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.

Oregon, West Virginia and Maine Have the Highest Rates of Depression

Fintech News Desk
by Fintech News Desk0
QuoteWizard, a LendingTree company, and one of the nation’s leading online insurance marketplaces, released a report on depression rates among all 50 states, and the impact of mental health care access on decreasing numbers. QuoteWizard found that states which rated highly for mental health care access also saw significant decreases in depression......

Neptune Hires Technology Sales Executive Jean-Luc Eckstein as Executive Director

Fintech News Desk
by Fintech News Desk0
Leading InsurTech Supports Company Growth with New Leadership InsurTech, Neptune Flood Incorporated announced that Jean-Luc Eckstein has been hired as Executive Director. Eckstein joins Neptune Flood from Fortune 500 technology solutions provider, CDW, where he sold software and hardware directly to some of the largest companies in the United States before being promoted to International Client Strategy......

Allied Wallet Asia and Founder Andy Khawaja Announce New Asia Headquarters

Fintech News Desk
by Fintech News Desk0
Allied Wallet Asia, an Asia-based division of Allied Wallet providing online payment processing, and Founder Andy Khawaja proudly announced the grand opening of a new Asian headquarters to serve the growing demand in Malaysia and Indonesia. E-commerce is growing swiftly on a global level. The Malaysian e-commerce market of €1.1 Billion is expected......

True North Financial invests $8 Million in China Rapid Finance

Fintech News Desk
by Fintech News Desk0
China Rapid Finance Limited , one of China’s leading Fintech companies, announced that True North Financial, LLC(“TNF”) will invest $8M in a private transaction for unregistered shares of the company’s stock. On December 24, 2019, TNF purchased 37,985,203 Class A unregistered Ordinary shares, and 3,465,574 Class B unregistered Ordinary shares, based......

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

Fintech News Desk
by Fintech News Desk0
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced results for its first quarter ended November 30, 2019. First Quarter Fiscal 2020 Highlights Revenues increased 4.3% or $15.0 million to $366.7 million compared with $351.6 million for the same period in fiscal 2019. The increase......

OneConnect Opens Its Joint Venture in Japan

Fintech News Desk
by Fintech News Desk0
OneConnect announced in Tokyo the official opening of SBI OneConnect Japan, a joint venture with Japanese financial service group SBI Holdings, providing cutting-edge cloud-based and AI technological services to regional banks in Japan to help them to achieve digital transformation. It is reported that in March 2019, this joint venture......

Phoenix Finance Ranked in the “2019 KPMG China Fintech 50”

Fintech News Desk
by Fintech News Desk0
On December 23rd, KPMG officially announced the list of “2019 KPMG China Fintech 50” and held the awards ceremony for “2019 KPMG China Fintech 50” in Beijing. Phoenix Finance, a comprehensive intelligent financial service platform established by Phoenix TV Group for global Chinese, was selected for its development and applying of fintech......

OTI Raises $2.5 Million from Investors

Fintech News Desk
by Fintech News Desk0
On Track Innovations Ltd. , a global provider of near field communication (NFC) and cashless payment solutions, announced that on December 23, 2019, it entered into a share purchase agreement (the “Agreement”) with Jerry L. Ivy, Jr. Descendants’ Trust (“Ivy”) and two other investors who are members of the Company’s......

Sagent Lending Technologies Agrees to Acquire ISGN Corporation

Fintech News Desk
by Fintech News Desk0
Acquisition Will Expand Sagent’s Loan Servicing Solutions Through Continued Technology-Enabled Innovation and Strong Customer Experience Sagent Lending Technologies (“Sagent”), a leading mortgage servicing technology provider, announced a definitive agreement to acquire ISGN Corporation (“ISGN”). The acquisition will expand Sagent’s loan servicing solutions and further demonstrate an ongoing commitment to the......

Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities

Fintech News Desk
by Fintech News Desk0
Mastercard  announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. In a rapidly evolving digital world, cybercrime is a pertinent threat to business. Large-scale data breaches and ransomware attacks place billions of records at......
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