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Alloy Secures $100 Million In Series C Funding Led by Lightspeed Venture Partners, Bringing Valuation to $1.35 Billion
Fintech News

Alloy Secures $100 Million In Series C Funding Led by Lightspeed Venture Partners, Bringing Valuation to $1.35 Billion

Fintech News Desk
Series C is Earmarked to Expand Alloy’s Product Offerings, Bringing Full Customer Identity Profile to Fruition Alloy, the leading identity decisioning platform for banks and fintech companies, today announced it has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer......
Untapped Global Partners With Paga To Boost Digital Payments for Nigerian SMEs
Digital Payments Fintech Investments News

Untapped Global Partners With Paga To Boost Digital Payments for Nigerian SMEs

Fintech News Desk
Smart Asset Financing fast tracks digitization for over 120,000 small businesses Untapped Global, an investment company focused on emerging markets, announces a scale up of its partnership with Paga, the mobile payment and financial services company. The program finances point-of-sale devices (POS) for merchants in Nigeria, the largest country in Africa, but......
KBC Partners with Personetics to Boost Digital Customer Engagement and Financial Wellness
Fintech News

KBC Partners with Personetics to Boost Digital Customer Engagement and Financial Wellness

Fintech News Desk
KBC, a leading multi-channel bank-insurance group with a geographic focus in Europe, has partnered with Personetics, the leading global provider of financial-data-driven personalization and customer engagement solutions for financial services. The companies will be working together to deliver multi-lingual, proactive, data-driven solutions to increase customer engagement on KBC’s mobile application to......
Crews Banking Corporation Modernizes Core, Lending and Digital Banking with Jack Henry
Banking Digital Digital Payments News

Crews Banking Corporation Modernizes Core, Lending and Digital Banking with Jack Henry

Fintech News Desk
Bank corporation partners with Jack Henry for open, efficient technology ecosystem Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The company announced today that $1.5 billion-asset Crews Banking Corporation has partnered with Jack Henry to modernize and streamline technology across......
Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility
Finance Fintech News

Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility

Fintech News Desk
– USD 2 billion sustainability-linked revolving credit facility signed – Transaction underlines the confidence in Ericsson’s financial and sustainable performance Ericsson has signed a USD 2 billion sustainability-linked revolving credit facility, renewing an undrawn USD 2 billion credit facility signed in 2013. The successful transaction underlines the confidence in Ericsson’s financial and sustainable performance......
LexisNexis® Risk Solutions Study Reveals Sharp Rise of Financial Crime Compliance Costs, Now Nearly $49.9 Billion Per Year for Financial Institutions in the United States and Canada
Fintech News

LexisNexis Risk Solutions Study Reveals Sharp Rise of Financial Crime Compliance Costs, Now Nearly $49.9 Billion Per Year for Financial Institutions in the United States and Canada

Fintech News Desk
Decision makers inside banks, investment firms, asset managers and insurance firms identify the drivers impacting financial crime compliance LexisNexis Risk Solutions revealed the results of its annual True Cost of Financial Crime Compliance Study for the U.S. and Canada. The total projected cost of financial crime compliance for the region......
Digital Banking for Everyone
Banking Digital Fintech Mobile Banking News

Digital Banking for Everyone: Bank Dora Financial Launches Nation’s First All-Digital Banking Cooperative

Fintech News Desk
Bank Dora aims to reduce racial and economic disparities in banking access The Credit Union industry’s first neo-bank strategy, Bank Dora Financial (Dora) is now open. Intended specifically for low-to-moderate income individuals who are currently underserved by the traditional banking industry, Dora combines the best of fintech mobile applications with......
Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities
Finance News

Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities

Fintech News Desk
Live Oak Bank has reached a milestone in providing more than $1.2 billion in renewable energy financing for solar and bioenergy projects in rural communities nationwide. Live Oak is the largest U.S. Department of Agriculture (USDA) lender in the country, according to 2020 data from the USDA, and made its first......
UnionPay International Partners with S2M to Promote Digital Financial Inclusion in Africa
Digital Payments Fintech News

UnionPay International Partners with S2M to Promote Digital Financial Inclusion in Africa

Fintech News Desk
UnionPay International and S2M jointly announced an ambitious partnership to accelerate digital financial inclusion on the African continent. This new achievement will allow S2M to provide UnionPay payment services to its customers with a high level of performance, continuity and security. This partnership will contribute to the expansion of innovative digital......
SPDB and Huawei Launch the SPDB Finwarehouse, Incorporating Digital Finance into Warehousing
Fintech News

SPDB and Huawei Launch the SPDB Finwarehouse, Incorporating Digital Finance into Warehousing

Fintech News Desk
Shanghai Pudong Development Bank (SPD Bank) and Huawei presented the SPDB Finwarehouse Solution at HUAWEI CONNECT 2021. The solution is one of the biggest milestones in joint innovation for financial digitalization. It is also a step towards consolidating the Bank of Things, as the solution uses IoT to secure movable......
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