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B2B Business Digital News

Biz2Credit Sees Growth In Business Loan Approval Rates At Non-Bank Lenders

Fintech Staff Writer
by Fintech Staff Writer0
Small business loan approval rates at credit unions continue to drop. In January, credit unions approved 20.1% of loan requests, down one-tenth of a percentage from December. Small business loan approval percentages at big banks slipped again, falling from 14.5% in December to 14.4% in January 2023, according to the......
B2B Lending News

CFPB Floats Guidance To Protect Mortgage Borrowers

Fintech Staff Writer
by Fintech Staff Writer0
The Consumer Financial Protection Bureau (CFPB) has issued an advisory opinion to protect Americans from double dealing on digital mortgage comparison-shopping platforms. Companies operating these digital platforms appear to shoppers as if they provide objective lender comparisons, but may illegally refer people to only those lenders paying referral fees. When......
Banking Fintech Markets News

FinTech Australia Says ING Systems Breaching Open Banking Norms

Fintech Staff Writer
by Fintech Staff Writer0
ING is preparing to swap out its consumer data right (CDR) system, which relates to how bank customers can choose to share their data with third party providers.In addition, the statement claims that not all third parties, or accredited providers (ADR), were notified of the move, leaving them scrambling to......
Banking Economy News

FalconX Hires Technology Sector Veteran Baris Cetinok As Chief Product Officer

Fintech News Desk
by Fintech News Desk0
– FalconX, a digital assets platform for institutional investors, announced that Baris Cetinok has joined the team as Chief Product Officer. As a product and technology veteran with more than 25 years of experience, Cetinok has played an integral role in shaping important business initiatives and delivering exceptional products for some of......
Fintech Fintech Funding News

Carbonplace Announces New CEO; Secures USD 45 Million In Funding

Fintech News Desk
by Fintech News Desk0
Carbonplace becomes independent entity based in London, led by new CEO Scott Eaton. USD 45 million in funding received from Carbonplace’s nine founder banks: BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest, Standard Chartered, SMBC and UBS. Carbonplace to leverage capital injection to scale platform, grow team and expand services to......
Banking Digital Markets News

GoCardless Opens Up Access To Its Global Bank Payment Network

Fintech News Desk
by Fintech News Desk0
GoCardless, a global leader in direct bank payments, has launched GoCardless Embed, a new integration for third party payment providers to access its global bank payment network and reap the benefits of bank-to-bank payments. GoCardless Embed, which comes white labelled as standard, allows payment providers to integrate GoCardless’ global bank......
Cryptocurrency Finance Fintech News

Ramp Announces Global Availability Of Off-Ramp Following FCA Approval

Fintech News Desk
by Fintech News Desk0
 Ramp, a financial technology company that builds payment rails connecting crypto to the global financial system, has announced the global availability of off-ramp, a software product enabling businesses to offer their customers a fast, secure and convenient way to sell cryptocurrencies. While Ramp’s on-ramp product – registered with the UK’s Financial......
Cryptocurrency Digital News

Life DeFi Wallet Added To The Apple App Store

Fintech News Desk
by Fintech News Desk0
Life DeFi Wallet, a non-custodial digital wallet service, is now available on the Apple App Store, making it the first multi-blockchain wallet in the world on Apple that allows users to make digital asset transfers to usernames. This represents a vast improvement over the use of complicated public crypto addresses......
Lending Markets News Technology

Archimedes Prepares Launch Of Its Innovative Lending And Borrowing Marketplace Providing Top of Market APY

Fintech News Desk
by Fintech News Desk0
Archimedes Finance is soon launching its new, unique overcollateralized lending and borrowing marketplace on Ethereum mainnet, shortly after announcing its $4.9M in seed fundraise led by Hack VC. Archimedes will be launching its Liquidity pool on Curve on February 14 and its Leverage Engine on February 20. The Archimedes protocol attracts......
B2B Finance News

AppTech Payments Corp. Expands SaaS Offerings Through Strategic Partnership with Nuvei

Fintech News Desk
by Fintech News Desk0
AppTech Payments Corp., a Fintech company powering commerce experiences, is excited to announce a strategic partnership with Nuvei, a global payments technology company. This partnership strengthens AppTech’s Software as a Service (SaaS) offering to deliver continual innovation and growth, extends its global reach, and expands the company’s footprint by supporting......
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