financial services - FinTecBuzz

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

Payments

Banks Can Boost Fraud Detection 10x+ Than Through Better Collaboration

November 21, 20247 min

Just one in four (27%) financial service and online retail businesses in EMEA currently employ consortia or fraud insight exchange initiatives Top US card issuer combined digital identity, email and physical data to boost high-risk transaction detection by a factor of 23 Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud and Identity Report from LexisNexis® Risk Solutions. Examples include a...

by BusinessWire

Investments

Merchant Expands into Canada with SPM Financial Partnership

November 21, 20244 min

Industry Veteran Todd Fithian joins Merchant to propel strategic opportunities to growth-oriented wealth management firms throughout Canada

by PRNewswire

Payments

SWBC Launches Preferred Collect™ with FICO®

November 21, 20245 min

The service allows credit union borrowers to resolve past-due loan payments hassle-free

by PRNewswire

Banking

Blend Taps Alex Sion as Financial Services Vertical Leader

November 19, 20247 min

Blend, a leader in data science and AI-powered solutions, announced today the appointment of Alex Sion as the Financial Services Vertical Leader. With over two decades of experience leading digital transformation across financial services giants like JP Morgan Chase, Citi, and fintech private equity investor Motive Partners, Alex will spearhead Blend’s mission to deliver end-to-end AI-driven solutions for the financial services industry. “Alex’s deep expertise and visionary approach to financial services innovation will be instrumental in driving meaningful...

by PRNewswire

Compliance & Scoring

Doo Group Strengthens Global Reach with CySEC License for Doo Financial

November 18, 20244 min

Doo Group is proud to announce that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC). This achievement strengthens Doo Group’s commitment to providing a secure and regulated trading environment for its clients globally. Expanding Regulatory Reach The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong Kong and Malaysia. This strategic milestone reflects Doo Group’s dedication to...

by BusinessWire

Uncategorized

Majesco in Top 50 in IDC FinTech Rankings, Reinforces FinTech Leadership

November 18, 20245 min

Majesco, a global leader of cloud intelligent insurance solutions for insurance business transformation, announced today it was categorized as a 2024 IDC FinTech Rankings Top 50 solution provider, moving up from the Top 100 category in 2023. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and FinTech industries. “We’re incredibly proud and excited to be ranked among the top 50 in the...

by BusinessWire

Risk Management

MVB Names Joe Rodriguez as Chief Risk Officer

November 15, 20246 min

MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has named Joe Rodriguez as Chief Risk Officer. Rodriguez has a strong reputation in the financial services risk management industry as a leader who operates at the intersection of innovation and prudent risk management. “We are pleased to welcome Joe Rodriguez to the MVB family as a trusted partner on the financial frontier, committed to...

by BusinessWire

Insurance

Guidewire Named to Top 25 in 2024 IDC FinTech Rankings

November 14, 20243 min

Guidewire is the only P&C insurance platform provider worldwide ranked in the top 25

by BusinessWire

Investments

Mercer Advisors Expands in Greater Denver Acquiring Chapel & Collins

November 14, 20246 min

Firm continues growth in the Greater Denver Area with addition of experienced team focused on high-net-worth families

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