Several important trends that have been going on for a while and have been significantly accelerated by some recent events, including the pandemic, will define the future of banking. To that end, the increased use of mobile banking and electronic wallets and the associated shift away from cash will continue, especially in developing nations with
A renowned software investment firm, Thoma Bravo, has entered into a definitive agreement to purchase Ping Identity, a supplier of the Intelligent Identity solution for the enterprise, for $28.50 per share in an all-cash deal with an Enterprise Value of almost $2.8 billion. The offer is valued at about 63 percent more than Ping Identity’s
Revolut, the financial super-app with 20 million customers worldwide, today announced another push to the platform’s investment offering with the release of 22 new crypto tokens. With these latest additions, Revolut’s cryptocurrency service now supports 80+ coins, an increase of x8 when compared to the beginning of 2021. The newly announced cryptocurrency includes the Metaverse
Ohio-based KeyBank has tapped fintech Quavo for its QFD automated dispute management platform. When a credit transaction is contested or fraud is discovered, KeyBank will implement the cloud-based QFD system to streamline its fraud and dispute procedures and automate the manual tasks needed, from claim intake and investigation to claim resolution and recovery. “We are
Moving boxes across nations is only one aspect of the supply chain, and there are other factors at play in the current global issue than just capacity and driver shortages. Participants in international trade must deal with dozens of vendors and the difficulties that come with them, including moving and storing products, passing customs, navigating
Community foundations are at the frontlines of disaster relief and many times, provide the first funds to families in need. We’re proud to help foundations invest for the future so they can continue supporting communities facing crises.
The first question a student has when taking these disciplines is, “What are the similarities and differences between accounting and economics?” Both fields mostly work with numbers. However, accounting is concerned with gathering, evaluating, and disclosing income and costs. The production, consumption, and transportation of goods are the main topics of economics, a subfield of
CEOs from our portfolio companies Command Alkon, Talend, and RealPage tell their stories of how investing in digital transformation revolutionized their capabilities.
Global fintech investor Portage announced today the launch of a late-stage, fintech-focused Portage Capital Solutions (“PCS”) Fund. Daniel Ballen and Devon Kirk, who are co-heads, will direct the strategy, concentrating on structured opportunities in global fintech and financial services firms and aiming for investments over $50 million. Devon Kirk has almost 20 years of experience
If you own an accounting firm, you’ll probably need a regular flow of new clients each year to maintain the health of your company and to take the place of any current clients who decide to part ways. However, since the majority of accounting firm owners are focused on running their businesses during the day,
Victor Technologies, Inc. is collaborating with the business to enhance its quick payments strategy, according to a statement from Jack Henry & Associates, Inc. Through its integrated risk management software and APIs for FinTechs to embed financial services, Victor, a subsidiary of MVB Edge Ventures, Inc. and a member of the MVB Bank, Inc. family,
Women have on average over 5 years longer life expectancy versus men. We are committed to helping women achieve financial well-being in the long term.
