American Express and Goldman Sachs collaborate to provide digital payment solutions LeapRate

October 21, 2021 BY Steffy Bogdanova

American Express and Goldman Sachs collaborate to provide digital payment solutions

American Express’ virtual Cards will be embedded into Goldman Sachs TxB platform, which already offers ACH, wire, and foreign currency payments. Hari Moorthy, Global Head of TxB at Goldman Sachs, added: We developed the Goldman Sachs TxB platform to provide our clients with a modern cash management platform that is digital, nimble, easy to use,…

Cornerstone appoints Robert O’Brien to lead new Dubai office

September 27, 2021 BY Steffy Bogdanova

Cornerstone expands in Dubai, appoints Robert O’Brien to lead new office

Julian Wheatland, Chief Executive Officer of Cornerstone, said: Dubai is a major destination for foreign investment in real estate, particularly with funds from Asia, and its appeal has been enhanced during the pandemic. Dubai also serves as a gateway to the Middle East, Africa and South Asia, making it an increasingly important centre for global…

September 20, 2021 BY Steffy Bogdanova

Deutsche Bank expands product range with Better Payment acquisition

Better Payment’s "online payment gateway" is offered as a "white label" solution to other companies including banks, financial service providers or SaaS. These companies then use it as an addition to their own product portfolio and offer the technology enhanced with their own services Deutsche Bank expects high growth rates over the coming years in…

August 18, 2021 BY Steffy Bogdanova

Amex and JP Morgan join Series D funding round for Plaid

Plaid also intends to bring in new products that will allow banks and fintech companies to connect more easily. This will provide the level of security that banks expect while also making sure that no functionality is removed. As the fintech landscape continues to move forward, new and innovative products are vital to the industry’s…

August 16, 2021 BY Steffy Bogdanova

Playtech’s Finalto relaunches its tech offering Finalto 360

Oksana Remez, Senior Business Development Executive, said: We have seen a big interest in our proprietary trading platform that offers single access point for trading all instruments as well as these immense capabilities to add many 3rd party trading tools, news, education, TV channels etc. The standalone trading solution Finalto Trade was split into a…

August 12, 2021 BY Steffy Bogdanova

Broadridge posts 10% revenue growth for the FY21 and 12% for the final quarter

Summary Financial Results Fourth Quarter Fiscal Year Dollars in millions, except per share data 2021 2020 Change 2021 2020 Change Recurring fee revenues $1,065 $930 15% $3,333 $3,036 10% Total revenues $1,532 $1,362 12% $4,994 $4,529 10% Operating income 281 299 (6%) 679 625 9% Margin 18.4% 21.9% 13.6% 13.8% Adjusted Operating income -…

August 03, 2021 BY Alan Sayer

ID verification firm GetID acquired by Checkin.com

The acquisition is all part of the growth strategy that Checkin.com has in place. By acquiring companies that can enhance its service or work in tandem with the service, it hopes to improve the quality of what it offers to customers. This is an attempt to increase revenue and hopefully increase the size of its…

July 27, 2021 BY Alan Sayer

$30 million investment secured by Paystone to accelerate growth

The tools that Paystone provides are also aimed towards businesses attempting to recover from any Covid-19 related issues. As contactless and online payment numbers have increased during the global pandemic, Paystone has attempted to provide businesses with the opportunity to continue trading by offering these services. Paystone believes taking on this additional investment will enable…

June 24, 2021 BY Steffy Bogdanova

Technology provider for Forex and CFD brokers EXINITI enters the market

Mohamed Rashad, CEO and founder of EXINITI commented: EXINITI was founded because there was a gap in the market in terms of technology related advancements and support for financial services. EXINITI provides everything a Forex and CFD brokerage requires to get set up correctly from day one. We have also perfected the solutions needed to…

May 24, 2021 BY Steffy Bogdanova

Fintech Plaid teams up with payments firm Square

Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…

Category: Fintech