Search Results for: legacy
Finastra Brings its Fusion Phoenix Core to the Cloud
Commerce National Bank & Trust and Commencement Bank are the first customers using Fusion Phoenix in the cloud Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution......
Ordway Raises $10 Million to Eliminate Manual Workarounds in Sales-to-Finance Operations
Ordway, a billing and revenue automation platform for scaling companies, today announced a $10 million Series A investment led by CRV with participation from Clocktower Ventures and existing investors Lerer Hippeau and Revolution’s Rise of the Rest Seed Fund. Led by Sameer Gulati, a SaaS veteran at the epicenter of......
LendingClub Announces Acquisition Of Radius Bank
First U.S. Fintech to Announce Acquisition of a Bank, Now Poised to Reimagine Banking Enhancing LendingClub’s Ability to Serve its Members, Grow its Market Opportunity, Increase and Diversify Earnings, and Provide Resilience and Regulatory Clarity Board Adopts a Temporary Stockholder Rights Plan to Protect Bank Charter Initiative LendingClub Corporation ,......
Trapped in the past? Moving Banking beyond the Prison Paradigm
Some banks are so established that, as customers, we think of them as part of the fabric of our lives; as immovable institutions. Maybe that was once the case. But the rise of a new, modern business environment is undermining that position. Apple pay and Facebook’s Libra are good examples......
Fintech Partnerships a Key Growth Strategy for Banks and Credit Unions in 2020
Fintechs Can Provide Better Design Capabilities, Improved Customer Experience, Report States Financial institutions are making fintech partnerships a key priority in 2020, according to new research from Cornerstone Advisors. In What’s Going On In Banking 2020: Outlook for a New Decade, 65 percent of banks and 76 percent of credit unions say......
Couples Prefer to Keep Some Finances Separate, Survey Reveals
Varo launches peer-payment feature that makes transferring money between partners a breeze A new survey released by mobile banking startup Varo Money, Inc. shines a light on the financial habits of modern couples, revealing that many Americans prefer maintaining a degree of fiscal autonomy in their relationships rather than engaging in......
Fintech Reggora Raises $10 Million Series A Led by Spark Capital
Latest Funding Will Help Scale the Company’s Appraisal Tech and Fuel Growth Reggora, the industry’s leading residential appraisal software, announced that it has raised $10 million in Series A funding, led by Spark Capital. Spark also led the company’s $3 million seed round in January 2019. Existing investors, including Boston Seed Capital, also participated in......
BitPay and Poynt Take Bitcoin to the Streets
Partnership Enables Cryptocurrency Payments at Point of Sale BitPay, the world’s largest provider of blockchain payment services, together with Poynt, the world’s first open commerce platform, announced the integration of BitPay’s Bitcoin and cryptocurrency payments with Poynt’s Smart Terminal point-of-sale devices at more than 100,000 Poynt retailers worldwide. With just the......
Liferay and IDC Release Report Analyzing Customer Experience Trends in the Insurance Industry
Research Highlights the Role of DXPs in Improving Customer Experience The insurance sector continues to be one of the largest investors in technology for optimizing business processes. In fact, IDC Research estimates that global IT spending in this segment will exhibit a Compound Annual Growth Rate (CAGR) of 5.1% through......