Month : July 2020

Quontic Bank Launches First-Ever Bitcoin Rewards Checking Account
Fintech Investment Services News

Quontic Increases Access to Non-Qualified Mortgages as Countertrend to Pandemic Fiscal Restraints

Fintech News Desk
by Fintech News Desk0
Quontic, the adaptive digital bank, is proud to announce the re-launch of its non-qualified mortgage products (non-QM) for one-to-four family owner-occupied home loans, along with non-QM loans for one-to-four family investors using a non-traditional debt service coverage ratio (DSCR). Quontic’s unique non-QM loans are immediately available through its Wholesale Lending......
Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle
Fintech News

Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle

Fintech News Desk
by Fintech News Desk0
The global fintech market is expanding rapidly and expected to reach $460 billion by 2025[1], yet total fraud losses have reached a staggering $42 billion worldwide in the past two years alone[2] – cash taken straight from businesses’ bottom-line. This has been exacerbated by the pandemic, which while accelerating e-commerce and the growth of digital......
CFO Research Identifies That 72% of Finance Organizations Spend as Much as 520 Hours Per Year on Manual Accounts Payable Tasks
Fintech News Risk Management

CFO Research Identifies That 72% of Finance Organizations Spend as Much as 520 Hours Per Year on Manual Accounts Payable Tasks

Fintech News Desk
by Fintech News Desk0
Censuswide, the global insight-driven research company, and Tipalti, the leading global payables automation platform, announced findings from a survey of over 250 CFOs at medium-to-large enterprises regarding the current state of automation in their finance departments amid the COVID-19 pandemic. The survey also examines how organizations plan to take advantage of......
SYSPRO USA Launches Payment Solutions for SYSPRO to Optimize Digital B2B Operations
Business Fintech News

SYSPRO USA Launches Payment Solutions for SYSPRO to Optimize Digital B2B Operations

Fintech News Desk
by Fintech News Desk0
Integrated payment processing offers manufacturers and distributors enhanced financial workflow, greatly reducing time and resource costs SYSPRO, a global provider of industry-built ERP software, announces a new product offering called Payment Solutions for SYSPRO, a credit card payment processing solution that will be available for SYSPRO USA customers. Read More: GlobalFintechSeries Interview......
UMMC Partners with AccessOne to Offer Affordable Patient Financing Options Amid Uncertain Economy
Business Economy Fintech News

UMMC Partners with AccessOne to Offer Affordable Patient Financing Options Amid Uncertain Economy

Fintech News Desk
by Fintech News Desk0
Jackson, Miss., medical center expands flexible payment plans to address the community’s financial needs AccessOne, a leading provider of patient financing options designed to help consumers manage their healthcare costs, announced its partnership with the University of Mississippi Medical Center (UMMC), Mississippi’s only academic medical center. With AccessOne’s patient financing......
Kyriba Chairman and CEO Jean-Luc Robert Honored Among 100 Most Intriguing Entrepreneurs at Goldman Sachs 2020 Builders + Innovators Summit
Currency Exchange Fintech News

Currency Volatility Costs Companies Nearly $12B in FX Losses, Concludes Kyriba’s Q1 2020 Currency Impact Report

Fintech News Desk
by Fintech News Desk0
Currency volatility has caused more than $12 billion in Q1 2020, according to the latest Kyriba Currency Impact Report (CIR), a comprehensive report from the global leader of cloud treasury and finance solutions, which details the impact of foreign exchange (FX) among 1,200 multinational companies based in North America and Europe. This......
Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Business Fintech News

Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses

Fintech News Desk
by Fintech News Desk0
Enova International and OnDeck, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume-weighted average price......
Mobile Banking News

Affirm Partners With Shopify to Exclusively Power Shop Pay Installments in the U.S.

Fintech News Desk
by Fintech News Desk0
Affirm, a more transparent, flexible alternative to credit cards, announced it will exclusively power Shopify’s Shop Pay Installments in the United States. Starting later this year, Affirm’s buy now, pay later financing solution will be made available to eligible Shopify merchants in the U.S. who want to offer this flexible payment option......
Fintech Fintech Funding News Trading

First Trust Launches the First Trust Multi-Manager Large Growth ETF

Fintech News Desk
by Fintech News Desk0
First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust Multi-Manager Large Growth ETF (NYSE: MMLG) (the “fund”). The fund seeks to provide long-term capital appreciation by using a multi manager approach......
Banking Fintech Mobile Banking News

HMBradley Debuts Credit Card That Offers Up to 3% Cashback with Rewards That Adjust to Your Spending Habits

Fintech News Desk
by Fintech News Desk0
HMBradley, the digital banking platform built to reward savers, today announced that its new HMBradley rewards credit card has arrived, offering consumers 3% cashback for purchases in their highest spending category, 2% for the next highest category, and 1% for all additional charges each month. The card automatically adapts to......
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