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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.

Software 134
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Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. 16) announcement. And companies can also decrease their business risk, while bolstering their governance, according to the announcement.

Taxes 163
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The Financial Technologies SMEs Aren’t Using

PYMNTS

Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

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FinTech, Cirdan Capital Selects Axia by Profile to advance their operations

Bobsguide

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

Capital 78
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Trulioo Adds Leigh Ramsden As New Chief Financial Officer

PYMNTS

Global identification verification company Trulioo has enlisted former Absolute Software executive Leigh Ramsden as its new chief financial officer, according to a press release emailed to PYMNTS. Ramsden was previously Absolute Software's interim chief financial officer.

Software 150
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CompatibL Shortlisted for the FTF News Technology Innovation Awards 2022

Bobsguide

CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Software Solution of the Year: CompatibL Risk Platform. Igor Tsitavets, CompatibL’s President and CEO, says: “We are honored to be shortlisted at this year’s FTF News Technology Innovation Awards.

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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

The total cost of payment acceptance is a combination of the cost of the actual payment services, the different payment methods, the technology a company needs to connect to those payment services, and the operational elements, such as financing, accounting, customer service and department.

Company 209