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Tactical Solutions vs. Strategic Focus – Why a Long-Term Outlook is Essential for Digital Transformation

Sridhar Guturi
by Sridhar Guturi0
Digitization, RPA, Analytics, AI – these are some of the contemporary buzz words across industries and Banking is no exception. However, digitization of banking services such as onboarding through online and mobile banking, inclusion of RPA, AI techniques in areas like customer service have not sprung up recently, nor these......
PAAY and Bluefin Join Forces to Dramatically Advance Remote Commerce Security
Fintech Mobile Banking News

New Report by Boston Consulting Group: Retail Banks Face the Urgent Need to Retool Offerings and Strategies

Fintech News Desk
by Fintech News Desk0
As More Customers Go Digital amid the Pandemic, Banks Must Accelerate Digitization Efforts to Serve Customers Better and Realign Costs, Says a New Report by Boston Consulting Group Although retail banks globally have reacted to the COVID-19 crisis with speed, dexterity, and purpose—while remaining true to their environmental, social, and......
Melio Raises $110M, Reaches $1.3B Valuation as Small Businesses Digitize to Stay in Business
Business Economy Fintech News

Melio Raises $110M, Reaches $1.3B Valuation as Small Businesses Digitize to Stay in Business

Fintech News Desk
by Fintech News Desk0
Melio, which helps small businesses digitally manage their supplier payments, has raised a further $110 million to expand its offering across the US as the small business shift to digital solutions accelerates, rocketing to a $1.3B valuation in the process. Read More: Fidelity’s eMoney Rolls Out Financial Planning and Wellness......
NCR and Cardtronics Announce Definitive Acquisition Agreement at $39.00 Per Share
Business Fintech News

NCR and Cardtronics Announce Definitive Acquisition Agreement at $39.00 Per Share

Fintech News Desk
by Fintech News Desk0
Accelerates NCR-as-a-Service Strategy and Expands Opportunities in Payments Transaction Expected to be Accretive to NCR Earnings in First Full Year NCR Corporation, a global enterprise technology provider for the financial, retail and hospitality industries, and Cardtronics (Nasdaq: CATM), the world’s largest non-bank ATM operator and service provider, today announced that......
Citi Announces New Impact Fund Investments in Seven Companies
Fintech Fintech Funding Investment Services News

Citi Announces New Impact Fund Investments in Seven Companies

Fintech News Desk
by Fintech News Desk0
New Portfolio Companies Include Women-Owned, Black-Owned, and Veteran-Owned Businesses Citi announced today its next round of investments through the Citi Impact Fund, a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges. The new companies included in this round are Clerkie, KETOS, MedHaul, Perch, Shift, Superpedestrian, and Vyv.......
Digital Donations App TapSimple Raises £900,000
Fintech Fintech Funding Investment Services News

Digital Donations App TapSimple Raises £900,000

Fintech News Desk
by Fintech News Desk0
Feel-good fundraising platform TapSimple has raised £900,000 in an investment round as it continues to develop its technology to support charitable fundraising activity in an increasingly cashless world, taking its total fundraising to date to the £2m marks. Read More: GlobalFintechSeries Interview with Kimberly Sutherland, Vice President of Fraud &......
AssetMark Issues its 2021 Predictions for the Financial Advisory Industry
Business Fintech Investment Services News

AssetMark Issues its 2021 Predictions for the Financial Advisory Industry

Fintech News Desk
by Fintech News Desk0
AssetMark announced its 2021 outlook for the financial advisory industry. While the advisor-client dynamic has undergone a dramatic transformation in the past year, many in the industry agree the pandemic merely accelerated many of the trends that were already contributing to this shift prior to 2020. In many ways, 2021 will......
ByteDance Launches Douyin Pay, a Mobile Payment Service for China
Fintech Investment Services Mobile Banking News

ByteDance Launches Douyin Pay, a Mobile Payment Service for China

Fintech News Desk
by Fintech News Desk0
Beijing-based ByteDance launched on Tuesday its third-party payment service for the Chinese version of its hit short video app TikTok, “Douyin Pay”, as it presses to expand into the e-commerce business in China. “The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance......
Genesis launches FX Prime trade capture application
Business Fintech Investment Services News Trading

Genesis Launches FX Prime Trade Capture Application

Fintech News Desk
by Fintech News Desk0
Genesis, the global financial markets software firm, today launched FX Prime, a trade capture application developed for FX & rates trading desks with Prime Broker integration. The application has been developed in partnership with XP Investments, United States based subsidiary of the Brazilian broker-dealer XP Investimentos, the largest broker-dealer in......
Cobalt and Baton Systems Partner to Streamline Post-Trade FX Processing
Business Capital Markets Currency Exchange Fintech News

Cobalt and Baton Systems Partner to Streamline Post-Trade FX Processing

Fintech News Desk
by Fintech News Desk0
Cobalt, the foreign-exchange (FX) and digital asset infrastructure provider announced that it has entered a partnership with Baton Systems, the provider of post-trade solutions for capital markets. Under the agreement Baton’s payments infrastructure will be combined with Cobalt’s middle office platform to provide a seamless end-to-end FX settlement solution. Leveraging......
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