Category : Business

Banking Business News

TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a textile company in California with an $8.5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to provide additional availability to meet the company’s rapidly increasing sales.......
Business Digital Payments Mobile Banking News

MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business

Fintech News Desk
by Fintech News Desk0
The Company delivered 44% YoY cross-border transaction growth for June in MoneyGram Online (MGO), its direct-to-consumer digital business Transactions received digitally by customers hit at an all-time high in the quarter with 77% YoY growth MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced that......
Analytics Business News

Xero Introduces New, AI-Powered Analytics to Help Small Businesses Plan For the Future With Trusted, Insightful Data

Fintech News Desk
by Fintech News Desk0
New Analytics Plus brings advanced cash flow and business forecasting directly into Xero  Xero, the global small business platform, announced Analytics Plus, part of a new suite of planning and forecasting tools, powered by artificial intelligence and designed to help businesses and advisors plan for the future with confidence. Available......
Business Digital Fintech News

Hoist Finance and FICO Win Award for Digital Collections Programme in Germany and UK

Fintech News Desk
by Fintech News Desk0
European consumer debt purchaser improves debt management experience for banks’ customers and creates savings using FICO® Platform and consulting FICO Platform operationalizes predictive models and scores to deliver fairest customer experience and help borrowers manage debt repayments Between 20,000 and 40,000 decisions rules implemented per country, starting with Germany and UK Hoist......
Business Fintech News

Data Precision ‘More Important Than Ever’ Financial Services Firms Say

Fintech News Desk
by Fintech News Desk0
Moving from manual processes to automated systems to accurately reconcile data across multiple locations is becoming more crucial for financial services firms — but many struggle to make the move Nearly half (46%) of financial services organisations say that data precision is more important to their business in 2021 compared......
Banking Business News

Taaleri’s Associated Company Fellow Finance Merges With Evli’s Banking Business – Taaleri Continues As a Significant Owner in the New Fellow Bank

Fintech News Desk
by Fintech News Desk0
Taaleri will continue as a significant owner in the new Fellow Bank, which will be formed when Taaleri’s associated company Fellow Finance Plc and Evli Pankki Plc’s banking business merge. The companies announced the merger today. After the transaction, Taaleri’s holding in Fellow Bank will be 17.6 per cent. Under the......
Banking Business Fintech News

Liberty Tax Selects Xero as Preferred Cloud Accounting Platform

Fintech News Desk
by Fintech News Desk0
New offering for small businesses offered exclusively on Xero  Xero, the global small business platform, announced that Liberty Tax, with 2700 franchisees across the US and Canada, selected Xero as the preferred cloud accounting software for its new small business service offering. Liberty Tax has more than 12,000 tax professionals in......
Business Digital Fintech News

Anaplan Appoints Vikas Mehta as Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Finance veteran brings nearly 20 years of leadership experience in Digital Transformation Anaplan, Inc., provider of the leading cloud-native platform for orchestrating business performance, announced that Vikas Mehta has joined its executive team as Chief Financial Officer effective July 19. “We are excited to welcome a progressive financial executive of......
Business Fintech News

KodyPay is Reinventing Payment Acceptance With Us$3.25m in Additional Financing

Fintech News Desk
by Fintech News Desk0
KodyPay, a fast-growing payments Fintech working with Visa, MasterCard and IBM, has recently raised an additional US$3.25 million. The oversubscribed financing round involved all the major shareholders and new high profile investors, bringing the total raised to US$6 million in under 12 months. New and existing investors include KodyPay’s Chairman, Hank Uberoi (Former Executive Chairman/CEO,......
Business E-commerce News

Volusion Partners with Avalara to Automate Tax Compliance

Fintech News Desk
by Fintech News Desk0
Volusion, an Austin-based provider of ecommerce services for online businesses, announced Wednesday that they have partnered with Avalara, a leading provider of tax compliance automation for businesses of all sizes. Volusion is now part of Avalara’s “Certified for AvaTax” program, which features integrations that perform at the highest level to provide the......
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