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North Carolina-based First Bank, with 102 branches and assets of $5.6 billion, has partnered with loan origination platform provider Baker Hill, and will leverage the fintech’s consumer lending and online loan application solution to support its continued growth. “Our goal at Baker Hill is to help community financial institutions, like First Bank, generate efficient and profitable Read more…
AlphaPoint, a New York-based fintech that leverages distributed ledger technology to enable financial institutions to digitize, trade, and manage any asset, is celebrating its fifth anniversary with news that it has raised $15 million in new funding. The Series A round was led by Galaxy Digital Ventures, and brings the company’s total capital to $16.6 Read more…
Courtesy of a just-completed Series A round, Cologne-based nextmarkets has raised $6.96 million (€6 million) in capital. The round featured participation from existing investors FinLab, Peter Thiel and Falk Strascheg, as well as new investors Axel Springer Media for Equity GmbH, Cryptology Asset Group PLC, and British hedge fund manager Alan Howard. The Series A Read more…
Next generation payment solution provider PayStand is expanding into Canada. The Scotts Valley, California-based company announced that its digital payments platform will support domestic B2B commercial payments and help it earn a share of the Canadian payments volume that takes place over electronic funds transfer (EFT) – more than a third of which is B2B. Read more…
Alternative investment platform DarcMatter has teamed up with South Korean crypto investment fund and accelerator, #Hashed. The partnership will enable DarcMatter, which specializes in providing direct access to pre-vetted hedge funds, private equity, and venture capital funds, to extend its reach into the Asian market and gain insight into the crypto investment industry. And as Read more…
Australian payments and identity solutions provider iSignthis is adding to its offerings by launching a Euro-based, B2B transactional banking service. The company said the service was being provided to serve clients in the small to mid-scale CFD, FX, and gaming industries who are often underserved by traditional retail banks. The service features: Inbound processing for Visa Read more…
Data analytics company Ignite Sales and financial services giant FIS joined forces this week. Through the partnership, Ignite Sales will make its customer engagement technology available to FIS community banking clients. The cloud-based customer engagement and application conversion technology, Ignite Dialogue, is made available in affordable, easy-to-implement packages. Ignite adapted this technology last March to make the Read more…
Every gold rush needs someone to sell picks and shovels. And in the gold rush that is the cryptocurrency boom, some of the most valuable picks and shovels are tools to help cryptocurrency exchanges remain compliant with regulations regarding anti-money laundering (AML). So it is no surprise to learn that Australian digital asset exchange Blockbid Read more…
Diebold Nixdorf announced this week that it partnered with Emirates NBD to bring consumers in the United Arab Emirates access to its digital kiosk that offers a variety of banking services. The bank has called the kiosk EasyHub, and the capabilities go far beyond a typical ATM. This kiosk allows customers to conduct many of the Read more…
Reflecting what the company calls its “core digital capabilities” and desire for international expansion, London, U.K.-based automation technology innovator Intelligent Environments has rebranded as ieDigital. “As a leading fintech business with global ambitions, it’s important that our brand travels as well as our expertise,” said Jeremy Young, who joined the company as CEO at the Read more…
Fixed income portfolio platform BondIT has initiated a partnership with FIIG Securities. Through the agreement, FIIG will leverage BondIT’s bond portfolio solution for relationship managers. Australia-based FIIG offers fixed income services for 6,000 clients, managing more than $7.6 billion (AUD 10 billion) in assets. The company will bring BondIT’s bond portfolio solutions to its core investment management platform, SimCorp Read more…
Ecommerce fraud protection provider Signifyd has more than doubled its financing total with a new round of funding today. The company just closed a $100 million Series D round, bringing its total to $187 million. Leading the round is Premji Invest, with participation from existing investors Bain Capital Ventures, Menlo Ventures, American Express Ventures, IA Read more…