Tag : financial services

Pacific West Bank and Unit Announce Strategic Partnership
Banking News

Pacific West Bank and Unit Announce Strategic Partnership

PR Newswire
by PR Newswire0
Pacific West Bank (PWB), the wholly-owned subsidiary of Pacific West Bancorp and Unit, the leading banking-as-a-service platform, announced a strategic partnership. The partnership allows companies to embed banking services, provided by PWB, into their products through Unit’s industry-leading platform. “We’re excited to partner with Pacific West Bank as they share our......
ID.me Reaches User Milestone of 100 Million Digital Wallets
Digital Wallet News

ID.me Reaches User Milestone of 100 Million Digital Wallets

PR Newswire
by PR Newswire0
Nearly one-third of all Americans have created a digital wallet that can be used to access services and benefits ID.me, the secure digital identity network, announced that more than 100 million Americans have signed up for an ID.me Digital Wallet to speed access to services and benefits. ID.me’s Wallet implements......
Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System
Finance News Security

Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System

Fintech News Desk
by Fintech News Desk0
A new report published by the World Economic Forum explores how technology-driven risks originating in financial services sectors could become systemic threats to the global financial system. Pushing Through Undercurrents, developed in collaboration with Deloitte, examines how different forces influence the way tech-driven risks spread and offers approaches that financial services......
Visa, EQ Bank Join Board of Directors for Canadian Prepaid Providers Organization
Digital Payments News

Visa, EQ Bank Join Board of Directors for Canadian Prepaid Providers Organization

Business Wire
by Business Wire0
CPPO’s expanded board of directors signals Canada’s continued motivation to drive prepaid payments innovation and technology The Canadian Prepaid Providers Organization (CPPO), the collective voice of the nearly $9 billion open-loop prepaid payments industry in Canada, is proud to announce Visa and EQ Bank have joined its board of directors. Both companies will support the......
Authlete Raises $4 Million in Series A Funding from SBI Digital Asset Holdings
Digital Asset Management News

Authlete Raises $4 Million in Series A Funding from SBI Digital Asset Holdings

PR Newswire
by PR Newswire0
Authlete, the leader in implementing the latest digital identity and API security standards, announced that it has raised approximately US$4M (500 million Japanese yen) in Series A funding from SBI Digital Asset Holdings (SBI DAH), part of the Japanese conglomerate SBI Group. Authlete will use the funds to accelerate its global......
Reltime Scales its Web3 Financial Services Ecosystem Globally with Microsoft
DeFi News

Reltime Scales its Web3 Financial Services Ecosystem Globally with Microsoft

PR Newswire
by PR Newswire0
Reltime, a global leader in Web3, Layer 1 Proof of Authority Blockchain and Metaverse financial services platform has been selected by Microsoft’s Global Startups Program. The organizations will jointly bring Decentralized Finance (DeFi) and next generation financial services to telecom operators, retail chains and neo-banks, globally. Reltime has been accepted......
SoFi Technologies Acquires Leading Fintech Mortgage Lender, Wyndham Capital Mortgage
Mortgage News

SoFi Technologies Acquires Leading Fintech Mortgage Lender, Wyndham Capital Mortgage

Business Wire
by Business Wire0
Acquisition of industry-leading, fintech mortgage lender is intended to help SoFi scale mortgage growth, and create sales and operational efficiencies, while also introducing a broader suite of mortgage product offerings for SoFi members SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend,......
P97 Networks Receives $40 Million Growth Capital Investment from Portage
Finance Investment Services News

P97 Networks Receives $40 Million Growth Capital Investment from Portage

PR Newswire
by PR Newswire0
Funding will bolster strategic growth initiatives at P97, the leading mobile commerce platform focused on the auto, mobility, and retail fuel markets P97 Networks, the leading mobile commerce and digital marketing platform provider to the convenience retail, auto industry and fuel market, announced that it has raised $40M in equity financing led......
Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey
Banking Fintech News

Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey

Business Wire
by Business Wire0
Regula, a global developer of forensic devices and identity verification (IDV) solutions, has released the findings of the second phase of their survey, which explores the business impact of investing in IDV. The results indicate a significant gap in the cost of identity fraud between Banking and FinTech organizations around......
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