Month : April 2024

Usual Labs Announces a Strategic Funding Round of $7 Million and $75 Million TVL Committed to Compete With Stablecoin Giants
DeFi News

Usual Labs Announces a Strategic Funding Round of $7 Million and $75 Million TVL Committed to Compete With Stablecoin Giants

PR Newswire
by PR Newswire0
The strategic financing round aims to stimulate the development of Usual Labs’ innovative protocol. Usual Labs releases a new native DeFi USD-stablecoin, backed by Real-World Assets, with the belief that value and governance should belong to users. Usual Labs, the company in charge of developing Usual, an innovative protocol bridging the gap between......
Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships
Fintech Guest Posts Risk Management

Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships

Smita Pillai
by Smita Pillai0
If you are a financial services brand, working with creators and other third parties might seem like an impossible task. The risks of fines from non-compliance by third parties might seem too great. But there are methods available to ensure creators and other partners follow regulatory guidance – and what’s......
Finastra Integrates AI ESG Scoring into Trade and Supply Chain Finance Offering
Finance News

Finastra Integrates AI ESG Scoring into Trade and Supply Chain Finance Offering

Fintech News Desk
by Fintech News Desk0
The integration, with CoriolisESG by TradeSun, enables users to book and manage trade and supply chain finance with the added benefit of automated insights into ESG scoring. Finastra announced that it has integrated AI-powered ESG (environmental, social, and governance) scoring capabilities into its working capital solution, Trade Innovation. The integration,......
Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit
InsurTech News

Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit

PR Newswire
by PR Newswire0
This event will provide valuable insights not found elsewhere and is designed for: carrier executives, entrepreneurs and investors, insurance technologists, wholesale and retail agents, and other professionals. Carrier Management announced the agenda and speakers for The InsurTech Summit 2024. This event will provide valuable insights not found elsewhere and is designed......
PayToMe.co Featured in the Authoritative Nilson Report 1260
Fintech News

PayToMe.co Featured in the Authoritative Nilson Report 1260

PR Newswire
by PR Newswire0
Featured alongside global giants such as Stripe, Visa, and Mastercard, this recognition underscores PayToMe.co’s role as a transformative force within the fintech industry. PayToMe.co, an international award-winning digital Fintech company, proudly announces its inclusion in the March 2024 edition of the Nilson Report. Featured alongside global giants such as Stripe, Visa, and......
UCapital Social Platform Launches in US
Fintech News

UCapital Social Platform Launches in US

PR Newswire
by PR Newswire0
This expansion marks a significant milestone in the Group’s growth trajectory, fostering global connectivity in an increasingly diverse financial landscape. UCapital Fintech Group, a global digital ecosystem that connects investors, enterprises, and business-minded people, announced the launch of its social network, UCapital, alongside other offerings in the United States. This......
Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock
Digital Payments Fintech News

Ally Financial Declares Dividend on Common Stock and Series B and Series C Preferred Stock

PR Newswire
by PR Newswire0
Additionally, a dividend payment was declared on Ally’s 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, of approximately $11.8 million, or $11.75 per share, and is payable to shareholders of record as of April 30, 2024. The board of directors of Ally Financial declared a quarterly cash dividend of $0.30 per......
BAI Banking Outlook Research Financial Institutions to Prioritize Quality Deposit Growth Over Quantity in 2024
Finance Fintech News

BAI Banking Outlook Research: Financial Institutions to Prioritize Quality Deposit Growth Over Quantity in 2024

Business Wire
by Business Wire0
Research shows banks don’t need to be customers’ primary bank to attract quality deposits Leaders at financial institutions say that growing quality deposits continue to be the top strategic focus for the year, according to the annual BAI Banking Outlook survey. BAI, a nonprofit, independent organization that delivers the financial......
Parametric Insurance: Revolutionizing Traditional Insurance Models
Guest Posts InsurTech

Parametric Insurance: Revolutionizing Traditional Insurance Models

Neha Batra
by Neha Batra0
Parametric insurance, a novel approach to risk management, represents a departure from traditional insurance methods. In contrast to indemnity-based insurance, where claims are assessed based on actual losses, parametric insurance operates on the principle of predefined triggers, typically related to weather benchmarks or other quantifiable parameters. This innovative model offers......
iolite-Capital-Announces-Strategic-Investment-in-Dynacor-Group
Fintech Investments News

iolite Capital Announces Strategic Investment in Dynacor Group

Business Wire
by Business Wire0
iolite Capital announces strategic investment in Dynacor Group iolite Capital Management Ltd. (“iolite”), a selective investment management firm serving private and institutional clients, is pleased to announce a significant holding in Dynacor Group (TSX: DNG, “Dynacor”), representing 10% of the company’s outstanding common shares. Fintech Insights: Hyper-personalization in Banking: The Tech......
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