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Fintech Mobile Banking News

New Bedford upgrades cashless parking payments provider with Passport

Fintech News Desk
by Fintech News Desk0
Parkers now have more payment options for parking The City of New Bedford announces its partnership with Passport, the operating system that provides contactless payment options to cities and their parkers. Passport’s digital application launching in the City, Passport Parking, is a cashless alternative to paying at a meter or paystation, and......
Xero revamps Starter plan to support sole traders in a rapidly changing small business economy
Business Fintech News

Xero Announces Acquisition of Waddle

Fintech News Desk
by Fintech News Desk0
Xero announced the acquisition of Waddle, a cloud-based invoice lending platform. Waddle helps connect small businesses to invoice finance, a form of secured lending that relies on a business’s unpaid invoices(Xero). The acquisition of Waddle is an important step in the company’s strategy to grow Xero small business platform and......
Fintech News

Remitly Doubles Mobile Wallet Offerings and Global Consumer Reach Amid COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced the expansion of its mobile wallet network, which now reaches more than 300 million mobile wallet holders across the world, more than doubling its reach from 160 million earlier this year. Since March, Remitly has added 11......
Fintech News

Millennials and Gen Xers Shaping the Future of Financial Planning by Establishing New Norms with Financial Professionals

Fintech News Desk
by Fintech News Desk0
According to a new study from AIG Life & Retirement and the MIT AgeLab, financial clients are expressing a willingness and desire to step beyond traditional conversational boundaries with their financial professionals. This is particularly apparent with younger clients between the ages of 30 and 45 who indicate the most......
Latin American Fintechs Reach Historic USD$ 8 B Investment
Fintech Investment Services News

Latin American Fintechs Reach Historic USD$ 8 B Investment

Fintech News Desk
by Fintech News Desk0
Three sectors concentrate more than 95% of fintech investment in Latin America. Payments leads with 50.5% of reported funding, followed by Lending with 24.5%, and Digital Banks with 21.6%. KoreFusion, the strategic consulting and M&A advisory services firm that specializes in the financial services, fintechs and payments sectors, released its......
ICONLOOP and Shinhan Bank Launch First Blockchain-based Financial KYC Compliance Certification Service in South Korea
Fintech News

ICONLOOP and Shinhan Bank Launch First Blockchain-based Financial KYC Compliance Certification Service in South Korea

Fintech News Desk
by Fintech News Desk0
Korea’s second-largest commercial bank, with $375 billion in assets, to Implement ‘Zzeung’ by ICONLOOP, the only mobile app approved by the Financial Services Commission, to open new customer accounts remotely with full KYC compliance ICONLOOP (www.iconloop.com) today announced a partnership with Shinhan Bank, Korea’s second-largest commercial bank, to issue KYC compliance......
InsurTech News

MGA Systems and NetRate Join Forces to Bring an Integrated Insurance Platform Solution to Program Administrators

Fintech News Desk
by Fintech News Desk0
MGA Systems, Inc., the leader in purpose-built software for the MGA and E&S brokerage industry, announced Wednesday it has executed a strategic merger with NetRate Systems, Inc., a leading commercial insurance rating platform for MGAs and program administrators. The combined company will go to market as MGA Systems, with NetRate’s ISO®-based rating......
TransUnion Unveils Simpler Income and Employment Verification Process
Fintech News

As Businesses Reopen Physical Locations, New TransUnion Research Shows Fraudsters Decrease Online Schemes Against Companies

Fintech News Desk
by Fintech News Desk0
Conversely, consumers targeted by digital COVID-19 fraud increased from early in the pandemic TransUnion’s (NYSE: TRU) latest quarterly analysis of global online fraud trends found that fraudsters are decreasing their schemes against businesses, but increasing COVID-19 focused scams against consumers online. TransUnion came to its conclusions about fraud against businesses......
Top Global FinTech Known for Their Banking as A Service Capability
Artificial Intelligence Featured Fintech

Top Global FinTechs Known for Their Banking-as-a-Service Capability

Fintech News Desk
by Fintech News Desk0
Given the Ubiquitous power of AI powered smart technologies, the entire banking industry is undergoing massive transformation. Fintech is a very broad term and it has further encompassed various other technologies, which are capable of catering to each segment of online banking. Let us talk about the most trending Banking-as-as-service......
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