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New Jack Henry Partnership Makes it Easier for Community Banks to Take Advantage of Pinwheel

Pinwheel partners with Jack Henry, a leading financial technology company, which gives their customers a fast path to implementation for the industry's top-performing Direct Deposit Switching solution. This collaboration is set to revolutionize the digital direct deposit setup experience for accountholders at community and regional financial institutions.

Friday, January 19, 2024 - 11:29
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/news/cloud/new-jack-henry-partnership-makes-it-easier-community-banks-take-advantage-pinwheel
Financial IT
LSEG Establishes Technology Centre of Excellence in Hyderabad

LSEG (London Stock Exchange Group) announces the opening of its Technology Centre of Excellence in Hyderabad, India, a key step in the company's global expansion efforts. The facility aims to spearhead new product and service development by prioritising low-latency technology development and capitalising on the local startup ecosystem.

Irfan Hussain, Chief Information Officer, LSEG, said:

Friday, January 19, 2024 - 11:13
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/news/infrastructure/lseg-establishes-technology-centre-excellence-hyderabad
Financial IT
LHV Savings Account Now Allows You to Save Up Flexibly

LHV Pank has launched a Savings Account solution that makes saving up even more convenient and flexible. LHV will pay 2% interest on the funds deposited into the Savings Account, and funds from the account can be withdrawn at any time.

Friday, January 19, 2024 - 11:02
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/news/cash-management/lhv-savings-account-now-allows-you-save-flexibly
Financial IT
Forecasts, Automation and Risk Management: Machine Learning’s Impact on the Financial Sector

Armed with the capabilities of machine learning (ML), financial institutions and finance executives have long been turning unstructured information into insights that promote better decision-making and help them understand many key elements of the business. Without these insights, financial institutions are less efficient in several ways, such as being unable to make fast and accurate decisions on whether to approve a loan or invest in particular assets.

Friday, January 19, 2024 - 10:33
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/blog/fintech-riskmanagement-machinelearning/forecasts-automation-and-risk-management-machine
Financial IT
Vertice Secures $25 Million Series B to Help Finance Teams Control Their SaaS and Cloud Spend

Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning-fast revenue growth. The company has now raised $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.

Friday, January 19, 2024 - 10:23
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/news/fundraising-news/vertice-secures-25-million-series-b-help-finance-teams-control-their-saas-and
Financial IT
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%

DailyPay, the leading on-demand pay company, today announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis.

Friday, January 19, 2024 - 10:13
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/news/fundraising-news/dailypay-closes-transactions-totaling-175-million-companys-valuation-increases
Financial IT
Digital Onboarding Raises $58M

Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, today announced it closed a $58 million growth investment from Boston-based growth equity firm 

Friday, January 19, 2024 - 10:02
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/news/fundraising-news/digital-onboarding-raises-58m
Financial IT
Rangers Football Club name Ebury as Official FX Transfer Partner

Rangers Football Club is today delighted to announce a partnership with Ebury that will see one of the fastest-growing global fintech companies become the club’s Official FX Transfer partner.

The partnership will run until the end of the 2025/26 campaign, with Rangers becoming the latest addition to Ebury’s growing Sports portfolio.

Friday, January 19, 2024 - 09:52
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/news/payments/rangers-football-club-name-ebury-official-fx-transfer-partner
Financial IT
Kashable Closes $25.6M Series B Funding to Expand Financial Wellness Solutions for Employees

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, today announced a Series B capital raise of $25.6 million. The round was co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion Ventures.

Friday, January 19, 2024 - 08:44
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/news/fundraising-news/kashable-closes-256m-series-b-funding-expand-financial-wellness-solutions
Financial IT
Digital Asset Research Announces January 2024 Crypto Exchange Vetting Results

Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the release of its January 2024 Crypto Spot Exchange Vetting results. In an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges, DAR’s vetting processes apply institutional-level diligence to digital asset markets to meet an industry-wide need for reliable crypto data. 

Friday, January 19, 2024 - 08:31
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/news/cryptocurrencies/digital-asset-research-announces-january-2024-crypto-exchange-vetting-results
Financial IT

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