Category: Doing Business Overseas

Inflation rates hit a 40-year high in June, and Americans are struggling to keep up with rising prices, according to published reports. With a potential recession on the horizon and no sign that prices will drop soon, it’s more important than ever for financial institutions to build trust with consumers. In fact, research from technology…

Payment platform Astra announced today that it will partner with Visa to enable faster funding to new accounts and allow users to move funds across accounts in real time with the Visa Direct money movement platform. Visa joins Plaid, Lithic, Unit, Rize and MX in partnering with Astra to fuel quicker transactions. The connection between…

Since Chief Executive Rick Bozzelli took the helm at Tab Bank in June, he has been focusing on its team, customers, partners — and automation. “As a digital bank we’ve centered around automated, positive experiences, account openings, data collections and better analytical tools for customer data that allows our customers to make better business decisions,”…

Jack Henry Acquired payments-as-a-service startup Payrailz. Jack Henry anticipates the acquisition will enhance its payments-as-a-service strategy and offer its 8,000 clients the ability to enable embedded finance. Financial details were not disclosed. Core banking provider Jack Henry & Associates has agreed to acquire digital payments startup Payrailz. Financial details of the acquisition, which is expected…

A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot. Finotta is a provider of embedded fintech for digital banking. Finotta’s Personified platform is a combination of products that help financial institutions better meet the needs of their customers. Features Personalized financial guidance…

A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot. Cable was founded in 2020 to provide automated assurance of financial crime controls, enabling real-time, continuous monitoring for regulatory breaches and control failures across all of a business’ accounts. Features Reduces remediation projects…

A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot. autologic was founded in 2021 and lets non-technical people build highly complex logic to power automated decisioning and digital experiences across any division of a financial services organization. Features Build complex rules &…

A look at the companies demoing at FinovateFall in New York on September 12 and 13. Register today and save your spot. ebankIT is an Omnichannel Banking Platform. This Finovate, ebankIT will demo new features, from crypto management to open banking, all while gathering user feedback. Features User Engagement Hub to transform FIs: Knowledge based…

Carried interest is the percentage of an investment’s gains that a fund manager takes as compensation. At most private equity/VC firms and hedge funds, the share of profits paid to managers is about 20%. Under existing US law, that money is taxed at a capital gains rate of 20% for top earners. That’s about half…