Fintech | Jotup

BankTech Ventures Invests $13.5M in New Fintechs

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Wednesday, October 18, 2023

Banking, Fintech, Professional Services, Finance, Data analysis, SAFE, Big data, Vero Technologies Ltd, Information technology, Ecosystem, AI, Investment, Series A round, Automation, Bank, Security (finance)

BankTech has invested over $40 million in companies that have been specifically selected due to their work with community banks.

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BankTech has invested over $40 million in companies that have been specifically selected due to their work with community banks.
$2.5M in Vero Technologies' Series A Round: BankTech led Vero Technologies' Series A funding round, which raised $8.5 million in total.
$5M in BillGo's Series B Round: BankTech participated in BillGo's Series B extension funding round, which successfully raised $37 million.
“Our mission at BankTech is to better connect fintechs and the community banking industry and we’ve built a team and ecosystem to facilitate this,” said Carey Ransom , Managing Director at BankTech Ventures.

Rapid Finance Announces From Money20/20 USA That its AI- and ML-Ready Lynx Platform is now Available on Microsoft’s Azure Marketplace

Retrieved on:

Monday, October 23, 2023

Rapid Finance customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Key Points:

Rapid Finance customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.
In today’s market, financial institutions recognize data as a critical asset that can be leveraged to better understand customers through data maturity.
The challenge is that many enterprises are awash with financing application data, while struggling to extract its meaningful value.
Built with a modular, cloud-native, API-based design, Lynx quickly and easily integrates with enterprise partners’ existing systems and workflows.

Turkish Invoice Financing Platform Figopara Turns to Provenir’s Risk Decisioning Capabilities to Fuel its International Growth

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Thursday, October 19, 2023

Technology, Finance, Fintech, Banking, Accounting, Professional Services, Software, Data Management, Artificial Intelligence, SME, Algorithm, Risk management, Database, Risk, Partnership, Risk assessment, Machine learning, Renewable energy, Retail

Provenir , a global leader in AI-powered risk decisioning software, today announced that Figopara , an online marketplace for invoice financing, has selected the Provenir AI-Powered Risk Decisioning platform to automate decisioning and accelerate its global expansion.

Key Points:

Provenir , a global leader in AI-powered risk decisioning software, today announced that Figopara , an online marketplace for invoice financing, has selected the Provenir AI-Powered Risk Decisioning platform to automate decisioning and accelerate its global expansion.
Figopara stands at the intersection of cutting-edge fintech innovation and deep domain expertise in supply chain financing and SME lending.
With an expansive database cultivated over years of operation in Istanbul’s fast-growing fintech ecosystem, the company provides robust solutions for businesses across various sectors.
Figopara has significant international expansion plans and its risk assessment models needed to scale and adapt to new markets and regulatory environments seamlessly.

OKX President Hong Fang to Speak at Money20/20 in Las Vegas

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Monday, October 23, 2023

Crypto, Fintech, Disney's Venetian Resort, Off the record, Record, OKX, Cryptocurrency

LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- OKX , a leading global Web3 technology company and crypto exchange, today announced that its President, Hong Fang, will speak at the Money20/20 conference in Las Vegas on October 23.

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LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- OKX , a leading global Web3 technology company and crypto exchange, today announced that its President, Hong Fang, will speak at the Money20/20 conference in Las Vegas on October 23.
Hong will participate in a fireside chat titled "Navigating the Crypto Bulls and Bears" at 2:00 pm (PT) at the event's 'Off the Record' stage.
OKX President Hong Fang said: "I look forward to joining this timely conversation at Money20/20 and sharing lessons we have learned after nearly a decade in crypto.
The conference will take place from October 23-26 at The Venetian Resort in Las Vegas.

Black Dragon Capital℠ partners with CU 2.0 on the intersection Credit Unions and Technology

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Monday, October 23, 2023

Black Dragon, BOCA, Bethpage, Fintech, Credit union, CU, Partnership, BDC, Movement, Investment, BECU, Bank

BOCA RATON, Fla., Oct. 23, 2023 /PRNewswire/ -- Black Dragon Capital℠ ("BDC," "Black Dragon"), a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has announced its new strategic partnership with recognized credit union strategic advisory firm CU 2.0 aimed at empowering Credit Unions as they navigate digital transformation.

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Committed to growing credit unions, CU 2.0 thrives at the intersection of technology, strategy, and success.
CU 2.0 partners with FinTechs, enhancing their fit with credit unions, and offers credit unions the tools and opportunities they need to excel.
"Our collaboration with Black Dragon Capital isn't just about investments; it's about transforming the credit union landscape with pioneering technology.
"CU 2.0 have established themselves as credible thought leaders on the digital transition for credit unions and the technology they'll need to succeed.

TodayPay Launches Innovative Payment Solution

Retrieved on:

Monday, October 23, 2023

LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- TodayPay Inc. emerged from stealth mode today at Money 20/20 in Las Vegas, to unveil the world's first faster payment technology solution helping merchants offer their customers instant refunds in multiple payment choices. TodayPay is a technology company pioneering a new category in payments called Refunds as a Service™ – an entire suite of alternative refund solutions for merchants to Refund Now Pay Later™ and offer Better Refund™ choices for consumers.

Key Points:

LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- TodayPay Inc. emerged from stealth mode today at Money 20/20 in Las Vegas, to unveil the world's first faster payment technology solution helping merchants offer their customers instant refunds in multiple payment choices.
"I built TodayPay because I've seen firsthand how the speed of a payment can change somebody's life," said Balkin.
TodayPay decouples the refund, which is a payment solution, from the return, which is a logistics problem.
– Matias Lancewicki, Founder & CEO Ezri
"TodayPay is revolutionizing the refunds industry and GrailPay is honored to power the bank payment and financing infrastructure for TodayPay.

Socure Launches Industry's Preeminent First-Party Fraud Solution and Consortium, Joined by Founding Members SoFi, Green Dot, Varo, Ingo, Dave and Public, amongst others

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Monday, October 23, 2023

Insights Network, Fintech, Elusive, Research, SoFi, Risk, Confusion, BNPL, Friction, Safety, Audit, Cryptocurrency, Online shopping

INCLINE VILLAGE, Nev., Oct. 23, 2023 /PRNewswire/ -- Socure, the leading provider of digital identity verification and fraud solutions, today introduced its first-party fraud solution, Sigma First-Party Fraud, powered by the concurrent launch of its First-Party Fraud Consortium (FPFC). The first-of-its-kind consortium is unifying companies to tackle the complicated, multi-industry issue of first-party fraud by pooling data and insights, which allow its partners to detect and prevent fraud before it takes hold.

Key Points:

First-party fraud is committed by individuals who use their own identity to perpetrate dishonest acts for financial gain.
The use of their own identities—with accurate credentials—makes first-party fraud much harder to prevent than identity fraud associated with stolen, manipulated or fabricated synthetic identities.
To learn more about Sigma First-Party Fraud and the First-Party Fraud Consortium, visit Socure's website .
To download Socure's report, Socure Risk Insights: Defining and Solving the Elusive Challenge of First-Party Fraud, click here .

Register to Attend Silicon Valley Accelerator Pitch Session for Black Owned Businesses

Retrieved on:

Monday, October 23, 2023

SANTA CLARA, Calif., Oct. 23, 2023 /PRNewswire-PRWeb/ -- On Thursday the 26th of October 2023, the Accelerating Black Leadership and Entrepreneurship (ABLE) program, a Black business accelerator organized by the African Diaspora Network (ADN), will host a pitch session and graduation ceremony for the third cohort of the ABLE program in Santa Clara, California.

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The African Diaspora Network invites journalists and supporters of Black-Owned Businesses to attend the third pitch session and graduation ceremony for its accelerator program for Black entrepreneurs building innovative and impact-driven enterprises.
Almaz Negash, Founder and Executive Director of ADN
Accelerating Black Leadership and Entrepreneurship (ABLE) is an enterprise accelerator program designed to strengthen, energize, and support startups and small businesses led by Black entrepreneurs in the United States.
ADN invites members of the press, journalists, investors, and supporters of Black-owned businesses to attend the in person ABLE pitch session and graduation ceremony by registering here , or join virtually here .
Other funders of ABLE include Makahama Foundation, Silicon Valley Community Foundation, California Black Freedom Fund, the County of Santa Clara, KLA Foundation, and Black Rock.

Tokyo Stock Exchange CONNEQTOR Launches Direct Connection with Broadridge's Xilix Execution Management System

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Monday, October 23, 2023

RFQ, Transaction cost analysis, NYSE, Tokyo Stock Exchange, ETF, Broadridge Financial Solutions, Multimedia, Senior, Great Places, TSE, EMS, S&P, Financial quote, Partnership, Workflow, Cryptocurrency, Bank, Fintech

TOKYO, Oct. 23, 2023 /PRNewswire/ -- Tokyo Stock Exchange, Inc. (TSE) and global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR) are pleased to announce the launch of the direct connection between CONNEQTOR, TSE's platform for trading exchange traded funds (ETFs) and Xilix, Broadridge's execution management system (EMS).

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TOKYO, Oct. 23, 2023 /PRNewswire/ -- Tokyo Stock Exchange, Inc. (TSE) and global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR) are pleased to announce the launch of the direct connection between CONNEQTOR, TSE's platform for trading exchange traded funds (ETFs) and Xilix, Broadridge's execution management system (EMS).
This direct connection will enable asset management companies, such as Sumitomo Mitsui DS Asset Management Co., Ltd. , to use CONNEQTOR directly from Xilix, providing more advanced and efficient processes.
"We are thrilled to strengthen our partnership with Tokyo Stock Exchange and jointly deliver our Xilix platform for trading ETFs using CONNEQTOR," said Raymond Tierney, President, Broadridge Trading and Connectivity Solutions.
With the launch of this direct connection with Xilix, order data traders enter into Xilix can be sent directly to CONNEQTOR.

Dragonfly Financial Technologies Adds FedNow Payments to Digital Composable Banking Solution

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Monday, October 23, 2023

Online, Stanford University Online High School, TechJect Dragonfly UAV, Fintech, Federal Reserve, Treasury, Federal, GDP, Dragonfly, Cryptocurrency

ATLANTA, Oct. 23, 2023 /PRNewswire/ -- Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, today launched FedNow Payments, which gives banks the ability to use the recently deployed FedNowÒ Service. Launched in late July 2023, the FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows financial institutions of every size across the U.S. to provide safe and efficient instant payment services. Dragonfly's FedNow Payments is a standalone solution that can be added to any bank's digital offering.

Key Points:

ATLANTA, Oct. 23, 2023 /PRNewswire/ -- Dragonfly Financial Technologies Corp ., a digital banking and treasury management FinTech, today launched FedNow Payments, which gives banks the ability to use the recently deployed FedNowÒ Service .
Dragonfly's FedNow Payments is a standalone solution that can be added to any bank's digital offering.
Dragonfly's FedNow Payments will also be added to its industry-leading Universal Online Banking platform - the only composable banking platform on the market purpose-built for today's digital and embedded business banking needs.
FedNow Payments is a payments option available in each composable banking deployment: Dragonfly Digital, Dragonfly as a Service and Dragonfly Embedded Banking.