Month : May 2021

Baron & Budd Investigates Potential Lawsuits Regarding Paycheck Protection Program Lender Fraud
Business News

Baron & Budd Investigates Potential Lawsuits Regarding Paycheck Protection Program Lender Fraud

The firm is investigating claims that PPP lenders may be issuing fraudulent PPP loans and accepting illegal kickbacks from borrowers Today, the national law firm of Baron & Budd announced it is investigating claims that some banks and lenders may be exploiting the Paycheck Protection Program by issuing fraudulent loans in exchange......
Lincoln Savings Bank Selects 360factors' Predict360 Risk and Compliance Intelligence Platform
Fintech News

Lincoln Savings Bank Selects 360factors’ Predict360 Risk and Compliance Intelligence Platform

360factors, Inc. announced today that Lincoln Savings Bank, a $1.4 billion bank headquartered in Reinbeck, Iowa, selected 360factors’ Predict360 risk and compliance intelligence platform to streamline enterprise risk and compliance. “Lincoln Savings Bank is always looking for opportunities to provide additional value to our stakeholders,” said Mark Casel, Chief Risk Officer at Lincoln Savings Bank. “We look......
Foreign Fintechs Land in Latin America With US$ 677 Million in Direct Foreign Investment
Fintech News

Foreign Fintechs Land in Latin America With US$ 677 Million in Direct Foreign Investment

117 foreign fintechs are operating in one or more countries in Latin America, representing 10% of companies in the ecosystem. Of the 117 foreign fintechs, 57 have invested US$ 677 M for their expansion into the region. Nine are unicorns backed by significant funding and experience compared to their regional......
QPS
Banking Fintech News

Fintech Start-up QPS Global Initiates its International Expansion by Launching Services in United Kingdom

Chandni Maske
Aims to generate a revenue of £100 million within the first 3 years The company will invest £10m and create job opportunities Targeting 20% of the market share customers within the first 24 months of operations The Indian tech firm sets up global headquarters in London working with support from......
OLI Insurance Services Acquires QuieTrack Insurance Services Corporation
InsurTech News

OLI Insurance Services Acquires QuieTrack Insurance Services Corporation

OLI Insurance Services, a subsidiary of Heffernan Insurance Brokers providing market access and support services to local insurance agencies, acquired QuieTrack Insurance Services Corporation effective May 1, 2021. Founded in 1971, QuieTrack provides insurance tracking services, collateral protection insurance, mortgage hazard and flood insurance to financial institutions of all sizes. QuieTrack......
AI CHIPS FOR NEURAL NETWORKING PROJECTS (1)
Banking Digital Payments Fintech Investments News

Daily FTS Roundup: The 5 Coolest Things on Earth Today

Fintech News Desk
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various......
JazzCash Launches New App for Business Owners
Digital Payments Finance Fintech News

JazzCash Launches New App for Business Owners

VEON Ltd., a leading global provider of connectivity and internet services, announces that Pakistan’s pioneering digital financial services provider, JazzCash, has successfully launched a Business App for its expanding merchant base. The JazzCash Business App aims to make digital payments more efficient and seamless for business owners, company managers and home......
Veem and Freightos Announce Partnership To Enable More Secure Global Sourcing for Small Businesses
Digital Payments News

Veem and Freightos Announce Partnership To Enable More Secure Global Sourcing for Small Businesses

Veem will provide customers of the digital freight booking platform with an accessible and user-friendly B2B international payment experience Veem, a leading provider of online payment solutions, announced today that they will be partnering with Freightos.com, the online global freight booking platform. Through this partnership, Veem will become an available......
US-based Investment Management Company Selects Cymptom's Always-on Risk Visibility Solution for Data-Driven Cyber Defense
Fintech Investment Services Investments News

US-based Investment Management Company Selects Cymptom’s Always-on Risk Visibility Solution for Data-Driven Cyber Defense

Cymptom, the always-on security analytics company, announced today that a US-based investment management company has installed its always-on risk visibility solution to identify, prioritize and mitigate urgent security gaps and risk. Following a short proof-of-concept, the financial institution’s security team refers to Cymptom’s solution to cover all MITRE ATT&CK framework......
Agile Frameworks Receives Majority Investment By Long Arc Capital
Analytics Investments News

Agile Frameworks Receives Majority Investment By Long Arc Capital

Majority Stake Marks New Partnership to Drive Transformation of Workflow, Data Integrity and Analytics for Engineering Services Industry Braun Intertec Corporation, a leading engineering, environmental consulting and testing services firm, today announced a majority investment by New York-based growth private equity firm Long Arc Capital, LP (“Long Arc Capital”) in......
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