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Resal Raises a $9M Funding Round

Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round with participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices and angels investors.

Wednesday, August 21, 2024 - 04:40
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Financial IT
Treasury Prime Partners with Kobalt Labs to Bring AI-Powered Compliance to Its Bank Network

Treasury Prime, a leading embedded banking software company, announced today the addition of Kobalt Labs, an AI-powered copilot for risk and compliance teams, to the Treasury Prime Partner Marketplace.

Wednesday, August 21, 2024 - 04:32
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Financial IT
Houlihan Lokey Expands Global Technology Group with Senior Software Hire

Houlihan Lokey, Inc., the global investment bank, announced today that Geoff Rhizor has joined as a Managing Director. Based in San Francisco, Mr. Rhizor will join the Technology Group where he will focus on the social impact/nonprofit and office of the CFO software sectors and will collaborate with members of the FinTech Group in the latter.

Wednesday, August 21, 2024 - 04:24
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Financial IT
Humans.ai Acquires TensorChain Inventors, Starfish Technologies, to Drive Blockchain Innovation

Leading European artificial intelligence and blockchain technology provider Humans.ai announces the strategic acquisition of Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, in a cash and shares deal. This acquisition marks a significant step forward in the development of TensorChain, a groundbreaking innovation designed to revolutionize the way blockchain handles artificial intelligence deployment through the power of tensor-based operations.

Wednesday, August 21, 2024 - 04:21
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Financial IT
State Street Announces Agreement with Taurus to Deliver Full-Service Digital Platform for Institutional Investors

State Street Corporation and Taurus SA, a global leader in digital asset infrastructure, today announced a strategic agreement that will deliver trusted and reliable digital assets capabilities for State Street Bank and Trust Company clients. The agreement will further enhance State Street Digital Asset Solutions, which seeks to provide an integrated business and operating model that supports the digital investment lifecycle.

Tuesday, August 20, 2024 - 15:24
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Financial IT
Datos Names ACI Worldwide Best in Class in Payments Orchestration

ACI Worldwide, an original innovator in global payments technology, was ranked “Best in Class” for Merchant Payments Orchestration in a new 

Tuesday, August 20, 2024 - 15:18
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Financial IT
Deutsche Bank and Upvest Announce New Partnership

European investment infrastructure provider Upvest has entered into a partnership with Deutsche Bank, one of the world's leading financial services providers. The collaboration will enable Upvest to expand its product offering by embedding Deutsche Bank’s banking infrastructure into its services. It will give Upvest’s clients access to comprehensive end-user cash management solutions, virtual IBANs, and foreign exchange services through Deutsche Bank.

Tuesday, August 20, 2024 - 15:13
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Financial IT
ABN AMRO and nCino Partnership Driving Digital Transformation Across Corporate Lending

nCino, Inc., a pioneer in cloud banking for the global financial services industry, announced that ABN AMRO, one of the largest banks in the Netherlands, is live on nCino’s Cloud Banking Platform. 

Tuesday, August 20, 2024 - 14:56
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Financial IT
PayPal Expands Strategic Partnership with Adyen to offer Fastlane in the U.S.

PayPal Holdings, Inc. today announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest checkout flows for its enterprise and marketplace customers in the U.S., with plans to extend this offering globally in the future.

Tuesday, August 20, 2024 - 14:49
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Financial IT
Waza Secures $8M in Seed Funding to Revolutionize Business Payments in Nigeria and Emerging Markets

Waza is excited to announce that it has raised $8 million in Seed Funding to advance its mission of simplifying business payments in Nigeria and other emerging markets.

Tuesday, August 20, 2024 - 14:29
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Financial IT

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