Category : Banking

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The Regulatory-Fintech Symbiosis: From Obstacle to Opportunity

Fintech Staff Writer
From the beginning, the fintech industry has been all about shaking things up. Early pioneers set themselves up as flexible, tech-savvy alternatives to traditional banks, offering faster, cheaper, and more customer-focused services. But this flexibility often meant that they didn’t follow the rules. Many startups in the 2010s unofficially used......
Digital Payments News

accesso and PayPal Deepen Collaboration to Deliver Seamless Payment Options for Clients

PR Newswire
accesso Technology Group, the premier technology solutions provider for the leisure, entertainment, attractions and cultural markets globally, is deepening its collaboration with PayPal to deliver trusted, flexible, and guest-friendly payment options. This next-generation integration builds on accesso’s original PayPal Checkout support and introduces a significantly more powerful, flexible, and conversion-optimized payment......
Artificial Intelligence Banking News

CIBC Innovation Banking Provides Growth Capital Financing to Bench IQ

Business Wire
CIBC Innovation Banking announced that it has provided growth capital financing to Bench IQ, an AI-powered judicial intelligence platform used by some of the world’s top law firms. Bench IQ recently raised a US$5.3 million seed round led by Battery Ventures and Inovia Capital. Read More on Fintech : Reinventing Identity Security......
Cryptocurrency Digital Payments News

Recreatives Industries (OTC: RECX) Launches Crypto Payment System for Global Sales of MAX Amphibious ATVs, Parts, and Accessories

GlobeNewswire
Company now accepts 300+ cryptocurrencies for direct sales, explores blockchain-based financing solutions, and intends to build crypto reserves on its balance sheet Recreatives Industries, Inc. (OTC: RECX) (“Recreatives” or the “Company”), the manufacturer of the legendary MAX 6×6 Amphibious All-Terrain Vehicles, announced the successful implementation of a cryptocurrency payment system......
Banking Lending News

Hanmi Bank Selects Lenders Cooperative to Drive National Expansion of Business Lending

GlobeNewswire
Lenders Cooperative, a leading provider of loan origination and servicing technology to U.S. financial institutions, is proud to announce that Hanmi Bank has selected its Lending Platform to support the bank’s commercial and SBA lending operations across the United States. As Hanmi Bank prepares to launch its “Simple Loans” initiative......
Banking Fintech News

River Valley Community Bank Expands Experienced Grass Valley Team with Return of Cheri Hall

GlobeNewswire
River Valley Community Bancorp (OTC Markets: RVCB) is pleased to announce the return of Cheri Hall as Assistant Vice President and Relationship Manager for its Grass Valley market, strengthening the bank’s experienced team serving Nevada County businesses and residents. Hall’s return represents River Valley Community Bank’s commitment to expanding its......
Banking Lending News

SBA Orders Lenders to End Practice of Debanking

GlobeNewswire
Agency Takes Decisive Action to Enforce President’s Directive to Stop Financial Discrimination The U.S. Small Business Administration (SBA) sent a letter to its network of over 5,000 lenders instructing them to end politicized or unlawful banking practices. Pursuant to Executive Order 14331, “Guaranteeing Fair Banking for All Americans,” SBA is requiring all......
Artificial Intelligence Digital Payments Finance Fintech Guest Posts Investments Risk Management

How Organizations Can Safeguard Against Deepfakes and Financial Fraud

Mike Weil
Imagine receiving a videoconference call from your company’s CFO. During the call, the CFO—appearing on camera—requests that you expedite a delayed $10 million payment to a vendor whose invoice has seemingly been misplaced. Trusting the CFO’s personal request, you process the payment, only to later discover that the vendor doesn’t......
Digital Payments Fintech News

Kira Raises $6.7M to Help Companies Launch Embedded AI Fintech Products

PR Newswire
Kira builds the all-in-one infrastructure powering Fintech 3.0, where AI agents meet stablecoins Kira, the global payments infrastructure platform, announced the closing of a $6.7 million seed funding round led by Blockchange Ventures, Vamos Ventures, Stellar Blockchain, Grit Capital Partners, Credibly Neutral Ventures, Michael Seibel, and Oso Trava. Strategic investment for regional expansion The funding......
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