Search Results for: COVID 19

Arcadea Group Announces Strategic Acquisition of SPARK
Lending News

Arcadea Group Announces Strategic Acquisition of SPARK

Business Wire
by Business Wire0
The acquisition will focus SPARK on long-term growth and enhanced product functionality SPARK, an innovative SaaS-based lending platform serving the SBA and conventional lending market in the United States, has been acquired by Arcadea Group, a global, long-hold and growth-oriented SaaS investor. Arcadea acquired SPARK from Community Reinvestment Fund, USA......
New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close
Digital Payments News

New Mastercard Study Reveals Financial Inclusion Momentum in Latin America, Highlights Remaining Gaps to Close

Business Wire
by Business Wire0
Report finds the number of cash-only consumers – those without a financial account – has decreased dramatically from 45% to 21% Mastercard released a new report, The State of Financial Inclusion post COVID-19 in Latin America and the Caribbean: New Opportunities for the Payments Ecosystem, demonstrating the mainstream adoption of......
E4E Relief launches first-of-its-kind Emergency Financial Relief platform
Fintech News

E4E Relief launches first-of-its-kind Emergency Financial Relief platform

GlobeNewswire
by GlobeNewswire0
The organization’s world-class technology, which makes financial relief available to all stakeholders material to a business, was created in collaboration with KPMG LLP and Microsoft. E4E Relief, a pioneer in providing financial relief to individuals on behalf of the companies they serve, has launched a world-class technology platform designed to......
How Automated and Digital Payments Can Help Build Resilience and Drive Growth
Artificial Intelligence Digital Guest Posts

How Automated and Digital Payments Can Help Build Resilience and Drive Growth

Marco Eeman
by Marco Eeman0
Companies that prioritize resilience are better equipped to navigate challenges, seize opportunities, and sustain long-term success. Resilience enables them to adapt to change, effectively manage risks, engage employees, build customer trust, foster innovation, and maintain financial stability. However, while resilience is the Holy Grail for many businesses, discovering it is......
NMB Bank Tanzania and UnionPay International Promote Mobile Commerce Through QR Code Implementation in the East African Region
Digital Payments News

NMB Bank Tanzania and UnionPay International Promote Mobile Commerce Through QR Code Implementation

PR Newswire
by PR Newswire0
UnionPay International and NMB Bank Tanzania jointly announced, the UnionPay QR code payment is live at 30,000 merchants across Tanzania, enabling small and medium businesses to transact over mobile commerce across many sectors. This partnership comes at a time when the world is easing towards digital payment since Covid-19, resulting in......
Women's World Banking Brings Making Finance Work for Women Summit to Mumbai
Banking Fintech News

Women’s World Banking Brings Making Finance Work for Women Summit to Mumbai

PR Newswire
by PR Newswire0
Leading global nonprofit unlocks women’s financial power and announces the winners of the 2023 Fintech Innovation Challenge Women’s World Banking, a global leader in advancing financial inclusion for low-income women across the world, is bringing the Making Finance Work for Women Summit to Mumbai, India on 24-25 May 2023. Convening for the first time in......
Soochow Securities Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services
Finance Fintech News

Soochow Securities Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services

PR Newswire
by PR Newswire0
In recent years, with rapid growth of the global wealthy population and demand for wealth management, family office business, as an important field to promote rapid growth of the asset and wealth management industry, is a significant direction which the HKSAR government has fully promoted. Several favourable policies have recently......
Rapid Finance Announces Commercial Availability of Lynx Platform to Support Small Business Lending
Lending News

Rapid Finance Announces Commercial Availability of Lynx Platform to Support Small Business Lending

Business Wire
by Business Wire0
Rapid Enterprise, a division of Rapid Finance delivering Lending-as-a-Service (LaaS) solutions to support enterprise clients, announced the commercial availability of its award-winning, AI-powered fraud detection platform, Lynx, allowing financial institutions to leverage their data better and gain insights to generate 360-degree views of their customers. “We’re excited to share Lynx as......
Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash
Digital Payments News

Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash

Business Wire
by Business Wire0
The Federal Reserve System’s FedCash Services (FCS) released a report from its ongoing research into the payment habits of the U.S. population. The 2023 findings from Diary of Consumer Payment Choice finds that consumer payment behavior remains consistent with the early pandemic, including a shift toward credit card payments and a......
Compliance management Featured Fintech Fintech Primers Fintech Radar

How To Leverage Fintech To Combat Money Laundering

Pooja Choudhary
by Pooja Choudhary0
Fintech has experimented with its magic wand in various fields, so how can we corner the money laundering aspect? In this blog we shall be covering how fintech is leveraged to combat money laundering or in other words we can say how fintech is used to fight for AML in......
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