Search Results for: annual transaction

Banking Fintech News

Real-Time Payments Gaining Traction Among Businesses

Fintech News Desk
Survey from Citizens Commercial Banking finds nine out of 10 businesses interested in new payment standard Real-time payments (RTP), the emerging standard in U.S. billing and payment processing, continues to gain traction among businesses with nine out of 10 business leaders reporting interest in the network, according to Citizens Commercial Banking’s......
Radix Raises $12.7 Million to Support The First Layer-One Protocol for DeFi
Fintech News

Radix Launches First Layer-One Protocol for Decentralized Finance As Congestion on Ethereum Reaches Record Highs

Fintech News Desk
Radix publishes White Paper introducing four core technologies to prepare DeFi for mass adoption, including a first-of-its kind developer incentive program Radix announced the launch of the first layer-one protocol for decentralized finance. Radix is made up of four breakthrough technologies: Cerberus, a high-speed network consensus mechanism; Radix Engine, a purpose-built......
FPL Technologies secures $10 million Series A funding from Sequoia India, Matrix Partners India, and Hummingbird
Business Fintech Fintech Funding News

FPL Technologies secures $10 million Series A funding from Sequoia India, Matrix Partners India, and Hummingbird

Fintech News Desk
 FPL Technologies announced a $10 million Series A financing round with participation from Sequoia India, Matrix Partners India, Hummingbird Ventures, and a number of reputed angel investors. The company has also announced the launch of their mobile-first credit card, OneCard. In an industry-first, a user can easily apply for OneCard......
Creation of the European PayTech Leader a Powerful Strategic Combination Between Nexi and Nets
Banking Fintech News

Stripe Hires Dhivya Suryadevara from General Motors as their New CFO

Fintech News Desk
Dhivya joins from General Motors, the largest American automobile manufacturer, where she was Chief Financial Officer Her experience managing high-scale, global operations and driving strategic business transformation will help accelerate Stripe’s growth Stripe exceeds growth expectations as the world economy shifts online at faster rate Stripe, a global technology company......
Fintech News

TSG Launches Branding Initiative Focused on Specialized Solutions for the Payments Industry

Fintech News Desk
The Strawhecker Group (TSG), the leading consultancy specializing in payment acceptance, announced today the launch of its new branding initiative through a series of taglines embodying the focus of each business segment within the firm. “The Payments Industry has advanced dramatically… In the last six months, the speed of change......
Exxe Group Announces Formation of Multi-Million Dollar FinTech Trading Services Operation
Fintech News Trading

Exxe Group Announces Formation of Multi-Million Dollar FinTech Trading Services Operation

Fintech News Desk
 Exxe Group, a diversified company focused on acquisitions in real estate, financial services, digital platforms, and agribusiness, announced that it is combining certain FinTech assets into its AXXAInvest financial services trading and investments group that can immediately generate millions of dollars of revenue annually. AXXAInvest will have a multi purpose......
Global Payments Signs Multi-Year Agreement With Wells Fargo Bank
Fintech News

Global Payments Joins Forces with AWS to Deliver the Future of Payments

Fintech News Desk
Global Payments and Amazon Web Services (AWS), an Amazon.com company, announced a new, multi-year collaboration agreement to provide a cloud-based issuer processing platform to financial institutions around the world. As part of this agreement, Global Payments and AWS will strategically collaborate to transform Global Payments’ core issuing platform to deliver......
Orum, the Platform for Frictionless Money, Launches Foresight to Enable Financial Institutions to Move Money in Real-Time
Fintech News

Orum, the Platform for Frictionless Money, Launches Foresight to Enable Financial Institutions to Move Money in Real-Time

Fintech News Desk
Founded by alums of LearnVest, N26 and Stash, Orum has raised $5.2M from Inspired Capital, Homebrew, Acrew, Bain Capital Ventures and others. Orum, the platform for frictionless money, announces the launch of Foresight, its debut product aimed at enabling financial institutions to move money in real-time. Foresight’s API solution directly......
Artificial Intelligence InsurTech News

Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business

Fintech News Desk
 World’s Fastest Growing Global Insurance Broker and Artificial Intelligence Leader Combine to Deploy Insurtech at Scale In a transformational move, Acrisure today announced that it has acquired artificial intelligence (AI) leader Tulco LLC’s insurance practice to bring best-in-class data science, AI, and machine learning capabilities to the insurance brokerage industry.......
Triterras Launches Kratos Logistics Module in Partnership with Seven Oceans
Business Fintech News Trading

Netfin Acquisition Corp. to Combine with Triterras Fintech Pte Ltd., Creating a Leading Fintech Company Focused on Global Trade and Trade Finance

Fintech News Desk
Netfin Acquisition Corp. (Nasdaq: NFIN, NFINW) (“Netfin” or the “Company”), a special purpose acquisition company targeting businesses in the fintech industry, and Triterras Fintech Pte Ltd. (“Triterras Fintech”), a leading fintech company for commodity trading and trade finance, have entered into a definitive agreement for Triterras Fintech to become a publicly listed......
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