Category : Economy

Business Economy Fintech News

U.S. Jobs Recovery Depends on Small Business, Which Remains Under Great Threat, According to IHS Markit

Fintech News Desk
The U.S. economic recovery will be inextricably tied to the recovery of the small-business sector, according to a new report from IHS Markit, a world leader in critical information, analytics and solutions. Given its substantial footprint in the U.S. economy, any recovery the U.S. economy would benefit from a robust recovery......
Economy Fintech News

Moody’s Analytics Enhances CECL Solution to Assess COVID-19 Impact

Fintech News Desk
Moody’s Analytics has added new capabilities to the ImpairmentStudio™ platform, our Current Expected Credit Losses (CECL) solution, to help financial institutions address the implications of COVID-19 for their loan portfolios. Read More: TerraPay Announces Readiness for the New World by Strengthening Management Moody’s Analytics has added new capabilities to the ImpairmentStudio......
Economy Fintech News Risk Management

FICO Works to Keep Credit Flowing During Uncertain Economic Times

Fintech News Desk
FICO, a global analytics leader, introduced the FICO Resilience Index, an analytic tool that complements the FICO Score and helps lenders, borrowers, and investors make more informed and precise decisions in assessing risk during rapidly changing economic cycles. Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New......
Economy Fintech News

Global Survey Reveals Financial Services Professionals Are Confident in Job Security But Not the Market

Fintech News Desk
Financial services professionals are confident in their job security despite being negative about the economic outlook, according to a new survey by Selby Jennings. Over half (57%) of global respondents feel confident in keeping their jobs over the next six months, despite the majority (62%) foreseeing a worsening economy over the next......
Economy Fintech News

UCLA Anderson Forecast Says U.S. Economy Is in “Depression-Like Crisis” and Will Not Return to Pre-Recession Peak Until 2023

Fintech News Desk
Uncertainty Clouds California Economy; State’s Recovery Will Mirror That of the Nation In its March quarterly forecast, the UCLA Anderson Forecast revised its outlook for the U.S. economy downward because of the expected impact of COVID-19, which was then still being referred to as an epidemic. Two weeks later, as......
Economy Fintech News

Truffle Capital and Tecknowlogy Group Unveil the Results of the 15th “Truffle 100” Ranking

Fintech News Desk
On the face of it, the “Truffle 100” 2020 has drawn the curtain on a decade of continuous growth, which has been abruptly halted by the Covid-19 pandemic: Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers Several records were set in 2019: cumulative turnover for......
Capital Markets Economy Fintech News

RedfinNow Resumes iBuying in Four Additional Metros as Housing Market Continues to Recover

Fintech News Desk
Redfin, the technology-powered real estate brokerage, has resumed buying homes through RedfinNow in four additional markets: Dallas, San Antonio, Los Angeles and Orange County, CA.  RedfinNow, which buys homes directly from homeowners and resells them to homebuyers, paused making offers on homes on March 17 due to economic uncertainty at the outset of the coronavirus pandemic. On May......
Business Economy Fintech InsurTech News

Angie’s List Partners with Thimble to offer Flexible Insurance Options for Small Businesses

Fintech News Desk
Angie’s List, an operating business of ANGI Homeservices, and Thimble have partnered to make liability insurance for Angie’s List pros simple, helping businesses succeed on their own terms. Angie’s List has integrated the Thimble API to offer the insurtech startup’s groundbreaking insurance policies directly via the Angie’s platform to Angie’s List......
Business Economy Fintech News

Galileo Instant Takes Aim at Growing 1099 Payment Landscape

Fintech News Desk
Galileo announced the full launch of Galileo Instant, a frictionless solution for gig-economy, marketplace, ecommerce, fintech and other businesses that want the speed and convenience of creating debit cards through a single point of contact—Galileo. Using Instant, qualified businesses can launch their debit card programs as early as 14 days—start......
Artificial Intelligence Economy Fintech News

Technology Expense Management Gets a Boost Amid COVID-19 Economic Crisis

Fintech News Desk
Tangoe reports growth as enterprises seek greater control of expenses Tangoe, one complete solution for order, invoice, inventory and expense management across telecom, mobile and cloud environments, reported growth, as companies look to take control of expenses and rein in unnecessary spending amid the economic downturn brought on by COVID-19.......
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