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.

Farmer Mac Names Aparna Ramesh as EVP – Chief Financial Officer and Treasurer

Fintech News Desk
The Federal Agricultural Mortgage Corporation , the nation’s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, announced the selection of Aparna Ramesh as its Executive Vice President – Chief Financial Officer and Treasurer, starting January 6, 2020. Ms. Ramesh joins Farmer Mac with......

BankTEL Launches First AvidPay Customer

Fintech News Desk
Studio Bank Gains Access to Largest B2B Payments Network With Avidpay Integration  BankTEL, an AvidXchange company, announced that it has launched its first AvidPay customer, Nashville-based Studio Bank. The product launch for Studio Bank represents a significant milestone following the October 2019 acquisition of BankTEL by AvidXchange. Read More: Republic Provides a $1.5 million Facility to......

Top 40 Coin HedgeTrade Announces Beta for Crypto Social Trading Platform

Fintech News Desk
HedgeTrade allows amateur and expert crypto traders to come together and capitalize on the strength of their predictions. HedgeTrade, the world leader in crypto social trading, is happy to announce the launch of the HedgeTrade Invitation-Only Beta. The Beta gives the HedgeTrade community the chance to register on the functioning......

SpaceChain Sends Blockchain Technology to the International Space Station

Fintech News Desk
Mission Advances SpaceChain’s Vision of an Open-Source Blockchain-Based Satellite Network SpaceChain announced that its blockchain hardware wallet technology is on its way to the International Space Station (ISS), aboard a SpaceX Falcon 9 rocket as part of today’s CRS-19 commercial resupply service mission. This is the first technology demonstration of  blockchain hardware on......

Folio Financial Among Benzinga Top Fintech Listmakers in the “Best Robo-Advisor” Category

Fintech News Desk
Folio Financial announced that it has been chosen as a  Benzinga Top Fintech Listmaker in the “Best Robo-Advisor” category for its Digital Wealth Platform. This award recognizes “organizations in the FinTech space who are moving the needle on financial wellness innovation.” The four other finalists in the category were Charles Schwab, Betterment, Wealthfront,......

Personetics Joins the AWS Partner Network Global Startup Program

Fintech News Desk
Personetics, a leading provider of AI-powered personalization and customer financial wellness solutions used by some of the world’s top banks, announced that it has joined the Amazon Web Services (AWS) Partner Network (APN) Global Startup Program. The APN Global Startup is a unique “white glove” support and go-to-market (GTM) program......

Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates

Fintech News Desk
62% of US Financial Service Organizations Experienced Data Breaches, but Security Spending and Encryption Rates Are Decreasing Data Security Is Not Keeping Pace With Rapid Industry Change Being Driven by Digital Transformation Top Data Security Concerns Are Cyberterrorism, Internal Threats and Industrial Espionage A new global study from Thales, with......

Starship Raises $11 million to Expand Access to Health Savings Accounts

Fintech News Desk
New Funds and Major Partnership Make Health Savings Accounts More Accessible to Americans, regardless of Employment Status Fresh off of a Series A investment of $7 million led by Valar Ventures—bringing total money raised to $11 million—fintech startup Starship is making portable health savings accounts available to drivers, delivery persons and carriers who use......

Rebel Raises USD $10 Million in Funding to Offer Consumers Affordable Credit

Fintech News Desk
Investment Round Includes Monashees and Global Venture Investor FinTech Collective Rebel, a digital consumer finance startup that offers middle-class Brazilians access to unsecured credit at affordable rates, has raised USD $10 million in new equity funding. This funding round comes one year after having raised USD $4 million from XP and others. Participants in......

Plug and Play Japan Has Selected 94 Domestic/Overseas Startups for Its Winter/Spring 2020 Batch

Fintech News Desk
Plug and Play Japan KK  has selected 94 startups in six verticals (IoT, Fintech, Insurtech, Mobility, Brand & Retail and Hardtech & Health ) with 36 large domestic corporate companies for the Winter/Spring 2020 Batch acceleration program, which will be carried out from December 2019 to March 2020. This Winter/Spring 2020 Batch will......
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