All content with RSS
Today, Nubank and Mastercard released findings from a study measuring the financial inclusion impact on individuals, including some who have historically been on the margins of the traditional banking system in Brazil.1 The study provides a view of customers' experiences accessing and using financial solutions and tools, and the impact of those experiences on their ability to advance toward financial security and health.
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced at its annual 2024 Alkami Co: lab conference, the launch of its latest innovation for clients, the SDK Wizard, "Merlin." This strategic tool is revolutionary in the financial services industry, allowing the developer environment to set up and ramp up in minutes compared to days.
Versapay, the leading Accounts Receivable Efficiency Suite, announced today that Ed Neumann has been appointed as its new Chief Financial Officer (CFO). Neumann will be responsible for Versapay’s financial strategies and will lead the charge on building and scaling a high-growth business model for the company.
WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially SMEs in international trade, has launched WorldTrade, a new payment solution for global sourcing to bolster the security and speed of cross-border payment for international Small and Medium-sized Enterprises (SMEs) that procure goods from suppliers based in China while ensuring the prompt delivery of products for the SME buyers.
AffiniPay, the leader in online payments and software solutions for professionals, has announced the launch of its expansion into Puerto Rico for LawPay and CPACharge. With a strong presence established in the United States and Canada serving over 80,000 accounting and law firms, AffiniPay continues to empower attorneys and accounting professionals with secure and efficient payment processing options.
Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where to start.
Trustly, the global leader in open banking payments, announces a year of exceptional growth and enhanced market influence across sectors. In 2023, Trustly saw a significant surge in its transaction value, achieving a 79% increase to reach £44 billion, up from £25 billion in the previous year. Trustly’s growth was significant both in the U.S. and Europe. Moreover, the UK stood out as one of the group's biggest growth markets during the past year.
In the rapidly evolving landscape of finance, the role of the Chief Financial Officer (CFO) has become increasingly complex. CFOs are tasked not only with managing traditional financial functions but also with driving strategic initiatives and navigating their organization through digital transformations, including everything from cost efficiencies to entirely new business models. According to a recent survey by Gartner, leading digital transformation efforts in the finance function is the top area CFOs are focused on in 2024.
