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ITAÚ SELECTS GENESIS GLOBAL FOR NEW TRADE AUTOMATION AND CLIENT PORTAL SYSTEM


Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced that the Genesis platform will provide new trade automation and client portal system for Itaú Securities. The Genesis solution will automate pre-trade workflows, minimizing data checks, trade input, order routing, and other administration needed of Ita Securities traders, and combine transaction

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INSURTECH LEMONADE LAUNCHES IN UK


Lemonade, the insurance company powered by AI and social impact, today launched in the United Kingdom. Residents across the UK can now get Lemonade Contents insurance instantly, from anywhere, on any device, as well as file claims and get paid in seconds. Today’s launch follows Lemonade’s previous launches in France, Germany, and the Netherlands. Founded

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SQUARE LAUNCHES TAP TO PAY ON IPHONE FOR US SELLERS


Square launched Tap to Pay on iPhone to its millions of sellers across the U.S. Available within the Square Point of Sale iOS app, Tap to Pay on iPhone lets sellers of all sizes accept contactless payments directly from their iPhone, with no additional hardware required and at no additional cost to the seller. With Tap

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DTCC PARTNERS WITH SNOWFLAKE TO TRANSFORM FINANCIAL INDUSTRY DATA ECOSYSTEM


The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it is partnering with Snowflake, the Data Cloud company, to transform how data is accessed, shared and leveraged across a number of its services. Using the Snowflake Data Cloud, DTCC aims to further promote market

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SWIFT PARTNERS WITH CHAINLINK ON A CROSS-CHAIN INTEROPERABILITY PROTOCOL


SWIFT, the interbank messaging system that allows for cross-border payments, is working with Chainlink, a provider of price feeds and other data to blockchains, on a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept. The interbank network will be able to interact across all blockchain systems thanks to CCIP, which will make it possible for

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PREZENT ANNOUNCES ZOOM VENTURES AS LATEST INVESTOR TO HELP POWER PRESENTATION PRODUCTIVITY FOR THE ENTERPRISE


Prezent, the AI-powered presentation productivity platform for enterprise teams, announced that it has added Zoom Ventures as an investor. This comes after the $20 million raised in a Series A funding round in April 2022 and the $4.3 million raised in seed capital in August 2021. “As an immigrant and engineer working in corporate America, I have found that great business storytelling

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CHASE, DOORDASH AND MASTERCARD ANNOUNCE PARTNERSHIP TO LAUNCH CREDIT CARD


Chase, the largest co-brand card issuer in the U.S., and DoorDash, the local commerce platform, today announced plans to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card. The DoorDash Rewards Mastercard will allow cardmembers to unlock benefits and earn rewards on purchases both on and off the DoorDash platform.

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FINTECH STARTUP SIGNZY RAISES $26 MILLION IN SERIES B


Leading digital banking infrastructure enabler Signzy today said that it had raised INR 210 Crore (US$26 Million) from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures, in its latest funding round. The Bengaluru-based Fintech SaaS startup further stated that it would use the additional funds to improve its “No-code Workflow Digitalization” platform and solutions

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FINTECHCASHIER IS ABOUT TO RELEASE A NEW BANKING BUSINESS MODEL “LITE LABEL” BANKING-AS-A-SERVICE


FintechCashier’s new banking business model and future services are promising. Yes, you heard right, FintechCashier is to release its first “Lite Label” Banking-As-A-Service subscription that allows it to manage the Merchants/ Affiliates/ Customers/ Acquirers and Prepaid issuing all from Backend solution. FintechCashier has recovered from the entire COVID-19 pandemic and is now more resilient than ever. They now

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CAPCHASE PARTNERS WITH SASTRIFY TO OFFER ‘SAVE NOW, PAY LATER’ PROGRAM


Capchase, a leading provider of non-dilutive financing to SaaS companies, has announced a partnership with Sastrify, the global automated SaaS procurement platform, to offer a “Save Now, Pay Later” program to high-growth customers. With the help of this program, Sastrify’s customers will be able to increase their runways while retaining flexible payment terms and reducing their

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FINASTRA AND VISA ANNOUNCE GLOBAL BAAS OFFERING INTEGRATING VISA DIRECT


Finastra and Visa announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct – which provides access to more than two billion accounts through push-to-account offerings. The new capability will give Finastra’s bank customers around the world access to cross-border payout capabilities for small- and medium-sized