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FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020
Banking Fintech News

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

Fintech News Desk
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced results for its first quarter ended November 30, 2019. First Quarter Fiscal 2020 Highlights Revenues increased 4.3% or $15.0 million to $366.7 million compared with $351.6 million for the same period in fiscal 2019. The increase......
FinVolution Group Receives APP Security and Information Security Certifications from China's CVERC
Banking Fintech Fintech Funding News

FinVolution Group’s Subsidiary Receives License as A Technology and Information Based Financial Lending Institution from the Financial Services Authority of Indonesia

Fintech News Desk
FinVolution Group , one of the leading fintech platform in China, announced that its subsidiary with an application named “Adakami” in Indonesia, has received a license for Technology and Information Based Financial Lending Institution (peer-to-peer lending license) from the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK). Read More: Arcline......
PenFed Credit Union Presents $23,000 Donation to United Way of Lane County
Banking News

PenFed Credit Union Presents $23,000 Donation to United Way of Lane County

Fintech News Desk
The Donation Supports the Nonprofit’s Efforts to Serve the Lane County Community by Bringing People Together to Give, Advocate and Volunteer. PenFed Credit Union‘s Eugene Service Center announced a $23,000 donation to United Way of Lane County to support bringing people together to improve the lives of others. PenFed employees at the Eugene......
Milliman Wins Three InsuranceERM Americas Awards for Its Insurtech Products and Risk Consulting Services
Fintech Fintech Funding News

Funded Ratio for 100 Largest US Public Pensions Climbs to 73.4%, According to Milliman Estimates

Fintech News Desk
Nearly One-Third of PPFS Plans Lowered Interest Rate Assumptions Since 2018 Study Milliman, Inc., a premier global consulting and actuarial firm, released the results of its 2019 Public Pension Funding Study (PPFS), which analyzes funding levels of the nation’s 100 largest public pension plans, including an independent assessment on the......
Aylien Raises €5 Million to Identify and Analyze Risk Events in Real-time in the Financial Services and Risk Intelligence Space Using AI
Fintech Fintech Funding News

Aylien Raises €5 Million to Identify and Analyze Risk Events in Real-time in the Financial Services and Risk Intelligence Space Using AI

Fintech News Desk
Aylien, a leading provider of AI-powered risk intelligence and financial analytics solutions, has announced details of its Series A funding round of €5 million. The latest investment is led by Finch Capital who is joined by existing investors, Atlantic Bridge University Fund, SOSV, and Enterprise Ireland. Finch Capital’s Partner Hans De Back has also joined Aylien’s board......
Fintech News

H2O.ai Inducted into Highly Selective Credit Suisse Disruptive Technology Recognition Program

Fintech News Desk
Wall Street Endorses H2O.ai’s Vision to Democratize AI  H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), announced that Credit Suisse has selected it as a member of its 2019 Disruptive Technology Recognition (DTR) Program. Credit Suisse’s DTR Program recognizes the top companies who are disrupting traditional IT with......
SmartMetric Reports That Over $24 Billion Was Lost in 2018 Due to Payment Card Fraud Worldwide
Banking Fintech News

SmartMetric Reports That Over $24 Billion Was Lost in 2018 Due to Payment Card Fraud Worldwide

Fintech News Desk
SmartMetric, Inc. reported that in 2018, $24.26 Billion was lost due to payment card fraud worldwide. The United States leads the world in credit card fraud with 38.6% of reported card fraud losses in 2018. Credit card fraud increased by 18.4% in 2018 and is still increasing. Apart from the......
Sovos and Axway Software Partner to Reduce Complexity of Global Tax Management
Blockchain

Coinstreet Partners announces two senior appointments – Samuel Reid as Group Chief Technology Officer and Pietro Doran as Senior Member of Advisory Board

Fintech News Desk
Coinstreet Partners (“Coinstreet”) announced that it has named Samuel Reid as Group Chief Technology Officer (“CTO”) and Pietro Doran as Senior Advisor of the group. Coinstreet is a leading decentralized investment banking group and digital asset consultancy firm, offering a one-stop solution and end-to-end service for asset tokenization, tokenized securities, digital assets, securities......
ViaBTC Upgrades ViaWallet Domain
Banking

BitOoda Closes $7 Million Seed Round with Growing Investor Pool & New Approach to Digital Finance

Fintech News Desk
Demand Rising for Products Merging Digital Finance & Applied Science BitOoda Holdings, LLC (“BitOoda”), a digital asset financial services platform that blends digital finance and applied science, announced that it closed a $7 million seed round. BitOoda’s investor base was spurred by the achievement of several industry firsts in the......
NCR and Cardtronics Announce Definitive Acquisition Agreement at $39.00 Per Share
Banking Fintech News

NCR Announces Acquisition of Edge Virtualization Technology Provider Zynstra

Fintech News Desk
NCR Corporation , a global enterprise technology company for the retail, hospitality and banking industries, announced the acquisition of UK-based Zynstra, a provider of edge virtualization technology. NCR and Zynstra have worked together for several years, reflected in the launch of NCR Software Defined Store introduced in January 2019 and......
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