Search Results for: Financial institution

CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response
Banking Fintech Investments News

CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
Digital Asset Exchange BlockQuake™ Partners with Leading Cybersecurity Firm Friedman CyZen
Cryptocurrency Digital News Trading

Digital Asset Exchange BlockQuake Partners with Leading Cybersecurity Firm Friedman CyZen

Fintech News Desk
by Fintech News Desk0
CyZen employs automated and human safeguards to help protect the exchange from cyber risks–including malicious attacks and security breaches BlockQuake™, a regulatory-driven digital asset exchange, announced a partnership with Friedman CyZen (“CyZen”), a leading cybersecurity firm with decades of experience, including technology compliance with various regulatory frameworks. CyZen, an affiliate......
Moelis Asset Management LP Appoints Frank Benevento as Head of Business Development
Fintech Investments News

Moelis Asset Management LP Appoints Frank Benevento as Head of Business Development

Fintech News Desk
by Fintech News Desk0
Moelis Asset Management LP (Moelis Asset), the parent to alternative asset managers with leading capabilities in private equity, direct lending, credit funds, structured products, venture capital and hedge funds, today announced the appointment of Frank Benevento as Head of Business Development. He joins on Wednesday, July 21st and will be based......
Upgrading UK’s Ageing Payments Infrastructure to Boost UK GDP by $3.8Billion by 2026 ACI Worldwide and Cebr report
Digital Payments Finance Fintech News

Suning Cross-border Payment was Granted the Hong Kong Licence for Operating Money Service, Upgrading the One-stop Solution for Overseas Brands to Enter Mainland China

Fintech News Desk
by Fintech News Desk0
In recent days, Suning Financial Services (Hong Kong)Co., Ltd was granted the “Licence for Operating Money Service” in cross-border payments in Hong Kong. Suning Financial Services also obtained their third cross-border “pass” for international payments, followed by their payment licence and VISA QSP certification. Such certifications further support overseas business expansion. The approval of “Licence for......
InsurTech NY Announces Corporate Venture Benchmark Study
InsurTech News

InsurTech NY Announces Corporate Venture Benchmark Study

Fintech News Desk
by Fintech News Desk0
InsurTech NY, the largest InsurTech community in North America, announced that they will be conducting a benchmark study on Corporate Venture Capital. InsurTech NY has partnered with the IQONIC Hub for Entrepreneurship Research & Education at Tilburg University in the Netherlands to study the organizational structure, best practices, and common themes across insurance......
Grayscale Investments® and CoinDesk Indexes Launch Decentralized Finance (DeFi) Fund and Index
DeFi Fintech News

Grayscale Investments® and CoinDesk Indexes Launch Decentralized Finance (DeFi) Fund and Index

Fintech News Desk
by Fintech News Desk0
Launch of new investment product and index reflects increasing investor interest in Decentralized Finance (DeFi)  Grayscale Investments®, the world’s largest digital currency asset manager, and CoinDesk Indexes, a subsidiary of CoinDesk Inc., the most influential, trusted platform for a growing global community engaged in the transformation of the financial system and the emerging......
GreenBox Announces Acquisition of Transact Europe, a Principal Visa and Mastercard Member
Digital Payments Fintech News

GreenBox Announces Acquisition of Transact Europe, a Principal Visa and Mastercard Member

Fintech News Desk
by Fintech News Desk0
GreenBox POS, an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions announced it has entered into a binding MOU to purchase Transact Europe Holdings OOD. Transact Europe Holdings OOD is the single entity shareholder of Transact Europe EAD. Transact Europe EAD (TEU) is an EU......
PenFed Credit Union Announces Record Second-Quarter Mortgage and Consumer Lending Volume
Banking News

PenFed Credit Union Announces Record Second-Quarter Mortgage and Consumer Lending Volume

Fintech News Desk
by Fintech News Desk0
America’s Second-Largest Federal Credit Union Funds a Record $8.1 Billion in Mortgages and Consumer Loans during Second-Quarter 2021 PenFed Credit Union, the nation’s second largest federal credit union, released financials highlighting the strongest quarter in the institution’s 86-year history. In second-quarter 2021, PenFed originated a record $4.3 billion in mortgage loans......
Numerica Credit Union Chooses Scienaptic to Empower AI Credit Decisioning Across Loan Products and Services
Fintech News

Numerica Credit Union Chooses Scienaptic to Empower AI Credit Decisioning Across Loan Products and Services

Fintech News Desk
by Fintech News Desk0
Leading global AI-powered credit decision platform provider, Scienaptic AI announced Numerica Credit Union has selected the company’s AI-powered platform to enhance its overall credit decisioning for several of its lending products and services, including consumer and commercial underwriting, CLI for credit cards, preapprovals, best credit product recommendations for members and credit risk assessment for......
Huobi Reveals $48.6 Million Worth of Token Burned in June
Blockchain Finance Fintech News

Huobi Reveals $48.6 Million Worth of Token Burned in June

Fintech News Desk
by Fintech News Desk0
Huobi Global, one of the world’s leading digital assets exchanges, announced that it has burned 3.797 million Huobi Token (HT) valued at approximately $48.6 million in June as a continuing part of Huobi’s token burn plans. According to the latest HT monthly operations report, the average price of HT burned this......
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