General News

June 4, 2023 @ 12:21 pm By Omar Faridi  |  

Ubiquity, a global business process outsourcer for industry innovators, announces the following three executives have joined its team “to support business development across the U.S. and expand its footprint in the U.K. and Europe:” Brad Richardson as chief sales officer; John Goodale as executive director,… Read More

June 4, 2023 @ 6:17 am By Omar Faridi  |  

insightsoftware, a global provider of reporting, analytics, and performance management solutions, announced the evolution of Longview Tax with capabilities for BEPS 2.0 Pillar Two. Organizations can “implement the comprehensive solution for all tax reporting challenges, or opt for a new standalone offering for BEPS 2.0… Read More

June 3, 2023 @ 9:18 pm By Omar Faridi  |  

Mambu, the cloud banking platform, has announced the departure of Chief Executive Officer and co-founder, Eugene Danilkis “effective immediately.” Eugene has “made the decision to step down after thirteen years at the company for personal reasons.” He will continue “to play an important role in… Read More

June 3, 2023 @ 11:11 am By Omar Faridi  |  

Kasisto, creators of KAI, the digital experience platform for the financial services industry, announced the launch of KAI-GPT, the world’s first banking-specific large language model (LLM), designed to address the industry’s unique needs for accuracy, transparency, trustworthiness and customization. Powered by KAI-GPT, KAI Answers is… Read More

June 3, 2023 @ 8:47 am By Omar Faridi  |  

Proxymity, the digital investor communication platform, and Clearstream, the post-trade business for global markets, have expanded their partnership “to create a digital general meeting announcement solution.” Historically, communication between issuers and investors was “initiated through multiple disparate sources and using different modalities, causing delays and… Read More

June 2, 2023 @ 9:06 am By Omar Faridi  |  

White Clay, a company that helps community and regional financial institutions improve relationships and increase revenue, announced the launch of its Treasury Management Pricing and Profitability solution. Determining the pricing and profitability of treasury management relationships can often be manual and cumbersome, “requiring bankers to… Read More

June 1, 2023 @ 6:38 pm By Omar Faridi  |  

Non-custodial wallet-as-a-service (WaaS) provider and web3 onboarding solution to expand its enterprise-ready product suite to support growing customer base. Magic, which claims to be the leading wallet-as-a-service (WaaS) provider, has announced it has raised $52 million in a strategic funding round led by PayPal Ventures,… Read More

June 1, 2023 @ 1:17 pm By Omar Faridi  |  

Traderpal is described as a simple and easy-to-use app designed to democratize access to financial markets for Spanish-speaking individuals. With Traderpal, users can “invest in thousands of US stocks, and ETFs and start building a diversified investment portfolio to help them achieve their financial goals.”… Read More

June 1, 2023 @ 12:11 pm By Omar Faridi  |  

Diebold Nixdorf, Incorporated (NYSE:DBD) announced it has entered into a restructuring support agreement with certain of its key financial stakeholders in order “to effectuate a comprehensive debt restructuring transaction that is intended to be completed efficiently and quickly.” The restructuring is expected “to significantly reduce… Read More

May 31, 2023 @ 11:45 pm By Omar Faridi  |  

The European Central Bank (ECB) has published its card fraud report, which is “based on information provided by 20 card payment scheme operators.” Card fraud in 2021 “continued its downward trend, falling to its lowest level since data collection began.” It reportedly “constituted 0.028% of… Read More

May 31, 2023 @ 11:17 am By Omar Faridi  |  

Unqork, the Codeless as a Service platform, announced the availability of the Unqork platform on the Microsoft Azure Marketplace, which offers IT software applications and services built by technology companies, optimized to run on Azure. Unqork enables customers “to democratize technology and free themselves from… Read More

May 31, 2023 @ 9:04 am By Omar Faridi  |  

Muse Finance, a working capital business finance provider – today announces the appointment of Julie Ashmore “as COO to help achieve its ambition to reach 30,000 customers and provide £1.5bn of SME financing in the next three years.” With three decades of experience in fintech,… Read More

May 30, 2023 @ 10:52 am By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, announces the appointment of Eve Read, Senior Director of Strategic Delivery, to the new industry coalition, the Pension Equity Group. Today marks the launch of the Pensions Equity Group (‘PEG’), a… Read More

May 29, 2023 @ 10:45 am By Omar Faridi  |  

Nordic Capital Advisors has announced the appointment of Mohit Agnihotri as a Partner. Mohit reportedly “has over two decades of investment banking, investing and consulting experience in Financial Technology, Payments and broader Software & Technology sectors.” He will now “become a key member of Nordic… Read More

May 28, 2023 @ 9:05 pm By Omar Faridi  |  

NatWest Group has announced that, from today, it aims to provide an additional £1 billion in lending to the UK Manufacturing sector by the end of 2030, aiming “to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy… Read More

May 27, 2023 @ 4:46 pm By Omar Faridi  |  

As noted in an update from ubank, 80% of financially stressed young Aussies “are experiencing mental health impacts.” According to new YouGov research commissioned by ubank, there are “a number of concerning insights around the ways financial anxiety is impacting the mental and physical health… Read More

May 27, 2023 @ 8:27 am By Omar Faridi  |  

SolomonEdwards, a national professional services firm, is proud to announce the acquisition of 29Bison – a human capital advisory organization for the investment community – “specializing in performing due diligence, value optimization, and pre- and post-transaction services.” 29Bison reportedly “helps companies evaluate and design the… Read More

May 27, 2023 @ 5:23 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced a $15,000 grant contribution and financial advisory commitment to Hamilton, MT-based nonprofit Loads of Dignity, a 501(c)(3) organization that “provides funds and supplies to individuals without housing to do laundry in a… Read More

May 24, 2023 @ 11:34 am By JD Alois  |  

The University of Agder’s School of Business and Law Crowdfunding Research Centre has kicked off the European Crowdfunding Market Survey. The survey is being supported by the following entities: Bulgarian Fintech Association (Bulgaria) Bundesverband Crowdfunding eV (Germany) Czech and Slovak Crowdfunding Association (Czech Republic and… Read More

May 22, 2023 @ 11:16 pm By Omar Faridi  |  

Trulioo, a global identity verification platform, announced the appointment of Erika Rottenberg to its board of directors. Rottenberg reportedly “brings extensive technology and business expertise to the Trulioo board and reinforces the company’s position as the platform global businesses turn to for growth, innovation and… Read More