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.

Startup Investors Shun Asia in 2019 and Flock to Americas and Europe

Fintech News Desk
American Startups Attracted More Funding Than the Next 30 Countries Combined HexGn released a study of the funding trends in the global startup ecosystem in 2019; the team analyzed over 60,000 deals and one million data points for the report. Globally, the total funding for technology startups this year dipped......

Fight to Fame Combines Blockchain Tech, Movies and Sports to Revolutionize MMA Industry

Fintech News Desk
Fight to Fame’s Innovative Offering Will Merge Mixed Martial Arts (MMA), Cryptocurrency and Major Motion Pictures. Media Ambassadors Carlos Kremer and Teca Thompson Say the Promotion Will Engage Both Viewers, Investors and Competitors. the Duo Will Be Hosting Global Press Conferences That, in Part, Show How Fight to Fame Is......

Allied Wallet China Reaches 200 Million eWallet Users Worldwide

Fintech News Desk
Allied Wallet China, an Asia-based division of Allied Wallet providing online payment processing, and Founder Andy Khawaja recently celebrated reaching over 200 million eWallet users for their digital wallet e-commerce solution. Allied Wallet China and its merchants saw a busy holiday season with a 27% increase in sales, and many users around the......

CLPS Singapore CEO Addresses Strategy to Boost Fintech Talent in Southeast Asia at SYNC SEA 2019 Summit

Fintech News Desk
CLPS Incorporation announced that Mr. Srustijeet Mishra, CLPS Singapore CEO, represented the Company as a guest speaker for the SYNC SEA 2019 Summit, held on December 6, 2019, in Singapore. In his remarks, Mr. Mishra discussed the Company’s efforts to help develop fintech talent in Southeast Asia. “With the shortfall of fintech talent in Southeast......

Yiren Digital Announced Changes in Board Composition and Management Team

Fintech News Desk
Yiren Digital Ltd. , a leading fintech company in China, announced changes to its board of directors (the “Board”) and management team. Mr. Jingsheng Huang, Yiren Digital’s current independent director, will become a senior advisor to CreditEase, the Company’s parent company and controlling shareholder, and jointly manage the new Impact Investment Fund for CreditEase Wealth......

CryptoCorner: Tencent Establishing Digital Currency Research Group, Shenzhen Stock Exchange Launches Blockchain Index, OKEx Launches BTC Options Trading for Select Clients

Fintech News Desk
Chinese internet giant Tencent may be establishing “a digital currency research project group” according to local media. The company did not deny the news to reporters, but did not provide further information. However, CoinDesk reports that the “new team will look at how to use digital currencies in its payments platform as......

Net Element Launches Merchant Acquiring Enablement Services for Small and Regional Banks Catering to Fintech Startups

Fintech News Desk
Netevia HQ Empowers Small and Regional Banks to Provide Merchant Acquiring and Innovative Payment Services to Attract Fintech Startups Net Element, Inc., a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announces the launch of its......

PointPredictive Fraud Analysts Identify New Fraud Pattern Affecting Millions of Dollars of Risky Auto Loan Applications

Fintech News Desk
Systematic Patterns of Social Security Number Manipulation by Synthetic Identity Fraudsters Part of a Growing Trend PointPredictive, the company that solves the billion-dollar problems of auto, mortgage, fintech and personal lending risk, announced that their fraud analysts have uncovered a new auto fraud application scheme that involves systematic manipulation of......

HyperPay, the Leading Payment Processing Company in MENA, Closes an Investment Round Led by Mad’a Investment Company

Fintech News Desk
HyperPay, an award-winning payment service provider in the MENA region, announced the closing of an 8-digit investment round, led by Mad’a Investment Company, with participation from Saudi Venture Capital Company (SVC), iNet, MEVP, and other investors. The round also included successful exits for investors who participated in early-stage funding. Founded......

Pintec Cooperates with China Unicom’s Unicompay to Expand Handset Financing

Fintech News Desk
Pintec Technology Holdings Ltd. , a leading independent fintech solutions provider, recently announced an agreement with China Unicom. As mentioned in its first nine months earnings call of 2019, Pintec will leverage its digital lending capabilities to enable China Unicom’s payment platform Unicompay to offer next-generation handset financing services to......
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