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Finance News

In Honor of Military Consumer Month Attorney General Bonta Warns Against Scams Targeting Military and Veteran Communities

Fintech News Desk
by Fintech News Desk0
In honor of Military Consumer Month, California Attorney General Rob Bonta issued a consumer alert warning military service members, veterans, and their families to be aware of targeted scams and fraud. According to a recent report on consumer complaints received by the Federal Trade Commission, in 2021, military consumers lost......
Parafin Raises $60Million Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses
Finance News

Parafin Raises $60Million Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses

Fintech News Desk
by Fintech News Desk0
Parafin, a fintech infrastructure startup that companies such as marketplaces, vertical SaaS, and payment processors rely on to launch and embed financial services for their sellers, announced that it has raised a $60 million Series B financing round led by GIC, bringing its total equity funding to $94 million. This......
Study Shows Financial Services Organizations are in Early Phases of Multicloud Adoption
Cloud Finance News

Study Shows Financial Services Organizations are in Early Phases of Multicloud Adoption

Fintech News Desk
by Fintech News Desk0
Research Reveals Hybrid Multicloud is the Ideal IT model, but the Financial Services Industry is Slower to Adopt Nutanix, a leader in hybrid multicloud computing, announced the financial services findings of its global 2022 Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry. The......
ARMORI STEELE for Crypto Payments of High-End Racing Memorabilia
Cryptocurrency News

ARMORI STEELE for Crypto Payments of High-End Racing Memorabilia

Fintech News Desk
by Fintech News Desk0
Montreal-based companies, ARMORI STEELE and Dello, have officially joined forces to allow clients worldwide to pay entirely in cryptocurrency for their purchases of high-end racing memorabilia and luxury cars. The effort revolutionizes the way that high-end collectibles are acquired and will help push cryptocurrency payments to mainstream adoption.  Dello is......
Beyond Bitcoin Launches Equal-weighted Crypto Indices to Address Extreme Market Concentration
Cryptocurrency Investment Services News

Beyond Bitcoin Launches Equal-weighted Crypto Indices to Address Extreme Market Concentration

Fintech News Desk
by Fintech News Desk0
Frankfurt-based Solactive AG to act as calculation agent for first-of-their-kind indices Beyond Bitcoin, LLC, a Manhattan based minority-owned investment firm, announced the launch of first-of-their-kind equal-weighted crypto indices to offer a truly diversified alternative to today’s highly concentrated market-capitalization weighted indices. The indices will provide broader exposure to the asset......
As Most Advisors Report They Lack Confidence Counseling on Cryptocurrenciesi, Fidelity Expands Its Lineup of Digital Assets Education Offerings
Digital Asset Management News

As Most Advisors Report They Lack Confidence Counseling on Cryptocurrenciesi, Fidelity Expands Its Lineup of Digital Assets Education Offerings

Fintech News Desk
by Fintech News Desk0
Strategic Alliance with DACFP Provides Fidelity Institutional Clients with Preferred Rate on Certificate in Blockchain and Digital Assets Fidelity Institutional, the division of Fidelity Investments dedicated to providing technology, solutions, and insights to wealth management firms and institutions, announced the company’s latest efforts to educate advisors on digital assets, including......
Flourishing Payment Security Provider Diversifies Customer Base with Acquisition of Cloud Vaulting Service
Digital Payments News

Flourishing Payment Security Provider Diversifies Customer Base with Acquisition of Cloud Vaulting Service

Fintech News Desk
by Fintech News Desk0
TokenEx purchases AuricVault to bolster product-led growth strategy Cloud tokenization and payment optimization provider TokenEx announced that it has acquired Auric Systems International and its AuricVault service. The move helps TokenEx supplement its global growth strategy by increasing its presence in Latin America and Africa. It also will enable TokenEx to receive greater......
Elpha Secure Launches Cyber Insurance Offering on Socotra’s Cloud-Native Platform in Less Than Two Months
InsurTech News Security

Elpha Secure Launches Cyber Insurance Offering on Socotra’s Cloud-Native Platform in Less Than Two Months

Fintech News Desk
by Fintech News Desk0
Socotra’s flexible platform and open APIs empowered Elpha Secure to self-implement in record time Elpha Secure, a cybersecurity startup that provides cyber insurance combined with security software to small businesses, has chosen Socotra to complement its proprietary technology and launch a new cyber insurance product for a variety of industries.......
Ugami Raises $4.8 Million Seed Funding Round to Back the Complete Financial Solution for Gamers
Fintech News

Ugami Raises $4.8 Million Seed Funding Round to Back the Complete Financial Solution for Gamers

Fintech News Desk
by Fintech News Desk0
New Debit Card and App Launch Closed Beta to Waitlist of 265k Eager Gamers Ugami, the financial rewards solution for gamers, announced that it has recently closed a $4.8 million seed round, alongside the launch of Closed Beta for its inaugural Ugami Debit Card and app. This seed round was......
Gupshup Acquires Active.Ai, the Leading Conversational AI Platform for Banks and Fintech Companies
Banking News

Gupshup Acquires Active.Ai, the Leading Conversational AI Platform for Banks and Fintech Companies

Fintech News Desk
by Fintech News Desk0
Acquisition Brings Advanced, AI powered Omnichannel Conversational Engagement Solutions to BFSI Organizations Gupshup, a global leader in conversational engagement, announced the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for BFSI customers. Headquartered in Singapore, Active.Ai......
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