Search Results for: bankruptcy

Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services
Lending News

Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services

Business Wire
by Business Wire0
Pioneer of peer-to-peer lending marketplace in the United States wins FICO® Decisions Award for Financial Inclusion Prosper, the first peer-to-peer lending marketplace in the United States, has used FICO Scores for its new Prosper Card to extend credit services to over 200,000 near-prime customers and proactively manage credit line changes......
Banking Fintech Mortgage News

Homeowners Are Protected From “Zombie Mortgages” By New CFPB Regulations

Fintech Staff Writer
by Fintech Staff Writer0
What is “Zombie Second Mortgage”? The origin of these “zombie” mortgages may be traced back to “piggyback” mortgages, when a mortgage, also known as a “80/20 loan,” consisted of a first lien loan for 80% of the home’s value and a second lien loan for the remaining 20%. The second......
Matrixport Enhances Prime Brokerage Offerings with Copper to Better Safeguard Exchange Access and Manage Counterparty Risks
Digital Asset Management News

Matrixport Enhances Prime Brokerage Offerings with Copper to Better Safeguard Exchange Access and Manage Counterparty Risks

PR Newswire
by PR Newswire0
Partnership provides institutional prime brokerage clients secure access to leading exchanges with off-exchange capital optimisation settlement features Matrixport, one of the world’s largest and trusted digital assets financial services ecosystems, announced a flagship partnership with Copper.co, a leading institutional digital asset custody provider, integrating its pioneering off-exchange collateral management and......
Sino Global Capital, Circle Ventures, and Polygon Ventures Back OpenTrade, Platform for USDC-Denominated Investments in Tokenized Financial Assets
DeFi News

Sino Global Capital, Circle Ventures, and Polygon Ventures Back OpenTrade, Platform for USDC-Denominated Investments in Tokenized Financial Assets

PR Newswire
by PR Newswire0
OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures. OpenTrade’s platform will provide users seamless access to a suite of on-chain structured financial products that are backed by investment......
CFPB Report Highlights Costly Credit Cards and Loans Pushed on Patients
Finance News

CFPB Report Highlights Costly Credit Cards and Loans Pushed on Patients

Fintech News Desk
by Fintech News Desk0
Financial companies work with healthcare providers to sign patients up for specialty credit cards and other targeted financing products Today, the Consumer Financial Protection Bureau (CFPB) published a report on high-cost specialty financial products, such as medical credit cards, that are sold to patients as a way to alleviate the......
BRG Launches Digital Economy and Platform Markets Practice
Finance Fintech News

BRG Launches Digital Economy and Platform Markets Practice

PR Newswire
by PR Newswire0
New group will be led by one of the world’s leading testifying experts on digital economy matters alongside award-winning antitrust economists to address disputes and industry-wide challenges  As the digital transformation sweeps through the traditional economy, global expert services and consulting firm Berkeley Research Group (BRG) announced that it has......
Confluence and FundGuard Partner to Streamline Fund Reporting
Investment Services News

Confluence and FundGuard Partner to Streamline Fund Reporting

Business Wire
by Business Wire0
Confluence’s Unity platform combined with FundGuard’s capabilities will enhance operational efficiency and deliver customers an out-of-box financial reporting experience Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, announced a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting......
Fyle’s No-Code, Real-Time Expense Reporting Platform Can Now Help Us Banks Double Their Credit Card Spend Volumes
Banking News

Fyle’s No-Code, Real-Time Expense Reporting Platform Can Now Help US Banks Double Their Credit Card Spend Volumes

PR Newswire
by PR Newswire0
Fyle becomes the first in the industry to offer US banks a no-code expense management platform they can directly provide customers. The 8 largest banks in the U.S. accounted for over $700 billion in transaction volume on commercial cards in 2021. Yet, despite forming a large share of a bank’s customer base,......
Nitra Helps Medical Companies Weather Bank Crisis
Banking Investment Services News

Nitra Helps Medical Companies Weather Bank Crisis

PR Newswire
by PR Newswire0
Nearly 100 companies respond to offer of short-term funding solutions As federal regulators debated how to manage several high-profile bank failures in the last week, almost 100 companies, including many in healthcare and health technology that were desperate to access deposited funds, responded to Nitra’s offer to provide short-term funding......
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