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LexisNexis Risk Solutions Recognized as a Luminary in Celent's Financial Crime Compliance Technology Watchlist Screening Report

LexisNexis® Risk Solutions has been recognized as a Luminary in the Technology Capabilities Matrix of the Financial Crime Compliance Technology: Watchlist Screening Edition report from Celent. The analyst's matrix designates Luminary as the top category, equivalent to a leadership ranking.

Monday, April 8, 2024 - 07:44
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Financial IT
SC Ventures and NEXT176 to Launch a Wealth Platform That Makes Financial and Wealth Planning Accessible to All

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and NEXT176, the venture building and investment arm of Old Mutual, a Pan-African financial services group, have joined forces to launch an inclusive financial wellness platform.

Friday, April 5, 2024 - 13:48
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Financial IT
Exclusive Interview with Innovate Finance for Financial IT

1. Can you highlight some of the key themes and topics that will be covered at this year’s IFGS, and how they reflect the current trends in the fintech industry? 

The Innovate Finance Global Summit (IFGS) returns on the 15th and 16th of April to the historic Guildhall, right in the heart of the City of London. 

Friday, April 5, 2024 - 13:14
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Financial IT
Electronica Finance Secures $48m in Series B

Electronica Finance Limited (EFL), one of India’s largest providers of loans to MSMEs (Micro, Small, and Medium Enterprises), today said that it has agreed upon $48 million of new funding.

Friday, April 5, 2024 - 13:05
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Financial IT
Beeks and Securities & Trading Technology (STT) Announce Groundbreaking Partnership to Transform Exchange Trading and Clearing
Beeks Group, a pioneer in financial cloud computing and connectivity solutions, and Securities & Trading Technology (STT), a leader in trading, clearing, and surveillance technology, are delighted to announce a strategic partnership that is set to reshape the future of exchange trading and clearing services. This collaboration introduces an innovative, service-based solution designed to meet the evolving needs of the global financial markets.
Friday, April 5, 2024 - 12:54
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Financial IT
Q&A with Anti-money Laundering Expert

According to the United Nations, 2-5% of global GDP is laundered each year, amounting to $800 billion - $2 trillion in US dollars. Of course, due to the clandestine nature of money laundering, the extent of it can be considered fairly unclear. But the problem with it is clear. 

Friday, April 5, 2024 - 12:20
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Financial IT
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth

PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by home improvement and elective medical loans and a 144A transaction rated by KBRA.

Friday, April 5, 2024 - 11:57
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Financial IT
Netgain Announces $35 Million Investment from Summit Partners to Accelerate its Mission to Modernize Accounting
Netgain, a leading software provider for finance and accounting teams, today announced a $35 million minority investment led by global growth investor Summit Partners. The funding will be used to fuel product development, and team expansion and support Netgain’s overall commitment to helping accountants gain time back in their day by automating routine tasks.
Friday, April 5, 2024 - 11:40
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Financial IT
Oka™ Closes $10-Million in Funding

Oka, The Carbon Insurance Company (Oka)™ has closed a $10-million investor raise that sets the foundations for its next growth phase. 

Friday, April 5, 2024 - 11:20
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Financial IT
Hello Alice Announces Series C Funding Round

Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections, and opportunities, announced today the close of a Series C funding round with QED Investors, Mastercard, and others, bringing their total company valuation to $130 million. This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses.

Friday, April 5, 2024 - 11:10
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Financial IT

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