finance and technology - FinTecBuzz

IDA Raised USD6 Million Seed Round Led by CMCC Global and Hashed

PRNewswireSeptember 2, 20246 min

IDA, a premier Hong Kong-based digital asset company, has raised USD6 million in a seed funding round led by prominent blockchain investors CMCC Global, under its Titan Fund, and Hashed. This capital injection will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which is designed to be regulated in Hong Kong. Additional participants in this round also include Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, and Yolo Investments as well as notable angel investors, such as Raj Gokal, Co-founder of Solana. Aside from providing funding, leading blockchain...

Payments

PayToMe.co Honored with Stevie® Silver Award for Technology Excellence

PRNewswireAugust 23, 20243 min

Redefining Global Finance with AI-Innovations and Strategic Partnerships

Banking

Kinective announced a new appointment and a promotion

KinectiveAugust 16, 20245 min

Strategic Leadership Appointments Bolster Kinective's Executive Team to Drive Innovation and Strengthen Market Position

In-House Features

EFT and ACH: Unraveling the Mysteries of Modern Financial Transactions

FTB News DeskAugust 8, 202412 min

Explore the quirky world of EFT and ACH! Our blog reveals the mysteries behind modern financial transactions in a fun and insightful way.

Compliance & Scoring

IVIX Grows Leadership Team with New CRO and Other Senior Hires

PRNewswireAugust 6, 20248 min

Former Mastercard executive Stephen Ryan, cybersecurity expert Andrey Shomer, Linoy Fradkin and Melissa Anderson to join the growing company that helps governments address pervasive financial crime at scale

Payments

Emburse and Finexio Announce Strategic Relationship

BusinessWireJuly 31, 20245 min

Partnership delivers faster, flexible payment processing, and increases customers’ rebate opportunities

Banking

Rapid Finance Adds Matthew Thomas as Enterprise Account Executive

BusinessWireJuly 29, 20243 min

Rapid Finance, a leading small business banking platform specializing in customized financing solutions, announced the appointment of Matthew Thomas as the company’s new Enterprise Account Executive. Thomas will play a critical role in supporting sales efforts for Rapid Finance’s host of end-to-end digital lending solutions with large enterprise clients. “We’re happy to welcome Matthew Thomas to our fast-growing and diverse team,” said Will Tumulty, CEO of Rapid Finance. “I’m confident that Matthew’s skillset and expertise will...

Payments

Burnt-Out Finance Teams Seek Automation Amid Economic Uncertainty

PRNewswireJuly 26, 20245 min

55% of finance professionals are reportedly experiencing burnout, with 58% planning to leave the sector and follow a different career path. With mounting economic uncertainty, finance teams are facing budget cuts, fewer resources and higher burnout than ever before, contributing to these figures. The resulting pressure and stress are adding up, and organizations are scrambling for solutions. AI and automation are being leveraged across professional industries to lighten the load on employees as well as...

Platforms

S64 Appoints Andy Gent as Global Chief Operating Officer

GlobeNewswireJuly 26, 20244 min

S64, the leading alternatives fintech and solutions partner to the wealth management industry, has announced the appointment of Andy Gent as Global Chief Operating Officer (COO). His appointment bolsters S64’s executive team as the firm prepares for its next phase of growth. Andy will be responsible for leading S64’s corporate functions across its global operations in EMEA, APAC and LatAm. He will also be instrumental in driving execution of the firm’s key strategic priorities across...

API

Trovata and State Street’s Fund Connect announced integration

PRNewswireJuly 25, 20244 min

Fund Connect users get access to API-driven liquidity intelligence to maximize interest income

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