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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......
Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
Blockchain Cryptocurrency Investment Services News

12 Peers Invests in ShareRing (SHR), Marking the Firm’s First Investment Into the Digital Asset Space

Fintech News Desk
The ShareRing management team has successfully executed gig-economy applications for mobility rentals and travel. Their latest venture, the ShareRing app is focused on the fragmented $7 Trillion travel economy and integrates travel documents and itineraries into an all-in-one travel platform. 12 Peers Capital, the Cayman Islands based broker-dealer and capital......
Fintech Investment Services News

True Link raises $35 million Series B led by Khosla Ventures and Centana Growth Partners

Fintech News Desk
Specialized fintech startup ramps up growth of its services for older adults, people with disabilities, and people recovering from addiction True Link Financial, a mission-driven financial technology company, announced today that it has raised a total of $35 million in two Series B tranches, the first led by Khosla Ventures and......
Uncategorized

Western Union Expands in the Philippines with Cebuana Lhuillier

Fintech News Desk
2,500+ Locations of the Philippines Largest Microfinancial Services Company, Cebuana Lhuillier, To Offer Western Union Money Transfer Services Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, and Cebuana Lhuillier, the largest and long-tenured microfinancial service provider in the Philippines, have come together to enable customers in the......
Business News

DWS Expands Access to ESG Funds with Growth of Xtrackers S&P 500 ESG ETF and Xtrackers ESG ETF Suite

Fintech News Desk
Xtrackers award-winning ESG ETF Suite exceeds $2.7B, with investors increasing allocations to ESG funds; lowers expense ratio for Xtrackers S&P 500 ESG ETF with increased scale, growth DWS, one of the world’s leading asset managers, announced today that its Xtrackers S&P 500 ESG ETF (NYSE Arca: SNPE) has surpassed $230......
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