Search Results for: FIS

Mobile Banking News

Actor / Entrepreneur Brandon T. Jackson and Tech Pioneer Mark Bush Revolutionize Fintech With KingdomPay, a Black-Owned Social Mobile Banking App

Fintech News Desk
by Fintech News Desk0
The Covid-19 pandemic, coupled with the recent civil unrest, has created a tumultuous climate for unheralded change. Inspired with a vision for empowering communities of color while bridging the racial wealth gap, comedian/actor/producer and now FinTech entrepreneur, Brandon T. Jackson and Technology Pioneer Mark Bush, knew it was time to catalyze these chaotic energies......
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)......
Fintech News

Schwab Announces the Appointment of Two New Board Members

Fintech News Desk
by Fintech News Desk0
The Charles Schwab Corporation today announced the appointment of two new members to the company’s board of directors. Marianne C. Brown and Gerri K. Martin-Flickinger will join the board as independent directors, effective August 1, 2020. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync Brown currently serves as a......
Fintech Investment Services News

Great Hill Partners Adds Experienced Payment Leader as Executive-in-Residence

Fintech News Desk
by Fintech News Desk0
Ian Drysdale Will Focus on Financial Technology, Payments, and Software Investments  Great Hill Partners, a leading growth-oriented private equity firm, today announced that Ian Drysdale has joined as an Executive-in-Residence (“EIR”) to focus on identifying and pursuing investment opportunities in the financial technology, payments, and software sectors. Drysdale brings more than......
Financial Data Exchange Launches FDX API 4.2 - Now the Most Comprehensive Tax Information API in the United States
Fintech News

Leading Canadian Financial Services Firms Moving to Adopt the FDX Technical Standards for Secure Financial Data Sharing

Fintech News Desk
by Fintech News Desk0
Financial Data Exchange Launches in Canada Financial Data Exchange, LLC (FDX) has officially launched in Canada, with 31 organizations leading the country’s financial services ecosystem in joining FDX and taking part in its mission to develop a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing. Read More: Strider......
Triterras Launches Kratos Logistics Module in Partnership with Seven Oceans
Business Fintech News Trading

Netfin Acquisition Corp. to Combine with Triterras Fintech Pte Ltd., Creating a Leading Fintech Company Focused on Global Trade and Trade Finance

Fintech News Desk
by Fintech News Desk0
Netfin Acquisition Corp. (Nasdaq: NFIN, NFINW) (“Netfin” or the “Company”), a special purpose acquisition company targeting businesses in the fintech industry, and Triterras Fintech Pte Ltd. (“Triterras Fintech”), a leading fintech company for commodity trading and trade finance, have entered into a definitive agreement for Triterras Fintech to become a publicly listed......
Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Business Fintech News

Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses

Fintech News Desk
by Fintech News Desk0
Enova International and OnDeck, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume-weighted average price......
Fintech News

Prime Consumers Under Increasing Financial Strain, According to Latest Reading From Consumer Sentiment Tracker

Fintech News Desk
by Fintech News Desk0
A new study released today by Elevate’s Center for the New Middle Class (CNMC) reveals that prime consumers (those with credit scores of 700 and above) are exhibiting significant financial weakness due to the coronavirus pandemic while conditions for non-prime consumers, a population of approximately 150 million in the United States, seem......
Banking Economy Fintech News

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
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......
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