Search Results for: traditional banking

Current Triples Valuation to $2.2 Billion; Raises $220 Million in Series D Funding
Banking Fintech Mobile Banking News

Current Triples Valuation to $2.2 Billion; Raises $220 Million in Series D Funding

Fintech News Desk
by Fintech News Desk0
New investor Andreessen Horowitz leads round after record year of growth for financial technology company Current, a leading U.S. financial technology company serving Americans who are working to create a better future for themselves, announced today it has raised $220 million in Series D funding and tripled its valuation to $2.2 billion in just......
Government Blockchain Association (GBA) Announces the First Release of "The Impact of Cryptocurrency Adoption on Government"
Cryptocurrency Featured Fintech News

GBA’s “The Impact of Cryptocurrency Adoption on Government” Study Released

Sudipto Ghosh
by Sudipto Ghosh0
The rise of cryptocurrency is there for everyone to see and analyze. The year 2021 is seen to be the start of an exciting phase for ‘enterprise blockchain’ development. According to Gartner, blockchain innovations would climb out of the ‘trough of disillusionment’ in 2021. Bitcoin, Dogecoin and other cryptocurrencies are......
Buy Now Pay Later & ePOS Credit Spend to Exceed $760 Billion in 2025, as the Installment Market Booms: Kaleido Intelligence
Digital Fintech News Risk Management

Buy Now Pay Later & ePOS Credit Spend to Exceed $760 Billion in 2025, Says Kaleido Intelligence

Fintech News Desk
by Fintech News Desk0
KLARNA, AFTERPAY AND AFFIRM LEAD THE BNPL MARKET VIA HIGH-RISK USER ONBOARDING AND RAPID MERCHANT EXPANSION According to Kaleido’s new report, Buy Now Pay Later & ePOS Finance Strategies & Forecasts, BNPL has witnessed significant growth in recent years, with transaction value having grown by 292% between 2018 and 2020. Klarna,......
Deluxe to Acquire First American Payment Systems for $960 Million All-cash Deal
Digital Payments Mobile Banking News

Deluxe to Acquire First American Payment Systems for $960 Million All-cash Deal

Fintech News Desk
by Fintech News Desk0
All cash transaction of $960 million, representing major milestone in the company’s One Deluxe. transformation and largest transaction in company’s 106-year history. Doubles company’s Payments segment revenue while maintaining healthy margins and accelerating overall company growth through product innovation, cross-sell, and future acquisitions. Pro forma annual recurring revenue of more......
Wayflyer and Adobe Announce Merchant Finance Solution to Propel eCommerce Industry
Finance Fintech News

Wayflyer and Adobe Announce Merchant Finance Solution to Propel eCommerce Industry

Fintech News Desk
by Fintech News Desk0
         Through the partnership, Wayflyer will offer tailored financial solutions to Adobe merchants, helping to solve critical working capital issues         The partnership aims to fund 8000 eCommerce businesses in its first year of operation         Partnership set to supercharge Wayflyer’s growth – which has seen it fund over 300......
Global Paytech Ventures (GPT) Invests In Cardlay -The First Cloud-based Platform To Integrate Instant Card Issuance And Automated Expense Management Into A Single Digitized Platform
Business Cloud Digital Payments News

Global Paytech Ventures (GPT) Invests In Cardlay -The First Cloud-based Platform To Integrate Instant Card Issuance And Automated Expense Management Into A Single Digitized Platform

Fintech News Desk
by Fintech News Desk0
Copenhagen-based Cardlay offers a first-of-its-kind turnkey platform with digital services and go-to-market program designed for financial services providers, banks and corporations. Global PayTech Ventures (GPT) announced its recent investment in Cardlay whose cloud-native platform is the first all-in-one payment platform and API to connect critical components of the payments value......
Insurance Fraud Bureau Signs 'Landmark Partnership' With Shift Technology To Build Fraud Detection System For UK Insurance Industry
InsurTech News

Insurance Fraud Bureau Signs ‘Landmark Partnership’ With Shift Technology To Build Fraud Detection System For UK Insurance Industry

Fintech News Desk
by Fintech News Desk0
– IFB’s new system will launch in early 2022 and will use Artificial Intelligence (AI). – With technology and fraud evolving faster than ever, the IFB and Shift’s partnership is set to be a game-changer in helping to detect and prevent organised insurance fraud The Insurance Fraud Bureau (IFB) has......
deVere
Fintech News

Fintech App Usage Up 61% Year-on-Year: deVere

Fintech News Desk
by Fintech News Desk0
The use of fintech apps has increased more than 61% since the pandemic started last year, reveals deVere Group, one of the world’s largest independent financial advisory and fintech organisations. The jump comes as financial technology apps show further evidence that the way we manage our finances further shifted in......
ThetaRay's Industry-Leading Anti-Money Laundering (AML) Solution for Cross-Border Payments Now Cloud-Based
Analytics Cloud Fintech News

ThetaRay’s Industry-Leading Anti-Money Laundering (AML) Solution for Cross-Border Payments Now Cloud-Based

Fintech News Desk
by Fintech News Desk0
AI-Based Solution-as-a-Service Reduces Time to Value from Months to Days ThetaRay, a leading provider of AI-based Big Data analytics, announced that its AML (Anti-Money Laundering) for Cross-Border Payments solution is now available as a cloud-based service. The cloud-agnostic offering protects banks, fintechs, PSPs and payments infrastructure companies from sophisticated money......
Securrency Raises $30 Million Series B Round from WisdomTree, Abu Dhabi Catalyst Partners, State Street, US Bank, and More
Blockchain Fintech News

Securrency Raises $30 Million Series B Round from WisdomTree, Abu Dhabi Catalyst Partners, State Street, US Bank, and More

Fintech News Desk
by Fintech News Desk0
Investment round includes global financial services leaders Securrency, Inc., a leading developer of institutional-grade blockchain-based financial and regulatory technology, has announced that it has raised USD $30 million in its Series B funding round, with participation by WisdomTree Investments, Abu Dhabi Catalyst Partners Limited (ADCP), State Street, and U.S. Bank,......
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