Search Results for: Financial institution

Remitly Announces $85 Million Round as Digital Remittances Surge Globally
Fintech Fintech Funding Investment Services News

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Fintech News Desk
by Fintech News Desk0
Prosus’s PayU Leads Round at $1.5B Valuation(Remitly ) Remitly, the mobile-first provider of remittances and financial services for immigrants, announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable Remitly to......
Accenture Federal Services Wins $328 Million Contract to Help VA Modernize and Improve the Veteran Home Loan Experience
Fintech News

Accenture Federal Services Wins $328 Million Contract to Help VA Modernize and Improve the Veteran Home Loan Experience

Fintech News Desk
by Fintech News Desk0
Accenture Federal Services (AFS), a subsidiary of Accenture, has been awarded a contract to support operations, security, and modernization of the technology applications of the U.S. Department of Veterans Affairs (VA) Loan Guaranty Service (LGY) and to transform the VA home loan program for veterans by building more tailored solutions......
Business Fintech News

FACTS Partners With Global Payments Provider MTFX by Way of PayMyTuition

Fintech News Desk
by Fintech News Desk0
FACTS, a division of Nelnet, (NYSE: NNI), will be enhancing international tuition payment options for K-12 schools within its platform as part of a new partnership with MTFX Group’s innovative international payments solution for education, PayMyTuition. Read More: GlobalFintechSeries Interview with Brandon Dewitt, Co-founder and CTO at MX “FACTS has linked to......
TASE Data Hub: The Tel-Aviv Stock Exchange is Launching a Data System that Allows, for the First Time, Direct, Immediate and Seamless Access to TASE Market Data
Banking Fintech News

Starting on November 2, 2020 and For the First Time – The Tel Aviv Stock Exchange Launches a Central Blockchain Securities Lending Platform

Fintech News Desk
by Fintech News Desk0
The Tel-Aviv Stock Exchange (TASE: TASE) announces the first-ever launch in Israel of a Central Blockchain Securities Lending Platform, an innovative and groundbreaking financial technology. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions There is currently no central securities lending platform in the Israeli market. Securities......
News

TradeZero America Announces Key Milestones For The First Half Of 2020

Fintech News Desk
by Fintech News Desk0
TradeZero America, a Brooklyn, New York-based online broker dealer that provides commission-free stock and options trading, announced that the company had achieved significant milestones in the first six months of 2020. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant “Our trading volume has skyrocketed in the......
News Risk Management

Ivalua Cited as a ‘Leader’ in Supplier Risk and Performance Management by Independent Research Firm

Fintech News Desk
by Fintech News Desk0
Ivalua, a global leader in cloud Spend Management solutions, today announced that it has been recognized as a Leader by Forrester Research Inc. in “The Forrester Wave™: Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” The report evaluated the 10 SRPM vendors Forrester believed to be relevant to the largest......
Bank of Baroda’s Credit Card Arm Readies for Digital Transformation with Implementation of Fiserv Technology
Banking Fintech News

Bank of Baroda’s Credit Card Arm Readies for Digital Transformation with Implementation of Fiserv Technology

Fintech News Desk
by Fintech News Desk0
Flexible, scalable solution accelerates digital transformation of card issuing and processing BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda, has chosen Fiserv, a leading global provider of payments and financial services technology solutions, to enable the digitization of their end-to-end card issuance and processing cycle and......
Capital Markets Fintech Investment Services News

Gemspring Capital Makes Strategic Investment in Cforia Software

Fintech News Desk
by Fintech News Desk0
Gemspring Capital, a middle-market private equity firm, is pleased to announce its acquisition of Cforia Software, LLC (“Cforia”), a leading provider of order-to-cash (OTC) automation software. Read More: GlobalFintechSeries Interview with Michael Higgins, Chief Executive Officer at Velox Clearing Based in Westlake Village, CA, Cforia’s OTC automation software platform improves collections......
Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle
Fintech News

Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle

Fintech News Desk
by Fintech News Desk0
The global fintech market is expanding rapidly and expected to reach $460 billion by 2025[1], yet total fraud losses have reached a staggering $42 billion worldwide in the past two years alone[2] – cash taken straight from businesses’ bottom-line. This has been exacerbated by the pandemic, which while accelerating e-commerce and the growth of digital......
CFO Research Identifies That 72% of Finance Organizations Spend as Much as 520 Hours Per Year on Manual Accounts Payable Tasks
Fintech News Risk Management

CFO Research Identifies That 72% of Finance Organizations Spend as Much as 520 Hours Per Year on Manual Accounts Payable Tasks

Fintech News Desk
by Fintech News Desk0
Censuswide, the global insight-driven research company, and Tipalti, the leading global payables automation platform, announced findings from a survey of over 250 CFOs at medium-to-large enterprises regarding the current state of automation in their finance departments amid the COVID-19 pandemic. The survey also examines how organizations plan to take advantage of......
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