Category : Banking

Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
Banking Business Fintech News

DR Bank Helps Small Businesses Obtain Critical SBA Financing

Fintech News Desk
by Fintech News Desk0
DR Bank has been an active participant in the SBA’s Payroll Protection Program, assisting over 250 businesses in securing financing that will help them support payroll and other critical infrastructure expenses until they are able to resume normal operations.  This interim financing will preserve over 4,300 jobs. Read More: Abrigo......
Banking Fintech News

HSBC Bank Partners With RateReset to Deliver Award-Winning Digital Mortgage Solution

Fintech News Desk
by Fintech News Desk0
KNOCK KNOCK Platform Provides HSBC Customers with Speed and Simplicity HSBC Bank USA, N.A., (HSBC), part of the HSBC Group, one of the world’s largest banking and financial services organizations, announced it has partnered with RateReset to license its award-winning platform, KNOCK KNOCK. The platform, branded “EasyReset” for HSBC, allows......
Banking Big Data Fintech Investment Services News

NTT DATA’s Open Banking Practice Positioned as Leader in Everest Group PEAK Matrix for Open Banking IT Services 2020 Assessment Report

Fintech News Desk
by Fintech News Desk0
NTT DATA Corporation has been positioned as a Leader in Everest Group‘s Open Banking IT Services PEAK Matrix Assessment 2020. The PEAK Matrix is an objective, data-driven framework for identifying the relative market success and capabilities of service providers. The assessment reviewed the Open Banking market beyond compliance and looked at......
Banking Fintech News

CommonBond Announces SmartCash – Connecting Student Loan Refinance to a More Seamless Cash Experience

Fintech News Desk
by Fintech News Desk0
New product enables customers to integrate their student loan with a core bank account opening experience CommonBond, a leading financial technology company, announces CommonBond SmartCash –  a program that allows its customers to seamlessly open a core checking account while refinancing their student debt, enabling a more efficient and seamless......
Banking Business Fintech News Risk Management

Wells Fargo Corporate Risk Announces Enhanced Organizational Structure and New Leaders

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company announced the appointment of two new Corporate Risk leaders and an enhanced organizational structure designed to provide greater oversight of all risk-taking activities and a more comprehensive view of risk across the company. The new risk model will have five line-of-business Chief Risk Officers (CROs) along......
Banking Capital Markets Fintech Investment Services News

Barclays Investment Bank Appoints Alex Lynch as Chairman of Banking

Fintech News Desk
by Fintech News Desk0
Mr. Lynch will enhance Barclays’ client coverage, primarily in the Financial Institutions industry, and will focus on increasing senior level connectivity Barclays announces the appointment of Alex Lynch to the role of Chairman of Banking within its Investment Bank. Mr. Lynch will be based in New York and report to......
Banking Business Fintech News

Welcome Technologies Launches Digital Banking Services for U.S. Immigrants

Fintech News Desk
by Fintech News Desk0
A mobile banking service tailor-made for immigrant communities with no minimums or monthly fees. Welcome Technologies announced the launch of a bank account in partnership with Green Dot Corporation. The account and Visa card, PODERcard, aim to help close the banking gap for immigrants and will be offered first to U.S. Hispanic......
Artificial Intelligence Banking Fintech News

Alfa-Bank Drives Improved Customer Experiences by Leveraging NICE Nexidia’s AI-Powered Analytics Solutions

Fintech News Desk
by Fintech News Desk0
NICE Nexidia Analytics and NICE Quality Central boost customer loyalty, sales and optimal service processes for Alfa-Bank NICE announced that its AI-powered analytics solutions have enabled Alfa-Bank to improve customer experience. Alfa-Bank, one of the largest private commercial banks in Russia, leverages NICE Nexidia Analytics and NICE Quality Central to automatically analyze interactions and identify call......
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