Financial technology

Paragon Data Labs Secures Angel Investment and Forms Strategic Advisory Council

Retrieved on: 
Monday, February 8, 2021

Paragon Data Labs (PDL), the creators of Compliance Administration & Tracking (CAT), a cloud-based enterprise compliance platform, is pleased to announce its first round of angel investors and the formation of its strategic advisory council, comprised of fintech pioneers and distinguished industry leaders.

Key Points: 
  • Paragon Data Labs (PDL), the creators of Compliance Administration & Tracking (CAT), a cloud-based enterprise compliance platform, is pleased to announce its first round of angel investors and the formation of its strategic advisory council, comprised of fintech pioneers and distinguished industry leaders.
  • With the immense support of the members of our strategic advisory council and their angel investments, we have the capital, knowledge and technology to make our vision the industry standard in employee compliance a modernization that is long overdue, said Jefferson Mitchell, Co-Founder and CEO of Paragon Data Labs.
  • The innovative venture has attracted support from an accomplished and ingenious group of angel investors who will also serve as a strategic advisory council to accelerate PDLs growth.
  • CAT is a cloud-based enterprise software platform developed and serviced by Paragon Data Labs to streamline employee compliance for financial services firms.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Qiwi Plc and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, February 6, 2021

Investors have until February 9, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until February 9, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Qiwi together with its subsidiaries, purports to operate electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally.
  • On this news, Qiwis ADS price fell $2.80 per share, or 20.6%, to close at $10.79 per share on December 10, 2020.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Steven Maijoor delivers keynote speech at Conference on FinTech and Regulation

Retrieved on: 
Saturday, February 6, 2021

ESMA Chair, Steven Maijoor, addressed today senior policymakers and industry at the 5th Annual Conference on FinTech and Regulation: New Challenges and New Solutions.

Key Points: 
  • ESMA Chair, Steven Maijoor, addressed today senior policymakers and industry at the 5th Annual Conference on FinTech and Regulation: New Challenges and New Solutions.
  • His speech touched upon: digitalisation: risks and opportunities; accelerating trends; and safe navigation.
  • The Covid-19 pandemic and ensuing of public health measures have accelerated the trend towards digital finance.
  • Businesses must continue to reinvent themselves and authorities will need to coordinate their policy response.

Steven Maijoor delivers keynote speech at Conference on FinTech and Regulation

Retrieved on: 
Friday, February 5, 2021

ESMA Chair, Steven Maijoor, addressed today senior policymakers and industry at the 5th Annual Conference on FinTech and Regulation: New Challenges and New Solutions.

Key Points: 
  • ESMA Chair, Steven Maijoor, addressed today senior policymakers and industry at the 5th Annual Conference on FinTech and Regulation: New Challenges and New Solutions.
  • His speech touched upon: digitalisation: risks and opportunities; accelerating trends; and safe navigation.
  • The Covid-19 pandemic and ensuing of public health measures have accelerated the trend towards digital finance.
  • Businesses must continue to reinvent themselves and authorities will need to coordinate their policy response.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Qiwi Plc (QIWI)

Retrieved on: 
Friday, February 5, 2021

The Law Offices of Frank R. Cruz reminds investors of the upcoming February 9, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Qiwi Plc (Qiwi or the Company) (NASDAQ: QIWI ) securities between March 28, 2019 and December 9, 2020, inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming February 9, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Qiwi Plc (Qiwi or the Company) (NASDAQ: QIWI ) securities between March 28, 2019 and December 9, 2020, inclusive (the Class Period).
  • On December 10, 2020, the Company issued a press release entitled QIWI (QIWI) Fined by Bank of Russia, Restricts Operations.
  • If you purchased or otherwise acquired Qiwi securities during the Class Period, you may move the Court no later than February 9, 2021 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Nominations Open for the WealthManagement.com 2021 Industry Awards

Retrieved on: 
Friday, February 5, 2021

Annual awards program is expanded to recognize new andemerging fintech categories, strides in diversity and inclusion, andoutstanding achievements by industry executives

Key Points: 
  • Annual awards program is expanded to recognize new andemerging fintech categories, strides in diversity and inclusion, andoutstanding achievements by industry executives
    NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) -- WealthManagement.com, the leading digital resource for wealth management professionals, has announced the call for nominations for the 2021 Industry Awards.
  • Nominations for the 2021 Industry Awards close mid-April and finalists will be announced on June 1st.
  • Our new Diversity, Equity and Inclusion Awards recognize the outstanding initiatives that are driving this needed transformation of the industry.
  • For more information about the 2021 Industry Awards, visit our event site.

Global Mobile Payments Markets, 2021-2026: Technology, Location, Device Type, Payment Type, User Type, and Purchases by Industry Vertical - ResearchAndMarkets.com

Retrieved on: 
Friday, February 5, 2021

The "Mobile Payments Market by Technology, Location, Device Type, Payment Type (Banking, Merchant, and P2P), User Type (Banked, Unbanked, and Underbanked), and Purchases by Industry Vertical 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mobile Payments Market by Technology, Location, Device Type, Payment Type (Banking, Merchant, and P2P), User Type (Banked, Unbanked, and Underbanked), and Purchases by Industry Vertical 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
  • This report evaluates leading mobile payment companies, strategies, and provides a market outlook with forecasts for 2021 - 2021.
  • This includes analysis by technology, payment location, device type, payment type, and industry vertical.
  • The use of a mobile phone and other untethered devices to conduct commerce is a natural extension of the online commerce evolution.

GSD Venture Studios Selects XCOOP for Global Expansion

Retrieved on: 
Thursday, February 4, 2021

SILICON VALLEY, Calif., Feb. 4, 2021 /PRNewswire/ -- XCOOP, signed a joint venture with GSD Venture Studios, to accelerate global expansion of this fintech born in Latin America.

Key Points: 
  • SILICON VALLEY, Calif., Feb. 4, 2021 /PRNewswire/ -- XCOOP, signed a joint venture with GSD Venture Studios, to accelerate global expansion of this fintech born in Latin America.
  • This agreement ensures that Fowler and Distenfield will take an active role and will assume executive positions in XCOOP Global as chairman of the board and CRO to carry out the goals of global expansion and growth.
  • They have come this far with great effort and a lot of talent, something that we detected and can empower to take them to the next level," said Gary Fowler, GSD Venture Studios and the new chairman of XCOOP Global.
  • GSD Venture Studios creates innovative artificial intelligence companies that are pushing the limits on how emerging technologies are built and used.

TrueNorth and Codat Announce Partnership

Retrieved on: 
Thursday, February 4, 2021

TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs.

Key Points: 
  • TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs.
  • The partnership provides Codats FI clients with direct access to a software engineering implementation team to integrate Codats single API solution.
  • Pete Lord, CEO of Codat, said, We are excited to be partnering with TrueNorth to bring our single API solution to financial institutions of all sizes.
  • TrueNorth CEO and Co-Founder Alex Gonikman said, This partnership has strong synergies as our engineers know the Codat solution and can quickly facilitate the integration.

Trustmark Expands Sagent Partnership For 7 Years

Retrieved on: 
Thursday, February 4, 2021

Sagent , a fintech company modernizing mortgage and consumer loan servicing for Americas top banks and lenders, today announced a seven-year renewal and partnership expansion with Trustmark .

Key Points: 
  • Sagent , a fintech company modernizing mortgage and consumer loan servicing for Americas top banks and lenders, today announced a seven-year renewal and partnership expansion with Trustmark .
  • Trustmark offers a full breadth of financial products and services to cover any need a consumer might have for their life or their business, and they provide technology via smart fintech partnerships like Sagent.
  • Trustmark will build upon their long-established trust with their customers through continued use of two Sagent mortgage servicing platforms: LoanServ, a real-time system of record, and Account Connect, a servicer-branded, consumer-facing dashboard for homeowners.
  • Sagent powers the modern fintech experience we deliver to our consumers and teams, said Robert Parker, Mortgage Servicing Manager and Senior Vice President at Trustmark.