Investment Supports Long-Term Equity Transition PRESS RELEASE -- WEST CONSHOHOCKEN, PENNSYLVANIA -- Rosemont Investment Group, LLC, a permanent capital investor in asset and wealth management firms, is pleased to announce the signing of a definitive agreement to acquire a minority equity interest in 1607 Capital Partners, LLC. Based in Richmond, Virginia, 1607...
Finance
6 Ways Financial Process Automation Improves Fintech Organizations
The term “Financial Process Automation” refers to making use of the latest technologies to streamline accounting and finance operations, helping to save time and to reduce labor and cost. As Fintech organizations focus on helping consumers and business owners manage their accounts and finances using specialized algorithms and software, they can...
Centage’s Ed Gromann to Present The Future of Finance at AFP SoCal Expo
PRESS RELEASE -- NATICK, MASSACHUSETTS – Centage Corporation (www.centage.com), leading provider of cloud financial software that transforms how businesses budget, forecast, analyze and report is excited to announce that its Chief of Staff and Strategic Initiatives, Ed Gromann, will be presenting “The Future of Finance: Where the Role of the CFO is...
Noodles and Company To Launch New Financial Wellness Resources – Including InstaPay – For Team Members
The newest addition to Life@Noodles benefits package will offer immediate pay, budgeting, and saving tools PRESS RELEASE -- BROOMFIELD, COLORADO -- Noodles & Company (NASDAQ: NDLS), known for serving noodle and Zoodle dishes from around the world, will roll out a suite of financial wellness tools from Even.com on September 25 to help...
TokenSoft Announces Security Token Support for Transfer Agents
PRESS RELEASE -- SAN FRANCISCO -- TokenSoft, Inc., a leading security token compliance and security platform backed by Coinbase, today announced the launch of its security token administrative panel, purpose-built for US Transfer Agents. TokenSoft clients will be able to select or partner with a Transfer Agent of their choice to...
Cockroach Labs Raises $55 Million in Series C Financing to Enable Cloud-Native, Global Applications and Services for Modern Enterprises
Led by Altimeter Capital, Tiger Global, and GV, new financing brings the company's total funding to $108.5M PRESS RELEASE -- NEW YORK -- Cockroach Labs, the company behind the leading enterprise-grade distributed SQL database CockroachDB, today announced $55 million in series C funding. The round is led by Altimeter Capital, Tiger Global, and existing...
Top 22 Mobile Banking Trends for 2020
Analytics from Juniper Research predicts that there will be two billion mobile banking users by 2020. Mobile users already exceed the number of stationary, desktop connections. In developing countries, the first banking experience for many is through a mobile device. There is a need to increase mobile banking security through better...
Salaryo Raises $5.5 Million to Finance Coworking Memberships
Techstars-backed startup to expand digital lending service for tenants of WeWork and other coworking office providers nationwide PRESS RELEASE -- NEW YORK -- Salaryo, a pioneering fin-tech platform for U.S. freelancers and startups, today announced it has raised $5.5 million in new funding from Ruby Ventures and Michael Ullmann's investment group,...
15 Ways Digital Banking Drives Revenue Growth
Increased use of smartphones and superior digital apps are driving the increase of digital banking. Digital banking is traditional banking activities and programs that customers were only able to do inside a bank are done online. Not only does digital banking drive revenue growth, but in our digital world, banks...
Lumi Wallet Expands Functionality; Users Can Buy Bitcoin with Credit Cards
PRESS RELEASE -- Lumi Wallet has expanded its functionality: now Lumi users can buy Bitcoin and Ethereum for USD and EUR. One of the most secure and anonymous wallets on the market has partnered with Simplex, to provide seamless risk-free transactions from a credit card to crypto wallet. How to purchase...
Finance
Nearly every significant sector has been drenched by the wave of technology, and the financial sector is no exception. Fintech, which stands for financial technologies, refers to technologies that are used and applied in the financial services sector. These technologies initially referred to those primarily used on the back end by financial institutions themselves, but in general, fintech represents all computer programs and other technology that is used to support or enable banking and financial services, whether personal or commercial.
Technology has helped forecast future financial changes to businesses and the consumers. It has also offered solutions to create a global currency, assisted in establishing efficient payment systems, and upended workflow and processes in the financial services industry. Technology affects almost every financial activity, from banking to payments to investing and wealth management. Almost everyone is using fintech, and those users can be placed in four broad categories: (1) business-to-business (B2B) for banks, and (2) their business clients; (3) business-to-consumer (B2C) for small businesses, and (4) consumers. No one knows what the future holds, but trends point towards an increase in mobile banking, financial information and data, more accurate analytics which will create an abundance of opportunities for all fintech users to interact in groundbreaking ways.
Finance Technology – News, Events, and Future Trends to Follow
For the most recent details on new technology in financial services, TechFunnel.com is your up-to-the-minute source. We are dedicated to reporting on the latest fintech trends, technology used in finance, as well as technology in finance industry. Our team of writers, editors, and creators provide in-depth analysis of the latest fintech trends, insightful fintech news articles, and enagaging video content surrounding financial technology trends. From whose raising capital to whose hiring new CFOs, TechFunnel.com keeps you informed about what’s happening at the top finance companies and fintech companies.
Whether you’re looking for the latest finance technology news, fintech articles, financial literacy news, retail banking news, investment news, cryptocurrency market news, opinion pieces, analysis on how financial technology impacts business, finance technology videos, events, and features – TechFunnel.com has you covered.