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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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Cloud-based FI Software Provider nCino Goes Public

PYMNTS

Two weeks after nCino , the software provider for financial institutions (FIs), announced plans to go public , the North Carolina-based company is offering 7.6 Securities and Exchange Commission (SEC) on Tuesday (July 7), the stock is expected to be priced between $22.00 million shares of its stock. and $24.00 million. .

Software 140
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nCino To Go Public

PYMNTS

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Its stock would be listed on the NASDAQ Global Select Market under the “NCNO” ticker symbol. BofA Securities and Barclays are the managers for the proposed offering.

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Fear Climbs That Small Banks Are Taking On Too Much CRE Loan Risk

PYMNTS

You do hear talk in the market that some banks have become really aggressive on some deals.” Meanwhile, David Ellison, a portfolio manager specializing in financials at Hennessy funds, told the FT that assets at Bank of OZK have quadrupled since 2013, with most of it via real estate loans in southern U.S.

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Bitcoin Daily: Sygnum Crypto Firm To Seek Singapore Banking License; US Air Force Teams With Constellation Blockchain Firm

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The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia. “In

Bitcoin 101
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B2B Startups Welcome Another Unicorn With TripActions Funding

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It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158
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Digital Disruption Jumps To Top Of C-Suite’s 2019 Concerns

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In its 2019 Executive Perspectives on Top Risks survey, published last week, Protiviti surveyed 825 board members across industries and across geographic markets to understand how corporations today are preparing for the year ahead. Indeed, concerns over digital disruption and readiness are threaded throughout the top-1o list.