JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm’s recently announced $30 billion commitment to advancing racial equity. MDIs and CDFIs provide vital financial services in communities that are often underserved. In order to provide this necessary funding......
Rows.com (previously dashdash), the next generation spreadsheet for developing business tools, announces it has raised a $16 million Series B led by Lakestar. Also participating in the round are previous investors Accel and Cherry Ventures, as well as new angel investor Christian Reber, CEO of Pitch, who joins the Advisory......
Widening gap emerges between Leaders and Non-leaders Leading firms to allocate nearly 20% of global IT budgets to next-generation technologies by 2023 Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital,......
PQS, the gold standard in performance management services for payers and pharmacies, today announced that it has chosen Nancy Chung as Chief Operating Officer, effective March 1, 2021. She will lead PQS’ business operations and support execution of the company’s strategic vision. Most recently, Chung was the Vice President of......
Tweeq, a Saudi fintech which aims to provide a feature-rich spending account for individuals and SMEs, has signed exclusive partnership agreements with Mastercard, the leading technology company in the global payments industry and Paymentology, a leading digital commerce service and payment solution provider. The partnerships will ensure a first-class customer......
VTB is implementing a new model based on AI to prevent fraudulent card transactions: a machine learning algorithm trained on more than 10,000 parameters detects 1.5 times more attempts by attackers to commit fraudulent transactions compared to previous operating systems. The model, developed by VTB’s internal AI specialists, analyses the......
Marqeta, the global modern card issuing platform, announced its expansion into the consumer credit card market to support innovative businesses that want to launch modern credit card programs. Already a leader in prepaid and debit card issuing, Marqeta’s credit card issuing platform completes its feature set, allowing it to power......