Category: Trade & Industry

Getting that signature on the contract is a great feeling reflecting weeks, months, or, sometimes, years of effort. However, this moment is only the beginning of the process of earning the confidence and realizing the mutual benefits for both parties. During the client onboarding process, you lay the foundation of trust with your customer, a crucial…

B2B payments and invoice networking operator TreviPay announced a partnership with B2B cashflow specialist Cloudfloat. The goal of the partnership is to help stimulate business opportunities for both companies. TreviPay serves the enterprise market. Cloudfloat specializes in serving small and medium-sized businesses. TreviPay made its Finovate debut last September at FinovateFall in New York. B2B…

Trulioo unveiled a new global identity verification platform this week. The new offering combines both individual and business verification with no-code workflow building, low-code integrations, and more into a single platform. A Finovate alums since 2014, Trulioo won Best of Show in its most recent Finovate appearance at FinovateEurope last March. Identity verification specialist Trulioo…

Moov landed $45 million to refine its API that creates a modern payment stack. Commerce Ventures led the round. Additional contributors include Andreessen Horowitz, Bain Capital Ventures, Visa, and Sorenson Ventures. Moov’s total funding now sits at $77.5 million. Modern money movement innovator Moov is going places. The Iowa-based company landed $45 million in a Series B financing…

Financial institutions are collecting, organizing and using client data and automation to help consumers navigate today’s rising interest rates. Banks can use that data to better understand clients and help them make “good financial decisions,” James White, industry principal for banking at fintech Total Expert, tells Bank Automation News in this episode of “The Buzz”…

Long considered a nuisance, distributed-denial-of-service attacks, or DDoS, are a growing problem for banks and other financial businesses, according to a new report. The volume of DDoS attacks targeting financial firms increased 22% year-over-year as of November, according to a new report first provided to Bloomberg News by the Financial Services Information Sharing and Analysis Center,…

Chris Tremont, chief digital officer at Grasshopper Bank, will join the panel discussion “Automation and the pursuit of efficiency: A frank discussion on cost/benefit” at the Bank Automation Summit U.S. 2023 on March 2, at 2:15 p.m. ET. Chris Tremont, chief digital officer, Grasshopper Bank View the full agenda for Bank Automation Summit U.S. 2023…

Americans are leaning on the use of digital banking and its associated tools to help feel financially resilient amid economic uncertainty.  Digital adoption has continued to grow, and the 46% of Americans who consider themselves financial experts rely more on digital tools now than they did in 2021, according to KeyBank’s “2023 Financial Mobility Survey.” …

Alex Cartoon London Daily Telegraph 5th. December 2022 A picture tells a  thousand words. The popular Alex cartoon which shines a light on banking practices and attitudes, this morning featured medium ranking investment banking executive Clive trying to influence his boss on the subject of his  bonus. He constructs a list of deals that he…

Credit Rating need reform: FCA I needed to think carefully to get my head around this one. Apparently the FCA think that the retail credit agencies in the UK have significant variances between the information they hold on borrowers. This would not be particularly important except that the major banks rely on the credit agencies…