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YouLend Study Finds that Female-led SMEs are More Likely to Secure Financing from Embedded Finance Providers

A new report by YouLend, a leading global embedded finance platform, conducted in partnership with Experian, the world’s leading global information services company, found that YouLend attracted 12% more applications from female-led businesses and was more than twice as likely to finance female-led businesses than the UK aver

Thursday, August 3, 2023 - 06:39
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Financial IT
The Future of Payments In The Travel Industry

Every year there are nearly 3 billion airline payment transactions take place around the globe with a total value of $1 trillion. According to a recent report from McKinsey, although these payments represent huge value to the travel industry, they cost the airline industry over $20 billion a year. This amounts to about 3% of airlines total revenue but more importantly 78% of the industry’s net profit.  

Wednesday, August 2, 2023 - 15:54
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Financial IT
ESG and Sustainable Investments for Financial Institutions Conference to Take Place in New York

Leading financial experts and industry professionals are set to gather in New York from November 13th to November 15th, 2023, for the highly anticipated GFMI ESG and Sustainable Investments for Financial Institutions conference. Hosted by marcus evans Conferences, the event will provide a comprehensive overview of the global regulatory environment within Environmental, Social, and Governance (ESG) investing and its influence on North America.

Wednesday, August 2, 2023 - 15:35
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/news/investment/esg-and-sustainable-investments-financial-institutions-conference-take-place-new
Financial IT
Sezzle Awarded on the CNBC World’s Top Fintech Companies 2023 List

Sezzle, a leader in the digital payments industry, has been recognized on CNBC’s list of World’s Top Fintech Companies 2023. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider.

Wednesday, August 2, 2023 - 14:54
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Financial IT
Clearstream Signs on to Regnology’s Rcloud Platform for Regulatory Reporting

Regnology, a leading software provider with a focus on regulatory reporting solutions, announced today that its client Clearstream Banking AG, central securities depository and leading provider of global post-trade services, has signed on to use its Rcloud technology (powered by Google Cloud Platform (GCP)). While the migration is still subject to regulators’ approvals, Clearstream’s intent to move from on-premise regulatory reporting to the cloud highlights the reliability and security of the Rcloud platform.

Wednesday, August 2, 2023 - 14:51
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/news/regtech/clearstream-signs-regnologys-rcloud-platform-regulatory-reporting
Financial IT
Automotive Financing Provider GoFi Selects Provenir’s Data and Decisioning Platform

Provenir, a global leader in risk decisioning software, announced today that GoFi, LLC, a leading U.S. consumer automotive financing provider, has selected and implemented Provenir’s Data and Decisioning Platform to assess applicant credit risk quickly for real-time financing approvals.

Wednesday, August 2, 2023 - 14:45
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/news/risk-management/automotive-financing-provider-gofi-selects-provenirs-data-and-decisioning
Financial IT
Converge Insurance Raises $15 Million in Series A

Converge Insurance, pioneers in advanced cyber risk management and underwriting, announced $15 million in Series A funding from Forgepoint Capital. Forgepoint Managing Directors Don Dixon and Andrew McClure have joined the company’s Board of Directors as part of the financing.

Wednesday, August 2, 2023 - 13:47
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/news/fundraising-news/converge-insurance-raises-15-million-series
Financial IT
Global and Singapore Fintech Funding Reduced, Alongside Dip in Late Stage Funding, Given Rising Interest Rates and Economic Headwinds

In the first six months of 2023, Singapore fintechs raised US$934 million across 84 deals in mergers & acquisitions (M&A), private equity (PE), and venture capital (VC), according to the KPMG Pulse of Fintech H1'23 - reflecting a 41 per cent fall from US$1.6 billion across 117 deals in H2'22. Global trends echo local analysis with total funding and the number of deals dropping, from US$63.2 billion across 2,885 deals in H2'22 to US$52.4 billion in across 2,153 deals in H1'23.

Wednesday, August 2, 2023 - 13:01
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/news/investment/global-and-singapore-fintech-funding-reduced-alongside-dip-late-stage-funding-given
Financial IT
CPUcoin and Wire Network Partner to Power Edge-ready Decentralized Computation at Scale

Wire Network, a leader in cross-chain infrastructure for decentralized applications, today announced its strategic partnership with 

Wednesday, August 2, 2023 - 12:05
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/news/blockchain/cpucoin-and-wire-network-partner-power-edge-ready-decentralized-computation-scale
Financial IT
Flutterwave Expands Remittance Capabilities in the US, Canada, Egypt and Rebrands $end to Send App by Flutterwave

Flutterwave, Africa’s leading payments technology company, today announced the enhancement of its $end Mobile product, now Send App by Flutterwave, to facilitate faster, easier, and more affordable money transfers from people in the diaspora to their families, friends, and loved ones in Africa. Send App now supports transfers from US and Canada and has added new recipient countries namely Egypt and Sénégal in its network. Launche

Wednesday, August 2, 2023 - 11:59
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/news/payments/flutterwave-expands-remittance-capabilities-us-canada-egypt-and-rebrands-end-send-app
Financial IT

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