Month : August 2020

Top Finance Tech Platforms That Are Enabling Better Streamlining Of Banking Operations
Banking Featured Fintech

Finance Tech Platforms Are Enabling Better Streamlining Of Banking Operations

Fintech News Desk
by Fintech News Desk0
At one point in time, ATMs were considered a revolutionary by-product of banks…with the latest innovations in fintech, there’s a lot more that banking and finance can do enable consumers goals today. Forget those ATM machines and online card payments, the advent of Fintech has led the banking and financial......
News Risk Management

Westpac rolls out real-time alerts to help protect customers from scams and fraud

Fintech News Desk
by Fintech News Desk0
With a spike in scams targeting Australians since the start of the COVID-19 pandemic, Westpac is taking further steps to protect its customers through implementing new scam-detection technology across its branch network. The new technology will send Westpac branch employees real-time alerts as payments are being processed, so that suspicious......
Sberbank Asset Management achieves highest pension savings yield
Banking Fintech News

Sberbank Asset Management achieves highest pension savings yield

Fintech News Desk
by Fintech News Desk0
According to the Pension Fund of the Russian Federation, the yield of the pension savings portfolio managed by Sberbank Asset Management in 1H20 has amounted to 11.24% per annum, which is the best result both among private asset management companies and compared to the public asset management company. At the......
KOHO Launches Credit Building to Level the Playing Field for Canadians Striving to Grow Their Credit Score
Fintech News

KOHO mass launches free Early Payroll feature to help users stay afloat in between paycheques

Fintech News Desk
by Fintech News Desk0
Canadians can now turn to leading challenger bank KOHO to help pay expenses on time and avoid fees and interest. KOHO launched an Early Payroll feature to their entire user base, which provides users free access to $100 of their paycheque 3 days before the scheduled payday. “It’s really common......
Warba Bank & Eurisko Mobility Power through the COVID-19 Lockdown to Continue the Bank's Digital Transformation
Business Fintech News

SMB Accounting Automation Leader CANDIS Raises €12M Series B

Fintech News Desk
by Fintech News Desk0
CANDIS, the platform for automated accounting and payment processes, raised €12M in a financing round led by Viola Ventures and Rabo Frontier Ventures, the investment arm of Rabobank. Existing investors Lightspeed Venture Partners, Point Nine Capital, Speedinvest, the main incubator of Commerzbank and 42CAP also participated. Read More: Entrust Datacard......
Gilded Automates Crypto Billing With Recurring Invoices
Fintech News

MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

Fintech News Desk
by Fintech News Desk0
MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company......
Starling, TranSwap and Remitr Among First Wave to Sign up to Currencycloud Spark
Banking Cryptocurrency Fintech News

Starling, TranSwap and Remitr Among First Wave to Sign up to Currencycloud Spark

Fintech News Desk
by Fintech News Desk0
Currencycloud, the leader in providing embedded cross-border payments, announces the wider rollout of Currencycloud Spark – its multi-currency wallet infrastructure – with Starling Bank, TranSwap and Remitr among the first customers to sign up to the service. Currencycloud Spark gives businesses – and their customers – the ability to receive,......
goeasy Ltd. Announces Appointment of Farhan Ali Khan as Senior Vice-President of Corporate Development and Investor Relations
Fintech News

German Asset Protection Startup DGLegacy Aims to Solve the Multi-Billion-Dollar Global Problem of Unclaimed Assets

Fintech News Desk
by Fintech News Desk0
The newly launched asset protection startup DGLegacy aims to solve the accelerating pandemic of unclaimed assets globally. Unclaimed assets are reaching unprecedented levels, with estimates that “run as high as $80 billion” in the USA according to New York Times and £77B in the UK, according to moneyfacts.co.uk. These are assets which stay in insurance companies, banks, cryptocurrency wallets, and......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech News

Grow Capital, Inc Acquires Second FinTech Company: Public Employee Retirement Assistance

Fintech News Desk
by Fintech News Desk0
Public Employee Retirement Assistance utilizes technology to pair public employees with retirement specialists Grow Capital, Inc (OTCPK:GRWCD) (GRWCD) today announced that it has executed a stock exchange agreement to acquire Public Employee Retirement Assistance, LLC (PERA). GRWCD will acquire 100 percent of the ownership interests of PERA, a third-party marketing......
Four Benefits of Buy Now Pay Later for Ecommerce Retailers
Fintech Guest Posts Mobile Banking

Four Benefits of Buy Now Pay Later for Ecommerce Retailers

Brad Paterson
by Brad Paterson0
The events of 2020 have upended nearly every industry, particularly retail. Widespread shutdowns shuttered brick and mortar stores for months at a time, while online shopping grew by more than 30% from March to April, alone(eCommerce retailers). Read More: GlobalFintechSeries Interview with Chuck Klein, Chief Executive Officer & Founder at IMM......
1