Tagged: data

UK Venture Capital Funding Value Declines Over 54% During Jan-July 2023, Report Reveals

A total of 808 venture capital (VC) funding deals “worth $8 billion were announced in the UK during January to July 2023,” according to a recent update shared by GlobalData. Both VC funding deals volume and value “witnessed considerable year-on-year (YoY) decline of 28.4% and… Read More

Wealth Management: Salesforce, BNY Mellon’s Pershing X to Support Advisor Productivity

Salesforce has collaborated with BNY Mellon’s Pershing X, a startup technology unit within BNY Mellon | Pershing, “to build two new client onboarding and engagement apps that will power connected and data-driven experiences for wealth management clients.” When available, the apps will integrate Pershing X’s… Read More

Pinwheel Is Now Plaid’s Provider for Direct Deposit Switching, Helps Power Payroll Data for Income Verification

Pinwheel, the provider of income and employment data engineered for fintech innovation, partners with Plaid, the open finance network, in order “to provide complementary payroll data services for its Income product.” In addition, Pinwheel will become “a Preferred Provider for direct deposit switching (DDS) services.”… Read More

Acuity Trading, a Provider of AI-Enhanced Trading Tools, Introduces Product Offering Actionable Insights for Traders

Acuity Trading, a global provider of AI data-driven trading tools, unveils a brand new product creating unique, actionable insights for brokers and traders. The latest innovation from news technology company Acuity Trading is here: ‘NewsIQ,’ a unique tool designed “to turn media coverage analysis into… Read More

Alternative Payments Account for Almost 40% of Digital Commerce Transactions in Singapore: Report

Alternative payment methods such as mobile and digital wallets are being widely used in the e-Commerce space in Singapore, “accounting for 38.6% of the payments made on the online payments in 2023,” reveals GlobalData, a data and analytics company. GlobalData’s e-Commerce Analytics reveals “that Singapore’s… Read More

AI, Climatetech Sectors in Australia Defy Slowdown in Venture Capital Activity: Report

Investment in Australian startups over the first six months of 2023 “fell to US$1.11 billion, compared to US$3.64 billion over the corresponding period in 2022,” according to newly released data from KPMG. The latest numbers from the KPMG Private Enterprise Venture Pulse report shows that… Read More

Capco, Celonis Launch Mortgage Pipeline Management Solution

Capco, the global technology and management consultancy, and Celonis, the “pioneer” and global leader in process mining, announced a new mortgage pipeline management solution offering lenders “a data-driven approach to manage their mortgage loan pipeline, resulting in continuous process improvement, risk mitigation and cost reduction.”… Read More

Payments Fintech Payoneer Adds Capabilities with Acquisition of Data Platform, Spott

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more… Read More

Peter Barcak, CEO at Credolab: Fintech Professional Comments on Future of Lending, Power of Behavioral Data

We recently connected with Peter Barcak, Founder & CEO of credolab, which claims to be today’s largest developer of bank-grade digital scorecards and data enrichment solutions based on behavioral metadata. The company leverages privacy-consented and anonymous smartphone and online metadata to provide lenders, risk officers,… Read More

Capgemini to Support Clients with Digital Transformation, Will Leverage Generative AI Services

Already a key player in the Data & AI market, Capgemini says it is well positioned to support clients through their next era of digital transformation thanks “to the breadth of its generative AI services, deep industry expertise, and its industrialized delivery assets.” As a… Read More

Plinqit Helps Consumers Save, Plan for Future Financial Needs with Support from BMO

Plinqit, which claims to be the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has launched a pilot program with support from BMO in order “to help customers achieve financial wellness and savings goals.” BMO, the eighth largest… Read More

France’s Privacy Watchdog Says Legality of Worldcoin’s Biometric Data Collection Process Is Questionable

France’s privacy-focused watchdog CNIL stated on Friday (July 28, 2023) that it is well aware of ChatGPT-founder Sam Altman‘s Worldcoin initiative and that the legality of its biometric data collection process appears to “questionable.” Worldcoin, which was officially introduced on Monday, requires clients to offer… Read More

Fintech Firm Mollie Integrates with Klaviyo to Help Merchants Increase Revenue

Mollie, which claims to be one of the “fastest-growing” financial services providers in Europe, announces a new integration and joint marketing effort with Klaviyo, a marketing automation and customer data platform that “drives revenue growth for businesses of all sizes.” Through the new integration, merchants… Read More

Improvement in Jobs Growth Across UK Small Businesses Offset by Increasing Late Payments, Slowdown in Wages Growth: Report

An improvement in jobs and sales growth across UK small businesses in June “has been largely offset by increasing late payments and a slowdown in wages growth,” according to the latest data from global small business platform Xero. Xero’s Small Business Index, based “on anonymized… Read More

Investment Platforms: Alpaca Enhances Data Security Measures with Renewal of SOC 2 Type 2 Compliance

At Alpaca, they claim to be all about keeping your data safe and secure. This is why they’re pleased to announce the successful renewal of its SOC 2 Type 2 compliance. Alpaca says it takes pride in their commitment “to maintaining the highest standards of… Read More

DLT Adoption: PARSIQ to Leverage Potential of Data Lakes for Enhanced Blockchain Data Processing with SDK

PARSIQ is pleased to introduce their SDK, a toolkit “to harness the potential of Data Lakes for comprehensive blockchain data processing.” Data Lakes serve as “a custom, application-specific data layer for filtering, aggregation, and analysis of blockchain-scale data contained in the Tsunami data store.” This… Read More

Lisa Novier of Envestnet: Fintech Industry Executive Comments on Key Open Banking Developments Globally

As a follow-up to the recent webinar Envestnet hosted with open banking experts around the world, we caught up with Lisa Novier, Head of Governance, Risk & Compliance at Envestnet Data and Analytics. Envestnet claims it has been at the forefront of open banking adoption… Read More

Rimes, a Data Management Partner to Investment Service Providers, Joins United Nations Global Compact Initiative

Rimes is pleased to announce that they have joined the United Nations Global Compact initiative (UNGC) — a voluntary leadership platform “for developing, implementing, and disclosing responsible business practices.” Following this announcement, Rimes is now “part of a growing group of thousands of companies globally… Read More

Thales Reaches Agreement with Thoma Bravo for Acquisition of Imperva, a Cybersecurity Firm

Thales (Euronext Paris: HO) announces that it has reached an agreement with Thoma Bravo, a major software investment firm, for the acquisition of 100% of Imperva, a US-based data and application cybersecurity company, for an enterprise value of $3.6 billion1. With this acquisition, Thales is… Read More

Fintech Firm Earnest, Nova Credit Launch International Private Student Loans

Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, and Nova Credit, a modern credit bureau bridging consumer credit data around the world, announced their partnership and the launch of International Private Student Loans. During the 2021/2022 school year, nearly… Read More

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