Tag: fintech

Fiserv introduces AppMarket
April 27, 2022 BY Steffy Bogdanova

Fiserv announces AppMarket launch

David Albertazzi, Director, Retail Banking & Payments at Aite-Novarica Group, said: The efficacy of financial technology providers is now gauged not just by the strength of their individual solutions, but by the breadth and openness of the ecosystems they provide – by how easy they make it for clients to tap into an array of…

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Acquisition
January 05, 2022 BY Steffy Bogdanova

Redline Trading Solutions acquired by Pico

With steady investments in the software solutions provider, Redline’s service offering will be become fully and globally comprehensive. This will allow the company to deliver real-time and historical normalized financial market data including consolidated, delayed or end-of-day formats through wire protocol or API, available in available in Pico’s financial cloud. Pico’s clients will be able…

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Plaid funding
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…

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partnership
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…

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acquisition
February 10, 2021 BY Steffy Bogdanova

Fintech firm FDCTech to acquire Genesis Financial

Genesis operates its business mainly in the Asia-Pacific region through two Australian entities. The company reported consolidated revenue and EBITDA of USD 15.6 million and USD1.2 million, respectively for 2020.  With FDC's software development resources, Genesis is planning to expand in Australia's fragmented Independent Dealer Group business sector. FDC's Chief Executive Officer, Mitchell M. Eaglstein,…

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Australia
November 24, 2020 BY Steffy Bogdanova

National Stock Exchange of Australia trade acceptance services go live

The exchange plans to to promote DESS as a standalone alternative to CHESS and is now looking for regulatory and government cooperation to allow post-trade participants the choice between using DESS or CHESS as interoperable sub-register systems, via our proposal for a regulated “structural separation” of CHESS and ASX Clear functions. The DESS system will…

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