Search Results for: transaction volume

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
Digital Payments Finance Fintech News

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network

PR Newswire
by PR Newswire0
Huma Finance is transforming payment financing by utilizing real-world assets to deliver instant and borderless liquidity, enabling faster, more accessible, and more efficient financial solutions. Huma, the first Payment Financing (PayFi) network, announced that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation......
Artificial Intelligence Banking Finance Fintech Guest Posts Risk Management Robotic Process Automation Security

Winning the AI Race: How Payment Automation Prepares Financial Data for Machine Learning

David Guthrie
by David Guthrie0
By: David Guthrie, CTO, REPAY It’s no secret that exploring, adopting and leveraging AI technology has become the primary focus for many businesses in recent years. The much-discussed promise of AI’s potential to drive productivity and business value has led many businesses in various industries to adopt the technology for......
Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization
Finance Fintech Lending News

Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization

PR Newswire
by PR Newswire0
Deal backed by Achieve Personal Loans brings total securitization volume of Achieve assets to over $5.9 billion Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans. The securitization, ACHV ABS Trust 2024-2PL, includes four classes of rated notes......
HTX Ventures Invest in Vanilla Finance, Building Telegram DeFi Ecosystem
Cryptocurrency Finance News

HTX Ventures Invest in Vanilla Finance, Building Telegram DeFi Ecosystem

PR Newswire
by PR Newswire0
In alignment with its mission to drive innovation and advancement within the blockchain ecosystem, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Vanilla Finance. Vanilla Finance has distinguished itself by allowing users to own Bitcoin at a low cost. It has recently......
Compliance management Finance Fintech Guest Posts

Complaint Management and Compliance: Where AI and the Human Touch Coalesce in Fintech

John Sun
by John Sun0
The finance industry has officially entered the era of artificial intelligence (AI), with nearly two in every three Americans indicating that they want more AI embedded into their financial services. Today, fintech companies are using AI for everything from fraud detection, to credit scoring, to automating tasks and customer support.......
AEON Powers Alchemy Pay with Foundational Payment Infrastructure and Protocol
Digital Payments News

AEON Powers Alchemy Pay with Foundational Payment Infrastructure and Protocol

PR Newswire
by PR Newswire0
AEON, the next-generation modular payment protocol, has officially partnered with Alchemy Pay, the world-leading crypto payment solutions provider to bring new capabilities to the crypto payment and settlement landscape. This strategic collaboration aims to leverage AEON’s advanced payment protocol to enhance Alchemy Pay’s capabilities in facilitating seamless crypto-to-fiat transactions, bringing unparalleled efficiency and modularity to......
Ahlanas Launches An Open Source Api Server For Advanced Users
Cryptocurrency Finance Fintech News

Ahlanas Launches An Open Source Api Server For Advanced Users

EIN Presswire
by EIN Presswire0
An open-source crypto wallet is a type of cryptocurrency wallet whose source code is publicly available for anyone to view, modify, and distribute. This means that the wallet’s code is transparent and can be audited by advanced developers, security experts, and users to ensure its security, reliability, and functionality. Key......
Trustly, Inc. Appoints Payments Industry Veteran Adam D’arcy as CPO
Banking Digital Payments News

Trustly, Inc. Appoints Payments Industry Veteran Adam D’arcy as CPO

Business Wire
by Business Wire0
Trustly, the global leader in Open Banking Payments, is proud to announce the appointment of Adam D’arcy as Chief Product Officer (“CPO”). After processing $58 billion in transaction value globally and achieving 79 percent year-over-year growth in Total Payments Volume (TPV) in 2023, Trustly looks to reinforce its product team......
TerraPay forms council with leading Digital Wallets to accelerate Cross-Border Payments interoperability
Finance Fintech News

TerraPay forms council with leading Digital Wallets to accelerate Cross-Border Payments interoperability

PR Newswire
by PR Newswire0
TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions. Together, these operators serve millions of wallet users, spanning regions such as Bangladesh, Colombia, Kenya, Senegal, Tanzania and Uganda. The founding members......
Artificial Intelligence Featured Finance Fintech Lending Machine Learning Risk Management Security

How Are FinTech Solutions Revolutionizing Loan Approvals with Advanced Security Measures?

Prajakta Ayade
by Prajakta Ayade0
One of the most notable areas of innovation in fintech is in loan approvals, where advanced FinTech solutions are revolutionizing the process by incorporating cutting-edge security measures. This evolution not only accelerates loan approvals but also enhances the security of transactions, providing a seamless and secure experience for both, lenders......
1