Philippines Student Team Wins Finastra’s Global Hackathon

Finastra has crowned Team ‘WonderTech’ the grand prize winner of its largest ever global fintech hackathon on its open development platform, FusionFabric.cloud. The Manila-based team was selected for the top honor for its ‘Agree Farm App’ from among five category winners at Finastra Universe New York. The app, which aims to connect rural farmers in the Philippines with access to bank loans, was chosen by an audience of senior professionals representing financial institutions. The team’s app was built...

Business Reporter: How Know-Your-Customer (KYC) Automation Can Improve Fintech Solutions

In order to provide secure and successful fintech services, companies should switch to KYC automation, say Covery. Financial technology (fintech) is becoming increasingly popular. According to Statista, at the end of the first half of 2018 there were a total of 440 million contactless payment users worldwide, with a forecast of 760 million users by the end of 2020. Global risk-management platform Covery stresses that: “The most crucial part of any fintech solution will always be security and...

The Grove Team Joins Wealthfront To Accelerate Self Driving Money™

Today, Wealthfront and Grove, a financial planning startup, announced that the Grove team will be joining Wealthfront to bolster its efforts to deliver Self-Driving Money™. “We are so excited to be joining the Wealthfront team and are extremely grateful to our clients, employees, and investors who helped us get to this point,” said Chris Hutchins, co-founder and CEO of Grove. “We’ve always appreciated the role technology and automation can play in scaling quality financial advice. We are dedicated to...

Netchex and M3 Expand Partnership with API Integration

Netchex and M3 announced an expansion of their existing partnership with an API integration to help today’s hotels streamline HR processes, keep employees engaged and help ensure consistency across locations. The API integration builds on the existing integration with M3’s Accounting software and marries M3’s time and labor technology with Netchex’s complete Human Capital Management (HCM) platform. This latest endeavor delivers deeper workforce management and complete back-office integration and will be one of the largest...

Black Knight to Invest in Dun & Bradstreet

Black Knight, Inc. (NYSE: BKI) today announced that its Board of Directors has approved a $375 million investment in Dun & Bradstreet, a global leader in commercial data, analytics and insights for businesses. Black Knight will join an investment consortium led by CC Capital, Cannae Holdings and Thomas H. Lee Partners, L.P. which has announced plans to acquire Dun & Bradstreet. The Black Knight investment will represent an economic ownership interest of less than 20% in the re-capitalized Dun...

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