Category : Banking

Banking Business News

Brink’s to Acquire Majority of G4S Cash Operations for $860 Million

Fintech News Desk
by Fintech News Desk0
Core Acquisition Adds 14 New Markets; 2019 Revenue of $800 Million Strategic Fit and Strong Platform for Future Growth Expected to be Accretive to Non-GAAP Earnings in 2020 Management Hosting Conference Call Today at 10:30 a.m. ET The Brink’s Company , the global leader in total cash management, route-based secure......
Banking Fintech News

Planful Delivers Beautiful User Interface and Collaboration Upgrades to Elevate Organizational Financial IQ

Fintech News Desk
by Fintech News Desk0
With an Elegant User Interface Inspired by the Company’s Recent Rebranding,The Latest Planful Product Release Rolls Out the Industry’s First Dynamic Commentary Feature  Planful Inc. (formerly Host Analytics), a leading financial planning and analysis (FP&A) platform provider, announced significant upgrades via its Winter20 product release. In keeping with the company’s recent......
Banking Fintech Radar Mobile Banking News

Banno Digital Platform Helps Simmons Bank Enhance Customer Engagement

Abhishek Upadhyay
by Abhishek Upadhyay0
A major provider of technology solutions and payment processing services primarily for the financial services industry, Jack Henry & Associates, Inc., recently made an announcement that Simmons Bank had chosen the Banno Digital Platform™ to support its aggressive growth route. The Arkansas-based bank has made this tactical move to build......
Banking Fintech News

One Million Laundry and Vending Machines are being Upgraded to Accept Mobile Payment with a Hardware-as-a-Service Model

Fintech News Desk
by Fintech News Desk0
PayRange Inc., a network for everyday purchases, has secured $70 million in funding to digitize unattended retail machines at no up-front cost to machine owners. The digital revolution has left millions of vending, laundry, and other cash-and-coin-only machines behind, because until now, upgrading to accept card and NFC payments has......
Banking Fintech News

LendingPoint Announces Pricing of $200 Million Rated Personal Loan Securitization and $45.8 Million Point-of-Sale Loan Securitization

Fintech News Desk
by Fintech News Desk0
Direct-to-consumer loan securitization rated by KBRA through 95% of pool balance with blended note yield of 4.037% Data and technology platform LendingPoint announced the closing of two securitizations of both direct-to-consumer and point-of-sale loans. LendingPoint Receivables Trust 2020-1 (“LDPT 2020-1”) issued $200 million of rated notes backed by a pool of......
Banking Business Fintech News

Ria Money Transfer Opens First Store in Singapore

Fintech News Desk
by Fintech News Desk0
The Money Transfer Leader Continues Its Asia Pacific Expansion, Opening a Store in Little India Ria Money Transfer, a subsidiary of Euronet Worldwide, Inc. and a global leader in the money transfer industry, announced the opening of its first store in Singapore. Located in Kerbau Road 8 in the Little......
Banking Fintech News

Pipe Raises $6M to Launch New SaaS Financing Platform

Fintech News Desk
by Fintech News Desk0
Advancing the value of SaaS contracts, Pipe defines important new financing category Pipe, a new financing platform for SaaS companies, announced it has raised $6 million in Seed funding led by Craft Ventures, with participation from Fika Ventures, MaC Ventures, Naval Ravikant, WorkLife Ventures, Liquid2 and The Weekend Fund. Led by......
Banking Fintech News

B2 Payment Solutions Announces New Mobile Test Suite Designed to Help Test Mobile Payments Acceptance

Fintech News Desk
by Fintech News Desk0
As contactless and mobile payments become more prominent, processors, ISOs, ISVs and merchants are increasingly looking for ways to develop, test and migrate point-of-sale devices to accept this new form of digital payment. B2 Payment Solutions (B2), an organization providing best-in-class products and services for the payment industry, has just launched......
Banking Fintech News

Mastercard Updates First-Quarter and Full-Year 2020 Net Revenue Outlook Based on the Impact of the Coronavirus

Fintech News Desk
by Fintech News Desk0
We have been closely monitoring the impact of COVID-19 and our thoughts are with the individuals and families whose lives have been affected by the spread of the disease. Our top priority is to ensure the health and safety of our employees and support those in need. The fundamentals of......
Banking Fintech News

Fintech Select Provides Corporate Update

Fintech News Desk
by Fintech News Desk0
Fintech Select Ltd. is pleased to update shareholders on its focused efforts to add digital and financial payment solutions that complement its existing portfolio. The idea is to target solutions that can both have a positive impact on its leading role in the financial payment solutions sector as well as to......
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