Category : Banking

Banking Fintech News

Oregon, West Virginia and Maine Have the Highest Rates of Depression

Fintech News Desk
QuoteWizard, a LendingTree company, and one of the nation’s leading online insurance marketplaces, released a report on depression rates among all 50 states, and the impact of mental health care access on decreasing numbers. QuoteWizard found that states which rated highly for mental health care access also saw significant decreases in depression......
Banking Fintech News

Allied Wallet Asia and Founder Andy Khawaja Announce New Asia Headquarters

Fintech News Desk
Allied Wallet Asia, an Asia-based division of Allied Wallet providing online payment processing, and Founder Andy Khawaja proudly announced the grand opening of a new Asian headquarters to serve the growing demand in Malaysia and Indonesia. E-commerce is growing swiftly on a global level. The Malaysian e-commerce market of €1.1 Billion is expected......
Banking Fintech News

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

Fintech News Desk
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
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
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
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
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
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
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
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......
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