Tag : finance technology

KIRA Closes an Oversubscribed $2.2M Private Round Led by Top Blockchain Investors
Blockchain Fintech Investment Services News

KIRA Closes an Oversubscribed $2.2M Private Round Led by Top Blockchain Investors

Fintech News Desk
by Fintech News Desk2
Kira, a decentralized finance technology company, successfully closed its Seed round only two weeks ago, backed by the private equity firm Ascensive Asset Management and Alphabit Fund. Last week, the team has closed an oversubscribed $2.2M Private round, which was led by BTC12 Capital, backed by TRG Capital, NGC Ventures and Origin Capital. After closing the sold-out rounds, investors on......
Ping An Bank named World's Best Digital Bank
Banking Fintech Mobile Banking News

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) won the “Asia’s Best Digital Bank” award in Euromoney’s Awards for Excellence 2020. Ping An Bank is China’s first bank to receive this award. Previous......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Business Capital Markets Fintech News

TransferGo Champions Frictionless ID Verification with SumSub and Veriff

Fintech News Desk
by Fintech News Desk0
Key partnerships will support seamless customer experience and deliver increased service reliability TransferGo, one of the world’s fastest-growing money transfer companies, today announces a partnership with robust, end-to-end ID verification companies SumSub and Veriff. Through SumSub and Veriff’s technology, TransferGo will be able to verify a customer’s identity and prevent......
IBM and Bank of America Advance IBM Cloud for Financial Services, BNP Paribas Joins as Anchor Client in Europe
Artificial Intelligence Banking Fintech News Risk Management

IBM and Bank of America Advance IBM Cloud for Financial Services, BNP Paribas Joins as Anchor Client in Europe

Fintech News Desk
by Fintech News Desk0
IBM announced that several global banks including BNP Paribas, one of Europe’s largest banks, will join a growing ecosystem of financial institutions and more than 30 new technology providers adopting IBM Cloud for Financial Services. Today’s news also marks a significant milestone in IBM’s collaboration with Bank of America, with the availability of......
Banking Fintech Guest Posts

Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant

Johanna Pugh
by Johanna Pugh0
Giants have fallen when they reacted too slowly to changing consumer needs. Kodak, despite developing the first digital camera, did not believe digital photography would dominate the market, and therefore did not leverage the opportunities their discovery offered. They chose to focus on film, not innovation, and fell after a......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Banking Big Data Currency Exchange Fintech News

Paysafe’s Skrill Extends Knect Loyalty Program to U.S. Customers

Fintech News Desk
by Fintech News Desk0
U.S. digital wallet users now better connected to online and offline payments with new subscription-free rewards program for transactions Paysafe, a leading specialized payments platform, today announced the U.S. expansion of the global Knect loyalty program for its Skrill digital wallet. U.S. Skrill customers can now earn free points redeemable......
Banking Featured Fintech

A Few Interesting Reads on Finance and FinTech

Tanika Mehrotra
by Tanika Mehrotra0
In view of the current Covid-19 pandemic, FinTech firms are enhancing their traditional methods and trying to adapt to modern needs by innovating in different segments, be it payments, digital banking, machine learning, gamification, and more. The importance of saving money or investing money has never felt more important, not......
Banking Cryptocurrency Featured Fintech Fintech Startups

Banking Apps Are Going to Redefine Personal Banking and Finance

Fintech News Desk
by Fintech News Desk0
With users dealing with different kinds of banking functions and needs everyday, there has been rapid integration of finance technology in the banking sector, to help individuals and companies have a better overall banking experience. One such development in the banking and finance sector over the years has been the......
Banking Featured Fintech Fintech Startups

Embracing Disruptions in Financial Services this 2020 and Beyond

Paroma Sen
by Paroma Sen0
Fintech has been disrupting the overall structure and competitive environment within the finance sector and related markets over the last few years, in a big way. With the worldwide spread of the Covid-19 pandemic, businesses have had to change how they function; regulatory frameworks and newer innovations and demand for......
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