Search Results for: digital age

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank
Capital Markets Fintech Fintech Funding InsurTech Investment Services Mobile Banking News

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Fintech News Desk
Mobile banking company Varo Money, announced it has closed a $241 million USD Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singer Bono and Jeff Skoll, a global entrepreneur, impact investor and movie producer. Other new investors joining the round include......
ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking
Artificial Intelligence Banking Big Data Fintech News

ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking

Fintech News Desk
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking. The system will analyze SWIFT traffic, risk indicators and Know Your Customer (KYC) data to detect anomalies indicating money laundering schemes in correspondent......
Technisys Committed to Supporting the ABA's Principles for Strong Bank-Core Provider Relationships
Banking Fintech News

Technisys Committed to Supporting the ABA’s Principles for Strong Bank-Core Provider Relationships

Fintech News Desk
Company believes ABA Principles offer reasonable standards under which a bank’s relationship with its core provider, and its customer base, can thrive Technisys, the digital banking technology company that empowers traditional banks to transform to digital and helps jump-start challenger, neo banks and fintech companies, announced that it will embrace......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Business Capital Markets Fintech Investment Services News

Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion

Fintech News Desk
Appway, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions, today announced a $37 million minority investment from global growth equity firm Summit Partners. This partnership represents Appway’s first external capital raise and will help the company to further......
AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding
Fintech News

Propeller INC. Announces Launch of Sought-After Automated Surety Bond Platform, Hires Industry Veteran to Lead Operations

Fintech News Desk
Propeller Inc. has launched their automated surety bond platform for agents and brokers on June 2nd, 2020, which removes paper-intensive processes, delivering a low-touch way for agents to sell surety amidst the coronavirus pandemic. Read More: Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit Aaron Steffey,......
Prime Trust and Strike Protocols Partner to Enable Connectivity and Clearing Directly from Custody
Business Fintech News Trading

Prime Trust and Strike Protocols Partner to Enable Connectivity and Clearing Directly from Custody

Fintech News Desk
Prime Trust, the innovative API-enabled financial solution provider and digital asset custodian announced its partnership with Strike Protocols, a New York-based provider of connectivity, clearing, and settlement services. Through this partnership, Prime Trust will enable its customers to connect and consolidate their trading and custody accounts using the Strike Network. The Strike......
InterWork Alliance Launches to Standardize Token-Powered Ecosystems Worldwide
Blockchain Fintech News

InterWork Alliance Launches to Standardize Token-Powered Ecosystems Worldwide

Fintech News Desk
Platform-Neutral Organization Empowers Businesses to Standardize the Interchange of Tokenized Value Across Use Cases and Networks The InterWork Alliance (IWA) formally launched operations as a platform-neutral, non-profit organization dedicated to creating the standards frameworks needed to increase innovation across token-enabled ecosystems. Distributed applications have the potential to disrupt global economics, but......
ForwardLane Makes AI Wealthtech Accessible to RIAs and Broker-Dealers with Bridge Financial Technology Partnership
Capital Markets Fintech News Trading

VirgoX Lists Canadian Dollar Stablecoin QCAD, Aiming to Establish a World Stablecoin Trading Center

Fintech News Desk
VirgoX announced that it will be partnering with Toronto based firm Canada Stablecorp to list QCAD, the first major Canadian dollar stablecoin on their exchange. Starting today QCAD will be available to buy, sell and trade on the VirgoX exchange platform. Initially, VirgoX will be offering QCAD as a trading pair to USDT......
ASSAR Selects Beyontec to Implement Platform Ecosystems for Rwanda Insurance Industry
Business Fintech InsurTech News

ASSAR Selects Beyontec to Implement Platform Ecosystems for Rwanda Insurance Industry

Fintech News Desk
Beyontec, a leading global provider of insurance technology solutions, announced today that it had been selected by the Insurance Association of Rwanda (ASSAR) to implement a digital ecosystem of different platform solutions for the insurance industry in Rwanda. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec......
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