Month : November 2021

LoanPro Enhances Loan Servicing Platform with Finicity's Open Banking Network
Banking Digital Payments News

LoanPro Enhances Loan Servicing Platform with Finicity’s Open Banking Network

Fintech News Desk
FinicityPay can boost accuracy, add security and help customers make more accurate payments LoanPro, a tech-forward leader in loan servicing software, announced an agreement with Finicity, a Mastercard company and leading provider of open banking solutions. LoanPro will utilize consumer-permissioned data and smart analytics from FinicityPay solutions to verify account......
Gr4vy Launches Magento Extension to Empower Merchants with Modern Payment Infrastructure
Cloud Digital Payments News

Gr4vy Launches Magento Extension to Empower Merchants with Modern Payment Infrastructure

Chandni Maske
Gr4vy also partners with Akoova to be the first to bring Gr4vy’s Magento extension to market Magento Extension and Akoova partnership enable merchants to offer advanced payment optionality  Gr4vy, a cloud-native payments company, announced the launch of its new, verified Gr4vy Magento extension. Merchants utilizing Adobe Commerce, powered by Magento,......
Trax Technologies Partners with Working Capital Fintech Raistone
E-commerce Fintech News

OKY Announces Expansion of Services in Argentina

Fintech News Desk
With more than 116 brands added to OKY’s marketplace in Argentina, the platform is positioned to help Argentines digitize their cash and integrate into the digital market OKY, a cross-border e-commerce fintech platform, announced it is expanding its operations to Argentina, providing immigrants access to more than 115 brands. With......
Africa’s Fintech Transformation: Traditional Banks Can Still Gain an Edge
Digital Payments Fintech News

Africa’s Fintech Transformation: Traditional Banks Can Still Gain an Edge

Fintech News Desk
This latest report in CR2’s Market Insight series discusses how Africa represents a massive market that is providing opportunity for investors to bring large segments of the continent’s unbanked online DUBLIN, Ireland, November 10, 2021/ — Africa is in the midst of a fintech transformation. Millions of Africans are now......
FACEBANK Solidifies Its Position as an International Bank in USA and Facilitates Services in LATAM
Banking Fintech News

FACEBANK Solidifies Its Position as an International Bank in USA and Facilitates Services in LATAM

Fintech News Desk
FACEBANK International, the first international bank with real-time connection to the Federal Reserve Bank of New York, retained its ranking with a stable forecast and is shaping up as a stronger financial institution, informed Julio Carbonell, General Manager. Read More About Fintech News : BrightTower Advises Procurement Spend Management Firm ClearEdge......
Alliance Data Completes Spinoff of LoyaltyOne Segment
Banking Fintech News

Alliance Data Completes Spinoff of LoyaltyOne Segment

Fintech News Desk
Alliance Data Systems Corporation, a leading provider of tech-forward payment and lending solutions, announced that it has completed the previously announced separation of its LoyaltyOne segment, consisting of the Canadian AIR MILES Reward Program and Netherlands-based BrandLoyalty businesses, into an independent, publicly traded company, Loyalty Ventures Inc. Loyalty Ventures common stock will begin......
Ethereum and Solana Hit New Record Highs on Rising Interest in NFTs and DeFi
Banking Cryptocurrency Fintech News

Ethereum and Solana Hit New Record Highs on Rising Interest in NFTs and DeFi

Fintech News Desk
Ethereum set a new record high last week, pushing past $4600 and clocking in a 530% increase since the beginning of 2021. One of the factors pushing the second-largest cryptocurrency to new heights is the rising popularity of Decentralized Finance and non-fungible tokens projects. Goldman Sachs global markets managing director Bernhard Rzymelka sees Ethereum......
Ocrolus and Blend Announce Partnership to Automate End-to-End Mortgage Process
Fintech Mortgage News

Ocrolus and Blend Announce Partnership to Automate End-to-End Mortgage Process

Fintech News Desk
Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, and Blend, a leader in cloud banking software, announced a strategic partnership which will embed Ocrolus’ Human-in-the-Loop document analysis solution within the Blend platform to accelerate digital mortgage applications. Read More About Fintech News : BrightTower Advises Procurement......
Credefi Opens the Doors of DeFi for SMEs
Cryptocurrency Fintech News

Credefi Opens the Doors of DeFi for SMEs

Fintech News Desk
With crypto transactions in Europe surpassing $1T in the last 12 months, the stage is set for the launch of Credefi – a European Fintech / DeFi protocol connecting crypto lenders with small & medium enterprise (SME) borrowers from the fiat economy. Credefi’s strong team of finance professionals with 40+ years’ experience......
Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds
Banking Fintech News

Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds

Fintech News Desk
Banks have an opportunity to reap an additional US$518 billion in revenues by 2025 By rethinking their business models and embracing the innovative strategies of digital-only banking and financial services new entrants, traditional banks could boost revenues by nearly 4% annually, resulting in more than half a trillion dollars in......
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