Category : Fintech

DeFi Fintech News

Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States

Business Wire
by Business Wire0
Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch of Abra’s new Digital Asset......
Artificial Intelligence Featured Finance Fintech Investments Machine Learning

Fintech Myths around AI and How AI Is Used To Predict Market Movements

Rishika Patel
by Rishika Patel0
According to Forbes, business investments in AI are projected to reach nearly $200 billion globally by 2025, and by 2030, AI could contribute an astounding $15.7 trillion to the global economy. In the financial sector alone, AI spending is expected to more than double, reaching $97 billion by 2027. One......
Fintech News Security

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

GlobeNewswire
by GlobeNewswire0
Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets Darwinium, a leader in next-generation digital security and fraud prevention, announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership......
Finance Fintech News

Functional Finance Secures $20M Series A Funding Led by Walkabout Ventures

GlobeNewswire
by GlobeNewswire0
Funding to fuel platform expansion and strategic hiring as premium payment volume surges 2,500% YOY. Functional Finance, a software platform revolutionizing financial operations (FinOps) for managing general agents (MGAs), insurance companies, and wholesalers is pleased to announce the closing of a successful $20 million Series A funding round led by Walkabout......
Digital Payments Fintech News

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

Business Wire
by Business Wire0
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. “This collaboration with Mastercard unlocks new opportunities for M-PESA merchants, aligning with our mission......
B2B Finance Fintech News

Zil Money Offers Check Mail API, Providing Affordable Solutions for Businesses

EIN Presswire
by EIN Presswire0
Zil Money, a leading B2B payment platform, introduces its Check Mail API service tailored for all types of businesses. This service offers a cost-effective solution to the financial challenges that many businesses face with traditional payment methods. The Check Mail API allows businesses to streamline their payment processes by offering various mailing options. Zil......
Finance Fintech News

Lucinity Partners with Sift for Unified Fraud and AML Case Management

PR Newswire
by PR Newswire0
Lucinity and Sift have announced a partnership, unifying fraud and Anti-Money Laundering (AML) into Lucinity’s integrated FinCrime compliance platform for case management, agent-enabled workflow automation, and Generative AI. Sift is an AI-powered fraud platform securing digital trust for leading global businesses. Its Global Data Network analyzes more than 1 trillion events and identity signals per year to......
Fintech InsurTech News

CertifID Announces Expansion of Insurance to Address Escalating Risk of Wire Fraud

Business Wire
by Business Wire0
The company has doubled its maximum coverage tier to $2 million per verified transaction to meet rising business demand and housing values CertifID, a leader in wire fraud protection, announced up to $2 million in direct, first-party insurance coverage on every wire transfer that is verified by the company. Thursday’s......
Finance Fintech News

Annual Trintech Connect Events Bring Together Global Customers and Partners to Accelerate Finance Transformation Initiatives

PR Newswire
by PR Newswire0
AON, Bertel O Steen, Capital One, Chick-fil-A, Danish Crown, Fidelity, Haleon, HP, and Whole Foods among Trintech customer presenters Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, kicks off its annual Trintech Connect events this week designed to bring together Trintech’s global customers and partners......
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