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Bitso Adds Tron Network for Faster and Cheaper USDT Transactions

Starting this Monday, Bitso —the leading financial services company powered by crypto in Latin America— has integrated the Tron network for USDT (Tether) transactions, which will enable faster operations and at a lower cost to Bitso clients in all the countries where it operates.

Wednesday, August 23, 2023 - 10:34
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Financial IT
Robust Data – the Difference Between Success and Failure for Banking M&A

Snapping up rivals has always been a fundamental part of business when it comes to growth, but the banking sector might not be getting the most out of a crucial weapon when it comes to dealmaking.

Wednesday, August 23, 2023 - 10:31
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Financial IT
Fieldpoint Private Launches Comprehensive Credit Card Program with Corserv

Corserv, a company that empowers banks and fintechs with payment programs, has implemented a unique credit card program with Greenwich, CT-based Fieldpoint Private, to improve their clients’ banking and wealth management experience.

Wednesday, August 23, 2023 - 08:49
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Financial IT
Finastra Secures a Massive $5.3B Debt Financing

Finastra, a FinTech enterprise owned by Vista Equity Partners, has successfully secured a groundbreaking private loan package.

This colossal amount of $5.3bn is being provided by renowned private lenders, notably Oak Hill Advisors, Blue Owl Capital, and HPS Investment Partners, as detailed in a recent Bloomberg report.

Tuesday, August 22, 2023 - 15:36
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Financial IT
Brazil’s OZ Câmbio Partners with Nium to Speed Real-time, Cross-Border Business from LatAm

Nium, the leader in real-time global payments, and OZ Câmbio, today announced a new strategic partnership during the first day of the

Tuesday, August 22, 2023 - 15:07
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/news/payments/brazils-oz-cambio-partners-nium-speed-real-time-cross-border-business-latam
Financial IT
Provenir Named US Fintech Awards 2023 Finalist in Two Categories, ‘Fintech of the Year’ and ‘Data Initiative of the Year’

Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a finalist in the “Fintech of the Year” and “Data Initiative of the Year” categories for the US Fintech Awards 2023.

Tuesday, August 22, 2023 - 14:47
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Financial IT
EBANX Strengthens Technology, Product and Governance and Names New VPs

EBANX, the technology company specializing in payment solutions for rising economies, announces the appointment of two Vice Presidents to lead its technology and governance initiatives. The announcements represent yet another important step by EBANX on the path of increasingly strengthening technology and governance at the core of its global solutions, in line with its mission of connecting the largest brands in the world to rising markets such as Latin America and Africa. 

Tuesday, August 22, 2023 - 14:44
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Financial IT
More than Half of Challenger Banks Neglect Sanctions and PEP List Checks

Recent survey data reveals challenger banks show a concerning lack of commitment when it comes to screening new customers against sanctions or politically exposed persons (PEP) lists. Only a quarter (24 per cent) say they always verify new customers, while more than half (54 per cent) also freely admit to performing such checks only “on occasions”.

Tuesday, August 22, 2023 - 14:41
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/news/aml-and-kyc/more-half-challenger-banks-neglect-sanctions-and-pep-list-checks
Financial IT
True Digital Partners with Ncontracts to Provide Better and Faster Vendor Data for Banks and Credit Unions

True Digital Group, provider of the industry’s first digital vendor optimization network that supports financial institutions in their discovery,  implementation, and monitoring of technology vendors, today announced a strategic partnership with Ncontracts, the leading provider of integrated vendor, compliance, and risk management solutions to the financial industry.

Tuesday, August 22, 2023 - 13:38
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/news/data/true-digital-partners-ncontracts-provide-better-and-faster-vendor-data-banks-and-credit
Financial IT
Trading Technologies to Acquire Abel Noser Solutions

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, and Abel Noser Solutions, LLC (ANS) announced today a definitive agreement for TT to acquire ANS, the industry-leading provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners. Terms of the transaction, expected to close on Aug. 31, were not disclosed.

Tuesday, August 22, 2023 - 13:33
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Financial IT

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