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Volt Raises $60 Million Series B Round Led By Silicon Valley Investor IVP
Digital Payments News

Volt Raises $60 Million Series B Round Led By Silicon Valley Investor IVP

Business Wire
US VC investment reinforces confidence in the UK’s fintech sector by supporting Volt’s product development and international expansion beyond Europe Volt, the company building the global infrastructure for real-time payments, announces that it has raised a $60 million Series B to fund expansion into new international markets such as APAC......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
GMEX ZERO13 and Zumo Collaborate on New Carbon Credit Offering for Banks and Corporates
Digital Asset Management Fintech News

GMEX ZERO13 and Zumo Collaborate on New Carbon Credit Offering for Banks and Corporates

Fintech News Desk
Integrated solution to offset carbon footprint using tokenised carbon credits ZERO13, a GMEX Group initiative providing a digital climate fintech aggregation ecosystem, and Zumo, the B2B digital assets infrastructure, announce a collaborative solution targeted at banks and their corporate and institutional clients who are looking to account for the carbon......
New AR Automation Tools from Unanet Help Architecture and Engineering Firms Get Paid Faster and More Efficiently
Fintech News

New AR Automation Tools from Unanet Help Architecture and Engineering Firms Get Paid Faster and More Efficiently

PR Newswire
Unanet, the leading provider of project-based enterprise resource planning (ERP) and customer relationship management (CRM) software for the architecture and engineering (AE) industries, unveiled new accounts receivable (AR) automation functionalities that help AE firms streamline, accelerate, and error-proof their historically manual processes, so they get paid faster and more efficiently. The......
Google Cloud Launches AI-Powered AML Product for Financial Institutions
Artificial Intelligence News

Google Cloud Launches AI-Powered Anti Money Laundering Product for Financial Institutions

PR Newswire
HSBC found AML AI identified 2-4x more suspicious activity, while reducing alert volumes by more than 60%  Google Cloud announced the launch of Anti Money Laundering AI (AML AI), an artificial intelligence (AI)-powered product designed to help global financial institutions more effectively and efficiently detect money laundering. Money laundering is a......
Lone Star National Bank Selects Alkami's Digital Banking Platform
Banking News

Lone Star National Bank Selects Alkami’s Digital Banking Platform

PR Newswire
Expansive digital transformation helps community bank innovate forward Alkami Technology Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced that Texas-based Lone Star National Bank has selected the Alkami Digital Banking Platform as a pillar of its technology stack transformation. The partnership is expected to......
Encore Financial Group Joins Advisor Group to Improve Client Experience and Accelerate Growth
Finance News

Encore Financial Group Joins Advisor Group to Improve Client Experience and Accelerate Growth

PR Newswire
Former ONESCO Firm with $340 Million in Client Assets Affiliates with Savage and Associates, One of Advisor Group’s Largest Groups Advisor Group, one of the nation’s largest networks of independent wealth management firms, announced the affiliation of Encore Financial Group (Encore) of Cheboygan, MI, through Savage and Associates (Savage), one of Advisor Group’s largest......
PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables
Investment Services News

PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables

PR Newswire
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......
Finance News

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

PR Newswire
First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......
Major Financial Institutions Back Specialist Investor, Illuminate Financial, in New $235 Million Venture Fund
Investment Services News

Major Financial Institutions Back Specialist Investor, Illuminate Financial, in New $235 Million Venture Fund

PR Newswire
BNY Mellon, Euroclear join existing strategic investors J.P Morgan, S&P Global, Jefferies, Deutsche Börse Group, Barclays, Citi and SGX in the final close of Illuminate’s third fund Illuminate Financial, a financial services-focused venture firm, has closed its third fund, a $235 million fund to invest in early-stage businesses solving problems for financial......
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