BusinessWire | FinTecBuzz

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Payment PlatformPayment Alliance International Acquires Cash-N-Go ATMs

BusinessWireAugust 12, 20202 min

Payment Alliance International, Inc. (PAI), the U.S. leader in ATM portfolio management tools and services, announced today that it has acquired the Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc., a subsidiary of Perativ Inc. The acquisition adds nearly 400 ATMs, increasing PAI’s nationwide network to more than 90,000 ATMs. Financial terms of the transaction were not disclosed. “We are laser-focused on our SaaS-based global cash distribution network and Canadian Access Cash ATM operations,” said...

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ComplianceJayme Fishman Joins Avalara a Tax Compliance Automation Leader

BusinessWireAugust 12, 20203 min

Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the appointment of tax technology and consulting veteran Jayme Fishman as its new executive vice president of corporate development. His responsibilities include overseeing the company’s mergers and acquisitions (M&A) strategy and managing the acquisitions process from due diligence through integration. Fishman brings more than two decades of tax technology, consulting, product development, and business management experience to...

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APIZycus’ AI-Powered Bots Transforming Accounts Payable Operations

BusinessWireAugust 12, 20205 min

Diverse enterprises achieving up to 98% accuracy in invoice data extraction, drastically reducing invoice processing cycle-times, and freeing up FTEs to focus on strategic activities

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Banking PlatformMetro Bank Goes Live with Sensibill

BusinessWireAugust 12, 20204 min

U.K.-based bank offers digital receipt management to save time, reduce stress for small business customers

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InvestmentsInvestment Leader’s Model Portfolios Added to Envestnet Platform

BusinessWireAugust 11, 20204 min

VanEck’s Wide Moat Strategy and Municipal Allocation Strategy now available to advisors using Envestnet’s platform; first time Wide Moat Strategy has been made available as a model

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Financial SoftwareOneConnect Announces Proposed Follow-on Public Offering

BusinessWireAugust 11, 20204 min

OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced that it filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a follow-on public offering (the “Offering”) of 16,500,000 American Depositary Shares (“ADSs”), each represents three ordinary shares of the Company. The underwriters will have a 30-day option to purchase up to an aggregate...

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Risk ManagementRisk Management Solution provider GRS Adds New VP

BusinessWireAugust 10, 20203 min

Experienced claims leader Suzanne Ziemann joins GRS to expand P&C business development

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Banking PlatformMetropolitan Bank Appoints New Chief Financial Officer

BusinessWireAugust 7, 20204 min

Metropolitan Bank Holding Corp. (NYSE: MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Company has hired Greg Sigrist as Executive Vice President and Chief Financial Officer. He will join the Company on August 10, 2020 and officially assume the role of Executive Vice President and Chief Financial Officer on September 4, 2020. He will report to Mark DeFazio, President and Chief Executive Officer, and will...

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Financial SoftwareHighRadius Adds New Leader to Drive Finance Digital Transformation

BusinessWireAugust 7, 20203 min

Former HCL Executive joins HighRadius to extend Consulting Leadership in North America

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Investment PlatformsCiti partners with Blackrock via investment technology platform

BusinessWireJuly 13, 20205 min

Citi has entered into an alliance with BlackRock, through its Aladdin® business to enhance the delivery of securities services to Citi’s clients who utilize the Aladdin end-to-end investment management platform. Connecting to Aladdin Provider, Citi will provide outsourced middle office services directly on a client’s instance of Aladdin for seamless integration with their front office, from trade confirmation to post settlement reconciliation. “We are thrilled to join BlackRock’s Aladdin Provider network,” said Sanjiv Sawhney, Global Head...

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