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Basware Appoints Head of AI and CIO to Lead Innovation Drive

Basware, a global leader in AP automation and invoice processing, has announced the appointments of Anssi Ruokonen as its Director of AI Research and Enablement, and Barrett Schiwitz as its new Chief Information Officer (CIO).  

Ruokonen will further enhance AI technology within Basware’s product and service offering, while Schiwitz will oversee Basware’s digital transformation projects to deliver an ever-improving customer experience.  

Wednesday, February 28, 2024 - 09:28
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Financial IT
NayaOne Secures $4.7M to Disrupt Financial Services with Game-Changing Sandbox Platform.

In a significant move for fintech, NayaOne announces a $4.7 million funding round led by EJF Capital, with Valley Ventures, the corporate venture capital arm of Valley Bank and Carthona Capital also on board. This investment is a testament to NayaOne's growth and potential to transform financial services with its innovative sandbox-as-a-service platform.

Wednesday, February 28, 2024 - 07:12
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Financial IT
AU10TIX KYB Rapidly Validates Businesses and Owners In One Unified Flow

AU10TIX, a global technology leader in identity verification and management, today launched an innovative Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses. By combining KYB with Know Your Customer (KYC) processes, the offering addresses every KYB business need, from sole traders to corporates, including KYC for UBOs and associated entities.

Wednesday, February 28, 2024 - 06:54
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Financial IT
MoneyHash Raises $4.5 Million To Fix Payment Failures & Fuel Revenue Growth In Middle East & Africa

MoneyHash, the first and leading payment orchestration platform in the Middle East and Africa (MEA), has successfully raised $4.5M in a seed funding round. The round was co-led by COTU Ventures and Sukna Ventures, with participation from RZM Investment, Dubai Future District Fund, VentureFriends, and a group of strategic investors and operators.

Wednesday, February 28, 2024 - 06:16
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Financial IT
As Citibank Is Sued, Banks Will Have to Face The Duty To Protect Their Customers

Perhaps best-known for bringing a civil fraud case against Donald Trump, the verdict of which is expected to be announced later this month, New York Attorney General Letitia James is now focusing on the fraud committed by cybercriminals against Citibank customers – and the bank’s failure to protect them. 

Tuesday, February 27, 2024 - 16:13
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Financial IT
The Far-Reaching Effects of Crypto Market Speculation

Especially in the last month, the world of cryptocurrencies has captivated investors and enthusiasts alike with a strong bullish trend. With its rapid growth and potential for massive profits, it's no wonder that the crypto market has become a hotbed for speculation. However, while some see speculation as a pathway to quick riches, others argue that it can have far-reaching effects on the stability and sustainability of the market.

Tuesday, February 27, 2024 - 15:57
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Financial IT
Klarpay Launches Exclusive Entrepreneur Accounts

Klarpay, a leading Swiss financial institution, proudly announces the launch of its new Entrepreneur Accounts, a tailored financial solution designed exclusively for Business Founders, UBOs, and Senior Management members who already hold accounts with Klarpay.

Tuesday, February 27, 2024 - 13:58
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Financial IT
Sit Investment Associates Selects Rimes’ Investment Management Platform Matrix

Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program. With some $15 billion AUM in the U.S., Sit Investment Associates is one of the largest independent, family and minority-owned investment firms. 

Tuesday, February 27, 2024 - 10:50
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Financial IT
BBVA Spark and Capchase Sign Partnership Agreement

Capchase and BBVA Spark close a partnership agreement allowing their clients to connect to BBVA directly through API integrations via a seamless digital experience.

Tuesday, February 27, 2024 - 10:39
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Financial IT
Qoo10 Adopts Adyen's Payment Platform

Adyen, the financial technology platform of choice for leading companies, announces a partnership with Qoo10, an online marketplace operated by eBay Japan.

Tuesday, February 27, 2024 - 10:33
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Financial IT

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