Search Results for: transaction volume

Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction
InsurTech Investment Services News

Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction

GlobeNewswire
by GlobeNewswire0
Brookfield Reinsurance and American Equity Investment Life Holding Company announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3......
Cross River Surpasses Bank Record with 1 Million RTP Transactions, Totaling Over $500mm in the Month of May Alone
Digital Payments Fintech News

Cross River Surpasses Bank Record with 1 Million RTP Transactions, Totaling Over $500mm in May

Business Wire
by Business Wire0
Top 5 leader in RTP origination highlights fintech leader’s dedication to innovation and ability to meet growing demand Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it has surpassed 1 million real-time payments (RTP) transactions and over $500 million in RTP volume in the month of......
New Startup Launches World's First Communication Channel Built on Payment Transactions
Banking Fintech Startups News

New Startup Launches World’s First Communication Channel Built on Payment Transactions

PR Newswire
by PR Newswire0
Engage set to speak at Money 2020 Europe to introduce groundbreaking platform What if banking providers could remain vital to the ongoing merchant-customer relationship and help drive future transactions? Engage is the world’s first communication channel built on purchase transactions – not on PII. Banking providers facilitate the most important interaction between......
Temenos Banking Cloud Reaches Record High Transactions and Scales Efficiently and Sustainably for Banking-as-a-Service
Banking News

Temenos Banking Cloud Reaches Record High Transactions and Scales Efficiently and Sustainably for Banking-as-a-Service

GlobeNewswire
by GlobeNewswire0
Temenos processed 200 million embedded finance loans and 100 million retail accounts at a record breaking 150,000 transactions per second on Microsoft Azure with MongoDB database Temenos, published new high-water benchmark performance results for Temenos Banking Cloud on Microsoft Azure and MongoDB Atlas infrastructure. The benchmark scenario simulated a client......
How Does Visa Generate Money From International Transactions?
Banking Digital Payments Featured Fintech Primers Payment gateways

How Does Visa Generate Money From International Transactions?

Pooja Choudhary
by Pooja Choudhary0
One of the leaders in digital payments globally is Visa. The goal of Visa is to unite people, businesses, and economies by creating the most cutting-edge, dependable, and secure payment network. How does a credit card function? How a credit card functions when we travel overseas is depicted in the......
Praxis Tech Launches Merchant Initiated Transactions
Digital Payments News

Praxis Tech Launches Merchant Initiated Transactions

PR Newswire
by PR Newswire0
Praxis Tech Ltd is excited to announce the launch of Merchant Initiated Transactions (MIT), a revolutionary payment processing solution that provides secure, seamless, and convenient checkout experiences for merchants and their customers. With MIT, merchants can now initiate transactions on behalf of their customers, eliminating the need for manual payment information......
Malta-Based Finance Incorporated Limited Launches ThetaRay AI Transaction Monitoring Solution
Fintech Machine Learning News

Malta-Based Finance Incorporated Limited Launches ThetaRay AI Transaction Monitoring Solution

Business Wire
by Business Wire0
Company partners with ThetaRay to future-proof its AML controls with a robust machine–learning system Finance Incorporated Limited, a gateway provider of electronic money services, announced it has selected ThetaRay AI-powered transaction monitoring technology to further strengthen its AML framework and grow business alongside increasing volumes of transaction data. Latest Fintech Interview: Global Fintech Interview with Jyotirmoy......
CauseCard Teams up with Visa to Turn Transactions into Action
Digital Payments News

CauseCard Teams up with Visa to Turn Transactions into Action

PR Newswire
by PR Newswire0
New “Always on” Micro-Donations Drives Charitable Contributions from Gen Z and Millennials Liquidity Financial announced a collaboration with Visa, a world leader in digital payments, to launch the Visa CauseCard, the first debit card that provides “always on” micro-donations. Whether charitable giving declines are due to financial uncertainty or the......
Fyle’s No-Code, Real-Time Expense Reporting Platform Can Now Help Us Banks Double Their Credit Card Spend Volumes
Banking News

Fyle’s No-Code, Real-Time Expense Reporting Platform Can Now Help US Banks Double Their Credit Card Spend Volumes

PR Newswire
by PR Newswire0
Fyle becomes the first in the industry to offer US banks a no-code expense management platform they can directly provide customers. The 8 largest banks in the U.S. accounted for over $700 billion in transaction volume on commercial cards in 2021. Yet, despite forming a large share of a bank’s customer base,......
Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
Artificial Intelligence Fintech News

ThetaRay Reports Upswing in Demand for Cross-Border Transaction Monitoring Amid Banking Crisis

Business Wire
by Business Wire0
Financial instability is driving a large movement of funds by companies diversifying investments across institutions and countries, requiring fast and efficient money transfer services ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, announced it is experiencing heightened demand for its sophisticated SONAR SaaS......
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