Category : Fintech

Banking Fintech

Finicity Awarded Best Company Culture for 2019 From Comparably

Fintech News Desk
Fintech once again ranked on Comparably’s Best Places to Work Awards Finicity, a provider of real-time financial data access and insights, announced that it has been ranked for having the Best Company Culture in the Comparably 2019 Best Places to Work Awards. The Best Company Culture category is a reflection......
Fintech News

IDnow Integrates eID Service from AUTHADA Into its Platform

Fintech News Desk
IDnow platform will be expanded to include the eID service. In addition to video identification and the AI-based AutoIdent solution, IDnow will now also offer IDnow eID, a quick and user-friendly way to identify people using the online functionality of their ID card with their smartphone. An NFC-enabled smartphone can even......
B2C Fintech News

Hebron Announces $6.5 Million Private Placement

Fintech News Desk
Hebron Technology Co., Ltd. , a developer, manufacturer and installer of valves and pipe fittings for use in the pharmaceutical, biological, food and beverage, and other clean industries, announced that it has entered into a definitive share purchase agreement (the “Agreement”) with two institutional investors, Jupiter Trading Co., Ltd (BVI)......
Fintech News

Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years

Fintech News Desk
After Hitting an 18-Year Low in Q4 2018, Refinance Lending Has Nearly Doubled (+94%) over the past Three Quarters Rate/Term Refinance Lending — Business That Is Typically Easier for Lenders/Servicers to Retain – Is Five Times Where It Was in Q4 2018, Driven by Recent Vintage Borrowers Seeking to Lower......
Fintech News

Ledger Vault, Coinstreet Partners And Global Intelligent Trust Collaborate to Launch Digital Asset Custody Service for Digitized Securities, Tokenized Assets & Stablecoins

Fintech News Desk
BMI Coinstreet Digital (BC-Digital), a joint venture between BMI Group & Coinstreet Partners, and Global Intelligent Trust (GIT), a licensed trust company in Hong Kong, announced their collaboration to launch digital asset custody services for initial Tokenized Security Offering (TSO), Digitized Security Offering (DSO), Tokenized Asset Offering (TAO), Security Token Offering......
Fintech News

Republic Provides a $1.5 million Facility to a Midwestern Transportation Company

Admin
Republic Partnered with a Turnaround Consulting Firm to Provide a Receivables Line of Credit to Help Support the Trucking Firm’s Growth When an Intermodal trucking company needed to refinance its existing line of credit, they sought out Republic Business Credit (“Republic”) to meet their growth needs. Republic provided a 92% advance rate to......
Fintech News

Olympus Fintech Introduces Olympus Platform

Fintech News Desk
Innovative, One-Stop Solution Provides Investment Managers Unified Ecosystem of Information and Communication throughout Investment Life Cycle Olympus Fintech, a leading software company creating solutions for public and private market asset managers, announced the launch of its Olympus Platform (the “Platform”), an innovative, one-stop tool that improves operating efficiency for investment......
Business Fintech News

Eastern Union Launches ‘Pooled Loan’ Division

Fintech News Desk
Lenders Will Offer Lower Interest Rates to Borrowers Who Purchase as a Group Eastern Union, one of the country’s leading commercial real estate finance firms, has launched a Pooled Loan division that will deliver below-market interest rates for borrowers. Borrowers will be rewarded with the discounted rates by pooling multiple......
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
Business Fintech News

TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group

Fintech News Desk
Tata Consultancy Services’ End-to-end Compliance Framework, Domain Capabilities, and Investments in Blockchain and Cloud Solutions, Cited as Key Strengths Tata Consultancy Services (TCS) , one of the leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix for Financial Crime......
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