Search Results for: distribution of banking

DeFi Technologies Completes Acquisition of Leading Digital Asset Liquidity Provider Stillman Digital
DeFi Finance Fintech News

DeFi Technologies Completes Acquisition of Leading Digital Asset Liquidity Provider Stillman Digital

PR Newswire
by PR Newswire0
Stillman Digital Acquisition: DeFi Technologies has successfully acquired Stillman Digital, a leading digital asset liquidity provider with over US$20 billion in trade volume since 2021, with US$5 billion of that occurring in Q2 2024 alone. Stillman Digital provides digital asset products and services in electronic trade execution, market making and OTC block trading. Strategic Growth: The acquisition......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa
Digital Payments Fintech News

Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa

GlobeNewswire
by GlobeNewswire0
Lesaka Technologies, announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka’s common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka’s......
Zywave Names Software Industry Veterans Martin Simoncic as CEO and Chris Kasper as CFO
Finance Fintech News

Zywave Names Software Industry Veterans Martin Simoncic as CEO and Chris Kasper as CFO

PR Newswire
by PR Newswire0
Simoncic and Kasper together bring over three decades of software-as-a-service (“SaaS”) experience to help fuel Zywave’s next stage of growth Zywave, Inc., a leading provider of SaaS InsurTech solutions for sales management and client delivery enablement, today announced that Martin Simoncic has joined as Chief Executive Officer and Christian G.......
Fireblocks and Chainlink Labs Announce Strategic Collaboration To Accelerate Regulated Stablecoin Issuance
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Fireblocks and Chainlink Labs Announce Strategic Collaboration To Accelerate Regulated Stablecoin Issuance

PR Newswire
by PR Newswire0
Fireblocks’ digital asset infrastructure and Chainlink will provide an end-to-end technology solution for financial institutions looking to issue and transact regulated stablecoins, setting a new industry standard for stablecoin issuance Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, and Chainlink Labs, the primary contributing......
Deutsche Bank Deepens Partnership With SUSE On Open, Enterprise-Grade Linux
Banking Fintech News

Deutsche Bank Deepens Partnership With SUSE On Open, Enterprise-Grade Linux

PR Newswire
by PR Newswire0
Deutsche Bank will obtain support for thousands of SUSE Linux Enterprise and Red Hat Enterprise Linux Servers with SUSE Liberty Linux, an enterprise solution to maintain and support a wide variety of enterprise Linux distributions Strategic move underpins the importance of customer choice to innovate at their own pace while......
BNP Paribas Collaborates with QuantumStreet AI to Launch Cross Asset Trend and AI Index in Brazil
Artificial Intelligence Finance Fintech News

BNP Paribas Collaborates with QuantumStreet AI to Launch Cross Asset Trend and AI Index in Brazil

Business Wire
by Business Wire0
Combining traditional investing techniques with AI technology, new Index provides comprehensive view of cross-asset market trends built on millions of data points BNP Paribas, Europe’s leading global bank, and QuantumStreet AI, a global leader in the field of AI-powered investment solutions, are today announcing the launch of a proprietary new......
SMArtX Advisory Solutions Announces Key Hires for Strategic Expansion
Finance Fintech News

SMArtX Advisory Solutions Announces Key Hires for Strategic Expansion

Business Wire
by Business Wire0
Courtney Robertiello, Senior VP of Enterprise Consulting, and Jacquie Burke, VP of Asset Manager Solutions, Fortify Leadership in Asset Management and OCIO Services SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, proudly announces the hiring of Courtney Robertiello and Jacquie Burke. These strategic hires signify SMArtX’s dedication......
Payabli Closes $20M Series A to Scale Operations and Drive Innovation for its Payments Infrastructure and Monetization Platform
Finance Fintech News

Payabli Closes $20M Series A to Scale Operations and Drive Innovation for its Payments Infrastructure and Monetization Platform

Business Wire
by Business Wire0
Round led by QED Investors arrives after company surpasses 340% growth in revenue over the past 12 months Payabli, the payments infrastructure solution for software companies, has closed a $20M Series A. The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling......
ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT
Finance Fintech Investments News

ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT

PR Newswire
by PR Newswire0
ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions. In a market dominated by fragmented......
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