Category : Economy

Economy Fintech News

goPeer Makes Responsible Lending Accessible to all Canadians

Fintech News Desk
Fintech Startup Launches Online Platform Allowing Canadians to Invest in Personal Loans(goPeer )  Modern lending has landed in Canada. goPeer, a financial technology startup, announced the public launch of their digital lending platform. goPeer connects creditworthy Canadians seeking a loan with people looking to invest, disrupting the traditional lending model through......
Blockchain Cryptocurrency Economy Fintech News

Sperax Accelerates DeFi Adoption With Trusted Blockchain Protocol and Unique Token Economics

Fintech News Desk
Sperax, a Silicon Valley-based blockchain company, is building a trusted blockchain infrastructure and deploying unique token economics for a scalable decentralized economy. Read More: Curb Debuts Taxi PaaS Solution with City of Chicago to Enable E-hailing and Mobile Payments for Wheelchair Accessible Vehicles Built on a trusted blockchain infrastructure, Sperax......
Banking Economy Fintech News

R8 Relaunches as Mode and Appoints Ex Alipay Exec Rita LIU

Fintech News Desk
UK fintech R8 is rebranding as Mode in order to bring together the Group’s separate businesses under one common identity. Mode has also announced the appointment of ex-Alipay executive, Rita Liu, to the leadership team. Rita will help advance the Group’s vision of transitioning the world to a truly digital......
Economy News

SoFi Gig Economy ETF up over 100% Since March Low

Fintech News Desk
SoFi announced today that its SoFi Gig Economy ETF (GIGE) reached a new 52-week high on August 26, 2020, closing at a price of $28.09. As of yesterday’s close, GIGE has more than doubled (101.8%) off its 52-week low of $13.92 on March 16th. GIGE is in the top 30 of best-performing equity ETFs in......
Economy Fintech News

EML Signs Contract with Laybuy to Launch 0% Interest Buy Now Pay Later Solution in Australia With Plans for the UK

Fintech News Desk
EML Will Enable Laybuy’s Market-disrupting BNPL Digital Product EML PAYMENTS LIMITED agreement with Laybuy for a digital card exclusively issued by EML allows for rapid access to retailers in-store and online across Australia with plans for the UK through an impressive mobile-ready Buy Now Pay Later payments model. Purchases can......
Economy Fintech InsurTech News

Good Life Companies Recruits $150 Million In Client Assets With Two Newly Added Financial Advisor Businesses To Its Platform

Fintech News Desk
 Good Life Companies, one of the nation’s fastest-growing independent hybrid RIA firms, announced the successful recruitment of two independent financial advisor businesses to its platform with approximately $150 million in total client assets.  Former bank channel financial advisor Paul Castro has launched Pathway Wealth Management, an independent practice affiliated with Good Life Companies. ......
Economy Fintech News

Penn Community Bank Selects Moody’s Analytics to Automate CECL Workflow

Fintech News Desk
Moody’s Analytics announced that Penn Community Bank has selected the ImpairmentStudioTM solution to support its adoption of the Current Expected Credit Loss (CECL) accounting standard. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers Penn Community Bank selects Moody’s Analytics to automate its CECL workflow Banks and credit......
Economy Fintech News

Huobi DeFi Labs Launches Global Alliance to Expand the Decentralized Financial Ecosystem with Cross-Border Collaboration

Fintech News Desk
The alliance’s founding members include Huobi, the Maker Foundation, Compound, Nest, and dYdX Huobi DeFi Labs, Huobi Group’s newly-formed decentralized finance (DeFi) division, announced the launch of the Global DeFi Alliance, an international consortium of centralized and decentralized financial service providers and platforms. The alliance was initially joined by Huobi in......
Business Economy Fintech Guest Posts

COVID-19 and Automation are Changing Finance for Good

Zuora AndAvalara
It’s been more than three months since the World Health Organization declared COVID-19 a global pandemic. Since then, communities have joined together to “flatten the curve” by closing buildings, limiting social interaction, and increasing testing. Similarly, the business landscape has been hit by massive changes. Organizations across all industries –......
Cryptocurrency Economy Fintech News

LCX and Chainlink Collaborate to Provide Credible Reference Prices for Cryptocurrencies

Fintech News Desk
LCX and Chainlink are collaborating to provide transparent and verifiable reference price services for decentralized finance applications (DeFi) and the token economy. LCX has developed its own proprietary data generation methodology and as a data-provider will publish its reference prices and accompanying methodology on the blockchain using Chainlink’s decentralized price oracle......
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