Consumer Portfolio Services, Inc., an independent FinTech dedicated to providing indirect auto finance to people with credit problems, low incomes or limited credit histories, continues to aggressively deploy solutions. machine learning and artificial intelligence to provide more flexible and more efficient payment capabilities. processing car loans. The company ended the year with three major partnerships
Rakuten France announces the launch of a completely new integrated payment solution, Club R Pay, thus becoming the first e-commerce company to offer such a system on the market. A globally integrated payment solution, Club R Pay makes it easy for the 12 million members of the Club R loyalty program to shop at more
UNHCR, the UN Refugee Agency, and the Stellar Development Foundation (SDF), the non-earnings that help the boom and improvement of the Stellar blockchain network, introduced these days after the release of a pilot first-of-its-type blockchain price answer for virtual coins distribution to internally displaced persons (IDPs) and different war-affected human beings in Ukraine. UNHCR, in
Wipro Limited, leading technology services and consulting company, announced the launch of a new Middle East financial services advisory capability. Capco, a Wipro company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization, and business consolidation initiatives. Regional macroeconomic trends, including diversification away
Plooto, a leader in end-to-end accounts payable and accounts receivable (AP/AR) automation software for small to medium-sized businesses (SMBs), announced the closing of $20M USD ($27M CAD) in Series B funding. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance, with participation from
TerraPay, a leader in global payments infrastructure, has received the “Best Use of Data” award from the prestigious Banking Tech Awards for 2022. The Banking Tech Awards, which have been given out for the past 23 years, have celebrated and recognised excellence and innovation in the use of IT in financial services all around the
Unifimoney Inc. announced a partnership with Gemini Trust Company that will enable credit unions and community banks to trade over 80 cryptocurrencies. The offering is provided through Unifimoney’s turnkey crypto and digital asset management platform, with Gemini providing custody and exchange. Oklahoma-based First Fidelity Bank was the first customer to use the service. This partnership
Peach Finance, the leading modern lending and servicing technology platform, has announced that it has joined Mastercard’s Interactive Partner Network as a fintech enabler to help provide consumers with Consume more payment options. The partnership is currently focused on helping lenders develop buy now, pay later (BNPL) solutions leveraging the Mastercard installment program. BNPL is
JG Wentworth is pleased to announce that it has acquired a digital lending platform from Stilt Inc., a personal lending and financial technology company based in San Francisco. Stilt has been backed by leading venture capital firms and has raised $322 million in debt and equity to create a strong end-to-end digital lending and services
KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report. Mazars will provide greater transparency and reporting on whether their in-scope assets are collateralized to KuCoin’s current and potential consumers. It will also give specifics to demonstrate
Amex Business Link, a new business-to-business (B2B) payments environment that network issuing and acquiring participants can provide to their business customers, was introduced by American Express. Amex Business Link facilitates domestic and international transactions while taking the card and non-card payments, making it simpler for buyers and suppliers of all sizes to manage payments. The
In 2016, Andrew Hoag, a former senior executive at Verisign and web project manager at NASA’s Ames Research Center, founded Teampay, a platform that attempts to automate the software purchasing process for businesses. Hoag’s idea is that the way companies spend their money is changing, especially as they embrace digital transformation, and visibility and control
