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Rocket Companies Names Venmo Chief Technology Officer, Former PayPal Executive, Papanii Okai EVP of Product Engineering
Finance Fintech News

Rocket Companies Names Venmo Chief Technology Officer, Former PayPal Executive, Papanii Okai EVP of Product Engineering

PR Newswire
by PR Newswire0
Okai brings years of tech leadership to Rocket as the company continues its strategy of AI-fueled homeownership Rocket Companies, the Detroit-based fintech platform company including mortgage, real estate and other financial service businesses, today named Venmo Chief Technology Officer and former PayPal technology executive Papanii Okai the Executive Vice President......
PNC Bank Launches Akoya Integration for PINACLE Connect to Provide More Secure, Transparent Data Access for Corporate Clients
Banking Fintech News

PNC Bank Launches Akoya Integration for PINACLE Connect to Provide More Secure, Transparent Data Access for Corporate Clients

PR Newswire
by PR Newswire0
PNC Bank and Akoya announced the expansion of their existing integration to support corporate data sharing through the Akoya data access network. This feature enhances the ability of corporate clients to securely share their financial data with third parties, including fintechs and data aggregators, that power platforms they use to......
Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
by Rishika Patel0
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
arqu Secures $10 Million in Series A Funding to Accelerate Transformation in Wholesale Insurance
Fintech InsurTech News

arqu Secures $10 Million in Series A Funding to Accelerate Transformation in Wholesale Insurance

Business Wire
by Business Wire0
arqu, a tech-enabled wholesale insurance brokerage transforming how large-scale, complex commercial risks are transacted in the $100bn Excess & Surplus (E&S) market, announces its $10 million Series A financing, led by Crosslink Capital with participation from Intact Ventures. arqu also saw continued support from all existing investors, Lightspeed Venture Partners, Foxe Capital and Nationwide Ventures. “arqu is not......
Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States
DeFi Fintech News

Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States

Business Wire
by Business Wire0
Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch of Abra’s new Digital Asset......
OneAZ Credit Union Announces Strategic Partnership with Backbase
Banking News Technology

OneAZ Credit Union Announces Strategic Partnership with Backbase

Cision PRWeb
by Cision PRWeb0
Backbase implementation marks innovation milestone for Arizona credit unions OneAZ Credit Union is launching a transformative strategic partnership with Backbase, the creator of the Engagement Banking Platform, to modernize the credit union’s technology architecture. Through Backbase’s platform, OneAZ will deliver a simplified and streamlined banking experience, expanding beyond financial service offerings to include insurance, real estate and other lifestyle-related offerings and......
CertifID Announces Expansion of Insurance to Address Escalating Risk of Wire Fraud
Fintech InsurTech News

CertifID Announces Expansion of Insurance to Address Escalating Risk of Wire Fraud

Business Wire
by Business Wire0
The company has doubled its maximum coverage tier to $2 million per verified transaction to meet rising business demand and housing values CertifID, a leader in wire fraud protection, announced up to $2 million in direct, first-party insurance coverage on every wire transfer that is verified by the company. Thursday’s......
Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand
Fintech Investment Services News

Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand

Business Wire
by Business Wire0
Second AAA-Rated Asset Backed Securitization of 2024, with $4.4bn raised across all transactions in 2024 Pagaya remains the #1 ABS issuer of personal loans in the U.S. Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of PAID 2024-9. A total......
Pagaya Announces Appointment of Josh Fagen as Head of Investor Relations and COO of Finance
Finance Fintech News

Pagaya Announces Appointment of Josh Fagen as Head of Investor Relations and COO of Finance

Business Wire
by Business Wire0
With 25+ years of experience across financial services and investor relations, Fagen, formerly of SoFi and Citadel, joins Pagaya to expand their investor relations capabilities and amplify the company’s strong financial performance to date Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced......
Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences
Artificial Intelligence Blockchain Finance Fintech News

Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

Business Wire
by Business Wire0
Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets. Futureverse will enable secure, compliant Know Your Customer (KYC) verified access to DeFi via its self-developed Ottó......
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