CASHe, India’s leading credit & wealth-led, AI-driven financial wellness platform, announced that it has crossed the significant milestone of having disbursed 1.2 million loans worth Rs. 4,000 crores since its inception. It further stated that on the back of economic revival and a strong rebound in retail loan demand, the company is eyeing fresh disbursals worth Rs 3,600 crores in FY22-23, thereby projecting a cumulative loan disbursement of Rs. 7,600 crores ( 1Billion USD ) by end of this financial year.
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CASHe Crosses Rs. 4000 Crores in Loan Disbursals; Targets Rs. 3600 Crores of New Disbursals in FY 22-23
Tuesday, June 7, 2022 - 09:36
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/news/lending/cashe-crosses-rs-4000-crores-loan-disbursals-targets-rs-3600-crores-new-disbursals-fy
Financial IT
Thought Machine Launches Vault Payments: a Highly Configurable Cloud-Native Cards and Payments Processing Platform
Thought Machine, the cloud-native banking technology company, today launches Vault Payments: a new, cloud-native cards and payments processing platform. Launching with card processing on the Mastercard network, Vault Payments has been built from scratch as a cloud-native payments processing platform – ensuring the platform is scalable, highly configurable, and can operate in real-time.
Tuesday, June 7, 2022 - 09:19
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/news/infrastructure/thought-machine-launches-vault-payments-highly-configurable-cloud-native-cards
Financial IT
Railsbank Becomes Railsr as it Sets its Sights on Owning The Financial Layer of The Internet
World-leading embedded finance experiences platform, Railsbank, has changed its name to Railsr, and launched a rewards offering, signifying that it is ready to create and deliver the next evolution in the consumer finance experience.
Embedded Finance Experiences
Tuesday, June 7, 2022 - 08:55
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/news/banking/railsbank-becomes-railsr-it-sets-its-sights-owning-financial-layer-internet
Financial IT
Liberis and Barclaycard Join Forces on Innovative Revenue-Based Finance Product For SMEs
Liberis, a leading global embedded business finance platform, today announced that it has entered into a partnership with Barclaycard to offer its small business customers access to personalised revenue-based finance. The news follows Barclays’ investment of £34.5 million in Liberis agreed in Q4 2021.
Tuesday, June 7, 2022 - 08:36
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/news/banking/liberis-and-barclaycard-join-forces-innovative-revenue-based-finance-product-smes
Financial IT
MFS Africa Acquires US-based Global Technology Partners (GTP)
In a rare acquisition of a US tech company by an African tech company, MFS Africa, Africa’s largest digital payments network, today announces that it has reached an agreement to buy Global Technology Partners (GTP).
Tuesday, June 7, 2022 - 08:26
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/news/payments/mfs-africa-acquires-us-based-global-technology-partners-gtp
Financial IT
Financial IT Summer Issue - Special Money 20/20 Europe Edition
What is this edition of Financial IT really all about?
In theory, it should be very easy to sum up the insights that are, collectively, delivered by our contributors and supporters in an Editors’ letter. Each edition nominally has a main topic – and the contributions are usually related quite closely to that topic.
Tuesday, June 7, 2022 - 07:35
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/magazine/financial-it-summer-issue-special-money-2020-europe-edition
Financial IT
The Schrems II Clock is Ticking: A Checklist
The Schrems II ruling given by the Court of Justice of the European Union (CJEU) on 16 July 2020 upset the apple cart for organizations across the globe, and the latest iteration of the regulation is generating waves of anxiety among in-house legal teams who are already charged with ensuring that their contracts are updated to comply with the EU’s General Data Protection Regulation (GDPR). Many organizations are now dealing with thousands, if not tens of thousands, of supplier contracts that involve the processing of personal data.
Monday, June 6, 2022 - 17:27
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/blog/data/schrems-ii-clock-ticking-checklist
Financial IT
VikingCloud Announces New Chief Financial Officer
VikingCloud, a leading provider of cyber security and compliance solutions, has announced the appointment of Tracey Luehring as its new Chief Financial Officer.
Monday, June 6, 2022 - 17:13
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/news/cybersecurity/vikingcloud-announces-new-chief-financial-officer
Financial IT
Triterras Selects Unqork to Modernize Its Trade Finance Platform with No-Code Solutions
Triterras Inc., a leading fintech company focused on trade and trade finance, and Unqork, the leading no-code enterprise application platform, today announced they have entered a partnership to further digitize global trade finance. Unqork will be used to enhance the end-to-end trading lifecycle of Triterras’ Kratos platform, one of the largest trading and trade finance platforms in the world.
Monday, June 6, 2022 - 15:49
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/news/trading-systems/triterras-selects-unqork-modernize-its-trade-finance-platform-no-code-solutions
Financial IT
EarnUp Ramps Up for Growth with the Strategic Expansion of its Executive Team
EarnUp, a San Francisco-based Fintech company offering intelligent payment and data solutions for the mortgage industry, announced the strategic expansion of its executive team to help accelerate EarnUp’s growth and support its mission to create a financial system that works for everyone by transforming the loan payment ecosystem into a key driver for achieving financial wellness
Monday, June 6, 2022 - 15:39
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/news/people-moves/earnup-ramps-growth-strategic-expansion-its-executive-team
Financial IT
