Category : Investment Services

Banking Fintech Investment Services News

Fibank Customers Will Have the Possibility to Reschedule Their Repayments for Reasons Related to COVID-19

Fintech News Desk
by Fintech News Desk0
With regard to measures taken by European and national institutions to encourage banks to continue their financing activities and provide the necessary support to households and businesses experiencing temporary difficulties, Fibank (First Investment Bank) will allow its customers to defer payments on loans if they themselves or their business are......
Cryptocurrency Fintech Investment Services News

Investments Soar on Cryptocurrency Company Ternio

Fintech News Desk
by Fintech News Desk0
Investment demand from retail investors quickly surpassed $350,000 and continues to climb. More than 1,300 investors have participated in Ternio’s first equity offering and less than 50 days remain until the opportunity to invest is closed Ternio, a startup enabling the use of blockchain technology to interoperate with the existing......
Fintech Investment Services News

Bacchus Capital Leads Recent Consolidation in Global Gold Sector

Fintech News Desk
by Fintech News Desk0
Bacchus Capital advising Nordgold on its acquisition of strategic stake and A$227m pre-conditional proposal to acquire ASX listed Cardinal Resources Bacchus Capital Advisers, the independent investment and merchant bank specialising in cross border public market M&A, is advising Nordgold, a one million ounce internationally diversified gold miner, on the acquisition......
Artificial Intelligence Fintech Investment Services News

The Value in Machine Learning Alternative Data for Investment Managers

Fintech News Desk
by Fintech News Desk0
CloudQuant LLC has proven the value in the Precision Alpha Machine Learning Signals (PA Signals) alternative data set. Its detailed data science study shows a long-short portfolio outperforms the equal-weight S&P 500 ETF by an average of 37.9% per year after transaction costs. CloudQuant found that over 91.5% of the......
Fintech Investment Services News

Qontigo Releases Enhanced North America Equity Factor Risk Model

Fintech News Desk
by Fintech News Desk0
Qontigo, an investment intelligence leader and provider of best-of-breed analytics and world-class indices, has announced the release of the Axioma North America Equity Factor Risk Model (AXNA4). This next generation model includes additional market factors for superior performance and risk attribution analysis. The new AXNA4 model covers roughly 10,400 securities......
Fintech Investment Services News

KinerjaPay Corp CEO Invests $1,000,000 to Accelerate Lending Platform Growth

Fintech News Desk
by Fintech News Desk0
KinerjaPay Corp announced that Mr. Edwin W. Ng, the Company’s Chairman & CEO is investing $1,000,000 into the Company. Mr. Ng stated “I decided to inject my own capital from recent asset sales to jumpstart our micro-lending operation, using our KFUND platform. The opportunity for the Company to rapidly grow in Indonesia’s alternative lending market is......
Business Fintech Investment Services News

Wirecard and Klarna Launch Joint Payment Solution for Merchants

Fintech News Desk
by Fintech News Desk0
Wirecard embeds all three Klarna payment methods into merchants’ checkout – via a single integration – and processes all payments Wirecard, the global innovation leader for digital financial technology, and Klarna, a leading global payments and shopping provider, announced the launch of a new enhanced joint payment solution. All three......
Banking Fintech Radar Fintech Startups Investment Services News

Ignite Sales Names Juan Sistachs to Lead Company’s Sales and Partnerships

Fintech News Desk
by Fintech News Desk0
Experienced industry veteran joins team to build upon Ignite’s rapid growth Ignite Sales, Inc., the financial industry leader in customer engagement technology, announced Juan Sistachs is its new Executive Vice President, Financial Institutions. In this role, Sistachs will be responsible for growing sales through an expanding direct sales force and......
Artificial Intelligence Banking Investment Services Lifestyle News

Finantix Acquires InCube, a Swiss AI and Data Science Company Dedicated to Wealth Management and Insurance

Fintech News Desk
by Fintech News Desk0
Finantix, a leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant and software engineers and finance experts......
Fintech Investment Services News

Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

Fintech News Desk
by Fintech News Desk0
CEO David Chan announces company on-track to financially break-even on operational cash flow later this year following intensive period of strategic re-focus International online direct lender and Point-of-Sale (POS) financing provider Kreditech announced it is rebranding its name to Monedo, as it looks to further grow its position in the......
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