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Financial Software Firm OpenFin Raises $17M

PYMNTS

led round, financial services software startup firm OpenFin notched $17 million in funding. It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. In a Wells Fargo & Co.-led Reuters reported.

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Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

As a result, companies can reduce the complexity of their digital invoice management at scale. Businesses can also harness flexible application programming interface (API) integrations or file uploads to reduce interruptions to existing procedures in enterprise resource planning software (ERP) and other financial technologies.

Taxes 163
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Fiserv Simplifies Cash Management In Smart Safes

PYMNTS

Fiserv , a financial technology company, has partnered with cash solutions company NationalLink to simplify cash management for users, the company said in a press release. NationalLink will use a financial services technology called CorPoint, which is a cash supply chain management software.

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Nucleus Software Adds Trade Finance Tech To FI Offerings

PYMNTS

Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has integrated more features into its offering to expand its clients’ trade finance capabilities. The FinnAxia 5.0 The FinnAxia 5.0

Software 122
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Mitek Systems Rejects Offer From Elliott Management, ASG Technologies

PYMNTS

Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company. ASG is aiming to expand its offering of software products for banks via an acquisition of Mitek.

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Today In B2B: Corporate M&A Tech Gets Creative; BBVA Enhances Expense Management

PYMNTS

Today in B2B payments, corporate acquirers get creative with technology in a pandemic world, while BBVA upgrades its expense management offering. Plus, Sleek raises $4 million, JAGGAER upgrades its treasury management tool and AWS teams with Orange Business Services to accelerate corporates' digital cloud migrations.

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How Financial Technology Partners can Help with Customer Acquisition Campaigns

FICO

For many of these smaller players a partnership approach can be beneficial by leveraging resources and solutions made available through a technology partner. In general, the latest software solutions are expensive and in many cases beyond the reach of organizations of this size, which is where a technology partner can help.