Month : September 2020

X1 Card, the Smartest Credit Card Ever Made, Opens Waitlist
Fintech News

X1 Card, the Smartest Credit Card Ever Made, Opens Waitlist

Fintech News Desk
Reimagined for a new generation, the X1 Card offers smart technology, an unparalleled rewards program, higher limits, lower interest rates and no annual fees X1 Card, the smartest credit card ever made, opened its waitlist for signups today. Built with 17g of stainless steel and laser etching technology, X1 Card......
Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond
Fintech News

Experian Finds 89 Percent of Lenders Believe Alternative Credit Data Improves Financial Access for Consumers Seeking Credit During COVID-19 Pandemic

Fintech News Desk
As part of its mission to use data to keep the credit economy open to more consumers, Experian released its latest State of Alternative Credit Data report. The study highlights consumer and lender perceptions about leveraging alternative credit data against the backdrop of COVID-19, revealing 80 percent of consumers feel including items......
Priceless Planet Coalition Expands, Unites Businesses and Consumers Worldwide to Preserve the Environment
Business Economy Fintech News

Mastercard Pledges $500 million to Help Close Racial Wealth and Opportunity Gap for Black Communities Across America

Fintech News Desk
In its sustained efforts to build a more inclusive global digital economy, Mastercard is investing $500 million in Black communities over the next five years. This commitment includes products, services, technology and financial support, as well as concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial......
Figure Launches First Digital Fund Services Offering on Blockchain
Blockchain Fintech Funding News

Figure Launches First Digital Fund Services Offering on Blockchain

Fintech News Desk
Accomplishment Marks Use Case Expansion Across Financial Services Landscape with Friends & Family Capital II, L.P. as Inaugural Customer for Figure’s New Digital Fund Services Offering. Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today has launched the world’s first end to......
Affirm Announces Plans For Its First Card with Access to Buy Now, Pay Later
Fintech Fintech Funding News

Affirm Raises $500M Series G Round

Fintech News Desk
Adds Interest-Free Biweekly Payment Product Affirm, a more flexible and transparent alternative to credit cards, announced a $500 million series G round of funding. The funding round was led by GIC, a returning investor, and Durable Capital Partners LP. Other returning investors include Lightspeed Venture Partners, Wellington Management Company, Baillie......
PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)f
Business Fintech News

PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)f

Fintech News Desk
Canadian RegTech solution providers, PortfolioAid and VigilantCS, have formed a strategic partnership to help Canada’s wealth management industry tackle client-focused reforms (CFRs) with award-winning technology. Under CFR, firms must comply with new conflict of interest provisions by June 30, 2021, and new KYP/KYC suitability obligations by Dec. 31, 2021. Read......
Pagaya Hires Five Finance Industry Veterans, Further Driving Firm’s Transformation of Asset Management
Artificial Intelligence Fintech News

Pagaya Hires Five Finance Industry Veterans, Further Driving Firm’s Transformation of Asset Management

Fintech News Desk
Pagaya, a global, data-driven asset manager, today announced the hire of five finance industry veterans. Jeff Andrews and Paul Limanni joined Pagaya as Head of Originations and Head of Structured Products, respectively. Brandon McCue joined as Senior Managing Director of Client Advisory, Rob Brady as Senior Managing Director of Institutional......
Western Union Bolsters its Global Digital Cross-Border Payments Leadership
Business Currency Exchange Fintech News

Western Union and Isabel Group team up to provide international payment services to Belgian companies

Fintech News Desk
Western Union Business Solutions becomes a partner of Isabel Group to provide international payment services on the BtoB multi-banking platform Isabel 6 Western Union, a leader in cross-border, cross-currency money movement and payments, announces a collaboration between its business division, Western Union Business Solutions, and Isabel Group, the leading provider of multi-bank......
Teller Finance Announces October Launch with Liquidity Program, Token Governance and Compound Integration
Blockchain Fintech News

Teller Finance Announces October Launch with Liquidity Program, Token Governance and Compound Integration

Fintech News Desk
Teller Finance, a blockchain project for decentralized unsecured lending, today announced its October launch plans along with a governance token ($TLR), liquidity program and Compound integration. At launch of its public alpha, Teller will enable public mining of the $TLR token via contributions to its liquidity pool. Teller Finance’s lending application will......
Warba Bank & Eurisko Mobility Power through the COVID-19 Lockdown to Continue the Bank's Digital Transformation
Currency Exchange Fintech News

FLEETCOR to Acquire AFEX, a Leading Cross-Border Payments Provider

Fintech News Desk
Acquisition complementary to Cambridge Global Payments cross border business; Expected to be accretive in 2021 FLEETCOR Technologies, a leading global business payments company, announced it has signed a definitive agreement to acquire Associated Foreign Exchange (AFEX), a cross-border payment solutions provider. By acquiring AFEX, FLEETCOR will build upon its corporate payments......
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