BusinessWire - FinTecBuzz

Global Payments to Acquire Worldpay, Divest Issuer Solutions

BusinessWireApril 18, 202520 min

Simplifies business model and positions Global Payments as a leading pure play commerce solutions provider for merchants of all sizes with extensive global scale Diversifies market position with best-in-class capabilities to serve ecommerce and enterprise customers, while expanding integrated and embedded payment offerings for platform and software partners Amplifies global distribution channels and provides an attractive installed base of customers for Global Payments’ leading SMB payment technology and commerce enablement solutions, including Genius POS offerings...

Platforms

CIBC Leads Syndicated Debt Facility for Vena Solutions

BusinessWireApril 17, 20253 min

CIBC Innovation Banking announced today that it acted as Lead Arranger and Administrative Agent of credit facilities for Vena Solutions (“Vena”), an industry-leading Financial Planning and Analysis (FP&A) platform purpose-built to leverage the full power of the Microsoft technology ecosystem. The funding will provide Vena with the flexibility to pursue new channels for growth on its mission to help organizations and their finance teams drive long-term, sustainable growth. Existing investors include Vista Equity Partners, JMI...

Investments

Zocks Partners with Practifi to Boost Wealth Management Workflows

BusinessWireApril 17, 20255 min

New Integration Enables Seamless Data Flow Between Platforms, Helping Advisors Deepen Client Relationships Through AI-Powered Insights

Banking

CCBank Selects Tyfone For Digital Transformation

BusinessWireApril 17, 20254 min

Bank selects nFinia to enhance omnichannel and small business experience

Direct Lending

Candidly and Fiducius Partner to Enhance Fintech College Tools

BusinessWireApril 17, 20254 min

Candidly, the market’s leading AI-driven student debt and savings optimization platform has partnered with Fiducius, a top provider of financial wellness benefits. Through this collaboration, Fiducius will enhance its employee benefits platform by integrating select Candidly tools for college savings and private student lending. This new relationship will enable Candidly to expand the impact of its solutions for planning and paying for college and, in turn, allow Fiducius to reach new employee populations. With the addition...

Platforms

Kinective Acquires Datava to Enhance Banking Platform with Data

BusinessWireApril 17, 20256 min

The acquisition creates industry’s most comprehensive technology platform, unifying banking operations, digital connectivity and branch automation with actionable data intelligence capabilities

Direct Lending

First Commonwealth Expands Loan Access with Upstart Partnership

BusinessWireApril 17, 20253 min

First Commonwealth Federal Credit Union has partnered with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to expand access to personal loans and better serve its growing membership across Pennsylvania and New Jersey. “At First Commonwealth, we’re committed to financial empowerment for all,” said Terry Grier, Chief Lending Officer at First Commonwealth Federal Credit Union. “By partnering with Upstart, we can leverage AI-powered credit decisioning to lend more inclusively—helping more low- and moderate-income...

Banking

Deep Dean by Fast Accounting Sets New Standard for AI in Finance

BusinessWireApril 17, 20255 min

Purpose-built for accounting, tax, and finance, Deep Dean outperforms leading general AI models on U.S. CPA benchmarks by 57% — and does it in a fraction of the time.

Compliance & Scoring

Savvy Wealth Names Ex-Pathstone GC as Legal & Compliance Head

BusinessWireApril 17, 20256 min

The newest member of Savvy Wealth’s leadership team will build and scale the firm’s legal and compliance program

Crypto Currencies

Quai Launches $QI: First Decentralized Energy-Backed Dollar

BusinessWireApril 17, 20253 min

$QI is a privacy-preserving flat-coin issued based on decentralized mining and real-world energy input. Launch begins with zero initial supply; emissions tied directly to network hashrate. Quai Network has officially launched mining operations for $QI—the first decentralized energy dollar. This milestone follows over six years of research, development, and extensive testnet validation. Designed as a flat-coin, $QI is issued based on the Quai Network’s decentralized mining hashrate and energy consumption, introducing a monetary model directly...

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