Tag : financial technology

BMO Selects Five Innovative Companies for WMNfintech Program to Support Progress for Women-Led Startups
Fintech Fintech Startups News

BMO Selects Five Innovative Companies for WMNfintech Program to Support Progress for Women-Led Startups

PR Newswire
by PR Newswire0
Launched by BMO, WMNfintech is North America’s largest nonprofit fintech industry program for women-founded and women-led startups BMO and 1871 announced the five companies participating in its 2023 WMNfintech program, North America’s largest nonprofit fintech industry program for women-founded and women-led startups. Launched to bridge the gender gap in the startup and tech community, the program gives......
VoPay and Parvis Invest Bring Payment Solutions to Canadian Investors in $7.82T Real Estate Market
Digital Payments News

VoPay and Parvis Invest Bring Payment Solutions to Canadian Investors in $7.82T Real Estate Market

Business Wire
by Business Wire0
With the value of the real estate market reaching US$7.82tn this year, the leading provider of embedded financial technology solutions VoPay, joins forces with Parvis Invest Inc. to offer real estate investors a simpler, faster and more secure payment method than cheques or wire transfers. “Integrating EFTs can be complex, and working with a team......
Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
by Oliver Tearle0
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
Circle Singapore Obtained Major Payment Institution License
Digital Payments News

Circle Singapore Obtained Major Payment Institution License

PR Newswire
by PR Newswire0
Circle Internet Singapore Pte. Ltd., an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money transfer services in the city-state......
Momnt Partners with Cross River to Make Lending More Accessible
Banking Lending News

Momnt Partners with Cross River to Make Lending More Accessible

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, is excited to announce the launch of a partnership with Cross River Bank, a leading financial services and technology infrastructure provider that offers embedded financial solutions. Merchants on the Momnt platform......
Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models
Artificial Intelligence Finance News

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

Business Wire
by Business Wire0
Company unleashes the power of generative AI on its platform to ignite innovation at scale for millions of consumer and small business customers Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it is expanding its platform architecture to include a proprietary Generative AI operating system (GenOS) with......
Madison Dearborn Partners Completes Acquisition of MoneyGram
Fintech News

Madison Dearborn Partners Completes Acquisition of MoneyGram

PR Newswire
by PR Newswire0
MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, and Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram’s common stock has ceased trading and......
Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services
Banking News

Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services

PR Newswire
by PR Newswire0
Adyen increases the velocity of funds movement ‘untrapping’ 1 – 3 days worth of cash flow per customer empowering businesses and accelerating payments to end users Adyen, the global financial technology platform of choice for leading businesses, announces the launch of Payout Services. This offering enables Adyen’s customers to payout......
Worldpay From FIS and Affirm Team up to Expand Pay-Over-Time Solutions That Help Merchants Drive Growth
Digital Payments News

Worldpay From FIS and Affirm Team up to Expand Pay-Over-Time Solutions That Help Merchants Drive Growth

Business Wire
by Business Wire0
Multi-year partnership enables Worldpay clients to seamlessly integrate Affirm and offer flexible and transparent payment options Affirm, the payment network that empowers consumers and helps merchants drive growth, and global financial technology leader Worldpay from FIS, announced a multi-year partnership that will make Affirm’s Adaptive Checkout available to all eligible......
NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors
Fintech Fintech Funding News

NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors

Business Wire
by Business Wire0
NYMBUS, a premier provider of cutting-edge financial technology solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors. This round was led by global software investor Insight Partners and bolstered by additional investments from Nymbus clients ConnectOne......
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