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Fintech News

Schwab Announces the Appointment of Two New Board Members

Fintech News Desk
by Fintech News Desk0
The Charles Schwab Corporation today announced the appointment of two new members to the company’s board of directors. Marianne C. Brown and Gerri K. Martin-Flickinger will join the board as independent directors, effective August 1, 2020. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync Brown currently serves as a......
Fintech Funding News

EMQ Announces Close of $20M Series B Funding Round

Fintech News Desk
by Fintech News Desk0
EMQ, Asia’s leading financial settlement network, announced the close of a $20 million Series B funding round. The latest round of funding is led by WI Harper Group, with participation from new and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture......
Banking News

Ozow – Paving the Way for Open Banking in Africa

Fintech News Desk
by Fintech News Desk0
Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. “In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change......
Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients
Fintech Funding Investment Services News

Citi Extends Fund Accounting Services to UK Investment Trusts

Fintech News Desk
by Fintech News Desk0
Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts. There are approximately 350 investment trusts in the UK with £186 billion in assets under management1. “Investment trusts are an important vehicle for UK asset managers,” said......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech Investment Services News

Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa

Fintech News Desk
by Fintech News Desk0
Africa’s fintech sector is key to the region’s economic growth as technology enables remittance inflows of money from its diaspora to boost disposable income and balance of payments. So says ICON Corporate Finance, the tech-focused investment bank, which recently advised on one of the sector’s most significant transactions in recent......
Blockchain Cryptocurrency Investment Services News

12 Peers Invests in ShareRing (SHR), Marking the Firm’s First Investment Into the Digital Asset Space

Fintech News Desk
by Fintech News Desk0
The ShareRing management team has successfully executed gig-economy applications for mobility rentals and travel. Their latest venture, the ShareRing app is focused on the fragmented $7 Trillion travel economy and integrates travel documents and itineraries into an all-in-one travel platform. 12 Peers Capital, the Cayman Islands based broker-dealer and capital......
Uncategorized

Western Union Expands in the Philippines with Cebuana Lhuillier

Fintech News Desk
by Fintech News Desk0
2,500+ Locations of the Philippines Largest Microfinancial Services Company, Cebuana Lhuillier, To Offer Western Union Money Transfer Services Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, and Cebuana Lhuillier, the largest and long-tenured microfinancial service provider in the Philippines, have come together to enable customers in the......
Mobile Banking Trading

Fidelity Launches Fidelity Spire – Free Innovative Mobile App That Helps Young Adults Achieve Their Money Goals

Fintech News Desk
by Fintech News Desk0
Fidelity Helps Keep More Money in Your Pocket: App Referral Bonus on Sign-Up, Plus Simple Subscription-Based Price with Robo Advisor New App Further Differentiates the Industry-Leading Value Fidelity Offers Via Zero Commission Online Trading*, Zero Account Fees, Zero Account Minimums, Zero Investment Minimums, Zero Expense Ratios Index Funds Read More: Celsius......
Artificial Intelligence InsurTech News

Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business

Fintech News Desk
by Fintech News Desk0
 World’s Fastest Growing Global Insurance Broker and Artificial Intelligence Leader Combine to Deploy Insurtech at Scale In a transformational move, Acrisure today announced that it has acquired artificial intelligence (AI) leader Tulco LLC’s insurance practice to bring best-in-class data science, AI, and machine learning capabilities to the insurance brokerage industry.......
First Consumer Fintech in US History Gains Full Regulatory Approval to Become a National Bank
Banking Fintech News

First Consumer Fintech in US History Gains Full Regulatory Approval to Become a National Bank

Fintech News Desk
by Fintech News Desk0
Historic charter award defines a new beginning for digital banking, providing comprehensive services aimed at the 180 million Americans underserved by the traditional system(Fintech ) Varo Money, announced it has been granted its national bank charter from the Office of the Comptroller of the Currency (OCC) and secured regulatory approvals from......
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