Fast-growing Brazilian neobank Neon has raised $93.5 million in a Series B round led by General Atlantic and Banco Votorantim as it seeks to grow its two million customer base beyond the Rio-Sao Paulo corridor.
This is Neon's second round of funding. The first investment, valued at $22 million, was made in May 2018 by venture capital funds Monashees, Omidyar Network, BBVA's Propel, Quona and Mabi, who have each returned for the current round.
Financial Data Exchange Managing Director Don Cardinal testified before the U.S. House Committee on Financial Services Task Force on Financial Technology, regarding the role of big data in financial services and the protection of consumer privacy.
Finastra has hired Lisa Fiondella as Chief Data Officer to lead its comprehensive data strategy, including how data collected through the FusionFabric.cloud platform and various cloud-based solutions, can be best utilized. She will be responsible for developing a data product roadmap and manage the process of bringing new data products to market.
IQPC Ltd the organiser of FinTech Connect, the UK’s biggest fintech event, is launching a new show in Toronto, Canada, next year following five successful years in London.
Jakub Piotrowski, CRO and Head of Customer Engagement, Meniga at FinTECHTalents 2019 shares details on company's latest AI solution for transaction management and spendings, the correlation between CO2 emissions and consumer behavior and banks social responsibility.
IBOS is proud to announce that, through its member banks around the globe, it has now been providing clients with world class international cash management services for 25 years and continues to develop, expand and innovate in order to remain competitive and offer a level of service which only local banks can provide.
Leeds-headquartered TruNarrative has added French fraud detection and prevention specialist, Bleckwen, to its industry-leading financial crime platform.
The latest partnership with the French firm will enable the integration of Bleckwen’s sophisticated dynamic behavioural analytics service – powered by real-time explainable Artificial Intelligence (AI) – into the brand’s existing financial crime and onboarding solution.
Trust is the glue that holds society together. Historically we trusted people in our local community. Later this evolved to a centralized trust in large corporations and institutions, but recently this has shifted towards a more distributed trust, meaning that we sometimes need to place our faith in complete strangers.
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