Axiom Bank, N.A. Partners with White Clay to Enhance Data Strategy
- 2 years 9 months ago
- Data
White Clay, a company that helps community and regional financial institutions improve relationships and increase revenue, announced its partnership with Axiom Bank, N.A.
For CFOs, Paystand Adds New Treasury Offerings for Managing Cash in the Wake of Bank Failure
- 2 years 9 months ago
- Banking
On Thursday, March 9, 2023, tens of thousands of companies that had all of their assets in Silicon Valley Bank (SVB) accounts went into a state of panic. Cash they depended on to make payroll and pay critical bills disappeared, as the 16th largest bank in the United States by assets defaulted.
Merkeleon and Sumsub Share Results of Partnership, Revealing 50% Increase in Crypto User Pass Rates
- 2 years 9 months ago
- AML and KYC
Merkeleon, a leading B2B crypto software company, today announces the results of its long-term partnership with Sumsub, an all-in-one verification platform, and what’s in store for the future.
Xapo Bank Integrates with Faster Payment System, Unlocking 24/7- 365 Zero-Fee Fund Settlement in Great British Pounds (GBP)
- 2 years 9 months ago
- Banking
Xapo Bank, a leading Bitcoin custodian and licensed private bank, today announced that it has integrated with the Faster Payment System (FPS) to offer 24/7 - 365 zero-fee fund settlement in the United Kingdom and overseas territories.
Stripe Raises More than $6.5B in Series I Funding Round
- 2 years 9 months ago
- Fundraising News
Stripe, which builds economic infrastructure for the internet, has signed agreements for a Series I fundraise of more than $6.5 billion (€6.15 billion) at a $50B (€47B) valuation. Primary investors include existing Stripe shareholders—Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital—as well as new investors including GIC, Goldman Sachs Asset and Wealth Management, and Temasek.
Apex Group Wins NewVest Mandate with Innovative Approach
- 2 years 9 months ago
- Asset Management
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces its appointment by NewVest’s inaugural Private Equity 50 Index Fund (“PE 50”).
Sam Farrell Joins Torstone as Head of North America
- 2 years 9 months ago
- People Moves
Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, today announces that Sam Farrell has joined the firm as Head of North America. Based in Toronto, Sam will have oversight of all the US and Canadian operations for Torstone. Sam will continue to expand Torstone’s footprint in North America, further establishing the business as a key provider within the US and Canadian markets.
VAT Tax Gap Estimated at £10.0 Billion for the Financial Year 2021-22
- 2 years 9 months ago
- Accounting
Ecospend, the leading payments platform in the UK, recently acquired by Trustly, outlines the potential of Open Banking payments to close the VAT tax gap which stands at £10 billion, or 6.9% of the VAT receipts received by the government, for the financial year 2021-22.
Adyen Drives Conversion Uplift with Advanced Authentication Solution
- 2 years 9 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, announces that it has further advanced its digital authentication solution, with ongoing pilots realizing a conversion uplift of up to 7%. Engineered to optimize authorization and therefore end revenue, the company’s expanded capabilities include Delegated Authentication, Data-Only, and Trusted Beneficiaries functionalities.
Surecomp and Contour Enter Strategic Partnership to Accelerate Interoperability Between Digital Trade Finance Solutions
- 2 years 9 months ago
- Trade Finance
Surecomp® today announced that it is partnering with Contour, one of the global digital trade finance networks, as part of a collaborative vision to drive the digital transformation of trade finance across financial institutions. Surecomp has over 35 years of expertise digitising trade finance processes and its integration with Contour’s decentralised network of banks and corporates will provide users with a fully integrated end-to-end trade...
Sparxpres Partners with Trifork and Tuum to Offer Future-proof Card and Financing Platform
- 2 years 9 months ago
- P-Cards
NextGen IT company Trifork and modular core banking technology provider Tuum have entered into a partnership to provide a bespoke card and financing platform to the Danish financial institution Sparxpres, part of Spar Nord. The agreement covers the creation of the platform and five years of subsequent development and operational support.
GoCardless Partners with Zapier to Automate Payment Processes Across 5,000+ Apps
- 2 years 9 months ago
- Payments
GoCardless, a global leader in bank payment solutions, has integrated with Zapier, the leader in no-code automation, to help businesses save time and energy when managing their payments.
Ex-Barclays Director Philip Harding Joins Cashflows Executive Team
- 2 years 9 months ago
- People Moves
Cashflows, the platform that makes it easy for merchants to accept payments, today announces the appointment of Philip Harding as Account Development Director.
Markets Look to Continued Growth in 2023 – valantic FSA’s Latest Sell-Side Fixed Income Expert Network Report
- 2 years 9 months ago
- Management
Participants in the Sell-side Fixed Income Expert Network have a broadly positive outlook for 2023 after an era-changing year in fixed-income markets, according to the latest report produced by Acuiti in association with valantic FSA.
Qik Banco Digital Dominicano Launches on the Temenos Banking Cloud
- 2 years 9 months ago
- Cloud
Temenos today announced that Qik Banco Digital Dominicano has launched on Temenos Banking Cloud, becoming the first digital-only bank in the Dominican Republic. Part of Grupo Popular, Qik combines more than five decades of banking experience with the operational agility and cutting-edge digital experiences enabled by the Temenos platform.
