Tagged: finance

January 20, 2023 @ 10:31 am By Omar Faridi  |  

C2FO, which claims to be the world’s on-demand working capital platform, claims it finished 2022 strong “in the face of shifting global financial conditions.” The company’s focus on “providing fast, flexible and equitable access to cash flow became an even more significant asset to businesses… Read More

December 27, 2022 @ 7:37 pm By Omar Faridi  |  

Japan-based Fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that “allows customers to pay for online installment purchases straight from their bank accounts.” Smartpay Bank Direct “emphasizes user security while delivering convenience for the consumer, through a network of… Read More

December 23, 2022 @ 12:57 pm By Omar Faridi  |  

Skyscend Inc., an SaaS platform provider for supply chain finance, announced that it has joined Visa’s Fintech Fast Track Program, speeding up the process of integrating with Visa, “allowing Skyscend to more easily leverage the reach, capabilities, and security that VisaNet, the company’s global payment… Read More

December 18, 2022 @ 10:43 pm By Omar Faridi  |  

Secure Trust Bank has partnered with Mastercard (NYSE: MA) in order to “offer customers more choice and convenience through open banking to repay retail finance.” Open banking empowers consumers “to access, use and benefit from their financial data, and to initiate payments between any of… Read More

December 18, 2022 @ 6:02 pm By Omar Faridi  |  

With embedded finance set to become a “quintessential” component of many industries, smaller businesses and individuals can now “have greater access to financial services than ever before owing to banking-as-a-service (BaaS),” according to an update from GlobalData. With the right partners and systems in place,… Read More

December 14, 2022 @ 8:27 pm By Omar Faridi  |  

Kyriba, which claims to be the global leader in cloud-based financial and IT solutions, has announced the launch of Kyriba Receivables Finance. The solution “provides finance teams with greater control over factoring or securitization programs as well as enabling selective invoice financing.” The multi-funder solution… Read More

October 26, 2022 @ 4:17 pm By Omar Faridi  |  

Kyriba, which claims to be a global “leader” of cloud-based finance and IT solutions, announced the launch of Liquidity Planning, a “totally reimagined” cash flow planning and forecasting solution. Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight… Read More

October 19, 2022 @ 12:41 pm By Omar Faridi  |  

GoCardless, which claims to be a global leader in direct bank payments, has signed Crowdz, the small and mid-sized enterprise (SME) finance platform, “as its latest customer as the company looks to integrate open banking to enhance its ability to drive equitable access to finance… Read More

October 9, 2022 @ 2:05 pm By Omar Faridi  |  

Decades into the new millennium, finance teams are still behind with digital transformation. Research shows that finance executives are still struggling with process improvement, whether it be document handling, collecting signatures, reporting, or forecasting. Finance is a key function that supports the business with timely… Read More

October 3, 2022 @ 10:06 pm By Omar Faridi  |  

PwC Hong Kong announces the signing of a collaboration agreement with TerraZero Technologies, Inc. With offices in Vancouver and Los Angeles, TerraZero brings together specialists and entrepreneurs “from blockchain, web3, design, programming, entertainment, marketing and finance backgrounds.” PwC and TerraZero are “devising a go-to-market strategy… Read More

September 22, 2022 @ 10:54 pm By Omar Faridi  |  

Taulia, a provider of working capital solutions, and Standard Chartered (LON: STAN) have signed a memorandum of understanding (MoU) “to collaborate across a range of working capital finance solutions, with an initial focus on the provision of supply chain finance and dynamic discounting.” This marks… Read More

September 20, 2022 @ 1:05 am By Omar Faridi  |  

Likvidi, a regenerative finance (ReFi) company, has announced the launch of its Origins Collection; the “first-ever” carbon credit-yielding NFTs. Holders of Origins NFTs can “earn tokenized carbon credits which they can use to offset their carbon footprint.” This is the first of a line of… Read More

September 16, 2022 @ 7:31 pm By Omar Faridi  |  

Kyriba, which claims to be a global leader of Cloud-powered finance and IT solutions, recently announced the launch of Cash Management AI, a solution based on AI, which uses data science tech to predict cash availability with greater speed, control and reliability. The solution enhances… Read More

September 12, 2022 @ 3:03 pm By Omar Faridi  |  

Securrency, a blockchain-based financial markets infrastructure and products company, announced that it will deploy its proprietary Digital Asset Composer on the XDC Network, a blockchain “with a mature ecosystem and a particular focus on real-world applications in global trade and finance.” Digital Asset Composer is… Read More

September 8, 2022 @ 11:46 am By Omar Faridi  |  

Security Token Advisors (STA), the “original” consulting firm and advisory group in the tokenization space, is pleased to announce the unveiling of its recent infrastructure client and now vendor OvenueTM, a deep technology platform that “bridges the gap between real-world assets and non-traditional finance (also… Read More

September 7, 2022 @ 11:58 pm By Omar Faridi  |  

With financial services globally and in Singapore shifting towards embedded finance, KPMG announced the launch of Singapore’s first Embedded Finance Hub with ambitions “to accelerate the adoption of embedded finance in the country.” The Hub, set to run for at least 2 years is expected… Read More

September 3, 2022 @ 11:40 am By Omar Faridi  |  

The economy is facing massive disruptions: inflation, great resignation, and possible recession, among others. This has driven customers to switch financial institutions at a click of a button, looking for the ones that provide them the most benefits and help with their financial health. However,… Read More

August 25, 2022 @ 8:29 pm By Omar Faridi  |  

MakerDAO, the “longest-standing” DeFi lending protocol and creator of DAI, the “original,” decentralized stablecoin, announced that Huntingdon Valley Bank (HVB) has been “approved to utilize a $100M participation facility, funded by a Maker Vault.” Through this development, HVB, a Pennsylvania Chartered Bank founded in 1871… Read More

August 25, 2022 @ 3:55 pm By Omar Faridi  |  

Ramp, the first finance automation platform and corporate card designed to help businesses spend less, announced an expansion of its platform that “enables businesses to finance all of their bills in one place.” Bill Pay, its accounts payable automation product, will now “offer businesses the… Read More

August 25, 2022 @ 11:01 am By Omar Faridi  |  

Muse Finance, a finance provider for small, medium and growing businesses, announced that it has closed a $20 million debt facility “to support the growth of small businesses.” The additional funds mean that Muse now “has access to over $96,000,000 USD (or £73,890,000 GBP), having… Read More