Advisor Group

Fintech

Tonik | October 14, 2022

Tonik, the first neobank in the Philippines, claimed the honorable distinction as one of CB Insights' Top 250 most promising fintech companies worldwide. CB Insights, a business analytics platform and global database, releases annually their selection of the top 250 private fintech companies in the world. Selected from over 12,500 organizations, they are chosen based on factors such as funding, marketing potential, tech novelty, and CB Insights' proprietary mosaic scores, ...

Core Banking

CIBC | March 10, 2022

CIBC Innovation Banking is excited to announce that it will finance Dublin-based Phorest Salon Software (“Phorest with $12 million) to accelerate business growth. Phorest Salon Software is a leading online booking and management software provider for salon owners. Phorest will expand its market position and accelerate its strategic products with the help of capital. CIBC Innovation Banking has provided incredible support to our team at Phorest over the ...

Financial Management

Credit Human | March 28, 2022

Lumin Digital and Credit Human Federal Credit Union (Credit Human) announced that they had signed an agreement for Lumin Digital's cloud-native platform as an initiative to enhance its online and mobile digital banking services. Lumin Digital will support Credit Human's more than 200,000 members through the initiative once I will go live on its platform in September 2022. Lumin Digital is a PSCU company, whereas Credit Human is headquartered in San Antonio. Credit Human is...

Payments, Security and Compliance

Businesswire | April 17, 2023

Alacriti, a fintech company specializing in payments, announced today that it has partnered with Socure, the leading provider of digital identity verification and fraud solutions, to deliver third-party and synthetic identity fraud prevention for instant payments. “Faster payments deliver greater convenience and instant access to funds. Yet its growing adoption brings different fraud risks as organized criminal networks look to exploit its vulnerabilities,” emphasize...