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Arab Financial Services to Raise Us$ 98 Million to Support Growth Strategy
Banking Digital Payments News

Arab Financial Services to Raise Us$ 98 Million to Support Growth Strategy

Fintech News Desk
The shareholders of Arab Financial Services Company B.S.C.(c) (“AFS”), a leading digital payment solutions provider and fintech enabler in the Middle East and Africa, decided to increase the company’s authorised share capital to US$ 150 million and its issued and paid-up share capital to US$ 98 million. The decision was taken at......
Kasada Secures $23 Million in Series C Funding to Accelerate Global Momentum Combating Online Fraud & New Automated Threats
Fintech News Security

Kasada Secures $23 Million in Series C Funding to Accelerate Global Momentum Combating Online Fraud & New Automated Threats

Fintech News Desk
More than 85% of Customers Worked with Other Bot Mitigation Providers Prior to Engaging with Kasada’s Modern Approach; Company Now Protects Over $20 Billion in eCommerce Kasada, provider of the most effective and easiest way to defend against advanced bot attacks, announced $23 million in Series C funding, bringing total......
Consumers Hungry for Real-Time Payments Offer Opportunities for Financial Institutions, Says Fiserv White Paper
Digital Payments Fintech News

Consumers Hungry for Real-Time Payments Offer Opportunities for Financial Institutions, Says Fiserv White Paper

Fintech News Desk
Banks and credit unions can build a competitive market position by offering and highlighting benefits of real-time payments According to a new Fiserv white paper showcasing findings of a survey conducted by Javelin Strategy & Research, consumers are crystal clear on the benefits of real-time payments, yet often lack understanding of what......
Workday Sees Continued Momentum in Financial Services Supporting Global Institutions in Transforming Business
Business Fintech News

Workday Sees Continued Momentum in Financial Services Supporting Global Institutions in Transforming Business

Fintech News Desk
Workday , a leader in enterprise cloud applications for finance and human resources, announced continued momentum within the financial services industry with more than 70% of financial services organizations in the Fortune 500 having selected Workday. As part of the momentum, Workday achieved a record number of customer deployments in the past year across......
Nexo Announces Record $100M Buyback Program
Digital News

Nexo Announces Record $100M Buyback Program

Fintech News Desk
–Nexo, the leading regulated institution for digital assets, announced that its Board of Directors has approved a $100 million buyback program, which authorizes the company to discretionally repurchase its native NEXO Token in the open market periodically. The token buyback program will commence immediately and is expected, depending on prevailing......
Atlanta-Based LendingPoint Named Best Financial Planning Software by Benzinga in 2021 Global Fintech Awards
Fintech News

Atlanta-Based LendingPoint Named Best Financial Planning Software by Benzinga in 2021 Global Fintech Awards

Fintech News Desk
Financial technology platform named a Benzinga Global Fintech listmaker for the third consecutive year LendingPoint, an AI-driven CreditTech platform, announced that it won Best Financial Planning Software from Benzinga in the seventh annual Global Fintech Awards. The award recognizes LendingPoint’s ability to adapt and innovate to serve its customers at......
PAC Capital Limited
Banking Fintech News

PAC Capital Limited sponsors Afreximbank 2021 Intra-African Trade Fair (IATF) event in Durban, South Africa

Fintech News Desk
The company said the sponsorship draws from the continent’s renewed drive to promote its Trade Sector In a bid to reiterate its commitment towards promoting the trade agenda in Africa, PAC Capital Limited ‘PAC Capital, a member of PanAfrican Capital Holdings Group, has concluded plans to sponsor the 2021 Intra-African Trade......
Strong Bank Response to Paycheck Protection Program (PPP) Drives Record-High Satisfaction Among Small Business Customers, J.D. Power Finds
Banking Digital Payments Fintech News

Strong Bank Response to Paycheck Protection Program (PPP) Drives Record-High Satisfaction Among Small Business Customers, J.D. Power Finds

Fintech News Desk
Proactive Response Creates Opportunity for Increased Retention and Cross-Selling After getting off to a wobbly start in the earliest days of the pandemic, the nation’s banks nailed their response to the U.S. Small Business Association’s Paycheck Protection Program (PPP), managing to administer $669 billion in relief loans to small businesses......
Mastercard Introduces Accessible Card for Blind and Partially Sighted People
Banking Digital Payments Mobile Banking News

Mastercard Introduces Accessible Card for Blind and Partially Sighted People

Fintech News Desk
2.2 billion people around the world have visual impairments Unique notches on the Touch Card’s short side allow the person to distinguish it between a credit, debit or prepaid card Mastercard extends its commitment to inclusivity by introducing a new accessible card standard for blind and partially sighted people, called......
BitGo Announces $16 Billion in Assets Under Custody
Digital Asset Management News

BitGo Integrates Stacks To Give Institutions Easy Access to Bitcoin Yield

Fintech News Desk
BitGo integrates Stacks to bring Bitcoin DeFi  to institutional players in the form of direct BTC yield BitGo, the market leader in providing institutional-grade liquidity, custody and security for digital assets,  announced support for Stacks. Stacks is a network that has created the technology needed to bring applications and smart contracts to the Bitcoin network. In order to match the demand......
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