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Will AI Lead to Open Banking in North America?

Bank Innovation

EXCLUSIVE— As open banking sweeps through Europe with the launch of PSD2, GDPR, and other regulations focused on transparency, North American financial institutions might want to consider looking to blockchain or artificial intelligence for their own compliance challenges.

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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. billion, Bloomberg reported on Friday (Feb.

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Virtual, Mobile Payments Battle To Infiltrate Corporate America

PYMNTS

Corporate America seems to have let itself get out of hand in the omnichannel commerce and procurement space. At least, that’s what Conferma could argue, considering its most recent research on corporate expense management. This technology is tested, and people are prepared to rely on it,” he said. concluded Conferma.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month.

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SoFi’s Trading Volume Surges, User Base Nearly Triples

PYMNTS

The news comes as Samsung Electronics America, Inc. unveiled a new mobile-focused money management experience named Samsung Money by SoFi to assist users in handling their everyday finances per news in May. Users can opt for an individual or joint cash management account with the offering.

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TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Bobsguide

• New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth. LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth.

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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

Company Co-Founder and Partner Dana Settle told Bloomberg that Greycroft plans to use the fresh funds to invest in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses. Salesforce Ventures . The SPAC Attack.