Search Results for: COVID-19

Wells Fargo Launches WellsOne® Virtual Card Payments Service
Business Fintech Fintech Funding News

Wells Fargo Foundation Expands Free Virtual Financial Coaching to Help with COVID-19 Hardships

Fintech News Desk
by Fintech News Desk0
With record numbers of U.S. adults filing for unemployment, and many people facing a lower income amid COVID-19, the Wells Fargo Foundation is supporting national nonprofits in expanding virtual financial coaching services, cost-free, to help the public adapt in these challenging times. These efforts are part of the Wells Foundation’s $175 million commitment to......
Velotrade selected by MUFG Bank as partner for enhancement of digital trade services
Fintech News

MUFG Sees Divergent Effects of COVID-19 Pandemic on Tech and Telecom Companies

Fintech News Desk
by Fintech News Desk0
Remote work, home sheltering, store closures, supply-chain disruptions and declining ad expenditures among largest drivers MUFG, The coronavirus pandemic is affecting the revenue streams of technology and telecommunications companies in divergent ways, leading some to adopt new business models, according to the TMT (or tech, media and telecom) banking team......
State of California Saves Taxpayer Dollars via Streamlined COVID-19 Hotel Sourcing and Payment Solution from HRS
Economy Fintech News

State of California Saves Taxpayer Dollars via Streamlined COVID-19 Hotel Sourcing and Payment Solution from HRS

Fintech News Desk
by Fintech News Desk0
California was the first U.S. state to issue shelter at home orders in March, and quickly followed with guidelines on group gatherings to mitigate the COVID-19 outbreak. These and other bold initiatives, including the rapid deployment of healthcare workers, first responders and other relief personnel to hotspot locations, have slowed......
World Retail Banking Report 2020: 57% of Consumers Prefer Internet Banking in the COVID-19 Era
Banking Fintech News

World Retail Banking Report 2020: 57% of Consumers Prefer Internet Banking in the COVID-19 Era

Fintech News Desk
by Fintech News Desk0
Progressive core banking transformation enabled by shift to platform-based models can help banks take swift action to improve innovation, growth, profits and operational efficiency Retail banks are facing pressure to transform as new entrants focused on customer experience gain significant market traction, according to the World Retail Banking Report 2020 (WRBR)......
Makor Group Grows Amid COVID-19 Crisis, Expands Derivatives Desk in Europe
Fintech Investment Services News Trading

Makor Group Grows Amid COVID-19 Crisis, Expands Derivatives Desk in Europe

Fintech News Desk
by Fintech News Desk0
Makor Group (“Makor”), an international agency brokerage group trading cash equities, fixed income, FX and derivative products, is pleased to announce the expansion of its European derivatives trading desk with the addition of two new senior hires to the team. Mr. Pierre-Olivier Burte and Mr. Gregory Salon will be joining Makor’s offices in Paris as Co-Global......
Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond
Economy Fintech News

Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond

Fintech News Desk
by Fintech News Desk0
Small businesses must be helped by fintechs to lessen shock of worldwide pandemic The COVID-19 pandemic has severely crippled the global economy. While social distancing measures have been vital to securing people’s lives and enabling effective governmental responses to the pandemic, Fintechs SMEs around the world have been hit hard......
Banking Featured Fintech InsurTech Investment Services

Is Covid-19 a Wake Up Call for InsurTechs?

Paroma Sen
by Paroma Sen0
Like most businesses across multiple sectors, insurance companies and insurtechs have been affected by the impact and effects of the ongoing Covid-19 pandemic. However, here’s the silver lining: insurtechs with their ability to offer different kinds of contactless, paperless solutions can actually use this time to innovate and present the......
Millions of Americans Stand to Lose Trillions of Dollars Due to Covid-19
Fintech Investment Services News

Millions of Americans Stand to Lose Trillions of Dollars Due to Covid-19

Fintech News Desk
by Fintech News Desk0
Ric Edelman, founder of the nation’s largest independent financial planning and investment advisory firm,  released a 64-page report that warns of dire financial outcomes for millions of Americans. Edelman’s report, The Long-Term Financial Impact of Covid-19 and What it Means for You, asserts that the pandemic is leading people to bad......
Survey: COVID-19, Market Uncertainty Has Financial Advisers Feeling Bearish for the Next Six Months
Economy Fintech Investment Services News

Survey: COVID-19, Market Uncertainty Has Financial Advisers Feeling Bearish for the Next Six Months

Fintech News Desk
by Fintech News Desk0
2020 Trends in Investing Survey also reveals ESG funds gaining popularity among the advisory community COVID-19 is wreaking havoc across the country, especially in the financial markets and economy. With trillions of dollars in assets managed by the financial advisory community in the U.S., it’s logical to explore how financial......
Oversight Report Reveals the Impact of COVID-19 on Employee Spend & Risk
Business Fintech News Risk Management

Oversight Report Reveals the Impact of COVID-19 on Employee Spend & Risk

Fintech News Desk
by Fintech News Desk0
Spend Insights Report Highlights Changes in Employee Spend Behaviors During Global Pandemic Oversight, the global leader in spend management technology, released its May 2020 Spend Insights Report. The second in a series of reports, the findings reveal an uptick in airline spend as well as heightened risk introduced by working and......
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