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CSBS Announces Money Transmission Modernization Act to Uniformly Modernize the State Financial Regulatory System
Banking Digital Payments Economy Featured Risk Management

CSBS Announces Money Transmission Modernization Act to Uniformly Modernize the State Financial Regulatory System

Sudipto Ghosh
COVID-19 has greatly influenced the way money works and how consumers use banking facilities to borrow, invest, store and transfer money. The rise of AI Machine Learning, crypto and digital wallets has forced banking systems to approach federal agencies controlling financial systems in the US, asking for new reforms. And,......
PROG Holdings Appoints Two New Independent Directors to Board
Fintech News

PROG Holdings Appoints Two New Independent Directors to Board

Fintech News Desk
New board members bring deep digital marketing insight and experience using data and technology to drive meaningful consumer engagement and growth PROG Holdings, Inc., the fintech holding company for Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own purchase options, Vive Financial, a provider of omnichannel second-look revolving......
CareFirst and Highmark Introduce Union Blue
InsurTech News

CareFirst and Highmark Introduce Union Blue

Fintech News Desk
Companies unveil best-in-class unionized labor members health insurance product backed by the power of Blue Two leading healthcare companies, CareFirst of Maryland, Inc. (CareFirst) and Highmark Inc. (Highmark), announced a new collaboration and health insurance offering designed specifically for labor unions and members. The solution, Union Blue, is built on......
Top Five US Bank Accelerates Hardware Order to Fast-Track Deployment of Intellicheck’s In-Branch Identity Verification Platform
Finance Fintech News

Top Five US Bank Accelerates Hardware Order to Fast-Track Deployment of Intellicheck’s In-Branch Identity Verification Platform

Fintech News Desk
Expanded Use Case Verifying IDs and Passports Averts Identity Theft and Fraud A top five U.S. bank has accelerated its purchase of hardware through Intellicheck, Inc. (Nasdaq: IDN) to advance the newest deployment of Intellicheck’s identity verification platform at bank branches nationwide. The third quarter delivery of the previously announced $1.3......
XML Financial Group Completes Merger with Collins Investment Group
Investments News

XML Financial Group Completes Merger with Collins Investment Group

Fintech News Desk
Rockville-based advisory firm expands wealth management team, footprint in D.C. metro area XML Financial Group (XML), an independent wealth and investment management firm with offices in Maryland, Virginia and Colorado, is pleased to announce it has completed its merger with Collins Investment Group (CIG), a wealth management practice in Bethesda, Maryland.......
Insurify Secures $100 Million in Series B financing led by Motive Partners
Fintech InsurTech News

Insurify Secures $100 Million in Series B financing led by Motive Partners

Fintech News Desk
New Investment Will Accelerate Insurtech’s Expansion of Operations Amid Year of Dramatic Growth Insurify, America’s highest-rated virtual insurance agent and comparison platform, announced it has closed $100M in Series B funding led by Motive Partners, a specialist private equity firm focused on financial technology investments. The round included participation from......
Atlanta-based VIVA Finance Closes $6.2 Million Series A Funding Round
Fintech News

Atlanta-based VIVA Finance Closes $6.2 Million Series A Funding Round

Fintech News Desk
Atlanta-based fintech lender VIVA Finance has secured over $6 million in funding from a diverse group of investors to accelerate its nationwide expansion and provide underserved consumers with access to affordable credit. “I am thrilled at the opportunity to amplify our nationwide impact and equip more consumers with the tools......
Bankjoy Expands Reach to More Than One Million Members
Banking Digital Fintech Mobile Banking News

Bankjoy Expands Reach to More Than One Million Members

Fintech News Desk
Demand for modern digital banking grows as more credit unions partner with fintech to deliver superior member experience Digital banking provider Bankjoy is expanding its reach to more than one million members nationwide, demonstrating a strong and growing demand for its digital platform. “Our mission is to provide services that go above......
GCash Cements Fintech Leadership And Innovation Thrust In The Philippines
Digital Payments Digital Wallet Fintech News

GCash Cements Fintech Leadership And Innovation Thrust In The Philippines

Fintech News Desk
GCash, the number 1 mobile wallet in the Philippines, continues to be a rising star in Asia as it sets the bar higher for fintech innovation in the region. The company achieved unprecedented growth as it saw an exponential increase in its number of users from 20 million in January 2020 to 46 million in June......
Lument Launches Industry-Leading Affordable Housing Investment Sales Group
Investments News

Lument Launches Industry-Leading Affordable Housing Investment Sales Group

Fintech News Desk
Lument announced that it has taken a significant step toward its goal of becoming the foremost provider of affordable housing solutions in the nation with the launch of a dedicated affordable housing investment sales and advisory group. Cliff McDaniel will head the initiative and serve as senior managing director. McDaniel has......
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