finance - FinTecBuzz

Inflexion announces acquisition of Nomentia

March 1, 20236 min

Inflexion is pleased to announce it has entered into an agreement to acquire a majority stake in Nomentia, a leading European treasury and cash management software provider, from current investors PSG Equity (“PSG”), a leading growth equity firm partnering with software and technology-enabled services companies, and Verdane, a European specialist growth investor named one of the region’s most active software investors. The investment is being made by Inflexion Buyout Fund VI. Helsinki-headquartered Nomentia is a...

by PRNewswire

Banking

Nancy Papaioannou joins the Alma Bank team as Senior Advisor

March 1, 20235 min

Alma Bank (the “Bank”) is pleased to announce the appointment of Nancy Papaioannou as Senior Advisor. In her new role, Ms. Papaioannou will report directly to Michael Psyllos, the President and Chief Executive Officer, and will focus on business development and relationship growth. Ms. Papaioannou is a widely respected community bank leader who, most recently, served as President of The Atlantic Bank Division of New York Community Bank. She will work closely with Mr. Psyllos, as well as...

by BusinessWire

Blockchain

Tassat ® Group Successfully Completes Type 2 SOC 2 Examination

March 1, 20234 min

Tassat Group, Inc., the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced the company successfully passed its 2022 Type 2 SAE 18 SOC 2 Examination. The Type 2 SOC 2 Examination is a detailed assessment of the controls the organization has implemented around security, confidentiality, and availability of information and systems. Schellman & Company, LLC, an external auditor, conducted the examination which focused on the design and...

by PRNewswire

Payments

Consilient Announces FL Solution for Financial Crime Detection

March 1, 20237 min

Solution transforms risk management by securely detecting high-risk entities and behaviors across different financial institutions while preserving data privacy

by FTB News Desk

Interview

FinTech Interview with Mark Gazit, Chief Executive Officer & President of ThetaRay

March 1, 202319 min

by PRNewswire

Insurance

EvolutionIQ’s Funding Total Rises to $33.1M; Valuation Passes $200M

March 1, 20238 min

With recurring revenue tripling for the 3rd consecutive year, the leader in AI-powered Claims Guidance caps its latest funding round at $7 million Company’s value effectively doubles despite the tech sector’s ongoing volatility Industry adoption accelerates as its AI measurably and consistently helps more sick or injured people recover and return to work vs insurers’ legacy processes EvolutionIQ, the market-leading AI-powered Claims Guidance platform for Disability, Workers’ Compensation, and Property & Casualty insurance, today announced that...

by BusinessWire

Compliance & Scoring

DIFC Chooses Napier to Provide Client Screening Capabilities

February 28, 20234 min

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has chosen anti-financial crime compliance specialist Napier to upgrade the screening services they employ with Napier Client Screening. With the next-generation solution, the DIFC Authority will benefit from continuous large-scale client screening and re-screening capabilities to ensure it fulfils regulatory compliance requirements. The partnership will help DIFC safeguard its global reputation and vigilant adherence to...

by PRNewswire

Banking

Banesco USA Expands in Palm Beach

February 28, 20235 min

Banesco USA, an independent Florida state-chartered bank headquartered in East Doral, announces the expansion to the Palm Beach market as an integral step in the execution of its corporate growth strategies. The Palm Beach target market includes commercial real estate and middle-market business clients, as well as business executives and professionals. Longer term plans include delivering a premier banking experience with a full-service branch. Five seasoned and experienced bankers, bringing more than 25 years of banking experience serving Palm Beach, most recent with Professional...

by BusinessWire

API

Total Expert Joins Polly’s High-impact API Integrations Roster

February 28, 20234 min

Integration enables Total Expert to support customers using Polly’s PPE; demonstrates Polly’s vital position in the modern mortgage tech stack

by PRNewswire

API

BingX Partners With Mercuryo for Smarter Digital Payments

February 28, 20235 min

BingX, one of the leading crypto exchanges, is excited to announce its partnership with Mercuryo. This collaboration between the two leading companies in the fintech industry is set to transform the digital payments landscape by providing secure, fast, and easy-to-use solutions for customers worldwide. Mercuryo is a global payments infrastructure platform, reinventing the ease of making payments by providing businesses from both the fiat and crypto worlds with a wide range of financial services and products, accessible through single...

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