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Let's Dive Deep Into Fintech Vs The Conventional Banking
Banking Featured Fintech Fintech Primers Technology

Let’s Dive Deep Into Fintech Vs The Conventional Banking

Pooja Choudhary
Introduction to Financial Technologies (FinTech) So much in vogue: Fintech, Fintech, Fintech! Yes, right… Your eyes must have rolled on many articles and blogs based on fintech and its domain, but this article is no less than a ray of sun in a cave! Believe me, with the immense amount......
Sound Point Capital to Acquire Assured Investment Management, and Receive $1 Billion Investment Commitment
Investment Services News

Sound Point Capital to Acquire Assured Investment Management, and Receive $1 Billion Investment Commitment

Business Wire
Sound Point Capital Management, LP, a credit-oriented investment manager overseeing approximately $32 billion in total assets, is pleased to announce that it has entered into an agreement to acquire Assured Investment Management LLC and certain of its related asset management entities (“Assured-IM”), which conducts the institutional asset management business of......
Authlete Raises $4 Million in Series A Funding from SBI Digital Asset Holdings
Digital Asset Management News

Authlete Raises $4 Million in Series A Funding from SBI Digital Asset Holdings

PR Newswire
Authlete, the leader in implementing the latest digital identity and API security standards, announced that it has raised approximately US$4M (500 million Japanese yen) in Series A funding from SBI Digital Asset Holdings (SBI DAH), part of the Japanese conglomerate SBI Group. Authlete will use the funds to accelerate its global......
Digital Payments News

Source-to-Pay Software Solution Leader Proactis Announces Partnership with AP Payments-as-a-Service Fintech Finexio

PR Newswire
The solution enables superior control over AP spend and cashflow, by automating the disbursement and settlement of payment to suppliers, quickly and securely Proactis, the leading Source-to-Pay software solution provider for mid-market organizations, and Finexio, the leading digital Accounts Payable (AP) Payments-as-a-Service company, announced a strategic partnership that expands Proactis’......
Wolters Kluwer Compliance Solutions Shares Digital Lending Adoption Insights
Lending Mortgage News

Wolters Kluwer Compliance Solutions Shares Digital Lending Adoption Insights

Business Wire
Lower costs per loan, higher efficiencies rank high in selecting digital technology While the adoption of digital technologies like eNotes and eClosings has recently slowed given rising interest rates and the U.S. mortgage market’s overall deceleration, lenders continue to show considerable interest in evaluating and purchasing mortgage closing platforms that......
Momnt Names Mark Satisky as Chief Financial Officer
Digital Payments Finance News

Momnt Names Mark Satisky as Chief Financial Officer

Business Wire
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, has named Mark Satisky as the Chief Financial Officer, effective immediately. Satisky is a seasoned executive with experience leading high-growth technology organizations, most recently serving as the CFO of Stord, the......
Dutch Payments Startup Continues Impressive Growth Trajectory with US Expansion
Digital Payments Fintech Startups News

Dutch Payments Startup Continues Impressive Growth Trajectory with US Expansion

PR Newswire
Amsterdam-based fintech startup Silverflow, is expanding into the US market bringing its modern, omnichannel, cloud native acquiring processing platform to acquirers, PSPs, payment facilitators, and marketplaces. Founded by some of the world’s leading payments industry veterans, Silverflow believes that payments should be as frictionless as possible. Silverflow’s goal is to......
Mastercard Strengthens Customer Security With New AI ‘Cyber Shield’
Artificial Intelligence News Security

Mastercard Strengthens Customer Security With New AI ‘Cyber Shield’

Business Wire
Acquisition of Baffin Bay Networks enhances multi-layered protection against cyber risk Mastercard acquired cloud-based cybersecurity company Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. “Our cloud-based Threat Protection service provides a simple and effective way to safeguard against application and network-level attacks” Baffin Bay......
Banking Economy Markets News

SVB Financial Group, Parent Of SVB Bank, Declares Bankruptcy.

Fintech Staff Writer
SVB Financial Group has petitioned the United States Bankruptcy Protection Court for the Southern District of New York for a court-supervised Chapter 11 reorganisation. The business looks to sell its assets. The funds and general partner companies of SVB Securities and SVB Capital were not included in the Chapter 11......
NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle
Digital Payments News

NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle

Business Wire
Using advanced AI, the solution employs a multi-model execution strategy that utilizes a diverse set of models, techniques, and algorithms to identify and prevent fraud Traditional payments monitoring systems often do not detect money mules’ movements as they secure illicit funds from financial institutions. To address this problem, NICE Actimize, a NICE business,......
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