Search Results for: services and technology
Alipay Announces Three-Year Plan to Support the Digital Transformation of 40 Million Service Providers in China
Alipay, the world’s leading mobile payment platform operated by Ant Financial Services Group, today announced a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China. The plan marks a major milestone as Alipay continues to strengthen its positioning in......
Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing
SilverLake System integration with BusinessManager allows banks to provide business customers with more transparency, faster access to funds Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today the company announced that BusinessManager has been fully integrated into the SilverLake......
QRails Backed by Global Equities Asset Manager in Series A Funding Round
EFM Asset Management Supports Payment Processor as Major Program Launches Take Shape for 2020 QRails, a cloud-based, open API issuer-processor that enables innovative payment solutions around the world, announced the closing of a $8 million Series A funding round led by EFM Asset Management. The announcement comes as QRails, in......
SMB FinTech Has Come a Long Way…But We’re Not There Yet
It wasn’t that long ago that banks were the only game in town, and if you wanted to borrow money, that was your primary option. The recession of 2008 caused banks to strain under the weight of tough lessons learned and heavy regulations. That created the perfect opportunity for financial......
PJ SOLOMON to Launch FinTech Group with the Hiring of Nate Stulman as Managing Director
Nate Stulman is a leading advisor to clients across the financial technology and financial services sectors PJ SOLOMON, a leading financial advisory firm and independently operated affiliate of Natixis, announced that Nate Stulman has joined the firm as a Managing Director to head its new FinTech Group. Mr. Stulman is......
Future FinTech Announces Shanchun Huang as New CEO
Future FinTech Group Inc., a company that engages in blockchain based e-commerce, announced that its board of directors appointed Mr. Shanchun Huang (also known as Shawn Shanchun Huang) as the Company’s Chief Executive Officer and a director of the Board, effective March 4, 2020. Mr. Yongke Xue resigned as the Chief Executive Officer of the Company......
iTrustCapital Reports 280% Increase in Accounts, Fueled by Tax-Savvy Cryptocurrency Investors
IRA investment platform iTrustCapital reports a massive 3X increase in sign-ups from January to February, as seasoned cryptocurrency investors flock to its low-cost platform. iTrustCapital executives identified two main reasons for this increase. First, cryptocurrency investors may be taking positions in advance of a potential bull run driven by institutional adoption......
Former U.S. Secretary of Commerce, Penny Pritzker, Doubles Down on Payments Infrastructure Pioneer Finix
Penny Pritzker, former U.S. Secretary of Commerce, Founding Partner of Inspired Capital, and Founder and Chairman of PSP Partners, has invested additional capital into fast-growing payments infrastructure provider, Finix, and has joined the company’s board of directors. Finix, a leader in embedded payments infrastructure, announced today that Penny Pritzker, former......
Nasdaq Acquires Institutional Investment Fintech Firm Solovis
Solovis will pair with eVestment to deliver investment data, portfolio analytics and monitoring across public and private markets Nasdaq, Inc. announced the acquisition of Solovis, a privately-held financial technology company offering multi-asset class portfolio management, analytics and reporting tools across public and private markets. Solovis solutions will be available through......