Cloud payments modernization specialist Volante Technologies raised $66 million in debt and equity financing. The round was led by Sixth Street Growth. Wavecrest...
SWIFT member banks must overcome major technology and business hurdles to upgrade their systems for ISO 20022 messaging requirements. The upcoming November adoption of ISO 20022 — a widely accepted standard for sending digital payment messages and data between financial institutions — and the rapid approach of services like FedNow and an ISO 20022-integrated Fedwire […]
The evolution of digital fintech has left in its wake a great challenge for the traditional financial service institutions – step up or get thrown out of business. Neobanks happen to be at the center of this rally for a high-end, digitally inclined banking experience. While some traditional financial institutions implement digital finance services systems, […]