Author : Fintech News Desk

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Fintech News Desk is a trained group of web journalists and reporters who collect news from all over the financial technology landscape. The financial services innovations include latest and advanced developments related to Digital banking, wallets, AI, ML, IT, Cloud Security, Privacy and Security, Cyber threat intelligence, Space, Big data and Analytics, Blockchain, and Crypto. To connect, please write to Fintech market analyst at sghosh@martechseries.com.

Blackstone Hires Former Amazon Executive Christine Feng as Senior Managing Director

Fintech News Desk
by Fintech News Desk0
Blackstone (NYSE:BX) today announced that Christine Feng, a former senior executive at Amazon focused on mergers and acquisitions, has joined the firm as Senior Managing Director. Ms. Feng will be based in San Francisco and focus on technology investing for Blackstone’s opportunistic investing platform, Blackstone Tactical Opportunities, and will also......

Bank Alfalah and TerraPay to Launch Home Remittance Service to Pakistan

Fintech News Desk
by Fintech News Desk0
TerraPay, a global payments infrastructure company and Bank Alfalah have announced a partnership for offering remittance payment services in Pakistan. Through this partnership, overseas Pakistanis will be able to use TerraPay’s partners’ network to instantly deposit money to any bank account in Pakistan. With this service, Bank Alfalah is reinforcing its commitment to facilitating......

Iconic Holding’s Multi-manager Platform Partners With Enigma Securities

Fintech News Desk
by Fintech News Desk0
Enigma Securities Ltd. (www.enigma-securities.io), a technology-driven financial institution dedicated to corporate client solutions for cryptoassets, announced today the partnership with Iconic Holding’s Multi-Manager Platform (www.iconicholding.com). Applying its expertise in capital markets, Enigma will provide liquidity, provision of credit, and capital introduction for the Multi-Manager Platform. In addition, Enigma will advise......

DropIn Introduces D{ai}mentions™: AI-Based Metrics

Fintech News Desk
by Fintech News Desk0
AI tools help insurance adjusters and inspectors to process claims remotely  DropIn has introduced D{ai}mentions—a series of new AI tools designed to enhance the capability and utility of its live-streaming platform. D{ai}mentions are a collection of patent-pending artificial intelligence measurement tools. They allow insurance adjusters and site surveyors to profile specific areas—such......

Electric Capital Launches $110 Million Fund Focused on Cryptonetworks and Blockchain Businesses

Fintech News Desk
by Fintech News Desk0
Electric Capital today announced the closing of its second fund, a $110 million Seed and Series A fund, focused on cryptonetworks and blockchain enabled businesses. The firm is led by co-founders Avichal Garg and Curtis Spencer. The founders are serial entrepreneurs, prior executives at Facebook and Google, and investors in companies such as Airtable, Boom,......

Duality Technologies and NumFOCUS Partner to Develop Platform for Privacy-Preserving Analysis of the Real Impact of Academic Scholarships

Fintech News Desk
by Fintech News Desk0
Under the collaboration, Duality will develop a privacy-preserving research framework based on the PALISADE open-source Homomorphic Encryption (HE) library to enable academic institutions and public agencies to share data and evaluate the effects of grant-making to students Duality Technologies, a leading provider of Privacy-Enhancing Technologies (PETs) enabling collaboration between organizations......

Absa ARO Completes Fully Virtual Implementation as It Moves to Fiserv for Card Management and Processing Across Nine African Nations

Fintech News Desk
by Fintech News Desk0
Fiserv, a leading global provider of payments and financial services technology, announced that Absa Regional Operations (ARO) has moved to Fiserv to support credit card management and processing in nine African nations. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant Absa Regional Operations has......

Punchey Announces New CFO

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by Fintech News Desk0
Mark Tavenner Named CFO Punchey, Inc, the leading cloud-based payment and POS system for consumer facing businesses, today announced the appointment of Mark Tavenner as Chief Financial Officer, effective August 3rd. Read More: GlobalFintechSeries Interview with Chuck Klein, Chief Executive Officer & Founder at IMM “Mark brings a strong track record of driving......

CFA Institute to Transition to Computer-Based Testing For All Levels of the CFA® Program in 2021

Fintech News Desk
by Fintech News Desk0
 CFA Institute, the global association of investment professionals, announces that it will transition to Computer-Based Testing (CBT) for all three levels of the CFA Program in 2021. Level II and Level III examinations for 2021 will be administered via CBT, along with the already-announced transition for Level I. The December 2020 administrations......
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