Search Results for: business transactions

JMI Equity Closes $1.7 Billion Growth Equity Fund
Investment Services News

JMI Equity Closes $1.7 Billion Growth Equity Fund

Fintech News Desk
Firm’s Oversubscribed Tenth Fund Will Continue JMI’s Software-Focused Investment Strategy JMI Equity, a growth equity firm focused on investing in leading software companies, announced the closing of JMI Equity Fund X, L.P. (“JMI X” or the “Fund”) at its $1.7 billion hard cap. The Fund, which was oversubscribed, received strong......
Brazilian Fintech RecargaPay Raises $70 Million Series C Round
Banking Fintech Mobile Banking News

Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Zelle Comes To The RTP Network
Banking Fintech InsurTech Investment Services News Risk Management

Zelle Comes To The RTP Network

Fintech News Desk
Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP® network. Read More: The Rise of Chinese Mobile Payment Apps “Demand for faster payments has never been higher, and today’s integration milestone eliminates lengthy and costly legacy processes that......
ALSEGO Launches a New Financial Middleware Solution
Banking Fintech News

ALSEGO Launches a New Financial Middleware Solution

Fintech News Desk
ALSEGO has launched Symphony, a new financial middleware solution for the conversion, validation & transmission of interbank financial messages. Banks exchange a significant number of financial messages every day, sharing files in various formats. Each file contains several messages, each of which corresponds to an interbank financial transaction. For example,......
iDenfy and Verifo Join Forces to Streamline International Payments
Business Fintech News

iDenfy and Verifo Join Forces to Streamline International Payments

Fintech News Desk
Working with iDenfy, Verifo will ensure that its platform is secured and protected from fraudulent accounts. The real-time identity verification service iDenfy and international payment platform Verifo are now partnering to make financial transactions around the world even more secure. Read More: Amid Massive Expectations, Anyon Launched Its Signature STO......
Featurespace Launches Automated Deep Behavioral Networks
Business Fintech InsurTech Machine Learning News

Featurespace Launches Automated Deep Behavioral Networks

Fintech News Desk
World leader in Enterprise Financial Crime prevention introduces a deeper layer of defense for card and payments Featurespace introduces Automated Deep Behavioral Networks for the card and payments industry, providing a deeper layer of defense to protect consumers from scams, account takeover, card and payments fraud, which cost an estimated $42 billion in......
illumy Partners With PayCertify On Fraud Mitigation, Payment Processing
Banking Fintech InsurTech Investment Services News Risk Management

illumy Partners With PayCertify On Fraud Mitigation, Payment Processing

Fintech News Desk
The partnership seeks to bridge fintech and hyper-communications™ illumy, a first-of-its-kind hyper-communications™ platform, announced a partnership with PayCertify, an innovative, global fintech marketplace and leader in card issuing and payment processing. Through this new partnership, illumy will provide best-in-class fraud mitigation and payment processing as well as cutting-edge financial solutions for......
Featurespace Introduces Automated Deep Behavioral Networks
Business Fintech News

Featurespace Introduces Automated Deep Behavioral Networks

Fintech News Desk
Today, Featurespace introduces Automated Deep Behavioral Networks for the card and payments industry, providing a deeper layer of defence to protect consumers from scams, account takeover, card and payments fraud, which cost an estimated $42bn in 2020. Read More: 2021 Promises to be the Year that Ushers in DeFi, A......
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