In a significant move to bolster its offerings of fintech solutions, CSI, a respected American provider of financial software, has acquired Velocity Solutions, a company well-regarded for its advanced account management and deposit solutions. This acquisition marks a decisive step in CSI's strategy
Technological advancements have continuously reshaped various industries, and the financial services sector is no exception. As fintech solutions and artificial intelligence (AI) find their footing in this space, they are driving unprecedented transformation, from enhancing operational efficiency
Optalitix, a pioneering company specializing in insurance and finance software, recently secured $3 million in a follow-on fundraising round led by their existing investor, Calculus Capital. Additional participation came from 24 Haymarket and other investors, bringing Optalitix's total funding to
Finally, a fintech powerhouse based in Florida, has recently made headlines with its $200 million funding success. This significant capital boost, garnering $50 million in Series B equity from PeakSpan Capital and a $150 million credit facility from Encina Private Credit, signals an exciting
In the ever-evolving landscape of the North American insurance sector, technological innovation is not just an advantage but a necessity. Sapiens International Corporation is making significant strides with the launch of the latest version of its CoreSuite for Property & Casualty (P&C). This
The recent developments within the realm of financial technology, or fintech, highlight significant strides made by some of the industry's key players. The focus of this article centers around ABN Amro's recent implementations of nCino’s cloud banking platform and CBA's IBAS TDD software, signaling
