Category : Banking

Banking Fintech News

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

Fintech News Desk
by Fintech News Desk0
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced results for its first quarter ended November 30, 2019. First Quarter Fiscal 2020 Highlights Revenues increased 4.3% or $15.0 million to $366.7 million compared with $351.6 million for the same period in fiscal 2019. The increase......
Banking Fintech News

OneConnect Opens Its Joint Venture in Japan

Fintech News Desk
by Fintech News Desk0
OneConnect announced in Tokyo the official opening of SBI OneConnect Japan, a joint venture with Japanese financial service group SBI Holdings, providing cutting-edge cloud-based and AI technological services to regional banks in Japan to help them to achieve digital transformation. It is reported that in March 2019, this joint venture......
Banking Fintech News

OTI Raises $2.5 Million from Investors

Fintech News Desk
by Fintech News Desk0
On Track Innovations Ltd. , a global provider of near field communication (NFC) and cashless payment solutions, announced that on December 23, 2019, it entered into a share purchase agreement (the “Agreement”) with Jerry L. Ivy, Jr. Descendants’ Trust (“Ivy”) and two other investors who are members of the Company’s......
Banking Fintech News

Sagent Lending Technologies Agrees to Acquire ISGN Corporation

Fintech News Desk
by Fintech News Desk0
Acquisition Will Expand Sagent’s Loan Servicing Solutions Through Continued Technology-Enabled Innovation and Strong Customer Experience Sagent Lending Technologies (“Sagent”), a leading mortgage servicing technology provider, announced a definitive agreement to acquire ISGN Corporation (“ISGN”). The acquisition will expand Sagent’s loan servicing solutions and further demonstrate an ongoing commitment to the......
Banking Mobile Banking News

Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities

Fintech News Desk
by Fintech News Desk0
Mastercard  announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. In a rapidly evolving digital world, cybercrime is a pertinent threat to business. Large-scale data breaches and ransomware attacks place billions of records at......
Banking Fintech Fintech Funding News

FinVolution Group’s Subsidiary Receives License as A Technology and Information Based Financial Lending Institution from the Financial Services Authority of Indonesia

Fintech News Desk
by Fintech News Desk0
FinVolution Group , one of the leading fintech platform in China, announced that its subsidiary with an application named “Adakami” in Indonesia, has received a license for Technology and Information Based Financial Lending Institution (peer-to-peer lending license) from the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK). Read More: Arcline......
Banking Fintech News

360 Finance Selected in KPMG China’s Top 50 Fintech Companies

Fintech News Desk
by Fintech News Desk0
KPMG China announced top 50 leading companies in Fintech, and 360 Finance, Inc., a leading digital consumer finance platform, awarded one of the top 50 companies of the year. KPMG China Leading 50 Fintech Companies is an authoritative list which is devoted to promote Chinese fintech companies to be researching and learning examples in......
Banking Fintech News

KinerjaPay Corp. Further Details the Future of Its Recently Certified Peer to Peer Lending Platform

Fintech News Desk
by Fintech News Desk0
This Service Is Projected, When Added to Its Present Robust Online Payments, Shopping and Gaming Platform, to Enable the Company to Break Into Profitability in 2020 Kinerja Sukses Gemilang’s is a major achievement for KinerjaPay Corp. The Company successfully passed numerous stress tests of the system by the Indonesian regulator. The......
Banking Fintech News

The End of Paper Cash? Explore the Transition to the Digital Dollar at the Digital Money Forum at CES 2020

Fintech News Desk
by Fintech News Desk0
1-Day Conference is Jan. 7 | Exhibit Show Floor is Jan. 7-10, 2020 The future of money is now – and it’s digital. While you might not carry a wad of cash in your pocket any longer what’s replacing it is open for debate.  For some it’s a credit card,......
Banking News

PenFed Credit Union Presents $23,000 Donation to United Way of Lane County

Fintech News Desk
by Fintech News Desk0
The Donation Supports the Nonprofit’s Efforts to Serve the Lane County Community by Bringing People Together to Give, Advocate and Volunteer. PenFed Credit Union‘s Eugene Service Center announced a $23,000 donation to United Way of Lane County to support bringing people together to improve the lives of others. PenFed employees at the Eugene......
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