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Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin.

Wednesday, April 10, 2024 - 11:03
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/news/fundraising-news/parafin-secures-125-million-warehouse-facility-silicon-valley-bank-and-trinity
Financial IT
Rick Castello Joins PayRetailers as Head of Sales North America

PayRetailers, a leading global payment processor, is pleased to announce the appointment of Rick Castello as its new Head of Sales for North America. In this role, Rick will be responsible for driving the company's sales strategy and supporting large enterprises in their expansion efforts in Latin America (LatAm).

Wednesday, April 10, 2024 - 10:36
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/news/people-moves/rick-castello-joins-payretailers-head-sales-north-america
Financial IT
Santander to Introduce Openbank in US

Santander is announcing today the launch of a new national, digital offering in the United States under the Openbank brand in the second half of 2024. Openbank will also be launched in Mexico in the same timeframe.

Wednesday, April 10, 2024 - 10:32
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/news/open-banking/santander-introduce-openbank-us
Financial IT
Spendesk Acquires Okko to Fully Integrate Procurement and Spend Management

The complete spend management platform, Spendesk acquires Okko, a French procurement company. By integrating the technology and resources of Okko, Spendesk becomes the first European solution to fully integrate procurement and spend management for mid-sized businesses.

Wednesday, April 10, 2024 - 10:27
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/news/management/spendesk-acquires-okko-fully-integrate-procurement-and-spend-management
Financial IT
Rodrigo Graca Moura joins Backbase as Chief Financial Officer

Backbase, the creator of the Engagement Banking Platform, has appointed Rodrigo Graca Moura as Chief Financial Officer. Rodrigo brings to Backbase a deep finance and business partnering expertise with more than 20 years of experience in scaling enterprise software companies.

Wednesday, April 10, 2024 - 10:24
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/news/people-moves/rodrigo-graca-moura-joins-backbase-chief-financial-officer
Financial IT
NICE Actimize Announces New Integrated Fraud Management Platform Delivering Pervasive AI Across Fraud Prevention

NICE Actimize, a NICE business, today announced the availability of IFM 11

Wednesday, April 10, 2024 - 10:21
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/news/fraud-detection/nice-actimize-announces-new-integrated-fraud-management-platform-delivering
Financial IT
BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect™ Platform With Kyriba’s Scalable SaaS Solution

BNY Mellon, the global financial services company, today announced a new collaboration of its short-term investment platform, LiquidityDirect, with Kyriba, a global leader in cloud treasury and finance solutions.

Wednesday, April 10, 2024 - 10:17
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/news/liquidity/bny-mellon-and-kyriba-announce-collaboration-combine-short-term-investment
Financial IT
JustPaid, AI-Powered Finance Startup, Announces New API for Business Payments

JustPaid, a leading financial technology company – has just announced the launch of its new billing platform API. The platform allows customers, merchants, and other businesses to automatically track product usage and generate invoices by uploading usage data through a simple API integration.

Wednesday, April 10, 2024 - 10:11
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/news/apis/justpaid-ai-powered-finance-startup-announces-new-api-business-payments
Financial IT
Nuvei Secures MPI License in Singapore to Accelerate APAC Expansion

Nuvei Corporation, the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.

Wednesday, April 10, 2024 - 10:09
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/news/payments/nuvei-secures-mpi-license-singapore-accelerate-apac-expansion
Financial IT
Pomelo Group Appoints Former Thunes CEO, Steve Vickers as New Chief Executive Officer

Pomelo Group, the Singapore-based payment infrastructure platform that enables financial institutions to offer modern payment solutions to their end users, today announced that Steve Vickers, formerly COO of Paysend and CEO of Thunes, has been appointed Chief Executive Officer and will join the company’s Board of Directors. Steve Vickers succeeds Vincent Choi, Pomelo Group’s co-founder, who is stepping down as CEO and joining Pomelo’s strategic advisory board.

Wednesday, April 10, 2024 - 10:05
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/news/people-moves/pomelo-group-appoints-former-thunes-ceo-steve-vickers-new-chief-executive-officer
Financial IT

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