Semperis Secures $125 Million in Growth Financing
- 7 months 3 weeks ago
- Fundraising News
Semperis, a pioneer in identity-driven cyber resilience, today announced it secured $125 Million in growth financing from J. P. Morgan and Hercules Capital. Following a $200 million Series C round in 2022 led by KKR, the new $125 million growth financing enables Semperis to further invest in product innovation and support a rapidly expanding global customer base.
PayPal Names Srini Venkatesan as Chief Technology Officer
- 7 months 3 weeks ago
- People Moves
PayPal Holdings, Inc. today announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO), effective June 24, reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire PayPal ecosystem, including analytics and data science, artificial intelligence (AI) and machine learning, information security, infrastructure operations, and product...
Adyen Recognized in IDC MarketScapes for Retail Online and Omni-Channel Payment Platforms Worldwide
- 7 months 3 weeks ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today was recognized as a Leader in the IDC MarketScape: Worldwide Retail Online Payment Platform Software Providers 2024 Vendor Assessment[1] and IDC MarketScape: Worldwide Retail Omni-channel Payment Platform Software Providers 2024 Vendor Assessment[2]. Adyen was recognized for the following strengths - comprehensive solution, innovation, and focus on merchants.
ConnexPay Adds Kurt Adams to Board of Directors
- 7 months 3 weeks ago
- People Moves
ConnexPay, the world’s first all-in-one payments platform, today announced the addition of Kurt Adams to the company’s board of directors. A fintech industry veteran, Adams brings more than two decades of experience, most recently serving in executive roles at Optum Financial and Fleetcor (now Corpay).
Singapore Publishes Updated Money Laundering National Risk Assessment
- 7 months 3 weeks ago
- AML and KYC
Singapore published today its updated Money Laundering (ML) National Risk Assessment (NRA), as part of Singapore’s continuing efforts to maintain the effectiveness of its anti-money laundering (AML) regime amidst the evolving risk landscape.
Four Financial Services Industry Leaders Join DTCC Board of Directors
- 7 months 3 weeks ago
- Trading Systems
DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that four new Board Members have joined its Board of Directors.
Gynger Secures $20M in Series A Funding Round led by PayPal Ventures
- 7 months 3 weeks ago
- Fundraising News
Gynger, the first embedded financing platform for technology purchases, announced today that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. Gynger will use the funding to scale its team and operations and accelerate its vision of transforming its embedded financing platform into a full-scale payments solution for buying and...
AI to Transform the Future of Finance: Citi GPS Report Projects $2 Trillion in Global Banking Profits by 2028
- 7 months 3 weeks ago
- Artificial Intelligence
Artificial Intelligence (AI) is poised to revolutionize the finance industry, potentially driving global banking profits to an astonishing $2 trillion by 2028, according to a newly released Citi GPS report. This represents a 9% increase in profits over the next five years, marking a significant milestone in the financial sector.
Fiserv Appoints Takis Georgakopoulos as Senior Advisor and Member of the Management Committee
- 7 months 3 weeks ago
- People Moves
Fiserv, Inc. a leading global provider of payments and financial services technology solutions, today announced that Takis Georgakopoulos will join Fiserv as a Senior Advisor, Executive Vice President, and a member of the Management Committee, effective September 3, 2024.
Over Half of Financial Institutions Use Faster Payment Technologies, According to Faster Payments Council
- 7 months 3 weeks ago
- Payments
56% of financial institutions, payment providers and businesses have integrated faster payment technologies in their payment infrastructures, according to research from the Faster Payments Council (FPC). Over a third, 35%, said they are planning to introduce faster payment technologies in the future, while 9% have no plans to.
Innzpira: Revolutionising Risk Assessment in Banking with Predictive Psychology© and Machine Learning
- 7 months 3 weeks ago
- Banking
Innzpira, a pioneering company in Predictive Psychology© and machine learning, announces a solution designed to revolutionise how banks and financial institutions assess client risk aversion. This innovative approach enables financial entities to offer tailored products that align perfectly with the comfort levels and preferences of their clients, enhancing customer satisfaction and financial outcomes. Innzpira showcased this cutting-edge...
B2Core Back-Office CRM v13 and iOS v1.23 Update: Higher Efficiency and Improved UX
- 7 months 3 weeks ago
- Trading Systems
The leading CRM solution provider, B2Core, has introduced yet another update to its back-office management system and mobile application, this one focusing on user experience and enhanced eff
Capital.com Partners with Trulioo to Deliver State-of-the-Art Customer Onboarding Experience
- 7 months 3 weeks ago
- Trading Systems
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a strategic partnership with Capital.com, a high-growth retail trading platform, to support its global expansion with streamlined, convenient onboarding.
Flutterwave Leads Fight Against Fraud with EFCC Partnership
- 7 months 3 weeks ago
- Security
Flutterwave, Africa’s leading payments technology company, has committed to partnering with Nigeria's Economic and Financial Crimes Commission (EFCC) to establish and lead a state-of-the-art Cybercrime Research Center. This strategic initiative aims to intensify the fight against internet crime, enhance the security of business transactions, and provide a sustainable lifeline to youths across the country.
Numerated Secures Strategic Investment from Citi to Enhance Offering of AI-Driven Financial Analysis
- 7 months 3 weeks ago
- Fundraising News
Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process.
