Search Results for: business transactions

Horizon Technology Finance Provides Fourth Quarter 2021 Portfolio Update
Capital Markets Finance News Technology

Horizon Technology Finance Provides Fourth Quarter 2021 Portfolio Update

Fintech News Desk
by Fintech News Desk0
-Horizon Platform Originates $118 Million of New Loans in Q4, Including $80 Million of New Loans for HRZN – -HRZN Grows Loan Portfolio by $109 Million in 2021 – -Horizon Platform Ends 2021 with Committed Backlog of $153 Million, Including $125 Million in HRZN Commitments  Horizon Technology Finance Corporation a......
Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees
Banking Fintech News

Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees

Fintech News Desk
by Fintech News Desk0
With New Changes, Company Will Have Reduced Overdraft Fee Revenues by 97% from 2009 Levels Bank of America announced significant changes to its overdraft services, including plans to eliminate non-sufficient funds (NSF) fees beginning in February, and to reduce overdraft fees from $35 to $10 beginning in May. The company will also......
USDF Consortium Launches To Enable Banks To Mint USDF Stablecoins
Blockchain Fintech News

USDF Consortium Launches To Enable Banks To Mint USDF Stablecoins

Fintech News Desk
by Fintech News Desk0
The USDF Consortium (the Consortium), an association of FDIC-insured financial institutions, launched with a mission to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin (USDF), which will facilitate the compliant transfer of value on the blockchain, removing friction in the financial system and......
Fly Now Pay Later Secures USD $75m From Atalaya Capital Management to Continue Its Rapid International Roll Out
Fintech News

Fly Now Pay Later Secures USD $75m From Atalaya Capital Management To Continue Its Rapid International Roll Out

Fintech News Desk
by Fintech News Desk0
– Juniper Research anticipates that Buy Now, Pay Later (BNPL) will account for more than 50% of the market for embedded finance by 2026. – Domestic travel spend in the United States is forecast to hit 968 billion U.S. dollars by 2024, according to Statista. – BNPL continues to earn......
FairySwap DEX Successful in CertiK Smart Contract Audit
DeFi News

FairySwap DEX Successful in CertiK Smart Contract Audit

Fintech News Desk
by Fintech News Desk0
FairySwap successfully completed its first CertiK.io smart contract audit, working with the industry-leading firm to optimize security FairySwap is the first decentralized exchange (DEX) to launch on the Findora blockchain, creating an innovative new type of DEX that is privacy-focused and front-running resistant. DEXs face many challenges, and public blockchains......
Accenture Helps Tokio Marine Kiln Transform Its Finance and HR Functions In the Cloud With Workday
Finance InsurTech News

Accenture Helps Tokio Marine Kiln Transform Its Finance and HR Functions In the Cloud With Workday

Fintech News Desk
by Fintech News Desk0
Migration to the cloud aims to drive new operational efficiencies, reduce risk and enhance the user experience Accenture has collaborated with Tokio Marine Kiln (TMK), a leading international insurer, to transform its finance and human resources (HR) functions in the U.K. and Singapore by digitizing and consolidating multiple systems onto......
Checkout.com Raises $1 Billion in Series D Amid Major US Market Push
Digital Payments News

Checkout.com Raises $1 Billion in Series D Amid Major US Market Push

Fintech News Desk
by Fintech News Desk0
Global payments processor reaches $40 billion valuation, raising total of $1.8 billion to date On the heels of a highly successful year processing hundreds of billions of dollars in payments for some of the world’s largest merchants, Checkout.com raised $1 billion in its Series D funding round at a valuation of $40 billion. Primary......
Redfin To Acquire Bay Equity Home Loans
Mortgage News

Redfin To Acquire Bay Equity Home Loans

Fintech News Desk
by Fintech News Desk0
Acquisition will give Redfin customers a broader suite of loan products in more markets and propel the company’s efforts to create a complete real estate solution Redfin has entered into an agreement to acquire Bay Equity Home Loans , a national, full-service mortgage lender. Under the terms of the merger......
LazyPay Forays Into Card Segment: Launches LazyCard To Empower India’s Underserved With Access to Credit
Digital Payments News

LazyPay Forays Into Card Segment: Launches LazyCard To Empower India’s Underserved With Access to Credit

Fintech News Desk
by Fintech News Desk0
Built in partnership with SBM Bank India and Visa, LazyCard boasts the largest pre-approval base of 62 million consumers LazyPay, India’s preferred Buy Now Pay Later solution by PayU Finance, announced its partnership with SBM Bank India to launch LazyCard, a prepaid payment instrument backed by a credit line, foraying into the card segment. The......
Wells Fargo To Help Millions Of Consumer Customers Avoid Overdraft Fees and Meet Short-Term Cash Needs
Banking News

Wells Fargo To Help Millions Of Consumer Customers Avoid Overdraft Fees and Meet Short-Term Cash Needs

Fintech News Desk
by Fintech News Desk0
Expanded set of product features will give customers new options to better manage their financial well-being Wells Fargo announced new efforts to limit overdraft-related fees and give customers more flexible options to meet their personal financial needs. These offerings, which include earlier access to direct deposits, a 24-hour grace period......
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