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Unbanked Inc. Launches Crowdfunding Campaign on Republic to Democratize Investor Access and Accelerate Growth

Unbanked Inc.'s recently launched campaign has already raised over $1,000,000 from over 1,100 investors - leaving approximately $4,000,000 available for remaining investors.

Friday, March 11, 2022 - 10:36
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Financial IT
Gridline Raises $9M in Capital for Growth Acceleration

Gridline has closed a $9 million funding round on the heels of launching its digital platform for alternative investments last month. This capital enables the company to accelerate growth by scaling investment, sales and marketing teams to double headcount over the next 12 months.

Friday, March 11, 2022 - 10:33
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Financial IT
Brits Among the World’s Highest Savers; but Are Less Inclined to Invest.

New data from Klarna, a leading global retail bank, payments and shopping service, shows that Brits are saving a higher share of their income each month compared to their international peers but are less interested in investing their money. 

Friday, March 11, 2022 - 10:28
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/news/payments/brits-among-worlds-highest-savers-are-less-inclined-invest
Financial IT
FIDO Alliance Announces Commerce Virtual Summit Amid Rising Online Payment Fraud and Authentication Challenges

Players from across banking, retail, crypto and blockchain can gain expert insight into addressing authentication challenges with FIDO – from regulation and UX, to fraud and privacy

Friday, March 11, 2022 - 10:22
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/news/blockchain/fido-alliance-announces-commerce-virtual-summit-amid-rising-online-payment-fraud-and
Financial IT
EIF Backs Lending Marketplace Estateguru in Launching a New Credit Fund
  • The European Investment Fund (EIF) has committed to making a cornerstone investment in the Estateguru Senior Secured Credit Fund
  • The new fund has a target size of up to €170 million and is aiming to invest in senior secured SME property-backed loans originated primarily in the Baltics, Finland and Germany
Friday, March 11, 2022 - 10:12
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/news/lending/eif-backs-lending-marketplace-estateguru-launching-new-credit-fund
Financial IT
Wolters Kluwer to acquire IDS

Wolters Kluwer Governance, Risk & Compliance (GRC) has announced that it has signed an agreement with The Reynolds and Reynolds Company to acquire International Document Services, Inc. (IDS), a leading U.S. provider of compliance and document generation software solutions for the mortgage and real estate industry. The deal is for approximately $70 million in cash.

Friday, March 11, 2022 - 09:09
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/news/compliance/wolters-kluwer-acquire-ids
Financial IT
Oakbrook and Experian Pilot to Help More People Get Access to Fairer, Affordable Credit

Cutting-edge affordability technology will enable personalised decisions that accurately reflect a customer’s financial circumstances

Early tests show a 10% increase in acceptance rates without any compromise to affordability assessments or credit performance

Friday, March 11, 2022 - 09:06
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/news/personal-finance/oakbrook-and-experian-pilot-help-more-people-get-access-fairer-affordable
Financial IT
KTC and JCB launch the first JCB ULTIMATE Credit Card in Thailand

Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.

Friday, March 11, 2022 - 08:50
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/news/credit-cards/ktc-and-jcb-launch-first-jcb-ultimate-credit-card-thailand
Financial IT
EMGA Advises Annapurna Finance on Their EURO 15M Debt Raise with Funding from OeEB

Annapurna Finance raised EURO 15 mn of senior debt from OeEB the Development Bank of Austria, this facility will provide financial assistance to its clients in microfinance space. EMGA advised on the transaction.

The EUR 15 million debt facility comes at a time when financial institutions world-wide are exploring new cross-border funding options to further deliver on their objectives.

Friday, March 11, 2022 - 08:45
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/news/fundraising-news/emga-advises-annapurna-finance-their-euro-15m-debt-raise-funding-oeeb
Financial IT
New Study From Entrust Finds Consumers Prefer Digital Banking Experiences, But Are Concerned About Security

A survey from Entrust details preferences of the modern banking customer, with consumers indicating a need for online banking capabilities, secure cards with chips and enhanced payment security

Friday, March 11, 2022 - 08:39
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/news/digital-banking/new-study-entrust-finds-consumers-prefer-digital-banking-experiences-are
Financial IT

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