Remove 2014 Remove Financial Technology Remove Management
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7 Ways Instant Payments Impact Deposit Performance

South State Correspondent

In order to manage liquidity, banks, mainly publicly traded ones, should not only closely monitor these accounts but also take measures to limit account balance volatility. Competition will force most banks to adopt this technology to compete for treasury management and consumer primary account status.

Payments 195
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Ant Financial Debuts Technology Brand For FIs

PYMNTS

Ant Financial , the financial services unit of Alibaba , is rolling out a new brand to provide financial institutions (FIs) with support for digital transformation. The brand was announced at the 2018 Ant Technology Exploration Conference. In a press release issued Thursday (Sept.

Branding 174
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Nium Teams Up With Visa To Issue Credit Cards In Australia

PYMNTS

Nium , a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s FinTech Fast Track program. The company said in a prepared statement : “Currently, business owners rely on outdated card management systems as part of their corporate bank accounts.

Cards 134
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New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. Greenlight’s purpose-based mission of bringing financial literacy to families is massively impactful.” 24) it raised $215 million in Series C venture funding.

Atlanta 140
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Alt-Lending Conglomerate TruFin Lands $97M In IPO

PYMNTS

The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd., TruFin Chief Executive Officer Henry Kenner said, “The highly experienced management team at TruFin and our group companies are passionate about the opportunities to grow our niche lending businesses.

Lending 122
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Accenture Unveils FinTech Lab Startups, Billon Teams Up With FIS

PYMNTS

Europe’s Billon has signed a letter of intent with financial technology provider FIS to explore joint product development and sales opportunities for its corporate blockchain solutions. Billon’s mission is to civilize blockchain technology to solve the world’s financial and data management problems.”.

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JPMorgan Eyes Financial Inclusion In India

PYMNTS

JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures , the $9.5