Search Results for: COVID-19 crisis

Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19
Cryptocurrency Digital Digital Payments Featured News

Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19

Fintech News Desk
by Fintech News Desk0
Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are experimenting with accepting open-source digital currencies, such as Bitcoin, for treasury or portfolio allocation. A cashless trend was already strong, according to the previous year’s research......
Embedded Finance Explored: How Financial Institutions Can Navigate New Territory Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19 How Retailers Can Expand Internationally, Whilst Protecting Themselves and Customers From Fraud
Banking Economy Featured News

Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19

Fintech News Desk
by Fintech News Desk0
Chinese banking giants are ahead of their counterparts in the US and Europe. The banking industry was always looking for a solid reason to build an automated crisis-proof infrastructure to adapt to an agile way of operations. The COVID-19 pandemic has changed that notion irreversibly forcing all major banks to......
Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19
Banking Capital Markets News

Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19

Fintech News Desk
by Fintech News Desk0
Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation......
COVID-19 Pandemic Proved that Underinvesting in Public Health Puts Lives and Livelihoods at Risk
Fintech Investments News

COVID-19 Pandemic Proved that Underinvesting in Public Health Puts Lives and Livelihoods at Risk

Fintech News Desk
by Fintech News Desk0
Chronic underfunding of public health system weakened the country’s COVID-19 response Chronic underfunding of the public health system was a key contributing factor in the nation’s flatfooted response to the COVID-19 pandemic, according to a new report, The Impact of Chronic Underfunding on America’s Public Health System: Trends, Risks, and Recommendations,......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Mastercard to Donate $10 Million to Address India’s Covid Crisis
Finance Fintech News

Mastercard to Donate $10 Million to Address India’s Covid Crisis

Fintech News Desk
by Fintech News Desk0
Focus on Immediate Medical Needs, Including Mobile Hospitals and Oxygen Generators Mastercard announced a US$10 million (approximately 75 crore rupees) commitment to directly address critical Covid-related needs in India. Over the past few weeks, the country has seen a spike in both Covid diagnoses and deaths, with the healthcare system......
Joy Wallet Survey Reveals COVID-19's Impact on US Employment (2021)
Finance Fintech News

Joy Wallet Survey Reveals COVID-19’s Impact on US Employment (2021)

Fintech News Desk
by Fintech News Desk0
A new survey from Joy Wallet reveals how the COVID-19 pandemic has impacted personal finances of Americas. Nearly 400 adults across the U.S. answered a series of questions about the pandemic and their personal finances. Results of the survey found 73% of respondents are still employed and 5% were able to find......
Global Financial Firms Agree Automation, Remote Collaboration, Cloud, and Data Analytics are Biggest RegTech Priorities Following COVID-19 Pandemic
Cloud Fintech News Risk Management

Global Financial Firms Agree Automation, Remote Collaboration, Cloud, and Data Analytics are Biggest RegTech Priorities Following COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
The 2020 AxiomSL annual user conferences in North America and EMEA regions have produced a clear consensus among global financial risk and regulatory compliance professionals on the most critical issues for the year ahead. According to surveys of participants in both events, automation, remote collaboration, cloud, and data analytics need to be......
Joy Wallet Survey Reveals COVID-19's Impact on U.S. Employment (2021)
Business Fintech News

Joy Wallet Survey Reveals COVID-19’s Impact on U.S. Employment (2021)

Fintech News Desk
by Fintech News Desk0
A new survey from Joy Wallet reveals how the COVID-19 pandemic has impacted personal finances of Americas. Nearly 400 adults across the U.S. answered a series of questions about the pandemic and their personal finances. Results of the survey found 73% of respondents are still employed and 5% were able......
Business Fintech News Risk Management

Willis Towers Watson and Liberty Specialty Markets Launch Reputational Crisis Solution

Fintech News Desk
by Fintech News Desk0
Willis Towers Watson , a leading global advisory, broking and solutions company, and Liberty Specialty Markets, a leading global provider of specialty and commercial insurance products, today launched Reputational Crisis Insurance – a solution that enables organisations to transfer the financial risk associated with certain types of reputational crises in......
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