Month : August 2020

InsurTech News Trading

DriveWealth Partners with MotivHealth to Create Comprehensive HSA platform to Contribute and Invest

Fintech News Desk
by Fintech News Desk0
DriveWealth, LLC, a leader in global digital trading technology, today announced their partnership with Utah-based insurance provider MotivHealth to provide an industry first, frictionless health savings account (HSA) investing experience that allows customers to view health insurance claims, manage their HSA and make trades with their HSA all from the same interface.......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech News

Mphasis Digital Risk Leverages Mendix Low-Code Platform to Drive Fast, Effective Digitalization for the Financial Services Industry

Fintech News Desk
by Fintech News Desk0
$1.7 trillion in secondary mortgage loans processed through Mendix-built applications One developer using Mendix does the work of four developers working in .NET Citizen developers emerge as a powerful force to get internal apps built  Mendix, a Siemens business and the global leader in enterprise low-code, today announced that Mphasis......
One Touch Video Banking Launches New Release 5.0
Blockchain Fintech InsurTech News

Asia’s Virtual Fintech Fair: Top Indian Fintech leaders including NPCI to participate

Fintech News Desk
by Fintech News Desk0
The Virtual Fintech Fair, co-hosted by FinStep Asia and Novsphere Media will witness debate and discussion on the Asian financial ecosystem from over 70 renowned speakers on 4th and 5th August 2020. Among Asian leaders Praveena Rai, Chief Operating Officer, National Payments Corporation of India (NPCI) will speak at the......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech Investment Services News

Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa

Fintech News Desk
by Fintech News Desk0
Africa’s fintech sector is key to the region’s economic growth as technology enables remittance inflows of money from its diaspora to boost disposable income and balance of payments. So says ICON Corporate Finance, the tech-focused investment bank, which recently advised on one of the sector’s most significant transactions in recent......
Marqeta and Bill.com Partner to Power New Commercial Card Programs for Financial Institution Customers
InsurTech News

Marqeta’s Modern Card Issuing Platform to Deliver Commercial Card Tokenization for J.P. Morgan

Fintech News Desk
by Fintech News Desk0
Marqeta’s innovative instant issuance tools will power card tokenization for J.P. Morgan, expanding card payment options for commercial clients. Marqeta, the global modern card issuing platform, announced today that J.P. Morgan will leverage Marqeta’s unique card tokenization capabilities for its virtual card program. This new functionality, anticipated to be available......
Mobile Banking News

Marine Federal Credit Union Selects TCI’s DecisionLender 4 to Meet Mobile Member Demand

Fintech News Desk
by Fintech News Desk0
Credit union leverages DL4 to implement direct and indirect lending, cross-selling and account opening Teledata Communications, Inc. (TCI), the provider of DecisionLender 4 (DL4), a consumer loan origination solution, announced today that Marine Federal Credit Union (FCU) has selected TCI’s DecisonLender 4 platform for cross-selling, deposit account opening, indirect, direct and online lending. Marine FCU......
Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
Fintech Investment Services News

Great Hill Partners Adds Experienced Payment Leader as Executive-in-Residence

Fintech News Desk
by Fintech News Desk0
Ian Drysdale Will Focus on Financial Technology, Payments, and Software Investments  Great Hill Partners, a leading growth-oriented private equity firm, today announced that Ian Drysdale has joined as an Executive-in-Residence (“EIR”) to focus on identifying and pursuing investment opportunities in the financial technology, payments, and software sectors. Drysdale brings more than......
Blockchain Cryptocurrency Investment Services News

12 Peers Invests in ShareRing (SHR), Marking the Firm’s First Investment Into the Digital Asset Space

Fintech News Desk
by Fintech News Desk0
The ShareRing management team has successfully executed gig-economy applications for mobility rentals and travel. Their latest venture, the ShareRing app is focused on the fragmented $7 Trillion travel economy and integrates travel documents and itineraries into an all-in-one travel platform. 12 Peers Capital, the Cayman Islands based broker-dealer and capital......
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