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Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
Fintech Investment Services News

True Link raises $35 million Series B led by Khosla Ventures and Centana Growth Partners

Fintech News Desk
by Fintech News Desk0
Specialized fintech startup ramps up growth of its services for older adults, people with disabilities, and people recovering from addiction True Link Financial, a mission-driven financial technology company, announced today that it has raised a total of $35 million in two Series B tranches, the first led by Khosla Ventures and......
Fintech InsurTech News

NTT DATA Study Reveals Data Crisis as Companies Pivot from Disruption to Transformation

Fintech News Desk
by Fintech News Desk0
NTT DATA Services, a digital business and IT services leader, today announced the results of a new study that signals the urgency of organizations’ data crisis in light of looming recovery needs. The study, “The Big Pivot: From Data Islands to Data Insights” reveals that only 10% of organizations are using data very......
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......
Weyland Tech Adds Augmented Reality Capability to Its CreateApp™ Platform-as-a-Service
Business Fintech News

Weyland Tech Adds Augmented Reality Capability to Its CreateApp™ Platform-as-a-Service

Fintech News Desk
by Fintech News Desk0
 Weyland Tech, a leading global provider of eCommerce, mCommerce, and fintech business enablement solutions, has introduced a new augmented reality module (AR) for its award-winning CreateApp platform-as-a-service used by businesses worldwide. CreateApp enables small-and-medium sized businesses (SMBs) to instantly create a mobile presence and deploy a native iOS or Android mobile......
Magnifi Names Broadridge Executive as Chief Product Officer
Business News

Magnifi Announces CEO, COO & Advisory Members To Lead Next Stage Of Company Growth

Fintech News Desk
by Fintech News Desk0
Announcement adds to appointment of Dave Pottruck, ex-CEO of Schwab and Chairman of Hightower as executive co-chairman in Q2 Magnifi, a company founded by Dr. Vinay Nair at The TIFIN Group and the world’s first natural-language powered investment platform with over 100,000 searches and $100B in assets under influence, today announced Richard Hurwitz, ex-CEO of......
Neustar Launches SmartTrace as Intelligent Skip Trace Alternative for Debt Collections
Fintech News Risk Management

Neustar Launches SmartTrace as Intelligent Skip Trace Alternative for Debt Collections

Fintech News Desk
by Fintech News Desk0
New service identifies and prioritizes the right numbers to call for greater operational efficiency and right-party contact rates Neustar Inc., a global information services and technology company and leader in identity resolution, has launched SmartTrace, a service that improves traditional skip tracing efforts used by first and third party collections agencies to......
iPipeline Integrates AlphaTrust e-Sign into the AFFIRM Order Entry Platform
Fintech InsurTech News

iPipeline Integrates AlphaTrust e-Sign into the AFFIRM Order Entry Platform

Fintech News Desk
by Fintech News Desk0
iPipeline – a leading provider of cloud-based software solutions for the life insurance and financial services industry – announced the integration of AlphaTrust e-Sign into the AFFIRM® order entry system used by the nation’s most respected financial institutions and their advisors. The integration enables advisors to overcome remote selling obstacles......
PitchBook Establishes Office in Hong Kong to Support Growing Customer-Base & Accelerate Greater China Data Initiatives
Economy Fintech Investment Services News

Venture Capital Fundraising and Investment Dollars Remained Healthy Through 1H 2020 Amid Slowdown in Exits and Deal Count Due to Impacts of COVID-19

Fintech News Desk
by Fintech News Desk0
Despite external economic headwinds, venture capital (VC) fundraising activity exhibited strength in Q2 2020 while exit and dealmaking activity slowed due to the impacts of the coronavirus pandemic, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem jointly produced by PitchBook and......
World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty
Fintech Investment Services News

World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty

Fintech News Desk
by Fintech News Desk0
High Net Worth Individual1 (HNWI) wealth and population grew by almost 9% globally in 2019 despite a global economic slowdown, international trade wars and geopolitical tensions, finds the World Wealth Report 2020 from Capgemini. North America and Europe took the lead with around 11% and 9% growth respectively, surpassing Asia-Pacific (with 8%) for the......
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