Month : August 2022

The Digital Dollar Project Launches Technical Sandbox Program to Explore Central Bank Digital Currency Infrastructure Solutions
Digital Asset Management News

The Digital Dollar Project Launches Technical Sandbox Program to Explore Central Bank Digital Currency Infrastructure Solutions

Fintech News Desk
New program will explore technical and business implementation questions with the help of initial participants: Digital Asset, EMTECH, Knox Networks, and Ripple The Digital Dollar Project (DDP) announced the launch of its Technical Sandbox Program to jumpstart further exploration of technical implementations of a U.S. central bank digital currency (CBDC). The......
Payments Giant Joins Crypto Compliance Initiative Amid Bankruptcies
Digital Payments News

Payments Giant Joins Crypto Compliance Initiative Amid Bankruptcies

Fintech News Desk
As the crypto winter shows signs of slowing, companies are rushing to become compliant after a string of bankruptcies within the space. Regulatory compliance is critical to improving crypto’s reputation among investors. It is also essential for mitigating liquidity risks, an issue that caused crypto giants Voyager Digital and Celsius to file......
Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe State Bank Acquisition
Banking News

Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe State Bank Acquisition

Fintech News Desk
Cornerstone Home Lending, one of the nation’s premier independent residential mortgage companies, announced that it has received all bank regulatory approvals necessary to complete its planned acquisition of and merger with The Roscoe State Bank. Cornerstone Home Lending expects the transaction to close on or around October 1, 2022, subject to......
Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform
Banking News

Rocky Mountain Credit Union Successfully Launches Mahalo Digital Banking Platform

Fintech News Desk
Credit union experiences successful conversion and effectively implements unified banking technology Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has completed its digital banking implementation with Helena, Mont.-based Rocky Mountain Credit Union (RMCU) to provide an improved and seamless digital banking experience for the credit union’s......
TimePayment Announces New $375Million Revolving Credit Facility
Fintech News

TimePayment Announces New $375Million Revolving Credit Facility

Fintech News Desk
TimePayment, an award-winning FinTech company and market leader in sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its previous, primary facility that was set to mature at year end. BMO Harris Bank......
Fairmatic Raises $42Million to Redefine Commercial Auto Insurance With Data and AI
InsurTech News

Fairmatic Raises $42Million to Redefine Commercial Auto Insurance With Data and AI

Fintech News Desk
Fueled by oversubscribed Series A, global insurtech emerges from stealth with an all-star C-suite of insurance and technology innovators to transform performance-priced fleet insurance Insurtech 2.0 company Fairmatic destealths a unique offering that pioneers an unconventional approach to fleet insurance — focused on enabling savings for safer fleets and improving......
equipifi Selected for Seventh FIS Fintech Accelerator Program
Banking Fintech News

equipifi Selected for Seventh FIS Fintech Accelerator Program

Fintech News Desk
FIS Fintech Accelerator program, in partnership with The Venture Center, connects high-potential fintechs with global banking network equipifi announced that it has been selected to participate in the seventh FIS Fintech Accelerator program, in partnership with The Venture Center. The FIS Fintech Accelerator program brings bankers, subject matter experts, and financial......
XTM Signs New Vertical With Multiple Franchisees of One of the Largest On-Demand Refuse Pick-Up Networks
Fintech News

XTM Signs New Vertical With Multiple Franchisees of One of the Largest On-Demand Refuse Pick-Up Networks

Fintech News Desk
XTM To Administer Drivers With Same-Day Payment Through Its Today™ Platform XTM, Inc. a Miami and Toronto-based Fintech innovator disseminating earned wages and providing gratuities access to service workers primarily in the hospitality, personal care and service worker space, is pleased to announce it has signed-on multiple franchisees of a large,......
TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility
Banking News

TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility

Fintech News Desk
TAB Bank is pleased to announce it has provided a wood products distribution company in Arkansas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. “Latest Fintech News: Bank of America Announces Small Business Down......
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