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Alkami Technology Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that Liberty Bank of Middletown, Connecticut has signed a long-term contract to leverage the Alkami Platform. The Connecticut-based bank holds more than $7 billion in assets and represents yet another addition to Alkami’s growing list of bank clients.
Payoneer, the global payment and commerce-enabling platform which powers growth for millions of digital businesses worldwide, announced today that it is collaborating with eBay to enable sellers in select countries to get paid for their sales on eBay’s core marketplace. eBay has teamed up with Payoneer as part of its mission to modernize its marketplace, removing complexities and creating a more streamlined payment experience for sellers around the world. With the help of Payoneer, eBay sellers will benefit from faster access to funds, greater flexibility managing multi-currency payments and expanded reach by enabling sellers to list on multiple international eBay sites.
Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has appointed Donna-Maree Vinci as a strategic advisor for Australia. Wolters Kluwer FRR counts major Australian financial institutions, as well as international banking groups active in the country, among its clients and is now scaling up operations in the country helping banks to navigate the complexities of regulatory compliance obligations.
Persona, the identity infrastructure company offering businesses the building blocks to create a personalized identity verification experience for any use case, announced today that it has secured $50 million in Series B funding led by Index Ventures with participation from existing investor Coatue. Additionally, Index Ventures’ Partner Mark Goldberg will be taking a seat on Persona’s board of directors.
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. Amazon FinSpace aggregates, catalogs, and tags data across an organization’s data silos, making the data easily searchable by the entire organization. The service includes a purpose-built managed Apache Spark analytics engine that contains over 100 data transformations commonly used in the capital markets industry to prepare data for analytics at petabyte scale. To make it easier for FSI organizations to meet their compliance requirements, Amazon FinSpace ensures that data access controls are enforced and usage is tracked at all times. Amazon FinSpace provides an easy-to-use web application that gives analysts at hedge funds, asset management firms, insurance companies, investment banks, and other FSI organizations access to the information they need and the ability to run powerful analytics on demand across all of their data. There are no upfront costs or commitments to use Amazon FinSpace, and customers only pay for the data stored, the users enabled, and the compute used to prepare and analyze data.