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Alloy Announces $52 Million in Additional Series C

Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation.

Lightspeed Venture Partners and Avenir Growth led the funding with participation from Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures.

Friday, September 2, 2022 - 11:17
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/news/fundraising-news/alloy-announces-52-million-additional-series-c
Financial IT
BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card

BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is designed keeping in mind the purchase behaviour of shopping enthusiasts and will offer a host of attractive benefits and rewards.

Friday, September 2, 2022 - 11:09
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/news/p-cards/bob-financial-and-snapdeal-launch-co-branded-jcb-rupay-contactless-credit-card
Financial IT
Changes at the Top for NeoXam as COO Takes on Group MD Role

NeoXam, a leading financial software company, has announced a senior leadership promotion, with Florent Fabre stepping into the position of Group Managing Director

With more than 20 years in the financial software industry, Florent has served as NeoXam Chief Operating Officer and member of the Executive Committee since April 2015.

Friday, September 2, 2022 - 10:53
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/news/people-moves/changes-top-neoxam-coo-takes-group-md-role
Financial IT
Cornerstone FS Acquires Specialist FX and Treasury Consultancy Pangea FX Limited

Cornerstone FS, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited (“Pangea”), a specialist FX and treasury consultancy (the “Acquisition”). The total consideration payable for the Acquisition is up to £200,000 (dependent upon future performance), which is to be satisfied by cash and loan notes.

Friday, September 2, 2022 - 10:44
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/news/payments/cornerstone-fs-acquires-specialist-fx-and-treasury-consultancy-pangea-fx-limited
Financial IT
Rabobank Australia and New Zealand Inks Deal with nCino

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that 

Friday, September 2, 2022 - 10:37
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/news/banking/rabobank-australia-and-new-zealand-inks-deal-ncino
Financial IT
Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform

Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has completed its digital banking implementation with Helena, Mont.-based Rocky Mountain Credit Union (RMCU) to provide an improved and seamless digital banking experience for the credit union’s members.

Friday, September 2, 2022 - 10:28
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/news/digital-banking/rocky-mountain-credit-union-successfully-launches-mahalos-digital-banking
Financial IT
NEAR Foundation Launches Learn and Earn Programme With Coinbase

NEAR Foundation, the Swiss non-profit that oversees the development of the NEAR Protocol, a next-generation high-speed, low-fee, carbon-neutral blockchain, announced a new campaign to help educate people on the utility of its native NEAR token with Coinbase. 

Friday, September 2, 2022 - 10:21
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/news/blockchain/near-foundation-launches-learn-and-earn-programme-coinbase
Financial IT
Positive Change in the Philippines Pushes Financial Inclusion Forward

Digital lending, savings deposits and mobile money are set to be the most promising FinTech sectors in the Philippines going forward, according to analysts from Robocash Group.

Friday, September 2, 2022 - 10:13
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/news/lending/positive-change-philippines-pushes-financial-inclusion-forward
Financial IT
Dragonfly Financial Technologies Launches as a Market Leader in Digital Business Banking Solutions

Dragonfly Financial Technologies Corp., a digital banking and treasury management fintech, today announced its official launch as an independent company following the completion of One Equity Partners’ acquisition of ACI Worldwide’s Corporate Online Banking unit.

Thursday, September 1, 2022 - 15:22
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/news/digital-banking/dragonfly-financial-technologies-launches-market-leader-digital-business
Financial IT
Using Automated Trading Software In a Bear Market

While Crypto is known for its volatile nature in general, bear market volatility is in a different class all by itself.

The whipsaw-like price action at times can be "unbearable" for traders.

There's also always that glimmer of hope that follows a deep price correction, otherwise known as a relief rally / bull trap that some traders get lured into engaging, often times leaving them in a red position. 

For those who have had similar experiences and haven't found a solution, it's time to Automate your trading.

 

Thursday, September 1, 2022 - 15:17
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/blog/tradingsoftware-automate/using-automated-trading-software-bear-market
Financial IT

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