Category : Banking

Banking Fintech News

Giact Launches Emergency Fast Track Program to Assist Financial Institutions and Non-Bank Lenders With Sba Loan Disbursements

Fintech News Desk
by Fintech News Desk0
Program is available immediately to approved lenders GIACT, the leader in helping companies positively identify and authenticate customers, announced a dedicated fast track program to help lenders disburse the $349 billion in Small Business Administration (SBA) loans provided under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The program will......
Banking Business Fintech News

GT Software Joins Financial Data Exchange to Accelerate Open Banking Adoption

Fintech News Desk
by Fintech News Desk0
Collaboration will help create a clear path to open banking GT Software, a mainframe modernization software company, announces that it has joined the Financial Data Exchange (FDX), a non-profit dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure consumer and business access to financial data.......
Banking Fintech News

Q2 Partners With Financial Institutions to Accelerate Financial Support From Small Business Administration Paycheck Protection Program to Those Affected by Coronavirus

Fintech News Desk
by Fintech News Desk0
Q2 Holdings, a leading provider of digital transformation solutions for banking and lending, announced the launch of its end-to-end digital lending solution specifically designed to help financial institutions accelerate application acceptance and funding to small businesses under the U.S. Small Business Administration (SBA) Paycheck Protection Program within the Coronavirus Aid......
Banking Fintech News

TrellisPoint Launches Powerful Workflow Automation Tool Designed Exclusively for Commercial Lenders

Fintech News Desk
by Fintech News Desk0
Built using Microsoft’s Power Platform, Virtual Loan Assistant is the first Power App to streamline the credit process for financial institutions. TrellisPoint, a leading provider of Microsoft Dynamics 365 customer engagement solutions, announced a new product developed for the commercial banking industry. Available as a web-based and mobile application, Virtual......
Banking Business Fintech News

Abrigo Solution Enables Community Financial Institutions to Handle 15,000 PPP Loan Applications for Small Businesses Since Friday

Fintech News Desk
by Fintech News Desk0
Abrigo announced that community financial institution customers of its SBA Lending solution have handled nearly 15,000 loan applications through the Small Business Administration’s Paycheck Protection Program (PPP) since Friday. This number is expected to grow significantly this week; application volume is tracking to exceed $10 billion in loans to small businesses. Read......
Banking Fintech News

Zimbabwe’s CBZ Holdings Unveils New Board of Directors to Steer Transformation and Growth

Fintech News Desk
by Fintech News Desk0
Board plans to increase market share, integrate businesses and enhance role of digital services Zimbabwe’s largest financial institution, CBZ Holdings, announced the appointment of a new Board of Directors to oversee the bank’s transformation strategy. The new directors bring a wealth of experience from a diverse range of disciplines to......
Banking Fintech News

eOriginal Enables Lender Banks to Fully Meet SBA’s Mandatory Digital Loan Requirements

Fintech News Desk
by Fintech News Desk0
Clients are fully operational and able to create digital loans in 1-2 weeks with Rapid Deployment Solution  eOriginal, the trusted leader in digital lending technology, announced the launch of a Rapid Deployment Solution (RDS) to enable lenders to meet the SBA’s mandatory requirements for digital loans, and to be up......
Banking Business Fintech News

MX Launches Easy-To-Use SBA Loan Application Portal for Banks and Credit Unions

Fintech News Desk
by Fintech News Desk0
New automated portal helps financial institutions reduce the time required to submit an SBA Payment Protection Program loan application from 30 minutes to 30 seconds MX, the leading digital transformation platform for banks, credit unions, and fintechs, announced the launch of a new Small Business Administration (SBA) Payment Protection Program......
Banking Fintech Guest Posts

Realising The Benefits of Low-Cost Remittances in Emerging Countries

Lorenzo Pellegrino
by Lorenzo Pellegrino0
Adults in developing countries remaining unbanked is a serious issue for local economies. One reason the unbanked population remains so high stems from people’s belief that they have inadequate funds to merit opening an account. By not having enough disposable income to make any substantial transactions or purchases, keeping money in any......
Banking Business Fintech News

Alipay Launches Initiatives to Support Wuhan Businesses as the City Comes out of Lockdown

Fintech News Desk
by Fintech News Desk0
Alipay, the world’s leading open digital lifestyle platform operated by Ant Financial Services Group,  announced a series of initiatives to support small businesses in Wuhan as the city emerges from lockdown. These initiatives will later expand coverage to support service providers across China as they tap into the power of......
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