Search Results for: Economy

Silexica Expands Into FinTech Industry Bringing Next-Generation Compute Acceleration
Fintech Investment Services News Trading

Silexica Expands Into FinTech Industry Bringing Next-Generation Compute Acceleration

Fintech News Desk
by Fintech News Desk0
Empowering Financial Services with SLX FPGA for Improved Performance and Time-to-Market Silexica (SLX) has announced its entry into the FinTech industry to help financial service companies and exchanges leverage next-generation compute acceleration for improved latency/throughput, determinism, risk management, security, performance per watt, and total cost of ownership (TCO). Silexica’s SLX Tool......
VantageScore Whitepaper Examines Relationship Between a Credit Score and Risk Over Time
Economy Fintech News Risk Management

VantageScore Whitepaper Examines Relationship Between a Credit Score and Risk Over Time

Fintech News Desk
by Fintech News Desk0
Examination uncovers how credit scores can be used as continued economic dislocation looms VantageScore Solutions, LLC, developer of the credit score model, released a whitepaper on the credit score’s role in understanding consumer credit risk and the need to closely monitor the risk represented by a given credit score in......
Sheaff Brock Reviews Why Market is This Strong in Midst of Bad News
Fintech News

Sheaff Brock Reviews Why Market is This Strong in Midst of Bad News

Fintech News Desk
by Fintech News Desk0
Registered Investment Advisory in Indianapolis Sheaff Brock Managing Director Dave Gilreath offers a possible reason why the market is this strong when news continues to be so bad. On March 23, 2020, two things happened. Per The Earnings Scout, the COVID-19 death “rate of change” peaked, with a steady descent following. At the same......
Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
Featured Fintech Fintech Funding Fintech Startups

Fintech Start-up Marqeta Lands USD 150 Million in New Funding Raising Its Valuation to $4.3 Billion

Paroma Sen
by Paroma Sen0
At a time when business continuity is top-of-mind for most leaders and valuations are constantly on the downfall, global card issuing platform Marqeta announced that it has raised an additional $150 million in new capital. FT Partners, a Fintech-focused investment bank is said to have advised Marqeta on the $150......
Banking Fintech Guest Posts

How the Crisis-Fuelled Digitization of Banks Will Spark Long-Term Customer Loyalty

Meenaz Sunderji
by Meenaz Sunderji0
In the wake of COVID-19, most industries are adjusting their processes, operations and offerings to help support the needs of their customers. The steps organizations take now could lay the foundation for the next several years. For example, all eyes are on the banking industry. As the world navigates the......
New AICPA Chair: Accountants’ Experience Needed Now More Than Ever
Fintech News

New AICPA Chair: Accountants’ Experience Needed Now More Than Ever

Fintech News Desk
by Fintech News Desk0
Accounting professionals have a crucial role to play in fostering prosperity, opportunity and trust during the current crisis, according to Tracey Golden, the new chair of the American Institute of CPAs (AICPA), the world’s largest member organization representing the CPA profession. Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings......
Ant Group Releases 2020 CSR Report: Digital Technology Can Help Create a Better Future
Economy Fintech News

Ant Group Releases 2020 CSR Report: Digital Technology Can Help Create a Better Future

Fintech News Desk
by Fintech News Desk0
Ant Financial Services Group (“Ant Group”) has released its 2020 Corporate Social Responsibility (CSR) report, detailing its efforts to leverage the power of digital technology to build a better future, particularly as communities across the globe continue to grapple with challenges posed by COVID-19. Read More: Kensho Collaborates with NVIDIA......
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