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Payable Raises $6.1M to Modernise Business Payments

Payable, a payments operations platform for businesses, has raised $6.1 million in a funding round led by CRV and Earlybird.

Founded by Checkout.com vets Daniel Yubi and Razvan Musca, Payable has built a platform that lets firms connect their banks and automate payments from initiation to reconciliation with a single API and dashboard.

Wednesday, October 12, 2022 - 11:40
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/news/fundraising-news/payable-raises-61m-modernise-business-payments
Financial IT
11th Global Islamic Microfinance Forum to be held in U.A.E.

11th Global Islamic Microfinance Forum (GIMF) will convene in Dubai – U.A.E on November 21 -22, 2022 under the theme of “Financial Inclusion, Outreach Strategies & Innovations” to explore and discuss innovative financial inclusion strategies that can create clear pathways to poverty alleviation. This Apex event is jointly organized by AlHuda CIBE FZ LLE, Islamic Microfinance Network, Pakistan Microfinance Network and Wings Media “The Alliance to Promote Islamic Finance and Microfinance globally”.

Wednesday, October 12, 2022 - 11:31
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/news/islamic-finance/11th-global-islamic-microfinance-forum-be-held-uae
Financial IT
Cybersecurity Defies Current Macroeconomic Headwinds, with M&A Activity Predicted to Surpass pre-Covid Levels

The cybersecurity sector is leading the way for M&A and fundraising activity in 2022, says tech-focused investment bank ICON Corporate Finance, with deal activity for Q1-Q3 up 60% compared to 2020 for M&A and +22% for fundraising.

Wednesday, October 12, 2022 - 11:27
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/news/cybersecurity/cybersecurity-defies-current-macroeconomic-headwinds-ma-activity-predicted
Financial IT
Zumo Joins World Economic Forum’s new Crypto Sustainability Coalition

Zumo, the UK-based wallet and crypto-as-a-service enterprise solution provider, has announced at Sibos 2022 that it has become the latest member of the World Economic Forum’s Crypto Sustainability Coalition.

Part of the wider Crypto Impact and Sustainability Accelerator, the newly formed coalition will explore how blockchain tools can be leveraged to contribute to meaningful progress toward positive climate action.

Wednesday, October 12, 2022 - 11:22
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/news/e-wallets/zumo-joins-world-economic-forums-new-crypto-sustainability-coalition
Financial IT
Axerve at the IRX @ DTX+UCX Event in London: a Conversation with Spotify on Payment Orchestration

Axerve, Payment Partner to Grow and a specialist in creating accessible and frictionless payment solutions for E-commerce and physical sales, will be participating as a gold sponsor at the IRX @DTX+UCX event. Taking place at the ExCel on the 12th and 13th of October 2022, IRX (Internet Retailing Expo) is a benchmark Ecommerce event which will host a variety of key experts and industry-leading speakers and showcase the latest revolutionary technology within the E-commerce sector.

Wednesday, October 12, 2022 - 11:13
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/news/payments/axerve-irx-dtxucx-event-london-conversation-spotify-payment-orchestration
Financial IT
Joshua Read Joins Digital Identity Verification Provider OCR Labs Global as Chief Operating Officer

OCR Labs Global, a world leader in digital ID verification, has appointed Joshua Read as Chief Operating Officer, a key senior hire for its continued international expansion. Joshua joins with over 25 years of experience in leadership of operations, partnerships and sales in software, data and information and communications technology (ICT) organisations.

Wednesday, October 12, 2022 - 11:05
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/news/people-moves/joshua-read-joins-digital-identity-verification-provider-ocr-labs-global-chief
Financial IT
Sage Acquires Spherics to Help SMBs Measure and Cut Their Carbon Emissions

Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), today announces that it has completed the acquisition of Spherics, a carbon accounting solution to help businesses easily understand and reduce their environmental impact. 

Wednesday, October 12, 2022 - 11:01
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/news/accounting/sage-acquires-spherics-help-smbs-measure-and-cut-their-carbon-emissions
Financial IT
Temenos Launches Self-Service Financial Crime Mitigation on Temenos Banking Cloud

Temenos today announced that it is the first to market with a SaaS offering that enables banks to manage financial crime mitigation (FCM) with composable banking services on a secure, continually evolving, self-service platform.

Wednesday, October 12, 2022 - 10:58
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/news/banking/temenos-launches-self-service-financial-crime-mitigation-temenos-banking-cloud
Financial IT
Xpence - the Financial Management Platform Empowering MENAP SMEs- Launches its Expense Management Solution in the UAE

Xpence - the MENAP regions first financial management platform with embedded business banking solutions for SMEs - announces the launch of its expense management solution in the UAE – the second of five strategic markets it plans to launch in over the next 18 months.

Wednesday, October 12, 2022 - 10:51
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/news/management/xpence-financial-management-platform-empowering-menap-smes-launches-its-expense
Financial IT
Deutsche Bank and Fiserv Launch Vert - Germany's Newest Payments Company

Today, Deutsche Bank and Fiserv, a global leader in payments and financial services technology, have launched Vert, a comprehensive payment acceptance and banking services provider to small and medium-sized enterprises (SMEs). Vert is the only German provider to combine payment acceptance and processing and traditional banking solutions, meeting market demand for an integrated offering and streamlining access to innovative products for merchants of all sizes.

Wednesday, October 12, 2022 - 10:43
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/news/payments/deutsche-bank-and-fiserv-launch-vert-germanys-newest-payments-company
Financial IT

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