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Mercury Financial Has Closed a $200 Million Debt Facility to Drive Growth of its Credit Card Business for the Middle-Class

Mercury® Financial (“Mercury”) today announced the closing of a $200 million debt facility from client funds managed by Neuberger Berman. Mercury will use the funds to expand its credit card business and continue its mission of providing middle-class Americans responsible financial products to improve their lives.

Friday, July 28, 2023 - 10:57
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Financial IT
GlossGenius Secures $28M in Series C Funding from L Catterton

GlossGenius, a platform designed to handle bookings and payments for salons and spas, today announced that it raised $28 million in a Series C funding round led by L Catterton with participation from Bessemer Venture Partners and Imaginary Ventures.

Friday, July 28, 2023 - 10:50
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Financial IT
Croissant, a Fintech Platform Launches $24M in to Change the Future of Commerce

Croissant, a fintech platform with a mission to empower intentional commerce, launched today with $24 million in seed funding from a suite of top investors, including Portage and KKR co-founders George Roberts and Henry Kravis. Initial funding was used to accelerate Croissant’s MVP launch via a best-in-class founding team led by Co-Founder and CEO John Howard (formerly of KKR), Co-Founder and CTO John Klose (Amazon, PayPal), and Head of Product Vrishti Mongia (Meta, Moda Operandi).

Friday, July 28, 2023 - 10:44
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Financial IT
UK and Singapore Agree on Collaboration Pact on FinTech and Digital Currencies

UK and Singapore officials have agreed on a pact for collaboration on FinTech and sustainable finance, emphasising the development of digital assets and currencies as well as sustainable finance, at a meeting in London.

Representatives from HM Treasury and the Monetary Authority of Singapore agreed on global regulatory standards for digital assets and crypto under the Financial Stability Board as well as international standard setters including IOSCO.

Friday, July 28, 2023 - 10:35
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Financial IT
Designed to Battle the Cost Of Living Crisis, Debt Prevention Platform, Superfi, Raises $1M
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis. The round was led by UK seed fund Ascension and its impact fund, Fair By Design, and includes Force Over Mass, and a number of other prominent investors.
 
Friday, July 28, 2023 - 10:29
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Finit
ING Appoints Görkem Köseoğlu as Chief Technology Officer and Member of the Management Board Banking

ING today announced the appointment of Görkem Köseoğlu as chief technology officer and member of the Management Board Banking. Görkem will take up his position on 1 September, succeeding Ron van Kemenade, who stepped down effective 30 April 2023.

Görkem is currently the chief operations officer of ING Netherlands, where he leads all the client services activities, the global transformation office, delivery tribes including data management, KYC services, collections, and fraud management.

Friday, July 28, 2023 - 10:19
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Financial IT
Fusion Risk Management Partners with SecurityScorecard to Strengthen its Third-Party Risk Capabilities and Resilience Management

Fusion Risk Management, Inc., (“Fusion”), a leading provider of cloud-based operational resilience, business continuity, and risk management software and services, today announced a partnership with SecurityScorecard, a global security ratings, response, and resilience company.

Friday, July 28, 2023 - 10:14
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Financial IT
How to Strengthen ‘Know Your Business’ Practices

Following Russia’s invasion of Ukraine last year, we have seen a huge rise in the number and velocity of Russian sanctions, which as a result has also brought an increased regulatory focus on ‘Know Your Business’ (KYB) practices.

Thursday, July 27, 2023 - 15:39
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Financial IT
Startups Rely On AI & Sustainability for New Partnerships

Following a marathon of pitches, 41 startups from 13 countries, including Germany, Austria, Singapore, USA, UK, Sweden, Denmark, Portugal, Israel, Spain, and Estonia were selected for the 8th Kickstart Innovation program. Over 170 experts participated as jurors to select these startups out of 1000 applications coming from more than 60 countries in just six weeks..

Thursday, July 27, 2023 - 15:01
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Financial IT
Mastering Business Etiquette and Professionalism: Keys to Success in the Workplace

In today's competitive business world, organizations must be able to navigate professional interactions with grace and professionalism. Business etiquette and professionalism play a crucial role in shaping one's reputation, building solid relationships, and achieving success in the workplace. This article will explore the significance of business etiquette and professionalism, focusing on the role of a leadership development program in developing these essential qualities.

Thursday, July 27, 2023 - 14:58
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Financial IT

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