Banking Fintech

Daily FTS Roundup: The 5 Coolest Things on Earth Today

Daily FTS Roundup: The 5 Coolest Things on Earth Today

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Finance, Fintech, Blockchain, Digital Payments, and Banking. We will cover the role of FTS Daily Roundup and its application in various industries and daily lives.

Juniper Research: eCommerce Losses to Online Payment Fraud to Exceed $20 Billion Annually in 2021

Online Payment Fraud is costing billions to e-commerce businesses. According to a new study from Juniper Research, the value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year! China is the biggest target for Online Payment Fraud perpetrators.

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

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 is led by Vista Equity Partners (“Vista”), a leading global investment firm that exclusively invests in enterprise software, data and technology-enabled businesses. Vena will use the funds to accelerate growth and continue to provide a market-leading customer experience.

Merchants Can Offer More Touch-free Ways to Pay as Fiserv Brings PayPal and Venmo QR Code Payments to the Point of Sale

Fiserv, Inc., a leading global provider of payments and financial services technology solutions, is enabling businesses of all sizes across a range of industries to support in-demand digital payment options and expand their touch-free payment capabilities via a new relationship with PayPal.

Despite Digital Acceleration, Banks Still Lack Ability to Achieve Peak Productivity from Technology Investments, Accenture Report Finds

A new report by Accenture found banks must extend and scale digital technologies across operations to achieve future-readiness while facing rising consumer expectations and regulatory requirements.

Deluxe to Acquire First American Payment Systems for $960 Million All-cash Deal

Deluxe, a Trusted Business Technology™ company, announced an agreement to acquire First American Payment Systems (“First American”) for $960 million in cash, subject to customary adjustments. This transaction is expected to accelerate the company’s transformation into a leading payments technology company as part of its One Deluxe strategy.

Related posts

Finn AI, an AI-powered Chatbot Platform for Banks Finds Financial Contact Centers Overburdened by “Routine” Tasks

Fintech News Desk

Top 10 Accounting Software Best Suited for B2B Companies

Fintech News Desk

Brian Gunn Named Chief Risk Officer for MUFG Americas Holdings Corporation and MUFG Union Bank, N.A.

Fintech News Desk
1