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.

Eurofins Digital Testing Expands Cyber Security Portfolio With Acquisition of Commissum

Fintech News Desk
by Fintech News Desk0
Acquisition of Commissum further expands Eurofins Digital Testing’s capabilities in Cyber Security  Eurofins Digital Testing, a global leader in end-to-end quality assurance and testing services, announced that it has acquired Commissum Associates Ltd (“Commissum”) to add to its portfolio of information and cyber security services for companies around the world.......

OCC Implements Phase III of Financial Safeguards Framework

Fintech News Desk
by Fintech News Desk0
Enhancing its resiliency as a Systemically Important Financial Market Utility (SIFMU), OCC, the world’s largest equity derivatives clearing organization, announced that the U.S. Securities and Exchange Commission (SEC) approved Phase III of the company’s Financial Safeguards Framework (FSF) for liquidity on June 4, 2020. The approved changes were implemented on June......

KBRA Assigns Preliminary Ratings to Citigroup Commercial Mortgage Trust 2020-WSS

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to four classes of Citigroup Commercial Mortgage Trust 2020-WSS, a $413.25 million CMBS single-borrower transaction. The collateral for the securitization consists of a $435.0 million non-recourse, first lien, floating-rate mortgage loan that is secured by the......

Lincoln Financial Group Names New Head of Finance and Actuarial for Group Benefits Business

Fintech News Desk
by Fintech News Desk0
Bram J. Spector Brings 20 Years of Industry Experience to the Role Lincoln Financial Group announced Bram J. Spector has joined the company in its group benefits organization as senior vice president, head of Finance and Actuarial. The Finance and Actuarial organization is responsible for partnering across the group benefits......

Financial Crime Compliance Experts Join FTI Consulting in Singapore

Fintech News Desk
by Fintech News Desk0
FTI Consulting, announced the appointment of Andrew McCarthy and Anna Bleazard to the Financial Crime Compliance practice within the Forensic and Litigation Consulting segment in Singapore, further extending the firm’s offering in Southeast Asia. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync Mr McCarthy joins as a Senior Managing Director and Leader of the Financial......

Intertrust Group: GPs Feel the Strain as LPs Push for More Transparency on Portfolio Performance and Fee Structures

Fintech News Desk
by Fintech News Desk0
Over four fifths (82%) of US private equity professionals expect investors to demand more transparency in reporting on portfolio company performance over the next 12 months, reflecting growing concerns over the impact of the COVID-19 pandemic. Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as......

Tim Howarth Appointed Managing Director for Financial Services at Fimatix

Fintech News Desk
by Fintech News Desk0
Fimatix has announced the appointment of Tim Howarth as Managing Director for Financial Services, where he will lead the company’s work supporting the financial services sector. He will drive the growth of the business through further acquisitions and by offering new services for clients. Having previously been a Partner at KPMG......

Top B2B Lending and Borrowing Apps That You Should Know About

Fintech News Desk
by Fintech News Desk0
As plenty of peer to peer lending companies come forward in the lending market, there is a huge rush of alternatives for business to business lending as well. Unlike the traditional lenders, these B2B lending companies are targeting all small, medium and large businesses to cater to their needs of......

Contactless Payments Preferred Payment Method for Almost 30% of Us Consumers Post COVID-19

Fintech News Desk
by Fintech News Desk0
Contactless Preference Up 8 Points Since Pre-Pandemic Contactless payment adoption will be boosted in the US, UK, Germany and China as restrictions due to COVID-19 are relaxed, according to a new report from Strategy Analytics Consumer Insights team. The Strategy Analytics Wireless Media Strategies (WMS) service report “COVID-19 Consumer Mobile Payment Insights,”......

UK DB Pension Schemes Lose up to £250m a Year Due to Use of Less Tax-Efficient Funds, Research by AMX and Northern Trust Reveals

Fintech News Desk
by Fintech News Desk0
UK defined benefit (DB) pension schemes are losing out on over £250m of additional income per year in their global equity portfolios because they are investing via less tax-efficient fund structures than those available, according to new research from The Asset Management Exchange (AMX) and Northern Trust, conducted by Broadridge......
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