Global consulting firm Protiviti has released the findings of its annual Finance Trends Survey, which reveal CFOs and senior finance executives are facing a growing list of responsibilities and demands from internal stakeholders as the pandemic has stress-tested the finance labor model in real time.
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TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world’s most complex data-driven challenges. Today, TIBCO announced the appointment of Rani Johnson as chief information officer (CIO), joining the executive leadership of the company.
Masthaven Bank has announced the appointment of Jenna Hill as Head of Customer Services and Planning. Jenna has a wealth of financial services and operational experience and has been appointed to an expanded role as part of Masthaven’s ongoing commitment to support its growing customer base, create leading operational practices and a focus on continued improvement.
Today, FICO released a report from business information firm Arizent that examines the perceptions of hundreds of financial services leaders from banks and fintechs to better understand the banking industry’s progress towards digital transformation and its preparedness for digital disruption.
PXP Financial, the global expert in acquiring and payment processing services, today launches its ‘Supporting Businesses and Payments through COVID’ report, advising businesses in gaming, retail and hospitality on best payments practice throughout the ongoing COVID-19 pandemic.
Finastra today announced the availability of its next-generation data offering, Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitize processes for efficiency, and manage risk.
COVID-19: Going cashless for health
With fears that the COVID-19 virus can be spread by handling cash, public health and safety have necessitated the use of card payments. As a result, experts now predict that global non-cash transactions will surpass the $1 trillion mark by 2024.
Even before the pandemic, cash was beginning to die out in the UK – in 2019, cash made up less than a quarter (23%) of transactions in the UK.
PrimaryBid, the British fintech platform that connects retail investors with public companies raising capital, has closed a $50m Series B investment round from a leading group of investors. The fundraising follows a period of rapid growth in 2020 during which PrimaryBid helped U.K. retail investors access billions of pounds of corporate fundraisings during the COVID-19 pandemic, including FTSE 100 Compass Group, Ocado, Taylor Wimpey and Segro.
China's leading one-stop cross-border financial services and risk management company XTransfer announced that it has completed a Series C1 round of financing. The latest round was led by Telstra Ventures, together with MindWorks Ventures and existing investors.