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Fintech News

Prime Consumers Under Increasing Financial Strain, According to Latest Reading From Consumer Sentiment Tracker

Fintech News Desk
A new study released today by Elevate’s Center for the New Middle Class (CNMC) reveals that prime consumers (those with credit scores of 700 and above) are exhibiting significant financial weakness due to the coronavirus pandemic while conditions for non-prime consumers, a population of approximately 150 million in the United States, seem......
Farai Alleyne Joins Billtrust as Senior Vice President of Technology Operations to Further Enhance Platform Scalability, Reliability and Security
Business Fintech News

Farai Alleyne Joins Billtrust as Senior Vice President of Technology Operations to Further Enhance Platform Scalability, Reliability and Security

Fintech News Desk
Tech Executive Brings Strong Record of Digital Transformation to B2B Order-to Cash Solutions Leader Billtrust, the leader in B2B order-to-cash solutions, has announced Farai Alleyne as Senior Vice President of Technology Operations. Alleyne will oversee technical operations of Billtrust’s SaaS business and joins the company at a critical time when order-to-cash digitization......
ComplyAdvantage Closes US$50M Series C to Fuel Growth and Expansion in Fight Against Financial Crime
Fintech Fintech Funding Investment Services News

ComplyAdvantage Closes US$50M Series C to Fuel Growth and Expansion in Fight Against Financial Crime

Fintech News Desk
World Leader in Financial Crime Detection Technology Backed by Funding from Ontario Teachers’ Pension Plan Board, Index Ventures, and Balderton Capital ComplyAdvantage, a global technology company transforming financial crime detection, has announced the close of a US$50 million Series C funding round, bringing the total investment to date to US$88M.......
Aegean Airlines Partners with ACI Worldwide to Maximize Revenue and Combat eCommerce Payments Fraud
Banking Business Fintech News

ACI Worldwide and Arvato Financial Solutions Partner to Combat eCommerce Fraud

Fintech News Desk
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced a strategic partnership with Arvato Financial Solutions to combat the rising levels of eCommerce fraud during the Covid-19 crisis. Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies @ACI_Worldwide and Arvato Financial Solutions partner to......
Banking Fintech Mobile Banking News

The New Deadline for EMV Liability Shift Is an Opportunity to Upgrade to Better Payment Connectivity Solutions, According to TNS

Fintech News Desk
With all card schemes on board with the new April 2021 deadline for EMV compliance, fuel and convenience retailers can get more out of their automated fuel dispenser (AFD) equipment upgrade projects by adding on the most modern payments technology, according to Transaction Network Services (TNS). Read More: Entrust Datacard Solves Evolving Identity......
Ping An Bank named World's Best Digital Bank
Banking Fintech Mobile Banking News

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Fintech News Desk
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) won the “Asia’s Best Digital Bank” award in Euromoney’s Awards for Excellence 2020. Ping An Bank is China’s first bank to receive this award. Previous......
Fintech News

Coronavirus Impact Drops Americans’ Financial Satisfaction to 2015 Levels: AICPA index

Fintech News Desk
As Americans continue to endure the economic impact of the COVID-19 pandemic, financial satisfaction continues to fall from its recent all-time high. The AICPA’s Q2 2020 Personal Financial Satisfaction index (PFSi) measures 15.2, a 55 percent (18.5 point) decrease from the previous quarter. This is the PFSi’s largest quarterly drop in......
Business News Trading

WeTrade Group provides better solutions for 100 million micro-business users in China

Fintech News Desk
WeTrade Group INC (OTC: WETG) (“WeTrade” or “the Company”) provides technical services and solutions based on membership-based social e-commerce. Through big-data, social recommendation relationships, multi-channel App data statistics, etc., the Company independently developed a social e-commerce revenue management system, WeTrade System. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant The main......
MG Stover To Utilize Coin Metrics, Offering Clients Secondary Pricing and Validating Internal Controls
Blockchain Fintech Fintech Funding News

MG Stover To Utilize Coin Metrics, Offering Clients Secondary Pricing and Validating Internal Controls

Fintech News Desk
MG Stover, the largest digital asset fund administrator, finalized an agreement with Coin Metrics this month, giving clients the option of a trusted secondary pricing source. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions MG Stover’s Head of Blockchain and Digital Assets, Seth Altman, says that......
Business Fintech InsurTech Mobile Banking

The Helper Bees Secures $6M Series A Funding Round, Partners with Insurance Carriers to Create a Better Model for Home Care

Fintech News Desk
The Helper Bees, a company creating a better model for home care, has secured $6 million in Series A funding led by Silverton Partners. Additional investors in the round include Austin Impact Capital, Techstars and strategic angel investors. The Helper Bees (THB) has deployed a combination of skilled professionals and......
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