Category : Banking

Banking Fintech News

AvidXchange examines Middle Market Spending Trends in new report

Fintech News Desk
AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has launched its first-ever report examining middle market spending trends. Based on data captured from the 12 million payments processed annually through the AvidPay Network, the research shows that middle market spending is pivoting back to a positive......
Banking Business Fintech News

Credit Sesame Taps Silicon Valley Entrepreneur and Venture Partner to Lead Corporate Development

Fintech News Desk
Credit Sesame announced the addition of Ian Foley to its leadership team as the company’s first head of corporate development. Foley brings more than 20 years of experience in building and selling fintech startups and managing complex strategic partnerships. In this role, Foley will support Credit Sesame’s rapid expansion by identifying strategic......
Banking Business Fintech News

FIS Tops Chartis RiskTech100® Rankings For Sixth Straight Year

Fintech News Desk
For the sixth year in a row, financial technology leader FIS® (NYSE: FIS) has placed first in the Chartis RiskTech100®. Read More: Opportunity Fund Partners with Lendio and Funding Circle, Increasing Small Businesses’ Access to Credit Compiled by leading research and analysis firm Chartis Research, the RiskTech100® is an annual ranking of the world’s......
Banking Fintech News

BAI Research Finds Improving the Customer Experience Remains the Top Business Challenge for Financial Services Organizations in 2021

Fintech News Desk
Majority of consumers willing to switch for better digital capabilities and are open to banking with non-traditional financial services organizations BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, unveiled new research addressing the top priorities on financial services leaders minds and changing consumer attitudes......
Banking Business Fintech News

BrightFi Services Launches Bank On Banking Core, Helping Banks and Credit Unions Across the US Reach the Underserved with Certified Bank On Account Products

Fintech News Desk
BrightFi, the Banking as a Service (BaaS) company that saves banks time and money while increasing profitability, has announced it is now able to provide banks and credit unions with Bank On account templates that are fast, easy and affordable to implement. Read More: Wells Fargo Quantitative Prime Services Offers......
Banking Fintech Guest Posts

Reflecting on 2020 and Preparing for 2021: SaaS and Banking

Nathan Baumeister
The pandemic undoubtedly accelerated the longstanding trend of digital adoption in all industries, especially banking. Socially distant workplaces and rapidly evolving customer expectations have driven banks and credit unions to adopt and maintain cutting-edge technology at unparalleled speed. As financial institutions continue to expand their high-tech capabilities into 2021, the......
Banking Fintech News

Platform Partners Completes Investment in E-xact Payments

Fintech News Desk
Platform Partners LLC (“Platform”), a private holding company headquartered in Houston, TX announced its investment in E-xact Payments, LLC (“E-xact” or the “Company”), a leading provider of integrated payment gateway services to bank partners, software platforms and omnichannel merchants. Read More: tZERO ATS Market Data Now Available On Financial Market Data Platform......
Banking Fintech Fintech Funding InsurTech News

Insuretech Platform Turtlemint Raises USD 30 Million

Fintech News Desk
Funding to boost insurance & financial product penetration at the grassroots India based insuretech platform Turtlemint, has secured USD 30 million (INR 225 Cr), in a round led by GGV Capital. New investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus......
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