NovoPayment, a leading provider of embedded financial and payment infrastructure services, has recently secured $20 million in funding from Morgan Stanley Expansion Capital. This investment represents a crucial milestone for the US-headquartered company, which specializes in offering an extensive
Artificial intelligence is swiftly revolutionizing the financial services industry, offering unprecedented opportunities for efficiency, security, and enhanced customer satisfaction. With AI applications projected to save banks an estimated $447 billion by 2023, financial institutions are
Bitcoin has once again captured the global spotlight as its value surged past $88,000 per coin, marking a new all-time high and fueling widespread speculation about what lies ahead for the world's most prominent cryptocurrency. This unprecedented leap, driven significantly by a mix of
Banco de Crédito del Perú (BCP) has embarked on a massive technological leap by planning a $650 million investment in cloud modernization over the next five years. This strategic move involves partnering with tech giants Microsoft and Kyndryl to overhaul BCP’s internal systems using hybrid cloud tec
Decentralized Finance (DeFi) has revolutionized the financial sector by offering a peer-to-peer alternative to traditional financial intermediaries and transactions. As we move into 2024, several emerging trends and innovations are set to shape the future of DeFi, enhancing its usability,
Informatica, which trades on the New York Stock Exchange under the ticker symbol INFA, has announced a significant milestone with the pricing of a secondary public offering of its Class A common stock. In this move, 16 million shares held by funds associated with Permira and the Canada Pension Plan
Building societies have a storied history, originating in 1775 when Richard Ketley, the landlord of the Golden Cross Inn in Birmingham, founded the UK's first building society. These institutions were initially created to help working-class individuals save for homeownership. Over time, they
In the rapidly evolving landscape of business operations, data automation has emerged as a game-changer, particularly within the realm of Revenue Operations (RevOps). The sixth annual Data-Driven RevOps Awards, also known as the Driver Awards, recently celebrated the innovative strides made by
Banking-as-a-Service (BaaS) is undergoing a significant transformation, entering what industry insiders are calling a "responsible era." Over the past two years, the sector has experienced a dramatic decline in investor interest, falling from $1.9 billion in investments in 2021 to merely
In an era where technological advancements are reshaping every aspect of the financial sector, IBC Bank has embarked on a groundbreaking journey to revolutionize its commercial lending operations. Through a strategic partnership with Finanta, a leading financial technology solutions company, IBC
