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.

Horizon Bank and FHLB Dallas Provide $36K Grant to Assist Workers Impacted by the Pandemic

Fintech News Desk
by Fintech News Desk0
The Banks Provided the Grant to Guadalupe Neighborhood Development Corp. Horizon Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $36,000 Partnership Grant Program (PGP) award to Guadalupe Neighborhood Development Corp. to assist people whose livelihoods were impacted by COVID-19. Read More: GlobalFintechSeries Interview with......

Genesis Financial, Inc. Completes Acquisition of Ballast Group and Cosight Financial Limited

Fintech News Desk
by Fintech News Desk0
Genesis Financial, a globally diversified financial services company with a focus on Fintech Investment, Wealth Management and Lending Platforms, announced that it successfully completed its acquisition of Ballast Holdings Pty Ltd. (Ballast Group) on June 30, 2020. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition Ballast operates as......

Home Bank Enhances Customer Communications with New Loan Notice Automation from HC3

Fintech News Desk
by Fintech News Desk0
As banks are striving to communicate more clearly and quickly with consumers in the current economic environment, Lafayette, La.-based Home Bank ($2 billion in assets) has turned to HC3, a data-driven tech company delivering customer communication, to redesign and automate the generation and fulfillment of their loan notices. Read More: TerraPay......

Weyland Tech Engages The Benchmark Company to Explore Strategic Alternatives

Fintech News Desk
by Fintech News Desk0
 Weyland Tech, a leading global provider of eCommerce, mCommerce, and fintech business enablement solutions, has engaged a leading U.S. investment bank, The Benchmark Company, to assist Weyland in the exploration and evaluation of strategic alternatives for enhancing shareholder value. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec......

Opera Announces Investment in and Agreement to Acquire Fjord Bank

Fintech News Desk
by Fintech News Desk0
Opera Limited is one of the world’s leading browser providers with more than 360 million users, and new offerings across content, classifieds and fintech. Opera, headquartered in Oslo, Norway, announced its intention to purchase Fjord Bank subject to regulatory approval. The acquisition will enable Opera to further accelerate its fintech......

Huobi Global Provides Insight on What Is Driving the Institutional Interest in Cryptocurrency Investment

Fintech News Desk
by Fintech News Desk0
Huobi, has seen an influx of traditional and institutional traders join their platform and take advantage of the Huobi Futures market place. As of May 6, Futures and Swap Trading Volume at Huobi topped $5.2 billion, with 24 hour perpetual swap trading volume hitting $2.2 billion — this is off a product that was only launched in April.......

Insurity Acquires Virtual MGA, Continuing Its Expansion of Critical Technology Solutions for the MGA Market

Fintech News Desk
by Fintech News Desk0
Insurity, a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, announced that it has completed the acquisition of Austin, Texas-based Virtual MGA. The deal, which closely follows the June 22, 2020 acquisition of Epic-Premier, further expands Insurity’s cloud-based core systems......

Toyota Finance Australia Selects Wolters Kluwer’s OneSumX for Regulatory Reporting

Fintech News Desk
by Fintech News Desk0
Toyota Finance Australia has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory reporting software, in order to meet the regulatory reporting requirements of the Australian Prudential Regulation Authority (APRA). Read More: bitFlyer: Confidence in Cryptocurrency Increases Across European Populations Year-On-Year Despite Ongoing Coronavirus Crisis “We are delighted that Toyota has......

FreedomPay Unifies Commerce Data Into Actionable Business Intelligence

Fintech News Desk
by Fintech News Desk0
FreedomPay, the global leader in Next Level Commerce™, introduces an industry-leading business intelligence solution that transforms digital strategy and consumer experience for merchants globally. Through BI, merchants can leverage commerce data to analyze sales performance across all selling systems, and contextualize purchase patterns all within unique, customized consumer segments. Read......

MoneyGram Digital Growth Maintains Strong Momentum and Market Expansion Continues

Fintech News Desk
by Fintech News Desk0
MoneyGram International, a global leader in cross-border P2P payments and money transfers, reported 106% year-over-year digital transaction growth in June as strong consumer demand for its leading digital capabilities and customer-centric app continues to grow. The company also announced the expansion of its consumer direct channel and online presence to......
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