Financial Software - FinTecBuzz

Personetics Expands Singapore Office to Support Rising Demand by Asia Pacific’s Banks

November 4, 20186 min

Personetics, the leading provider of Self-Driving Finance™ solutions for the banking industry, is expanding its presence in Singapore to support the growing demand for its AI-powered solutions among Asia Pacific banks. Personetics is already partnering with several of the region’s leading banks and system integrators, including Singapore-based United Overseas Bank Limited (UOB) and Tokyo-based Fujitsu. To support a growing span of relationships with additional institutions in the region, the company is adding local resources, including technical support and field architects, to work with banks’...

by FTB News Desk

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TrueAccord Named To The 2018 CB Insights Fintech 250 List Of Fastest-Growing Fintech Startups

October 26, 20187 min

TrueAccord Honored for its Alternative Solution to Debt Recovery TrueAccord (www.TrueAccord.com), the first-of-its-kind tech platform that transforms the antiquated debt recovery industry, announced today that the company was named to the coveted CB Insights second annual Fintech 250 list of emerging private companies working on groundbreaking financial technology. This announcement comes on the heels of the company also being recognized as one of Gartner’s “Cool Vendors” in Banking. “We’re thrilled to be named to CB...

by FTB News Desk

Business Tools Financial Software

PINTEC Successfully Listed on NASDAQ, Marking a New Chapter for Fintech B2B Model

October 25, 201812 min

Pintec Technology Holdings Ltd. (“PINTEC”;NASDAQ: PT), a leading independent technology platform enabling financial services in China, officially listed on the NASDAQ Stock Market today, with shares trading under the stock code PT. The underwriters for the transaction were Goldman Sachs (Asia) LLC, Deutsche Bank Securities, Citigroup, and ICBC International. The net proceeds of this offering will be used primarily for general corporate purposes, which may include, among other things, investment in product development, sales and marketing activities,...

by FTB News Desk

Business Tools Financial Software

Snapsheet Named to CB Insights Fintech 250 List of Fastest-growing Startups

October 25, 20187 min

Snapsheet honored to be named to a list of leading startups for achievements in accelerating the digital transformation in the global insurance industry Snapsheet, the industry-leading provider of virtual claims technology for the personal and commercial insurance marketplace, today announced that it was named to CB Insights Top Fintech Startup list, which highlights the 250 most promising private companies demonstrating financial stability, overall health and growth potential. Snapsheet was one of only two companies in the...

by FTB News Desk

Business Tools Financial Software

Broadridge Launches Next-Generation Global Asset Servicing Solution

October 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...

by FTB News Desk

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

October 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,...

by FTB News Desk

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KT Corp. Wins Second Smart Meter Project in Uzbekistan

October 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...

by FTB News Desk

Business Tools Financial Software

Galileo’s CEO and AI Author Pedro Domingos to Present on the Risk of Weaponized AI

October 17, 20187 min

On Monday, October 22, Clay Wilkes and AI expert Pedro Domingos will share the stage to educate about the opportunities and impending threats that AI brings to financial services Galileo Processing, Inc. (“Galileo”), the company behind the tech that powers dynamic financial services delivered by North America’s boldest and most exciting fintech companies, financial institutions and investment firms, announced that CEO Clay Wilkes and AI visionary, Pedro Domingos, will speak at Money20/20 in a fireside chat titled, “Real Stories from...

by FTB News Desk

Business Tools Financial Software

Announcing The Finance Frontier

October 17, 20185 min

New podcast powered by Zoot Enterprises Today marks the launch of a new financial industry podcast, ‘The Finance Frontier.’ The Finance Frontier podcast explores the leading, bleeding and reeling edges of the financial world. The podcast is produced by Zoot Enterprises, a global fintech company providing advanced origination, acquisition, and decision management solutions. “We are very excited to embark on this new adventure,” said Eric Hathaway, Zoot VP and host of The Finance Frontier. “Our goal...

by FTB News Desk

Business Tools Financial Software

Dental Healthcare FinTech Startup, BidMySmile, Announces Equity Financing

October 16, 20185 min

Bid Doc, Inc., developers of the BidMySmile platform, a digital marketplace that connects qualified patients with orthodontic specialists, announced this week that it has closed a seed-round of equity financing. This transaction represents the company’s first outside capital. It was previously financed exclusively by its founders. “The proceeds from this investment will be used entirely for marketing and creating awareness to drive online traffic,”reported Greg Pellegrom, CEO. He added, “We have experienced a level of success in our pilot...

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