Venture Connects

Fiserv | February 18, 2020

Fiserv has partnered with Visa, Samsung and PayCore to pilot the use of consumer-grade mobile phones as PIN-entry devices for merchant sales. Available via an app-based download to Samsung mobile handsets, the capability enables merchants to accept PIN-based contactless transactions without the need for a separate card reader or PIN-entry device. The so-called SoftPOS system uses the NFC functionality in a merchant's smartphone or tablet to let them accept payments from contactless cards as ...

CORE BANKING,FINANCIAL MANAGEMENT

FinTech Automation and Mastercard | August 08, 2022

FinTech Automation announces it has been selected as one of the technology partners for open banking within Mastercard’s Engage partner network. The Engage program has developed a network to provide businesses easy access to technology partners that can quickly build and deploy open banking solutions for payments and lending decisioning at scale. With the rapid adoption of open banking (i.e., consumer-permissioned data access) and digital tools across financial services expe...

Business Wire | September 25, 2020

Attunely Inc. A pioneer in deploying machine learning to maximize revenue recovery and enhance the consumer experience, today announced $9 million in financing. The new capital includes an earlier seed round as well as a Series A investment. Investors include: Framework Venture Partners, Anthos Capital, Vulcan Capital, and additional independent investors as well. Andrew Lugsdin, Partner at Framework Venture Partners, will join the Attunely Board of Directors. The funds will be used to expand th...

Wall Street | January 13, 2020

U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The S&P 500 index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the NASDAQ Composite up 33 points, or 0.4%. The Dow Jones gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure ...