Search Results for: business transactions

Tinkoff applies encryption tech from oneFactor to protect client data in AI credit scoring module
Artificial Intelligence Banking Digital Machine Learning News

Tinkoff Applies Encryption Tech From oneFactor to Protect Client Data in AI Credit Scoring Module

Fintech News Desk
by Fintech News Desk0
Tinkoff, one of Europe’s largest and most innovative digital banks, has began using an AI-powered predictive analytics tools, based on combined data from multiple sources, including telecom operators, Russia’s largest credit bureau and Tinkoff itself. This is made possible by the oneFactor platform, which uses a Hardware Security Module (HSM)......
Corcentric Acquires B2B Payments Provider Vendorin
B2B Banking Digital Fintech News

Corcentric Acquires B2B Payments Provider Vendorin

Fintech News Desk
by Fintech News Desk0
Corcentric, a leading provider of business spend management and revenue management software and services, today announced the acquisition of Vendorin from Juvo Technologies for a purchase price of $100 million. Other financial terms were not disclosed, and the acquisition was financed with cash on hand following Bregal Sagemount’s investment in May 2020.......
Personetics secures a $75 million investment from Warburg Pincus to accelerate the global expansion of its AI-driven personalization and engagement solutions for financial institutions
Artificial Intelligence Business Fintech News

Personetics Secures a $75 Million Investment From Warburg Pincus to Accelerate the Global Expansion of Its AI-Driven Personalization and Engagement Solutions for Financial Institutions

Fintech News Desk
by Fintech News Desk0
– Over 95 million bank customers now ‘self-driving’ their finances with Personetics – Banks reaping the rewards with an up to 35% increase in mobile app engagement and 20% increase in customer account and balance growth – The global market for financial services personalization solutions is valued at $13 billion......
Tax App untied Files First Submission Under HMRC Digital Drive
Digital Economy Fintech News Risk Management Trading

Tax App untied Files First Submission Under HMRC Digital Drive

Fintech News Desk
by Fintech News Desk0
untied, the UK’s personal tax app, today announced that one of its users has successfully made the UK’s first Making Tax Digital (MTD) for Income Tax submission powered by Open Banking data. Read More: GreenBox POS Joins Visa’s Fintech Fast Track Program Making Tax Digital for Income Tax (also known as......
Astra Unveils Transfer Automation Platform for Banks and Fintechs
Banking Digital Fintech Investment Services News

Oxane Partners Wins Multiple Loan Servicing Mandates in Further Endorsement of Its Loan Servicing 2.0 Solution

Fintech News Desk
by Fintech News Desk0
Oxane Partners Limited , a leading technology-driven solutions provider to private markets, announced today that it has won multiple mandates to act as facility agent and security agent on loans across the real estate and maritime asset classes. The loans have a combined unpaid balance of over £250 million. Read......
ChoiceOne Bank Advances in Industry-Leading Technology
Banking Business Fintech News

ChoiceOne Bank Advances in Industry-Leading Technology

Fintech News Desk
by Fintech News Desk0
ChoiceOne Financial Services, Inc., the parent company of ChoiceOne Bank, is pleased to announce the significant advances ChoiceOne has made in its financial services and industry-leading technology. These advances support customers’ needs for high-speed convenience and best-in-class financial solutions, while still maintaining the ability to connect and create long-term personal......
Alchemy Partners Instpower to Enable Crypto Payments Across Global Network of Power Bank Sharing Stations
Banking Business Cryptocurrency Fintech News

Alchemy Partners Instpower to Enable Crypto Payments Across Global Network of Power Bank Sharing Stations

Fintech News Desk
by Fintech News Desk0
Alchemy Pay, the world’s first decentralized finance (DeFi) hybrid fiat and crypto payment solution provider, has partnered with Instpower, a global power-bank-sharing network, to enable digital payment acceptance across their charging stations. Read More: Sopra Banking Software Unveils Fintech Marketplace Instpower is the world’s leading network builder of power-bank-sharing, providing......
SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits
Banking Blockchain Business Capital Markets Economy Fintech News

SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits

Fintech News Desk
by Fintech News Desk0
SIA’s Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the preliminary consolidated financial results at 31 December 2020, confirming the positive trend of 2019 and growing in the fourth quarter of 2020, despite the economic contraction caused by the Covid-19 pandemic. Read More: GlobalFintechSeries Interview with Joshua Levin,......
Ingka Group Takes 49% Stake In Ikano Bank
Banking Fintech Investment Services News

Jiko Processes a $4.7M Debit Card Transaction, Generating $47,000 in Cash Back to Customer

Fintech News Desk
by Fintech News Desk0
Jiko today announced that it has processed a massive $4.7 million debit card transaction as part of its newly launched Debit Cards Cashback Rewards Program. A tax payment to the IRS made with a Jiko Debit Card, this single transaction resulted in $47,000 cash back to the customer, deposited directly......
BlueSnap Expands Global Operations With New European Headquarters and Appointment of EU Board
B2B B2C Business Fintech News

BlueSnap Expands Global Operations With New European Headquarters and Appointment of EU Board

Fintech News Desk
by Fintech News Desk0
The all-in-one payments provider opens Dublin office to serve as its European HQ Ex-Arthur Cox boss Eugene McCague joins as Chairman of EU Operations BlueSnap, the all-in-one payment platform which helps B2B and B2C businesses around the world increase sales and reduce costs, has opened a new office in Dublin as the......
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