Search Results for: Covid-19 pandemic

IndiaLends
Digital Finance Fintech News

IndiaLends Raises US$5.1 Million from Existing Investors ACP Partners and DSG Consumer Partners

Fintech News Desk
by Fintech News Desk0
 Aims to double its loan disbursements to INR 4,000 crore in the next 18-24 months  Will serve over a 100 million consumers via “Lending as a Service product” to other consumer platforms  Major digital lending platform IndiaLends has raised US$5.1 million in a financing led by existing investors ACP Partners and DSG......
PremFina and Microsoft AI Collaboration Sees 70% Customer Responses Handled Without Humans
Featured Fintech Primers InsurTech News

PremFina and Microsoft AI Collaboration Sees 70% Customer Responses Handled Without Humans

Fintech News Desk
by Fintech News Desk0
PremFina Ltd, the U.K.’s first venture capital backed alternative insurance premium finance company announces its UK collaboration with Microsoft Corp., the world’s largest software company by revenue, has resulted in its artificial intelligence (AI) driven chat bot handling 70% of all data-led customer queries with zero delay in response times.......
African Development Bank President Adesina calls for African Financial Stabilization Mechanism
Banking Featured Finance Fintech News

African Development Bank President Adesina calls for African Financial Stabilization Mechanism

Fintech News Desk
by Fintech News Desk0
Africa’s collective debt now stands at 70% of the continent’s gross domestic product (GDP) African Development Bank President Akinwumi Adesina, recipient of the 2017 World Food Prize, and Professor Joseph E. Stiglitz, recipient of the 2001 Nobel Memorial Prize in Economic Sciences, have called for a quick and comprehensive plan for......
Novo Launches Virtual Card For Small Businesses
Banking Digital Mobile Banking News

Novo Launches Invoicing, Budgeting, E-Commerce, and Self-Service Capabilities

Fintech News Desk
by Fintech News Desk0
Small business banking platform’s new functionality will help small business owners centralize and simplify their finances Novo, the powerfully simple small business banking platform, announced a series of new features to help small businesses across the U.S. more effectively track and manage their finances. “Over the last year, we’ve seen......
bluesnap
B2B Business Digital Payments News

80% of UK B2B Businesses Move To Adopt Digital Payments For Better Efficiency And Increased Cash Flow According To New Study By Bluesnap

Fintech News Desk
by Fintech News Desk0
Businesses held back by manual invoice processes and overdue payments More than 80% of UK businesses say the future of their company is threatened by late payments, a result of outdated accounts receivable (AR) processes, according to a new report from global payment technology expert BlueSnap. The new research reveals that current AR......
International Chamber of Commerce and Finastra Team up to Tackle the Trade Finance Gap
Finance Fintech News

International Chamber of Commerce and Finastra Team up to Tackle the Trade Finance Gap

Fintech News Desk
by Fintech News Desk0
– New funding marketplace – ICC TRADECOMM – will provide micro-SMEs and SMEs with greater access to short-term capital – Initiative will unlock $1.5 trillion dollar trade finance gap The International Chamber of Commerce (ICC) and Finastra have committed to a strategic initiative to tackle the growing trade finance gap. Both organizations......
Comerica Bank Appoints Summer Faussette National African American Business Development Manager
Banking Fintech News

Comerica Bank Appoints Summer Faussette National African American Business Development Manager

Fintech News Desk
by Fintech News Desk0
Comerica Bank announced it has appointed Summer Faussette as its National African American Business Development Manager supporting its ongoing commitment to building strong relationships with African American business leaders, entrepreneurs and communities across all markets. These responsibilities are an extension of Faussette’s current role as Vice President, External Affairs – Arizona. As National......
AadhaarPay and Cash Are the Most Preferred Modes of Payment for Women Customers
Digital Fintech Fintech Primers News

Biz2Credit Supports Biden-Harris Administration’s PPP Changes to Promote More Equitable Access to Capital

Fintech News Desk
by Fintech News Desk0
Largest Provider of SBA-Approved PPP Loans (Over 98% to Businesses with Under 20 Employees) Says Rules Changes Will Improve Access in Underserved Communities Biz2Credit, a leading FinTech company and parent of an SBA-approved processor of Paycheck Protection Program (PPP) loans, is applauding the reforms to the PPP that the Biden-Harris administration......
AadhaarPay and Cash Are the Most Preferred Modes of Payment for Women Customers
Digital Finance Fintech News

AadhaarPay and Cash Are the Most Preferred Modes of Payment for Women Customers

Fintech News Desk
by Fintech News Desk0
PayNearby releases ‘Women’s Digital Independence Index’ – a detailed analysis on ‘financial consumption by women at retail outlets’  More than 65% of women still preferred dealing in cash, followed by AadhaarPay, UPI QR and cards in that order  Most digitally adept women customers engaged in financial transactions at retail stores......
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