Category : Banking

Banking Finance News

The Fundrise Innovation Fund (VCX) Participates in OpenAI’s $122 Billion Funding Round

Business Wire
by Business Wire0
OpenAI, the creator of ChatGPT and a leading AI infrastructure company, has closed its largest funding round to date at a valuation of $852 billion The Fundrise Innovation Fund (VCX) announced its participation in OpenAI’s latest funding round, increasing its existing position in one of the world’s most consequential technology......
Artificial Intelligence Digital Payments Fintech Interviews Technology

Global FinTech Interview With Patrick Blanc, Chief Technology Officer at Flywire

Paroma Sen
by Paroma Sen0
Patrick Blanc, Chief Technology Officer at Flywire chats about the global paytech landscape and what’s influencing software enabled payment cycles in this fintech interview:  __________ Take us through your role as Flywire’s new CTO and what’s the most exciting part of it? As Flywire’s Chief Technology Officer, I lead the......
Banking Finance News

ProSight Financial Association Launches New Enterprise Risk & Compliance Solution

Business Wire
by Business Wire0
Integrated solution streamlines workflows and strengthens organization-wide risk and compliance culture ProSight Financial Association announced the launch of the ProSight Enterprise Risk & Compliance Solution, a truly integrated suite of cloud-based software solutions designed for small and mid-sized banks and credit unions seeking to eliminate manual, error‑prone processes and improve......
Digital Payments Finance News

New Study Reveals Deepening Financial Divide Between Americans With High and Low Credit Scores

Business Wire
by Business Wire0
Survey finds 91% of credit-challenged consumers live paycheck to paycheck and most have $500 or less in savings A new national survey from Snap Finance®, a leading fintech platform that drives retailer growth by expanding consumer access to financing, released findings showing a widening financial divide between Americans with lower......
Banking Finance News

Moniepoint Inc. Enters Kenyan Market With Acquisition of Sumac Microfinance Bank

Business Wire
by Business Wire0
Strategic acquisition brings Moniepoint’s all-in-one digital financial services to Kenya’s underserved MSME segment Moniepoint Inc. (“Moniepoint”), Africa’s leading financial platform, announces the completion of its acquisition of Sumac Microfinance Bank Limited (“Sumac”). The transaction, approved by the Central Bank of Kenya and Competition Authority of Kenya, marks Moniepoint’s first major......
Digital Payments Fintech News

Fello and Verifone to Deliver Enterprise-Grade Payment Solutions for Events and Pop-Ups Nationwide

GlobeNewswire
by GlobeNewswire0
Fello, the leading provider of turnkey event-technology rentals, announced a new partnership with Verifone, a global payments technology leader trusted by merchants around the world. Together, they are bringing fully configured Verifone payment terminals to event organizers, pop-up merchants, and temporary retail operations that need fast, reliable, and compliant payment......
Banking Finance News

Asprofin Bank Onboards RRP Electronics as Tier One Contractor for Multi Billion Datacenter Network

EIN Presswire
by EIN Presswire0
Tripartite MOU Focuses on Financing, Execution, and AI Data Centers Three industry leaders – Asprofin Bank Corporation, Wow Global Technologies W.L.L., and RRP Electronics Limited – have formalized their commitment with a tripartite memorandum of understanding to construct a cutting-edge modular and hyperscale data center network across Qatar, India, and Southeast......
Banking Finance News

Airwallex Secures Key Regulatory Approvals for Full Commercial Launch in Malaysia

Business Wire
by Business Wire0
Airwallex obtains e-money and Class A licences from Bank Negara Malaysia, unlocking full local operations With this expanded offering, Airwallex distinguishes itself as one of Malaysia’s most comprehensive full-stack, non-bank financial services providers Malaysian businesses can now manage and move money globally at scale and with confidence through Airwallex’s tech-enabled......
Banking Credit Bureaus News

Steinbach Credit Union Selects BanQsi as Partner for Core Banking Transformation

EIN Presswire
by EIN Presswire0
Steinbach Credit Union (SCU), one of Canada’s largest credit unions, today announced a new partnership with BanQsi, a fintech and technology services firm specializing in complex banking initiatives. Through this partnership, BanQsi will work alongside SCU to support key core banking and technology transformation projects. The collaboration is focused on......
Digital Payments Fintech News

Forwardly named B2B Payments Product of the Year in the 2026 FinTech Breakthrough Awards

EIN Presswire
by EIN Presswire0
Forwardly recognized among global fintech leaders for innovation in business payments automation. Forwardly, the modern business payments platform for high-growth businesses and accounting professionals, announced it has been named B2B Payments Product of the Year in the 10th annual FinTech Breakthrough Awards program. Businesses in the USA deserve a payments......
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