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Denim, a fintech platform for freight brokers, raises $126M in equity and debt

TechCrunch

Vo was in the credit risk department at Barclays and a full-stack developer at Fintria, a fintech company, while Krishnamoorthy was an associate at several law firms including Gibson, Dunn & Crutcher. ” Denim competes with other fintech firms in the space, including TriumphPay, HaulPay and OTR Capital.

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Your IT infrastructure may be more outdated than you think

CIO

CEOs and CIOs appear to have conflicting views of the readiness of their organizations’ IT systems, with a large majority of chief executives worried about them being outdated, according to a report from IT services provider Kyndryl. But in conflict with CEO fears, 90% of IT leaders are confident their IT infrastructure is best in class.

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The fintech space continues to be competitive and drama-filled

TechCrunch

Every week, we’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s our job to stay on top of it — and make sense of it — so you can stay in the know. It becomes really complicated to set up all your financial systems on a country by country basis,” he added.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software. We want to add that depth in more markets, and Appruve gives some of that.”

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The future of data: A 5-pillar approach to modern data management

CIO

By modern, I refer to an engineering-driven methodology that fully capitalizes on automation and software engineering best practices. Every SQL query, script and data movement configuration must be treated as code, adhering to modern software development methodologies and following DevOps and SRE best practices.

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Alphabet’s CapitalG leads $40 million round in fintech Mantl

TechCrunch

So the company pivoted, based on the premise that most community banks and credit unions are critical to maintaining competition and equity in the United States’ financial system. . “At The company says its software also automates application decisioning for over 90% of cases while also reducing fraud by more than 60%.

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Fintech giants face uphill battle

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann. billion last year — would join the long list of fintech giants letting go of workers. Weekly News.

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