Financial Technology - FinTecBuzz

FinTech is Now a Necessity, Heralds the End of In-Person Banking

December 7, 20216 min

Blumberg Capital, a leading early-stage venture capital firm, today announced the results of its fourth annual survey of consumer behavior and attitudes on financial technology, known as fintech. The study, which polled 1,000+ U.S. consumers over the age of 21, revealed a significant shift in how consumers engage with and value fintech solutions. Following pandemic lockdowns, the majority of consumers (66%) now believe that fintech solutions are a necessity for personal finance, not just a...

by PRNewswire

Banking

Salem Five Bank Transitions to Baker Hill NextGen®

November 2, 20215 min

Through the partnership expansion, Salem Five Bank will gain new efficiencies in small business and commercial lending with Baker Hill NextGen® Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Salem Five Bank. The bank has upgraded to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio monitoring. Salem Five is a highly regarded community savings bank founded in...

by PRNewswire

Payments

Former American Express OPEN President joins Plastiq

September 23, 20216 min

Plastiq, the leading smart payments platform for small and mid-sized businesses (SMBs), today announced the appointment of Kerry Hatch as its new President and board member. In her new position, Kerry will play a key role in accelerating the growth of the business by leading the product, engineering, talent, operations, business development, and go-to-market functions at Plastiq. “As an advisor to Plastiq for many years, Kerry is well versed in the goals of our company as well as the financial technology...

by PRNewswire

Financial Software

Kasasa® Achieves AWS Financial Services Competency Partner Status

September 22, 20214 min

The financial technology partner joins an elite group of banking companies to receive the esteemed accreditation Kasasa®, the only financial technology partner committed to helping community banks and credit unions take back banking by equipping them with world-class financial products, announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency Partner status. Kasasa is the fifth banking company in North America and the ninth banking company globally to receive the noteworthy designation. The AWS Financial Services Competency Partners certification is a company-level accreditation that aims to...

by PRNewswire

Financial Software

Kasasa Named to 2021 IDC FinTech Rankings

September 15, 20214 min

Annual ranking highlights top 100 global providers of financial technology

by BusinessWire

Financial Software

Skeps announces $9.5M Series A Funding

September 2, 20213 min

Skeps’ technology has been helping merchants and lenders offer credit solutions for their customers with the highest likelihood of conversion for over three years

by BusinessWire

Payments

Payment Company Mogo Reports Second Quarter 2021 Financial Results

August 12, 202116 min

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced its financial and operational results for the second quarter ended June 30, 2021. Second Quarter Financial Highlights (All comparisons are relative to the three-month period ended June 30, 2020 unless otherwise stated) Revenue increased 29% to $13.7 million. Subscription and services revenue growth accelerated, up 81% year over year to a record $8.2 million (60% of total revenue). Record...

by BusinessWire

Financial Software

FIS Named to Fast Company’s 2021

August 5, 20213 min

FIS is one of 100 companies on the Fast Company list which recognizes companies that successfully foster innovation. Financial technology leader FIS® (NYSE: FIS) announced today that it has been named to Fast Company Magazine’s 2021 Best Workplaces for Innovators list. Fast Company’s annual Best Workplaces for Innovators recognizes companies that are successfully fostering cultures of innovation by empowering employees to improve processes, create new products and invent new ways of doing business. FIS is one of just 100...

by BusinessWire

Financial Software

SRAX To Host the LD Micro Main Event

July 27, 20213 min

SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, will host the 2021 LD Micro Main Event, both in-person in Los Angeles and virtually via their Sequire Virtual Events platform, on October 12-14. LD Micro is the host of the most influential conferences in the small and microcap world. The LD events have been presented virtually since the start of the pandemic....

by PRNewswire

Banking

OneConnect Wins Two Awards for its Pioneering Fintech Solutions

July 27, 20215 min

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect”), a leading technology-as-a-service platform for financial institutions and an associate of Ping An Group, won two awards at the Asian Banker China Awards during the Finance China 2021 conference in Beijing on July 22, organized by the authoritative international financial magazine the Asian Banker. OneConnect’s Know Your Manager (KYM) Smart Investment & Research Platform won China’s Best Retail Investment Technology Award, while its Big Data Risk Identification & Early Warning Platform won China’s Best Data...

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