Search Results for: financial services sector

Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
Business Fintech News

Biz2Credit Study Shows PPP Had Large, But Short-Lived Effect on Small Business Survival

Fintech News Desk
by Fintech News Desk0
Small Business Economic Indicator Study Examined Cash Flow, Predicts Many Bankruptcies Possible without PPP2 Stimulus Biz2Credit’s new six-month analysis of COVID-19’s impact on small businesses found that government lending programs restored sufficient capital for businesses to weather the effects of the pandemic for a short period, but that many firms......
Standard Chartered Backs SOLV in Enabling Seamless Trade and Access to Finance for Small Businesses in Post-COVID World
Banking Business Fintech Investment Services News Trading

Standard Chartered Backs SOLV in Enabling Seamless Trade and Access to Finance for Small Businesses in Post-COVID World

Fintech News Desk
by Fintech News Desk0
The full-stack B2B e-commerce platform will allow thousands of Indian buyers and sellers to improve supply chain efficiency for sustainable growth SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered, today announced the commercial launch of SOLV, a full-stack B2B marketplace for micro, small and medium enterprises......
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Banking Business Fintech News

Mercantile Bank International Taps Capitol Hill, Goldman Sachs Veteran as New President

Fintech News Desk
by Fintech News Desk0
Mercantile Bank International (MBI), an innovative payments and digital asset custody bank based in Puerto Rico, today announced the hiring of Eric Edwards to lead its growing U.S. and global banking operations. Read More: Mazooma Partners with Plaid for igaming and Sports wagering  Edwards, who has over 25 years of banking and financial services regulatory......
Banking CIO Outlook Names Vouched a Top KYC Solution
Artificial Intelligence Fintech News Risk Management

Vouched Announces $3M Funding Round to Accelerate AI-Based Identity Verification Platform

Fintech News Desk
by Fintech News Desk0
Vouched, a rapidly-growing developer of proprietary artificial intelligence and computer vision for end-to-end identity verification and real-time fraud detection, today announced a $3M funding round. Led by Flying Fish Partners, the round will further accelerate growth of Vouched’s identity proofing platform across the banking, fintech and healthcare verticals. Read More: Former......
Adyen and Microsoft Launch Network Token Optimization
Banking Business Fintech News

Adyen and Microsoft Launch Network Token Optimization

Fintech News Desk
by Fintech News Desk0
By collaborating with Adyen on Network Token Optimization, Microsoft saw positive growth in authorization rates Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, expands its collaboration with Microsoft to accelerate payments innovation for both companies with the launch of Adyen Network Token Optimization.......
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Banking Business Fintech Mobile Banking News

CIBC Launches AI-powered Virtual Assistant to Help Clients Bank Digitally

Fintech News Desk
by Fintech News Desk0
Powered by IBM Watson, clients can use it to complete banking transactions and get answers to questions with ease With Canadians using digital banking now more than ever, CIBC is introducing a conversational AI-based Virtual Assistant powered by IBM Watson, that can perform banking transactions and answer questions about everyday......
BPC enters the Saudi Arabian Market in a strategic partnership with Interpaymea
Digital Mobile Banking News

BPC enters the Saudi Arabian Market in a strategic partnership with Interpaymea

Fintech News Desk
by Fintech News Desk0
BPC, the leading provider of digital payment solutions, is proud to announce it is entering the Kingdom of Saudi Arabia market with the aim to strengthen its presence in the region. As part of its go-to-market strategy, the company recently announced the key nomination of Khaled Moharam as Managing Director for the GCC as......
Fidelity Digital Assets℠ Adds Collateral Agent Capabilities, Will Custody Bitcoin Pledged on Loans Financed by BlockFi
Blockchain Business Cryptocurrency Fintech News

Fidelity Digital Assets℠ Adds Collateral Agent Capabilities, Will Custody Bitcoin Pledged on Loans Financed by BlockFi

Fintech News Desk
by Fintech News Desk0
 New capability brings capital efficiency to institutional clients who can now access risk-managed cash borrowing while maintaining unparalleled asset security Fidelity Digital Assets℠ today announced a new offering that enables clients on Fidelity’s institutional-grade digital assets custody platform to pledge bitcoin as collateral in a transaction. The new capability marks......
Deloitte CFO Signals™ Survey: CFOs Cite Continued Economic Concerns in First Half of 2021, but Optimistic About the Second Half Onward
Fintech Investment Services News Trading

Deloitte CFO Signals™ Survey: CFOs Cite Continued Economic Concerns in First Half of 2021, but Optimistic About the Second Half Onward

Fintech News Desk
by Fintech News Desk0
Key takeaways News of an effective vaccine seems to be driving a general belief that, despite a grim outlook for winter virus infections, broader vaccine availability later in the year provides a light at the end of the proverbial tunnel. CFOs overwhelmingly support a stimulus package, infrastructure investment, de-escalating U.S.-China trade......
Dwolla Announces Drop-In Components to Shortcut Integrating a Payment API
Fintech News

Dwolla Announces Drop-In Components to Shortcut Integrating a Payment API

Fintech News Desk
by Fintech News Desk0
New low-code features alleviate the technical overhead of a payments integration Dwolla, a leading payments infrastructure platform, today releases Drop-in Components, a low-code offering designed to save customers weeks worth of development time on their payment integration. Read More: Fintech Professionals Predict Payments Will Grow More Than Any Other Industry......
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