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PAYMENTS

daVinci Payments, North lane | December 10, 2020

daVinci Payments and North Lane Technologies, today reported they have completed their merger, formally making a high-development, premier payment company with inventive technology and solutions. The joined organizations currently operate under the brand umbrella of Syncapay, through a holding company framed along with another lion's share value investment from reserves prompted by Centerbridge Partners, L.P, a leading private investment management firm with broad experience in supporting de...

Wall Street | January 28, 2020

The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to contain the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. Preside...

FINTECH

Broadridge | May 12, 2021

According to a recent whitepaper published today by global Fintech pioneer Broadridge Financial Solutions, Inc., as the financial services industry faces the new challenges of a post-pandemic world, many companies are starting to turn toward mutualization frameworks for their technologies and operations (NYSE:BR). Mutualization is a process in which members achieve faster access to emerging technology, scalability, and resiliency by saving time, resources, and expense by sharing the advantages o...

CORE BANKING

Five Degrees,Swishfund | May 17, 2021

Five Degrees is excited to introduce Swishfund as the first client on °neo, its latest cloud based central banking network. Fintech Swishfund was created in 2016 and offers direct lending products to SME companies in the Netherlands and the United Kingdom. Swishfund will move its current customer base to °neo in order to concentrate on growing its market. Swishfund CEO Jeroen Sonsma says, "At Swishfund, our goal is to provide business lending products in an extremely ...