TruLayer’s SaaS platform uses a toolkit to create specialist consumer and server message block (SMB) apps in payments, personal finance management and online lending. The collaboration with Wombat Invest, a swiftly growing startup investment platform that provides a user-friendly and secure interface for both novice and experienced investors, will provide the UK-based fintech with cutting-edge
American Eagle Outfitters – The clothing company’s stock jumped 4.2% on the back of better-than-expected results for the fourth quarter. American Eagle logged earnings of 39 cents per share on revenue of $1.29 billion. Analysts polled by Refinitiv expected earnings per share of 36 cents on revenue of $1.28 billion. The retailer also said overall
Greensill Capital is preparing to file for insolvency in the U.K., according to a report from The Financial Times on Wednesday, citing sources familiar with the matter. The insolvency filing will reportedly allow private equity firm Apollo Global Management to acquire parts of the business out of administration. Read More
Accenture Finance & Risk Services provides clients with end-to-end oerings to improve management of internal complexity, regulatory requirements and capital decisions to enable long term profitability. Read More
Canada’s leading relationship-based product and pricing capability solutions service provider, Zafin, has announced a strategic partnership with the Dutch banking engagement platform, Backbase. According to reports, Zafin, which is one of North America’s leading fintech companies, will join forces with Backbase to implement its spectrum of solutions onto the Backbase platform. Read More
Mobile game developer AppLovin is poised to become the latest online game provider to hit the public markets, joining a crop of companies to capitalize on a surge in usage during the pandemic. Read More
You can’t build the finance organization of the future with tools of the past. The cloud is your opportunity to transform yourself and fulfill your ambitions Read More
New York Attorney General Letitia James sent a blistering warning to investors and industry members about the dangers of cryptocurrencies on Monday. “We’re sending a clear message to the entire industry that you either play by the rules or we will shut you down,” she said in a press release. The warning from James, which
Exxon Mobil announced two board seat changes Monday, including activist investor and ESG proponent Jeff Ubben, in a sign that the company is confronting its uncertain future as the world moves toward cleaner energy and as investors shy away from oil stocks. Read More
Empowering clients across the lending and leasing lifecycle from originations to servicing through collections. Read More
FinTech is a high risk high reward industry. Most think about the “reward” side of the equation, but the real experts understand the value of risk mitigation. A common risk of software development is making compromises that will back the team into a corner with things like bugs or technical debt. These issues can be
Prior to the COVID-19 pandemic, the topic of digital transformation was on the agenda for most companies as they developed a strategy for 2020. The myriad benefits, efficiency enhancements and cost savings made possible by reimagining how people, technology and processes interact on a daily basis were alluring and innovative, but, at that time, not
