Category : Banking

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The Impact of COVID-19 on Broker Dealers (And Where It Hurts)

Michael Higgins
by Michael Higgins1
It has been a long and grueling 3 months since the first COVID-19 case reared its head in the United States. When the first deaths were reported, no one could have predicted the global impact it would have. Quarantine efforts in China were minimized but once the disease began to......
Banking Blockchain Business Fintech News

we.trade Digital Trade Finance Network Strengthens Collaboration With IBM

Fintech News Desk
by Fintech News Desk0
IBM joins founding banks as a new shareholder we.trade, a  blockchain-based platform that makes international trade faster and more efficient, announced an enhanced collaboration with IBM which will enable network enhancements and accelerate the global commercialisation of the platform. IBM has also become a new shareholder along with the 12......
Banking Business Fintech News

PayNet, An Equifax Company, Launches P3 Loan Forgiveness Report to Help Lenders Relieve SME Loans Under CARES Act

Fintech News Desk
by Fintech News Desk0
New automated solution provides lenders with verified documentation to simplify Paycheck Protection Program loan forgiveness process PayNet, an Equifax company, that provides credit and analytics on small and medium enterprises (SMEs), launched the PayNet P3 Loan Forgiveness Report. The reports are designed to give lenders a fast, efficient and reliable......
Banking Fintech Investment Services News

Fenergo Wins RegTech Insight Award for Best KYC Software for Client Onboarding

Fintech News Desk
by Fintech News Desk0
Awarded for the third consecutive year Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, has been awarded Best KYC Software for Client Onboarding at the A-Team Group’s RegTech Insight Awards 2020. Read More: SIMON Markets LLC and Raymond James Launch......
Banking Fintech News

Simplii Financial Joins SecureKey Concierge to Provide Seamless Access to Government Services

Fintech News Desk
by Fintech News Desk0
Simplii clients now able to securely and easily log into online government services with SecureKey Concierge SecureKey Technologies (“SecureKey”), a leading provider of federated identity and authentication solutions, is proud to announce an agreement enabling Simplii Financial™, the direct banking brand of CIBC, to become a Trusted Sign-In Partner with......
Banking Business Fintech News

8×8 Selects GoCardless to Manage Recurring Payments Across Its Growing Global Business

Fintech News Desk
by Fintech News Desk0
 GoCardless, the leading fintech for recurring payments announces that 8×8, a leading integrated cloud communications platform provider, is using GoCardless to provide direct debit as a payment method to its customers worldwide. The company joins a growing number of SaaS businesses choosing GoCardless to power their global payments. Read More: GlobalFintechSeries......
Banking Featured Fintech Mobile Banking

The Rise of Contactless Payments

Paroma Sen
by Paroma Sen0
Contactless payments, often referred to as tap-and-go by some banks have been around for a while. Payment systems like credit cards, debit cards, smart payments cards have been in the market for a long time and do fall under this (still evolving) category. However, the number of businesses and individual......
Banking Fintech News

Tech Alliance is Helping Rebuild the Shattered Economies by Democratizing FinTech During the Pandemic

Fintech News Desk
by Fintech News Desk0
You can’t rebuild during a hurricane. But you can rebuild during a pandemic. While this pandemic rages on we can prepare for the future we are going to need to rebuild. The future that was well underway, where innovations in financial inclusion were eliminating extreme poverty for not millions, but......
Banking Capital Markets Fintech News

CIBC Innovation Banking Provides Digital Receipt Management Platform, Sensibill Inc., With $5 Million in Growth Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a $5 million growth capital financing with Toronto-based Sensibill Inc. (“Sensibill”), a provider of everyday tools such as digital receipt management and SKU-level data that help institutions better know and serve customers. Backed by Radical Ventures, Information Venture Partners, First Ascent Ventures and......
Banking Business Fintech News

Numerated Launches Forgiveness Automation After Partnering with 70+ Banks to Originate 5% of Paycheck Protection Program Loans

Fintech News Desk
by Fintech News Desk0
Numerated, the financial technology company making it easy to purchase financial products from banks and credit unions, announced it has expanded its platform to automate Paycheck Protection Program loan forgiveness. As of , more than 70 banks and credit unions have used Numerated to launch digital lending for the Paycheck......
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