A Clear Impact: New Accenture Report Identifies Economic Impact of the ‘Buy Now, Pay Later’ Platform for Consumers and Merchants
- 3 years 6 months ago
- Payments, Credit Cards
New research conducted by Accenture reveals that in 2021, Clearpay, a leader in Buy Now Pay Later (BNPL), saved consumers up to £28 million in credit card fees and generated £1 billion in total revenue for its UK partner merchants in 2021, including £739 million in incremental sales as they fight back against COVID.
SEON Becomes the World’s Quickest Growing Fraud Prevention Company
- 3 years 6 months ago
- Fraud Detection, Authentication Technology
To mark the start of 2022, SEON is reflecting on a year of tremendous business and customer growth, as well as celebrating its new status as the world’s fastest-growing fraud prevention company. Kicking off 2021 with a bang, the fraud fighting company announced its first significant round of venture capital financing. Led by Creandum, the $12 million funding round represented the largest Series A investment in Hungarian history.
Logpoint Releases Logpoint 7 Adding Soar Capabilities Within Siem
- 3 years 6 months ago
- Cybersecurity
Comprehensive update provides best-in-class SIEM and SOAR integration within one unified security operations platform for accelerated detection, investigation, and response. SOAR offering is the first complimentary solution on the market, making it available to customers at no additional cost
Fintech in 2022: Solutions for Solo-entrepreneurs, Metaverse Payments and Green Fintech
- 3 years 6 months ago
- Payments
VC Digital Horizon launches new ‘Fintech Trends for 2022’ report Digital Horizon, one of the fastest growing European venture capital funds and venture builders specialising in fintech and SaaS companies, has released its annual ‘Fintech Trends for 2022’ report. It predicts the rise of fintech supporting micro-entrepreneurs, metaverse and “second reality” digital payments and green fintech, will be among the major trends driving fintech forward...
5 Lending Predictions for 2022
- 3 years 6 months ago
- Lending, Data
From Doug Craddock Senior Principal Consultant in FICO Advisors Lifecycle practice “In an environment where everything is changing — the way we work, travel, meet and shop — the world of credit is adapting quickly. The pandemic isn’t the sole cause of this, as fintechs have been upending traditional banking models for years. Here’s what we at FICO see for next year. The Focus Will Change from Digital Transformation to Digital Engagement
Lattice Triples Valuation to $3B, Raises $175M in Series F Funding Round
- 3 years 6 months ago
- Fundraising News, Management
After reaching unicorn status in 2021, Lattice continues to grow at record rates as people strategy continues to be a top priority for companies succeeding in the new world of work. Lattice, the leading people management platform for businesses with people-first cultures, today announced a new valuation of $3 billion after closing a $175 million round of funding from Thrive Capital, Elad Gil, Tiger Global, and Dragoneer.
Chargebee Acquires Customer Retention Leader Brightback, Expands Revenue Management Offerings
- 3 years 6 months ago
- Management
With latest acquisition, hyper-growth startup Chargebee leverages automation to enable subscription businesses to reduce online cancels while growing customer lifetime value
Tradeteq Opens New Office in Dubai
- 3 years 6 months ago
- Data
Tradeteq, the leading technology provider for bank asset distribution, has selected United Arab Emirates as a base to service its clients in the Middle East, Africa and Indian subcontinent. The firm has incorporated an office at Dubai Multi Commodities Centre (DMCC), which it opened in January 2022.
Curve Launches New Card With Bold Updated Design
- 3 years 6 months ago
- Payments
Curve unveils a new card reflecting bold advancements the company has made to help people take control of their money Curve, the financial super app which combines all of your debit, credit and loyalty cards into one, easy-to-use smart card, has unveiled a new card with a bold, updated design, reflecting the bold advancements the company has made to help people take control of their money. The global fintech is replacing all bank cards with the...
Minerva Selects Armalytix’s Source of Funds Technology to Complete 48-hour Client Onboarding Solution for Legal Market
- 3 years 6 months ago
- IT Innovations
Contour, the digital trade finance network, has appointed Elaine Ng to the newly created role of Head of Innovation.
Routefusion raises $10.5M round to simplify cross-border payments
- 3 years 6 months ago
- Fundraising News, FinTech StartUps
Routefusion co-founders
Minerva Selects Armalytix’s Source Of Funds Technology To Complete 48-hour Client Onboarding Solution For Legal Market
- 3 years 6 months ago
- Open Banking
Armalytix, which uses open banking technology to streamline the collection of data for the professional and financial services industries, has been selected by Minerva, an electronic onboarding solution for law firms, to create an intelligent, digital onboarding service for the legal market and estate agents.
Zestmoney Releases India Buy Now, Pay Later Report, Sees 300% Growth in 2021
- 3 years 6 months ago
- Payments
Millennials and GenZ drove demand for Buy Now, Pay Later in 2021, reveals ZestMoney India BNPL report Smartphones, Electronics, Fashion, and Travel drove demand for BNPL in 2021: ZestMoney Report Bangalore, Mumbai, Delhi, Pune, Hyderabad top cities driving BNPL demand Smartphones, Electronics, Fashion, Travel drive BNPL demand in 2021 Fashion, lifestyle & travel BNPL transactions grew by 2.3X Millennials and GenZ customer base up by 2X and...
Monneo Expands Local Banking Network with Global Leader
- 3 years 6 months ago
- Banking
Monneo, a virtual IBAN and corporate account provider has partnered with a global leader in money transfer services to expand its local banking network. The new agreement gives the company’s customers an indirect connection to more than 60 additional local banks in Europe, North America, South America, Asia and Australia and will help to dramatically speed up transaction times on cross-border payments.
Temenos Launches IMPACT Partner Program to Foster Open Collaboration and Innovation in the Financial Services Industry
- 3 years 6 months ago
- Banking
Temenos adopts partner-first strategy to drive faster innovation, a broader reach into new markets and segments and faster adoption of its open platform for composable banking Temenos (SIX: TEMN), the banking software company, today announced to strengthen its commitment to a partner-first future with the launch of the Temenos IMPACT Partner Program that will cover five different...
