Global Fintech Interview with Kimberly Sutherland, Vice President of Fraud & Identity Strategy at LexisNexis Risk Solutions
[To share your insights on Fintech trends and analysis, please write to us at sghosh@martechseries.com]...
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Opera Hires PayPal and WeChat Pay Veteran Allen Hu as New EVP of its Fintech Arm, Dify
Opera Limited, one of the world’s major browser providers with 380 million monthly active users globally, announced it has hired PayPal veteran Allen Hu to become new Executive Vice President (EVP) of Dify, Opera’s fintech arm. An expert in financial technology and payments, Allen Hu will lead the Dify business. He brings a......
Stripe Has Raised A New Round Of Funding To Accelerate Momentum In Europe And Reinforce Enterprise Leadership
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation. Primary investors include Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and Ireland’s National Treasury Management Agency (NTMA). The company will use the capital......
Autobooks Raises $25 Million in Series B Funding
Autobooks, the small business payment and accounting services platform, announced that they have raised $25 million in Series B financing, led by MissionOG. The round also includes participation from other investors including Renaissance Venture Capital, Detroit Venture Partners and Draper Triangle, along with TD Bank Group. “The ability to receive payments online is vital for today’s small......
MK Decision Partners with First Bank of Alabama for Credit Card Origination System
Bank sees 200 percent growth in application volume and cuts underwriting time in half MK Decision (MK), a FinTech provider of digital account opening and loan origination, partnered with First Bank of Alabama, a $719 million-asset community bank in Alabama, to transform their institution’s credit card program from paper applications to digital customer onboarding. After......
Envision Bank Enters Agreement to Outsource Mortgage Servicing to Dovenmuehle
Partnership Pledges Omni-Channel Convenience and Stellar Customer Care Envision Bank announced that it has signed a contract with Dovenmuehle Mortgage, Inc. (“Dovenmuehle”), one of the largest private label mortgage subservicing companies in the U.S., to support and manage its mortgage subservicing business, including customer service, payment processing, escrow administration, payoffs......
ESET Survey Finds Americans Use Digital Banking and Fintech Apps More Often, Cryptocurrency Use on the Rise Since Start of Pandemic
Majority of respondents feel secure when using financial apps or online platforms, but many still use public Wi-fi while doing financial transactions online As the GameStop stock-buying frenzy recently showed, financial transactions can now be easily conducted through a quick tap on an app. And as the COVID-19 pandemic has......
Wirex Launches Revolutionary Mastercard Debit Card and New Rewards Programme
Leading digital payment platform, Wirex, has launched its hotly-anticipated multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards programme, X-tras, across the globe. After reaching 75,000 people on the waitlist for the new card, these new features will help to make crypto more accessible......
CashtoCode Announces New Leadership Team and Record Growth Figures
Thousands turning to cash payment options during pandemic CashtoCode, the instant cash payment service for online merchants, announced its new leadership team following a hugely successful 12 months. iGaming is a key market for CashtoCode and by offering operators access to a new market sector of customers who prefer cash......
Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking
NCR Corporation, a global enterprise technology provider for the financial industry, announced that $6.2 billion-asset Redstone Federal Credit Union has selected NCR to provide a more seamless, comprehensive business banking experience for its members. “Leveraging business and consumer banking on a single platform creates efficiencies for the institution as well......