Search Results for: traditional banking

Empower Signs Definitive Agreement to Acquire Petal, and Completes Acquisition of Cashalo, to Accelerate Access to Fair Credit for Underserved Consumers
Lending News

Empower Signs Definitive Agreement to Acquire Petal, and Completes Acquisition of Cashalo, to Accelerate Access to Fair Credit for Underserved Consumers

PR Newswire
Empower enters the U.S. credit card category and the Southeast Asian credit market, poised to revolutionize lending with a smarter, more inclusive approach to underwriting and product innovation. Empower Finance, Inc. has entered into a definitive agreement to acquire Petal, a consumer credit card and financial technology company headquartered in New York,......
Ripple-to-Issue-USD-backed-Stablecoin-Bringing-More-Utility-and-Liquidity-to-XRP-Ledger
Blockchain Fintech News

Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger

Business Wire
Ripple’s stablecoin will be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. These reserve assets will be audited by a third-party accounting firm, and Ripple will publish monthly attestations. Ripple, the leading provider of enterprise blockchain and crypto solutions, announced its plans to launch......
Revenued Launches Online Marketplace for Small Businesses
Fintech News

Revenued Launches Online Marketplace for Small Businesses

PR Newswire
At its inception, Revenued’s marketplace concentrates on three verticals: banking, insurance, and compliance, providing small businesses that are traditionally underserved, with a curated list of vendors and platforms that offer small business solutions. Revenued, a leading fintech helping small businesses (SMBs) access working capital, releases its online marketplace that will......
Prosperity Bancshares, Completes Merger With Lone Star State Bancshares
Banking News

Prosperity Bancshares, Completes Merger With Lone Star State Bancshares

PR Newswire
Lone Star banking locations will continue to operate under the Lone Star name until the operational integration, which is scheduled for October 28, 2024. At that time, Lone Star customers may begin using any of Prosperity Bank’s combined 288 full-service banking centers. Prosperity Bancshares, the parent company of Prosperity Bank,......
New Report Examines the Growing Importance of Revenue Cycle Management in an Evolving Behavioral Health Industry
Banking News

New Report Examines the Growing Importance of Revenue Cycle Management in an Evolving Behavioral Health Industry

PR Newswire
The BGL Healthcare & Life Sciences Insider: The State of RCM in Behavioral Health Behavioral health focused revenue cycle management services and software companies are poised for outsized growth, according to an industry report released by the Healthcare Outsourcing & Information Technology investment banking team from Brown Gibbons Lang &......
The AI-Based Smart Contract Audit Service Bunzz Audit Has Officially Launched
Artificial Intelligence Blockchain Fintech News

The AI-Based Smart Contract Audit Service “Bunzz Audit” Has Officially Launched

Business Wire
Comprehensive security checks are now possible at only 10% of the traditional cost. The price and report creation is 10 times faster and cheaper than traditional firm  Bunzz launches “Bunzz Audit,” an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One
Cryptocurrency Featured

What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One

Prajakta Ayade
The world of cryptocurrency isn’t new now, but is exciting, baffling, and everything in between. For those new to the crypto space, navigating exchanges – the platforms where you buy and sell digital currencies – can feel like deciphering a foreign language. Since the advent of Bitcoin in 2009, the......
NewRetirement-Raises-$20-Million-in-Series-A-Funding-to-Scale-Enterprise-Partnerships-and-Increase-Access-to-Comprehensive-Financial-Planning
Finance Fintech News

NewRetirement Raises $20 Million in Series A Funding to Scale Enterprise Partnerships and Increase Access to Comprehensive Financial Planning

Business Wire
The round was led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture Capital, Cameron Ventures, Marin Sonoma Impact Ventures, Northwestern Mutual Future Ventures, Plug and Play Ventures and Motley Fool Ventures, bringing the company’s total funding to $20.8 million. NewRetirement, a comprehensive, digital-first financial......
Gen-Z-Driving-Shift-Toward-Digital-Tax-Payments,-According-to-New-Report-From-ACI-Worldwide
Digital Payments Finance Fintech News

Gen Z Driving Shift Toward Digital Tax Payments, According to New Report From ACI Worldwide

Business Wire
This year’s ACI-commissioned YouGov report found that Gen Z is less likely than all other demographics to pay taxes via electronic fund withdrawals from checking or savings accounts (17%). Unlike Baby Boomers, Gen Xers and even Millennials, Gen Z respondents preferred alternative payment methods (10%) and credit cards (17%). A......
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