Search Results for: banking and financial services

Investments in Product-Led Strategy Drove Yelp’s Strong 2023 Results
Fintech Investments News

Yelp Released its Financial Results for the Fourth Quarter and Full Year 2023

Fintech News Desk
by Fintech News Desk0
The company expects 2024 net revenue will be in the range of $1.42 billion to $1.44 billion as our Services initiatives gain traction. The company also expects 2024 adjusted EBITDA will be in the range of $315 million to $335 million. Yelp Inc., the company that connects people with great......
Banking Fintech News

92% of Banks Plan to Maintain or Increase Technology Investment in 2024, According to New Dragonfly Financial Technologies Survey

Fintech News Desk
by Fintech News Desk0
Dragonfly surveyed over 100 bank executives to gain insights into their bank’s biggest challenges, spending initiatives and tech preferences for 2024. Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, released the findings of its “State of Banking” survey. Dragonfly surveyed over 100 bank executives to gain insights......
cPacket Announces Closing of a $67M Investment from Morgan Stanley Expansion Capital and Trinity Capital Inc.
Investments

cPacket Announces Closing of a $67M Investment from Morgan Stanley Expansion Capital and Trinity Capital Inc.

Business Wire
by Business Wire0
cPacket closed on a $67M funding round of debt and equity, to extend its product and technology lead in the enterprise hybrid network observability and security market. cPacket Networks Inc. is thrilled to announce the successful completion of a $67 million transaction, including a primary and secondary equity investment by......
eflow Launches Global Trends in Market Abuse and Trade Surveillance Report as 60% of Financial Firms Report That They Struggle to Keep up With Regulatory Changes
Finance Fintech News

eflow Released “Global Trends in Market Abuse and Trade Surveillance”

Fintech News Desk
by Fintech News Desk0
Quantitative research shows that 74% of firms struggle with cross-border compliance, and AI and global instability threaten a new wave of criminal and compliance issues. UK-based RegTech (Regulatory Technology) scaleup eflow Global launches an extensive research-based report exploring the regulatory landscape, global market abuse trends, and the compliance challenges that......
Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector
Fintech Investments News

Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector

Business Wire
by Business Wire0
With this investment, Wipro becomes a majority shareholder in Aggne, which brings to Wipro a highly sought-after and unique set of capabilities and Intellectual Property (IP) in the property & casualty (P&C) insurance space. Wipro Limited, a leading technology services and consulting company, today announced that it has made a......
Finastra and Tesselate Launch Teluga Trade Finance
Finance News

Finastra and Tesselate Launch Teluga Trade Finance

Fintech News Desk
by Fintech News Desk0
 Tegula Trade Finance as a Service, powered by Finastra Trade Innovation and Corporate Channels, offers banks a single, flexible, easy to scale and expand trade finance platform. By Global FinTech Series  Finastra, a global provider of financial software applications and marketplaces, and Tesselate, a global digital transformation consultancy and integrator,......
BofA Program Delivers Banking & Investing Benefits and Rewards to 4 Million Employees of Corporate Clients
Banking News

BofA Program Delivers Banking & Investing Benefits and Rewards to 4 Million Employees of Corporate Clients

PR Newswire
by PR Newswire0
Growing list of companies adding wellness tools and resources to help employees live their best financial lives Bank of America announced that over 450 corporate and commercial clients have enrolled in its Employee Banking & Investing (EBI) program – more than doubling the number of companies in the program from......
Blackstone to Present at the Bank of America Securities Financial Services Conference 2024
Banking Finance Fintech News

Blackstone to Present at the Bank of America Securities Financial Services Conference 2024

Business Wire
by Business Wire0
Financial Services Conference will be conducted on Wednesday, February 21, 2024 at 2:30pm ET. Blackstone announced today that Michael Chae, Chief Financial Officer, is scheduled to present at the Bank of America Securities 2024 Financial Services Conference on Wednesday, February 21, 2024 at 2:30pm ET. Fintech Insights: Franchising Trends in the......
Ey Announces Alliance With Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services
Fintech News

Ey Announces Alliance With Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services

PR Newswire
by PR Newswire0
Acceleration of revenue and profitability growth through product-line expansion, diversification and customer acquisition Increased efficiency in acquisition, personalization at-scale and digital platform deployment The EY organization announces an alliance between MoneyLion, a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and......
Financial Expert Implores Industry Regulators to Reevaluate Anti-Money Laundering Initiatives
Finance Fintech News

Financial Expert Implores Industry Regulators to Reevaluate Anti-Money Laundering Initiatives

PR Newswire
by PR Newswire0
New book shares the societal impacts of dirty money, and suggests that more could be done to prevent it After more than 20 years in the financial industry, Dawn Pretorius believes that the current anti-money laundering initiatives are not enough to deter or punish criminals. In her newest book, “The Shepherds of......
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