Category : Finance

Finance Fintech News

BANK OF AFRICA Selects Conpend TRADE AI App, via Finastra, to Digitize Trade Processes

Fintech News Desk
Conpend’s TRADE AI app will help reduce risk and speed up trade finance transactions Finastra has announced BANK OF AFRICA, a pan-African financial group, has selected Conpend’s TRADE AI app from its open innovation platform, FusionFabric.cloud. The app extends the functionality of Finastra’s Fusion Trade Innovation technology and enables users to reduce document......
Finance Fintech Investment Services Investments News

Principal Financial Group Names Claudio Muruzábal to Board of Directors

Fintech News Desk
Investor Day to be held on June 29 Principal Financial Group® announced that Claudio Muruzábal, president of SAP South Europe, Middle East, Africa and chairman of SAP Latin America & Caribbean, has been elected to the Principal® Board of Directors, effective July 1, 2021. “Best Places to Work in Money Management”......
Cryptocurrency Finance Fintech News

ShapeShift Publishes Report On Emerging Field Of Decentralized Insurance

Fintech News Desk
Analysis reviews innovative, decentralized applications that help offset the financial risk associated with decentralized finance ShapeShift, an international, non-custodial cryptocurrency leader, released a new report in their “New Frontiers” series called “Spreading the Risk: Decentralized Insurance.” Each month, more money is locked into decentralized finance (DeFi) vehicles; and while many of these......
Banking Finance Fintech News

BGL Announces Closing of Multi-Acquisition Financing for Evercast

Fintech News Desk
Brown Gibbons Lang & Company (BGL), a leading independent investment banking and financial advisory firm, is pleased to announce the closing of financing used to support two acquisitions by Evercast, a portfolio company of PNC Mezzanine Capital and Cornerstone Capital Partners. BGL’s Debt Capital Markets team served as the exclusive financial advisor......
Finance Fintech News

OpenFin Launches Workspace To Accelerate The Standardization And Openness Of The Industry

Chandni Maske
OpenFin, the operating system (OS) for enterprise productivity, today announced the launch of OpenFin Workspace, a revolutionary product that accelerates the vision of a truly open ecosystem within the financial industry. OpenFin is now used by 90% of global financial institutions and has more than 3,500 apps on 300,000 desktops. OpenFin......
Analytics Finance Fintech News

Arturo Raises $25 Million in Series B Funding For AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

Fintech News Desk
Already serving several leading property and casualty insurers globally, Arturo aims to further expand its geographic reach, while breaking into lending and other business sectors Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25 million in a Series B funding round......
Finance Fintech News

Vena Raises $300 Million in Series C Funding To Transform How Businesses Plan To Grow

Fintech News Desk
Vista Equity Partners leads the round, one of the largest in Canadian tech Vena, the Complete Planning platform loved by finance and trusted by business, today announced it has raised $300 million in Series C funding. The minority round is one of the largest for a Canadian tech company and......
Finance Fintech News

Jack Henry Enhances Gladiator Virtual Information Security Officer Service

Fintech News Desk
Offers financial institutions a SaaS-based, online platform to manage enterprise governance, risk and compliance Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, its ProfitStars® division announced the availability of its enhanced Gladiator® Virtual Information Security Officer™(vISO), which now offers a Governance,......
Finance Fintech News

NICE Real-Time Authentication Selected by VPBank to Safeguard Omnichannel Customer Interactions and Improve Experiences

Fintech News Desk
VPBank’s implementation of NICE’s voice biometrics will seamlessly secure contact center calls, reduce handle times and boost service quality NICE announced that Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has selected NICE Real-Time Authentication (RTA) to enhance call security, prevent fraud and improve customer experiences. VPBank’s adoption of NICE’s self-service authentication for its......
Blockchain Cryptocurrency Finance Fintech News

MetaverseSociety Announces MarX Project To Capture DeFi-NFT In Korea

Fintech News Desk
Blockchain technology has become the most preferred means of security; be it for trading cryptocurrencies or for online examinations conducted by universities. To expand the footprint of their company by complementing the existing ecosystem that contains businesses with blockchain technology, MetaverseSociety Corp. has announced its new MarX Project. MarX is......
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