News

Payouts Network today announced its collaboration with Visa, the world leader in digital payments, to give businesses new, faster ways to send money to workers, vendors and customers. Through this collaboration, Payouts Network is implementing Visa Direct, Visa’s real-time push payments platform. With Visa Direct, Payouts Network’s clients in the U.S. will be able to provide fast payout capabilities to their customers, with transactions routed and processed in near real time.

Point Predictive Inc., the San Diego-based company that provides artificial intelligence solutions to lenders, announced today its strategic partnership with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions. MeridianLink is integrating Point Predictive’s Artificial + Natural Intelligence™ solutions to provide MeridianLink customers with additional data to use in the loan underwriting process to increase operational efficiency and streamline the auto lending experience.

PeerNova, Inc. welcomes Mehmet Orun, CDMP, as the Senior Vice President of Product Management. Orun will be leading PeerNova’s product team as they continue to expand further and deliver the Cuneiform® Platform to their customers.

Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants and specialist in Uncleared Margin Rules (UMR) compliance, has just won the 2022 Risk Markets Technology Award for Best UMR Service of the Year.

MagicCube™, the startup that created the Software Defined Trust (SDT) category, today unveiled i-Accept Cloud™, the world's first open, cloud-based softPOS acceptance platform that simplifies the creation of new merchant payment acceptance and digital commerce solutions. i-Accept Cloud connects the currently siloed parties in the payments' acceptance chain—including acquiring banks, payments systems providers, and merchants—into a software-based, frictionless cloud model that is not tied to legacy hardware or bound by a specific device maker, its operational system, or payment card network. This allows different players to more easily create and manage their own payment acceptance networks.

Azimuth GRC, a compliance automation pioneer, today announced a strategic investment from Truist Ventures, the corporate venture capital division of Truist Financial Corporation (NYSE: TFC). The investment will be utilized to build and innovate the revolutionary regulatory compliance Azimuth GRC platform by growing the team, product suite and go-to-market efforts.

Cassini Systems, Ltd, a leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, today announced it has just completed a $20.5 million growth financing round led by Ten Coves Capital and joined by existing investor, Mosaik Partners. The company will use the proceeds to further accelerate its product development and global market expansion.