Search Results for: traditional banking

COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online
Banking Fintech News

COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online

Fintech News Desk
by Fintech News Desk0
Lenders using Numerated to process PPP loans are seeing 82 percent of businesses choosing to apply online, with 9 out of 10 businesses reporting high levels of satisfaction COVID-19 has accelerated the shift to digital across industries, and commercial banking is no exception. Banks and credit unions representing more than......
Banking Business Fintech Guest Posts

Tactical Solutions vs. Strategic Focus – Why a Long-Term Outlook is Essential for Digital Transformation

Sridhar Guturi
by Sridhar Guturi0
Digitization, RPA, Analytics, AI – these are some of the contemporary buzz words across industries and Banking is no exception. However, digitization of banking services such as onboarding through online and mobile banking, inclusion of RPA, AI techniques in areas like customer service have not sprung up recently, nor these......
PAAY and Bluefin Join Forces to Dramatically Advance Remote Commerce Security
Fintech Mobile Banking News

New Report by Boston Consulting Group: Retail Banks Face the Urgent Need to Retool Offerings and Strategies

Fintech News Desk
by Fintech News Desk0
As More Customers Go Digital amid the Pandemic, Banks Must Accelerate Digitization Efforts to Serve Customers Better and Realign Costs, Says a New Report by Boston Consulting Group Although retail banks globally have reacted to the COVID-19 crisis with speed, dexterity, and purpose—while remaining true to their environmental, social, and......
Lithuanian Mobile Payments Startup kevin. Raises €15 Million in Seed Funding
Business Fintech Fintech Funding Fintech Startups Mobile Banking News

Lithuanian Mobile Payments Startup kevin. Raises €15 Million in Seed Funding

Fintech News Desk
by Fintech News Desk0
kevin., a fintech startup based in Lithuania, has launched the first ever PSD2 payments solution for mobile payments from pre-linked bank accounts, and has raised €1.5 million in seed funding to scale into new markets. kevin.’s solution, which enables merchants to accept payments directly from bank accounts via an API......
Insure-Tech Solution Protect4Less Launches in the Region
Business Fintech InsurTech News

Insure-Tech Solution Protect4Less Launches in the Region

Fintech News Desk
by Fintech News Desk0
Little Money, Lots of Protection!  – That is the promise that Protect4Less, an innovative new insure-tech brand promises owners of Smartphones and other electronic devices including laptops, PCs, tablets, accessories and home appliances. Read More:SUKU Releases Social Impact DeFi Protocol with the Goal of Supporting Those Underserved by Traditional Financial......
B2C Banking Blockchain Business Featured Fintech

Fintech In B2C – Top Innovators And Their Impact

Fintech News Desk
by Fintech News Desk0
Fintech has already offered a promising future to plenty of industries today. In this article, we will see how B2C businesses are getting an edge by adapting to the latest financial technologies. Several Fintech innovators are disrupting the financial space. On one hand it has eased the payments for the......
IStox Raises Series A Total to $50 Million
Business Fintech Fintech Funding News

IStox Raises Series A Total to $50 Million

Fintech News Desk
by Fintech News Desk0
Leading global digital securities platform iSTOX announced today that two government-backed investors in Japan have concluded an agreement to invest in the company, as iSTOX closed its Series A funding round with a total of US$50 million raised. Read More: ‘Mobile Payments’ Mentions Grow Five-Fold in Company Filings as Department......
Its 2021: A Look at Top Fintech and Financial Services Priorities for the Year
Banking Business Featured Fintech Mobile Banking

Its 2021: A Look at Top Fintech and Financial Services Priorities for the Year

Paroma Sen
by Paroma Sen0
It’s no secret that the 2020 pandemic brought on by Covid-19 led to a boost in various tech adoption trends including digital transformative efforts. Covid-19 forced a change in how different customer segments had to interact with their financial institutions during this time, causing even a rapid shift in how......
Digital Bank Oxygen Appoints New SVP following $17M Funding Round
Business Fintech Fintech Funding News

Digital Bank Oxygen Appoints New SVP following $17M Funding Round

Fintech News Desk
by Fintech News Desk0
Aakash Shah has joined the Oxygen leadership team as SVP, Head of Operations to build out a world class Operations and Customer service department during a time of rapid growth for the company. A financial services veteran, Shah brings a wealth of experience leading customer experience and service programs globally......
Oriental Bank Selects Upstart’s Credit Decision API
Artificial Intelligence Banking Fintech News

Oriental Bank Selects Upstart’s Credit Decision API

Fintech News Desk
by Fintech News Desk0
    Faster, AI-driven Credit Decisions to Improve Auto Lending Experience Upstart, a leading artificial intelligence (AI) lending platform, announced that Oriental Bank, a subsidiary of OFG Bancorp and one of the largest banks in Puerto Rico, has selected Upstart’s Credit Decision API (application programming interface) to deliver faster credit......
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