Invoice finance can be an excellent option for you if you’re a business owner who frequently finds yourself waiting weeks or even months for payment from your clients. By utilizing their outstanding invoices as security, businesses can use this sort of financing to acquire the cash they require right away. Before choosing an invoice finance
The banking sector was in a turnaround even before the downturn threw a shadow over the financial markets. Neobanks were altering the competitive landscape for regulated banks, and the pandemic pushed quick adoption by the “on-the-go” consumer who was expecting more from safe mobile banking applications. The core of banks’ IT departments, which were attempting
24th Aug 2022 | 12:00 pm – 1:30 pm EST
24th Aug 2022 | 12:00 pm – 1:30 pm EST The accounting webinar allows participants to be able to deal with the existing capital requirements by reviewing the Call Report approach to calculating regulatory capital ratios. Read More
Ramp is a finance automation platform that offers a range of capabilities, including cards and expenses, bills, and accounting, to help organizations save time and money. Ramp is currently America’s fastest-growing corporate card, and Stripe Issuing powers its financial services. Ramp sought to improve the corporate card experience for organisations of all kinds, offering quick
Finastra and HSBC announced that they are working together to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service (BaaS) experience. This collaboration will take advantage of the best elements of modern API-driven connectivity with licensed institutions’ secure, regulated infrastructure. The first phase of the rollout will provide indicative and executable FX rates to regional
Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. It is the measurement, processing, and communication of financial and non-financial data of economic entities. The task is tiresome since it requires a great deal of hard work and concentration on the part of the person
Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a USD 44 billion takeover deal. As per The Hill, the microblogging site has hired a large New York-based law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Musk. Twitter will file its lawsuit
YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, announced that it has raised $120m in a Series C led by Dai-ichi Life Holdings Inc, a new strategic investor in the company. The funding round, which YuLife’s existing investors supported, takes YuLife’s total funding to $206m since the
WeLab Bank, the virtual bank dedicated to curating intelligent banking experience, announced that it had become Asia’s 1st purely digital bank independent of traditional banking groups in major Asian markets to launch a digital wealth advisory solution- GoWealth Digital Wealth Advisory (GoWealth). GoWealth combines the FinTech strength of WeLab Bank with the investment expertise of Allianz Global
Feedzai, the world’s first RiskOps platform for financial risk management, has been ranked among the top vendors in anti-money laundering (AML) in a Forrester report released today, “The Forrester Wave: Anti-Money-Laundering Solutions, Q3 2022”. “Feedzai leverages machine learning and automation to overcome the difficulty many institutions have with legacy AML programs which operate with siloed,
Alerus Financial Corporation recently announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank headquartered in Phoenix, with approximately $453 million in total assets, $280 million in total loans, and $402 million in total
Derivative Path, a leading provider of capital markets technology and derivatives execution services to regional and community banks, announced it is collaborating with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments. Using TxB’s API-based platform, Derivative Path clients can now provide a
