Category : Finance

Blockchain Finance News

Chainlink Announces Cross-Chain Interoperability Protocol (CCIP)

Fintech News Desk
by Fintech News Desk0
$16 billion lending giant Celsius Network commits to CCIP for Cross-Chain DeFi Solution Chainlink introduced the Cross-Chain Interoperability Protocol (CCIP), a new global standard for decentralized inter-blockchain messaging, data, and token movements. CCIP will be available through Chainlink, the world’s most widely adopted decentralized oracle network. CCIP provides developers with an......
Finance Fintech News

Quantum Successfully Completes Debt Refinancing

Fintech News Desk
by Fintech News Desk0
New Senior Secured Term Loan Reduces Annual Interest Cash Payments by $4 Million and Provides Significant Covenant and Operating Flexibility Quantum Corporation announced it has completed the refinancing of its senior secured term loan. Following a competitive proposal process, the Company remained with affiliates of the existing lenders and replaced the......
E-commerce Finance News

Mastercard SpendingPulse: Child Tax Credit Helps Lift US Retail Sales Growth

Fintech News Desk
by Fintech News Desk0
In-store sales grew 15.5%, exceeding pre-pandemic levels Retail sales in the U.S. grew for the 11th consecutive month in July, according to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment. With more cash in hand—fueled in part by the Child Tax Credit and pent-up savings—consumers drove......
Banking Finance Fintech News

Pentadata Announces Agreement with Finicity Open Banking Platform

Fintech News Desk
by Fintech News Desk0
Pentadata developer platform to access consumer-permissioned data from Finicity to deliver value-added services to merchants and consumers Pentadata Inc., a leading, secure API-based financial data platform, announced a partnership with Finicity, a leading provider of open banking solutions. Finicity, acquired by Mastercard in 2020, is working closely with Pentadata to......
Finance Fintech News

Nisun International Signs Agreement to Receive Bank Credit Support from China Everbright Bank

Fintech News Desk
by Fintech News Desk0
Nisun International Enterprise Development Group Co., Ltd, a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced that Jilin Lingang Supply Chain Management Co., Ltd, a controlled affiliate of the Company, has signed a cooperation agreement with the Changchun branch of China Everbright Bank Co., Ltd.......
Finance Investments News

CAIS Partners with Buckingham Strategic Wealth to Deepen Learning and Development Opportunities for the Wealth Management Community

Fintech News Desk
by Fintech News Desk0
Partnership broadens CAIS IQ offering with original content to empower financial advisors CAIS, the industry-leading alternative investment and financial education platform, announced a partnership with Focus Financial Partners firm Buckingham Strategic Wealth, LLC (“Buckingham”), an independent Registered Investment Advisory (RIA) firm with approximately $21 billion in AUM and over 40......
Finance Fintech Investments News

29% Of Corporate Users In Kenya Experienced Financial Malware Attacks In The First Half Of 2021

Fintech News Desk
by Fintech News Desk0
Simply put, organisations in Kenya have become susceptible to financial malware as more employees work outside the relative safety of the corporate network Although Kaspersky’s research shows that the overall number of financial malware attacks in Kenya has decreased in the first half of 2021, when compared to the same period......
Artificial Intelligence Finance Fintech News

Driving Minnesota: Drive Appeal to Deploy Scienaptic’s AI Platform to Enhance Credit Accessibility

Fintech News Desk
by Fintech News Desk0
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Drive Appeal has selected its AI-powered platform. The implementation will enable Drive Appeal to approve more loans and enhance the used car financing experience. “Using Scienaptic’s AI, we will be able to make better lending decisions for every single customer. This will make......
Finance Fintech News

Fintech Zeni Announces $34 Million Series B In Wake of 550% Revenue Growth

Fintech News Desk
by Fintech News Desk0
AI-Powered Finance Concierge for Startups Says Growth Accelerated by Rapid Adoption of Digital Finance Solutions AI-powered finance concierge Zeni announced it has raised a $34 million Series B funding round led by Elevation Capital with participation from new investors Think Investments and Neeraj Arora. Zeni has seen 550 percent revenue growth......
Finance Fintech News

Finance Industry Veterans Join Altruist to Make Independent Financial Advice Better, More Accessible, and More Human

Fintech News Desk
by Fintech News Desk0
Grace Mellis joins as Chief Financial Officer and Adam Grealish as Head of Investments, building on strong company growth and significant adoption of its modern RIA platform Altruist, the all-in-one custodial solution for modern financial advisors, announced two powerhouse leadership team hires. Grace Mellis, a former JPMorgan Chase managing director,......
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