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PAYMENTS

Fraugsterand | February 15, 2022

Fraugster and Payaut have come together with a similar aim to provide prevention services to marketplaces. Fraugster is a German-Israeli payment intelligence company and collaborated with payout specialist, Payaut. The collaboration will enable marketplaces to access a wide range of fraud prevention, uplifted revenue, and compliance solutions. According to Digital Commerce 360, it was recorded in 2020 that marketplaces accounted for 62 percent of global online consumer sales. The ...

FINANCIAL MANAGEMENT

Avalara | August 09, 2022

Avalara, Inc., a leading provider of tax compliance automation for businesses of all sizes, today announced it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, in partnership with institutional co-investors. Under the terms of the agreement, Vista will acquire all outstanding shares of Avalara common stock for $...

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...

FINANCIAL MANAGEMENT, FINTECH

PRnewswire | March 24, 2023

Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, today announced the launch of Abrigo Small Business Lending Intelligence. This lending decision and monitoring engine is powered by Charm Solutions, a provider of AI technology that helps financial institutions unlock the full potential of their data, identify growth opportunities, optimize operations, and improve financial decisions. According to FFIEC call repo...