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IDnow reports 250% increase in fraud attempts since the beginning of the COVID-19 pandemic - detection remains very good
Fintech News

IDnow Integrates eID Service from AUTHADA Into its Platform

Fintech News Desk
by Fintech News Desk0
IDnow platform will be expanded to include the eID service. In addition to video identification and the AI-based AutoIdent solution, IDnow will now also offer IDnow eID, a quick and user-friendly way to identify people using the online functionality of their ID card with their smartphone. An NFC-enabled smartphone can even......
Santander UK Wins Multiple Industry Awards for Innovation in Digital Banking With nCino
Banking News

nCino Expands Its Lending Capabilities With Integration To J.D. Power Valuation Services

Fintech News Desk
by Fintech News Desk0
Addition Enables Quick and Accurate Vehicle Valuations in a Single System Without the Need to Rekey Data nCino, the worldwide leader in cloud banking, announced that it is collaborating with J.D. Power, a global leader in consumer insights, advisory services and data and analytics, to integrate J.D. Power Valuation Services......
Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing
Fintech Funding News

Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing

Fintech News Desk
by Fintech News Desk0
Avianca Informed Today That It Has Successfully Reprofiled Substantially All of Its Debt and Lease Obligations, Consistent With the Financing Plan It Laid out in June of This Year United and Kingsland Have Funded Their Previously-Disclosed USD $250 Million Commitment, Investing in Four-Year Senior Secured Term Loans Which Are Mandatorily......
Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years
Fintech News

Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years

Fintech News Desk
by Fintech News Desk0
After Hitting an 18-Year Low in Q4 2018, Refinance Lending Has Nearly Doubled (+94%) over the past Three Quarters Rate/Term Refinance Lending — Business That Is Typically Easier for Lenders/Servicers to Retain – Is Five Times Where It Was in Q4 2018, Driven by Recent Vintage Borrowers Seeking to Lower......
Companies Embrace AI, but Senior Executives Cite Challenges on Alignment, Ethics
Artificial Intelligence News

Companies Embrace AI, but Senior Executives Cite Challenges on Alignment, Ethics

Fintech News Desk
by Fintech News Desk0
New Survey Data from GLG Reveals That Most Businesses Do Not Coordinate AI Use Across Departments or Take Key Measures to Manage Ethical Concerns. A new survey of senior executives issued today by GLG shows that corporate America is increasingly using AI, and executives anticipate that they will use it even......
Republic Provides a $1.5 million Facility to a Midwestern Transportation Company
Fintech News

Republic Provides a $1.5 million Facility to a Midwestern Transportation Company

Admin
by Admin0
Republic Partnered with a Turnaround Consulting Firm to Provide a Receivables Line of Credit to Help Support the Trucking Firm’s Growth When an Intermodal trucking company needed to refinance its existing line of credit, they sought out Republic Business Credit (“Republic”) to meet their growth needs. Republic provided a 92% advance rate to......
Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients
Banking News

Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients

Admin
by Admin0
Bank of America announced the expansion of unlimited commission-free online stock, ETF and option trading to all Merrill Edge Self-Directed investors. Zero-dollar trades, together with the firm’s powerful combination of personalized guidance, straightforward tools, professional expertise and the industry-leading Preferred Rewards program, ensure Bank of America and Merrill clients can pursue their......
Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards
Banking News

Discover Cardmembers Can Now Access Their Accounts Through Amazon Alexa

Fintech News Desk
by Fintech News Desk0
Discover announced that cardmembers can access their credit card accounts with the power of their voices through Amazon Alexa. The new Discover skill for Alexa offers customers a convenient and hands-free way to access account information, including their recent transactions, available credit, current balance, rewards category information and payment due......
Payrailz Promotes Song Nunnallee to VP of Implementation
Banking News

Payrailz Promotes Song Nunnallee to VP of Implementation

Admin
by Admin0
Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced the promotion of Song Nunnallee from director to vice president of implementations to further emphasize the company’s commitment to providing exceptional customer service. In this expanded role, and reporting to Payrailz’ COO Paul......
Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
Artificial Intelligence News

Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners

Fintech News Desk
by Fintech News Desk1
FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6 million dollars, led by Impression Ventures, with participation from BMO Capital Partners, Anges Québec and strategic partners. Credit card issuers report that 24% of recurring credit card transactions are falsely declined,......
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