Search Results for: Covid-19 pandemic

Fintech News

First AML Raises $21 Million in Series B Funding to Replace Businesses’ Due Diligence Stack

Fintech News Desk
Fraud and money laundering, already a critical challenge to all digital transactions, have been on the rise due to the global instability brought on by the COVID-19 pandemic. Investigations such as the Pandora Papers have also reignited concerns on AML compliance and the transparency of international financial transactions. Emerging legislation......
FinTech Innovation Lab New York Now Accepting Applicants for 2022 Class
Banking Fintech News

FinTech Innovation Lab New York Now Accepting Applicants for 2022 Class

Fintech News Desk
Program founded by Accenture and Partnership Fund for New York City seeks companies using innovative technologies in major areas such as cyber-tech, blockchain, analytics, future of work and sustainability Applications are now being accepted for the FinTech Innovation Lab New York, a 12-week program co-founded by Accenture and the Partnership Fund......
Drip Capital Raises $175M to Build a Tech-Enabled Global Trade Facilitation Platform
Finance Investments News

Drip Capital Raises $175 Million to Build a Tech-Enabled Global Trade Facilitation Platform

Fintech News Desk
Drip Capital, Inc. (Drip Capital), a leading digital cross-border trade finance platform for small and medium businesses (SMBs), announces that it has raised $175 million in fresh capital to power its next phase of growth. Funds raised include a $40 million Series C investment and $135 million in warehouse debt facilities. To date, with this......
PPRO Research Confirms Local Payment Methods Will Dominate As Cross-Border E-Commerce Grows
Digital Payments Digital Wallet E-commerce News

PPRO Research Confirms Local Payment Methods Will Dominate As Cross-Border E-Commerce Grows

Fintech News Desk
PPRO launches 2021 Payment Almanac to highlight regional payment trends PPRO, the leading global provider of local payments infrastructure, released the 2021 edition of its Payment Almanac. As the global e-commerce landscape grows to be worth an expected $US 6.9 trillion by 2025, consumers expect to make purchases with their......
HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India
Digital Payments News

HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

Fintech News Desk
The credit facility will extend working capital loans to small businesses that need financing to support their digitization and recovery from the effects of the pandemic It will be made available exclusively to new credit customers with a goal of at least 50% being women entrepreneurs HDFC Bank, Mastercard, U.S.......
Uber Freight Partners with Marqeta and Branch to Offer Faster Payments and Fuel Rewards for Carriers
Digital Wallet Fintech News

Uber Freight Partners with Marqeta and Branch to Offer Faster Payments and Fuel Rewards for Carriers

Fintech News Desk
Marqeta’s modern card issuing platform and Branch’s digital wallet enable Uber Freight to pay carriers after each load, bringing innovation and transparency to the trucking industry Marqeta, the global modern card issuing platform, announced it is partnering with Branch, a leading workforce payments platform, and Uber Freight to bring fast, reliable payments......
Onfido Acquires EYN to Provide Innovative Acoustic-Based Liveness Detection Amid Record-Breaking Global Revenue Growth
Fintech Investments News

Onfido Acquires EYN to Provide Innovative Acoustic-Based Liveness Detection Amid Record-Breaking Global Revenue Growth

Fintech News Desk
– Increased investment in research and development spurs EYN acquisition, pioneers in industry-first acoustic-based anti-spoofing technology – Strong U.S. and APAC sales, especially in financial services and mobility industries – Key strategic hires in Chief Financial Officer and Chief Customer Officer Onfido, the global identity verification and authentication provider, announced another record-breaking quarter,......
Cross River Bolsters Its Commitment to Expanding Financial Services and Economic Inclusion to Underserved Communities
Fintech News

Cross River Bolsters Its Commitment to Expanding Financial Services and Economic Inclusion to Underserved Communities

Fintech News Desk
Contribution will further the work of the HOPE Inside network and bring financial literacy coaching and education to Cross River’s Teaneck, NJ and Brooklyn, NY branches Cross River also expands partnership with The Memorial Foundation, sponsoring the Martin Luther King, Jr. Memorial Social Justice Fellowship Program for 50 distinguished Fellows......
Deepfakes, Cryptocurrency and Mobile Wallets: Cybercriminals Find New Opportunities in 2022
Digital Payments Digital Wallet News

Deepfakes, Cryptocurrency and Mobile Wallets: Cybercriminals Find New Opportunities in 2022

Fintech News Desk
Check Point Software 2022 Cyber-security Predictions also anticipates an increase in supply chain attacks in the new year Check Point Software , a leading provider of cyber-security solutions globally, released its cyber-security predictions for 2022 detailing the key security challenges that organizations will face over the next year. While cybercriminals......
Ecobank Group Takes Action on Mental Health as Part of Its Commitment Towards Better Health
Banking News

Ecobank Group Takes Action on Mental Health as Part of Its Commitment Towards Better Health

Fintech News Desk
Ecobank Day 2021’s focusing on Mental Health, and helping reduce stigma and discrimination The leading pan-African banking group, the Ecobank Group, is celebrating its ninth Ecobank Day, which is the Group’s flagship annual corporate and social responsibility event that ‘gives back’ to the local communities across its pan-African footprint. This year Ecobank......
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