Category : Banking

Banking Investment Services News

Arcline Investment Management to Acquire Fairbanks Morse, an EnPro Industries Company

Fintech News Desk
Arcline Investment Management (“Arcline”), a growth oriented private equity firm with $1.5 billion of capital under management, announced that it has signed a definitive agreement to acquire Fairbanks Morse (“the Company”), an EnPro Industries company , for $450 million. Fairbanks Morse develops and manufactures heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse......
Banking

ACI Worldwide’s Latest Release of ACI Speedpay Enriches Digital Bill Payment Options and Improves Customer Experience

Fintech News Desk
New and Enhanced Features Include Improved Customer Ebilling Options, as Well as Enhanced Security and Convenience to Boost Customer Engagement ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced the latest release of ACI Speedpay. New and enhanced features boost the bill payment experience for......
Banking Fintech Funding

New Company, Trupayments, LLC, Launches Grail Technology Platform to Power Personalized Digital Marketing, Shopping and Retailing Solutions

Fintech News Desk
Initial Products, Tru Shop-By-Payment and Tru Rideitnow Serve Automotive, Powersports and Rv Verticals. Automobile Consumer Services, Inc. (ACS), announced it has established truPayments, LLC, a financial technology company. In 2017, ACS engineers began building a new platform, GRAIL, replacing its 11 year old DriveItNow web application. When completed, GRAIL will......
Banking Fintech Funding

Brex Signs $200M Debt Capital Raise

Fintech News Desk
Funding Will Fuel Brex’s Fast Growing Ecommerce Product Brex, the financial technology company that helps ambitious companies scale, announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse,......
Banking Fintech Funding

80% of Asia Bankers See Themselves as Open APIs Losers

Fintech News Desk
Fintech Gini Reveals an Industry Survey to Identify Open Banking Opportunities and Obstacles gini, the Hong Kong based data-driven banking solutions provider reveals a recent survey on Open APIs readiness among Asian fintech industry professionals. Only 20% of bankers saw themselves as the winners from Open APIs, even though 70%......
Artificial Intelligence Banking

IBM AI Innovations Sharpen Risk Detection in Identity Management

Fintech News Desk
More Individualized Approach Helps Optimize Both Security & User Experience IBM  Security announced it is extending its artificial intelligence (AI) technology originally developed to protect users in the financial services industry, to clients in all industries via the company’s identity-as-a-service (IDaaS) offering. IBM Cloud Identity now features AI-based adaptive access......
Banking Fintech

Finicity Awarded Best Company Culture for 2019 From Comparably

Fintech News Desk
Fintech once again ranked on Comparably’s Best Places to Work Awards Finicity, a provider of real-time financial data access and insights, announced that it has been ranked for having the Best Company Culture in the Comparably 2019 Best Places to Work Awards. The Best Company Culture category is a reflection......
Banking Fintech Funding

BlackLine Named ‘Change Enablement Champion’ At 2019 Kapost Customer Awards

Fintech News Desk
Accounting Automation Software Leader Recognized for Commitment to Change, Successful Implementation of New Content Marketing and Operations Strategy to Better Enable Sales BlackLine, Inc.  was honored yesterday as ‘Change Enablement Champion’ by Kapost (a leading B2B content marketing solution provider) at its 2019 Kapost Customer Awards.  In being named 2019......
Banking Fintech Funding News

InfraRisk Expands Auto Financing Cooperation with Toyota Finance, Taurus Motor Finance

Fintech News Desk
InfraRisk Pty Ltd. , a leading supplier of credit management solutions in Australia, announced it has expanded cooperation in auto financing with Toyota Financial Services to Germany and Austria to facilitate its credit process when lending to dealerships and large fleet customers. Toyota Financial Services is a wholly owned subsidiary of the world’s......
Banking News

Phoenix Finance wins the Asian Banker’s “Digital Wealth Management Service of the Year in China” Award

Fintech News Desk
The Wealth and Society Summit 2019 hosted by the Asian Banker was held in Shanghai on December 6th. Chairman of the Asian Banker Mr. Emmanuel Daniel, managing director of Rockefeller Capital Management Mr. Guy Dietrich, professor of Shanghai Advanced Institute of Finance Mr. Wu Fei and other experts and academics attended this summit. Phoenix Finance is a......
1