sharing in the Banking Industry

Fintech News Desk
by Fintech News Desk0
Privacy-Enhancing Technology leader Duality to contribute to development of common technical data sharing standards for open finance Duality Technologies, a leading provider of Privacy-Enhancing Technologies (PETs) based on Homomorphic Encryption (HE), announced today that it has joined the Financial Data Exchange (FDX), a consortium of over 170 US and Canadian......
XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America
B2B Finance Fintech News

XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America

PR Newswire
by PR Newswire0
Through the collaboration with EBANX, XTransfer offers the preferred local payment methods from Latin America to businesses worldwide exporting to the region. Cash-based vouchers, electronic transfers, and Pix, the instant payments in Brazil, are among the options. XTransfer, China’s top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers......
Solvento Secures $50 Million Debt Facility from Lendable & Equity led by Quona Capital To Launch AI Software for Trucking Industry
Fintech News

Solvento Secures $50 Million Debt Facility from Lendable & Equity led by Quona Capital To Launch AI Software for Trucking Industry

PR Newswire
by PR Newswire0
LatAm fintech raises capital and launches Automated Invoice Auditing to solve for supply chain and freight dynamics propelled by nearshoring Solvento, the fintech company that develops payment and credit infrastructure for Latin America’s trucking sector, announced that it has closed a $50M debt facility from Lendable and raised an oversubscribed equity round......
PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion
Fintech News

PSG Equity Holds Final Close of Second European Fund at more than €2.6 Billion

Business Wire
by Business Wire0
Commitments to second fund significantly exceed size of PSG Europe I, following strong demand from both new and existing limited partners Ongoing digitalization of the economy combined with fragmented nature of the European market continues to present significant investment opportunities in the software sector PSG has one of the largest......
WPAY: Revolutionizing P2P Payments Through Cryptographic Proof
Digital Payments News

WPAY: Revolutionizing P2P Payments Through Cryptographic Proof

GlobeNewswire
by GlobeNewswire0
The global financial system has undergone multiple changes throughout its lifetime. First, with the introduction of the gold standard, then with advancements in banking communications, digitized international trade and investment, and remittances. All of these inventions have made the world economy more efficient. In recent years, this trend hasn’t stopped.......
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Top 10 Fintech Applications Specifically Built For Smart Banking

Pooja Choudhary
by Pooja Choudhary0
Banking is necessary, but banks are not and why do banks have branches if money doesn’t grow on trees? Smart banking indeed is the need of today’s lifestyle and work culture. In this piece, we’re going to give you a brief synopsis of the top 10 fintech applications that went......
Wolters Kluwer Launches OmniVault for Real Estate Finance
Digital Lending News

Wolters Kluwer Compliance Solutions Offers Insights on Evault Capabilities

Business Wire
by Business Wire0
eAsset management is critical to tracking digital loans and providing a digital chain of custody and evidence Tim Yalich, Head of Automotive Strategy, Wolters Kluwer Compliance Solutions, has shared his insights on the adoption of digital capabilities in auto lending. There has been considerable uptake in recent years, particularly on the......
Confronting the Difficulties Most UK Gig Workers Face When Accessing Financial Services
B2B Business Guest Posts

Confronting the Difficulties Most UK Gig Workers Face When Accessing Financial Services

Ali Hamriti
by Ali Hamriti0
There are around 4.4 million people in the UK who work for gig economy platforms at least once a week. The ongoing cost of living crisis has exacerbated financial pressures for many more people, 5.2m of which have taken on extra jobs. This rapidly growing population contribute a substantial £20bn......
Versana Launches Digital Data Platform, Delivering the Modern Foundation to Transform the $5T Syndicated Loan Market
Banking Digital News

Versana Launches Digital Data Platform, Delivering the Modern Foundation to Transform the $5T Syndicated Loan Market

Fintech News Desk
by Fintech News Desk0
Versana announced the launch of its industry-backed syndicated loan platform, bringing to market a new centralized solution that digitally captures agent banks’ deal data on a real-time basis, providing the modern foundation for future market innovation and collaboration. Versana connects banks, institutional lenders and their service providers to deliver transparency, efficiency......
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