FinTech Buzz
Fintech has redefined the banking and financial services to the next level. With the regular emerging trends surrounding the fintech arena, it gets difficult for CFO’s and tech-finance people to keep a hold onto the latest trends along with the added complexity of deciding what helps and what not. This is where we emerged for a solution. We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it our press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the most apt trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way.
#halfenhand #support #help #nation... - HalfenHand Foundation. #halfenhand #support #help #nation... - HalfenHand Foundation. Tegra118 Welcomes Tito Singh As Chief Revenue Officer. Tegra118, formerly Fiserv Investment Services, a leading provider of wealth and asset management technology solutions, recently acquired by Motive Partners Company, a specialist private equity firm, announced the appointment of Tito Singh as Chief Revenue Officer.
In his role, Tito will lead Tegra118’s global sales organization and focus on advancing the company’s growth vision, including opportunities for expansion into new wealth management solutions and financial services segments. Tito has dedicated more than 20 years of his career to technology and financial services where he held significant leadership positions overseeing high-performing sales organizations through critical transformation and new business channel development.
Most recently, he was Global Head of Sales at CRISIL, a leading analytics provider to the financial services industry. Prior to that, he spent 25 years in several sales and leadership roles at Refinitiv, formerly Thomson Reuters. Fintech Wise Announces Securing $5.7 Million. A Fintech company based out of the U.S, Wise has announced that the company has secured $5.7 million through a seed funding round, led by Rexhi Dollaku, Principal, Base10 Partners.
The round was also participated by Backed Capital, Two Culture Capital, The Fund, and Abstract Ventures along with notable angel investors like Jonathan Weiner, Inaki Berenguer, Lawrence Chu, and Michael Vaughan. Wise had launched the FDIC-insured business checking account in alliance with BBVA and was followed by this investment round. Wise was founded two years back in 2018 and has described itself as a fintech firm offering a seamless way of banking, paying, and getting paid to the modern businesses without having to go through any frustration, hassle, or anxiety.
Arjun further stated that the company will be seen using this investment to continue to develop the platform of Wise. TigerWit Announces Record Revenue In Latest Financial Year. UK-headquartered and award-winning global financial technology company TigerWit is pleased to announce that it has achieved record revenues of US$27.5m for their financial year ended 31st March 2020, up 24% from 2018/19.
TigerWit has also increased its global network of partnerships and expanded its presence in emerging markets globally. The successes of the last year and increase in revenue comes despite many challenges retail brokers have recently faced, in particular a more stringent regulatory environment that has changed significantly over the past 18 months across more mature jurisdictions.Fintech News Tim Hughes, CEO at TigerWit, said: Fintecbuzz. Fintecbuzz. Fintech OTCXN Rebrands To “Bosonic” OTCXN, U.S.
-based financial technology platform that eliminates risks in crypto currency and digital asset markets, has officially re-branded as Bosonic. In quantum physics, a “boson” is the force that serves as the glue that holds all matter together at the atomic level. Similarly, Bosonic is the glue between blockchain protocols and the transactional application ecosystem. Thirdware & Strategic IQ Announce Partnership. Thirdware Solution Inc.
(www.thirdware.com), a leading provider of digital transformation solutions, is announcing a major partnership with Strategic iQ Solutions (www.siqllc.com), a leader in Enterprise Performance Management (EPM) and Business Process Integration Solutions. “Strategic iQ brings credibility and deep functional knowledge in the area of Enterprise Performance Management (EPM). This combined with Thirdware’s 25 years of experience in successfully implementing EPM solutions globally, has the potential to bring world class solutions that can be truly transformational to the office of the CFO. We are very excited about this partnership and the profound and positive impact it can deliver to our customers jointly” remarked Bhavesh Shah, CEO, Thirdware Solution Inc.Fintech News How Strategic iQ and Thirdware will add value for clients This partnership will create a complimentary organization that can deliver optimal and effective full-service solutions for the office of the CFO.
Fintecbuzz. Discover Home Loans Named A Celent Model Bank 2020 Award Winner. Discover Home Loans has been named as the Celent Model Bank 2020 award winner in the Mortgage Lending category and is being recognized for innovating like a fintech.
Celent is a global research and advisory firm for the financial services industry. Their awards honor financial institutions for excellence in using technology to enhance the customer experience. “Discover Home Loans won the award by building a digital mortgage experience and simplifying and automating related processes. Customers can quickly and easily apply online, get evaluated for credit and available equity and receive accurate and personalized loan options,” said PK Parekh, senior vice president of Discover Home Loans. Grant Thornton Moves Intercompany Transactions To The Blockchain. Financial dealings between business entities within a company, commonly known as intercompany transactions, account for 30% to 40% of the global economy, equaling almost $40 trillion annually.
In response, Grant Thornton LLP has launched inter.x, a unique offering that uses blockchain technologies to provide transparency for intercompany transactions. $515 Million Raised For Second Fund Investment. Andreessen Horowitz, the Silicon Valley venture capital firm has announced raising $515 Million for second fund investment in blockchain and cryptocurrency.
Andreessen Horowitz was founded in 2009 by Marc Andreessen and Ben Horowitz and since then has been a highly successful and prolific venture capital firm. The investments of Andreessen Horowitz include Airbnb Inc., Appito Inc., Coinbase Inc., Skype Inc., and Stripe Inc., among others. Investment in blockchain technology is the focus of this fund. Where bitcoin left off, payment blockchains are picking it up by solving the settlement transaction times and currency volatility, as the company believes. The blockchain technology doesn’t require a bank account for payment or a fee-extracting infrastructure of banks like the existing systems.
Houlihan Lokey Further Builds Its Corporate Finance Capabilities. Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Christian Lunny has joined the firm’s Corporate Finance business as a Managing Director.
He is based in Sydney and will assist the firm’s mid-cap corporate and financial sponsor clients, focusing in part on the healthcare, consumer, and retail sectors. Mr. German Blockchain-anchored Data Security Company. German blockchain-anchored data security start-up Ubirch is on course for internationalization and is thus consistently pursuing its growth strategy.
As a Cyber-Security Technology-Leader for IoT, Ubirch sees great potential in a strong link to the Israeli Ecosystem, known as the leading Cybersecurity Market in the World. When it comes to the size and depth of innovation, Israel can count itself among the world leaders: In 2019, Israel ranked tenth among the most innovative countries in the world (Global Innovation Index). The Bloomberg Innovation Index 2019 named Israel the fifth most innovative economy in the world. International technology giants such as Intel, IBM, Google, Facebook, SAP and Microsoft operate research and development centers in Israel. The Ubirch solution works similar to sealing a contract at the office of a sworn-in notary. Stephan Noller, CEO of Ubirch: “Israel is one of the most innovative nations and among the global leaders in the cyber security sector. Abrigo Adds Transparent Artificial Intelligence Scenarios. Abrigo, a leading provider of compliance, credit risk, lending, and asset/liability management solutions, today announced upgrades to BAM+, its financial crimes detection software, including the addition of five transparent artificial intelligence/machine learning (AI/ML) anti-money laundering (AML) scenarios and the ability to direct file Suspicious Activity Report (SAR) and Currency Transaction Report (CTR) batches to FinCEN.
Abrigo developed each enhancement to enable users to work more efficiently while handling fewer false positives so they can focus on truly suspicious activity. With the new upgrade, users will have access to: Automated Financial Systems, Inc. Celebrates 50 Years. Today, Automated Financial Systems, Inc. (AFS®) celebrates 50 years of innovation! Founded on April 29, 1970, AFS revolutionized the banking industry with software focused on seamless, efficient commercial loan management that provided accurate and consistent loan accounting to banks and other financial services companies—an approach that changed the face of commercial loan processing.
Since then, AFS has never stopped innovating, recognizing shifts in the industry and developing solutions to meet those requirements, a history of technological advances that culminated in the industry’s only real-time, end to end, fully digital and mobile commercial lending system—AFSVision®. AFS is known for commercial lending solutions designed to fit seamlessly into a bank’s ecosystem, providing real-time loan management from Loan Origination through Booking and beyond. Now, AFS looks to the next 50 years of innovation, with the vision to see the future, and the experience to get you there. Palisades Growth Capital Successfully Exits Ownership. Palisades Growth Capital, a growth equity investment firm based in Los Angeles, today announced that it has sold its ownership interest in its portfolio company Docupace, the leading independent provider of cloud-based digital operations software for the wealth management industry, to FTV Capital. Financial terms of the transaction were not disclosed.
Mark Tapling, CEO of Docupace, commented, “It was a pleasure to work with Palisades Growth, whose guidance and capital helped enhance the intrinsic value of our business. Mogo Provides Business Updates. Mogo Inc. (TSX: MOGO) (NASDAQ: MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today provided an update on its business performance and measures the Company is taking in response to the ongoing COVID-19 pandemic.
“Like many companies, we’ve had to quickly adapt and make some difficult but necessary decisions as a result of the emerging effects of the coronavirus. I’m proud of how our team has managed the transition and the tremendous commitment they have shown to serving our customers in these challenging times,” said David Feller, President and CEO of Mogo. “We are taking actions to better position Mogo to manage through the current challenging environment, including steps to accelerate our path to positive cash flow. Agora Services To Launch Its White Label Teen Account As An App. Agora Services is working to include its white label Teen Account (“Agora Junior”) in Finastra’s FusionStore. The app is currently being integrated with Finastra’s open APIs on Finastra’s platform for open innovation, FusionFabric.cloud. Intellicheck Offers Free Fraud Protection.
Intellicheck, Inc. Agora Services To Launch Its White Label Teen Account As An App. Bookkeepers.com & The Freelance Bookkeeper Announce The Merger. Bookkeepers.com and The Freelance Bookkeeper today announced the merger of their business operations. The businesses will operate under the brand Bookkeepers.com. Founded in 2008 by Bookkeeping Professional Gabrielle Fontaine, The Freelance Bookkeeper was first formed as a blog, as a result of numerous requests from fellow bookkeepers who wanted to work totally virtually.Banking News. FIS Accelerates Innovation With $150 Million. Financial technology leader FIS™ (NYSE: FIS) announced today that FIS Ventures, the newly created corporate venture investment division of FIS, has launched an effort to invest a target of $150 million in promising fintech startups over the next three years.
FIS Ventures will invest globally in early to growth-stage fintech startups with a focus on emerging technologies such as artificial intelligence and machine learning, digital enablement and automation, data and analytics, security and privacy, distributed ledger technology, and financial inclusion. In addition to capital investments, FIS Ventures will actively partner with these companies, providing proprietary access as appropriate to FIS’ global reach and scale, operating expertise, diverse customers and channel partners to help fulfill their long-term growth ambition.
The Financial Data Exchange Continues To Grow. As the Financial Data Exchange (FDX) continues to grow its membership and dedicated leadership team, FDX is pleased to announce the appointment of Tom Carpenter as Director of Public Affairs and Marketing. Carpenter previously served as the chair of FDX’s Government Affairs Taskforce. ChartIQ Unveils Real-Time Term Structure Graph. ChartIQ, a financial technology company that delivers software to help the finance world work smarter, today introduced its Term Structure Graph for the fixed income and derivatives markets. Introducing The Wealth Access + RightCapital Integration. Sperax Is Aiming To Enable Decentralized Financial Services. While the global economy is being severely impacted by the coronavirus crisis, Sperax, a Silicon Valley-based blockchain company, is aiming to build a trusted infrastructure for a decentralized economy that may provide far greater efficiency, flexibility and self-governance than the traditional economic model.
With its innovative BDLS consensus protocol, Sperax offers a high-performance module that is more secure than other BFT based consensus protocols, such as Cosmos Tendermint, Polkadot Grandpa and Ethereum Casper. Intercontinental Exchange Appoints David Clifton As Interim CEO Of Bakkt. Intercontinental Exchange, Inc.
Moody’s Analytics RiskCalc™ And CMM Solutions Complete SOC 1. Grab some brewing coffee and watch our beloved short film "Coffee. Your lockdown entertainment power combo is here! Coffee and Purple now streaming on Youtube! Go catch it now! @SharadK7 @manishmischief @zoamorani @harshitakarkare @FilmPriyanshi @SreejitaDe3 @sanhitajoshi @iRidhiDogra @scorp_sid @arorasammeer. Dama Financial Launches CashToTax Solution. #halfenhand #support #help #nation... - HalfenHand Foundation. The lockdown can be lonely and... - Priyanshi Films & Entertainment.
We know you are bored! and we can't stop... - Priyanshi Films & Entertainment. Your lockdown entertainment power combo... - Priyanshi Films & Entertainment. Wirecard And Visa Collaborate On Visa Fintech Fast Track Program. Hubpay Announces Its Seed Round. NFP Acquires Johnson Fleming Group Limited, Expands Presence. USA Technologies Board Of Directors Issues Statement. We know you are bored! and we can't stop entertaining you! Purple is now streaming on Youtube! Entertain yourself with this twisted tale of love! don't forget to grab your popcorn beforehand! @SharadK7 @manishmischief @zoamorani @harshitakarkare @FilmPriy. The lockdown can be lonely and frustrating? But what if we tell you we can take you through the gushing memory lanes of your first love? Grab some brewing coffee and watch our beloved short film "Coffee. Fintecbuzz. E*TRADE Earns Top Marks In Investopedia’s 2020 Online Broker Review. Your lockdown entertainment power combo is here! Coffee and Purple now streaming on Youtube! Go catch it now! @SharadK7 @manishmischief @zoamorani @harshitakarkare @FilmPriyanshi @SreejitaDe3 @sanhitajoshi @iRidhiDogra @scorp_sid @arorasammeer.
Bloom Releases Free Credit Score Monitoring & Smart Identity. ATA RiskStation Selects FinMason To Deliver Lipper Data Via API. SharperLending® Partners With Property Interlink. Pintec Joins Hands With International Technology Giants. Phoenix American Announces Updated Brand Image. Financial Times Names Homesnap ' Fastest-Growing Companies For 2020. Michael Holland Joins TCI Business Capital. REPAY Announces Partnership With TurnKey Lender. The Halfen Hand found has expanded its... - HalfenHand Foundation. Envestnet Offers Complimentary Access To MyBlocks™ Planning Tool. Mastercard Commits $250 Million To Support Small Business. Hong Kong’s First Virtual Bank Selects Wolters Kluwer’s OneSumX. Micronotes.ai Gives Free Software To 20 Banks In 20 Days. Steve Scott Hired By Taulia To Look After The APAC Region. Priyanshi Film & Entertainment on Instagram: “We know you are bored! and we can't stop entertaining you! Purple is now streaming on Youtube! Entertain yourself with this twisted tale of…”
James Ruotolo Joins Grant Thornton To Bolster Fraud Risk. SoFi To Acquire Galileo Financial Technologies. Miracle Mile Advisors Named ’ Fastest Growing Companies. Fintecbuzz. Priyanshi Film & Entertainment on Instagram: “The lockdown can be lonely and frustrating? But what if we tell you we can take you through the gushing memory lanes of your first love?…” Priyanshi Film & Entertainment on Instagram: “Your lockdown entertainment power combo is here! #Coffee and #Purple now streaming on Youtube! Go catch it now! @sharadkelkar…”
Dynasty Financial Partners Names Harvey Golub As Non-Executive Chairman. Payfone Ranked In The Americas' Fastest Growing Companies. CIT Completes Acquisition Of Mutual Of Omaha Bank. MoonPay Adds Cybersecurity Veteran Nils Puhlmann. CreditEase Wealth Management Wins Five Best Wealth Manager Awards. Fintecbuzz. BMO Financial Group Completes Acquisition Of Clearpool Group, Inc. How AI Can Predict Churn In The Financial Services Industry. The Mogharebi Group Receives CoStar 2019 Power Broker Award. Ellen Richey Appointed To Green Dot Board Of Directors. Salesforce Partner, Accounting Seed, Donates Software. Baker Hill Releases New Baker Hill NextGen® SBA Fast Track. OppLoans Wins 2020 FinTech Breakthrough Awards. Midwest BankCentre Honored As Celent’s Model Bank 2020.
SmartAsset Launches ‘Live Connections’ Banner Bank Expands Pandemic Relief And Support Initiatives. Everee Raises $10 Million In Series A Funding. OppLoans Wins 2020 FinTech Breakthrough Awards. Huobi Launches Its Own Blockchain In Public Beta. Senso Token Lists On The Top Ten HitBTC Cryptocurrency Exchange. Fintech Veteran Jeff Winner Joins The Happy Money Movement™ HouseCanary Acquires Real Estate Technology Startup Dropmodel. Citisoft Announces New Leadership In UK Practice. Fintecbuzz. Fintecbuzz. Fintecbuzz. Fintecbuzz. Payroc’s Free Marketing Services Help SMBs Fight For Survival. HKIB For The First Time Welcomes Six Local Virtual Banks. KuCoin Launches Project Pinocchio With Blockchain Institutions.
Metal Pay Partners With TRON Allowing TRX To Be Bought Instantly. SS&C ALPS Advisors Announces New REIT Dividend Dogs ETF.