Search Results for: Business

Phoenix Finance wins the Asian Banker’s “Digital Wealth Management Service of the Year in China” Award
Banking News

Phoenix Finance wins the Asian Banker’s “Digital Wealth Management Service of the Year in China” Award

Fintech News Desk
The Wealth and Society Summit 2019 hosted by the Asian Banker was held in Shanghai on December 6th. Chairman of the Asian Banker Mr. Emmanuel Daniel, managing director of Rockefeller Capital Management Mr. Guy Dietrich, professor of Shanghai Advanced Institute of Finance Mr. Wu Fei and other experts and academics attended this summit. Phoenix Finance is a......
Hebron Announces Appointment of Chief Executive Officer
B2C Fintech News

Hebron Announces $6.5 Million Private Placement

Fintech News Desk
Hebron Technology Co., Ltd. , a developer, manufacturer and installer of valves and pipe fittings for use in the pharmaceutical, biological, food and beverage, and other clean industries, announced that it has entered into a definitive share purchase agreement (the “Agreement”) with two institutional investors, Jupiter Trading Co., Ltd (BVI)......
Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years
Fintech News

Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years

Fintech News Desk
After Hitting an 18-Year Low in Q4 2018, Refinance Lending Has Nearly Doubled (+94%) over the past Three Quarters Rate/Term Refinance Lending — Business That Is Typically Easier for Lenders/Servicers to Retain – Is Five Times Where It Was in Q4 2018, Driven by Recent Vintage Borrowers Seeking to Lower......
Companies Embrace AI, but Senior Executives Cite Challenges on Alignment, Ethics
Artificial Intelligence News

Companies Embrace AI, but Senior Executives Cite Challenges on Alignment, Ethics

Fintech News Desk
New Survey Data from GLG Reveals That Most Businesses Do Not Coordinate AI Use Across Departments or Take Key Measures to Manage Ethical Concerns. A new survey of senior executives issued today by GLG shows that corporate America is increasingly using AI, and executives anticipate that they will use it even......
Republic Provides a $1.5 million Facility to a Midwestern Transportation Company
Fintech News

Republic Provides a $1.5 million Facility to a Midwestern Transportation Company

Admin
Republic Partnered with a Turnaround Consulting Firm to Provide a Receivables Line of Credit to Help Support the Trucking Firm’s Growth When an Intermodal trucking company needed to refinance its existing line of credit, they sought out Republic Business Credit (“Republic”) to meet their growth needs. Republic provided a 92% advance rate to......
Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards
Banking News

Discover Cardmembers Can Now Access Their Accounts Through Amazon Alexa

Fintech News Desk
Discover announced that cardmembers can access their credit card accounts with the power of their voices through Amazon Alexa. The new Discover skill for Alexa offers customers a convenient and hands-free way to access account information, including their recent transactions, available credit, current balance, rewards category information and payment due......
Alliance Bank Improves Customer Experience with Ephesoft’s Intelligent Capture Solution
Banking

Alliance Bank Improves Customer Experience with Ephesoft’s Intelligent Capture Solution

Fintech News Desk
Prominent APAC Bank and Content Capture Leader Join Forces to Accelerate Credit Automation Processes. Ephesoft, Inc., an industry leader in enterprise content capture and data discovery solutions, and Alliance Bank Malaysia Berhad, a bank well known for serving Malaysian small and medium enterprises (SMEs), today announced that the bank has implemented......
Payrailz Promotes Song Nunnallee to VP of Implementation
Banking News

Payrailz Promotes Song Nunnallee to VP of Implementation

Admin
Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced the promotion of Song Nunnallee from director to vice president of implementations to further emphasize the company’s commitment to providing exceptional customer service. In this expanded role, and reporting to Payrailz’ COO Paul......
BB&T and Suntrust Complete Merger of Equals to Become Truist
Banking News

BB&T and Suntrust Complete Merger of Equals to Become Truist

Fintech News Desk
Clients to Be Served Through the BB&T and Suntrust Brands Until Conversion Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc., effective Dec. 6, 2019. Truist is the sixth largest US commercial bank, serving approximately 10 million consumer households and a......
Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
Artificial Intelligence News

Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners

Fintech News Desk
FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6 million dollars, led by Impression Ventures, with participation from BMO Capital Partners, Anges Québec and strategic partners. Credit card issuers report that 24% of recurring credit card transactions are falsely declined,......
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