Tagged: cloud

Interac Chooses Microsoft Azure for Virtual Payments Solution Development in Canada

Interac Corp. has announced an agreement with Microsoft (NASDAQ: MSFT) in order to use Microsoft Azure‘s cloud capabilities to securely manage the “continued growth of digital transactions, enabling greater innovation and ultimately faster payments.” As a key player in Canada‘s payments ecosystem, Interac has seen… Read More

Metaverse Is Revolutionizing Digital Commerce, Real Estate, Media, Entertainment: Report

Grayscale, a company focused on digital currency investing, notes that crypto Cloud economies are the next “emerging market investment frontier” and the Metaverse is at the forefront or center of this Web 3.0 Internet “evolution.” As explained by Grayscale, the Metaverse is a set of… Read More

UK based Thought Machine Finalizes $200M Series C Round at $1B+ Valuation

Cloud-native core banking solution provider, Thought Machine, has reportedly reached Unicorn status (valued at $1 billion+) following a $200 million Series C round that was joined by the investment divisions of some of its major banking clients, such as JPMorgan Chase, ING and Standard Chartered…. Read More

Payables Automation Fintech Tipalti Looking to Expand Professional Team in 2022

Tipalti, a global, scalable payables automation solution provider for high-velocity companies, is reportedly recruiting talent for its new location, looking mainly for Account Executives, Sales Development Reps, Solutions Consultants, Alliances and Sales Operations. Tipalti claims to be the only international payables automation solution for enhancing all… Read More

Sweden based Fintech Näktergal Acquires €1M to Enhance its Cloud based Digital Lending Platform

Swedish Fintech firm Näktergal, which supports financial institutions with Cloud-powered platform solutions for digitized lending, has acquired EUR 1 million in capital via an investment led by Katalysen & Partners. Other investors are Stefan Backlund, ex- VP Marketing & Communications at Trustly, Jon Wimmercranz, ex-… Read More

France’s Societe Generale to Leverage Data and AI to Help with Digital Transformation Strategy

Paris-based Société Générale S.A. (GLE.PA), a French multinational investment bank and financial services company with around €1.3 trillion in assets, says it is putting its trust in data and AI in order to help the organization with transitioning into the digital age. As the institution… Read More

UK Payments Fintech Caxton Secures £1.5M+ from 1011 Investors via Crowdcube

Caxton, which claims to be a profitable payments Fintech, has secured 151% (£1,512,752) of its £1M fundraising target from 1011 investors (at the time of writing) via Crowdcube. Caxton, which says it has a great team and proven technology and further claims that 500k+ B2B… Read More

Eigen Technologies, an Intelligent Document Processing Provider, Teams Up with NetDocuments

Eigen Technologies, the international intelligent document processing (IDP) provider, and NetDocuments, the Cloud content management platform where legal professionals do work, have entered a new partnership, and developed a tech integration connecting the platforms. Shared and new clients have “already taken advantage of the new… Read More

FICO Introduces Originations Solution for Digital-First Account Openings

Applied intelligence firm, FICO, has announced the launch of FICO Originations Solution. Powered by FICO Platform, the next-gen of its loan origination solution will be delivered globally on Amazon Web Services (AWS) Cloud. As mentioned in a release, the solution “empowers businesses to deliver …… Read More

Confluence Partners with Luxembourg’s Fund Service Provider, FundHero, to Provide Managed Software Offering

Confluence Technologies, Inc., an international tech solutions provider assisting the investment management sector with addressing complex investment data challenges, has  announced it has “secured a multi-year agreement” with FundHero S.A., a Luxembourg-headquartered fund service company, that will “combine Confluence’s Cloud-based Revolution platform with its own… Read More

Thomson Reuters Introduces Edge-Computing Tax Engine

Thomson Reuters announced on November 15, 2021, the introduction of the Indirect Tax (IDT) Determination Anywhere platform at its annual SYNERGY Conference for corporate tax and accounting professionals. As mentioned in the update, Determination Anywhere is a patent-pending, Cloud-powered tax tech platform that “sits on… Read More

IT Asset Discovery Platform, Lucidum, Secures $15M via Series A led by Point72 Ventures

Lucidum, Inc., the IT asset discovery platform, has announced that it acquired $15 million in Series A funding. The investment round has been led by Point72 Ventures and included contributions from GGV Capital, Silicon Valley CISO Investments, and several angel investors. As mentioned in the… Read More

Xero Ltd Is Acquiring LOCATE Inventory, a US Cloud enabled Inventory Management Provider

Xero Limited (ASX: XRO) has revealed that it’s acquiring LOCATE Inventory (the trading name of New Tack, Inc), a US Cloud-powered inventory management provider, in order to better support the inventory requirements of small businesses and improve its e-commerce capability. As mentioned in an update… Read More

Spend Management Fintech Emburse Introduces New Integration to Enhance Connectivity for Sage Intacct Clients

Emburse, an international firm focused on spend management, has announced the launch of a new connector for the Sage Intacct Cloud financial management system, which will offer enhanced data connectivity with its Emburse Certify expense solution. The API-powered integration, which is currently available to joint… Read More

Crypto Platform Coinhako Adopts Duco’s Services, a Cloud based Data Automation, Reconciliation Service

International provider of Cloud-enabled data automation and reconciliation services, Duco, confirms that digital currency platform, Coinhako, has adopted Duco’s services in order to automate and control its data management, supporting the firm’s growth objectives. Established in 2014, Coinhako is a platform for access to digital… Read More

STAR Bank Introduces NYDIG Bitcoin Services through the Alkami Platform

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-powered virtual banking solutions provider for U.S. banks and credit unions, has announced STAR Financial Bank as its first client to empower customers with trading systems that “allow the purchase, sale, and secure storage of Bitcoin, powered by NYDIG.”… Read More

Drip Capital Raises $175M to Build a Tech-Enabled Global Trade Facilitation Platform

Drip Capital, Inc., a digital cross-border trade finance platform for SMBs, announces that it has acquired $175 million in funding to support its next stage of growth. Proceeds obtained include a $40 million Series C investment and $135 million in warehouse debt facilities, according to… Read More

Cloud enabled Digital Commerce Platform, Logicbroker, Secures $135M+ from K1 Investment Mgmt

Logicbroker, the Cloud-powered digital commerce platform providing full drop ship and marketplace functionality to suppliers, retailers, brands, and 3PLs, announced that it secured over $135 million from K1 Investment Management. As noted in a release shared with CI, K1 is an investment company that’s focused… Read More

11:FS Foundry Teams Up with Google Cloud to Develop Solutions for Businesses Focused on Financial Services

11:FS Foundry recently teamed up with Google Cloud, in order to create an end-to-end or comprehensive solution for businesses implementing new financial services use-cases. Through the partnership, Google Cloud customers will be able to access a clear solution for embedding finance into their products, while… Read More

Global Fintech Cashfac Helps Sterling National Bank Launch Virtual Account Manager

Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) and Cashfac, an international financial technology firm focused on supporting operational cash management, are confirming that Sterling has moved into production with their Virtual Account Manager, offered via Cashfac’s Software as a… Read More

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