Month : September 2020

NerdWallet Welcomes Lynee Luque as VP of People
Fintech News

NerdWallet Welcomes Lynee Luque as VP of People

Fintech News Desk
by Fintech News Desk0
Luque To Set and Scale Culture As NerdWallet Eyes Growth and Expansion NerdWallet, a website and app that provides financial guidance to more than 160 million consumers every year, welcomes Lynee Luque as its new Vice President of People. Luque will be part of NerdWallet’s executive leadership team, leading the HR, Workplace......
Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round
Capital Markets Fintech Fintech Funding News

Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round

Fintech News Desk
by Fintech News Desk0
Marco Financial—the first tech-enabled financing platform built for small and medium-sized Latin American exporters—announced it has secured $26M in funding and credit that will enable the company to address the $1.5T global trade finance gap that disproportionately impacts small-and medium-sized (SME) businesses. Marco supports SMEs based in Latin America, where a $350 billion trade finance gap......
First Horizon Bank Leaps Into The Cloud On Finxact Core
Banking Fintech Mobile Banking News

Live Oak Bank Transforms its Digital Banking Operations Running Finxact Cloud-Native Core

Fintech News Desk
by Fintech News Desk0
National Leading SBA Lender is Live on Finxact  Finxact, the leader in Core as a Service banking, announced today that Live Oak Bank (Live Oak), the nation’s leading small business bank, is now powering its digital banking ecosystem with the Finxact core. This week the bank began offering business savings and CDs......
Tokenization Platform LCX to Automate Anti-Money Laundering Practices and Crypto Compliance
Blockchain Business Fintech News

Tokenization Platform LCX to Automate Anti-Money Laundering Practices and Crypto Compliance

Fintech News Desk
by Fintech News Desk0
Liechtenstein based LCX, announced a partnership with Pliance. LCX is enhancing its Anti-Money Laundering (AML) processes such as screening of Politically Exposed Persons (PEP), Combating the Financing of Terrorism (CFT) and sanction screening by integrating Pliance’s technology and API’s. LCX’s compliance suite enables automating compliance processes to make sure that all cryptocurrency transactions......
DMALINK and WeOwn Enter Partnership to Redefine Decentralised Finance
Business Fintech News

DMALINK and WeOwn Enter Partnership to Redefine Decentralised Finance

Fintech News Desk
by Fintech News Desk0
DMALINK and WeOwn are pleased to announce a key strategic partnership in the institutional DeFi space. This ambitious partnership is set to be a game-changer for decentralized finance (DeFi) for digital assets. Initial plans revolve around combining low latency trade execution and real-time settlement and clearing via a decentralised multi custodian hybrid blockchain.......
Laybuy Launches Partner Programme to Help Retailers Capitalise on Buy Now, Pay Later Demand
Business Fintech News

Laybuy Launches Partner Programme to Help Retailers Capitalise on Buy Now, Pay Later Demand

Fintech News Desk
by Fintech News Desk0
‘Buy now, pay later’ provider, Laybuy, has launched a global partner programme to help retailers provide more flexible, interest-free payment options at the checkout. Laybuy is now offered by over 6,000 merchants and its partner programme is designed to ensure retailers of any size can capitalise on the increasing demand......
Nearly 40% of Parents Who Didn’t Plan to Apply for Federal Aid Now Say They Will as a Result of Covid-19 Pandemic
Fintech News

According to Discover Financial Services Nearly 40% of Parents Who Didn’t Plan to Apply for Federal Aid Now Say They Will as a Result of Covid-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Forty-four percent of parents report they can’t afford to pay as much of their child’s education as originally planned As COVID-19 has generated much uncertainty in this year’s college experience for both students and their families, a survey from Discover Student Loans indicated more families are hoping to take advantage......
Buy Now Pay Later Digital Spend, Led by Klarna, PayPal & Afterpay, to Double by 2025: Reaching $680 Billion – Kaleido Intelligence
Fintech News

Buy Now Pay Later Digital Spend, Led by Klarna, PayPal & Afterpay, to Double by 2025: Reaching $680 Billion – Kaleido Intelligence

Fintech News Desk
by Fintech News Desk0
SHIFT IN CONSUMER BEHAVIOUR DRIVEN BY CREDIT-HUNGRY MILLENNIAL AND GEN-Z SHOPPERS New data from fintech research specialists Kaleido Intelligence has found that $680 billion will be spent by global consumers using ePOS finance/Buy Now Pay Later (BNPL) over eCommerce channels in 2025. This will represent a 92% rise over the $353 billion spent......
Insurers Passing the Test on Claims, but UK Consumers Remain Sceptical About Insurance Industry
Fintech InsurTech News

Insurers Passing the Test on Claims, but UK Consumers Remain Sceptical About Insurance Industry

Fintech News Desk
by Fintech News Desk0
Research finds that insurers need to invest in their customer relationships to build trust, but alternative insurers hold little appeal on service superiority Guidewire Software, Inc. (NYSE:GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, has published results of research that shows that consumers are cautious about insurers’ attempts......
Pandemic Boosts Interest in White Label Prepaid Card Programs, According to KnowByLity’s Banking and FinTech Experts
Banking Fintech News

Pandemic Boosts Interest in White Label Prepaid Card Programs, According to KnowByLity’s Banking and FinTech Experts

Fintech News Desk
by Fintech News Desk0
In a global economy shaken by COVID-19, the fintech experts at KnowByLity (KBL) assert that white label prepaid card programs are an important option for helping businesses to not only to stay afloat but to grow In a global economy shaken by COVID-19, the fintech experts at KnowByLity (KBL) assert that white......
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