The Federal Reserve Bank early next year will open the doors of its banks across the country to private banks and companies seeking insight on innovations in financial technology, with Atlanta hosting the first session Feb. 26. The Fed’s fintech “office hours” are designed to help companies gain insights into the banking regulator’s thinking on […]
Interview: Colombia’s Ambassador on Tech Ties With Atlanta, Optimism on Venezuela and Long-Term Peace Prospects
Editor’s note: The message at the Metro Atlanta Chamber from Colombian Ambassador Francisco Santos Tuesday was clear: the country of 50 million is not only open to American investment, but eagerly seeking more commercial engagement from its long-time military ally. In light of the U.S. trade spat with China, which he sees as a “technological […]
Global Payments to Buy Merchant Processing Business of Canada’s Desjardins Group
Atlanta-based Global Payments Inc. has agreed to buy the merchant payments business of Canada’s sixth largest financial institution. The terms of the deal with Quebec-based Desjardins Group were not disclosed; the companies expect the transaction to close next year after receiving regulatory approvals, the companies announced in an Oct. 31 news release. In addition to […]
Fleetcor’s Payments Tech to Be Installed on All New Nissans Made in Brazil
Atlanta-based fintech firm Fleetcor has landed a new automotive partnership that will deepen its already significant reach in Brazil. Each new Nissan made in the country will come with Fleetcor-owned Sem Parar’s RFID tags pre-installed, making it easier for customers to pay at toll booths, gas stations, parking decks and even McDonald’s restaurants with their […]
Big Data Firm’s Equifax Deal Could Drive Financial Inclusion Globally
Atlanta-based Urjanet has landed a global partnership with credit information provider Equifax Inc., a fellow Atlanta firm with 11,000 employees, that could help improve financial inclusion around the world. Urjanet is tied into 6,500 water, waste, power, gas, cable and telecom utilities in 47 countries, gaining access to their customers’ billing and payment history. Provided on-demand […]
Greenlight to Accelerate Financial Literacy Mission With $54M Investment
Tim Sheehan only has to look at his own household to see the global applications for the financial technology company he founded. Three of the Greenlight Financial CEO’s four children have used its accounts to kickstart savings toward study-abroad trips to Germany and Spain. Starting with the eldest, each raised $900 through odd jobs and […]
Fintech Event to Provide a Tale of Three Countries: U.S., Brazil and China
Atlanta’s financial technology preeminence largely resides in payment processing, but like the U.S. overall, companies here are working to catch up with the rest of the world when it comes to adopting new and seamless transaction technology. They’ll have a chance Sept. 26 to observe the payment patterns in two of the world’s biggest markets — […]
Q&A: How Atlanta’s Brightwell Serves the Financial Needs of Global Citizens
Editor’s note: The Netherlands-American Chamber of Commerce Southeast, based in Atlanta, publishes a monthly interview spotlighting one of its members. This month, the organization caught up with Maarten Van Der Putten, senior vice president for business development at Brightwell, a financial technology firm that helps mobile/global workers get paid and manage their finances. The company’s […]
Atlanta Fintech Firm Ebix Makes Largest India Buy Yet in Bid to Grow Travel Portfolio
Atlanta-based Ebix Inc. just made its biggest acquisition yet in a buying spree aimed at making the company’s Indian subsidiary into the top provider of exchanges for foreign currency and travel services. EbixCash announced in July the all-stock deal to acquire Yatra Online Inc. which operates one of India’s largest travel marketplaces at Yatra.com. Ebix paid the […]
Brazilian Market Key to Fleetcor’s Innovation, Growth Honors
FleetCor’s efforts to expand its payment offerings in Brazil have been key to honors stacking up for the growing Atlanta-based financial technology company. The continental South American nation has been a proving ground for new technologies acquired into the FleetCor portfolio, which is aiming in Brazil and beyond to diversify beyond its core product: commercial […]
