SoFi To Acquire Galileo Financial Technologies
- 6 years 2 months ago
- Personal Finance, M&A Deals
SoFi, the online personal finance company, announced it has signed a definitive agreement to acquire Galileo Financial Technologies (“Galileo”), the powerful financial services API and payments platform.
QuantaVerse Expands Capabilities of AI-Powered Financial Crime Platform with New Enhancements
- 6 years 2 months ago
- Artificial Intelligence, Platform Technology
QuantaVerse, the only company to offer an end-to-end financial crime platform that uses AI and machine learning to automate the majority of the AML investigation process, has announced new enhancements to its AI Financial Crime Platform.
Canadian Fund Manager 3iQ Launches Bitcoin Fund with MVIS CryptoCompare Institutional Bitcoin Index
- 6 years 2 months ago
- Bitcoins
CryptoCompare is pleased to announce that the MVIS CryptoCompare Institutional Bitcoin Index has been licensed to 3iQ Corp for The Bitcoin Fund (Ticker: QBTC.u on the Toronto Stock Exchange). The exchange listing will take place on Thursday, April 9th. The MVIS CryptoCompare Institutional Bitcoin Index is a rules-based index, intended to give investors a means of tracking the performance of Bitcoin on selected top tier exchanges. These...
Oneplanetcrowd raises EUR 1 million growth finance from European Investment Fund
- 6 years 2 months ago
- Investment
In order to further develop its platform and achieve further growth, Oneplanetcrowd has attracted funding from the European Investment Fund (EIF) via the EU’s Employment and Social Innovation Programme Capacity Building Investments window. The financing comes in the form of a favourable loan with a term of eight years. The required equity has been strengthened as all shareholders have converted their outstanding (convertible) loans into shares...
Q1 2020 KnowBe4 Finds Coronavirus-Related Phishing Email Attacks Up 600%
- 6 years 2 months ago
- Covid-19
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, revealed the results of its Q1 2020 top-clicked phishing report.
Privitar Closes $80 Million Series C Funding Round Led by Warburg Pincus
- 6 years 2 months ago
- Banking, Security, Data, FinTech StartUps
Privitar, the leading data privacy platform provider, today announced that it has completed an $80 million Series C funding round led by Warburg Pincus, a global private equity firm focused on growt
Tide adds clarity to government cash for businesses with Eligibility Tracker
- 6 years 2 months ago
- Banking
Tide, the UK’s leading business banking platform[1], has today announced the launch of its Coronavirus Government Support Eligibility Checker to help SMEs get access to the financial aid they need during this time of crisis.
ACI Worldwide Introduces New “Delay My Payment” Capability to Help Address Bill Payment Challenges for Billers and Consumers Throughout Crisis
- 6 years 2 months ago
- Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic paym
Regulation gives boost to card acceptance in Europe
- 6 years 2 months ago
- Payments
Regulations and ongoing rollouts of contactless terminals at the point of sale are boosting card acceptance networks, with cardholders throughoutEurope increasingly using their cards for low-value payments Payment cards now accepted at 13 million outlets in Europe
Appian Helps Banks Automate Lending under the CARES Act Payment Protection Program (PPP)
- 6 years 2 months ago
- Lending, Payments, Banking
Appian (NASDAQ: APPN) today announced an application that enables banks to accept and manage PPP loan applications from small businesses, support their unique servicing requirements, and ensure compliance for Payment Protection Program loans under the new CARES Act. The new application can be live in just days, and can be quickly extended with advanced automation features including RPA and AI-powered intelligent document processing. Appian will...
Surge in Remote Working Leads iManage to Launch Virtual AI University for Companies that Want to Harness the Power of the RAVN AI Engine
- 6 years 2 months ago
- Artificial Intelligence, Virtual Reality
iManage, the company dedicated to transforming how professionals work, today announced that it has rolled out a virtual Artificial Intelligence University (AIU), as an adjunct to its customer on-site model.
Temenos smooths banks transition from London Interbank Offer Rate (LIBOR) to Risk-Free Rates (RFRs)
- 6 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, announced the availability of its updated banking software products to ease banks’ transition from the London Interbank Offered Rate (LIBOR) to alternative Risk-Free Rates (RFRs), which is mandated by year-end 2021. Temenos software covers the full range of banking products that can be linked to the global benchmark including corporate loans, floating-rate notes, and interest-rate swaps.
PPS Powers koto – The First E-money Account to Provide Credit
- 6 years 2 months ago
- Payments
PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today announced its partnership with koto, the new credit app which offers a unique combination of e-money with credit for a fixed fee. Leading the way in digital payment innovation, koto’s strategic partnership with PPS carries with it two industry firsts; not only is it the first e-money account to offer credit, but is also the first to...
Finantix confirms closing of acquisition of InCube, bringing its AI and data science expertise into its wealth management and insurance portfolio
- 6 years 2 months ago
- M&A Deals
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, confirms the closing of its acquisition of InCube Group AG on April 8 2020. The acquisition of Zurich-based InCube brings Artificial Intelligence (AI) enabled offerings and solutions to Finantix. Those have been developed by an interdisciplinary team of machine learning specialists, quant and software engineers and finance...
VAKT ecosystem expands commodities inspection services with Intertek
- 6 years 2 months ago
- Blockchain
AKT, the company re-imagining commodity post-trade processing underpinned by blockchain, has partnered with leading total quality assurance provider, Intertek, to bring its first-class commodity testing, inspection and certification services to the platform. Intertek joins an ecosystem that already includes some of the world’s largest commodity trading companies, CTRM systems, inspection and paperless trade services. Day by day, the VAKT vision...
