Category : Finance

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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech Analyst0
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
by Fintech News Desk0
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
by Jay Nair0
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
by Fintech News Desk0
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......
Finance Fintech News

MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance

Fintech News Desk
by Fintech News Desk0
MonetaGo, a financial technology solutions provider, announced a new platform to combat financing fraud in trade finance on a global level. “Information silos between lenders results in duplicate financing fraud as they often have little insight into whether the client has submitted transactions for financing to other lenders” The world......
Finance Investments News

First Eagle Alternative Credit Appoints Edward Giordano as CFO

Fintech News Desk
by Fintech News Desk0
 First Eagle Alternative Credit, LLC, a leading alternative credit manager, announced the appointment of Edward Giordano as Chief Financial Officer overseeing FEAC’s finance, accounting and operations functions. He succeeds Terry Olson, who retired on June 30, 2021. Giordano joins First Eagle Alternative Credit with more than 15 years of experience......
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