Month : September 2020

Foresight Research: Gen Z and Millennials plan to switch their financial institution in big numbers - Good news for credit unions
Fintech News

Foresight Research: Gen Z and Millennials plan to switch their financial institution in big numbers – Good news for credit unions

Fintech News Desk
18 % of Gen Z and Millennials bank customers or credit union members intend to switch their primary financial institution in the next year or two. But, during the pandemic that changed big time. 27% of Gen Z now plan to switch and a whopping 38% of Millennials plan to......
The Axion Network Offers Investors a High-Yield Crypto-Alternative to Traditional CDs
Cryptocurrency Fintech Investment Services News

The Axion Network Offers Investors a High-Yield Crypto-Alternative to Traditional CDs

Fintech News Desk
The world of cryptocurrencies has undergone several transformative events in recent years. Beginning with Bitcoin, and then moving on to the smart contracts of Ethereum, followed by growing regulatory acceptance within major economies, it’s been an exciting start to the 21st century. And now, a new cryptocurrency is about to......
Paxos Raises $142 Million in Series C Funding
Fintech News Trading

Societe Generale Begins Settling U.S. Securities Trades through Paxos Settlement Service

Fintech News Desk
More than $40M in listed US equity trades settled by Paxos Settlement Service since February 2020 Paxos Trust Company, a New York-regulated financial institution that digitizes and mobilizes assets, today announced Societe Generale is the third broker-dealer client using Paxos Settlement Service to settle U.S. listed equity trades. Read More: S&P Global Market Intelligence......
InComm Payments Acquires Todo Cartões, One of Brazil's Leading Gift Card Processors
Fintech News

InComm Identifies Areas of Growth for Gift Cards in 2020, Despite COVID

Fintech News Desk
Study identifies year-over-year consumer purchasing habits, growth in digital content, popular spend categories Online purchases of gift cards more than doubled in the first two quarters of 2020, outpacing the year-over-year growth of 24 percent measured from 2018 to 2019. This insight reveals how retailers can engage consumers who may......
Doxim Fast-Tracks the Digital Banking Experience with New Self Service and Messaging Capabilities
Business Fintech News

Doxim and Claim.MD Announce Partnership to Enhance the Provider Billing Experience

Fintech News Desk
Doxim’s CCM Services will extend Claim M.D.’s intuitive and feature-rich solution, enabling swift and accurate payment of healthcare claims through multiple channels Doxim, the leading customer communications management (CCM) and engagement technology provider serving regulated markets including healthcare, financial services, and utilities, today announced that it has partnered with Claim.MD,......
Centre Consortium Announces Algorand as an Official Chain for USDC, Launches on Mainnet
Blockchain Fintech News

Centre Consortium Announces Algorand as an Official Chain for USDC, Launches on Mainnet

Fintech News Desk
Release Brings Major Scalability & Performance Improvements to Digital Dollar Stablecoins for Global Consumer Payment Adoption Today, the Centre Consortium is excited to announce that Algorand is now an official blockchain for USD Coin (USDC).  The newly released mainnet implementation of USDC for Algorand is available today, and becomes the......
Wells Fargo Invests in Six Black-Owned Bank
Business Fintech News

Despite Continued Difficulties, Small Business Owner Optimism Continues to Grow in Latest Wells Fargo Survey

Fintech News Desk
Q3 study highlights improved future outlook tempered by significant near term headwinds Small business owners have faced unprecedented challenges due to the pandemic and are in the midst of great uncertainty with the upcoming presidential election. However, the Q3 Wells Fargo/Gallup Small Business Index indicates there is a continued spirit of......
First American Hires Jon Wierks as Vice President of Data and Analytics
Fintech InsurTech News Risk Management

First American Hires Jon Wierks as Vice President of Data and Analytics

Fintech News Desk
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the appointment of Jon Wierks as vice president in First American’s data and analytics division. Read More: Ubiquity Retirement + Savings® Introduces Paradigm RKS(™) In his new......
eBay Is Expanding Its Management of Payments to France, Italy and Spain
Business Fintech Mobile Banking News

eBay Is Expanding Its Management of Payments to France, Italy and Spain

Fintech News Desk
As the company scales its managed payments offering, customers in these countries will join the streamlined experience in early 2021. As part of modernizing its marketplace and creating a more streamlined experience for customers, eBay is expanding its management of payments to France, Italy and Spain in the first quarter of 2021. This expansion will continue......
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