Category : Featured

Analytics Big Data Featured

Lack of Trust Force 50% of Financial Services Organizations to Manage Web Scraping Internally

Sudipto Ghosh
by Sudipto Ghosh0
According to a latest Oxylabs research, financial services organizations are forced to handle data collection and web scraping internally. Reason? These organizations do not trust the third-party companies for handling of their data ops and web scraping. While this is a cause of concern for web data management, one in......
Featured Finance Risk Management

New Report: Robo Advisers are on the March in the MENA Region

Fintech Staff Writer
by Fintech Staff Writer0
One in three wealth managers expect dramatic expansion over the next three years, Oxford Risk research shows Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital only wealth managers, new research for behavioral finance experts, Oxford Risk shows. Its study with......
Compliance management Consumer protection laws Featured Insights

CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot

Fintech Staff Writer
by Fintech Staff Writer0
Today the Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization. The CFPB alleges that Frank Gebase, Jr. controlled a company that took the borrowers’ money after obtaining......
Cryptocurrency Featured News

Luna Inu: A Powerful Meme Coin to Spread Decentralization to the World

Sudipto Ghosh
by Sudipto Ghosh0
The Luna Inu  team is excited to announce its decentralized and revitalized project. The goal of Luna Inu is to promote decentralization, community-based workflow decision making and company structure, and prevention of scams in the crypto space. Linu is 100% community-owned and decentralized. Linu’s goals are to propel the crypto......
Featured InsurTech News

Acrisure Closes $725 Million Equity Funding, Valuing Business at $23 Billion

Fintech News Desk
by Fintech News Desk0
Valuation represents a 31% increase from last equity round Acrisure, a fast-growing Fintech leader that operates a top-10 global insurance broker, announced it has secured additional funding to fuel its ongoing global expansion further. Acrisure closed $725 million in Series B-2 Preferred Equity and received a $23 billion valuation, representing......
Compliance management Consumer protection laws Featured

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms

Sudipto Ghosh
by Sudipto Ghosh0
Companies relying on complex algorithms must provide specific and accurate explanations for denying applications The Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the creditor is......
Digital Payments Featured

J.P. Morgan Continues to Lead as European Web Transaction Acquirer for the Seventh Consecutive Year

Fintech Analyst
by Fintech Analyst0
The Nilson Report has named J.P. Morgan Payments as Europe’s largest acquirer of card-not-present transactions for the seventh consecutive year.  J.P. Morgan Payments has secured the top spot in The Nilson Report’s European ranking of merchant acquirers in Europe by web-based transactions for the seventh year running. J.P. Morgan processed almost......
Digital Asset Management Featured News

NextPlay Completes Acquisitions of AI-Powered Game Development Platform and Crypto Asset Management Technology

Fintech News Desk
by Fintech News Desk0
NextPlay Technologies, Inc. has completed the previously announced acquisitions of artificial intelligence (AI) game development and crypto asset management technologies that further enhances its digital business ecosystem for digital advertisers, consumers, and video gamers. The company acquired the assets, patents and video game development technology of Fighter Base Publishing, Inc. (FBP) along......
Featured Fintech Fintech Funding News

SMArtX Deepens Strategic Relationship with Morningstar

Sudipto Ghosh
by Sudipto Ghosh0
SMArtX Advisory Solutions (‘SMArtX’),  announced the closure of their Series D round with a $30 million investment by Morningstar Investment Management, LLC , a subsidiary of independent investment research provider Morningstar, Inc. SMArtX is a leading innovator in unified managed accounts (‘UMA’) technology and architect of the SMArtX turnkey asset......
Analytics Featured News

San Jose is The Top City for Small Business in 2022

Fintech Analyst
by Fintech Analyst0
Biz2Credit has identified San Jose as the “Best Small Business City in America,” based on average annual revenues in 2021, credit scores, age of business, and Biz2Credit’s proprietary BizAnalyzer score. BizAnalyzer factors in the local business climate, including rents, labor costs, and local tax rates. Biz2Credit examined the financials of over 82,000 companies that applied for small business loans in 2021, including companies that applied for PPP loans. According......
1