Search Results for: Economy

Blockchain Fintech News

Mainframe Acquires Sablier and Relaunches to Introduce a DeFi Bonds System

Fintech News Desk
by Fintech News Desk0
Mainframe, a blockchain company that launched in 2018 as a decentralized communication platform, today announced its relaunch as Mainframe Lending Protocol, following its acquisition of Sablier, a protocol for real-time finance on the Ethereum blockchain. Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt......
Quontic Bank Launches First-Ever Bitcoin Rewards Checking Account
Fintech Investment Services News

Quontic Increases Access to Non-Qualified Mortgages as Countertrend to Pandemic Fiscal Restraints

Fintech News Desk
by Fintech News Desk0
Quontic, the adaptive digital bank, is proud to announce the re-launch of its non-qualified mortgage products (non-QM) for one-to-four family owner-occupied home loans, along with non-QM loans for one-to-four family investors using a non-traditional debt service coverage ratio (DSCR). Quontic’s unique non-QM loans are immediately available through its Wholesale Lending......
Kyriba Chairman and CEO Jean-Luc Robert Honored Among 100 Most Intriguing Entrepreneurs at Goldman Sachs 2020 Builders + Innovators Summit
Currency Exchange Fintech News

Currency Volatility Costs Companies Nearly $12B in FX Losses, Concludes Kyriba’s Q1 2020 Currency Impact Report

Fintech News Desk
by Fintech News Desk0
Currency volatility has caused more than $12 billion in Q1 2020, according to the latest Kyriba Currency Impact Report (CIR), a comprehensive report from the global leader of cloud treasury and finance solutions, which details the impact of foreign exchange (FX) among 1,200 multinational companies based in North America and Europe. This......
Mastercard Collaborates With Microsoft to Accelerate Innovation Across Digital Commerce and Startup Ecosystems
Artificial Intelligence Business Fintech News

Mastercard Collaborates With Microsoft to Accelerate Innovation Across Digital Commerce and Startup Ecosystems

Fintech News Desk
by Fintech News Desk0
Collaboration will build pathways to financial security and provide tools for sustainable growth Mastercard and Microsoft Corp. announced a collaboration to shape the future of digital commerce, drive startup innovation and enable financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research and development activities, enabled by Azure and......
Entrust Helps Enterprises Take Command of Their Crypto With First-of-its-Kind Cryptographic Center of Excellence Solutions
Fintech News

Entrust Datacard Joins with Deluxe to Bring Leading Financial Instant Issuance Solutions to Customers

Fintech News Desk
by Fintech News Desk0
Instant issuance helps banks and credit unions deliver a customized and touchless experience while deepening customer relationships Entrust Datacard announced it has entered into an agreement with Deluxe, a Trusted Business Solutions™ company, to provide Deluxe customers access to a comprehensive portfolio of financial card instant issuance solutions. Under the......
Northern Trust Launches New Cloud-Based Insurance Accounting and Analytics Application
Banking News

Northern Trust Pension Universe Data: Canadian Pension Plans Benefit From Sharp Rebound in Global Equities During Second Quarter 2020

Fintech News Desk
by Fintech News Desk0
Strong equity performance in the second quarter of 2020 helped Canadian defined benefit plans recover most of the investment losses experienced during the initial days of the Covid-19 pandemic, according to the Northern Trust Canada Universe. Major equity markets responded favorably as economies reopened and stimulus packages gained traction, concluding......
Capital Markets Fintech News

DebtX Offers $366 Million Real Estate Portfolio in the Nation of Colombia

Fintech News Desk
by Fintech News Desk0
DebtX, the largest secondary marketplace for loans, today announced it is offering a $366 million portfolio of real estate assets in Colombia. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions The portfolio consists of just over 5,000 properties, primarily residential and land assets. The......
Ping An Bank named World's Best Digital Bank
Banking Fintech Mobile Banking News

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) won the “Asia’s Best Digital Bank” award in Euromoney’s Awards for Excellence 2020. Ping An Bank is China’s first bank to receive this award. Previous......
Fintech News

Coronavirus Impact Drops Americans’ Financial Satisfaction to 2015 Levels: AICPA index

Fintech News Desk
by Fintech News Desk0
As Americans continue to endure the economic impact of the COVID-19 pandemic, financial satisfaction continues to fall from its recent all-time high. The AICPA’s Q2 2020 Personal Financial Satisfaction index (PFSi) measures 15.2, a 55 percent (18.5 point) decrease from the previous quarter. This is the PFSi’s largest quarterly drop in......
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