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Fintech News

With a Lengthy Tax Filing Season Over, Let’s Focus on Other Developments in Federal Income Taxes

Fintech News Desk
by Fintech News Desk0
Wolters Kluwer Tax & Accounting provides a 2020 Post-Filing Season Tax Update Wolters Kluwer Tax & Accounting today announced the publication of its “2020 Post-Filing Season Update,” available as a complimentary download through the award-winning CCH® AnswerConnect online research platform. The briefing highlights key developments during the filing season that will impact taxpayers of all......
Banking Blockchain Featured Fintech Fintech Startups

Global Fintech Start-ups and Unicorns Using Blockchain to Redefine the Segment

Fintech News Desk
by Fintech News Desk0
The people in the financial industry who have invested in blockchain development are going to reap a few benefits in the coming years. As more and more users adapt to this new economy, the effects will be larger and more significant. People today want to know all the details of......
Business Fintech News

43% of Americans Driven Into Debt Over Car Troubles

Fintech News Desk
by Fintech News Desk0
A monthly auto loan payment is just a fraction of the true cost of car ownership. Drivers need to consider auto insurance, routine maintenance and gas, as well. But one aspect of car ownership can be much less predictable: car repairs. About 43% of Americans have gone into debt because......
Blockchain Fintech News

Mainframe Acquires Sablier and Relaunches to Introduce a DeFi Bonds System

Fintech News Desk
by Fintech News Desk0
Mainframe, a blockchain company that launched in 2018 as a decentralized communication platform, today announced its relaunch as Mainframe Lending Protocol, following its acquisition of Sablier, a protocol for real-time finance on the Ethereum blockchain. Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt......
Cryptocurrency News Risk Management

Multiplier is Incentivising Yield Farmers With MXX Tokens From July 29th

Fintech News Desk
by Fintech News Desk0
Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020. MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield. These are based on the collateralisation and loans conducted on the Multiplier cryptocurrency platform. The......
Capital Markets Fintech News

DebtX Offers $366 Million Real Estate Portfolio in the Nation of Colombia

Fintech News Desk
by Fintech News Desk0
DebtX, the largest secondary marketplace for loans, today announced it is offering a $366 million portfolio of real estate assets in Colombia. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions The portfolio consists of just over 5,000 properties, primarily residential and land assets. The......
IndiaStack is Brilliant; Next Step to Make it Globally Interoperable: Says Shivananda, CTO, Paypal, at the Global Fintech Fest
Fintech News

IndiaStack is Brilliant; Next Step to Make it Globally Interoperable: Says Shivananda, CTO, Paypal, at the Global Fintech Fest

Fintech News Desk
by Fintech News Desk0
The first day of Global Fintech Fest (GFF) 2020 – the largest two-day virtual fintech meet-up saw powerful ideas and forecasts coming from several marquee global fintech and BFSI leaders. Read More: Binance Card Launches in Europe, Bridging Crypto and Debit Payments GFF, supported by World Bank and the United......
Fintech Guest Posts

When FinTech Goes Free-Range

Jeet Singh
by Jeet Singh0
Fintech started as tech for financial firms, but the needs of consumers for other money-related activities had already started to broaden its range. Will COVID-19 and a recession mean a retrenchment or an expansion for broader consumer fintech? The history of fintech is long, centuries even, depending on what you......
Artificial Intelligence Fintech News

Amid COVID, Lenders Turn to SpaceQuant AI Tech to Get Real-Time Data on Commercial Real Estate Performance

Fintech News Desk
by Fintech News Desk0
The commercial real estate industry has been particularly impacted by the COVID-19 pandemic currently wreaking havoc on the U.S. economy. Tenants are seeking rent reductions or may have even stopped paying rent altogether, while borrowers are requesting loan modifications or forbearances. Meanwhile, lenders and investors are demanding prompt property and......
Teller Raises $1 Million Seed Led by Framework Ventures to Bring Your Credit Score to Blockchain
Blockchain Cryptocurrency Fintech News

Teller Raises $1 Million Seed Led by Framework Ventures to Bring Your Credit Score to Blockchain

Fintech News Desk
by Fintech News Desk0
Teller, a blockchain project for decentralized lending incubated by A16Z’s crypto startup school, announced a $1 million seed raise led by Framework Ventures, followed by Parafi Capital and Maven11 Capital, to build the first-ever algorithmic credit risk protocol for decentralized finance (DeFi). The protocol will be the first to bridge......
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