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BankProv Announces Strategic Integration with Republic
Banking News

BankProv Announces Strategic Integration with Republic

Fintech News Desk
Future-Ready Bank Supports Republic’s Mission to Fuel Innovation for Tomorrow’s Leading Companies BankProv, a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging markets, announced today that it will team up with Republic, a leading investment platform and crowdfunding marketplace. The Republic ecosystem has deployed over $1.5 billion in......
CBiBank Successfully Implements TERM SOFR's New Benchmark Interest Rate for USD Loans
Finance News

CBiBank Successfully Implements TERM SOFR’s New Benchmark Interest Rate for USD Loans

Fintech News Desk
Alternative Reference Rates Committee (ARRC), a financial industry group convened by the Federal Reserve and the New York Fed, recommended the use of the Secured Overnight Funding Rate (SOFR) instead of U.S. dollar LIBOR, and SOFR-based financial products began trading in financial markets in the second half of 2018. Since......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
B2B Banking News

Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022

Fintech News Desk
Loan approval percentages at banks, institutional lenders, and alternative lenders have risen in every month of 2022 Small business loan approval percentages at big banks ($10m + in assets) inched upwards from 15.3% in May to 15.4% in June, while small banks’ approvals also rose from 20.9% in May to 21.1% in June, according to the latest Biz2Credit Small Business......
Kbank in US$ 2.7 Billion Technology Drive to Expand Banking to Unbanked-Underbanked Thais
Banking News

Kbank in US$ 2.7 Billion Technology Drive to Expand Banking to Unbanked-Underbanked Thais

Fintech News Desk
“We are championing simplification, speed, and a more sophisticated evaluation of small customers’ potential to be responsible borrowers so that the unbanked and underbanked can also benefit from banking products that can improve their lives and their businesses.” KASINKORNBANK (KBank) has announced a US$ 2.7 billion strategic programme aimed at boosting access......
Imprint and Horizon Hobby Introduce New Credit Card and Rewards Card
Digital Payments News

Imprint and Horizon Hobby Introduce New Credit Card and Rewards Card

Fintech News Desk
Earn accelerated rewards on all purchases at Horizon Hobby and everywhere else you shop Imprint, which offers branded payments and rewards products, today announced a partnership with Horizon Hobby, the leader in radio control products and accessories, to launch the Horizon Hobby VisaⓇ Credit Card and Horizon Hobby Rewards VisaⓇ Card. By offering......
Recent Crypto Meltdown Re-Initiates Industry Proposal to Create “No Whale Crypto.”
Cryptocurrency News

Recent Crypto Meltdown Re-Initiates Industry Proposal to Create “No Whale Crypto.”

Fintech News Desk
CMTLabs initially proposed industry creation of “No Whale Crypto” currencies in September of 2021. There was a lot of interest, but at the time, financial markets, including crypto, were all performing well. This resulted in the decision to wait for a major downturn in the crypto industry and financial markets......
Sudrania Fund Services Rebrands As Formidium
Fintech Funding News

Sudrania Fund Services Rebrands As Formidium

Fintech News Desk
New brand identity aligns with the company’s digital culture and dominance in fund administration technology Sudrania Fund Services, a global leader in providing third-party fund administration and back-office technology solutions, announces the company’s complete rebranding as Formidium – the financial world’s first digital element. The rebrand includes a new name,......
Zendesk to Be Acquired by Investor Group Led by Hellman & Friedman and Permira for $10.2 Billion
Fintech News

Zendesk to Be Acquired by Investor Group Led by Hellman & Friedman and Permira for $10.2 Billion

Fintech News Desk
Shareholders to receive $77.50 per share in cash Zendesk to become a privately held company upon completion of the transactionZendesk, Inc. announced it has entered into a definitive agreement to be acquired by an investor group led by leading global investment firms Permira and Hellman & Friedman LLC (“H&F”) in......
Crypto Exchange AQX Joins Klaytn Governance Council
Cryptocurrency News

Crypto Exchange AQX Joins Klaytn Governance Council

Fintech News Desk
AQX, an emerging cryptocurrency exchange, has announced it will join the Governance Council of Klaytn, a project seeking to make blockchain technology available to a broader audience globally. Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. The project’s mainnet went live in June 2019 and......
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