Category : Economy

Economy Fintech News

JPMorgan Chase’s The Fellowship Initiative Expands to Help More than 1,000 Young Black and Latinx Men in U.S. Cities Access Economic Opportunity

Fintech News Desk
JPMorgan Chase & Co., is marking the 10th anniversary of The Fellowship Initiative (TFI) with a renewed commitment to improving economic and social outcomes for Black and Latinx men, as well as other young men of color, from low-income communities. “What makes The Fellowship Initiative such a special program is......
Blockchain Business Economy Fintech News

First Scalable Enterprise Solutions Leveraging the Value of Public Blockchain

Fintech News Desk
British Standards Institution and Trace Labs Launch Blockchain-based Solutions for Integrity of Digital Records In early 2019, the business standards company BSI partnered up exclusively with Trace Labs, the core developers of OriginTrail, to deliver blockchain-enabled solutions. With such solutions, the British Standards Institution (BSI) seeks to enhance its global assurance, certification, and......
Economy Fintech News

New Study from MoneyRates Shows the Job Markets Best Weathering the Pandemic

Fintech News Desk
Utah’s job market has endured the coronavirus better than other states. Kansas, Nebraska, Wyoming and South Dakota have also held strong. With the coronavirus battering nearly every business sector and costing about twenty million jobs so far, MoneyRates.com examines the pandemic’s toll on each state’s job market. The personal finance resource......
Economy Fintech News

State of California Saves Taxpayer Dollars via Streamlined COVID-19 Hotel Sourcing and Payment Solution from HRS

Fintech News Desk
California was the first U.S. state to issue shelter at home orders in March, and quickly followed with guidelines on group gatherings to mitigate the COVID-19 outbreak. These and other bold initiatives, including the rapid deployment of healthcare workers, first responders and other relief personnel to hotspot locations, have slowed......
Economy Fintech Fintech Funding Investment Services News

PayPal Announces $530 Million Commitment to Support Black Businesses, Strengthen Minority Communities and Fight Economic Inequality

Fintech News Desk
PayPal Holdings, announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and inclusion within the PayPal community.......
B2C Economy Fintech News

FranConnect’s Franchise Sales Index Report Reveals Critical Insights for Franchisors Confronting Today’s Economic Reality

Fintech News Desk
FranConnect, the leading provider of franchise management software, announced the release of its FranConnect Franchise Sales Index Report for 2020, the most complete and authoritative source of data, analytics and insights into the current state of Franchise sales. Now in its fifth year, the report reveals critical best practices relevant......
Economy Fintech News Robotic Process Automation

IDStrong Offers Free Scan to Check Identity Theft Exposure

Fintech News Desk
As the FTC receives a record number of complaints regarding scams involving COVID-19, IDStrong, a premier credit and identity theft monitoring company is offering a free threat-level scan that can help consumers evaluate their exposure before enrolling in a monitoring product. “Nobody wants to pay for a subscription-based product that they......
Artificial Intelligence Banking Economy Fintech News

The Number of Banking Executives Saying New Technologies Will Drive Global Banking Rises by 57% in a Year, Reveals Economist Intelligence Unit Report Released by Temenos

Fintech News Desk
Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos, the banking software company.......
Economy Fintech News

Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond

Fintech News Desk
Small businesses must be helped by fintechs to lessen shock of worldwide pandemic The COVID-19 pandemic has severely crippled the global economy. While social distancing measures have been vital to securing people’s lives and enabling effective governmental responses to the pandemic, Fintechs SMEs around the world have been hit hard......
Banking Business Economy Fintech News

Small Business Loan Approval Rates Rebounded in May 2020: Biz2Credit Small Business Lending Index

Fintech News Desk
Improvement in Approvals for Companies Applying for Non-CARES Act Loans The approval percentage for small business loan applications at big banks ($10 billion+ in assets) rebounded from just 8.9% in April to 11.5% in May, according to the Biz2Credit Small Business Lending Index™ released . Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership......
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