Search Results for: cash flow management

Zūm Rails Offers Enhanced Payment Security for Real-time Payments
Banking Digital Payments News

Zūm Rails Offers Enhanced Payment Security for Real-time Payments

Fintech News Desk
by Fintech News Desk0
Zūm Rails, a leader in open-banking and intelligent payment software, announced a new set of anti-fraud tools to enhance the security of its Instant Deposit feature. Instant Deposit, enabled by Visa Direct, Visa’s real-time push payments platform and made available through Zūm’s financial institution, allows users to send and receive......
Wipro and First Horizon Bank are Building A Cloud-based Fintech Future for VirtualBank
Banking Digital Fintech News

Wipro and First Horizon Bank are Building A Cloud-based Fintech Future for VirtualBank

Fintech News Desk
by Fintech News Desk0
The partnership enables a seamless transition to the cloud ecosystem and the integration of new fintech functions Wipro Limited, a global leader in information technology, consulting and business process services, is partnered entered into with Tennessee-based First Horizon Bank (FHN) to transform VirtualBank’s core banking channels and service capabilities. VirtualBank......
ForwardAI
Fintech News

ForwardAI Announces PreciseMatch, an Intelligent Transaction Mapping Technology That Validates the Integrity of Accounting Data for Banks, Fintechs and Lenders

Fintech News Desk
by Fintech News Desk0
Utilizing Accounting and Banking Data, PreciseMatch Improves Confidence in Small Business Underwriting ForwardAI, a fintech providing aggregated access to business & accounting data and analysis, introduced PreciseMatch™, an intelligent transaction mapping technology that automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.......
TomoCredit Raises $10 Million in Series A Funding to Help Build Credit for First Time Borrowers
Fintech News

TomoCredit Raises $10 Million in Series A Funding to Help Build Credit for First Time Borrowers

Fintech News Desk
by Fintech News Desk0
The FICO-free credit card brings increased diversity to the consumer credit industry with a focus on cash flow, not on credit scores for customers TomoCredit, a fintech company offering a credit card focused on building a credit history for first-time borrowers, announced a $10 million Series A funding round led......
Hilco Global Mexico Appointed Primary Servicer of Major Payroll Loan Company in Mexico
Banking News

Hilco Global Mexico Appointed Primary Servicer of Major Payroll Loan Company in Mexico

Fintech News Desk
by Fintech News Desk0
Hilco Terracota, a subsidiary of Hilco Global and Hilco Global Mexico, was appointed as the Primary Servicer of one of the major Payroll Loan Companies in Mexico and Colombia (the “Company”).  The Company has recently filed for Chapter 11 Bankruptcy in the US and Mexico and is undergoing a major restructuring process.  As part of the Company’s restructure, most......
Peak Fintech Acquires Heartbeat Insurance Platform and Brings Analytics and AI Expertise to Insurance Industry
B2B Banking Fintech News

Peak Fintech Acquires Heartbeat Insurance Platform and Brings Analytics and AI Expertise to Insurance Industry

Fintech News Desk
by Fintech News Desk0
Peak Fintech Group Inc., an innovative Fintech service provider and manager of the Cubeler Business Hub, announced that it has acquired the assets of Huayan Kun Tai Technology Company Ltd. (“Huayan”), a private company that provides various SaaS (software as a service) solutions to insurers and insurance brokers in China.......
Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders
Business Finance News

Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.8% in July 2021 to 13.9% in August, up by three-tenths of a percentage from one year ago. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business  “Small businesses are again borrowing to improve......
Canadian Chamber of Commerce Chooses Elavon as Referral Partner for Members Seeking Payment Services
Digital Payments News

Canadian Chamber of Commerce Chooses Elavon as Referral Partner for Members Seeking Payment Services

Fintech News Desk
by Fintech News Desk0
The Canadian Chamber of Commerce – a champion of small businesses through more than 450 local chambers representing more than 200,000 Canadian businesses – has selected Elavon to be its referral partner, providing members a simple, secure and reliable way to accept payments from their customers. “Demand for contactless payment......
Jetty Introduces New Flexible Rent Payment Product and Raises $23 Million
Digital Payments Fintech News

Jetty Introduces New Flexible Rent Payment Product and Raises $23 Million

Fintech News Desk
by Fintech News Desk0
Fintech Platform Adds Latest Offering for Renters Jetty, the financial services company on a mission to make renting a home more affordable and flexible, announced the launch of Jetty Rent, a new product that removes the cost burden of expensive late fees by giving renters the flexibility to choose when......
Nuula Secures $120 Million in Funding to Reinvent Financial Services for Small Businesses
Fintech News

Nuula Secures $120 Million in Funding to Reinvent Financial Services for Small Businesses

Fintech News Desk
by Fintech News Desk0
Backed by Edison Partners and a credit facility provided by funds managed by Ares Management Corporation, Nuula is a mobile-first financial services platform for the next generation of small business owners Nuula, a fintech company focused on small businesses, announced $120 million in new funding. The total is made up......
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