Articles with tag: financial infrastructure

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Divvy secures USD 165 mln investment

News | E-invoicing, SCF & E-procurement | 06 Jan 2021

US-based corporate spend management fintech startup Divvy has closed a USD 165 million round at a USD 1.6 billion valuation, according to Tech Crunch

Divvy, US, startup, fintech, investment, corporate spend management, corporate cards, financial infrastructure, expense management

Prime Trust rolls out proprietary core banking software for fractional assets

News | Payments General | 16 Nov 2020

Prime Trust, a B2B financial infrastructure platform and custody and settlement of alternative assets, has launched PrimeCore.

B2B financial infrastructure, custody, settlement, fintech, Prime Trust, PrimeCore, product launch, asset management platform

Prime Trust features Stellar as supported cryptocurrencies

News | Cryptocurrencies | 09 Oct 2020

API-enabled B2B open banking financial solutions provider Prime Trust has added Stellar Lumens (XLM) to its list of supported cryptocurrencies.

Prime Trust, Stellar, cryptocurrency, Stellar Lumens, XLM, API, B2B, open banking, financial institution, financial infrastructure, fintech, blockchain, crowdfunding, financial services

TrueLayer secures USD 25 mln in Series C round

News | Online & Mobile Banking | 21 Sep 2020

Financial infrastructure provider TrueLayer has announced it has secured an additional USD 25 million in funding, under its Series C.

TrueLayer, funding, financial infrastructure, Anthemis, Connect Ventures, Northzone, Temasek, UK, United Kingdom, payment institution, FCA, Financial Conduct Authority, account information, payment initiation, open banking, PSD2, France Italy Spain, Revolut, Nutmeg, Freetrade

Banking Circle introduces new solutions for payments transparency

News | Payments General | 09 Sep 2020

Financial infrastructure provider Banking Circle has introduced new Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solutions to tackle compliance and reconciliation issues.

Banking Circle, payments, financial infrastructure, payments on behalf of, POBO, collections on behalf of, COBO, compliance, reconciliation, B2B payments, banks, payments business, cashflow, financial institutions, SWIFT, FasterPayments, CHAPS, SEPA, local clearing

China's virtual Yuan DCEP System to be released in Hong Kong

News | Online & Mobile Banking | 14 Aug 2020

China’s virtual yuan (CBDC), also referred to as digital currency electronic payment (DCEP) has been announced for testing in Hong Kong’s Greater Bay Area in August 2020.

China, Hong Kong, virtual yuan, DCEP System, CBDC, Greater Bay Area, digital currency, digital currency electronic payment, Guangzhou, Shenzhen, Macau, financial centre, financial infrastructure, Guangdong, South China, international adoption, virtual banking system

Large European financial infrastructures join forces against cyber threats

News | Digital Identity, Security & Online Fraud | 02 Mar 2020

Large financial infrastructures in Europe have teamed up to share information to protect themselves against cyber risks.

financial infrastructures, Europe, cyber threats, cyber risks, cybercriminals, CIISI

JP Morgan Chase teams with Plaid for open banking

News | Payments General | 24 Oct 2018

US-based APIs for financial infrastructure provider Plaid has linked up with JP Morgan Chase to help the bank make a move toward open banking.

JP Morgan Chase, Plaid, open banking, open API, fintech, financial infrastructure, Goldman Sachs Investment Partners, Robinhood, Acorns, Venmo