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Mambu Raises €110 Million in Funding Round Led by TCV
Banking Fintech Fintech Funding News

Mambu Raises €110 Million in Funding Round Led by TCV

Fintech News Desk
by Fintech News Desk0
Mambu, the market-leading SaaS banking platform, today announced its latest funding round of €110 million ($134 million USD) in new capital. This round was led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Additional investment was received by Tiger Global and Arena Holdings, as well as existing investors......
Accounts Payable Departments Lag in AI Automation, New Ephesoft Survey Finds
Artificial Intelligence Business Fintech News

Accounts Payable Departments Lag in AI Automation, New Ephesoft Survey Finds

Fintech News Desk
by Fintech News Desk0
Only 15% of accounting departments are fully paperless; two-thirds still process invoices manually. Despite the increasing need to process invoices remotely as more employees are urged to work from home, the majority of companies still lag behind in automation implementation with accounts payable departments still largely processing invoices manually, according......
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Artificial Intelligence Business Fintech News

PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey Join Forces On New Asset Management Operating Platform

Fintech News Desk
by Fintech News Desk0
PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company today announced the intention to form a new technology-led company, HUB, to build a cloud-based operating platform aimed at transforming asset managers’ operations technology. The company selected Microsoft as its technology platform provider to empower HUB to develop......
FortisPay acquires Swype at Work
Business Fintech News

FortisPay Acquires Swype at Work

Fintech News Desk
by Fintech News Desk0
Fortis Payment Systems, LLC (FortisPay), the leader in payment technologies to businesses and developers, today announced it has acquired Swype at Work (Swype) and entered into a long-term strategic partnership with Net at Work, an affiliate company of Swype. Read More: London-based Online Money Transfer Service – TransferWise Prepares for......
Finastra signs Bank of Prairie du Sac
Banking Fintech Investment Services News

Finastra signs Bank of Prairie du Sac

Fintech News Desk
by Fintech News Desk0
Finastra announced that Bank of Prairie du Sac, a community bank outside of Madison, WI, will upgrade its core operating system to Fusion Phoenix to future-proof its technology. The open, modern core built on Microsoft technology, cloud delivery, and seamless integration with other technologies provided by Finastra, will improve the......
Bank-of-Prairie-du-Sac-selects-Finastra's-Fusion-Phoenix-core-to-improve-customer-experience-and-support-growth-strategy
Artificial Intelligence Fintech Investment Services Mobile Banking News

Bank of Prairie du Sac selects Finastra’s Fusion Phoenix Core To Improve Customer Experience And Support Growth Strategy

Fintech News Desk
by Fintech News Desk0
Finastra today announced that Bank of Prairie du Sac, a community bank outside of Madison, WI, will upgrade its core operating system to Fusion Phoenix to future-proof its technology. The open, modern core built on Microsoft technology, cloud delivery, and seamless integration with other technologies provided by Finastra, will improve......
Tesorio Raises $17 Million Series B to Change the Way B2B Businesses Manage Accounts Receivables
Fintech News

Tesorio Leads The Way In Emerging Cash Flow Performance Space

Fintech News Desk
by Fintech News Desk0
Tesorio earns the top spot across multiple criteria on G2, recognized as a Major Player by IDC, and achieves a net promoter score far exceeding the SaaS industry average. Tesorio today announced several key achievements that position the company as the clear favorite in the mid-market Accounts Receivable Automation space. On G2 Tesorio has......
Mark-Woodhams-Promoted-To-Chief-Revenue-Officer
Artificial Intelligence Business Fintech News

Mark Woodhams Promoted To Chief Revenue Officer

Fintech News Desk
by Fintech News Desk0
Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) announced today that Mark Woodhams has been promoted to chief revenue officer (CRO) effective Jan. 1, 2021. Mr. Woodhams joined BlackLine in 2018 and most recently held the title of senior vice president of global sales. As CRO, he will continue to......
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Fintech Investment Services Mobile Banking News

XTM and KABN North America Unveil New Challenger Banking Program For Verified Self Sovereign Identity Users

Fintech News Desk
by Fintech News Desk0
XTM, Inc., a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world,  together with fintech leader in the Self Sovereign Identity (SSI) space, KABN Systems North America Inc. (“KABN North America”) announce the launch of the KABN Visa Card and digital banking solution.  Users......
Sysnet Global Acquires NuArx to Expand Market Position in North America
Capital Markets Fintech News

Sysnet Global Acquires NuArx to Expand Market Position in North America

Fintech News Desk
by Fintech News Desk0
Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, announces that it has acquired NuArx, Inc. to further enhance Sysnet’s technology platform and accelerate its market expansion. NuArx, Inc. is a market-leading provider of PCI compliance, managed security and digital transformation solutions for the restaurant, convenience, grocery......
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