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Tinkoff applies encryption tech from oneFactor to protect client data in AI credit scoring module
Artificial Intelligence Banking Digital Machine Learning News

Tinkoff Applies Encryption Tech From oneFactor to Protect Client Data in AI Credit Scoring Module

Fintech News Desk
by Fintech News Desk0
Tinkoff, one of Europe’s largest and most innovative digital banks, has began using an AI-powered predictive analytics tools, based on combined data from multiple sources, including telecom operators, Russia’s largest credit bureau and Tinkoff itself. This is made possible by the oneFactor platform, which uses a Hardware Security Module (HSM)......
ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
Business Fintech Fintech Funding News

LA-Based SoLo Funds Raises $10 Million to Offer an Alternative to Predatory Payday Lenders

Fintech News Desk
by Fintech News Desk0
SoLo Funds wants to replace payday lenders with a community-based, market-driven model for individual lending, and now has $10 million to expand its business in the U.S. Read More: 2021 Financial Plans to be Driven by New Administration, Remote Workforce & Supporting Tech Payday lenders offer high-interest, short-term loans to borrowers......
Haru
Fintech Investment Services News

Haru Invest’s USDT Fund Provides Unparalleled Digital Asset Diversification

Fintech News Desk
by Fintech News Desk0
In spite of the economic stagnation caused by Covid-19, the market for crypto funds, which manage cryptocurrency assets to generate profit, is showing rapid growth. In particular, the fact that funds are incorporating not just Bitcoin (BTC) as the best-known cryptocurrency, but also relatively new crypto assets such as stablecoin,......
Planswell Fills C-Suite with Eye Towards Global Expansion
Business Fintech News

New Insta-Client™ Solution Delivers SMBs a Frictionless, Easy-Button Experience to Attract New Customers and Instantly Offer Credit Financing

Fintech News Desk
by Fintech News Desk0
Direct Performance Data and PayPossible Partner Up to Launch Full-Funnel Marketing Solution Aimed at Helping Companies Flip Qualified Prospects into Paying Customers Direct Performance Data (DPD), a leader in credit enhanced marketing, and PayPossible Inc., the go-to, turnkey point-of-sale (POS) financing platform for small and medium-sized businesses (SMBs), today announced the......
Socure Unveils Sigma Synthetic Fraud, a New Way to Identify and Combat Synthetic Identity Fraud
Business Fintech News Risk Management

Socure Unveils Sigma Synthetic Fraud, a New Way to Identify and Combat Synthetic Identity Fraud

Fintech News Desk
by Fintech News Desk0
Businesses using Socure’s Sigma Synthetic Fraud solution achieve auto-capture rates over 90% on synthetic identity fraud in the riskiest 3% of users, for both new and existing accounts Launch debuts on the first day of Money20/20’s MoneyFest Event Socure, the leader in Day Zero digital identity verification, today announced the......
Oliver Thym Joins Thoma Bravo to Lead Credit Business
Business Fintech Investment Services News

Oliver Thym Joins Thoma Bravo to Lead Credit Business

Fintech News Desk
by Fintech News Desk0
Appointment of Seasoned Investor Reflects Growth and Success of the Firm’s Credit Platform Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors, today announced that Oliver Thym has joined the firm as a partner to lead the Thoma Bravo Credit platform, which is focused on investing......
Frost & Sullivan: It Has Become Critical for B2B Businesses to Adopt Automated A/R Collection Solutions
Business Fintech News

Frost & Sullivan: It Has Become Critical for B2B Businesses to Adopt Automated A/R Collection Solutions

Fintech News Desk
by Fintech News Desk0
Both the Pandemic and the Wave of New Fintech Tools Leading Businesses into an Automated Era in Financial Management make it Imperative for Companies to Gain an Advantage in Managing Receivables and Ensure Cash Flow An advantage in securing cash flow is the difference between ensuring business growth and a......
Alliance Data Selects Fiserv for Credit Processing Services
Fintech News

Alliance Data Selects Fiserv for Credit Processing Services

Fintech News Desk
by Fintech News Desk0
Alliance Data Selects Fiserv for Credit Processing Services Strategic agreement reflects Alliance Data’s continued focus on tech modernization, delivering enhanced payment and servicing capabilities and continued efficiencies Migration to industry-leading processing platform will enable faster speed-to-market for new products, credit program launches and portfolio conversions Alliance Data Systems Corporation (NYSE: ADS),......
Top Performing Credit Unions Recognized by Raddon
Business Fintech News

Top Performing Credit Unions Recognized by Raddon

Fintech News Desk
by Fintech News Desk0
Twenty-two industry standard-setting credit unions receive Crystal Performance Awards Raddon®, a Fiserv company and provider of innovative research, insightful analysis and strategic guidance to financial institutions, has announced the 2020 winners of its Crystal Performance Awards. Twenty-two credit unions received the award this year, in two categories based on asset......
Paysend Welcomes 150,000 New U.S. Customers as Demand for International Digital Money Transfers Soars Worldwide
Banking Fintech Mobile Banking News

India Embraces Digital Peer-to-Peer Money Transfers During COVID-19, Fueling 1M New Users on Paysend

Fintech News Desk
by Fintech News Desk0
Following coronavirus outbreak, Paysend facilitated more than double the volume and value of payments to Indian bank accounts The COVID-19 pandemic is accelerating the shift from cash to digital money worldwide, the impacts of which are directly evident in India, where Statista estimates that 1 in 10 people now exclusively make online......
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