Category : Risk Management

Business Fintech Fintech Funding News Risk Management

Lendinero Announces Plan To Help Latino-Owned Businesses With Multiple Funding Options

Fintech News Desk
by Fintech News Desk0
Lendinero, a leading small business finance provider to minorities, announces new funding options for Latino-Owned businesses (LOBs). Lendinero is working in tandem with numerous lenders to facilitate Paycheck Protection Program (PPP), Economic Injury Disaster Loans (EIDL), business lines of credit, and term loans. Lendinero, offers an online platform and agent......
Fintech News Risk Management

Ramp Announces $150M in Debt Financing from Goldman Sachs

Fintech News Desk
by Fintech News Desk0
With its first debt financing round, America’s fastest growing corporate card can serve more customers. Ramp announced $150 million in debt financing from Goldman Sachs to fuel growth for Ramp, a corporate card focused on helping businesses spend less money and automate their finances. Goldman Sachs Bank USA provided the credit line......
Banking Business Fintech Investment Services News Risk Management

TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores

Fintech News Desk
by Fintech News Desk0
Barclays and KB Investment invest in credit card startup that approves first-time borrowers such as international students and young adults, based on real-time cash flow, not credit score TomoCredit, a fintech startup offering a credit card designed to build credit history for first-time borrowers, today announced a $7 million seed......
Banking Fintech Fintech Funding InsurTech News Risk Management

Briza,The Commercial Insurance-as-a-Service API, Closes $8mm Funding Round

Fintech News Desk
by Fintech News Desk0
Briza, the commercial insurance-as-a-service API, announces the closing of an $8MM USD Series A round of funding to dramatically increase the supply of insurance markets available to insurance retailers, wholesalers, and developers through its platform. The $8 million Series A was led by Investment Group of Santa Barbara, with participation......
Banking Business Fintech News Risk Management

Jakub Jurek Joins Varo Bank as Chief Data Officer

Fintech News Desk
by Fintech News Desk0
Varo Bank, the first all-digital nationally chartered bank in the US, today announced that it has named Jakub Jurek as Chief Data Officer. Dr. Jurek brings over 18 years of data expertise both in academia and at a number of disruptive fintechs including Figure Technologies and Wealthfront. Under Dr. Jurek’s......
Business Fintech News Risk Management

iomart Certified as Level 1 PCI DSS Service Provider

Fintech News Desk
by Fintech News Desk0
Protecting cardholder data for customers of cloud and security provider iomart, the managed cloud and security service provider, has announced it has achieved Level 1 Payments Card Industry Data Security Standard (PCI DSS) certification.  Read More: Tactical Solutions vs. Strategic Focus – Why a Long-Term Outlook is Essential for Digital......
Banking News Risk Management

Financial Institutions Say Governments Must Take More Active Role in AML Efforts to Improve Effectiveness: ACAMS Survey

Fintech News Desk
by Fintech News Desk0
Financial institutions welcome plans to regulate firms for anti-money laundering (AML) efficacy but say more input is needed from governmental officials to ensure that their compliance efforts are effective, according to a new global survey of financial crime experts commissioned by ACAMS. The survey, which was launched in partnership with......
Banking Fintech News Risk Management Trading

Mauritius Commercial Bank Taps Windward’s AI Solution to Optimize Trade Finance and Compliance Processes

Fintech News Desk
by Fintech News Desk0
Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business. Windward’s AI-powered solution......
Artificial Intelligence Banking Fintech Investment Services News Risk Management Trading

Cleareye.ai Taps Microsoft Azure For PPP Loan Processing Engine

Fintech News Desk
by Fintech News Desk0
Cleareye.ai, a leading fintech platform that transforms banks into hyper-agile organizations, today announced it is collaborating with Microsoft. Cleareye.ai’s enterprise-ready platform will use Microsoft technology to power its products, starting with the PPP Loan Forgiveness Processing Engine, which will be powered by Microsoft Azure. This offering is a Microsoft Azure......
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