Month : July 2020

Artificial Intelligence Fintech News

Camino Financial Raises Debt Funding to Support Latinx-and Undocumented-Owned Businesses Impacted by COVID-19

Fintech News Desk
The debt funding forms part of a broader Fintech COVID-19 Response Initiative led by impact investment fund Community Investment Management. Camino Financial, a Fintech that provides affordable loans to small businesses, announced raising debt funding to lend to underserved Latinx- and Undocumented-owned businesses in Colorado.  The debt funding will come......
Business Fintech News

New App e-gree Creates Legal Contracts for Anyone with a Smartphone

Fintech News Desk
From serious contracts, to simply putting a handshake in writing, e-gree protects and empowers the next generation of go-getters e-gree, a new app that allows anyone to quickly and easily build their own contracts with their own terms, launched globally today on the Apple App Store and Google Play Store.......
Business Fintech News

Village of Pelham, NY adds Passport Parking

Fintech News Desk
Drivers use cashless payment option to pay on the go and easily manage parking sessions The Village of Pelham announces the launch of Passport Parking, a digital application that allows parkers the option of paying with their smartphones as an additional option to the traditional “coin-only” choice. With Passport Parking,......
Banking Featured Fintech

Facial Recognition Technology – The Next Big Thing In Fintech?

Paroma Sen
DBS Now Allows Users to Sign Up for Digital Banking Services Using Face Identification Facial recognition technology is set to create a big impact on the gamut of fintech offerings and innovations. In July 2020, DBS announced that Singpass users will be able to sign up to access a range......
Business News

Bestpass Appoints Tom Fogarty as CEO

Fintech News Desk
Bestpass, the comprehensive payment platform provider that is the leader in toll management solutions for commercial fleets, today announced the appointment of Tom Fogarty as Chief Executive and to its Board of Directors. John Andrews will continue as President and Chief Strategy Officer, in addition to his appointment as the Chair of the......
Business Fintech News

43% of Americans Driven Into Debt Over Car Troubles

Fintech News Desk
A monthly auto loan payment is just a fraction of the true cost of car ownership. Drivers need to consider auto insurance, routine maintenance and gas, as well. But one aspect of car ownership can be much less predictable: car repairs. About 43% of Americans have gone into debt because......
MetaBank Joins U.S. Faster Payments Council
Banking Fintech News

MetaBank Joins U.S. Faster Payments Council

Fintech News Desk
MetaBank announced it has joined the U.S. Faster Payments Council (“FPC”). MetaBank, N.A. (“Meta”) is committed to leading the enablement of payments technology, and this announcement marks its latest expansion within the faster payments space. Meta is a federally chartered bank, a subsidiary of Meta Financial Group,  and a leader......
LeaseAccelerator Launches EZLease Application
Fintech News

LeaseAccelerator Launches EZLease Application

Fintech News Desk
The easiest and fastest way to comply with FASB 842, GASB 87, and IFRS 16 lease accounting standards(LeaseAccelerator) LeaseAccelerator, the leader in the Lease Lifecycle Automation (LLA) software market, announced the addition of EZLease, an automated lease calculator for rapid, low-cost compliance. Read More: A Quick Review on Some of......
Business Fintech News

FACTS Partners With Global Payments Provider MTFX by Way of PayMyTuition

Fintech News Desk
FACTS, a division of Nelnet, (NYSE: NNI), will be enhancing international tuition payment options for K-12 schools within its platform as part of a new partnership with MTFX Group’s innovative international payments solution for education, PayMyTuition. Read More: GlobalFintechSeries Interview with Brandon Dewitt, Co-founder and CTO at MX “FACTS has linked to......
CoinShares Joins Blockstream's Liquid Network
Capital Markets Fintech News Trading

CoinShares Joins Blockstream’s Liquid Network

Fintech News Desk
Technology Innovation a Core Driver of Growth as Firm Continues to Expand Capital Markets Footprint and is on Track to Treble Trading Volumes(CoinShares ) CoinShares announced that it has joined the Liquid Network, a sidechain-based settlement network designed by Blockstream that provides asset issuance capabilities, fast settlement times, and transaction......
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