Search Results for: CEO

Remitly Partners With Alipay to Offer International Remittances
Banking Lifestyle News

Remitly Partners With Alipay to Offer International Remittances

Fintech News Desk
by Fintech News Desk4
Seattle-Based Fintech Connects Directly With the World’s Leading Digital Payment Platform Remitly, the online money transfer service used by more than two million people globally, is announcing its collaboration with Alipay, the world’s leading payment and lifestyle platform. The agreement enables Remitly customers to send money from their smartphone or......
Opera Acquires European Banking-As-A-Service Company Pocosys
Banking News

Opera Acquires European Banking-As-A-Service Company Pocosys

Fintech News Desk
by Fintech News Desk0
Company to launch a new European fintech operation Opera Limited , one of the world’s leading browser providers is bringing new offerings across content, classifieds and fintech to its large user base of more than 350 million monthly active users. The Norwegian headquartered company announced completion of the acquisition of......
MoneyGram Names Robert L. Villaseñor as General Counsel and Corporate Secretary
Banking News

MoneyGram Names Robert L. Villaseñor as General Counsel and Corporate Secretary

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, announced that Robert L. Villaseñor has been named General Counsel and Corporate Secretary. In his role, Mr. Villaseñor will oversee global legal matters for the company and communicate with regulators and lawmakers on matters that impact MoneyGram......
FormFree Receives U.S. Patent for Ground-Breaking Approach to Credit Decisioning
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FormFree Founder Brent Chandler Commends CFPB Proposal to Eliminate DTI, Citing Ability to Pay as ‘Best Consumer Borrowing Risk Indicator’

Fintech News Desk
by Fintech News Desk0
FormFree Founder and CEO Brent Chandler responded to this week’s news that Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger indicated the bureau’s decision to propose amending the Ability to Repay/Qualified Mortgage Rule so as to “move away” from debt-to-income (DTI) calculations as a mortgage underwriting factor: First, I commend the CFPB for their courage......
Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank's Latin America Fund
Banking News

Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank’s Latin America Fund

Fintech News Desk
by Fintech News Desk0
AlphaCredit, a Latin American-focused FinTech platform that specializes in consumer lending and financial solutions for SMEs, has signed an equity round for up to USD$125 million led by SoftBank’s Latin America Fund, one of the leading technology investors in the world. The equity infusion will allow AlphaCredit to consolidate its place as......
WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement
Banking Business News

WEX Signs Definitive Agreement to Acquire eNett and Optal

Fintech News Desk
by Fintech News Desk7
Aligns with WEX’s global growth strategy by extending the Company’s leadership position in the attractive Travel market Accelerates WEX’s revenue growth and is accretive to adjusted net income EPS in the first 12 months Provides significant global geographic diversification while reducing WEX’s exposure to macro-economic fluctuations Complements WEX’s technology and......
Kurtosys Raises Funding From Vistara Capital to Accelerate Global Growth
Banking News

Kurtosys Raises Funding From Vistara Capital to Accelerate Global Growth

Fintech News Desk
by Fintech News Desk8
Kurtosys, a leading digital experience platform (DXP) provider for financial service firms, announced that it has secured growth capital from Vistara Capital Partners. This funding enables the company to accelerate its global growth initiatives and invest further in the automation and delivery of exceptional investor experiences. Kurtosys provides an end-to-end......
SoFi Announces First Credit Card That Can Help People Pay Down Debt
Banking News

SoFi Supercharges its Debit and Credit Cards with Mastercard

Fintech News Desk
by Fintech News Desk6
SoFi and Mastercard to Offer Top-of-the-Line Benefits and Technology to SoFi Members SoFi, the digital personal finance company, and Mastercard announced a multifaceted partnership to offer a suite of products and in-person experiences to its nearly one million (and growing) SoFi members. The partnership will initially focus on the SoFi Money......
Mphasis and QEDIT Partner to Offer Privacy-Enhancing Technology Solutions on Blockchain to Enterprises
Fintech News

Mphasis and QEDIT Partner to Offer Privacy-Enhancing Technology Solutions on Blockchain to Enterprises

Fintech News Desk
by Fintech News Desk6
Mphasis , an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced its partnership with Israeli-based QEDIT, an enterprise solution provider that uses Privacy-Enhancing Technology and Zero-Knowledge Proof (ZKP) cryptography to help companies transact and leverage their business data in a privacy-compliant manner. Under this partnership, the two entities will......
Unintended Consequences: Financial Regulators Face Legal Impediments to Innovation
Business News

Unintended Consequences: Financial Regulators Face Legal Impediments to Innovation

Fintech News Desk
by Fintech News Desk6
The financial regulatory system is struggling to keep up with the breakneck speed of technological change, and even as financial regulators embrace new technologies, there are legal and regulatory hurdles that can hamper innovation. Study Uncovers Legal Impediments that Hold Regulators Back The Alliance for Innovative Regulation (AIR) and Flourish......
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