Month : October 2021

Permira Agrees to Make Strategic Investment in Motus
Finance Fintech Investments News

Permira Agrees to Make Strategic Investment in Motus

Fintech News Desk
by Fintech News Desk0
Permira to leverage strong track record in software investing to drive growth at scale at Motus Existing investor Thoma Bravo expected to reinvest in Motus as part of the transaction Permira, the global private equity firm which backs leading, scaling, tech-enabled businesses, announced that it has signed an agreement with......
Chase and Hyatt Launch First World of Hyatt Business Credit Card
Banking Business News

Chase and Hyatt Launch First World of Hyatt Business Credit Card

Fintech News Desk
by Fintech News Desk0
Introducing first-ever adaptive rewards accelerator from Chase for small business owners to earn double World of Hyatt points on categories where they spend the most Chase Card Services and Hyatt Hotels Corporation announced the launch of the new World of Hyatt Business Credit Card, designed to reward small business owners and......
Pitney Bowes Expands its Designed Delivery Service to Canada
Banking Business Fintech News

Pitney Bowes Appoints Tom Doherty as Vice President, Lending Services and Products

Fintech News Desk
by Fintech News Desk0
Global finance leader brings decades of business banking experience Pitney Bowes Inc., a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, announced that Tom Doherty has been appointed Vice President, Lending Services and Products. He joins Pitney Bowes from CIBC Bank......
Citizens Announces Steps to Make Banking More Transparent and Accessible
Banking Fintech News

Citizens Announces Steps to Make Banking More Transparent and Accessible

Fintech News Desk
by Fintech News Desk0
Rolls out Feature to Help Avoid Overdraft Fees, Commits to National Standards to Serve Underbanked As part of its ongoing efforts to help customers better navigate their financial lives, Citizens announced several initiatives designed to make banking more worry-free, transparent and accessible, including a new way to avoid overdraft fees......
Cross River and TechUnited Join Forces to Propel Entrepreneurs and Empower More Small Businesses in New Jersey
Fintech News

Cross River and TechUnited Join Forces to Propel Entrepreneurs and Empower More Small Businesses in New Jersey

Fintech News Desk
by Fintech News Desk0
Cross River and TechUnited launch Women & Minority Business Owners Mentorship Cohort Cross River is investing in its backyard by continuing to cultivate the NJ ecosystem through job creation, community partnerships and empowering the next generation of entrepreneurs Cross River Bank, a technology-driven financial services organization that provides core infrastructure......
GreenBox POS Surpasses $1 Billion Processing Volume Milestone for 2021
Blockchain Fintech News

GreenBox POS Surpasses $1 Billion Processing Volume Milestone for 2021

Fintech News Desk
by Fintech News Desk0
GreenBox POS, an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, announced the company has processed more than $1 billion in transaction volume in 2021, a threshold crossed during the month of August. This represents nearly 5 times the total processing volume for all of......
Webtel.mobi’s System and TUV Digital Currency – 21st Century Versions of Keynes’s International Clearing Union and Bancor
Cryptocurrency Digital Fintech News

Webtel.mobi’s System and TUV Digital Currency – 21st Century Versions of Keynes’s International Clearing Union and Bancor

Fintech News Desk
by Fintech News Desk0
WM’s independently reviewed system provides the fully-functional and globally operational structures and processes as proposed by John Maynard Keynes at the Bretton Woods Conference – and provide the key to reform the Global Financial System  Global Telephony Company Webtel.mobi (“WM”) spent several years creating its first operational platform – Platform......
18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers
Fintech News

18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers

Fintech News Desk
by Fintech News Desk0
TransUnion study finds that credit risk often changed based on when consumers exited hardship programs Despite financial challenges brought forth by the COVID-19 pandemic, a new study from TransUnion found that 18.7 million U.S. consumers that entered a financial hardship program experienced an increase to their VantageScore 4.0 credit risk scores......
CoinShares Announces Strategic Investment in Swiss-based Online Bank, FlowBank
Banking Investments News

CoinShares Announces Strategic Investment in Swiss-based Online Bank, FlowBank

Fintech News Desk
by Fintech News Desk0
CoinShares International Limited, is pleased to announce a strategic investment of USD 11,845,790 in FlowBank, an online bank headquartered in Geneva, Switzerland. Following the investment, CoinShares holds 110,000 shares in FlowBank, representing 9.02% of its enlarged share capital. Founded by Charles-Henri Sabet in 2020, licensed by the Swiss Financial Market......
Barclays Confirms the Quarterly Composition of the CIBC Atlas Select MLP Index
Commerce Investments News

Barclays Confirms the Quarterly Composition of the CIBC Atlas Select MLP Index

Fintech News Desk
by Fintech News Desk0
CIBC Atlas Select MLP Index is used as the underlying index in the iPath Select MLP ETNs Barclays Bank PLC announced that during the next quarterly CIBC Atlas Select MLP Index (the “Index”) rebalancing period, which will commence following the close of business on Friday, October 8, 2021 (the “Rebalancing......
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