docStribute Appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
- 10 months 2 days ago
- People Moves
London-based RegTech company, docStribute, today announces the appointment of Manila McLean to the board of the Company as an independent Non-Executive Director with effect from 15 April 2024.
SC Ventures Makes Strategic Investment in Algbra, Establishes Partnership With Its UK Sustainable Finance Platform Shoal
- 10 months 2 days ago
- Fundraising News
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has announced a strategic investment in Algbra, an ethical finance-focused and sharia-compliant UK-based fintech. As part of the agreement, Shoal, SC Ventures’ sustainable finance platform, will partner with Algbra. The terms of the deal are undisclosed.
Fils and Aion Announce Strategic Partnership to Help Financial Institutions Integrate ESG Principles into Services Across the Middle East
- 10 months 2 days ago
- Banking
Fils, a pioneering force in climate-positive transactions, empowering businesses of all sizes to embed climate-positivity into transactions using their APIs, is thrilled to announce a strategic partnership with Aion, a leader in digital banking solutions. This groundbreaking collaboration aims to set new standards in sustainable finance, leveraging cutting-edge technology to drive meaningful change in the financial industry across the MENA...
Frollo Calls for Use Case-Based Approach to Improve Open Banking Data Quality
- 10 months 2 days ago
- Open Banking
Frollo, Australia's leading Open Banking provider, calls for a collaborative, use case based approach to enhancing data quality in the country's Consumer Data Right (CDR) ecosystem. With nearly four years of experience in the space, Frollo has a unique vantage point on data access and quality in the Consumer Data Right.
Tabs Secures $7M in Seed Funding Led By Lightspeed to Advance its AI-powered B2B Accounts Receivable Platform
- 10 months 5 days ago
- Fundraising News
Tabs, an Accounts Receivable (AR) platform for B2B businesses, today announced a $7 million seed funding round led by Lightspeed Venture Partners. This brings the company’s total amount raised to $12 million, including a pre-seed round from Primary Ventures. The investment will fuel Tabs' mission to reimagine B2B AR processes at a critical time when most businesses struggle to collect cash and find profitability.
EQT to Sell Rimes, a Global Leader in Enterprise Data Management Solutions for the Investment Industry, to Five Arrows
- 10 months 5 days ago
- Infrastructure
EQT is pleased to announce that EQT Mid Market Europe ("EQT"), together with its co-shareholders, has agreed to sell Rimes to the Five Arrows Long Term Fund and Five Arrows Principal Investments (together "Five Arrows"). Five Arrows is the alternative assets arm of Rothschild & Co.
FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation
- 10 months 5 days ago
- Fundraising News
FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, today announced the successful closure of its Series E funding round, raising $100 million. The round was led by ICONIQ Growth, with Roy Luo, representing ICONIQ Growth, joining FloQast’s Board of Directors. BDT & MSD Partners and WiL (World Innovation Lab) also join as first-time investors, alongside the continued participation from board...
Token.io Bolsters Executive Team with Key Appointments
- 10 months 5 days ago
- People Moves
Leading account-to-account (A2A) payment infrastructure provider Token.io has announced the appointment of three executives to its senior leadership team, positioning the company for further growth. The company is pleased to welcome Ronnie d'Arienzo as Chief Commercial Officer, Tatiana Okhotina as Chief Financial Officer, and Tim Corke's transition from Chief Customer & Strategy Officer to Chief Operations Officer.
Revolutionizing Security: Veridas Unveils Voice Shield to Combat Voice Fraud
- 10 months 5 days ago
- Fraud Detection
Veridas is launching a Voice Shield solution to provide an efficient and ready-to-use service for this problem. With over 5 million processes worldwide with voice biometrics alone, Veridas brings “Voice Shield” to the market as the highest level of anti-fraud technology.
Verituity Joins Forces with Mastercard to Accelerate Secure Domestic and Cross-Border Payouts
- 10 months 5 days ago
- Payments
Verituity, a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move, Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.
Finastra Launches Small Business Data Collection Solution to Help Financial Institutions Comply with DFA 1071
- 10 months 5 days ago
- Data
Finastra, a global provider of financial software applications and marketplaces, today announced the launch of its Small Business Data Collection module, which enables banks to easily comply with the Equal Credit Opportunity Act (ECOA) small business data collection requirements, mandated by Section 1071 of the Dodd-Frank Act (DFA).
Navy Federal Credit Union Announces 7-year Strategic Partnership with Backbase
- 10 months 5 days ago
- PaaS
Backbase, the leading Engagement Banking Platform provider, announces today the renewal and expansion of its partnership with Navy Federal Credit Union, the world’s largest credit union with more than 13 million members and $171 billion in assets, proudly serving U.S. veterans, retired service members and active duty in all branches of the armed forces and their family members.
Finzly Among the First to Receive Fed Certification for Fedwire ISO 20022
- 10 months 5 days ago
- Banking
Finzly, the pioneering provider of modern money movement systems to financial institutions, today announced its achievement as one of the first Third-Party Service Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire. This landmark accreditation positions Finzly at the forefront of innovation, enabling financial institutions to transition to the next generation of payment processing.
Lloyds Bank Warns Holidaymakers on Scams
- 10 months 5 days ago
- Security
With summer fast approaching, Lloyds Bank is warning hopeful holidaymakers they could fall victim to a scam when booking a trip. These scams have risen 7% over the past year, with people losing £765 on average, with those aged 35 to 44 - often booking trips for their families – making up over a quarter of victims (27%).
Satago Partners with mmob to Simplify and Speed Up its Embedded Finance Proposition
- 10 months 5 days ago
- Lending
Today, Satago, a leading fintech that provides Working Capital solutions, and mmob, the universal API adaptor, announced the launch of a new partnership. This collaboration enables lenders and corporates to embed Satago’s flexible Invoice Finance and Cash Flow solutions, using mmob’s hyper-efficient integration capabilities.
