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Banking Business News

New doxoINSIGHTS Report: U.S. Households Pay $577 a Year in Hidden Bill Pay Costs

Fintech News Desk
Latest doxoINSIGHTS data exposes the hidden bill pay costs that damage household financial health and amount to over $74B in annual consumer expenses doxo, the innovative web and mobile bill pay service, today released its newest doxoINSIGHTS statistical report: The Hidden Costs of Bill Pay. Each year U.S. households spend over......
Socure Unveils Sigma Synthetic Fraud, a New Way to Identify and Combat Synthetic Identity Fraud
Fintech News

Socure Research Report Finds a 134% Increase in New Account Fraud Attempts Since the Beginning of the COVID-19 Pandemic

Fintech News Desk
First fraud report released by Socure supports that the lure of “free money” drove new account fraud attacks while mapping the timeline of COVID-era market events to spikes Socure, the leader in Day Zero digital identity verification announced the release of its first fraud report, “How COVID-Era Government Aid Impacted......
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European FinTech Unicorns to Watch Out For, and Why!

Fintech News Desk
Europe has always been a financial powerhouse, and its stature in the global economy is affirmed by the fact that 12% of 421 unicorns globally are established in Europe. A large number of these unicorns are engaged in the Fintech Industry. European FinTech Unicorns are private technology companies that have......
FICO Data: UK Consumers Struggled to Reach Lenders About Payment Problems in Pandemic
Fintech News

FICO Holds Free Virtual Financial Education Event to Help Empower Raleigh and Durham Consumers

Fintech News Desk
Leading analytics software firm FICO, will host a free financial education online event for Raleigh and Durham on July 16 to provide consumers with knowledge and tools to gain better insight into their financial health. Senator Thom Tillis will be a special guest to discuss about the importance of financial education for the community. Read More: GlobalFintechSeries Interview......
Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods
Fintech Mobile Banking News

Rapyd Launches All-In-One Payment Integrated Solution in Mexico

Fintech News Desk
Rapyd, a global Fintech as a Service company, announced the launch of a single “full-stack” integrated local payment solution in Mexico, allowing local and global companies access to every local payment method through one convenient API, contract, and reconciliation service. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA......
Jack Henry Wins 2020 FinTech Breakthrough Award for Best Banking Infrastructure Platform
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Jack Henry Wins 2020 FinTech Breakthrough Award for Best Banking Infrastructure Platform

Fintech News Desk
Jack Henry & Associates, is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry announced today that JHA OpenAnywhereTM received the Best Banking Infrastructure Platform Award from FinTech Breakthrough, an independent organization that recognizes the top companies, technologies, and products in the global fintech market. Read More: Simple......
Pintec Announces Industrial and Commercial Bank of China’s Successful Implementation
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Pintec Announces Industrial and Commercial Bank of China’s Successful Implementation

Fintech News Desk
 Pintec Technology Holdings Limited, a leading independent technology platform enabling financial services in China, announced an update on its cooperation with Industrial and Commercial Bank of China (“ICBC” or the “Bank”).  ICBC has adopted and implemented Pintec’s SME risk management solutions for its micro- and small-sized (“SME”) lending business, further......
Focus On Financial Services: Praxent Pivots To Leverage 20 Years' Experience
Fintech InsurTech News

Focus On Financial Services: Praxent Pivots To Leverage 20 Years’ Experience

Fintech News Desk
The Austin-based software modernization expert is purpose-built to help financial services brands win Praxent celebrates 20 years in custom software development with new leadership roles and new strategic specialization. Calling all financial services brands — from wealth management to lending, insurance, and real estate — Praxent is the software modernization......
Capital on Tap Partners With Marqeta for Expansion to Spain
Lending News

Capital on Tap Partners With Marqeta for Expansion to Spain

Fintech News Desk
Capital on Tap to offer a new credit card lending programme to Spanish SMEs using Marqeta’s modern card issuing platform Marqeta, the leading global modern card issuing platform, announced it has helped one of the UK’s fastest-growing companies, Capital on Tap, to expand its small business credit lending services to......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Fintech Fintech Funding Investment Services News

BizCapital Raises $12 Million in Financing Round

Fintech News Desk
BizCapital, a Brazilian SME online lender has just raised a Series B financing round of $12 million led by the German development finance institution DEG, a subsidiary of  KfW Group, Germany’s promotional bank. The round reinforces investors’ confidence in BizCapital’s ability to innovate in the Latin American credit market amid challenging circumstances caused by......
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