Month : June 2020

How the Travel Insurance Industry Is Reacting to COVID-19
Fintech InsurTech News

How the Travel Insurance Industry Is Reacting to COVID-19

Fintech News Desk
In response to travelers worldwide being impacted by COVID-19, travel insurance providers are already making policy changes to address new concerns and the future of travel. Travel insurance comparison site, Squaremouth.com, spoke with ten leading travel insurance providers to reveal four ways travel insurance is evolving because of COVID-19. Read......
Barclays US Consumer Bank to Support Communities Impacted by COVID-19
Banking Fintech News

Barclays US Consumer Bank to Support Communities Impacted by COVID-19

Fintech News Desk
Barclays US Consumer Bank announced support to the communities in which the bank operates to respond to hardships created by the COVID-19 pandemic. Assistance will be allocated to nonprofit organizations in Delaware, Nevada and Ohio that provide food, shelter and assistance to vulnerable populations, aid to first responders on the......
Remitly Names Saema Somalya as General Counsel, Expands Board Strength with Bora Chung Appointment
Fintech News

Remitly Launches ‘Cash Deposit’ for Passbook Customers

Fintech News Desk
Integration with Green Dot Expands Convenient Banking Access to Underbanked Immigrants at a Time When Many Need It Most Remitly, the largest independent digital remittance company in North America, today announced a partnership with financial technology leader and bank holding company Green Dot Corporation to launch Cash Deposit, a new......
Sheaff Brock Reviews Why Market is This Strong in Midst of Bad News
Fintech News

Sheaff Brock Reviews Why Market is This Strong in Midst of Bad News

Fintech News Desk
Registered Investment Advisory in Indianapolis Sheaff Brock Managing Director Dave Gilreath offers a possible reason why the market is this strong when news continues to be so bad. On March 23, 2020, two things happened. Per The Earnings Scout, the COVID-19 death “rate of change” peaked, with a steady descent following. At the same......
Bitcoin IRA™ Releases New Infographic on Bitcoin's Major Halving Event
Cryptocurrency Fintech News

Bitcoin IRA Releases New Infographic on Bitcoin’s Major Halving Event

Fintech News Desk
Bitcoin IRA, the world’s first, largest, and most secure digital asset IRA technology platform that allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts, has published a new infographic detailing Bitcoin’s third halving event—and in the aftermath what it could mean for investors. The Bitcoin halving,......
BondEvalue and Northern Trust Collaborate to Complete World’s First Blockchain-based Bond Trade
Fintech Investment Services News

Northern Trust Announces Alliance with BlackRock as Part of Whole Office Strategy

Fintech News Desk
As part of its continuing strategy to provide integrated products, services and technology across the entire investment lifecycle, Northern Trust has entered into a strategic alliance with BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. These new capabilities, delivered through Aladdin®, BlackRock’s investment management and operations......
InsureMyTrip Reports "Voucher Travel Insurance" On The Rise
Fintech InsurTech News

InsureMyTrip Reports “Voucher Travel Insurance” On The Rise

Fintech News Desk
With a surge of canceled trips due to the COVID-19 pandemic, InsureMyTrip anticipates higher demand for “voucher travel insurance”, once travel resumes. This week, the travel insurance comparison site has already reported an uptick in inquiries from voucher recipients seeking comprehensive travel insurance for future trips. “Right now, travel vouchers......
Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
DR Bank Helps Small Businesses Obtain Critical SBA Financing
Banking Business Fintech News

DR Bank Helps Small Businesses Obtain Critical SBA Financing

Fintech News Desk
DR Bank has been an active participant in the SBA’s Payroll Protection Program, assisting over 250 businesses in securing financing that will help them support payroll and other critical infrastructure expenses until they are able to resume normal operations.  This interim financing will preserve over 4,300 jobs. Read More: Abrigo......
AWS and HSBC Reach Long-Term Strategic Cloud Agreement
Banking Fintech News

HSBC Bank Partners With RateReset to Deliver Award-Winning Digital Mortgage Solution

Fintech News Desk
KNOCK KNOCK Platform Provides HSBC Customers with Speed and Simplicity HSBC Bank USA, N.A., (HSBC), part of the HSBC Group, one of the world’s largest banking and financial services organizations, announced it has partnered with RateReset to license its award-winning platform, KNOCK KNOCK. The platform, branded “EasyReset” for HSBC, allows......
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