Category : Finance

Banking Finance News

Financial Data Exchange (FDX) Reports 16 million Consumers Now Using FDX API

Fintech News Desk
by Fintech News Desk0
U.S. & Canada now lead the world in open banking and open finance API adoption through industry-led technical standards body The Financial Data Exchange (FDX) today reported that 16 million North American consumers are now using its FDX API for open banking and open finance data sharing. This milestone solidifies the......
Banking Finance Fintech News

Vancity Joins Global Net-Zero Banking Alliance as Founding Signatory

Fintech News Desk
by Fintech News Desk0
Mark Carney, UN Race to Zero Campaign and COP26 Presidency launch net-zero banking alliance to deliver Paris Agreement goals with collaboration, rigour, and transparency Vancity is first, and so far only, Canadian FI to join the alliance  To reinforce its long-standing commitment to environmental leadership in the finance sector and......
Digital Finance News

Snap Finance Partners With Affirm to Expand Pay-Over-Time Financing Options for Retailers

Fintech News Desk
by Fintech News Desk0
Retailers in the U.S. can now offer expanded payment access to customers Snap Finance (Snap), provider of fast, flexible, pay-over-time digital financing options, announced a new partnership with Affirm, a transparent alternative to credit cards. Retailers using Snap can now seamlessly integrate Affirm’s additional financing options to capture more revenue from......
Finance News

CURevl and United Heritage Credit Union Team Up to Help Members Save Money

Fintech News Desk
by Fintech News Desk0
CU REVL LLC (CURevl) announced the launch of a custom education refinance product for United Heritage Credit Union of Austin, TX. CURevl is committed to helping credit unions create competitive student loan solutions to serve their existing membership and attract new ones. “I am proud to say that we have......
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
by Fintech News Desk0
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
Business Finance Fintech News

VentureRock Is Launching A $300M Fund-of-Funds in Abu Dhabi – Supported by The Private Investment Group

Fintech News Desk
by Fintech News Desk0
VentureRock – Impact Venture Builder and ecosystem of entrepreneurs, investors and startup experts, is launching a $300M Fund-of-Funds in Abu Dhabi – supported by The Private Investment Group, to encourage and grow the market-leaders that will shape the world of tomorrow DeepTech, CleanTech, HealthTech and Smart City technology. From this new Fund-of-Funds, VentureRock will invest......
Finance News

Oxford Finance Closes $50 Million Credit Facility with Mainstay Medical

Fintech News Desk
by Fintech News Desk0
Mainstay Medical is focused on commercializing an implantable neurostimulation system for the treatment of chronic low back pain Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $50 million senior secured term loan......
Digital Featured Finance Fintech News

Embrace Cloud, Analytics & Modeling to Improve Finance’s Response to the Pandemic

Sudipto Ghosh
by Sudipto Ghosh0
Latest Report Finds Cloud, Analytics and Modeling Key to Improving Cost-Efficiency in the Finance Department Latest technologies like Cloud, Analytics and Automation are imparting a transformative effect on all the business verticals, especially on Marketing, Sales, Finance and HR. According to Gartner, IT spending on Cloud computing would further improve......
Finance Fintech News

DirectBooks Continues Platform Expansion to Include Euro and Sterling Investment Grade Deals

Fintech News Desk
by Fintech News Desk0
Announces Appointment of Head of Europe DirectBooks™, the capital markets consortium founded to optimize global financing markets, today announced the launch of Euro and Sterling Investment Grade deal announcements on the DirectBooks platform. The DirectBooks platform launched in Q4 2020 with deal announcement functionality for U.S. Dollar Investment Grade issuances......
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