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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Core connectivity and API providers CFM and NXTsoft merged, acquiring document workflow provider IMM and rebranding as Kinective. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alogent acquired document imaging and tracking solution provider AccuSystems.

Fintech 103
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China’s Bank Watchdog Goes After Supply Chain Finance Fraud

PYMNTS

The China Banking and Insurance Regulatory Commission (CBIRC) is introducing new measures that require banks and insurance companies to validate trade transaction and documents to combat the risk of fraud. Noah, however, claims that it had verified all documentation with JD.com. Technology, he said, is key to that endeavor. “As

Fraud 128
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Fintech Deals to Watch: Back to School

Gonzobanker

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects. Digital Engagement Had Great Attendance and Extracurriculars.

Fintech 195
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FinTech Sleek Lands $4M For Corporate Services Platform

PYMNTS

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. million documented foreign workers. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd.,

Fintech 151
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Wirecard Partners With India To Create Digital Taxpayer ID Cards

PYMNTS

Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) to facilitate the issuing of physical and digital taxpayer identification cards.

Cards 122
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CFPB announces consent order against fintech company engaged in origination and servicing of point-of-sale financing

CFPB Monitor

GreenSky partners with banks to offer a consumer financing and payments program in which GreenSky provides point-of-sale financial technology and payments technology, and performs origination and servicing activities. As a result, GreenSky sent the loan documents or shopping pass to the merchant instead of the consumer.

Company 78
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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder

PYMNTS

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area.

Bitcoin 144