Tag : banking

Bureau Extends Series a Funding to $16.5 Million With GMO Venturepartners as It Scales Globally
Compliance management News Security

Bureau Extends Series a Funding to $16.5 Million With GMO Venturepartners as It Scales Globally

PR Newswire
by PR Newswire0
Revenues and customer growth increased 6x in the last 12 months as GMO VenturePartners adds $4.5M to the existing $12M series A. Bureau eyes strategic partnership with GMO Payment Gateway and acquires YC-backed identity verification startup inVOID to enhance its global coverage, widen its IP scope and broaden its tech stack. Fraud and identity decisioning platform Bureau announced......
Kelly Johnston Returns to Mechanics Bank to Lead Wealth Management Unit
Banking News

Kelly Johnston Returns to Mechanics Bank to Lead Wealth Management Unit

Business Wire
by Business Wire0
Accompanying her are private banking professionals Phil Donnici and Lauren Goeppert Mechanics Bank has appointed Kelly Johnston as executive vice president and director of wealth management. The industry veteran will lead the Bank’s longtime Wealth Management unit, with a focus on providing additional offerings in trust and estate services, retirement......
Temenos Completes Certification for Federal Reserve’s New Instant Payment Service
Banking Digital Payments News

Temenos Completes Certification for Federal Reserve’s New Instant Payment Service

GlobeNewswire
by GlobeNewswire0
Temenos participates in the FedNow Service pilot, enabling faster payments on a flexible, cloud-native platform Temenos announced that it has successfully completed certification for the FedNow Service, the Federal Reserve’s new instant payment offering launching in July 2023. Through Temenos’ flexible, cloud-native Payments Hub, banks can support the FedNow service......
Tachyum Presents Paper on Prodigy Processors in Blockchain for Banking and FinTech
Banking Blockchain News

Tachyum Presents Paper on Prodigy Processors in Blockchain for Banking and FinTech

Business Wire
by Business Wire0
Tachyum released a paper “Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy” explaining how Prodigy, the world’s first Universal Processor, can transform transactional banking while minimizing the monetary and environmental costs of blockchain’s electrical energy requirements. “Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy” With Blockchain, transactions are transmitted directly from......
CIBC Innovation Banking Provides €12m Financing Package to Language Technology Business Phrase
Banking News

CIBC Innovation Banking Provides Growth Capital to ConnectCPA

Business Wire
by Business Wire0
CIBC Innovation Banking is pleased to announce it has provided growth capital financing to ConnectCPA, an industry leading provider of cloud-based accounting and bookkeeping services. The financing will be used to propel ConnectCPA’s product development and expand its market footprint. Latest Fintech Interview: Global Fintech Interview with Ramy Ashour, Global......
60 Percent of Consumers Turn to Fintech Apps Before Accountants as Digital Adoption Soars
Finance Fintech News

60 Percent of Consumers Turn to Fintech Apps Before Accountants as Digital Adoption Soars

Business Wire
by Business Wire0
Capterra research reveals that banking and payment apps are the most popular, but consumers still seek pros for more complex tasks Fintech apps have simplified financial management and their capabilities are expected to be amplified with AI. According to Capterra’s 2023 Fintech Survey of over 870 consumer fintech users, 60% of respondents......
Simplifai Launches World-First Generative AI Tool for Insurance
Artificial Intelligence InsurTech News

Simplifai Launches World-First Generative AI Tool for Insurance

PR Newswire
by PR Newswire0
The first custom-built AI GPT tool for insurers offers ChatGPT-like enhanced decision making for automated claims management, while maintaining privacy and data security Simplifai, an AI automation solutions provider, launches Simplifai InsuranceGPT – a world-first custom-built GPT tool, fuelled by the company’s revolutionary no-code AI-powered platform. With InsuranceGPT, Simplifai has......
Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia
Banking News

Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia

Business Wire
by Business Wire0
Private Banking Adds to Wealth Management and Corporate Advisory & Banking Teams The Private Banking arm of Brown Brothers Harriman & Co. (BBH) is pleased to announce the expansion and strengthening of its Wealth Management and Corporate Advisory & Banking teams in Philadelphia with the recent hiring of Tom Hyland, Patrick Gleeton, and Luke Hirneisen.......
Canadian Tire Bank Expands Relationship with Temenos and Moves to Temenos Banking Cloud
Banking News

Canadian Tire Bank Expands Relationship with Temenos and Moves to Temenos Banking Cloud

GlobeNewswire
by GlobeNewswire0
The financial arm of one of the largest Canadian retail companies adopts SaaS to accelerate its digital transformation and power new business models Temenos announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos......
BalancedComp Rolls Out New App to Incentivize and Retain Banking and Credit Union Workers
Finance News

BalancedComp Rolls Out New App to Incentivize and Retain Banking and Credit Union Workers

PR Newswire
by PR Newswire0
BalancedComp, an industry-leading compensation consulting company for banks and credit unions, is excited to announce the launch of its latest product, BalancedRewards. This innovative web application is designed to help financial institutions attract, incentivize, and retain employees by enhancing their total employee rewards proposition with a sophisticated, self-funding corporate incentive program that......
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