Search Results for: legacy

LendingClub Announces Acquisition Of Radius Bank
Banking Fintech Radar News

LendingClub Announces Acquisition Of Radius Bank

Fintech News Desk
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
Banking Fintech Radar Guest Posts

Trapped in the past? Moving Banking beyond the Prison Paradigm

Jouk Pleiter
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......
Cornerstone
Banking Fintech News

Fintech Partnerships a Key Growth Strategy for Banks and Credit Unions in 2020

Fintech News Desk
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
Banking Business News

Couples Prefer to Keep Some Finances Separate, Survey Reveals

Fintech News Desk
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
Fintech Fintech Funding News

Fintech Reggora Raises $10 Million Series A Led by Spark Capital

Fintech News Desk
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 Announces Permanent Virtual Office and Work From Home Policy
Blockchain Cryptocurrency News

BitPay and Poynt Take Bitcoin to the Streets

Fintech News Desk
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 to Deliver Enterprise-Grade Digital Experiences to the IBM Cloud for Financial Services
InsurTech News

Liferay and IDC Release Report Analyzing Customer Experience Trends in the Insurance Industry

Fintech News Desk
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......
AI in Banking: 7 ways AI will impact the Banking Industry
Artificial Intelligence Banking Featured

AI in Banking: 7 ways AI will impact the Banking Industry

Paroma Sen
AI is shaking things up in the traditional finance and fintech industry for good. Even if you have never heard of the capabilities of AI to detect frauds and offer more enhanced customer service and overall customer experience, you will have interacted with a chatbot a.k.a. personal assistant on your......
REPAY Announces Partnership With Remitter
Business Fintech News

REPAY Announces the Acquisition of Ventanex

Fintech News Desk
Upsizes Existing Credit Facility to $345 million Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced the acquisition of Ventanex for up to $50 million, of which $36 million was paid at closing. The remaining $14 million may become payable upon the achievement of performance growth targets. The......
Genpact and HighRadius Partner to Help Companies Automate Accounts Receivable and Treasury Processes
Banking Business Fintech

Genpact and HighRadius Partner to Help Companies Automate Accounts Receivable and Treasury Processes

Fintech News Desk
Partnership Combines Powerful AI Platform With Deep Industry Expertise Genpact , a global professional services firm focused on delivering digital transformation, and HighRadius, an enterprise SaaS (Software-as-a-service) fintech company, announced a strategic partnership that will provide improvements to enterprise accounts receivable and bring together digital automation solutions powered by advanced......
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