Category : Banking

Banking Fintech Fintech Funding News

Thought Machine Announces $125m Series B Funding Round – Driving Continued International and APAC Expansion

Fintech News Desk
by Fintech News Desk0
Thought Machine, the cloud native core banking technology firm, with its APAC headquarters in Singapore, marks its entrance into the Asia Pacific market by announcing the signing of an additional $42m in funding for its series B round. This round extension will close in early August and is led by......
Banking Business Fintech News

ACI Worldwide and Arvato Financial Solutions Partner to Combat eCommerce Fraud

Fintech News Desk
by Fintech News Desk0
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced a strategic partnership with Arvato Financial Solutions to combat the rising levels of eCommerce fraud during the Covid-19 crisis. Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies @ACI_Worldwide and Arvato Financial Solutions partner to......
Banking Economy Fintech News

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
Banking Blockchain Fintech News

Avalanche Integrates with Torus to Enable Seamless Building of DeFi Apps

Fintech News Desk
by Fintech News Desk0
DirectAuth to Streamline Setup Process for the Avalanche Wallet with One-Click Google Logins The team behind Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has announced its integration with DirectAuth by Torus, to provide users with one-click Google logins to the Avalanche wallet. The DirectAuth integration enables users......
Artificial Intelligence Banking Blockchain Fintech News

SilverCloud’s Banking Chatbot Surpasses 260,000 Consumer Requests During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Demand for self-service options surges in response to Coronavirus restrictions, financial institutions report 50 percent increase in overall chatbot usage SilverCloud, Inc.,  the only support solution built exclusively for the financial services industry, today announced record usage and increased demand for its artificial intelligence (AI) powered banking chatbot solution, successfully fulfilling more......
Banking News

Northern Trust Pension Universe Data: Canadian Pension Plans Benefit From Sharp Rebound in Global Equities During Second Quarter 2020

Fintech News Desk
by Fintech News Desk0
Strong equity performance in the second quarter of 2020 helped Canadian defined benefit plans recover most of the investment losses experienced during the initial days of the Covid-19 pandemic, according to the Northern Trust Canada Universe. Major equity markets responded favorably as economies reopened and stimulus packages gained traction, concluding......
Banking Blockchain Fintech News

Telos Blockchain Increases Staking Rewards and Development Funding

Fintech News Desk
by Fintech News Desk0
Telos stakeholders approve Telos Economic Development Plan 2.0, supporting core developers and the network’s increased adoption Telos (www.telos.net), one of the most active blockchain platforms in the world according to Blocktivity and CryptoDiffer, today announced it has increased its staking rewards and funding for development. Stakeholders voted to approve these......
Banking Fintech News

Waddell & Reed Financial Expands Financial Literacy Program Partnership with Rock The Street, Wall Street

Fintech News Desk
by Fintech News Desk0
Waddell & Reed Financial, Inc. (NYSE: WDR) today announced that it has expanded its partnership with Rock The Street Wall Street (RTSWS) to include a high school in the Kansas City Public Schools district. As Waddell & Reed Financial continues to broaden its outreach, education and diversity & inclusion initiatives, Lincoln College......
Banking Fintech Mobile Banking News

The New Deadline for EMV Liability Shift Is an Opportunity to Upgrade to Better Payment Connectivity Solutions, According to TNS

Fintech News Desk
by Fintech News Desk0
With all card schemes on board with the new April 2021 deadline for EMV compliance, fuel and convenience retailers can get more out of their automated fuel dispenser (AFD) equipment upgrade projects by adding on the most modern payments technology, according to Transaction Network Services (TNS). Read More: Entrust Datacard Solves Evolving Identity......
Banking Fintech Mobile Banking News

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) won the “Asia’s Best Digital Bank” award in Euromoney’s Awards for Excellence 2020. Ping An Bank is China’s first bank to receive this award. Previous......
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