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Banking Fintech News

American Express in Advanced Talks to Buy Kabbage

Fintech News Desk
American Express Co.’s small-business aspirations just took another step forward. The credit-card giant is in advanced talks to buy Kabbage Inc., a deal that would make AmEx a bigger lender to mom and pop shops. The company is already the largest U.S. provider of credit cards to those types of operations.......
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Cognizant Named a Healthcare Payer Operations Leader by Everest Group

Fintech News Desk
Report Highlights Cognizant’s Digital Capabilities as Key to Addressing Healthcare Payer Challenges Cognizant (Nasdaq: CTSH) has been named a Leader in Everest Group’s Healthcare Payer Operations – Services PEAK Matrix® Assessment 2020. The report analyzes 29 service providers on multiple parameters including client solutions, overall performance, vision and market share.......
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......
VPay Achieves Nacha Certification for a Second Two-Year Term
Fintech News

VPay Achieves Nacha Certification for a Second Two-Year Term

Fintech News Desk
VPay, a leading turnkey claim payments platform, announced its designation as a Nacha Certified Third-Party Sender for a second two-year period. As of July 1, 2020, VPay joined an elite group of companies participating in the voluntary certification program that represent the highest standards in automated clearing house (ACH) payment processing.......
TextUs and Textkernel Partner to Help Staffing Firms Source and Contact Candidates Faster
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Sedgwick announces key leadership promotions

Fintech News Desk
Mike Arbour becomes third CEO in company’s history, Bob Peterson named president, and Dave North to continue as executive chairman Sedgwick, a leading global provider of technology–enabled risk, benefits and integrated business solutions, today announced key leadership promotions amongst its executive team as part of its planned succession process. Read......
The Fedeli Group And TPA Stream Announce Partnership
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TPA Stream Launches TPA Stream Connect

Fintech News Desk
Cleveland-based insurtech software company TPA Stream develops software for third-party administrators (TPAs) and health insurance brokers to streamline daily manual processes. Its newest technology, TPA Stream Connect, provides developers with access to claims data from multiple sources and formats. Read More: Equifax Launches Innovative New Solutions for Credit Monitoring and Identity Theft......
PGIM Investments and iCapital Network Announce Partnership to Enhance Access to Alternatives
Business Fintech Investment Services News

PGIM Investments and iCapital Network Announce Partnership to Enhance Access to Alternatives

Fintech News Desk
Trillion-dollar asset manager will integrate iCapital Network technology to power seamless alts experience for HNW advisor channel  PGIM Investments, the retail distribution arm of PGIM, Inc., the $1.4 trillion global investment management business of Prudential Financial, Inc. (PFI), and iCapital Network1, the leading financial technology platform driving access and efficiency in alternative......
FinancialForce Increases Productivity for Five9, Resulting in Millions in Added Revenue
Fintech News Robotic Process Automation

FinancialForce Increases Productivity for Five9, Resulting in Millions in Added Revenue

Fintech News Desk
FinancialForce integration removes manual processes, speeds project times and improves billing efficiencies FinancialForce, provider of the only modern ERP suite and the #1 professional services automation (PSA), announced that call-center software leader Five9 saved more than 300,000 hours of non-billable time and gained $2.5 million in revenue due to productivity increases since implementing......
Finix Extends Series B to $75 Million to Help SaaS Companies Build Better Digital Payments Experiences
Fintech Mobile Banking News

Finix Quadruples Transaction Volume As Digital Payments Soar

Fintech News Desk
As demand for digital payments surges, Finix, which provides payments infrastructure to vertically-focused software companies, reported a 4.5x increase in payments volume from Q2 2019 to Q2 2020. Finix also recently launched Flex, a new product that kick-starts more companies on the path to owning their payments. Read More: Thimble......
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