Category : Banking

Banking News

Xendoo, Worthy Financial Peer-Selected For Funding During Village Capital’s Finance Forward US 2019 Accelerator Program

Fintech News Desk
by Fintech News Desk0
The Startups Will Receive $75k in Grant Funding From MetLife Foundation Village Capital announced that Xendoo and Worthy Financial were peer-selected for funding during Finance Forward US 2019, an accelerator program that is a part of Finance Forward. A multi-year global coalition led by founding partners MetLife Foundation and PayPal, Finance Forward is supporting......
Banking News

ACH Network Annual Growth Rate Reaches 12-Year High

Fintech News Desk
by Fintech News Desk12
B2B, Direct Deposit, and Same Day ACH Show Impressive Gains in 2019 The ACH Network saw a remarkable year in 2019 as the annual growth rate reached a 12-year high. There were 24.7 billion payments on the ACH Network, an increase of 7.7% over 2018. The value of those payments......
Banking Business News

S3 Partners Adds Two Seasoned Sales Professionals From Hazeltree Treasury Solutions and ENSO Financial Analytics

Fintech News Desk
by Fintech News Desk0
S3 Partners (“S3”), a market-leading financial technology and analytics firm, announced the hiring of Dean Fabrizio and John Clancy as Directors of Business Development. The two will help S3 to sell software, data and apps, leveraging relationships across the alternative investment community, banks and other financial institutions. Read More: Informa Financial Intelligence and Neuro-ID......
Banking News

LendUp Surpasses $2 Billion in Consumer Loans

Fintech News Desk
by Fintech News Desk6
Marking Her One-Year Anniversary as CEO, Anu Shultes Continues to Sharpen the Company’s Focus on Financial Inclusion for the Aspiring Middle Class LendUp, the company whose goal is to make financial health a reality for all, announced it has issued over $2 billion in consumer financing through its digital lending......
Banking Investment Services News

Illuminate Financial Invests $4 Million in Baton Systems

Fintech News Desk
by Fintech News Desk0
Largest Investment To-Date for the FinTech VC Brings Baton’s Total Funding to $16 Million Baton Systems (“Baton”), a provider of distributed ledger-based post-trade solutions for capital markets, has received a $4 million investment from Illuminate Financial Management. Baton’s total of $16 million in funding, which also includes investors Trinity Ventures, Alsop Louie and Commerce Ventures, will......
Banking Business News

AllocateRite Announces a New Version of its Mobile App, with Significant Updates

Fintech News Desk
by Fintech News Desk1
AllocateRite, the New York FinTech and data science company that provides wealth managers and individual investors with ETF-based dynamic asset allocation strategies and risk analytics, is excited to announce the release of a newly updated version of our mobile app. The update includes stock market momentum indicators which use AI......
Banking Fintech News

Orion Leverages Financial Planning Acquisition to Drive Advisor Growth and Elevate the Client Experience

Fintech News Desk
by Fintech News Desk0
Enhancements to the Advizr Platform Empower Advisors to Seamlessly Connect Financial Goals With Investment Performance, Better Protect Their Clients From Cyber Threats, and Ultimately Grow Their Businesses Orion Advisor Tech (“Orion”), a division of Orion Advisor Solutions and the premier provider of financial advisor technology and enhanced investment solutions, announced......
Banking Fintech News

Informa Financial Intelligence and Neuro-ID Partner to Remove Digital Friction in the Customer Journey

Fintech News Desk
by Fintech News Desk6
Neuro-ID’s Friction Index Scientifically Measures and Monitors Digital Friction to Improve Customer Experience Informa Financial Intelligence, a leading provider of solutions for financial services professionals, and subsidiary of Informa PLC  the international exhibitions, events, business intelligence and academic publishing group, announces its partnership with next-generation analytics company Neuro-ID, to empower......
Banking Fintech News

TriFinance and AI Firm Sidetrade Collaborate to Improve Efficiency in the Order-To-Cash Process

Fintech News Desk
by Fintech News Desk0
Sidetrade , the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, and TriFinance Netherlands announced that they are working together to help CFOs meet the challenge of Accounts Receivable management and cash flow generation. Financial services consulting firm TriFinance Netherlands has signed a partnership with AI firm Sidetrade.......
Banking Fintech News

CPI Card Group’s Dual Interface Metal Cards Uniquely Combine High-Quality Design and Contactless Capability

Fintech News Desk
by Fintech News Desk0
In New White Paper, CPI Maps “the Road to Contactless” CPI Card Group Inc. , a payment technology company and leading provider of credit, debit and prepaid solutions, highlighted its dual interface metal card solution, which uniquely captures two major trends in consumer payments: metal and contactless. The Company’s patented......
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