MCO Strengthens Compliance Oversight for Financial Services Firms and Banks
- 6 months 4 weeks ago
- RegTech
MCO (MyComplianceOffice), a leading provider of compliance technology, continues to deliver on its commitment to helping financial services firms and banks strengthen governance, reduce operational risk and accelerate decision making. The MyComplianceOffice platform has long supported firms with a single system and data set that simplifies compliance management, improves oversight and enables quick response to issues.
Access PaySuite Launches AI-Powered Income Management EVO to Transform Public Sector Financial Management
- 6 months 4 weeks ago
- Management
With public sector teams under increasing pressure from more demand, limited resources and disconnected systems, Access PaySuite has unveiled Income Management Evo, its next generation, AI-powered software experience.
First Fed Bank Launches Apiture for Elevated Business Banking Experience
- 6 months 4 weeks ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that
Business Loan Capital (BLC) Chooses LenderAI to Streamline Originations in Its Bridge Lending Business
- 6 months 4 weeks ago
- Lending
iBusiness Funding announced today a new partnership with Business Loan Capital (BLC), a private, non-bank, direct real estate lender. Leveraging iBusiness Funding’s LenderAI solution, BLC can now originate and process bridge loans faster and with greater transparency, enabling them to scale their lending business and originate more loans.
Cross River Provides $150 Million Credit Facility to EarnIn to Expand Access to On-Demand Pay
- 6 months 4 weeks ago
- Payments
Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced it has extended a $150 million senior secured revolving credit facility to Activehours, Inc. d/b/a EarnIn (“EarnIn”), a leading earnings management company.
New Economist Impact Report Finds AI Is Reshaping Insurance – Gradually
- 6 months 4 weeks ago
- Insurtech
Insurance leaders are beginning to see artificial intelligence (AI) move from hype to real-world impact, according to a new report from Economist Impact and sponsored by SAS. The research finds that emerging technologies such as generative AI haven't yet transformed the industry, but they are demonstrating gains in productivity.
Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems
- 6 months 4 weeks ago
- Banking
Data-driven core banking engine, SaaScada, today released a new report – The Great Cloud Con: From Cloud-Washed Imitation to Cloud-Native Innovation – exposing the spiralling costs and failures of outdated core platforms.
Zone & Co Launches Direct Bank Connectivity for ZoneReconcile
- 6 months 4 weeks ago
- Banking
Zone & Co, the ERP-native financial operations platform that unifies order-to-cash and procure-to-pay workflows at scale, today announced the launch of direct bank connectivity within ZoneReconcile. The new treasury feature allows finance teams to connect directly to more than 12,000 banks and financial institutions across the U.S., Canada and the European Union, streamlining transaction imports without leaving their ERP environment.
UPI Launches Program to Extend Payment Network for International Students
- 6 months 4 weeks ago
- Payments
UnionPay International (UPI), a global leader in payment solutions, announced the launch of its program for international students, in partnership with multiple universities, tuition payment platforms, student housing operators, and local banks.
Ripple Commits $25M to Boost American Small Businesses and Veteran Career Success
- 6 months 4 weeks ago
- Infrastructure
Ripple, a financial technology company that offers crypto solutions for businesses, today announced a $25 million commitment to leading nonprofits Accion Opportunity Fund and Hire Heroes USA. This funding, delivered in Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin, will expand access to capital for underserved small business owners and create career pathways for veterans and military spouses. It will also equip entrepreneurs with...
Bolt Launches Activate, a Founder-First Program to Accelerate Growth in Digital Commerce
- 6 months 4 weeks ago
- E-Commerce
Bolt, the checkout, identity and payments leader powering faster, smarter commerce, today announced the launch of Bolt Activate, a new program designed to help the next generation of innovative digital commerce founders bring their ideas to market faster and scale with confidence.
Street Wallet Acquires Digitip to Accelerate Financial Inclusion for Informal Workers in South Africa
- 6 months 4 weeks ago
- Payments
Street Wallet, the South African fintech empowering informal traders and service providers with accessible, low-cost digital payment solutions, is delighted to announce its acquisition of Digitip, a South African startup enabling informal workers to receive digital tips. The move strengthens Street Wallet’s footprint in KwaZulu-Natal and accelerates its mission to empower informal traders to enter the digital economy.
Bivial AG Launches Instant 24/7 Swiss Franc (CHF) Payments
- 6 months 4 weeks ago
- Payments
Swiss Financial Institution, Bivial AG, is pleased to announce the launch of instant 24/7 CHF payments through the SIC Instant Payments (SIC IP) clearing system. As an early adopter of this national infrastructure, Bivial now enables all clients to send and receive Swiss Franc payments instantly, 24/7, 365 days a year.
VoPay Expands Embedded Payments Offering With Real-Time PayPal and Venmo Payouts
- 6 months 4 weeks ago
- Payments
VoPay, a leading provider of Embedded Payments and Treasury-as-a-Service solutions, today announced an extension of its payment orchestration platform with real-time payouts to PayPal and Venmo. Effective immediately, businesses in North America can send funds directly to PayPal and Venmo accounts, unlocking faster, more flexible, and highly inclusive payout options.
Extend Secures $20 Million in New Capital and Hires Seasoned CFO
- 6 months 4 weeks ago
- Fundraising News
Extend, a leading spend and expense management platform, today announced it has secured $20 million in additional capital, including new venture debt and an equity investment led by B Capital, with participation from March Capital, Point72 Ventures, FinTech Collective, and new investor, Commerce Ventures.
