Category: Fintech
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Report: Finastra’s Treasury and Capital Markets Unit May Be Sold | PYMNTS.com
[ad_1] Finastra’s Treasury and Capital Markets (TCM) unit reportedly may be offered for sale. Private equity firm Vista Equity Partners is working with global investment bank Evercore to sell the TCM unit, though Vista is still considering whether to do so, Bloomberg reported Wednesday (Sept. 18), citing unnamed sources. Vista is in the early stages…
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Indian lending app mPokket to hire 5000 new staff
[ad_1] Indian digital lending app mPokket is to hire 5000 new staff in the coming year, more than tripling its current workforce. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. With a current workforce of more than 2,300 full-time employees,…
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4 Things B2B CPOs Should Know About Shrinking Paper Payments | PYMNTS.com
[ad_1] The business-to-business (B2B) landscape is undergoing an explosion of innovation — especially around payments. Wednesday (Sept. 18) alone, news broke that Brex launched an embedded B2B payments solution that complements the company’s corporate card and spend management platform for startups and enterprises; while Capchase and Stripe partnered to offer a B2B buy now, pay later (BNPL) payment…
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5 Things Banks Should Know about the FDIC’s Recordkeeping Requirements Rule – Finovate
[ad_1] You’ve likely been following the fallout from Synapse’s bankruptcy earlier this year. BaaS provider Synapse filed for Chapter 11 bankruptcy in April, leaving its clients, including Evolve Bank & Trust and multiple others, unable to verify and manage funds. In all, around $85 million in consumer funds are missing due to discrepancies in Synapse’s…
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Google News
[ad_1] Brex rolls out embedded payments tool Banking Dive [ad_2] Source link
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ID-Pal Forges Strategic Partnership with CLOWD9 – Finovate
[ad_1] Identity verification specialist ID-Pal announced a global strategic partnership with CLOWD9. The partnership will integrate ID-Pal’s AI-powered identity verification technology into CLOWD9’s payment solutions portfolio. ID-Pal made its Finovate debut at FinovateFall 2024 in New York. Fresh off its Finovate debut at FinovateFall this month, identity verification specialist ID-Pal has announced a global strategic…
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Xero to Acquire Syft Analytics – Finovate
[ad_1] Xero announced plans to acquire Syft Analytics, a collaborative reporting tool. Financial terms of the agreement were not disclosed, but the deal is expected to close between October and December of this year. Xero plans to integrate Syft’s technology into its existing accounting offering, and it will also continue to maintain Syft as a…
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SEC charges DeFi platform Rari Capital with misleading investors and unregistered broker activity
[ad_1] The U.S. Securities and Exchange Commission settled charges it made against DeFi platform Rari Capital, Inc. after finding that the firm and its co-founders misled investors and were not registered properly as brokers. Rari Capital co-founders Jai Bhavnani, Jack Lipstone and David Lucid told investors that its managed Earn pools, which allowed investors to…
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Long-Term Success or Short-Term Hype: Understanding the TON Ecosystem’s Growth | The Fintech Times
[ad_1] The Open Network (TON) ecosystem, the scalable blockchain and network project, has seen tremendous growth over the past year. Looking to understand why it has become so popular, we hear from industry experts in addition to analysing a new report by Bitget, the cryptocurrency exchange and Web3 company. Originally created in 2018 by the…
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Amazon Adds Fully Managed Option to Supply Chain Services | PYMNTS.com
[ad_1] Amazon has added a fully managed option to the lineup of supply chain services it offers to sellers. The new fully managed Supply Chain by Amazon solution will be available to all U.S. sellers for domestic pickups in October and will be expanded to global pickups by the end of the year, the company said in a…