Search Results for: Covid-19 pandemic

Worldpay from FIS and Visa Collaborate to Strengthen Digital Commerce Security and Convenience
Banking Fintech News

FIS Speeds Access to Advanced Technology for Community Banks with New ClearEdge Solution

Fintech News Desk
by Fintech News Desk0
As U.S. community banks position themselves for success in a post-pandemic marketplace, financial technology leader FIS® today announced a new subscription-based core banking solution that speeds and simplifies access to the advanced technology these banks need to compete and better serve the changing needs of their customers. Read More: COVID-19 and Automation are......
Fintech News

Xformative Selected for Award-Winning Mastercard Start Path Program

Fintech News Desk
by Fintech News Desk0
Cloud-native platform offers library of modular APIs for card issuance and payment solutions Xformative Payment Systems today announced that the company has been selected as one of 11 startups for the Mastercard Start Path program, which brings a global pool of innovators together to build the future of commerce. Xformative is the only......
Who do Banks Need to Refocus Efforts on Breaking Down User Behavior with Data?
Artificial Intelligence Banking Cryptocurrency Featured Fintech

Why do Banks Need to Refocus Efforts on Breaking Down User Behavior with Data?

Paroma Sen
by Paroma Sen0
Banks will need to focus on understanding changing consumer behaviors based on historic customer data to compete in a post Covid-19 world While global economies including banks and businesses reevaluate business plans and strategies and remote work policies, they need to also refocus their understanding of their customers based on......
Linn-Co Federal Credit Union Successfully Completes Virtual Core Conversion with Member Driven Technologies
Fintech News

Linn-Co Federal Credit Union Successfully Completes Virtual Core Conversion with Member Driven Technologies

Fintech News Desk
by Fintech News Desk0
Linn-Co Federal Credit Union has successfully implemented the Episys® core platform hosted by Member Driven Technologies (MDT), a CUSO that provides a private cloud alternative for core processing and IT needs. MDT hosts the Episys core platform from Symitar®, an industry-leading provider of technology solutions for credit unions of all sizes, as well......
FPL Technologies secures $10 million Series A funding from Sequoia India, Matrix Partners India, and Hummingbird
Business Fintech Fintech Funding News

FPL Technologies secures $10 million Series A funding from Sequoia India, Matrix Partners India, and Hummingbird

Fintech News Desk
by Fintech News Desk0
 FPL Technologies announced a $10 million Series A financing round with participation from Sequoia India, Matrix Partners India, Hummingbird Ventures, and a number of reputed angel investors. The company has also announced the launch of their mobile-first credit card, OneCard. In an industry-first, a user can easily apply for OneCard......
Fenergo Reports Rapid Cloud Adoption in Financial Sector Digital Awakening
Fintech News

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fintech News Desk
by Fintech News Desk0
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
Future FinTech Enters Into Equity Acquisition Frame Agreement With Joyrich Enterprises Limited
Banking Fintech News

Future FinTech Plans to Enter the Challenger Bank and Digital Payment Sector

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain e-commerce and financial technology company, today announced it plans to enter the challenger bank and digital payment sector. Challenger banks are small, recently created retail banks that compete directly with the longer-established banks, sometimes by specializing in areas under served by the big traditional banks.......
Credit Karma Reimagines Checking for Millions of Americans
Fintech News

Contactless Payment Market to Cross USD 100B by 2026; Global Market Insights, Inc.

Fintech News Desk
by Fintech News Desk0
Some of the major contactless payment market participants include Alcineo, Giesecke & Devrient GmbH, Heartland Payment Systems, Inc., IDEMIA, Identiv, Ingenico Group SA, On Track Innovations Ltd., PAX Global Technology, PayCore, Thales Group, Valitor, Verifone, Visa, Inc., and Wirecard AG.  Global Market Insights, Inc. has recently added a new report......
Redd Announces New Vision, Rebrand as a Source of Global Change for Good
Fintech News

Assessing Next Financial Steps When Coronavirus Relief Programs End

Fintech News Desk
by Fintech News Desk0
National nonprofit credit counseling agency Take Charge America offers guidance for Americans still struggling from COVID-19 As the government debates additional aid for Americans impacted by the pandemic, many of the initial relief programs have expired or will do so in the coming weeks, leaving many people seeking additional solutions......
Liberty Mutual Selects CoreLogic for Deployment of New Property Estimation Platform
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Clouds on The Horizon for Many U.S. Homeowners: Overall Delinquency Rates Beginning to Climb, According to CoreLogic Loan Performance Insights Report

Fintech News Desk
by Fintech News Desk0
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for May 2020. On a national level, 7.3% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 3.7-percentage point......
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