Banking - FinTecBuzz

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA

November 25, 20244 min

Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA. On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.” Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world. His...

by PRNewswire

Payments

New Report Reveals a Growing Interest in B2B AR Automation

November 25, 20245 min

Billtrust-Commissioned Datos Insights Study Finds 82% of B2B Businesses Not Using Automated AR Solutions Want to Adopt for Improved Cash Flow and Customer Satisfaction

by BusinessWire

Banking

68% FI Users Do Not Feel Known by Their Primary Financial Institution

November 22, 20245 min

Survey explores how Americans perceive and engage with their primary financial institutions

by PRNewswire

Platforms

Pocketnest Forges Strategic Alliance with CU WealthNext

November 22, 20246 min

Fintech trailblazer partners with CUSO to ignite credit union innovation

by BusinessWire

Investments

Piper Sandler Strengthens Financial Services Group Adding Matt Somma

November 22, 20245 min

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill Burgess and Scott Clark, co-heads of investment banking...

by PRNewswire

Banking

Empyrean Solutions Secures Significant Investment from Hg

November 22, 20249 min

Transaction follows a period of rapid growth and scaling, where Empyrean has emerged as a leading provider of integrated risk and performance management solutions for financial institutions. Funding will enable Empyrean to accelerate its product roadmap investments to address more ‘Office of the CFO’ software solutions, designed specifically for financial institutions, as well as expand sales and marketing to keep up with growing demand. Empyrean Solutions (“Empyrean”), a leading provider of risk and performance management...

by PRNewswire

Banking

Laurel Road Announces Hiring of Industry Veteran as CMO

November 21, 20244 min

Chris Milone Joins Laurel Road to Lead Marketing Strategy and Accelerate Growth

by PRNewswire

P2P Lending

Prosper Wins 2024 Tearsheet Award for ‘Best Consumer Lending Program’

November 21, 20243 min

Prosper Marketplace, the first peer-to-peer lending platform in the United States, has been recognized as the winner of the 2024 Tearsheet Award in the Best Consumer Lending Program category. The Tearsheet Awards celebrate companies who have achieved exceptional success in various categories, including marketing, banking, payments, data, and lending. This Best Consumer Lending Program award honors top performers in the lending sector, recognizing companies and individuals driving innovation in digital lending and expanding financial access to...

by PRNewswire

Banking

Wirex Works with Banking Circle to Revolutionize Global Financial Ops

November 19, 20245 min

Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services. This strategic collaboration is set to dramatically enhance Wirex’s financial operations across the globe, empowering millions of users with cutting-edge banking solutions. Under the cooperation, Banking Circle will provide a robust range of banking services that are crucial to Wirex’s continued global expansion and the enhancement of its financial ecosystem. These services...

by PRNewswire

Platforms

Truv Expands Integration With LOLA™ Platform With Verification of Assets

November 19, 20243 min

Truv, a leading provider of income, employment, asset and insurance verifications, is a preferred provider of Lenders One® Cooperative (“Lenders One”) and has seamlessly integrated into its cutting-edge platform for mortgage lenders known as Lenders One Loan Automation Platform™ (LOLA™). Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions dedicated to helping its members maximize revenue, reduce costs, and improve decision making. As a fast follow to Truv’s income and employment verification product...

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