Category: Doing Business Overseas

Matt Carbonara, managing director at Citi Ventures, will join the roster of speakers at Bank Automation Summit Fall 2022 to discuss what is next in banking technology. Matt Carbonara, managing director, Citi Ventures The panel, “RPA & Beyond: Investors on what’s next in banking technology,” will focus on the current state of investments and where…

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week – which is of course a summer holiday week, hence less news flow than usual.  1  Pulian Software: winning bid for China Bond XBRL Xinpi Reporting Platform Securities Times e Company News,…

With a little over a month to go before FinovateFall 2022 in New York City, our agenda for the autumn event is still being finalized. But there are a few highlights we can share with you this week to further whet your appetite for the fintech feast to come on September 12 through September 14.…

Global investment firm Vista Equity Partners announced Monday its plans to acquire tax compliance automation provider Avalara for $8.4 billion. Through the deal, which was unanimously approved by Avalara’s board of directors, Vista will acquire all of Avalara’s outstanding shares of common stock for $93.50 per share in an all-cash transaction, according to an Avalara…

This is my hundredth post since I started publishing on dailyfintech. And what better way to endorse the thriving insurtech space than to take a closer look at the top 100 globally that have raised capital, accelerated growth and impacted the digital transformation of the insurance industry. In sifting through various available top 100 lists…

Financial institutions including TD Bank and Bank of America are looking to universities to fill technology roles, providing on-the-job training and eventual job placement for college students. The $1.4 trillion TD Bank, for one, launched a new technology hub at Nova Southeastern University in Fort Lauderdale, Fla., in April to tap into its ongoing relationship…

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Western Union is bolstering its partnership with Visa by expanding its integration with Visa Direct. Visa Direct is Visa’s real-time money movement network. The expansion will bring Visa Direct to Western Union’s U.S. clients, enabling them to send money in near-real-time to Visa debit cards in Colombia, El Salvador, Jamaica, Romania, and Thailand. Money transfer…

The $613 million Citizens National Bank, a community bank in Somerset, Ky., was among seven banks to implement Jack Henry’s Banno digital banking platform in June, according to an FI Navigator report provided to Bank Automation News. The other six financial institutions include: $300 million Town and Country Bank, based in Las Vegas; $225 million…

Here is our pick of the 3 most important stablecoin stories during the week. Are Stablecoins signalling the next bull run! Are we at the bottom and going forward there are reasonable prospects of some upside?  Maybe stablecoins are a useful signal? The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic…