Digital SME Business Account Provider wamo Raises $1.5M in Seed Extension

• 1 year 5 months ago
• Fundraising News

wamo, the digital business account provider for SMEs, headquartered in London and Malta, has raised $1.5M from investors in a seed extension round led by Finberg and RePie Asset Management among others. The investment follows its seed round in November where wamo raised $1.5M, taking its total funding to $6.8M.

The ai Corporation Extends Collaboration With Shell to Utilise Cutting-edge Autopilot Machine Learning to Protect Shell Card Users From Fraud

• 1 year 5 months ago
• Fraud Detection

The ai Corporation has extended its collaboration with Shell Business Mobility to protect Shell Card users from fraud. By combining ai’s unique, cutting-edge,Autopilot Machine Learning (APML) technology, which automates the optimisation of its anti-fraud systems, with ai’s RiskNet® fraud management platform, and its team of managed service expert analysts, ai will help to enhance Shell’s fraud detection and prevention capabilities.

Validis Unveils Updated Brand, Reflecting Singular Focus on Connecting Financial Data

• 1 year 5 months ago
• Data

Validis, a leader in financial data connection, is thrilled to announce an exciting rebranding initiative that marks a significant milestone in the company’s evolution. The updated brand system includes a striking new mark, modern color palette, tone, and imagery, all reflected in a ground-up rebuild of its website and digital assets. Combined, these efforts reinforce Validis’ commitment to its customers in the global Accounting and Financial...

Digital Payments Survey: 3 in 5 Americans Expect All Payments to Become Digital

• 1 year 5 months ago
• Payments

Three in five Americans (58%) expect all payments to be digital in the near future, rising to two thirds among millennials (67%), according to a new survey “Cashing in on the rise of digital – key trends in US payments” for banking platform provider, Temenos.

From Intesa Sanpaolo And Nexi: The Innovative Solution That Turns The POS Into An App

• 1 year 5 months ago
• e-Payments

FinFactor Raises AUM and Clients Thanks to Objectway’s Investment Management Solution

• 1 year 5 months ago
• PaaS

Objectway, global Top100 FinTech provider of as-a-service software and services to banks, wealth and asset managers, has been partnering with FinFactor to support the investment firm managing more business more efficiently, ultimately accelerating their client base growth.

New Entrust Solutions Meet Zero Trust Challenges with Enhanced Security Governance over Applications, Encryption Keys and Secrets

• 1 year 5 months ago
• Security

Entrust, a global leader in identity and data security, today announced new capabilities to help organizations enhance their data protection and security posture and advance their Zero Trust maturity journey.

TS Imagine Introduces WealthSmart, a Multi-asset Class Solution for Wealth Managers and Private Banks

• 1 year 5 months ago
• SaaS

TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, today introduces WealthSmart, an innovative, all-in-one system developed for private banks and wealth managers. The wealth management industry has experienced a seismic transformation this year, driven by consolidation, shifting investor demographics, evolving client expectations, and ongoing market volatility.

Laser Digital Asset Management Launches Bitcoin Adoption Fund for Institutional Investors

• 1 year 5 months ago
• Asset Management

Nomura's digital assets subsidiary, Laser Digital, today announces the launch of their Bitcoin Adoption Fund. The fund, which provides a seamless way for institutional investors to access the digital asset class, will be the first in a range of digital adoption investment solutions that Laser Digital Asset Management will bring to the market.

New Figures Cement Latin America’s Position as an Emerging E-Commerce Powerhouse Despite Inflation

• 1 year 5 months ago
• E-Commerce

Today PayU GPO, the leading online payment service provider operating in over 30+ emerging markets, announces the publication of LatAm E-Commerce Report 2023, its annual report exploring e-commerce in Latin America. In Latin America, PayU GPO observed a remarkable 2.8X increase in sales value.

Worldline Joins the Open Invention Network Community

• 1 year 5 months ago
• Payments

Open Invention Network (OIN), the organization formed to safeguard open source and now the largest patent non-aggression community in history, announced today that Worldline has joined as a community member. As a global leader in payments services and a technology partner-of-choice for merchants, banks and acquirers, Worldline is reinforcing its commitment to open source software as an enabler of advanced financial services payment platforms.

TransferGo Founders Become the First Lithuanians to be Invited to the Global Entrepreneur Network, Endeavor

• 1 year 5 months ago
• FinTech StartUps

Daumantas Dvilinskas and Justinas Lasevičius have become the first Lithuanians to join the prestigious global entrepreneur network, Endeavor.  Endeavor is the leading global community of, by and for high-impact entrepreneurs - those who dream bigger, scale faster and pay it forward. Driven by the belief that high-impact entrepreneurs transform economies, Endeavor is on a mission to build thriving entrepreneurial ecosystems in emerging and...

Zodia Custody Partners with OpenEden to Provide Yield Opportunities for Institutions

• 1 year 5 months ago
• Blockchain

Zodia Custody, a leading institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, is today announcing it has partnered with OpenEden, a compliance-first partner that connects real-world yield opportunities with on-chain assets through its innovative platform that int

Reward Welcomes New Vision with Key Strategy and Programme Director Appointment

• 1 year 5 months ago
• People Moves

Reward Finance Group has appointed Sharon Ellis as its strategy and programme director. With the majority of her career spent in business banking, Sharon will be pivotal in steering the strategic direction and vision of the business.

Global CX Provider Ubiquity Launches Outsourcing Guide for European Fintechs

• 1 year 5 months ago
• Data

Ubiquity, the leading global business process outsourcer for industry innovators, today announces the publication of a first-of-its-kind whitepaper, aimed at helping European fintech scaleups to leverage outsourcing to adapt to fast-changing market conditions.