Finastra today announced that it is the first technology provider to secure the SWIFT Compatible Application label 2021 for Trade Finance. The achievement proves that Fusion Trade Innovation, Finastra’s global trade and supply chain booking engine and processing solution, meets rigorous SWIFT industry standards. The solution is ready to support customers ahead of the SWIFT
Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as “Future FinTech”, “FTFT” or “the Company”), a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has incorporated a new subsidiary, FTFT UK Limited (“FTFT UK”), as an operating base from which to develop fintech business in Europe. FTFT UK plans
Drips, the founders of Conversational Texting®, today announced that, concurrently with its previously announced growth investment, they established a credit facility with Wells Fargo Capital Finance’s Technology Finance group. The Wells Fargo facility will support Drips’ intense growth as it expands its team and improves its already advanced conversational SMS messaging platform. Drips differentiates itself
Guidehouse, a leading global provider of consulting services to the public and commercial markets, today announced it has entered into a strategic alliance with OneStream Software, a leader in corporate performance management (CPM) solutions for the world’s leading enterprises, to provide intelligent finance solutions that unify and streamline processes through one platform. The strategic alliance
American Electric Power (Nasdaq: AEP) has developed a Sustainable Finance Framework, which will allow the company and its subsidiaries to issue green, social and sustainability bonds, loans or other financial instruments and allocate the funds to investments that enable positive social and environmental change. The framework strengthens the link between AEP’s finance strategy and its
Recent adoption of collaborative open source strategies across financial services and fintech is a direct result of the demand to solve business problems in order to stay competitive. The Fintech Open Source Foundation (FINOS) is the catalyst for this movement and today announced that five new members have joined the foundation, which is evidence of
Sensibill, the leading provider of everyday financial tools and SKU-level insights, and CAARY, a new credit and financial platform for small and medium-sized enterprises (SMEs), today announced their partnership. Together, the companies will offer a seamless, end-to-end financial services solution for SMEs that includes credit, payment solutions, receipt capture, expense management and automated reconciliation. “We
Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced it has signed an agreement to merge with Homebridge Financial Services in a landmark deal that will reshape the technology landscape of the nation’s mortgage industry. “We are bringing together the most robust, powerful and efficient technology
Huawei on July 29, 2021 held its first virtual Asia-Pacific Intelligent Finance Summit 2021, with the theme “Accelerate Digital Transformation in Banking, New Value Together”. As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial institutions are accelerating digital transformation, seizing new digitalization opportunities to reinvent themselves for what the
Symphony- the leading markets’ infrastructure and technology platform – will now offer the most complete and secure verified directory in the financial services industry as it has acquired the counterparty mapping platform StreetLinx. This acquisition adds over 200 institutional counterparties to the more than 1000 institutions already served by Symphony. “As we accelerate from directory
TerraNova Capital Structured Finance (“TerraNova Capital”), the credit advisory and special purpose finance division of TerraNova Capital Equities, Inc. today announced the launch of their SPAC Backstop and deSPAC finance platform. The TerraNova finance platform will help SPACs identify structured finance solutions in conjunction or in place of PIPE financing and redemption shortfalls. “With over
Finitive, the leading data-driven private credit marketplace, today announced that it has been named one of the Top 100 Financial Technology Companies of 2021 by the Financial Technology Report. Founded in 2017, Finitive’s tech-enabled platform offers institutional investors access to a multi-trillion-dollar market of private credit opportunities across multiple asset classes and structures, including specialty finance,
