FTB News Desk - FinTecBuzz

Policygenius Named to the 2018 CB Insights Fintech 250 List of Fastest-Growing Fintech Startups

FTB News DeskOctober 22, 20187 min

<u><a href=”https://www.policygenius.com/” target=”_blank” rel=”nofollow noopener”>Policygenius</a></u>, the leading digital insurance marketplace, was named to the second annual CB Insights Fintech 250 list, a prestigious group of emerging private companies working on groundbreaking financial technology. The CB Insights research team selected the Fintech 250 companies based on several factors including data submitted by each company as well as a Mosaic Score. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of...

Online Payments Payments

Geoswift and PayEase Jointly Launch Cost-Effective China Cross-Border Payment Solutions

FTB News DeskOctober 22, 20188 min

Geoswift, a leading provider of cross-border payment solutions between Chinaand the rest of the world, and PayEase, a licensed Chinese Payment Services Provider, announced a new joint solution that enables overseas merchants to clear and settle cross-border payments efficiently. The integrated solution carries out domestic collection in Renminbi (RMB). It also settles cross-border and overseas mass payment in multiple major currencies across the world’s top financial centers. “Joining hands with Geoswift will help us deepen and...

Insurance Insurance – Consumer Platform

Broadridge Appoints Julie Flack to Lead Australia Business

FTB News DeskOctober 22, 20189 min

Broadridge Financial Solutions, Inc. (NYSE: BR), an S&P 500 company and global Fintech leader with $4 billion in revenue, today announced the appointment of Julie Flack as General Manager of its Australia business, responsible for driving growth of Broadridge’s sell-side and buy-side businesses in Australia and New Zealand. Flack will directly manage all Broadridge associates in Australia and she will report to David Becker, Head of Asia Pacific. Her remit will also include product management across Asia Pacific, including defining product strategy and planning and in this role will report to Nidhi Singh,...

Business Tools Financial Software

Broadridge Launches Next-Generation Global Asset Servicing Solution

FTB News DeskOctober 21, 20188 min

New cloud-based automated processing solution addresses end-to-end asset servicing complexities to increase efficiency and reduce operational risk Broadridge Financial Solutions, Inc. (NYSE: BR), an S&P 500 company and global Fintech leader, today announced a next-generation solution to address key industry, business and operational challenges with global asset servicing. Designed and developed with a global tier-one bank and now cloud and SaaS-enabled and selected by leading global banks, the full end-to-end solution streamlines corporate actions, dividend and coupon...

Business Tools Financial Software

Tez Financial Services Becomes the First Pakistani Startup to Raise $1.1 Million in Seed Round Led by Omidyar Network

FTB News DeskOctober 19, 201819 min

Tez Financial Services, the first fully digital Non-Bank Microfinance Company (NBMFC) in Pakistan, today announced that it has raised USD$1.1 million in a seed round led by Omidyar Network, the impact investment firm established by Pierre Omidyar, the founder of eBay. Other investors on this round include Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, and Planet N. Funds will help the company build its credit portfolio, enhance its mobile technology platform, and secure the company’s NBMFC license. You can learn more about the challenge,...

Business Tools Financial Software

KT Corp. Wins Second Smart Meter Project in Uzbekistan

FTB News DeskOctober 19, 20187 min

– KT’s Smart Energy Meters to Be Installed in 360,000 Uzbek Households –– Energy Cooperation in Uzbekistan to Springboard KT for Eurasian Markets – KT Corporation (KRX: 030200;NYSE: KT), South Korea’s largest telecommunications company, has won a key energy contract for a second time in Uzbekistan, further affirming the company’s vision of becoming a global leader in information and communication technology (ICT). The 30 billion won contract will see smart energy meters installed in 360,000 households throughout Uzbekistan over the next two years. KT formerly...

Crypto Currencies

Crypto Gets Regulated: Covesting Has Officially Received Their DLT License

FTB News DeskOctober 19, 20186 min

Covesting, a Europe-based digital currency exchange and professional trading platform offering a secure and technologically advanced infrastructure for investors and traders worldwide, has become one of the first companies in the world to receive a Distributed Ledger Technology License (DLT) from regulatory authorities in Gibraltar. The DLT license is offered by the Gibraltar Financial Services Commission (GFSC) and is their way of ensuring that businesses relating to the use of DLT technology or financial transmission services meet a...

Payment Platform Payments

Former Tesla Executive Denise Leleux Joins AvidXchange as Senior Vice President

FTB News DeskOctober 18, 20187 min

AvidXchange™, the leading provider of accounts payable and payment automation solutions for midsize companies, today announced that Denise Leleux has joined the leadership team as the Senior Vice President for Supplier Services. Reporting to the Chief Operating Officer, Steve Boehm, Denise Leleuxwill drive additional growth and innovations by creating greater value to client relationships. “As AvidXchange continues to experience growth within the company, we are excited to welcome Denise Leleux to the executive team,” stated Steve Boehm, Chief Operating Officer of AvidXchange....

Accounting Business Tools

BBVA and Anthemis partner to build the next generation of financial services startups

FTB News DeskOctober 18, 201813 min

The partnership paves the way for the development of a startup studio in London, reinforcing BBVA’s strategy to be part of the fintech ecosystem and develop products and services for the new era of digital banking. BBVA today announced a partnership with leading fintech venture investor and builder Anthemis Group (Anthemis) to build a venture creation studio in London. The studio will create value by deploying capital and resources to building businesses that address untapped user...

Money/Transfer Payments

Xpress Money to Showcase Its Remittance Solutions for Businesses at Money2020 in Las Vegas

FTB News DeskOctober 18, 201811 min

Xpress Money, one of the most dependable money transfer brands in the world today announced its participation in Money 2020, a confluence where thousands of the most powerful, brilliant and pioneering innovators gather to collaborate, educate and influence. Xpress Money, part of the Finablr network of brands, will showcase its business solutions, a platform that empowers companies to create a place for themselves in the business of remittances at Booth No. 1959 at Money2020. The World Bank...

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