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Vesta Secures $125 Million Investment From Goldfinch Partners
Business Capital Markets Fintech Investment Services News

Vesta Secures $125 Million Investment From Goldfinch Partners

Fintech News Desk
by Fintech News Desk0
Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured $125 million in new growth capital from private equity firm Goldfinch Partners. The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions.......
Western Union Provides Update on Improving Transaction Trends in Its Consumer-to-Consumer Segment, including Acceleration in Digital Growth
Fintech Investment Services News

Western Union Provides Update on Improving Transaction Trends in Its Consumer-to-Consumer Segment, including Acceleration in Digital Growth

Fintech News Desk
by Fintech News Desk0
The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, announced that the Company will present virtually at the Bank of America Global Technology conference on Tuesday, June 2, 2020. The presentation will begin at 3:15 p.m. Pacific time and will include comments from Raj Agrawal,......
Alinma Bank signs acquiring agreement with JCB International for local acceptance in the Kingdom of Saudi Arabia
Blockchain Business Fintech Fintech Funding Fintech Startups News

JCB signs a Strategic Partnership Agreement with TECHFUND for Joint Research on Sustainable Payment System Using Blockchain

Fintech News Desk
by Fintech News Desk0
JCB Co., Ltd., a global payment network and a leading issuer and acquirer in Japan, and TECHFUND Inc., a technology accelerator promoting innovation in startups and leading companies, have signed a strategic partnership agreement to jointly research the construction of a sustainable payment system using blockchain. Based on TECHFUND’s blockchain technologies......
Woodruff Sawyer Adopts CyberCube’s Broking Manager
Fintech InsurTech News

Woodruff Sawyer Adopts CyberCube’s Broking Manager

Fintech News Desk
by Fintech News Desk0
US-based Insurance brokerage Woodruff Sawyer has partnered with CyberCube to become one of the first organizations to leverage CyberCube’s “Broking Manager” in its insurance advisory services. Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software Insurance brokerage @Woodruff Sawyer has become......
Frost & Sullivan Names Shift Technology 2020 Global Claims Solutions for Insurance Market Leadership Award Winner
Artificial Intelligence Fintech InsurTech News

Frost & Sullivan Names Shift Technology 2020 Global Claims Solutions for Insurance Market Leadership Award Winner

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions, announced the company was named the 2020 Global Claims Solutions for Insurance Market Leadership Award Winner by Frost & Sullivan. The information and growth consulting organization’s “Best Practices Awards” are independent, research-backed accolades that identify the market’s true leaders and......
The American Economy Runs on ACH, Says Mercator Advisory Group White Paper
Economy Fintech News

The American Economy Runs on ACH, Says Mercator Advisory Group White Paper

Fintech News Desk
by Fintech News Desk0
The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published titled, “The Expanding Role of ACH in the Era of Faster Payments.” The paper also highlights how – as payments become faster – ACH supports the......
Stellar Development Foundation Invests $5 Million in Wyre
Blockchain Fintech Investment Services News

Stellar Development Foundation Announces Enterprise Fund Investment in SatoshiPay

Fintech News Desk
by Fintech News Desk0
Early Stellar Adopter Positioned to Tap into Growing B2B Cross-Border Payment Market The Stellar Development Foundation (SDF) announced the closing of a strategic investment of $550K in SatoshiPay, a platform for connecting the world through instant payments. SatoshiPay, a FinTech company based in London and Berlin and founded in 2014, was one of the earliest adopters of Stellar. Launching......
Nehemiah Security Named in Gartner's May 2020 Cool Vendors in Integrated Risk Management
Business Fintech News Risk Management

Nehemiah Security Named in Gartner’s May 2020 Cool Vendors in Integrated Risk Management

Fintech News Desk
by Fintech News Desk0
 Nehemiah Security, the industry leader in automated cyber risk quantification, announced it has been recognized as a Cool Vendor in the May 20, 2020 Cool Vendors in Integrated Risk Management report by Gartner. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition Nehemiah Security’s award-winning SaaS solutions enable CISOs......
CFO Role Expands Amid Pandemic, According to New Protiviti Survey
Fintech News

Use of Automation and Advanced Technology for SOX Compliance Is Trending Down, Finds New Protiviti Survey

Fintech News Desk
by Fintech News Desk0
Remote work amidst COVID-19 environment further drives vital need for automation and technology adoption for compliance processes The eleventh annual Sarbanes-Oxley (SOX) Compliance Survey, conducted by global consulting firm Protiviti, identified that only 46 percent of audit teams have been utilizing advanced technologies to optimize compliance processes, a decrease from the......
GoBear Accelerates Its Transformation to Become Asia's Leading Financial Services Platform With US$17M Fundraise
Banking Fintech InsurTech News

GoBear Accelerates Its Transformation to Become Asia’s Leading Financial Services Platform With US$17M Fundraise

Fintech News Desk
by Fintech News Desk0
GoBear, Asia’s leading financial services platform for insurance, banking and lending products – has raised US$17M from Walvis Participaties and Aegon N.V to accelerate its transformation into a full-fledged financial services platform. “To truly improve financial health in Asia we must address the approximately 300 million people in our markets that remain underserved by existing banking and insurance services. GoBear’s transformation......
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