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

Bobsguide

The new non-executive board appointments are: • Thomas Chippas : Tom brings nearly 30 years of experience working for some of the world’s most sophisticated banks and financial technology businesses. He previously held senior positions at Bank of America, Deutsche Bank, Barclays, and Citi.

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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”. The release said AffiniPay is “consistently ranked among the fastest growing companies in America,” including by Austin Business Journal and the Inc.

Industry 130
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Top 5 Emerging Fintech Hotspots in 2018 [Page 1]

Bank Innovation

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

Panel members included Russ Waterhouse , EVP at The Clearing House; Mike Kresse , SVP card and money movement at FIS; Jane Larimer , CEO at Nacha; David Scola , chief executive, Americas and UK at SWIFT; and Jeremy Allaire , CEO at Circle. We've got a common messaging framework, this data rich environment where also we’re operating 24/7.

Payments 313
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Can’t Navigate The Moral And Ethical Implications Of AI? There’s An App For That

PYMNTS

Bank of America and Harvard University have collaborated on a new initiative designed to make the complex technologies behind artificial intelligence (AI) and machine learning (ML) more universally beneficial and accessible to the global workforce. A huge piece of this is my own workforce here at Bank of America.

America 161
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Rocket Internet Eyes AI, FinTech Investments

PYMNTS

Rocket Internet , the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Rocket Internet owns majority stakes in HelloFresh and Global Fashion Group. Sales were up 18 percent after excluding the impact of currency changes.

Fintech 122