Category : Finance

Cloud Finance Fintech News

CaixaBank Boosts Digital Capabilities with IBM Cloud for Financial Services Onboards to New IBM Cloud Multizone Region in Spain

Fintech News Desk
– IBM’s new Cloud Multizone Region (MZR) is designed to help European companies accelerate the development of intelligent workflows based on IBM’s hybrid cloud approach and RedHat OpenShift in a secured environment. – CaixaBank onboards IBM’s MZR to speed-up its hybrid cloud adoption. – The bank embraces IBM Cloud for......
Finance Fintech News

HFS Research Commends Capgemini on Its TechnoVision 2021 Framework for Financial Services

Fintech News Desk
Capgemini has been recognized by HFS Research in its recently released report, entitled HFS Highlight: Capgemini’s Financial Services TechnoVision 2021 framework is more than meets the eye. HFS has applauded Capgemini’s deep data-driven approach to track and understand the course of technology trends and applied adoption in this sector supported by Capgemini’s Tech Radar,......
Finance News

59% Of Brits Willing To Pay More For Extra Health And Safety Measures At An Event, Finds New Elevate Research

Fintech News Desk
Separate areas for ‘bubbles’ and table service are top-ranked options Gen Z more cautious around large events than any other generation in the UK Global staffing partner for brand experiences, Elevate, has conducted consumer research across the UK, USA, France and Germany, revealing consumer levels of post-pandemic confidence when it comes......
Finance Fintech News

Grow Credit Secures $106 Million to Offer Banks, Apps, Websites, and Employers a Platform

Fintech News Desk
Grow Credit, a Black-owned financial inclusion platform, which partnered with MasterCard last year to help consumers leverage their subscription payments to build credit for free on Equifax, Transunion, and Experian, announced today that it has raised a $106.3 million financing seed round, comprised of $6.3 million in equity financing from various investors......
Business Finance News

Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders

Fintech News Desk
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.8% in July 2021 to 13.9% in August, up by three-tenths of a percentage from one year ago. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business  “Small businesses are again borrowing to improve......
Finance Fintech News

Financial Fitness for Life Announces Partnership With LifeCents for Financial Wellness Technology

Fintech News Desk
The union gives individuals access to quality, curated financial wellness guidance from leading industry experts Financial Fitness for Life (FF4L) is pleased to announce its new partnership with LifeCents to deliver customized financial wellness solutions to the American worker. By joining forces, the two companies are strengthening their efforts to improve employees’ financial......
Analytics Featured Finance News Property

U.S. House Prices Rise 17.4 Percent over the Last Year; Up 4.9 Percent from the First Quarter

Fintech Analyst
U.S. house prices rose 17.4 percent from the second quarter of 2020 to the second quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.9 percent compared to the first quarter of 2021. FHFA’s seasonally adjusted monthly index for June was up 1.6 percent from May.......
Finance Fintech News

GlobalData Predicts Future Robotics Unicorns

Fintech News Desk
Right from healthcare, customer service, security patrols, and education & entertainment, startups are offering robotics-enabled solutions ranging from last mile delivery to industrial automation. Against this backdrop, the Unicorn Prediction Model of GlobalData, a leading data and analytics company, has released a list of 50 robotics startups that have the potential......
Analytics Finance Fintech Guest Posts InsurTech

Digital is Changing the Game in the Mortgage Industry

Jay Nair
The mortgage industry relies on digitalization to bring home a number of powerful benefits ranging from better decisions and immersive customer journeys to efficiencies and cost savings. The pandemic has greatly accelerated this game plan. With Central banks, the world over, lowering interests to stimulate slumping economies, mortgage volumes hit......
Finance News

Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program

Fintech News Desk
KeyCorp announced that KeyBank has sold its indirect retail auto loan portfolio and that KeyCorp has entered into an accelerated share repurchase (ASR) program. “We are committed to returning capital to our shareholders and our share repurchase program is an important part of that commitment,” said Don Kimble, Chief Financial Officer......
1