Tag : Funds

ACH Network Prepared to Deliver Economic Impact Payments to Americans Via Direct Deposit
Banking Digital Payments News

ACH Network Prepared to Deliver Economic Impact Payments to Americans Via Direct Deposit

Fintech News Desk
Statement from Nacha, the Administrator of the ACH Network, on the Passage of the American Rescue Plan Act President Biden has signed into law the American Rescue Plan Act, which provides for direct payments to many Americans. These payments will largely be delivered electronically by Direct Deposit over the ACH......
Skrill Debuts Fiat-To-Crypto Withdrawal Service
Banking Cryptocurrency Fintech InsurTech News Risk Management

Skrill Debuts Fiat-To-Crypto Withdrawal Service

Fintech News Desk
Digital payments provider Skrill, part of the integrated payments platform Paysafe, has announced a new feature for its digital wallet that enables users to withdraw funds directly to a cryptocurrency address of their choice. Read More: GlobalFintechSeries Interview with Rohit Arora, CEO at Biz2Credit For the first time, Skrill customers......
Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū
Business Fintech Fintech Funding News

Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū

Fintech News Desk
Acquisition will Strengthen and Expand Portfolio BI’s Offering to include FinTech Managed Cloud Services, Data Science, and DevOps Portfolio BI, a leading provider of front-to-back solutions for order management, portfolio management, data management, and reporting for the buy-side, announced it has completed the acquisition of HentsÅ«, a global provider of......
ME Becomes WE
Business Fintech Lifestyle News

ME Becomes WE

Fintech News Desk
ME Bank’s shareholders have unanimously agreed to accept a $1.325 billion all-cash offer from BOQ, one of Australia’s leading regional banks. The ME brand, people, operations, and Melbourne-based presence will be retained, reflecting BOQ’s multi-brand strategy and the commitment of both banks to retain their common customer-centric ethos and values.......
VTB Applies AI Model to Clamp Down on Payment Card Fraud
Artificial Intelligence Fintech News

VTB Applies AI Model to Clamp Down on Payment Card Fraud

Fintech News Desk
VTB is implementing a new model based on AI to prevent fraudulent card transactions: a machine learning algorithm trained on more than 10,000 parameters detects 1.5 times more attempts by attackers to commit fraudulent transactions compared to previous operating systems. The model, developed by VTB’s internal AI specialists, analyses the......
Instant Pay Fintech Clair Joins Cardtronics’ Allpoint Network of Surcharge-Free ATMs
Business Fintech Fintech Funding News

Instant Pay Fintech Clair Joins Cardtronics’ Allpoint Network of Surcharge-Free ATMs

Fintech News Desk
Clair Users Now Have Fee-Free Cash Access at Over 55,000 Allpoint ATMs Cardtronics today announced a new partnership with Clair, a social impact fintech focused on helping American hourly workers lead better financial lives, to give Clair members surcharge-free cash access through its retail-based network of over 55,000 Allpoint ATMs. Read......
Expensify.org is Accepting Proposals, Awarding up to $100K to 10 Campaigns Fighting Injustice
Business Fintech Fintech Funding News

Expensify.org is Accepting Proposals, Awarding up to $100K to 10 Campaigns Fighting Injustice

Fintech News Desk
Expensify.org, a 501(c)(3) charity with a fully transparent direct-giving model, seeks to award up to $100,000 in matching funds to ten grassroots movements that help create a fairer, more inclusive, and just world. Anyone can submit a proposal by April 30, 2021, but all proposals must focus on fighting injustice......
Barclays Data: 2020 Highest Ever Year for Scams
Banking Business Fintech News

Barclays Accelerator Welcomes New York Class of 2021

Fintech News Desk
Barclays is excited to introduce the latest class of FinTech-focused startups that will join the 2021 New York Barclays Accelerator, powered by Techstars. Established in 2014, this intensive 13-week program is designed to fast-track the next generation of FinTechs. Participating companies will collaborate with a team of Barclays executives, the......
Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest
Capital Markets Fintech Fintech Funding News

Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest

Fintech News Desk
Transformational first transaction for Kasada demonstrating its support for and belief in the recovery of the hospitality sector Eight hotels across three countries: Ivory Coast, Senegal and Cameroon Kasada to become one of the largest hotel owners in West Africa Funds advised by Kasada Capital Management today announced the first......
Barclays Launches BARX Book for Equities, a New Single-Dealer Platform Developed in Partnership With Nasdaq
Business Fintech News Trading

Barclays Launches BARX Book for Equities, a New Single-Dealer Platform Developed in Partnership With Nasdaq

Fintech News Desk
Barclays today announced the launch of BARX Book for Equities, a new single-dealer platform developed in partnership with Nasdaq. Hosted by Nasdaq on its leading market technology infrastructure, BARX Book for Equities provides institutional clients access to the bank’s unique, principal liquidity for U.S.-listed single names and exchange-traded funds, and is Barclays’......
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