Global Fintech Interview with Xavier Coemelck, Regional Vice President of Sales & Services at Entrust
[To share your insights on Fintech trends and analysis, please write to us at sghosh@martechseries.com]...
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BlockFi Completes $350 Million Series D
BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, announced the completion of its Series D fundraising round, which was led by new investors including Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global. The $350 million......
Envision Bank Enters Agreement to Outsource Mortgage Servicing to Dovenmuehle
Partnership Pledges Omni-Channel Convenience and Stellar Customer Care Envision Bank announced that it has signed a contract with Dovenmuehle Mortgage, Inc. (“Dovenmuehle”), one of the largest private label mortgage subservicing companies in the U.S., to support and manage its mortgage subservicing business, including customer service, payment processing, escrow administration, payoffs......
Sage Expands Partnership With Corporate Spending Innovations, an Edenred Company, to Deliver New Vendor Payments Offering
Sage expands partnership with Corporate Spending Innovations, an Edenred company, to deliver new Vendor Payments offering Embedded solution enables customers to pay vendors quickly, save hours on reconciliations, and reduce payment transaction costs Sage, the market leader in cloud business management solutions, and Edenred’s subsidiary Corporate Spending Innovations (CSI), a......
Flutterwave Closes USD $170 Million Funding
Flutterwave, Africa’s leading payments technology company, announces it has secured USD $170 million from a leading group of international investors as part of a successful Series C round. The round was led by growth-equity firms Avenir Growth Capital (“Avenir”) and Tiger Global Management LLC (“Tiger Global”) with participation from new and existing investors.......
A Groundbreaking Initiative in Israel’s Banking System – A Bank and a Fintech Company Join Forces: Leumi and Tarya Fintech Sign Strategic Partnership Agreement to Jointly Develop an Innovative Core System for Leumi’s Mortgage Operations
The synergy between Tarya Fintech’s innovative technology and unique DNA and Leumi’s digital-technological leadership, extensive use of models, experience and knowledge – will lead to the creation of an innovative, agile and customized mortgage platform Leumi and Tarya Fintech have joined forces in a strategic initiative to develop and adapt......
TerraPay Forays Into Bank Account Payments in the USA and Canada to Facilitate Same Day International Money Transfers and Cross Border Remittances
– TerraPay’s global presence now reaches 70 countries. – The Company is committed towards fostering inclusive digital mobility for all and is building a credible digital payments highway, beyond borders. TerraPay, a leading global payments infrastructure company, announced its expansion into Bank Account payments in the USA and Canada markets to facilitate digital cross......
Global Fintech Series Primer on What is RegTech: Definitions, Stats and Tools
In the last 10 years or so, global financial institutions and regulatory bodies have come together to unleash a battery of regulations for Banking, Insurance, and Micro-economies. The advancement of new technologies such as AI, Machine Learning Engineering, Big Data, Cloud and Edge Computing, Blockchain and Crypto, and low-code DevOps, have heavily disrupted the RegTech industry. This primer dives......
Mercurity Fintech Holding Announced Changes to Board Composition
Mercurity Fintech Holding Inc. announced that Mr. Cong Huang has been appointed as Independent Director to the Company’s Board of Directors, and Mr. Liu Hao has been appointed as a Director to the Board. These changes were put into effect on March 4, 2021. Mr. Cong Huang is a renowned researcher and entrepreneur in......