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Finastra research reveals that Open Banking is now universally and unequivocally regarded as a key part of a bank’s landscape, with 99% of respondents considering it either a ‘must have’ or ‘important’, up from 94% last year. The proportion of global financial institutions that consider it a ‘must have’ has risen to 61%, a notable increase from 2021 (51%).
Fintel Connect, a performance marketing intelligence solution that drives scalable growth for the financial industry, has raised seed funding. The funding round was led by strategic investment firm BankTech Ventures (BTV) in the US and supported by Canada’s export credit agency Export Development Canada (EDC).
InvoiceCloud, an EngageSmart solution for online bill payment services, released its State of Online Payments report, showcasing what we believe are vital insights into customer payment preferences, payment trends, and general behaviors around digital payments.
Tenerity, a global loyalty and engagement company, announced that its Connect platform will power the new and improved Santander Boosts program.
Bitwave, the first enterprise-focused digital asset finance platform designed to manage the intersection of cryptocurrency tax, accounting, and compliance, announced that it has closed a $15 million Series A funding round led by Hack VC and Blockchain Capital, with participation by SignalFire, Valor Equity Partners, Arca, Pulsar Trading, and Alumni Ventures Blockchain Fund.