Fintech Valley Vizag

Virtusa Awarded 2022 Global AWS Partner Award

Retrieved on: 
Tuesday, December 6, 2022
Travel, Culture, Fintech Valley Vizag, Specialization, API, Amazon Web Services, Virtusa, Heartland Industrial Partners, Rationalization, APN, Global 2000, Region, OIP, Micro ISV, Engineering, AWS, Sis, Marketing, Data, Information technology, Insurance, Video game, Online shopping, Management

LAS VEGAS, Dec. 6, 2022 /PRNewswire/ -- Virtusa is excited to announce it is a recipient of two 2022 Global AWS Partner Awards, recognizing leaders around the globe playing a key role helping customers drive innovation and build solutions on Amazon Web Services (AWS).

Key Points: 
  • LAS VEGAS, Dec. 6, 2022 /PRNewswire/ -- Virtusa is excited to announce it is a recipient of two 2022 Global AWS Partner Awards, recognizing leaders around the globe playing a key role helping customers drive innovation and build solutions on Amazon Web Services (AWS).
  • Announced during a Partner Awards Gala at AWS re:Invent 2022, the Regional and Global AWS Partner Awards recognize a wide range of AWS Partners, whose business models have embraced specialization, innovation, and cooperation over the past year.
  • Regional and Global AWS Partner Awards recognize partners whose business models continue to evolve and thrive on AWS as they work with customers.
  • Virtusa is honored to receive two global AWS Partner Awards: Data and Analytics Partner of the Year and the Industry Partner of the Year.

Temenos Expands Agreement with Mbanq to Accelerate Banking-as-a-Service in the US

Retrieved on: 
Thursday, December 1, 2022
API, Growth, Complaint, Hand, Partnership, Mobile backend as a service, Back office, Financial technology, Ecosystem, Investment, Fintech Valley Vizag, Bank, Retail, Temenos

Mbanq is a leading BaaS provider in the US, one of the fastest growing BaaS markets in the world.

Key Points: 
  • Mbanq is a leading BaaS provider in the US, one of the fastest growing BaaS markets in the world.
  • Furthermore, Mbanq has robust relationships with numerous partner banks providing compliant banking operations and enabling them to participate in the lucrative BaaS market.
  • Temenos and Mbanq offer an end-to-end BaaS infrastructure including regulatory support to help FinTechs launch in just a few months and with a cost-effective, pay-as-you-go model.
  • Powered by Temenos open platform, Mbanq expands its BaaS value proposition across the entire spectrum of embedded finance, from concept to delivery to operations.

TurnKey Pay Later - Customer Finance Platform Enables Businesses to Bring BNPL In-House

Retrieved on: 
Thursday, November 17, 2022
Automation, Growth, Collection, Software as a service, Sale, PayPal, Fintech Valley Vizag, Bank, Online shopping

AUSTIN, Texas, Nov. 17, 2022 (GLOBE NEWSWIRE) -- TurnKey Pay Later platform automates all aspects of consumer and commercial buy now pay later process for product and service providers as well as lenders.

Key Points: 
  • AUSTIN, Texas, Nov. 17, 2022 (GLOBE NEWSWIRE) -- TurnKey Pay Later platform automates all aspects of consumer and commercial buy now pay later process for product and service providers as well as lenders.
  • TurnKey Lender has automated processes for embedded lenders for years now, but in 2022, the demand for powerful and user-friendly automation of in-house BNPL programs became much higher.
  • Business owners' control over the BNPL process ensures better returns on technology investment, higher customer lifetime value and a streamlined digital customer experience.
  • TurnKey Pay Later gets you on the same level of digital BNPL experience as Affirm and PayPal provide but the platform is yours and tailored to you and your consumers.

Ungerboeck Selects Seasoned Software Exec Alex Alexandrov as CEO

Retrieved on: 
Monday, November 14, 2022
Investment, Austin, Texas, Thomas, Lead, IPO, System One, Economics, Fintech Valley Vizag, Software as a service, Moses Austin, Thomas H. Lee Partners, Harvard Business School, EBITDA, MBA, CompuCom Systems, University, Black knight, Fidelity National Financial, FIS, SoftwareONE, Nielsen, Management, Gottfried Ungerboeck

ST. LOUIS, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Ungerboeck, the global leader in venue and event management software,today announced the appointment of Alex Alexandrov as its new chief executive officer.

Key Points: 
  • ST. LOUIS, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Ungerboeck, the global leader in venue and event management software,today announced the appointment of Alex Alexandrov as its new chief executive officer.
  • Alexandrov joins Ungerboeck from SoftwareONE where he served as a member of the executive board, chief operating officer and president of the Latin American region.
  • During his tenure at SoftwareONE, Alexandrov and the executive team grew revenue by more than 300% and quadrupled EBITDA.
  • The venue and events industry has experienced an important inflection point in the last few years, and Ungerboeck is perfectly positioned to capitalize on the market opportunities that have emerged as a result, said Alex Alexandrov, CEO, Ungerboeck.

11:FS 'Best Use of Web3' Award Goes Beyond Crypto

Retrieved on: 
Thursday, November 17, 2022
Growth, Appetite, MSME-Champions, Fintech Valley Vizag, Financial technology, Entrepreneurship, FS, Thought, Cryptocurrency, Bank

As the name suggests, the 'Best Use of Web3' recognizes projects that "incorporate web3 into financial services products in a way that truly taps into the potential of web3."

Key Points: 
  • As the name suggests, the 'Best Use of Web3' recognizes projects that "incorporate web3 into financial services products in a way that truly taps into the potential of web3."
  • Speaking on the award, Credix CEO and Co-Founder said:
    "We are honored and grateful to 11FS for their recognition of the work Credix is doing to build the future of global credit markets.
  • In recent months the platform has continued to attract family offices and institutional investors to its platform.
  • This continued growth during the crypto winter attests to the appetite for projects that leverage blockchain in ways that are unlinked to crypto volatility.

Zero Hash launches in Brazil, accelerating its global expansion

Retrieved on: 
Thursday, November 3, 2022
Zero, API, Fiserv, Hash, 2019 MoneyLion 300, Fintech Valley Vizag, Board, DraftKings, GLOBE, Bain Capital Ventures, Name, Reproduction, Cryptocurrency, MercadoLibre, Growth, Major airlines of the United States, RecargaPay

SO PAULO, Brazil, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Zero Hash, the leading global B2B2C crypto-as-a-service infrastructure provider, today announced its expansion into Brazil.

Key Points: 
  • SO PAULO, Brazil, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Zero Hash, the leading global B2B2C crypto-as-a-service infrastructure provider, today announced its expansion into Brazil.
  • Zero Hash enables businesses to embed digital assets within their product offering with a light technical lift and little regulatory burden.
  • Since its founding in 2017, Zero Hash has an established global business powering neo-banks, broker-dealers, payment groups, and non-financial consumer brands to launch crypto products within their existing customer experience.
  • Zero Hash has appointed Tiago Galli as a Board member of its Brazilian subsidiary.

Blank Rome Welcomes Financial Regulations and Compliance Pro as Consumer Finance Partner in Washington, D.C.

Retrieved on: 
Tuesday, November 1, 2022
Gramm–Leach–Bliley Act, Alston & Bird, Private practice, Bank Holding Company Act, Treasury, Consumer, CFPB, Colgate, Congress, Knowledge, U.S. Department of the Treasury, Office of Inspector General, Policy, Promontory, GLOBE, Industry, Risk, Blank Rome, Blank, Government, Home Ownership and Equity Protection Act of 1994, Secure, Real Estate Settlement Procedures Act, Vermont Law School, Dodd–Frank Wall Street Reform and Consumer Protection Act, Compliance, National Flood Insurance Act of 1968, Privacy Office of the U.S. Department of Homeland Security, LLM, Consumer Financial Protection Bureau, National Bank Act, National Flood Insurance Program, Georgetown University Law Center, Ferrum College, Fintech Valley Vizag, Solution, Financial adviser, Property management, Medicine

Washington, D.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that R. Colgate Selden has joined the firms Washington, D.C., office as a partner in the Financial Institutions Litigation & Regulatory Compliance (FILARC) practice group.

Key Points: 
  • Washington, D.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that R. Colgate Selden has joined the firms Washington, D.C., office as a partner in the Financial Institutions Litigation & Regulatory Compliance (FILARC) practice group.
  • At Blank Rome, Colgate will advise clients on federal and state laws regulating consumer and mortgage lending.
  • Colgate joins Blank Rome from Promontory MortgagePath LLC, a company founded by a former comptroller of the currency and provider of digital mortgage and fulfillment solutions, where he served as managing director and head of regulatory legal, compliance, and risk.
  • He subsequently joined Alston & Bird LLP where his national practice focused on federal and state consumer laws and regulations applicable to the banking and lending industries.

Envestnet Data & Analytics Unveils New Vision at Money 20/20

Retrieved on: 
Monday, October 24, 2022
API, Financial technology, LinkedIn, Technology, Growth, Super Mario, Family, NYSE, RIAS, Intelligence, WDP, Twitter, Multimedia, BDP, Data, Partnership, Fintech Valley Vizag, Solution, TDP, Goal, Fairlight (group), Small business, Ecosystem, View, Friction, Blog, Money, Payment, Data aggregation, TCS, Cryptocurrency, Financial adviser, Bank, Online shopping, Envestnet

Envestnet Data & Analytics holistic end to end platforms serve as the foundation for personalized and actionable data, insights and experiences across the Envestnet ecosystem, to service the Wealth, Banking and Technology industries. These platforms enable actionable intelligence and next best actions for Envestnet clients -- driving measurable results to deliver the Intelligent Financial Life for consumers, small and medium size businesses, advisors and investors.

Key Points: 
  • By bringing together the combined capabilities from throughout its business, Envestnet Data & Analytics applies the use of data, intelligence and technology to support the millions of decisions people make about money and their financial future every single day.
  • "Data has the power to harmonize and connect all parts of a person's financial life so that their daily monetary decisions support their long-term goals," said Farouk Ferchichi, Group President, Envestnet Data & Analytics.
  • Envestnet Data & Analytics holistic end to end platforms serve as the foundation for personalized and actionable data, insights and experiences across the Envestnet ecosystem, to service the Wealth, Banking and Technology industries.
  • TCS: To increase operational scale and business agility, Envestnet Data & Analytics announced a partnership with TCS earlier this month.

EQS-News: JDC Group AG: JDC Group launches Summitas Gruppe with Bain Capital Insurance and Canada Life Irish Holding Company Limited as a consolidation platform for insurance intermediaries

Retrieved on: 
Saturday, October 22, 2022
Insurance, DMS, Growth, ESG, Financial Oversight and Management Board for Puerto Rico, Partnership, Member, Senior advisor, ISIN, Fintech Valley Vizag, CEO, Nature, JDC, Advisory board, Great-West Lifeco, Leadership, Financial adviser, Financial services

Summitas Gruppe aims to become a significant partner to high quality insurance brokers and provide access to a platform enabling organic growth, collaboration and modernization

Key Points: 
  • Summitas Gruppe aims to become a significant partner to high quality insurance brokers and provide access to a platform enabling organic growth, collaboration and modernization
    Wiesbaden, 21 October 2022 Bain Capital Insurance, Great-West Lifeco subsidiary Canada Life Irish Holding Company Limited and JDC Group have launched Summitas Gruppe (Summitas), their previously announced broker consolidation platform for the German and Austrian markets.
  • Marcus Nagel, former CEO of Zurich in Germany until early 2018 and now a Senior Advisor at Bain Capital Insurance, will be elected Chairman of the Advisory Board of Summitas Gruppe.
  • "We are delighted that Michael Schliephake will lead our effort in the German insurance brokerage market," says Chairman Marcus Nagel.
  • Summitas Gruppe was formed in the summer of 2022 as a joint venture of Bain Capital Insurance, Canada Life Irish Holding Company Limited, a subsidiary of Great-West Lifeco, and JDC Group AG.

Lloyds Banking Group (LBG) delivers its Innovation Sandbox

Retrieved on: 
Thursday, October 20, 2022
Fintech Valley Vizag, Financial technology, Industry, Group, LBG, Ecosystem, Lloyds Banking Group, CEO, Bank

LONDON, Oct. 20, 2022 /PRNewswire/ -- Lloyds Banking Group (LBG) has today announced the launch of its Innovation Sandbox with support from NayaOne .

Key Points: 
  • LONDON, Oct. 20, 2022 /PRNewswire/ -- Lloyds Banking Group (LBG) has today announced the launch of its Innovation Sandbox with support from NayaOne .
  • The Innovation Sandbox will accelerate Lloyds Banking Groups' collaboration with Fintechs and improve the digital products and services it offers to customers.
  • The Innovation Sandbox will increase the velocity of technology-led innovation in supporting LBG's growth strategy.
  • "We are extremely proud to be working with Lloyds Banking Group on their Innovation Sandbox.