Search Results for: Payment Protection Program

Forward Financing Reaches $1 Billion in Funding to Underserved Small Businesses
Business Fintech News

Forward Financing Reaches $1 Billion in Funding to Underserved Small Businesses

Fintech News Desk
by Fintech News Desk0
Boston-based Fintech Company Expands Main Street’s Access to Capital During Pandemic, Achieves Major Growth Milestone Forward Financing, a financial technology company that provides flexible revenue-based financing to small businesses, announced that they have provided $1 billion in funding since their inception in 2012. The majority of this funding has gone to......
Microsoft Debuts Financial Services Cloud
Banking Business Fintech Investment Services Mobile Banking News Risk Management

Microsoft Debuts Financial Services Cloud

Fintech News Desk
by Fintech News Desk0
Amid the relentless challenges of 2020, the wheels of the financial industry kept turning. Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies At the root of it all is the historic acceleration of digital technology in the pandemic. It’s what enabled the......
Leading Nonbank Lender, Fountainhead, Partners with Womply to Aid in Funding for Underserved Sector of Small Businesses
Business Fintech Fintech Funding News

Leading Nonbank Lender, Fountainhead, Partners with Womply to Aid in Funding for Underserved Sector of Small Businesses

Fintech News Desk
by Fintech News Desk0
National lender and local commerce platform unite to help streamline Paycheck Protection Program loans Fountainhead, a nationwide nonbank lender for small-to-midsized businesses today announces a partnership with Womply, a data intelligence and commerce platform, to streamline Paycheck Protection Program (PPP) loans for underserved microbusinesses. Read More: Revenued Simplifies PPP Loan Application......
NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions
Artificial Intelligence Business Fintech News

NTT DATA Global Study Finds Nearly 50% of Customers Want Financial Institutions to Act as a Conscientious Advisor on Major Spending Decisions

Fintech News Desk
by Fintech News Desk0
Customers want hyper-individualized financial services. They’re even willing to share personal data and pay more as a tradeoff. According to research findings released today by NTT DATA, there is ample opportunity for financial institutions to harness the power of AI to build more meaningful connections and experiences with customers — vastly......
Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card
Banking Fintech News

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Fintech News Desk
by Fintech News Desk0
Collaboration of Mastercard, Central Bank of The Bahamas and Island Pay gives people additional option to use The Bahamas Sand Dollar central bank digital currency Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new......
Transact Successfully Completes Annual SOC 2 Type 2 Examination, PCI DSS Assessment, and Penetration Tests
Business Fintech News Risk Management

Transact Successfully Completes Annual SOC 2 Type 2 Examination, PCI DSS Assessment, and Penetration Tests

Fintech News Desk
by Fintech News Desk0
Transact, the leader in innovative payment solutions for a connected campus, today announced the successful completion of its annual SOC 2 Type 2 examination, PCI DSS assessment, and penetration tests. Transact, the leader in innovative payment solutions for a connected campus, today announced the successful completion of its annual SOC......
XTM to Launch Direct Deposit for its Today™ Card Holders
Banking Business Fintech News

XTM to Launch Direct Deposit for its Today™ Card Holders

Fintech News Desk
by Fintech News Desk0
XTM, Inc, a Miami and Toronto based Fintech company in the neo banking space, providing mobile banking and payment solutions around the world is pleased to announce its plan to launch a direct deposit program to all of its Today™ Card Holders.  The Today program has been adopted and rolled out to thousands......
New Hedera Token Service Offers Native Token Issuance and Configurability Without Smart Contracts
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New Hedera Token Service Offers Native Token Issuance and Configurability Without Smart Contracts

Fintech News Desk
by Fintech News Desk0
HTS Enables Enterprises to Embrace the Disruption of Tokenization in a Secure, Performant Manner Hedera Hashgraph, the enterprise-grade distributed public ledger, today announced the public availability of the Hedera Token Service (HTS), a new Hedera network service that offers users the ability to issue and configure tokens on the Hedera......
Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
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Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago in January 2020, big banks approved a record high......
Abrigo Helps Community Financial Institutions Secure More than $6 Billion in PPP Loans in 2021
Fintech News

Abrigo Helps Community Financial Institutions Secure More than $6 Billion in PPP Loans in 2021

Fintech News Desk
by Fintech News Desk0
Abrigo is proud to announce that it has helped community financial institutions secure more than 53,000 Paycheck Protection Program (PPP) loans totaling more than $6 billion through its Abrigo PPP Solution since the latest round of the program opened January 11, 2021. Abrigo has enabled more than 380 financial institutions......
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