Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One
- 9 months 1 week ago
- Payments
Convera, a global leader in commercial payments, today introduced its embedded payments solution for the education industry through its new partnership with Ascent One, the world’s first ecosystem purposely built for the education sector. This solution aims to simplify cross-border payments for education agents and international students, addressing a key challenge in the education industry.
52% of Consumers Prefer Insurers Investing in Tech for Better Claims Experience After Severe Weather, Insurity Survey Finds
- 9 months 1 week ago
- Insurtech
Insurity, the leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, today announced findings from its 2024 Severe Weather Consumer Pulse Survey, revealing deeper insights into consumer opinions on how severe weather events influence their insurance coverage decisions. Insurity’s survey uncovered a shift in consumer priorities, emphasizing that cost is no longer the greatest driver for policy selection.
Sift Unveils ThreatClusters: Revolutionizing Fraud Detection with Industry-Specific Consortium Models
- 9 months 1 week ago
- Security
Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today announced the launch of ThreatClusters, a groundbreaking data science innovation for fraud detection. ThreatClusters enhances fraud decision accuracy by adding a critical layer of industry-specific model insights, combining the precision of customer-specific risk models with the broad intelligence of a global model to derive risk signals unique to...
DMI Finance Announces a USD 334 Million Equity Investment by Mitsubishi UFJ Financial Group, Inc.
- 9 months 1 week ago
- Fundraising News
DMI Finance Private Limited (“DMI Finance”), the NBFC arm of the DMI Group (“DMI Group”), today announced an INR 2798 crore (approximately USD 334 million) equity investment by Mitsubishi UFJ Financial Group, Inc. (“MUFG”) through its consolidated subsidiary MUFG Bank, Ltd (“MUFG Bank”). This brings the total investment by MUFG in DMI Finance to INR 4712 crores (approximately USD 565 million).
Siepe Raises $30 Million to Transform Data Management in Private Credit and CLO Markets
- 9 months 1 week ago
- Fundraising News
Siepe LLC, a trusted provider of software and technology-enabled services for private credit and CLO managers, has raised $30 million in a Series B funding round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM). The investment will drive a multi-product roadmap, including the expansion of its AI and Machine Learning capabilities, and strengthen strategic partnerships.
Socure Promotes Digital Identity Leader Matt Thompson to Chief Revenue Officer
- 9 months 1 week ago
- People Moves
Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced the promotion of Matt Thompson to Chief Revenue Officer (CRO) from Senior Vice President and GM of its public sector business. Thompson will oversee all revenue-generating and partner-facing problem solving functions across Socure’s commercial and government sectors.
Bitget Collaborates with KoinX to Simplify Crypto Tax Reporting for Traders
- 9 months 1 week ago
- Cryptocurrencies
Most Innovative European and British Start-Ups to Take Over Dubai This October with Their Largest Presence Ever at Expand North Star
- 9 months 1 week ago
- FinTech StartUps
Expand North Star, the world’s largest start-up event, returns from 13-16 October 2024 to the iconic Dubai Harbour, featuring its biggest European and British participation ever seen. The 9th edition of the landmark start-up show based in Dubai is expected to bring together over 2,000 start-ups, with more than 400 from Europe and the United Kingdom joining the four-day exhibition.
FinTech Wales and Future Finance Join Forces to Drive Financial Innovation
- 9 months 1 week ago
- Financial
FinTech Wales, the independent membership association and champion of the FinTech and Financial Services industry in Wales, has today announced a new community partnership with Future Finance at its monthly Networking Breakfast event, hosted by Atamis.
Cumula 3 Partners with Paystand to Deliver Rapid, Fee-Free Integrated Cloud and Payment Solutions
- 9 months 1 week ago
- Payments, Cloud
Cumula 3, a leading provider of cloud-based solutions for NetSuite, announces a strategic partnership with Paystand, a pioneer in next-generation B2B payment solutions.
U.S. Bank Acquires Healthcare Payments Platform Salucro Healthcare Solutions
- 9 months 1 week ago
- Payments
U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has acquired Salucro Healthcare Solutions LLC. The Tempe, Arizona-based company provides healthcare financial technology, focused on patient payments and billing.
Thera Raises $4 Million in Seed Funding
- 9 months 1 week ago
- Fundraising News
Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels in the round include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The company will use the funds to accelerate its growth by further developing its platform and expanding its team in New York City.
Surety Bank Chooses the Apiture Digital Banking Platform to Power Online and Mobile Banking
- 9 months 1 week ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that Surety Bank, a Florida-based community bank with customers nationally, has selected the Apiture Digital Banking Platform to power online and mobile banking for its commercial and retail customers.
Arch Lending Raises $75M to Build the New Standard of Crypto Lending
- 9 months 1 week ago
- Fundraising News
Arch Lending, the most trusted crypto-backed loan provider, today announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan financing facility. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures with participation from Galaxy Ventures, BitGo Ventures, and more.
Lincoln Savings Bank (LSB) Joins American Fintech Council (AFC)
- 9 months 1 week ago
- Banking
The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of Lincoln Savings Bank (LSB) as its newest member. Founded in 1902, LSB is owned and managed by Iowans and offers full-service community banking and financial services, in addition to fintech and banking as a service offerings through its LSBX division.
