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Banking Featured Fintech

Tools such as these are Enabling Better Identity Verification for Financial institutions

Fintech News Desk
Fintech companies have brought much-needed technological advancements into the global business scenario and have caused a paradigm shift from traditional financial practices. More and more people are adopting complete-digital methodologies to carry out their financial procedures. More than 58% of the world’s population has access to the internet today.  The......
Paya Announces Strategic Acquisition of The Payment Group
Business Fintech News

Paya and FinTech III Announce Merger Agreement

Fintech News Desk
Paya, a leading integrated payments and commerce solution provider, and FinTech Acquisition Corp. III , a special purpose acquisition company, announced that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined company (the “Company”) will operate as Paya and will be listed on NASDAQ......
Fintech Funding News

EMQ Announces Close of $20M Series B Funding Round

Fintech News Desk
EMQ, Asia’s leading financial settlement network, announced the close of a $20 million Series B funding round. The latest round of funding is led by WI Harper Group, with participation from new and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture......
Banking News

Ozow – Paving the Way for Open Banking in Africa

Fintech News Desk
Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. “In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change......
Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients
Fintech Funding Investment Services News

Citi Extends Fund Accounting Services to UK Investment Trusts

Fintech News Desk
Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts. There are approximately 350 investment trusts in the UK with £186 billion in assets under management1. “Investment trusts are an important vehicle for UK asset managers,” said......
News Risk Management

TPT Retirement Solutions Selects Charles River for Portfolio Management and Risk

Fintech News Desk
TPT Retirement Solutions, a leading £12 billion workplace pension scheme in the UK, has selected the Charles River Investment Management Solution (Charles River IMS) to manage their multi-asset pension portfolios on one platform. The investment team will use Charles River IMS and Charles River Investment Book of Record (IBOR) for......
Marqeta and Bill.com Partner to Power New Commercial Card Programs for Financial Institution Customers
InsurTech News

Marqeta’s Modern Card Issuing Platform to Deliver Commercial Card Tokenization for J.P. Morgan

Fintech News Desk
Marqeta’s innovative instant issuance tools will power card tokenization for J.P. Morgan, expanding card payment options for commercial clients. Marqeta, the global modern card issuing platform, announced today that J.P. Morgan will leverage Marqeta’s unique card tokenization capabilities for its virtual card program. This new functionality, anticipated to be available......
Fintech Investment Services News

True Link raises $35 million Series B led by Khosla Ventures and Centana Growth Partners

Fintech News Desk
Specialized fintech startup ramps up growth of its services for older adults, people with disabilities, and people recovering from addiction True Link Financial, a mission-driven financial technology company, announced today that it has raised a total of $35 million in two Series B tranches, the first led by Khosla Ventures and......
Uncategorized

Western Union Expands in the Philippines with Cebuana Lhuillier

Fintech News Desk
2,500+ Locations of the Philippines Largest Microfinancial Services Company, Cebuana Lhuillier, To Offer Western Union Money Transfer Services Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, and Cebuana Lhuillier, the largest and long-tenured microfinancial service provider in the Philippines, have come together to enable customers in the......
CitiDirect BE® Earns Top Ranking in Greenwich Associates Study
Fintech News

Citi Announces New Five-Year Sustainable Progress Strategy to Finance Climate Solutions and Reduce Climate Risk

Fintech News Desk
Citi today announced its new five-year 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy. This new strategy includes a $250 Billion Environmental Finance Goal to finance and facilitate climate solutions globally. This builds on Citi’s previous $100 billion goal announced in 2015 and completed last year, more......
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