Category : Business

Business Fintech News Risk Management Robotic Process Automation

Avalara Helps Businesses Automate Consumer Use Tax Compliance

Fintech News Desk
Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes, announced the availability of Avalara Consumer Use, a new product that helps finance professionals quickly self-assess their consumer use tax obligations and achieve compliance. Referred to by some in the tax industry as low-hanging fruit, consumer......
Business Capital Markets Fintech Fintech Funding Investment Services News

Morgan Stanley Provides $10 Million Investment For New York Forward Loan Fund

Fintech News Desk
Morgan Stanley announced it will make an investment of $10 million to support the New York Forward Loan Fund, part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s small businesses and critical non-profits. The New York Forward Loan Fund will provide sustainable capital to Community Development Financial Institution’s......
Banking Business Fintech News

AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program

Fintech News Desk
Template Shared with Treasury and SBA to Help Resolve Outstanding Issues in Process The American Institute of CPAs has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under the CARES Act, and shared it with the Treasury Department and Small Business......
Business Fintech News

Andersen Global Adds Depth to African Presence; Announces Collaboration with Madagascar-Based Tax and Legal Firm

Fintech News Desk
Andersen Global expands its presence in Eastern Africa through a Collaboration Agreement with Madagascar-based tax and legal firm HK Jurifisc, marking the organization’s debut in the country as part of its expansion strategy on the continent. Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay “HK Jurifisc’s......
Business Capital Markets Fintech Investment Services News

Vesta Secures $125 Million Investment From Goldfinch Partners

Fintech News Desk
Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured $125 million in new growth capital from private equity firm Goldfinch Partners. The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions.......
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
Banking Business Fintech News

DR Bank Helps Small Businesses Obtain Critical SBA Financing

Fintech News Desk
DR Bank has been an active participant in the SBA’s Payroll Protection Program, assisting over 250 businesses in securing financing that will help them support payroll and other critical infrastructure expenses until they are able to resume normal operations.  This interim financing will preserve over 4,300 jobs. Read More: Abrigo......
Blockchain Business Cryptocurrency Currency Exchange Fintech News

ZebPay Expands Chainalysis Relationship in India

Fintech News Desk
Chainalysis, the blockchain analysis company, today announced the expansion of its partnership with ZebPay, the leading cryptocurrency exchange and wallet provider in India. Under the terms of the agreement, ZebPay will expand its use of Chainalysis KYT (Know Your Transaction) for transaction monitoring and compliance processes and Chainalysis Reactor for enhanced due......
Banking Business Fintech News Risk Management

Wells Fargo Corporate Risk Announces Enhanced Organizational Structure and New Leaders

Fintech News Desk
Wells Fargo & Company announced the appointment of two new Corporate Risk leaders and an enhanced organizational structure designed to provide greater oversight of all risk-taking activities and a more comprehensive view of risk across the company. The new risk model will have five line-of-business Chief Risk Officers (CROs) along......
Business Fintech Investment Services News

Bill.com to Participate in Upcoming Virtual Investor Conferences

Fintech News Desk
Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses, announced its participation in the following upcoming investor conferences. Read More: Invoia Re-Brands, Focuses on Small Businesses With Recurring Revenue BofA Securities 2020 Global Technology Conference Presentation: Wednesday, June 3,......
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