Search Results for: Covid-19 pandemic

KBRA Releases Research – U.S. Banks: Thinking Through the Great Unknown–Loan Losses in the Pandemic
Fintech News Risk Management

KBRA Releases Research – U.S. Banks: Thinking Through the Great Unknown–Loan Losses in the Pandemic

Fintech News Desk
Kroll Bond Rating Agency (KBRA) releases a research report that outlines our views on the current stresses facing the U.S. banking industry amid the ongoing economic challenges brought on by the coronavirus (COVID-19) pandemic. The report also dispels other areas of the balance sheet that, in KBRA’s view, do not......
New Report from Corinium and FICO Signals Increased Demand for Artificial Intelligence in the Age of COVID-19
Artificial Intelligence Big Data Fintech News

New Report from Corinium and FICO Signals Increased Demand for Artificial Intelligence in the Age of COVID-19

Fintech News Desk
FICO, a global analytics software firm, released  a new report from the market intelligence firm Corinium that found the demand for artificial intelligence (AI), data, and digital tools is soaring as the COVID-19 pandemic continues to put a strain on many enterprises. Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder......
PitchBook Establishes Office in Hong Kong to Support Growing Customer-Base & Accelerate Greater China Data Initiatives
Economy Fintech Investment Services News

Venture Capital Fundraising and Investment Dollars Remained Healthy Through 1H 2020 Amid Slowdown in Exits and Deal Count Due to Impacts of COVID-19

Fintech News Desk
Despite external economic headwinds, venture capital (VC) fundraising activity exhibited strength in Q2 2020 while exit and dealmaking activity slowed due to the impacts of the coronavirus pandemic, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem jointly produced by PitchBook and......
World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty
Fintech Investment Services News

World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty

Fintech News Desk
High Net Worth Individual1 (HNWI) wealth and population grew by almost 9% globally in 2019 despite a global economic slowdown, international trade wars and geopolitical tensions, finds the World Wealth Report 2020 from Capgemini. North America and Europe took the lead with around 11% and 9% growth respectively, surpassing Asia-Pacific (with 8%) for the......
Voya Financial Launches COVID-19 Planning Tool Powered by SAVVI Financial to Help Americans Navigate Difficult Financial Decisions
Fintech News

Voya Financial Launches COVID-19 Planning Tool Powered by SAVVI Financial to Help Americans Navigate Difficult Financial Decisions

Fintech News Desk
Voya Financial, announced that it is collaborating with SAVVI Financial, a leading technology-enabled financial wellness platform, to offer a COVID Relief Planning Assistant designed to help those who have been laid off, furloughed or working reduced hours as a result of the pandemic. Through its Retirement and Employee Benefits businesses,......
Horizon Bank and FHLB Dallas Provide $36K Grant to Assist Workers Impacted by the Pandemic
Banking Business Fintech News

Horizon Bank and FHLB Dallas Provide $36K Grant to Assist Workers Impacted by the Pandemic

Fintech News Desk
The Banks Provided the Grant to Guadalupe Neighborhood Development Corp. Horizon Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $36,000 Partnership Grant Program (PGP) award to Guadalupe Neighborhood Development Corp. to assist people whose livelihoods were impacted by COVID-19. Read More: GlobalFintechSeries Interview with......
Businesses Leverage New Technologies to Combat Stress and Improve Efficiency in the Wake of COVID-19, According to New Research From AvidXchange
Fintech News

Businesses Leverage New Technologies to Combat Stress and Improve Efficiency in the Wake of COVID-19, According to New Research From AvidXchange

Fintech News Desk
As businesses around the world continue to navigate a new normal, AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, surveyed 500 finance executives from U.S. businesses to find out how they are coping with the stress incurred from COVID-19. This new research shows that 66 percent of......
Atradius: Huge Rise in Late Payments as Pandemic Recession Bites
Business Fintech InsurTech News Risk Management

Atradius: Huge Rise in Late Payments as Pandemic Recession Bites

Fintech News Desk
Atradius survey shows how COVID-19 has begun to affect USMCA businesses Cash flows are squeezed as USMCA feels effect of COVID-19. A survey into business-to-business (B2B) payment behaviour has revealed a massive increase in late payments across USMCA. The annual USMCA Payment Practices Barometer is a poll of businesses throughout the USA, Mexico and Canada. This......
Financial Services Firms Accelerating Technology Transformation to Navigate the Pandemic, New Broadridge Study Finds
Fintech News

Financial Services Firms Accelerating Technology Transformation to Navigate the Pandemic, New Broadridge Study Finds

Fintech News Desk
38% of financial services executives expect the business recovery from COVID-19 to take one- to -two years More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports......
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