Fundera

EVO Payments | April 01, 2020

US merchant acquirer EVO Payments has secured a $150 million equity injection to help it navigate through the Coronavirus pandemic. The investment came from funds associated with long-term partner Madison Dearborn, a private equity firm that has been a significant shareholder of the company since 2012. The proceeds will be used the strengthen EVO's balance sheet, pay down debt and to fund potential future investment opportunities. In a statement, the firm says: "EVO is closely monitorin...

Financial Management

FinConecta | March 17, 2021

To help financial institutions undergo smoother transition to open banking and drift towards a true API economy, FinConecta and Amazon Web Services launched the Open Finance Innovation Program today. With the Open Finance Innovation Program, financial institutions can address regulatory requirements, monetize APIs, launch latest offerings swiftly, and enhance the integration of third-party products through latest and corporate-level APIs. Alan Munoz, Fihogar General Manager...

PR Newswire | October 06, 2020

Broadridge Financial Solutions, Inc. A global Fintech leader, today announced that it selected 7 Chord, an independent predictive pricing and analytics provider, as the source for intraday corporate bond prices on its new artificial intelligence (AI)-driven, digital corporate bond trading platform, LTX®. Advanced analytics sit at the core of LTX, and the integration with BondDroid®, 7 Chord's award-winning predictive pricing engine for bonds, provides buy-side firms and d...

Core Banking, Fintech

Alkami, ABNB Federal Credit Union and BioCatch | September 01, 2022

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced its client, ABNB Federal Credit Union, has launched the BioCatch solution via the Alkami Platform to protect members from fraud attacks and cybercrime with state-of-the-art fraud mitigation technology. "The steady increase in mobile and online banking usage by our members over the past two years has led to a similar spike in ...