Category : Banking

Banking Fintech News

Baker Hill Partners with Financial Institutions on Paycheck Protection Program Loan Forgiveness

Fintech News Desk
FinTech company collaborates with banks to provide support for small business lending Baker Hill, the leading financial technology provider in delivering solutions for commercial, small business and consumer loan origination, risk and relationship management, CECL, and analytics, is partnering with various banks to expedite the process of Paycheck Protection Program......
Banking Fintech Fintech Funding Investment Services News

Goldman Sachs Invests $50 Million in jSonar to Deliver Modern Database Security

Fintech News Desk
Funding round to accelerate jSonar’s delivery of the next generation of database security solutions, providing protection for all databases, big data systems and cloud data services jSonar announced it has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding. As part of the transaction, David Campbell,......
Banking Business Economy Fintech News

Small Business Loan Approval Rates Rebounded in May 2020: Biz2Credit Small Business Lending Index

Fintech News Desk
Improvement in Approvals for Companies Applying for Non-CARES Act Loans The approval percentage for small business loan applications at big banks ($10 billion+ in assets) rebounded from just 8.9% in April to 11.5% in May, according to the Biz2Credit Small Business Lending Index™ released . Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership......
Banking Fintech News

KlariVis Now Available in the Microsoft Azure Marketplace

Fintech News Desk
Microsoft Azure customers worldwide now gain access to KlariVis to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies  KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announced its listing in the Microsoft Azure Marketplace, an......
Banking Fintech Investment Services News

XP Inc. Acquires Stake in Fintech Fliper in Anticipation of the Ongoing Trend Toward Open Banking

Fintech News Desk
XP Inc, a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announces the acquisition of a majority ownership stake in Fliper, an automated investment consolidation platform that offers its users connectivity and tools to perform intuitive and intelligent financial self-management. The transaction allows......
Banking Featured Fintech InsurTech Investment Services

Is Covid-19 a Wake Up Call for InsurTechs?

Paroma Sen
Like most businesses across multiple sectors, insurance companies and insurtechs have been affected by the impact and effects of the ongoing Covid-19 pandemic. However, here’s the silver lining: insurtechs with their ability to offer different kinds of contactless, paperless solutions can actually use this time to innovate and present the......
Banking Blockchain Fintech Fintech Startups Investment Services News

Block Crafters Received Strategic Investment to Expand Its Digital Asset Service

Fintech News Desk
Block Crafters, a global blockchain accelerator, has successfully wrapped up its investment round. The rising star from the digital asset industry is getting ready to accelerate its growth. One investor of this deal is Chun Yang-Hyun, executive chairman of Cocone and former President of LINE Japan. A renowned serial entrepreneur, Chun......
Banking Fintech News

CPI Card Group and Unifimoney Collaborate on Recovered Ocean-Bound Plastic Credit and Debit Cards

Fintech News Desk
Unifimoney to Issue Visa-branded, Contactless Second Wave™ Payment Cards Featuring a Core Made With Recovered Ocean-Bound Plastic In celebration of World Oceans Day, CPI Card Group, a payment technology company and leading provider of credit, debit and prepaid solutions, announced a collaboration with Unifimoney Inc. to produce Visa contactless credit and debit......
Banking Capital Markets Fintech Investment Services News

Republic Capital Group Investing in Creativemass, a FinTech Software Company

Fintech News Desk
Republic Capital Group, a firm specializing in providing investment banking services to the RIA, asset and wealth management communities, is announcing it is investing in Creativemass, a co-located U.S. and Australian financial services software company providing wealth management solutions through its flagship product, WealthConnect. Read More: GlobalFintechSeries Interview with Brandon......
Banking Fintech News

Black Knight’s CompassPPE and Ernst Fee Service Now Integrated With Blend’s Digital Lending Platform to Support Effective Loan Pricing

Fintech News Desk
Collaboration delivers improved margin management, helps lenders effectively price loans and minimize costly fee cures, while enhancing the customer experience Black Knight, announced that its dynamic CompassPPE product, pricing and eligibility engine and comprehensive Ernst Fee Service solution are now integrated with Blend‘s digital lending platform for mortgages and consumer banking. The integration......
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