Tagged: financial software

February 13, 2024 @ 12:09 pm By Omar Faridi  |  

Finastra, a provider of financial software applications and marketplaces, and Tesselate, a consultancy, have announced the launch of an end-to-end pre-packaged service for faster and easier online trade finance. Tegula Trade Finance as a Service, powered by Finastra Trade Innovation and Corporate Channels, enables US… Read More

December 26, 2023 @ 8:38 am By Omar Faridi  |  

CSI, a provider of end-to-end financial software and technology, announced today it has acquired St. Louis, Missouri-based software provider Hawthorn River, which offers a modern, single-platform loan origination system (LOS) “purpose-built for community banks.” The transaction reportedly follows “a successful commercial partnership between the two… Read More

November 3, 2023 @ 10:51 pm By Michael Wong  |  

TAS, an Italian banking and financial services software provider, has announced the appointment of Fabio Benasso, a long-standing Accenture executive, as its new group president. The decision came following a recent meeting of the Board of Directors, marking a new chapter in the company’s pursuit… Read More

August 2, 2023 @ 9:05 am By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, and Crowe LLP, a public accounting, consulting, and technology firm, have announced a strategic alliance “to offer an innovative accounting workflow automation solution, aimed at improving the performance and synergy of accounting… Read More

July 6, 2023 @ 11:20 am By Omar Faridi  |  

Finastra, a global provider of financial software applications and marketplaces, announces that Melton Building Society has selected Finastra Essence, “deployed on Microsoft Azure cloud, to digitally transform its operations and provide the agility required to quickly implement new services.” Finastra‘s SaaS solution will “enable the… Read More

October 17, 2022 @ 10:57 pm By Omar Faridi  |  

Financial institutions are spending millions of dollars every year inefficiently onboarding and maintaining clients, according to research from Fenergo, the provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions. A global study of over 1,000 C-level executives across… Read More

October 3, 2022 @ 10:49 pm By Omar Faridi  |  

Savana, which claims to be one of the industry leaders in financial software for banks and Fintechs, announced that Battle Financial, Inc., building the proposed Eagle County Colorado-based Battle Bank, has selected Savana “as the digital delivery platform to orchestrate its technology ecosystem and automate… Read More

August 15, 2022 @ 9:53 am By Omar Faridi  |  

Avivatech, LLC, a software business specializing in cash and check software automation solutions in branch banking and retail payment environments, has introduced its check product suite of solutions, “comprising of Avivatech’s Vault and QDS Capture solutions.” These solutions work to “provide financial institutions a fully… Read More

August 3, 2022 @ 8:29 pm By Omar Faridi  |  

Savana, a financial software for banks and fintechs, announced the closing of a $45 million Series A round led by Georgian, a growth-stage investor based in Toronto, Canada. The funds will be “used to drive continued growth of Savana’s core-agnostic Digital Delivery Platform, ramp up… Read More

July 28, 2022 @ 9:41 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced its subsidiary, The Depository Trust Company (DTC), has “connected its automated ClaimConnect solution to the claims processing platform offered by financial software provider Kingfield Corporation.” The partnership… Read More

May 16, 2022 @ 6:41 pm By Omar Faridi  |  

Sudozi, a financial software innovator, recently announced new solutions to help finance teams automate workflows and improve spend decisions, as well as “the close of a $4.3 million seed round led by Pear VC with participation from S3 Ventures and Mischief.” Founded by the former… Read More

December 11, 2020 @ 2:14 pm By Omar Faridi  |  

Credit Karma aims to offer free credit score tracking and its business was worth billions of dollars to Intuit (NASDAQ:INTU), an American business and financial software firm that provides financial, accounting, and tax preparation software for small businesses. Intuit recently finalized its acquisition of Credit… Read More

November 30, 2020 @ 3:46 pm By Samantha Hurst  |  

Less than two years after Coinsquare acquired cryptocurrency trading platform StellarX, financial software engineering company Ultra Stellar has purchased the platform. As previously reported, StellarX is claimed to be the first full-featured trading app for Stellar’s universal marketplace. The exchange operates as a truly decentralized… Read More

September 4, 2020 @ 10:16 am By Omar Faridi  |  

Finastra, a financial services software provider, has been identified as a leader in “The Forrester Wave: Digital Banking Processing Platforms (DBPP) (Retail Banking), Q3 2020” report. Forrester is an independent research company. It included 10 other service providers in its recent evaluation report, and claims… Read More

June 24, 2020 @ 11:02 pm By Omar Faridi  |  

Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which… Read More

March 31, 2020 @ 12:38 am By Omar Faridi  |  

Australia-based Iress is launching a new hub that will offer free technology-related information and support for the financial services sector as it begins to adjust to new ways of completing tasks during the coronavirus (COVID-19) outbreak. Visitors will have access to guidance and tools such… Read More