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AI CHIPS FOR NEURAL NETWORKING PROJECTS (1)
Banking Digital Payments Fintech InsurTech Investments News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Zywave Acquires Modgic, Provider of Workers' Comp & Mod Analysis Software
InsurTech News

Zywave Acquires Modgic, Provider of Workers’ Comp & Mod Analysis Software

Fintech News Desk
by Fintech News Desk0
Acquisition marks Zywave’s fourth in six months, further consolidating insurtech marketplace Insurance technology provider, Zywave, today announced the acquisition of Bend, Oregon-based Modgic, a provider of workers’ comp and mod analysis software for the commercial insurance industry. Combined with Zywave’s existing commercial solutions, the acquisition strengthens Zywave’s portfolio of offerings in that market.......
Summit Bank Hires Angela DeVita as Vice President, Relationship Banking Manager
Banking News

Summit Bank Hires Angela DeVita as Vice President, Relationship Banking Manager

Fintech News Desk
by Fintech News Desk0
Summit Bank is pleased to announce that Angela DeVita, a 20-year Portland-based banking veteran, has joined Summit Bank as Vice President, Relationship Banking Manager for our Portland Metropolitan and Southwest Washington market. A high-achieving, experienced banking professional driven to develop and expand large deposit relationships, Angela creates and implements customized......
ABBYY Completes Investment from Marlin Equity Partners to Accelerate Growth
Investments News

ABBYY Completes Investment from Marlin Equity Partners to Accelerate Growth

Fintech News Desk
by Fintech News Desk0
ABBYY, a Digital Intelligence company, announced it has completed a significant investment by Marlin Equity Partners, a global technology-focused investment firm. As a result of this investment, Marlin will become ABBYY’s largest shareholder and be a strategic growth partner for the company’s continued market expansion. ABBYY is excited to announce......
Levvel Announces Partnership with Core-as-a-Service Leader, Finxact
Banking News

Levvel Announces Partnership with Core-as-a-Service Leader, Finxact

Fintech News Desk
by Fintech News Desk0
Levvel, an Endava company, is honored to announce a partnership with Finxact, a leader in modern core banking solutions. After over two years of collaboration, Finxact and Levvel have entered into a new formal partnership to solidify the two organizations’ alignment and focus on shared customer success. This partnership builds off recent......
Data Exfiltration Extortion Reaches Highest Inflection Point
Big Data Featured Security

Data Exfiltration Extortion Reaches Highest Inflection Point; Globally Companies Lost $80 Billion+ to Ransomware

Sudipto Ghosh
by Sudipto Ghosh0
Companies are losing billions of dollars to Data Exfiltration Extortion and ransomware attacks. Fintech industry is one of the hardest-hit. Over the past few months, we have witnessed some of the biggest cyber extortions arising from ransomware and data exfiltration, both inflicting severe damage to key markets, including fintech, IT......
MRB Direct Announces Investment by Austin Capital
B2B Fintech News

MRB Direct Announces Investment by Austin Capital

Fintech News Desk
by Fintech News Desk0
Fintech Fund II makes investment in MRB Direct, a Software-as-a-Service provider for compliance and banking solutions for cash intensive industries MRB Direct, Inc. announces a seed round investment by Fintech Fund II, a $125 million venture fund managed by Austin Capital General Partner, LLLP that targets companies in the financial technology sector.......
Sheesha Finance and Royale Finance Partner to Leverage Premier DeFi Staking Mechanism
Blockchain Finance Fintech News

Sheesha Finance and Royale Finance Partner to Leverage Premier DeFi Staking Mechanism

Fintech News Desk
by Fintech News Desk0
The partnership utilizes Sheesha’s Mutual Fund model allowing Royale network participants access to a variety of DeFi project rewards without direct investment Sheesha Finance, the first one-stop-shop for investors to get diversified exposure to DeFi projects, and Royale Finance, a cross-chain DeFi solution using liquidity pools to provide funding for iGaming......
Brighton Park Capital Completes Eighth Platform Investment as Part of Its $1.1 Billion Fund
Digital Investment Services Investments News

Brighton Park Capital Completes Eighth Platform Investment as Part of Its $1.1 Billion Fund

Fintech News Desk
by Fintech News Desk0
Technology industry veterans’ fund focuses on growth-stage software and technology-enabled businesses Brighton Park Capital Management, L.P.  announced the successful completion of its third investment in 2021. This milestone expands Brighton Park’s portfolio to eight platform investments, the latest of which include: OPSWAT, a cybersecurity company focused on protecting critical infrastructure; NuORDER,......
Paysafe Expands US Partnership with PointsBet into Michigan
Digital Digital Payments News

Paysafe Expands US Partnership with PointsBet into Michigan

Fintech News Desk
by Fintech News Desk0
Paysafe payments technology supports new Michigan sportsbook brand’s growth as deal with global operator extends into sixth U.S. state Paysafe, a leading specialized payments platform, announced the expansion of its partnership with PointsBet, the premier global sportsbook operator that recently launched its online sports-betting brand in Michigan. PointsBet, which already......
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