Search Results for: transaction volume

Institutional On-Chain Finance Startup Fractal Announces $6 Million Seed Raise
Fintech Startups News

Institutional On-Chain Finance Startup Fractal Announces $6 Million Seed Raise

PR Newswire
Hack VC, 6th Man Ventures (6MV), Archetype, Blizzard and CMT Digital are among Fractal backers as it expands its institutional product suite Fractal, an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain, announced it has secured $6M in financing led by Hack VC. They are joined......
Intelligent Automation: The Banking Sector’s $2BILLION Untapped Resource
Artificial Intelligence Banking Guest Posts

Intelligent Automation: The Banking Sector’s $2BILLION Untapped Resource

Brian Halpin
Automation technology could add $2 billion in annual value to the global banking sector through revenue increases, cost reductions and unrealized opportunities. Yet the benefits of automation remain largely untapped. This is because of the significant challenges of integrating automation, which hamper digital transformation efforts, including lack of a clear implementation strategy, insufficient executive support and severely limited use of automation within corporate......
Pacific West Bank and Unit Announce Strategic Partnership
Banking News

Pacific West Bank and Unit Announce Strategic Partnership

PR Newswire
Pacific West Bank (PWB), the wholly-owned subsidiary of Pacific West Bancorp and Unit, the leading banking-as-a-service platform, announced a strategic partnership. The partnership allows companies to embed banking services, provided by PWB, into their products through Unit’s industry-leading platform. “We’re excited to partner with Pacific West Bank as they share our......
World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth
Digital Payments News

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth

Business Wire
New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in......
Haru Invest Obtains VASP Authorization for Its EU Operation From Lithuania
Digital Asset Management News

Haru Invest Obtains VASP Authorization for Its EU Operation From Lithuania

PR Newswire
CeFi investment platform, which recently led a $9M Series A investment in Canadian crypto miner, is now allowed to operate as a cryptocurrency service provider in Lithuania Haru Invest, a leading digital asset management platform, announced that Haru EU Limited UAB, its EU incorporated subsidiary, has become an authorized Virtual......
Broadridge and Apex Silver Team Up to Launch New Integrated Cost Basis and Tax Reporting Offering
Finance Fintech News

Broadridge and Apex Silver Team Up to Launch New Integrated Cost Basis and Tax Reporting Offering

PR Newswire
Leading financial technology providers join forces to offer comprehensive, one-stop solution for regulatory tax information reporting To provide the financial services industry with seamlessly integrated cost basis processing and tax information reporting, global Fintech leader, Broadridge Financial Solutions, Inc., has teamed with Apex Silver (formerly Silver Management Group of Companies), a......
Brite Payments Extends Nordic Coverage with Launch of Instant Payments and Instant Payouts
B2B Business Digital Payments News

Brite Payments Covers New Central And Eastern European Markets

Fintech Staff Writer
Brite Payments, a leader in quick bank payments and one of Sweden’s fastest-growing fintech companies, has announced increased service across Central and Eastern Europe. Brite now provides its payouts solution in Croatia, Romania, and Hungary. Brite established its immediate account-to-account (A2A) payments product on the European open banking infrastructure. With......
Reseda Group Invests $8 Millon in Cutting-Edge Fintech Companies
Fintech News

Reseda Group Invests $8 Millon in Cutting-Edge Fintech Companies

PR Newswire
Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), announced $8 million in investments to support and grow several emerging fintech companies. The investments are spread across the four companies — Nymbus, Flow Networks, Prizeout, and Larky — and are part of Reseda Group’s efforts to bring innovative technology and solutions to......
Finastra’s ESG Service Will Support Banks in Delivering a Sustainable Lending Experience to Corporate Clients
Lending News

Finastra’s ESG Service Will Support Banks in Delivering a Sustainable Lending Experience to Corporate Clients

PR Newswire
SaaS-based service will allow banks to benefit from fast deployment of a highly flexible and comprehensive sustainability-linked lending solution designed in tandem with ESG lender banks Finastra announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. Open and scalable, ESG Service facilitates the integration of......
VizyPay Amplifies Customer Experience and Ease of Use with Overhaul to VizyPOS
Analytics Digital Payments Finance News

Payments: Network International Achieved 24% Revenue Growth, 40% Profit Growth, And Solid Cashflows In 2022.

Today, Network International, the top platform for enabling digital trade in Africa and the Middle East, released its preliminary financial results for the fiscal year that ended on December 31, 2022. The company recorded overall revenue of USD 438.4 million, an increase of 24.5% over the prior year, driven primarily......
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