Adyen Finds the UK Retail Sector Lost £11.3 Billion to Fraud Last Year
- 2 years 6 months ago
- Fraud Detection
Adyen, the global financial technology platform of choice for leading businesses, has today published new research revealing the billions the UK retail sector loses to fraudulent activity annually.
Hokodo Secures €100M Debt Facility to Facilitate €1.5Bn of B2B Transactions Over the Next 2 Years
- 2 years 6 months ago
- Fundraising News
Hokodo, Europe’s leading provider of digital payment terms solutions, has today announced a new €100 million debt facility from Viola Credit, a global credit investment manager focused on supporting the growth of the innovation economy.
GFT Teams Up with Google Cloud to Launch ‘GenAI Intelligent Assistant’
- 2 years 6 months ago
- Artificial Intelligence
Projections show that the global AI adoption rate could grow as much as 40% between 2023 and 2030. This anticipated growth is a fitting context for the announcement of an innovative offering that sees Google Cloud’s Industry Value Networks and GFT combine efforts, along with independent software vendors (ISVs), to bring forward a new GenAI Intelligent Assistant for banks to support their customer service.
Mastercard Announces New Cardholder Benefits to Enhance Health & Wellness, Travel and Lifestyle Rewards for Consumers, Small Businesses
- 2 years 6 months ago
- Credit Cards
Mastercard announced new credit card benefits, working with leading health & wellness, travel, and lifestyle brands to help bridge the gap between everyday essentials and enriching experiences. New offerings with Alo Moves, Booking.com, HealthLock, Instacart Business,
LexisNexis Risk Solutions Recognized as a Luminary in Celent's Financial Crime Compliance Technology Watchlist Screening Report
- 2 years 6 months ago
- Compliance
LexisNexis® Risk Solutions has been recognized as a Luminary in the Technology Capabilities Matrix of the Financial Crime Compliance Technology: Watchlist Screening Edition report from Celent. The analyst's matrix designates Luminary as the top category, equivalent to a leadership ranking.
SC Ventures and NEXT176 to Launch a Wealth Platform That Makes Financial and Wealth Planning Accessible to All
- 2 years 6 months ago
- Wealth Management
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and NEXT176, the venture building and investment arm of Old Mutual, a Pan-African financial services group, have joined forces to launch an inclusive financial wellness platform.
Electronica Finance Secures $48m in Series B
- 2 years 6 months ago
- Fundraising News
Electronica Finance Limited (EFL), one of India’s largest providers of loans to MSMEs (Micro, Small, and Medium Enterprises), today said that it has agreed upon $48 million of new funding.
Beeks and Securities & Trading Technology (STT) Announce Groundbreaking Partnership to Transform Exchange Trading and Clearing
- 2 years 6 months ago
- Financial
Beeks Group, a pioneer in financial cloud computing and connectivity solutions, and Securities & Trading Technology (STT), a leader in trading, clearing, and surveillance technology, are delighted to announce a strategic partnership that is set to reshape the future of exchange trading and clearing services. This collaboration introduces an innovative, service-based solution designed to meet the evolving needs of the global financial markets.
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth
- 2 years 6 months ago
- Fundraising News
PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by home improvement and elective medical loans and a 144A transaction rated by KBRA.
Netgain Announces $35 Million Investment from Summit Partners to Accelerate its Mission to Modernize Accounting
- 2 years 6 months ago
- Fundraising News
Netgain, a leading software provider for finance and accounting teams, today announced a $35 million minority investment led by global growth investor Summit Partners. The funding will be used to fuel product development, and team expansion and support Netgain’s overall commitment to helping accountants gain time back in their day by automating routine tasks.
Oka™ Closes $10-Million in Funding
- 2 years 6 months ago
- Fundraising News
Oka, The Carbon Insurance Company (Oka)™ has closed a $10-million investor raise that sets the foundations for its next growth phase.
Hello Alice Announces Series C Funding Round
- 2 years 6 months ago
- Fundraising News
Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections, and opportunities, announced today the close of a Series C funding round with QED Investors, Mastercard, and others, bringing their total company valuation to $130 million. This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses.
Finzly Launches Account Galaxy: Embedded Banking Solution with Virtual Account and Virtual Ledger Capabilities
- 2 years 6 months ago
- Banking
Moomoo and Nasdaq Announce Global Strategic Partnership; Empowering Investors with Premier Data Solution, Nasdaq TotalView®
- 2 years 6 months ago
- Trading Systems
Moomoo, one of the world's leading investment and trading platforms, has proudly announced a global strategic partnership with Nasdaq, a premier provider of platforms and services for global capital markets. This collaboration marks a significant milestone in the longstanding relationship between the two esteemed brands, who share a commitment to empowering investors with advanced trading technology and comprehensive market insights.
Xoom Enables PayPal USD as a Funding Option for Cross-Border Money Transfers
- 2 years 6 months ago
- Foreign Exchange
Xoom, PayPal's cross-border money transfer service, announced today that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin. Rolling out to customers in the U.S. starting today, the new funding option will allow U.S.
