Author : Fintech News Desk

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Fintech News Desk is a trained group of web journalists and reporters who collect news from all over the financial technology landscape. The financial services innovations include latest and advanced developments related to Digital banking, wallets, AI, ML, IT, Cloud Security, Privacy and Security, Cyber threat intelligence, Space, Big data and Analytics, Blockchain, and Crypto. To connect, please write to Fintech market analyst at sghosh@martechseries.com.

US Private Equity Activity Slows in Q2 2020 As Global Economies Struggle Through COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
PitchBook, the premier data provider for the private and public equity markets, today released its 2Q 2020 US Private Equity Breakdown, which found the velocity of US PE investment activity further diminished in Q2 2020 as dealmakers felt the impact of the coronavirus pandemic. In fact, many GPs sought to pull......

Fidelity Survey: Top Reason for Companies to Offer Charitable Giving Program Is to Help Employees Give Back to Local Communities

Fintech News Desk
by Fintech News Desk0
As organizations continue to add charitable giving programs to their benefits platform, recent research1 conducted by Fidelity Investments and the Association of Corporate Citizenship Professionals (ACCP) found that three quarters (75%) of companies surveyed indicated that giving back to the community was one of the most important reasons to offer a......

ACAMS Launches New KYC Certification for Front-Line and Operations Teams

Fintech News Desk
by Fintech News Desk0
As part of its expanding toolkit for the compliance community, ACAMS has launched its first-ever know your customer (KYC) certification for early career professionals and their supervisors. The Certified Know Your Customer Associate (CKYCA) program sets a new global standard for KYC compliance staff involved in analysis, onboarding, anti-money laundering......

BitPay Named Atlanta Inno’s “50 on Fire” Winner

Fintech News Desk
by Fintech News Desk0
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced the company is one of Atlanta Inno’s “50 on Fire”. Atlanta Inno is celebrating companies like BitPay that are consistently innovating and disrupting traditional markets with technological advancement. The Inno brand is cultivating a national audience of next-gen......

Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
by Fintech News Desk0
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......

ID.me Helps States Release Blocked Unemployment Claims with Fast Identity Verification

Fintech News Desk
by Fintech News Desk0
ID.me, a federally certified identity verification platform, is helping state unemployment agencies release unemployment benefits to blocked applicants and accelerate processing of new applications. Several hundred thousand unemployment applicants have not received unemployment benefits months after applying as record-high claim volumes and large-scale fraud schemes have overwhelmed labor agencies in......

HarbourVest Partners Hires Rob MacGoey as CFO for Firm’s Management Company

Fintech News Desk
by Fintech News Desk0
HarbourVest Partners, a global private markets asset manager,  announced the hiring of Rob MacGoey as the chief financial officer (CFO) for the Firm’s Management Company. MacGoey will work alongside Karin Lagerlund, current CFO, who will focus on client and fund accounting, treasury and capital markets. Read More: GlobalFintechSeries Interview with......

Nationwide Joins the Verisk Data Exchange™ to Drive Usage-Based Insurance Solutions

Fintech News Desk
by Fintech News Desk0
Many drivers of connected vehicles now have a simpler, faster way to get insurance and earn discounts. Thanks to a new partnership with Verisk, a leading data analytics provider, Nationwide drivers who opt to share driving data gathered from their eligible connected vehicle, can bypass the monitoring phase of Nationwide’s SmartRide usage-based insurance (UBI)......

FICO Holds Free Virtual Financial Education Event to Help Empower Raleigh and Durham Consumers

Fintech News Desk
by Fintech News Desk0
Leading analytics software firm FICO, will host a free financial education online event for Raleigh and Durham on July 16 to provide consumers with knowledge and tools to gain better insight into their financial health. Senator Thom Tillis will be a special guest to discuss about the importance of financial education for the community. Read More: GlobalFintechSeries Interview......
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