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Toku Raises USD $7.15 Million in Seed Round to Revolutionize Subscription Payments in LatAm

PR Newswire
On a mission to revolutionize the way companies collect payments in Latin America, Toku, the platform optimizing collections for subscription companies, announced today that it has raised USD $7 million. The funding round was led by North American venture capital firm F-Prime Capital, accompanied by Wollef, Honey Island by 4UM and existing investors FundersClub and......

Scientific Financial Systems Launches Quotient on the Snowflake Data Cloud

PR Newswire
Quotient, Powered by Snowflake, to drive Speed, Scalability, and Performance Scientific Financial Systems, Inc. (SFS) is pleased to announce the migration of Quotient, its flagship Advanced Analytical and Data Management application, to the Snowflake Data Cloud. Quotient, Powered by Snowflake, will allow financial companies to take advantage of the robust quantitative analytics tool set with the......

Bitpanda Technology Solutions Now Available to Financial Institutions via Visa’s Fintech Partner Connect Programme

PR Newswire
Bitpanda Technology Solutions, Bitpanda’s Software-as-a-Service solution,  empowers banks, brokers, fintechs and online platforms to rapidly offer trading and investment services for asset classes such as Crypto, Stocks/ETFs, Precious metals & Commodities to their end customers In partnership with Austrian fintech unicorn Bitpanda, Visa’s partners will gain the opportunity to access Bitpanda’s......

Greater Commercial Lending Completes $10 Million in Financing for RAW FARM

PR Newswire
Government-Guaranteed Loan Will Help California Dairy Farm Continue Post-Pandemic Recovery Efforts Greater Commercial Lending (GCL), which provides government-guaranteed loans to businesses and organizations in under-served and rural communities, has completed $10 million in financing to RAW FARM LLC in Fresno, California. The loan package, guaranteed by the U.S. Department of Agriculture (USDA) through the......

Hexaware and Xceptor Partner to Offer Innovative Data Automation Solutions for Banking and Financial Services

PR Newswire
Hexaware Technologies, a global IT services company, and Xceptor, a leading data automation platform provider, have launched a new Center of Excellence and Solution factory in Pune, India. The partnership combines Hexaware’s banking & financial services expertise and technical delivery capabilities with Xceptor’s best-in-class platform for automating data workflows to offer......

Advisor Group Launches Expanded Access To Liquidity Solutions With New Digital Securities-Based Lending Offering

PR Newswire
An Expansion of the Firm’s Wealth Management Offerings, Personal Credit Line Enables Financial Professionals to Manage and Navigate their Clients’ Life Changes While Keeping Them On Track to their Long-Term Financial Goals Advisor Group, one of the nation’s largest networks of independent wealth management firms, announced the launch of Personal Credit......

L3COS Launches Decentralized Digital Assets Exchange & Marketplace Featuring 100% Liquid Tokenized Deposits Safeguarded by Central Banks

PR Newswire
L3COS, a blockchain based operating system, is pleased to announce the launch of its decentralized exchange in April 2023. The exchange is L3COS’ first product to market made possible through proprietary Fiat-on-Chainâ„¢ (FoC) technology aiming to bridge the gap between traditional banking rails and a DEFI environment. Latest Fintech News: Piper......

Solutions by Text Announces Integrated Partnership with AKUVO

PR Newswire
Partnership will enhance consumer collections with conversational messaging capabilities for banks and credit unions  Solutions by Text, a compliance-first provider of enterprise text messaging solutions focused on consumer financial services, announced an integrated partnership with AKUVO, creator of Aperture, a cloud-based collections platform. The partnership will enable AKUVO’s community of......

Kaspersky Survey Finds One in Three Users Have Experienced Crypto Theft; Average Loss Is $97,583

PR Newswire
Kaspersky has released new survey results showing that one third of crypto owners in the U.S. have experienced theft of their currency or other assets, at an average cost of $97,583. This, and other findings, are part of a new report, “Crypto Threats 2023,” based on a survey of 2,000 American adults in October 2022. Crypto......

EBA CLEARING to Enrich RT1 and STEP2 with Fraud Prevention and Detection Capabilities

PR Newswire
The comprehensive solution will add insights from a central system view to the fraud-fighting efforts of STEP2 and RT1 users EBA CLEARING announced that it will enrich its SEPA payment systems, RT1 and STEP2, with fraud prevention and detection capabilities by November 2023. The Company’s new Fraud Pattern and Anomaly......
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