Search Results for: capital investment

Dennis Queal Named New Executive Vice President at Data Center Inc. (DCI)
Banking Fintech News

Dennis Queal Named New Executive Vice President at Data Center Inc. (DCI)

Fintech News Desk
by Fintech News Desk0
CFO Prioritizes the Balance of Growth & Efficiency for Bank Tech Developer Data Center Inc. (DCI), the privately-owned developer of iCore360 core banking software and related digital technologies, has announced the promotion of Dennis Queal to Executive Vice President and Chief Financial Officer. Read More: Jack Henry & Associates Launches Core-Integrated......
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
Fintech News

CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back

Fintech News Desk
by Fintech News Desk0
The CEO of BlockFi said the crypto lending platform is extending credit to miners at a time when competition for their business has eased because of the coronavirus crisis. “We’re starting to establish relationships with miners for the first time now,” Zac Prince said. The reason: The market has lost......
Justworks Launches New Tax Deferral and PPP Tools to Help Businesses Get COVID-19 Relief
Business Fintech News

Justworks Launches New Tax Deferral and PPP Tools to Help Businesses Get COVID-19 Relief

Fintech News Desk
by Fintech News Desk0
Customers can opt in to defer their employer-paid Social Security taxes and generate Paycheck Protection Program (PPP) loan reports directly in the Justworks platform  Justworks announced the launch of a new tax deferral feature and Paycheck Protection Program (PPP) reporting functionality as part of a dynamic COVID-19 relief center built into......
Consolidated Analytics Launches loanDNA, Powered by Mortgage Artificial Intelligence (Ai)
Artificial Intelligence Fintech News

Consolidated Analytics Launches loanDNA, Powered by Mortgage Artificial Intelligence (Ai)

Fintech News Desk
by Fintech News Desk0
loanDNA Provides Critical Intelligence for Servicers and Investors to Optimize Decision Making- Consolidated Analytics, Inc., a leading provider of end-to-end mortgage solutions, announced the launch of loanDNA. Powered by mortgage artificial intelligence (AI), loanDNA enables efficient and highly accurate cash flow projections for individual and bulk mortgage assets which will......
Small Business Owners See Expanded Use of Contactless, Some Increases in Sales During COVID-19
Business Fintech News

Small Business Owners See Expanded Use of Contactless, Some Increases in Sales During COVID-19

Fintech News Desk
by Fintech News Desk0
Small businesses are suffering, as a result, the COVID-19 pandemic, but there are some bright spots according to a new report from the Electronic Transactions Association (ETA) and The Strawhecker Group (TSG) released. In a survey of small business owners conducted in late March, almost 40 percent reported that their......
Taulia: Early Payment Volume Is up 208% as Small Business Demand for Financing Increases During the COVID-19 Crisis
Fintech News

Taulia: Early Payment Volume Is up 208% as Small Business Demand for Financing Increases During the COVID-19 Crisis

Fintech News Desk
by Fintech News Desk0
More than USD 4 billion in early payments accelerated in March Early payment volume is up 208% month-over-month as COVID-19 increases demand for financing by small businesses, according to the latest insights by Taulia, the leader in working capital technology solutions. These insights confirm that small businesses are in need......
Cadence Acts As Sole Structuring Agent On $40 Million Securitization for FAT Brands
Fintech News

Cadence Unlocking Private Credit With Launch of Dutch Auction System

Fintech News Desk
by Fintech News Desk0
Cadence also announces $4 million seed round to fuel its growth On the heels of unprecedented market volatility, Cadence Group, Inc., a leading fintech securitization platform, announced it has launched a Dutch auction for new investments made available on its platform. Read More: Invoia Re-Brands, Focuses on Small Businesses With Recurring......
Abrigo Solution Enables Community Financial Institutions to Handle 15,000 PPP Loan Applications for Small Businesses Since Friday
Banking Business Fintech News

Abrigo Solution Enables Community Financial Institutions to Handle 15,000 PPP Loan Applications for Small Businesses Since Friday

Fintech News Desk
by Fintech News Desk0
Abrigo announced that community financial institution customers of its SBA Lending solution have handled nearly 15,000 loan applications through the Small Business Administration’s Paycheck Protection Program (PPP) since Friday. This number is expected to grow significantly this week; application volume is tracking to exceed $10 billion in loans to small businesses. Read......
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