Search Results for: COVID

KBC Bank Chooses Finastra for Libor Transition
Banking Fintech News

New Survey from Kasasa Reveals Consumer Banking Plans as COVID-19 Pandemic Continues

Fintech News Desk
by Fintech News Desk0
A new consumer survey commissioned by Kasasa® revealed how consumers’ plans for banking will unfold in the next 30 days as the pandemic continues. The July 2020 study was conducted online by The Harris Poll on behalf of Kasasa, garnering responses from 1,040 U.S. adults ages 18 and older. Read More: Huobi Introduces......
Citizens Deepens Point-of-Sale Financing Offering with Launch of Citizens Pay
Banking News

Citizens Business Conditions Index™ Shows Surprising Stability in Second Quarter as Stimulus and Reopenings Ease Economic Impact of COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
The second quarter of 2020 began with many businesses reeling from the shutdown of the global economy caused by the COVID-19 pandemic. Most economic indicators posted disastrous results while the U.S. government and Federal Reserve rushed to enact legislation or policies to soften some of the worst impacts of the......
Morgan Stanley Awards $5 Million to Opportunity Finance Network to Support Equitable COVID-19 Recovery in Underserved Communities
Fintech News

Morgan Stanley Awards $5 Million to Opportunity Finance Network to Support Equitable COVID-19 Recovery in Underserved Communities

Fintech News Desk
by Fintech News Desk0
Funds will pass through eligible CDFIs — financial first responders — with less than $20M in assets Morgan Stanley and Opportunity Finance Network (OFN) announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately $50,000 – $150,000 to eligible community development financial institutions (CDFIs)......
Global Visa Study Finds 67% of Small Businesses and 78% of Consumers Have Adopted New Behaviors to Adjust to COVID-19
Business Fintech News

Global Visa Study Finds 67% of Small Businesses and 78% of Consumers Have Adopted New Behaviors to Adjust to COVID-19

Fintech News Desk
by Fintech News Desk0
Visa study finds 75% of small business owners are optimistic about the future of business, amidst differing levels of consumers who are “supporting small” As small and micro businesses (SMBs) worldwide continue to endure the financial impact of COVID-19, one thing is clear: rethinking the checkout or point-of-sale (POS) experience......
B2C Fintech News

COVID-19 Changes American Perspective on Wealth and Finances

Fintech News Desk
by Fintech News Desk2
Financial stress is on the rise but Americans exhibit positive financial behaviors during a difficult period According to Charles Schwab’s 2020 Modern Wealth Survey, an annual examination of perspectives on saving, spending, investing and wealth, 57 percent of Americans say that they or a close family member have been financially......
Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
Citizens Bank signs for CSI NuPoint core platform
Banking Fintech

Citizens Survey Finds That COVID-19 May Permanently Change How Consumers and Businesses Bank

Fintech News Desk
by Fintech News Desk0
While the Shift to Digital is Accelerating, the Right Mix of Human Interaction and Technology Remains Critical The COVID-19 pandemic is changing how consumers and businesses interact with financial institutions and new research shows that this trend will likely be permanent. According to the results of Citizens Bank’s inaugural Banking Experience......
Fintech Funding News

The COVID-19 Pandemic Has Motivated A Majority Of Americans To Save Money For The Future

Fintech News Desk
by Fintech News Desk0
Despite economic challenges, more Americans are likely to save for the future after the global health crisis passes, according to a new survey from DailyPay and Funding Our Future The devastating effects of the COVID-19 pandemic have motivated a majority of Americans to save money for the future, according to......
Tanium Report Reveals 90 Percent of Organizations Experienced an Increase in Cyberattacks due to COVID-19
Fintech News Risk Management

Tanium Report Reveals 90 Percent of Organizations Experienced an Increase in Cyberattacks due to COVID-19

Fintech News Desk
by Fintech News Desk0
Tanium, the provider of unified endpoint management and security built for the world’s most demanding IT environments, announced the results of a global survey of 1,000 CXOs revealing the ongoing effects of COVID-19 on enterprise and government organizations. Even as 90 percent of IT leaders surveyed said they experienced an......
Artificial Intelligence Fintech News

Camino Financial Raises Debt Funding to Support Latinx-and Undocumented-Owned Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
The debt funding forms part of a broader Fintech COVID-19 Response Initiative led by impact investment fund Community Investment Management. Camino Financial, a Fintech that provides affordable loans to small businesses, announced raising debt funding to lend to underserved Latinx- and Undocumented-owned businesses in Colorado.  The debt funding will come......
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