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Behavioral biometrics expert BioCatch brought on a new team member today. The company appointed Bill Sytsma as Chief Revenue Officer. Sytsma is a 20-year veteran of the software and security industry. Most recently, he served as a vice president of sales at ThreatMetrix. In addition to that role, Sytsma has worked at Emulex, iPass, Aveksa, Read more…
BBVA-backed start-up Holvi will expand its offering to micro businesses in Ireland, Italy, Belgium, France and the Netherlands after reaching a 150,000-customer milestone, reports Jane Connolly of Fintech Futures (Finovate’s sister publication). Claiming to provide small business banking services for “everyday entrepreneurs”, the Finnish firm has experienced significant growth, particularly since its acquisition by global bank Read more…
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Debt collection solutions company Intellaegis, which does business under the name masterQueue, is marking its first round of funding today. The amount of the investment is undisclosed. “To this point, we’d been self-funded by the founders and two strategic Angel investors,” said Co-Founder and CFO Perla Lewis. “This allowed us to double staff and increase Read more…
Finastra has signed three global banks on its Fusion LenderComm platform: BNP Paribas, Natixis and Societe Generale, following a recent sign-up by NatWest, reports Henry Vilar of Fintech Futures (Finovate’s sister publication). “All of these banks were part of our Fusion LenderComm pilot and the momentum that the platform has seen since then is nothing Read more…
Bank data expert The ID Co. boosted its funding total to $11 million this week after closing on $2 million (£1.5 million). Headline investors in today’s round are Amadeus Capital Partners and SixThirty. The company, which already has clients in 30 countries, said the funding will fuel further global growth. CEO James Varga said, “We Read more…
Mobility-as-a-service platform Drover has teamed up with identity verification specialist Onfido to support smarter, more secure onboarding for its customers. “Balancing security against a smooth user experience is a challenge for many businesses, but our AI technology means we’re able to help Drover deliver both,” Onfido CEO Husayn Kassai said. “Reducing risk and building trust Read more…
Global payments platform Flywire is extending its agreement with China’s UnionPay, the Massachusetts-based company announced today. The two are re-launching a program that discounts foreign exchange rates on cross-border tuition and healthcare transactions. The initiative, which first launched last spring, is available to all UnionPay cardholders making payments originating in China. The rate on foreign Read more…
First Hawaiian is changing core systems but staying within the FIS camp. It has used the supplier’s mainframe-based Systematics for many years and has opted for the same supplier’s IBS core platform as the replacement, reports Martin Whybrow of Fintech Futures (Finovate’s sister publication). The project includes FIS’s Digital One omni-channel platform at the front-end. Read more…
The new mobile app from Paysend, Paysend Link, enables users to send money to anyone, anywhere, with just the recipient’s mobile phone number. “We are constantly looking for ways to simplify and improve (the) customer experience and make it even easier for the sender to initiate a transaction,” Paysend CEO Ronald Millar said. “Now all Read more…
A new straight through processing technology platform for alternative investments from WealthForge will make it easier for advisors and sponsors to manage alternative investment transactions for their clients and partners. The solution, Altigo, leverages automation to improve accuracy and save time in what the company called a typically “lengthy, error-prone, paper-based process.” WealthForge CEO Bill Read more…
E-commerce payments innovator Klarna announced today that its pay later options are now available in-store as well as online. “Shoppers today want more control over their buying experience,” Klarna U.K. General Manager Luke Griffiths said. “Our mission is to make payments as seamless and stress-free as possible. We’re now bringing more payment flexibility to the Read more…