In the last 10 years or so, global financial institutions and regulatory bodies have come together to unleash a battery of regulations for Banking, Insurance, and Micro-economies. The advancement of new technologies such as AI, Machine Learning Engineering, Big Data, Cloud and Edge Computing, Blockchain and Crypto, and low-code DevOps, have heavily disrupted the RegTech industry. This primer dives......
Mercurity Fintech Holding Inc. announced that Mr. Cong Huang has been appointed as Independent Director to the Company’s Board of Directors, and Mr. Liu Hao has been appointed as a Director to the Board. These changes were put into effect on March 4, 2021. Mr. Cong Huang is a renowned researcher and entrepreneur in......
Future FinTech Group Inc., a leading blockchain e-commerce company and a service provider for financial technology, announced that on February 26, 2021, the Company received registration certificates for ten software copyrights related to blockchain technology applications issued by the China National Copyright Administration (“CNCA”). On December 31, 2020, the China Copyright Protection Center of......
Medallion Financial Corp. announced that Medallion Bank has entered into a definitive agreement with ClearGage, LLC to provide loan origination services. ClearGage operates a technology platform which allows merchants or providers to offer a point-of-sale consumer finance program and ongoing loan servicing for their customers with a focus on the......
Baker Tilly audit of Socure’s Intelligent KYC solution provides product accuracy verification, establishes regulatory compliance, and creates further trust with clients Socure, the leader in Day Zero identity verification, and Baker Tilly, announced the companies have successfully completed an audit of Socure’s Intelligent KYC solution. The report verifies that Socure’s Intelligent KYC......
– Finastra publishes five-point plan to tackle algorithmic bias in consumer finance decision-making – New KPMG report, commissioned by Finastra, examines the size of global consumer lending markets and the potential impact of algorithmic bias in society – Finastra urges the financial industry to address the problem and work together......
Top Fintech Companies Set to Join Spring 2021 Accelerator Program Falls Fintech, the fintech accelerator founded by Central Payments in 2019, is excited to announce the five companies that make up its third cohort of fintech startups. The 12 week program kicks off on March 1, 2021. Falls Fintech is......
SmartCard Marketing Systems Inc: The company recently entered a Letter of Intent to acquire the Intellectual Property of Chat Bot AI to further accelerate and complement client acquisition and conversions and now finalized the agreed purchase terms. Note: Executive management is excited about this addition to its portfolio of intellectual......
PayGround introduces the first healthcare payments engine to allow patients to securely submit payments to all of their providers across one simple workflow and user interface. For providers, this means easy collection and improved economics Healthcare FinTech start-up, PayGround, announced the closing of its $4M Seed Round to strengthen its position of......