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Huhtamaki Selects OneStream Software to Modernize Finance Operations

Fintech News Desk
by Fintech News Desk0
Finland-Based Company begins a global implementation of OneStream XF Cloud CPM Platform Huhtamaki, a global leader in sustainable food-on-the-go and food-on-the-shelf packaging solutions, has selected OneStream Software to meet its financial consolidation and reporting needs. Headquartered in Finland, Huhtamaki will be replacing Oracle Hyperion Financial Management (HFM) with the unified......
Portfolio BI Completes the Acquisition of Managed Service Provider Hentsū
Business Fintech News

Portfolio BI Awarded Best Data Management Solution 2020

Fintech News Desk
by Fintech News Desk0
Portfolio BI, a leading provider of front-to-back solutions for order management, portfolio management, data management, and reporting for the buy-side, today announced that it has been named as the best data management solution by HFM Week in the HFM US Services Awards 2020. Read More: AppZen Launches Mastermind Analytics to......
Jack Henry & Associates Announces Executive Leadership Retirements
Business Fintech News

Guilford Savings Bank Expands Partnership with Jack Henry & Associates to Improve Commercial Lending

Fintech News Desk
by Fintech News Desk0
Bank modernizes lending, digital banking, and core technology with Jack Henry, leverages open APIs for enhanced flexibility and innovation Jack Henry & Associates, is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that Connecticut-based Guilford Savings Bank has successfully......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Business Fintech News

Millennials Will Lead Surge in Purchase Market, According to Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
Millennial purchase activity is on the rise, according to the latest Ellie Mae Millennial Tracker. Purchase share – the percentage of all loans closed during the month that were purchases – grew for the second straight month, reaching 56% in June, up nine percentage points from May. This marks the highest......
Compliance Systems and Hawthorn River Partner to Solve an Elusive Problem for Community Banks
Banking Business Fintech News

Compliance Systems and Hawthorn River Partner to Solve an Elusive Problem for Community Banks

Fintech News Desk
by Fintech News Desk0
Compliance Systems and Hawthorn River, innovators in digital lending technology, have partnered to provide community banks a fully integrated loan origination solution. The partnership between Compliance Systems and Hawthorn River fills a void that has plagued community financial institutions for decades. Read More: A Quick Review on Some of The Biggest Global......
Fintech News

Quadient Announces Acquisition of Leading FinTech Company YayPay™, Specialized in Accounts Receivable Automation

Fintech News Desk
by Fintech News Desk0
Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces today the acquisition of YayPay, a best-in-class and rapidly growing company at the forefront of SaaS accounts receivable (AR) automation solutions. The acquisition of YayPay will expand Quadient’s Business Process Automation offer, notably......
Fintech News

June Ellie Mae Origination Insight Report Data Shows Purchase Market Rebounding As Interest Rates Continue To Decline

Fintech News Desk
by Fintech News Desk0
Interest rates on all closed loans continued to decline in June to 3.40 percent, down from 3.43 percent in May, according to the latest Origination Insight Report from Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry. The 30-year rate on conventional loans fell again, dropping to 3.42 percent,......
Ternio Closes Oversubscribed Round on Republic
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Ternio Closes Oversubscribed Round on Republic

Fintech News Desk
by Fintech News Desk0
The global fintech platform Ternio has finished its first equity crowdfunding campaign this month. Ternio successfully raised $1.07 million from 3,890 investors while hosting its campaign on Republic.co. The valuation cap was set at $15 million with a minimum investment of $100. After closing the sold-out round on June 13, 2020, many investors were forced to join the waiting list.......
Open API Issuer-Processor QRails Raises $8M in Series A Funding
Banking Business Fintech Fintech Radar Fintech Startups News

Open API Issuer-Processor QRails Raises $8M in Series A Funding

Abhishek Upadhyay
by Abhishek Upadhyay0
QRails recently announced the closing of a $8 million Series A funding round led by EFM Asset Management. QRails is a cloud-based, open API issuer-processor that facilitates inventive payment solutions globally. This brings the total funds raised by QRails to date to an estimated $18 million. Read More: HPS Introduces QR-Based......
Ellie Mae Announces Virtual Experience 2020
Banking News

2019 Concludes With Interest Rates And Purchase Percentages On The Rise According To December Ellie Mae Origination Insight Report

Fintech News Desk
by Fintech News Desk0
According to the December Origination Insight Report from Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, interest rates rose again in December to 3.99 percent, up from 3.97 percent in November and the 2019 low of 3.93 percent in September. This is coupled with the increase in purchase loans,......
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