Search Results for: COVID 19

Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $15 Million in Funding to Accelerate Growth and Support Expansive Customer Adoption
Banking Fintech News

Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $15 Million in Funding to Accelerate Growth and Support Expansive Customer Adoption

Fintech News Desk
by Fintech News Desk0
Transaction Volume Has Increased 700% This Year Due to Pandemic-Induced Growth of Freelance Economy Lili, the all-in-one banking app designed for freelance workers, announced it has raised a $15 million funding round to accelerate growth as the American workforce is increasingly turning to freelancing during COVID-19. The round was led by Group......
LexisNexis Risk Solutions Study Reveals Financial Crime Compliance Costs Increased 33% in 2020 at Financial Institutions in the United States and Canada
Fintech News Risk Management

LexisNexis Risk Solutions Study Reveals Financial Crime Compliance Costs Increased 33% in 2020 at Financial Institutions in the United States and Canada

Fintech News Desk
by Fintech News Desk0
Compliance professionals share insights on operational and cost challenges during the COVID-19 pandemic LexisNexis® Risk Solutions released the results of its 2020 True Cost of Financial Crime Compliance Study – U.S. and Canada Edition. The survey of compliance professionals identifies the drivers and influencers affecting financial crime compliance and highlights......
Global New Account Fraud Decreased 23% in 2020, According to Jumio's Holiday Fraud Report
Banking Fintech News

Jumio Announces Video Verification Solution to Reduce Onboarding Time, Deter Financial Crime and Streamline KYC Compliance

Fintech News Desk
by Fintech News Desk0
AI and expert review drive the verification process, and each session is recorded to provide a defensible audit trail for regulators Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced the launch of a new video-based verification solution for financial institutions and other regulated businesses.......
Visa Tap to Phone Transforms Payment Acceptance for Sellers Worldwide
Business Fintech News

Visa Tap to Phone Transforms Payment Acceptance for Sellers Worldwide

Fintech News Desk
by Fintech News Desk0
As the world increasingly turns to digital payments amidst COVID-19, a simple mobile app can help millions of sellers worldwide quickly and securely accept contactless payments, while improving the checkout experience for customers. After piloting Visa Tap to Phone over the past year, Visa (NYSE:V) today announced product availability in......
WorldRemit Sees Remittances to Zimbabwe Double in Six Months and Introduces New Retail Partnership With OK Zimbabwe
Fintech News

WorldRemit Sees Remittances to Zimbabwe Double in Six Months and Introduces New Retail Partnership With OK Zimbabwe

Fintech News Desk
by Fintech News Desk0
Earlier this year, the World Bank forecasted that in the wake of the Covid-19 economic crisis, remittance flows to Sub Saharan Africa would fall by 23.1%. However , WorldRemit, the global online money transfer service has reported that the demand for their remittance services to Zimbabwe continues to grow at......
Paysafe: Diversifying Payment Offerings Crucial to Future of North American In-Store SMBs
Business Fintech News

Paysafe: Diversifying Payment Offerings Crucial to Future of North American In-Store SMBs

Fintech News Desk
by Fintech News Desk0
Paysafe research reveals U.S. and Canadian retailers and service providers with expanded online presences and in-store payment offerings have best weathered COVID-19 Four fifths (80%) of North American in-store small and medium-sized businesses (SMBs) that have diversified online or enhanced their card-present payment offerings during the COVID-19 pandemic have seen......
Trust Stamp Receives Multiple Awards for Innovative Identity Solutions
Fintech News Trading

Trust Stamp Receives Multiple Awards for Innovative Identity Solutions

Fintech News Desk
by Fintech News Desk0
T Stamp Inc., trading as Trust Stamp, an AI-powered authentication company dual headquartered in Atlanta (US) and Cheltenham (UK), received recognition across multiple areas of impact in October of 2020. The company’s innovative identity technology garnered attention for its implications in fostering financial inclusion and resilience, protecting data privacy while......
MYbank Shortens Payment Cycles for Small and Micro Businesses in the Lead up to This Year’s 11.11 Global Shopping Festival
Business Fintech News

MYbank Shortens Payment Cycles for Small and Micro Businesses in the Lead up to This Year’s 11.11 Global Shopping Festival

Fintech News Desk
by Fintech News Desk0
MYbank, a leading online private commercial bank in China with a focus on serving small and micro businesses, today announced a program to provide RMB 400 billion of collateral-free credit to businesses in need as they gear up for this year’s 11.11 Global Shopping Festival. Read More: Fimatix Appoints Harvey......
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