Marqeta, the global modern card issuing platform, announced today that it has raised an additional $150 million in new capital from a leading institutional investor, valuing the company at $4.3 billion.
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Modern Card Issuing Leader Marqeta Valued at $4.3B in Latest Round
Thursday, May 28, 2020 - 05:45
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Samsung and SoFi introduce money management tool
Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.
The Samsung Pay debit card was unveiled earlier this month but the partners have now provided more detail on an accompanying fee-free cash management account.
Launching later this summer, Samsung Money by SoFi promises higher-interest earning and a combination of the convenience of mobile payments and the control of a debit card.
Thursday, May 28, 2020 - 05:44
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Financial IT
Social distancing & Financial distancing - New counterparty risk models
The impact of the current crisis on counterparty risk models
One could argue, that in a similar way that social distancing can limit the epidemic spread in the current health crisis, applying correct counterparty risk measures can prevent the contagion and propagation of financial defaults. Not by excluding companies from doing business, but by helping them with specific measures, hence avoiding a more systemic economic collapse.
Wednesday, May 27, 2020 - 22:44
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Siebert Financial Corp. teams up with InvestCloud to lead digital transformation
Siebert, a leading national broker-dealer and provider of financial services, has appointed InvestCloud to design and implement its complete digital transformation.
Wednesday, May 27, 2020 - 16:47
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Financial IT
NICE Actimize’s AML Solutions Chosen by Rakuten Securities to Improve Operational Efficiencies and Reduce Compliance Risk
NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Rakuten Securities Inc., a major online brokerage operating throughout Japan and across Asia, to implement an innovative anti-money laundering compliance platform to protect and support its investor clients and meet regulatory requirements. Rakuten Securities will utilize industry-leading solutions from NICE Actimize’s Autonomous Anti-Money Laundering portfolio, initially rolling out the
Wednesday, May 27, 2020 - 16:27
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Financial IT
Paysend calls for accelerated post-crisis FinTech innovation
UK-based FinTech firm Paysend has called for an industry-wide acceleration of innovation across FinTech and payments in response to the global coronavirus situation. Sweeping disruption to the daily financial habits of consumers has created a number of problems that Paysend sees as necessary to be solved by emerging FinTech innovators with the provision of simple, accessible and low-cost solutions.
Wednesday, May 27, 2020 - 15:26
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Financial IT
Former Citi EMEA CEO Jim Cowles joins RTGS.global as executive director
RTGS.global, the world’s cross-border liquidity network, has announced its appointment of Jim Cowles as an Executive Director of the Board. Jim will work closely with RTGS.global’s leadership team, including its founder, fintech entrepreneur Nick Ogden, who previously founded WorldPay and ClearBank.
Wednesday, May 27, 2020 - 15:12
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Financial IT
FIS delivers “EPIC” productivity and automation tools for managing a remote workforce
Financial technology leader FIS™ (NYSE: FIS) today announced Enterprise Productivity, Intelligence & Compliance (EPIC™), a modular, desktop-based solution that helps financial institutions and businesses enhance the efficiency of their global operations while managing an increasingly remote workforce.
Wednesday, May 27, 2020 - 14:31
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Financial IT
rafaelsiza@gmail.com
Wednesday, May 27, 2020 - 13:51
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SunTec Group collaborates with AWS to offer cloud-native applications that help clients improve customer experience and drive revenue growth
SunTec, a leading provider of revenue and billing management solutions, announced today that it is working with Amazon Web Services (AWS) to offer Xelerate platform and products on AWS Cloud. The Xelerate platform and products have been optimized to leverage the cloud capabilities of AWS.
Wednesday, May 27, 2020 - 13:41
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Financial IT
