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The Fintech Revolution: Accelerating Bank Performance In The Dynamic Landscape Of 2023

Pooja Choudhary
by Pooja Choudhary0
“Banks can partner with fintech to build an ecosystem where the size of the pie grows for the banks and third parties.” – Mike Henry, Scotiabank Banks need to heavily invest in fintech solutions and implement digital strategies to keep up with the ever-changing competitive landscape. This blog has highlighted that......
BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs
Investment Services News

BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs

PR Newswire
by PR Newswire0
Investments in Diverse-led Funds Result in Capital Deployed to Over 1,000 Companies Across the U.S. Bank of America announced that it has committed more than $500 million in equity investments to minority- and women-led funds, more than doubling its initial $200 million commitment. The bank has committed equity to more than 150 funds,......
FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP
Fintech News

FinVolution Subsidiary Adakami Signs Strategic Cooperation with Bank OCBC NISP

PR Newswire
by PR Newswire0
FinVolution Group, a leading fintech platform, announced that its Indonesian financial application, AdaKami, signed a strategic cooperation agreement with Bank OCBC NISP. Bank OCBC NISP is an Indonesian publicly listed banking and financial services company, serving customers through 197 office networks in 54 cities in Indonesia as per September 2022. It shows......
CSC Acquires Eddystone Financial Services, Expanding Loan Agency Offering in Australasia
Digital Finance InsurTech News

CSC Acquires Eddystone Financial Services, Expanding Loan Agency Offering in Australasia

Business Wire
by Business Wire0
CSC, a leading provider of business, legal, tax, and digital brand services, announced the acquisition of Eddystone Financial Services, a provider of corporate loan agency services. The acquisition will continue to expand the company’s corporate trust and agency solutions to the Australian and New Zealand markets. “We’re pleased to formalize......
Calera Capital Closes $750 Million Single-Asset Continuation Fund for ImageFIRST
Investment Services News

Calera Capital Closes $750 Million Single-Asset Continuation Fund for ImageFIRST

Business Wire
by Business Wire0
Continuation Fund Provides Incremental Capital to Accelerate Growth and Support Future M&A Calera Capital, a leading middle-market private equity investment firm, announced the successful closing of Calera Capital Image Holdings, L.P., a new single-asset continuation fund of approximately $750 million. The fund closed in connection with Calera’s sale of portfolio......
Strike Expands “Send Globally” to Mexico, the Largest Market for Cross-Border Payments
Digital Payments News

Strike Expands “Send Globally” to Mexico, the Largest Market for Cross-Border Payments

Business Wire
by Business Wire0
Send Globally brings lightning-fast money transfers directly to recipients’ bank accounts as cross-border payments from the U.S. to Mexico reach historic highs Strike, the global money app for fast, safe payments and bitcoin, announced the expansion of “Send Globally” to Mexico, bringing its revolutionary payment service to the largest market......
ACI: APP Scams Emerge as a Payments Fraud Threat with Fraudsters Changing Tactics
Digital Payments News

ACI: APP Scams Emerge as a Payments Fraud Threat with Fraudsters Changing Tactics

Business Wire
by Business Wire0
According to ACI’s 2023 Prime Time for Real-Time report, the top three fraud tactics in 2022 are Authorized Push Payment (APP) scams, card fraud, and identity theft, with APP scams being the number one fraud tactic One in every five global consumers surveyed in 2022 said they fell victim to......
Malaysia and China to Collaborate on AI Research for Transborder Blockchain Applications
Artificial Intelligence Blockchain News

Malaysia and China to Collaborate on AI Research for Transborder Blockchain Applications

PR Newswire
by PR Newswire0
Malaysia’s public blockchain platform developer Zetrix and the country’s premier research university Universiti Malaya (UM) will be collaborating with China Academy of Information and Communications Technology (CAICT) to develop cutting-edge Artificial Intelligence (AI) technology as part of their ongoing intergovernmental research collaboration. The project entitled “Research on Key Issues of Transborder......
Capco Expands U.S. Community Banking Practice
Banking News

Capco Expands U.S. Community Banking Practice

Business Wire
by Business Wire0
Capco, the global technology and management consultancy, is expanding its community banking practice to enhance support for US community banks and credit unions. This expansion will assist institutions as they adapt to changing customer expectations and compete with the technology-driven innovations offered by larger banks. Latest Fintech Interview: Global Fintech Interview with......
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