Search Results for: ACH payment

wefox, Germany’s Digital Insurance Unicorn, Closes $650 Million Series C
InsurTech News

wefox, Germany’s Digital Insurance Unicorn, Closes $650 Million Series C

Fintech News Desk
funding round sets a record for insurtech and values wefox at $3 Billion wefox, the Berlin-based digital insurance company has raised a record US$650 million for its Series C funding, resulting in a post-money valuation of US$3 billion. This round represents the largest Series C to date for an insurtech globally.......
Wirtek Purchases Own Shares from the Board of Directors as Part of the CoreBuild Acquisition
Digital Payments Finance Fintech News

Wirtek Purchases Own Shares from the Board of Directors as Part of the CoreBuild Acquisition

Fintech News Desk
Wirtek has signed a binding agreement to acquire the assets of the CoreBuild companies (Company announcement 06/2021). The payment for the acquisitions is to be done as a fixed payment and an earn-out payment. Both the fixed payment and the earn-out payment are subdivided into a cash-part and a share-part.......
Moody's Upgrades SeABank's Outlook to Positive from Stable
Banking News

Moody’s Upgrades SeABank’s Outlook to Positive from Stable

Fintech News Desk
Moody’s Investors Services (Moody’s) raised its outlook for Southeast Asia Commercial Joint Stock Bank’s (SeABank – Vietnam, stock code SSB) to Positive from Stable and affirmed SeABank’s long-term credit rating at B1 for the third year in a row. The positive outlook on the ratings of SeABank reflects Moody’s view that improvements in......
Dollar Mutual Bancorp Completes Merger with Standard AVB Financial Corp.
Finance Fintech News

Dollar Mutual Bancorp Completes Merger with Standard AVB Financial Corp.

Fintech News Desk
Dollar Mutual Bancorp (“Dollar”) the mutual holding company for Dollar Bank, Federal Savings Bank (“Dollar Bank”), announced today that it has successfully completed its merger with Standard AVB Financial Corp. (“Standard”), the parent company of Standard Bank (formerly Standard Bank, PaSB), effective after the close of business on May 28, 2021.......
Xcoins Receives One of the First Crypto Licenses From MFSA
Blockchain Business Cryptocurrency Currency Exchange Fintech News

Xcoins Receives One of the First Crypto Licenses From MFSA

Fintech News Desk
Pioneering cryptocurrency platform is now regulated Xcoins, a leading cryptocurrency exchange, obtained their Class 3 Virtual Financial Asset (VFA) License issued by Malta Financial Services Authority (MFSA), making them one of the first cryptocurrency exchanges to receive these permissions. As there are not many regulators in the crypto world, receiving this license......
New Web App From Celsius Expands Platform to Desktop Users
Blockchain Cryptocurrency Fintech News

New Web App From Celsius Expands Platform to Desktop Users

Fintech News Desk
Celsius launches a dynamic and innovative web-based application for its corporate and institutional industry-leading financial services Celsius, the global industry-leading cryptocurrency yield-earning platform announces the launch of its dynamic and innovative web-based application for its industry-leading financial services. Since its founding in 2017, Celsius has built its pioneering crypto earning......
Temenos Accelerates Banking Innovation for SMEs with the launch of Temenos Virtual COO at TCF Online 2021
Banking Digital Finance Fintech Mobile Banking News

Temenos Accelerates Banking Innovation for SMEs with the launch of Temenos Virtual COO at TCF Online 2021

Fintech News Desk
Based on input from 300 SME business owners to understand their challenges and needs, Temenos launches Temenos Virtual COO TCF Online 2021 is the flagship event in banking with 10,000 banking business leaders and technologists, and keynotes from PayPal, Barclays and Varo SMEs make up 95% of businesses in many......
Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?
Digital Payments Guest Posts Risk Management

Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?

Justyna Bialobrzeska
As the Covid-19 virus started to spread around the globe and a sharp economic downturn became apparent in many sectors, acquirers, and the financial institutions who maintain merchant accounts in order to accept card payments, faced a decline in the number of transactions being processed through their systems, and therefore......
UniformMarket launches new Catalog Communication Manager
Commerce News

UniformMarket Launches New Catalog Communication Manager

Fintech News Desk
Following the recent launches of a new Distributor Portal and Dealer Stores, UniformMarket is continuing their dedication to technological innovation with the launch of a new Catalog Communication Manager – a technology solution that’ll address the product data challenges shared by retailers and dealers alike in the uniform supply chain. The Catalog Communication Manager is......
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