Nium, a global leader in real-time cross-border payments infrastructure, has announced the European expansion of its account validation service, Verify, through an enhanced strategic partnership with iPiD, the provider of the Know Your Payee (KYP) solution, iPiD Node. In this strengthened collaboration, iPiD is also adopting Nium’s Verify technology to improve its own validation capabilities,
Vector AIS, a leading fund administrator specializing in closed-end alternative investment funds, has introduced Valence Vero. This advanced solution is designed to transform investor onboarding and compliance. Built specifically to meet the unique operational needs of private capital, Valence Vero offers fund managers a unified platform that combines modern workflows, integrated KYC/AML capabilities, and a
Vola Finance, a personal financial management platform, has officially launched Vola CreditMap—a comprehensive loan management dashboard aimed at empowering consumers to take control of their personal debt and improve their credit scores. Designed with simplicity and impact in mind, CreditMap offers users a centralized experience to manage all forms of debt, including credit cards, student
ImageSource, Inc., the company behind the ILINX® intelligent automation platform, has introduced a new Indirect Cost Rate (IDC) Proposal Solution tailored specifically for the financial and regulatory requirements of Tribal Nations. Created in close partnership with tribal finance and grants management experts, this purpose-built solution is designed to remove the inefficiencies that have long challenged
PayPal has announced a groundbreaking global initiative—PayPal World—which brings together many of the world’s major digital wallets and payment systems on a unified platform. The launch begins with interoperability between PayPal and Venmo and includes partners representing close to two billion users worldwide. This strategic move aims to revolutionize how people send money, shop both
Adobe and Antom, a leading provider of unified merchant payments and digitisation solutions under Ant International, today announced a strategic partnership to launch an optimized payment experience and tailored digital marketing offerings for Adobe’s customers across Asia. “At Adobe, we’re always looking to deliver elevated and localized experiences for our customers. As our base of
Brex, a leading corporate card and spend management platform, has closed a $235m revolving credit facility to bolster its product growth and scale its card solutions. The two-year credit facility was led by Citi as the senior lender, with TPG Angelo Gordon participating as a supporting lender. This latest funding initiative is expected to further
This strategic investment was co-led by Savant Growth LLC and VantagePoint Capital Partners, with additional backing from Savant’s limited partners, including Coller Capital, Hollyport Capital, Manulife Investment Management, and Achmea. The debt financing was led by Vector Capital through its new direct credit strategy, Vector Velocity. Stifel, Nicolaus & Company, Inc. acted as financial advisor
The Series C round brings Watershed’s valuation to $1.8bn. This significant injection of capital comes courtesy of lead investor Greenoaks, with notable contributions from Kleiner Perkins, Sequoia, and several other existing stakeholders. At its core, Watershed’s mission is to hasten the progression of the climate economy. The firm operates with a heightened sense of urgency
With two consecutive quarters of negative growth, we are by definition in a recession. The next question is, will it be light or heavy? While signs are currently pointing to a mild recession and a “light landing,” which is the ideal outcome, the advertising industry has taken a hit. Regardless of what we’re going through,
In terms of innovation, consumer-to-business (C2B) and consumer-to-consumer (C2C) payment technologies are currently leading the way against business-to-business (B2B) alternatives. For example, PayPal payments can be made in real-time, while business-to-business payments can take days or even weeks. While protracted payments mostly occur when steps are taken to ensure the safety of all parties, many
Feb 18, 2023
Allianz Group is one of the world’s leading insurers and asset managers. We offer our customers in more than 70 countries a wide range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance.
