Search Results for: global economy

Gleif Unveils Issuance and Insfratructure Models for Verifiable LEI
Banking Fintech News

GLEIF Defines New Validation Agent Role for Banks & Financial Institutions to Simplify and Accelerate Client Lifecycle Management

Fintech News Desk
by Fintech News Desk0
New operating model enables financial institutions to improve customer experience, facilitate digital transformation and reduce client lifecycle management costs by utilizing their ‘business-as-usual’ onboarding processes to obtain LEIs for their clients The Global Legal Entity Identifier Foundation (GLEIF) has today announced that financial institutions (FIs) worldwide can realize a variety......
PayPal Launches Enhanced Giving Platform to Put the Power of Fundraising in Customer's Hands this Holiday
Business Fintech News

PayPal Announces Recipients of $5 Million Community Partner Grants to Support and Sustain Black Businesses and Communities

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. today named 20 nonprofit community partners that will receive grants and contributions totaling $5 million to support Black-owned businesses across the U.S. in their recovery from the impact of the COVID-19 pandemic. The grants are part of PayPal’s $530 million commitment announced in June to support Black-owned businesses, strengthen minority communities and......
Credit Karma Reimagines Checking for Millions of Americans
Fintech News

Tresata Will Offer Its AML Diagnostic System for Free to Help Banks Named in The ICIJ FinCEN Reports Pinpoint Entity Intelligence Shortcomings

Fintech News Desk
by Fintech News Desk0
Tresata’s Fraud Intelligence System is designed to not just report suspicious activity, but also help prevent it Tresata, a pioneering Intelligence Software company, will offer, at no charge, its automated AML Diagnostic System to all Banks named in the FinCEN reports to help them better understand the adequacy of their......
Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round
Capital Markets Fintech Fintech Funding News

Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round

Fintech News Desk
by Fintech News Desk0
Marco Financial—the first tech-enabled financing platform built for small and medium-sized Latin American exporters—announced it has secured $26M in funding and credit that will enable the company to address the $1.5T global trade finance gap that disproportionately impacts small-and medium-sized (SME) businesses. Marco supports SMEs based in Latin America, where a $350 billion trade finance gap......
Pandemic Boosts Interest in White Label Prepaid Card Programs, According to KnowByLity’s Banking and FinTech Experts
Banking Fintech News

Pandemic Boosts Interest in White Label Prepaid Card Programs, According to KnowByLity’s Banking and FinTech Experts

Fintech News Desk
by Fintech News Desk0
In a global economy shaken by COVID-19, the fintech experts at KnowByLity (KBL) assert that white label prepaid card programs are an important option for helping businesses to not only to stay afloat but to grow In a global economy shaken by COVID-19, the fintech experts at KnowByLity (KBL) assert that white......
BancKED Aims to Expand Financial Inclusion through Progressive Crypto Wallet White Label Program for Business Clients
Blockchain Fintech News

BancKED Aims to Expand Financial Inclusion through Progressive Crypto Wallet White Label Program for Business Clients

Fintech News Desk
by Fintech News Desk0
Customization will define the best mobile wallets in the crypto marketplace going forward. And those who best use the power of the blockchain to develop those customer-centric tools will lead the pack. Customization will define the best mobile wallets in the crypto marketplace going forward. And those who best use......
Bolster Expands Executive Leadership With Appointment of Young-Sae Song as CMO
Blockchain Fintech News

Blockchain Solutions Will Continue to See Robust Investments, Led by Banking and Manufacturing, According to New IDC Spending Guide

Fintech News Desk
by Fintech News Desk0
Worldwide spending on blockchain solutions is forecast to be $4.1 billion this year, an increase of more than 50% compared to 2019. According to a new update to the International Data Corporation (IDC) Worldwide Blockchain Spending Guide, blockchain spending will continue to grow at a robust pace throughout the forecast period......
Creators of BancKED Offer Advice on What to Consider When Incorporating Features and Functions to a White Label Crypto Wallet
Banking Blockchain Fintech News

Customization Defines KBL Holdings Crypto Solution, BancKED

Fintech News Desk
by Fintech News Desk0
Customization will define the best mobile wallets in the crypto marketplace going forward. And those who best use the power of the blockchain to develop those customer-centric tools will lead the pack. At least, that is what the founders of a new financial serveries firm, KBL Holdings, say. The company......
Mastercard Extends Open Banking Efforts with Close of Finicity Acquisition
Banking Blockchain Cryptocurrency Economy Fintech Fintech Funding News

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital Currencies

Fintech News Desk
by Fintech News Desk0
With the global economy racing to embrace digital payments, central banks also are looking to the future and investigating how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency. In fact, 80 percent of central banks surveyed are engaging in some form of......
Featured Fintech Fintech Startups

Did Covid-19 Propel A New Wave of FinTech Solutions to Save SME Needs?

Paroma Sen
by Paroma Sen0
During the ongoing Covid-19 pandemic, new fintech solutions helped SMEs and micro-preneurs survive. Covid-19 did dip the world into a situation they that drove businesses across sectors including fintechs into uncertainty. But in many ways, Covid-19 also served as a catalyst for innovation in SaaS and other B2B segments, like......
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