Category : Finance

Finance Fintech Investments News

Socure Increases Approval Rates and Slashes False Positives for Capital One US Card Team as Capital One Ventures Completes Strategic Investment in Company

Fintech News Desk
by Fintech News Desk0
Socure, the leading platform for digital identity trust, announced that it has received a strategic investment from Capital One Ventures, the venture arm of McLean, Virginia-based Capital One Financial Corporation. This latest investment comes on the heels of Socure’s $100m Series D raise led by Accel in March, which catapulted the company to unicorn status.......
Digital Payments Finance Fintech News

Global Payments and Banco Carrefour Sign New Multi-Year Payments Agreement

Fintech News Desk
by Fintech News Desk0
Global Payments Inc. a leading worldwide provider of payment technology and software solutions, announced that TSYS, its Issuer Solutions business, has signed a multi-year agreement with Banco Carrefour in Brazil. Banco Carrefour is the financial services arm of Carrefour Brasil, the country’s leading supercenter retail chain. “We look forward to......
Digital Finance News

HighRadius Recognized in the 2021 Gartner ‘Market Guide for Integrated Invoice-to-Cash Applications’ Report

Fintech News Desk
by Fintech News Desk0
“By 2023, embedded AI within integrated I2C applications will automate over 50% of decision making within I2C processes.” HighRadius, the Artificial Intelligence-powered Order-to-Cash and Treasury Management software leader, announced that its Integrated Receivables platform capabilities are identified in the recent Gartner report. According to the report, “Integrated invoice-to-cash applications enable organizations......
Digital Finance Fintech News

Officially Licensed Olympic NFT Pins Announced

Fintech News Desk
by Fintech News Desk0
First set available on nWayPlay.com starting on 17 June Olympic-themed videogame to be launched later in 2021 The International Olympic Committee (IOC) and nWay, a subsidiary of Animoca Brands, today announced the upcoming launch of a new Olympic-themed digital entertainment experience consisting of non-fungible token (NFT) Olympic pins and crossplay......
Finance Fintech News

Informa Financial Intelligence Unifies FBX Business with Novantas, Inc., Enabling Financial Institutions to Make More Profitable, Data-Driven Decisions Faster

Fintech News Desk
by Fintech News Desk0
Informa Financial Intelligence, a leading provider of solutions for financial services professionals, today announced the completion of an agreement to combine its FBX business with Novantas, Inc., a preeminent fintech provider of advanced decision support systems and data to the banking industry, following U.S. regulatory approval. The business is established to......
Finance Investments News

Phoenix American Financial Services Announces Client Partnership with Crowdfunding Real Estate Fund Sponsor Modiv

Fintech News Desk
by Fintech News Desk0
Partnership Reflects Phoenix American Expertise with Straight-Through Processing for Online Investment Platforms Phoenix American, a leading fund administration provider, is pleased to announce its client partnership with Modiv Inc. Phoenix is supporting Modiv with its advanced transfer agent system, STAR-XMS, and industry-leading investor services platform with customizations to accommodate Modiv’s innovative crowdfunding approach to product distribution.......
Finance Fintech Investments News

Yieldstreet Announces $100 Million in Series C to Usher In New Era of Investing

Fintech News Desk
by Fintech News Desk0
Funding to Drive Company’s Next Phase of Investor Growth, Innovative Investment Products and International Expansion Yieldstreet, a leading digital investing platform driven to help millions of people claim financial independence by unlocking access to previously unattainable alternative investments, announced its $100 million Series C funding round. “Milind and Michael have......
Finance Fintech News Risk Management

Futu Sustains Leading Position by Obtaining “BBB” Credit Rating from S&P, Becoming First Online Brokerage in APAC with International Rating

Fintech News Desk
by Fintech News Desk0
Futu Holdings Limited, a leading tech-driven online brokerage and wealth management platform, is pleased to announce that it has obtained a “bbb” GCP (group credit profile) and a “BBB” investment grade long-term issuer credit rating from S&P Global Ratings (“S&P”). The outlook on the long-term rating is stable. S&P expects......
Finance Fintech Risk Management

Ola Continues Top Talent Hiring, Expands Leadership Team With Appointment of New CFOs

Fintech News Desk
by Fintech News Desk0
G. R. Arun Kumar as Group CFO, Ola, and CFO, Ola Electric Swayam Saurabh as CFO for Ola’s Mobility, Financial Services and Foods businesses Ola, one of the world’s leading mobility companies, announced expansion of its leadership team with the appointment of two Chief Financial Officers. G. R. Arun Kumar joins......
Finance Fintech Investments News

PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. announced it will deposit $135 million of its capital into mission-driven financial institutions and management funds that help underserved communities of color to fight barriers to economic equity, including Hope Credit Union,  OneUnited Bank, Self-Help Federal Credit Union, CNote’s Wisdom Fund and various smaller institutions through a CNote Promise Account. These investments are part of PayPal’s $535 million commitment to strengthen Black businesses and underserved communities, and help drive......
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