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BondEvalue and Northern Trust Collaborate to Complete World’s First Blockchain-based Bond Trade
Fintech Investment Services News

Northern Trust Announces Alliance with BlackRock as Part of Whole Office Strategy

Fintech News Desk
As part of its continuing strategy to provide integrated products, services and technology across the entire investment lifecycle, Northern Trust has entered into a strategic alliance with BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. These new capabilities, delivered through Aladdin®, BlackRock’s investment management and operations......
InsureMyTrip Reports "Voucher Travel Insurance" On The Rise
Fintech InsurTech News

InsureMyTrip Reports “Voucher Travel Insurance” On The Rise

Fintech News Desk
With a surge of canceled trips due to the COVID-19 pandemic, InsureMyTrip anticipates higher demand for “voucher travel insurance”, once travel resumes. This week, the travel insurance comparison site has already reported an uptick in inquiries from voucher recipients seeking comprehensive travel insurance for future trips. “Right now, travel vouchers......
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
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......
DR Bank Helps Small Businesses Obtain Critical SBA Financing
Banking Business Fintech News

DR Bank Helps Small Businesses Obtain Critical SBA Financing

Fintech News Desk
DR Bank has been an active participant in the SBA’s Payroll Protection Program, assisting over 250 businesses in securing financing that will help them support payroll and other critical infrastructure expenses until they are able to resume normal operations.  This interim financing will preserve over 4,300 jobs. Read More: Abrigo......
AWS and HSBC Reach Long-Term Strategic Cloud Agreement
Banking Fintech News

HSBC Bank Partners With RateReset to Deliver Award-Winning Digital Mortgage Solution

Fintech News Desk
KNOCK KNOCK Platform Provides HSBC Customers with Speed and Simplicity HSBC Bank USA, N.A., (HSBC), part of the HSBC Group, one of the world’s largest banking and financial services organizations, announced it has partnered with RateReset to license its award-winning platform, KNOCK KNOCK. The platform, branded “EasyReset” for HSBC, allows......
CommonBond Announces SmartCash - Connecting Student Loan Refinance to a More Seamless Cash Experience
Banking Fintech News

CommonBond Announces SmartCash – Connecting Student Loan Refinance to a More Seamless Cash Experience

Fintech News Desk
New product enables customers to integrate their student loan with a core bank account opening experience CommonBond, a leading financial technology company, announces CommonBond SmartCash –  a program that allows its customers to seamlessly open a core checking account while refinancing their student debt, enabling a more efficient and seamless......
Woodruff Sawyer Adopts CyberCube’s Broking Manager
Fintech InsurTech News

Woodruff Sawyer Adopts CyberCube’s Broking Manager

Fintech News Desk
US-based Insurance brokerage Woodruff Sawyer has partnered with CyberCube to become one of the first organizations to leverage CyberCube’s “Broking Manager” in its insurance advisory services. Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software Insurance brokerage @Woodruff Sawyer has become......
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
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......
The American Economy Runs on ACH, Says Mercator Advisory Group White Paper
Economy Fintech News

The American Economy Runs on ACH, Says Mercator Advisory Group White Paper

Fintech News Desk
The ACH Network is woven into the daily payment activity of American consumers, businesses and government, says a Mercator Advisory Group white paper published titled, “The Expanding Role of ACH in the Era of Faster Payments.” The paper also highlights how – as payments become faster – ACH supports the......
Crypto Broker Floating Point Group Announces Support For Circle's USDC on Algorand
Cryptocurrency Fintech News Trading

MIT Crypto Startup Floating Point Group Raises $2M to Bring Prime Brokerage to Quantitative Traders

Fintech News Desk
Floating Point Group (FPG) simplifies how institutional traders deploy algorithmic systems for cryptocurrency trading. Floating Point Group provides a US-regulated single-point-of-access for sophisticated trading with a suite of algorithmic execution tools. The company closed $2 million in seed funding from AngelList & MetaStable Capital founder Naval Ravikant, pif.vc, Algorand’s CEO Steve Kokinos, BoxOne Ventures,......
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