Category : Banking

Banking Fintech Mobile Banking

MoCaFi to Launch Revolutionary Banking Platform Targeting Communities Impacted by Economic Shifts

Fintech News Desk
by Fintech News Desk0
MoCaFi [Mobility Capital Finance, Inc.], a Harlem and Newark-based African American owned fintech, announces the launch of its upgraded banking platform with features and services designed to address financial inequality in Black, Hispanic, and historically disenfranchised communities. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions......
Banking Fintech Guest Posts

5 Things You Need to Know about the LIBOR Transition

Bruce Orcutt
by Bruce Orcutt0
LIBOR has often been regarded as the world’s most important number. It’s one of the most widely utilized interest rates in the world used for tens of millions of financial contracts worth more than USD 300 trillion globally. Its cessation December 31, 2021 will alter financial markets around the globe......
Banking Fintech News

Boenning & Scattergood Deepens Commitment to Bank and Thrift Sector with Addition of Joseph Plevelich, CFA®, Director and Senior Research Analyst

Fintech News Desk
by Fintech News Desk0
Boenning & Scattergood, Inc., a leading independent securities, wealth management, and investment banking firm, is pleased to announce Joseph Plevelich, CFA®, has joined its Equity Research team as Director and Senior Research Analyst covering banks and thrifts at its headquarters in West Conshohocken, PA. This addition broadens the firm’s domain......
Banking Fintech News

Bankers Healthcare Group Closes First ABS Transaction to Further Diversify Funding Sources

Fintech News Desk
by Fintech News Desk0
Bankers Healthcare Group, a leading provider of financial solutions for licensed healthcare practitioners and other highly skilled professionals, issued $159.6 million in notes backed by high-quality commercial and consumer loans to increase its liquidity and diversify its funding sources. Credit Suisse Securities (USA) LLC was the sole structuring agent and sole bookrunner......
Artificial Intelligence Banking Fintech News

Remitter USA Inc. Appoints David Nathanson as Its Executive Vice President and Head of Sales

Fintech News Desk
by Fintech News Desk0
Remitter USA Inc, ARM industry’s leader in AI powered digital communication solutions that helps lenders and BPOs optimize customer engagement and maximize revenue, announced today that David Nathanson is the newest member of its executive team. David brings over 20 years’ experience successfully building and leading high performing teams in the banking, financial services,......
Banking Business Fintech News

Dave Announces Exclusive Partnership With Mastercard and Roll-Out of Dave Banking to Its 7MM Customers

Fintech News Desk
by Fintech News Desk0
Challenger Bank Now On Track To Sign Up 1MM Customers By End of 2020(Dave) Dave, the challenger bank on a mission to put financial minds at ease, announced an exclusive agreement with Mastercard to power its debit cards as well as new growth figures for its digital banking feature. The......
Artificial Intelligence Banking Fintech

SilverCloud’s Banking Chatbot Surpasses 260,000 Consumer Requests During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Demand for self-service options surges in response to Coronavirus restrictions, financial institutions report 50 percent increase in overall chatbot usage SilverCloud, Inc., the only support solution built exclusively for the financial services industry, today announced record usage and increased demand for its artificial intelligence (AI) powered banking chatbot solution, successfully fulfilling more......
Banking Fintech News

International Bank of Azerbaijan Takes An Integrated Approach To Prevent Financial Crime Using FICO Solution

Fintech News Desk
by Fintech News Desk0
The International Bank of Azerbaijan (IBA) has announced that a system based on the FICO Siron solution has been successfully implemented to provide an integrated approach to combat money laundering and terrorist financing. Read More: GlobalFintechSeries Interview with Michael Higgins, Chief Executive Officer at Velox Clearing The system incorporates three modules......
Banking Business Capital Markets Fintech News

TransferGo Champions Frictionless ID Verification with SumSub and Veriff

Fintech News Desk
by Fintech News Desk0
Key partnerships will support seamless customer experience and deliver increased service reliability TransferGo, one of the world’s fastest-growing money transfer companies, today announces a partnership with robust, end-to-end ID verification companies SumSub and Veriff. Through SumSub and Veriff’s technology, TransferGo will be able to verify a customer’s identity and prevent......
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