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Fintech News

CreditShop Announces the Appointment of Christopher Halmy as Chairman of the Board of Directors

Fintech News Desk
CreditShop Holdings LLC (‘CreditShop’ or ‘the Company’), a leading non-bank credit card company in the United States, announces the appointment of Christopher A. Halmy as Chairman of the Board of Directors. Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group Peter Herbert has resigned from his position of......
Investment Services News

Spouting Rock Acquires Minority Ownership in Copper Rock Capital Partners, LLC

Fintech News Desk
Spouting Rock Asset Management, LLC, a multi-boutique manager platform providing investment solutions and services, today announced a joint backing with Copper Rock management of Copper Rock Capital Partners, LLC, a specialized growth equity investment manager of small- and mid-cap international, global and emerging markets equity strategies, in a buyout from......
Banking Fintech News

HSBC Launches ESG Unit, New Strategic Solutions Group

Fintech News Desk
HSBC today announced the formation of a dedicated Environmental, Social and Governance (ESG) Solutions unit to help clients around the world rebuild and transition their businesses and economies in a more sustainable way post-COVID-19. HSBC has taken a leading global role in ESG financing in recent years and the new......
Fintech News

Schwab Announces the Appointment of Two New Board Members

Fintech News Desk
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
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
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
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......
Banking Fintech News

Roostify Makes Conditional Approval Available Inside the Lending Platform

Fintech News Desk
—The request can be triggered by the consumer or loan officer— The nation’s most trusted digital lending platform, Roostify, announced today the ability for a consumer or loan officer to request a “Conditional Approval” directly through the Roostify lending platform. Once the consumer completes the necessary fields in the loan......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech News

Mphasis Digital Risk Leverages Mendix Low-Code Platform to Drive Fast, Effective Digitalization for the Financial Services Industry

Fintech News Desk
$1.7 trillion in secondary mortgage loans processed through Mendix-built applications One developer using Mendix does the work of four developers working in .NET Citizen developers emerge as a powerful force to get internal apps built  Mendix, a Siemens business and the global leader in enterprise low-code, today announced that Mphasis......
Mobile Banking News

Marine Federal Credit Union Selects TCI’s DecisionLender 4 to Meet Mobile Member Demand

Fintech News Desk
Credit union leverages DL4 to implement direct and indirect lending, cross-selling and account opening Teledata Communications, Inc. (TCI), the provider of DecisionLender 4 (DL4), a consumer loan origination solution, announced today that Marine Federal Credit Union (FCU) has selected TCI’s DecisonLender 4 platform for cross-selling, deposit account opening, indirect, direct and online lending. Marine FCU......
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