Search Results for: COVID-19 crisis

82% Indians bear financial brunt of COVID-19: IndiaLends survey
Economy Fintech News

82% Indians bear financial brunt of COVID-19: IndiaLends survey

Fintech News Desk
by Fintech News Desk0
 Nearly 72% say they will opt for a personal loan to tide over crisis  A recent survey by IndiaLends, a digital lending platform, has revealed that the pandemic has severely affected the financial health of salaried and professional individuals with 82% of respondents saying they are struggling to make ends......
Barclays US Consumer Bank to Support Communities Impacted by COVID-19
Banking Fintech News

Barclays US Consumer Bank to Support Communities Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Barclays US Consumer Bank announced support to the communities in which the bank operates to respond to hardships created by the COVID-19 pandemic. Assistance will be allocated to nonprofit organizations in Delaware, Nevada and Ohio that provide food, shelter and assistance to vulnerable populations, aid to first responders on the......
Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
LendingClub Launches COVID-19 Focused Member Center to Help Members Regain Control of their Finances
Fintech News

LendingClub Launches COVID-19 Focused Member Center to Help Members Regain Control of their Finances

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation, America’s largest online lending marketplace connecting borrowers and investors, officially launched the Member Center, one centralized location where personal loan members can find assistance and support while managing their financial lives through the novel coronavirus (COVID-19). Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec......
Banking Fintech Guest Posts

How the Crisis-Fuelled Digitization of Banks Will Spark Long-Term Customer Loyalty

Meenaz Sunderji
by Meenaz Sunderji0
In the wake of COVID-19, most industries are adjusting their processes, operations and offerings to help support the needs of their customers. The steps organizations take now could lay the foundation for the next several years. For example, all eyes are on the banking industry. As the world navigates the......
Linqto's Global Investor Conference Focuses on Female-Founded Businesses Thriving During COVID-19
Blockchain Business Fintech Investment Services News

Linqto’s Global Investor Conference Focuses on Female-Founded Businesses Thriving During COVID-19

Fintech News Desk
by Fintech News Desk0
The event will highlight female leaders in business and host a fireside chat with Jesse Draper of Halogen Ventures The Global Investor Conference will be held virtually on June 2, 2020, and focus on female-founded and female-led companies thriving amid COVID-19. Sixteen companies were chosen from hundreds of applicants, representing the best of......
ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking
Artificial Intelligence Big Data Fintech News

ThetaRay Launches FAST START to Accelerate Financial Crime Investigations as Solution to Covid-19 Pressures

Fintech News Desk
by Fintech News Desk0
AI-based Big Data Analytics Leader Committed to Protecting Banks Affected by Health Crisis ThetaRay, the leading provider of AI-based data analytics, announced the launch of FAST START, a new offering designed to address the needs of financial institutions during the uncertainty of the Covid-19 pandemic. FAST START packages the power......
Kofax Transforms Accounts Payable Workflows with Intelligent Automation
Fintech News Robotic Process Automation

Kofax Customer Rabobank Innovates RPA Robot to Automate Government Relief on COVID-19 Related Loan Repayments

Fintech News Desk
by Fintech News Desk0
Built in just five days, the robot saves 50,000 hours of work by automatically updating loan documents with modified loan repayment terms Kofax, a leading supplier of Intelligent Automation software to digitally transform end-to-end business processes, announces Netherlands-based Intelligent Automation customer, Rabobank, has just developed a number of innovative Robotic......
Huobi University Looks to Partner with Experts To Reboot Global Blockchain Leadership Program After Covid-19 Pandemic
Blockchain Fintech News

Huobi and UN-Sanctioned NGO Launch Joint COVID-19 Charity Campaign

Fintech News Desk
by Fintech News Desk0
Huobi Charity, the philanthropic arm and blockchain-based charity platform of Huobi Group, announced a joint initiative with the Finance Center for South-South Cooperation (FCSSC), a non-profit international organization in Special Consultative Status with ECOSOC of the United Nations. To support coronavirus relief efforts in South-South countries, Huobi has launched a 15-day......
Emirates Launches Its First US Cobranded Credit Card in Partnership with Barclays
B2C Business Capital Markets Fintech News Risk Management

Barclays Partners with Trusted Non-Profits Across the Americas to Deliver Relief Through $125m COVID-19 Community Aid Package

Fintech News Desk
by Fintech News Desk0
13 non-profits, providing services across the USA, Canada and Mexico, are latest to receive funds from Barclays’ COVID-19 Community Aid Package Barclays announces the latest charity partners in the Americas that the firm will be supporting through its $125 million (£100 million) COVID-19 Community Aid Package. Read More: Blockchain Valley......
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