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Business News

Franklin Templeton Appoints Jeff Masom to Head of US Distribution

Fintech News Desk
by Fintech News Desk0
Franklin Templeton today announced the appointment of Jeff Masom, CFA®, as Head of US Distribution, overseeing US retail and institutional distribution, including US marketing and product strategy, reporting to the recently announced Head of Global Distribution, Adam Spector. Masom will join the firm August 31, 2020 and be based in Baltimore,......
B2C Fintech News

COVID-19 Changes American Perspective on Wealth and Finances

Fintech News Desk
by Fintech News Desk2
Financial stress is on the rise but Americans exhibit positive financial behaviors during a difficult period According to Charles Schwab’s 2020 Modern Wealth Survey, an annual examination of perspectives on saving, spending, investing and wealth, 57 percent of Americans say that they or a close family member have been financially......
Fintech News

Equitable Names Connie Weaver Chief Marketing Officer

Fintech News Desk
by Fintech News Desk0
Seasoned industry executive to lead marketing and client experience for financial services provider with iconic American brand Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE: EQH), today named Connie Weaver as Chief Marketing Officer. Weaver becomes a member of the company’s Operating Committee and reports to Nick......
Fintech Mobile Banking News

Gold Payment App CORO Publicly Launches on Historic Day Gold Reaches 228-Year High against the U.S. Dollar

Fintech News Desk
by Fintech News Desk0
Miami-based fintech Coro Global Inc. (OTCQB: CGLO) today announced the official public launch of CORO, a gold payment app where users can buy, exchange and transfer gold as money, on the same day that the market price of gold reached an all-time high. Gold soared past $1,921.17 per ounce today, confirming its......
Banking Fintech News

HSBC Launches ESG Unit, New Strategic Solutions Group

Fintech News Desk
by Fintech News Desk0
HSBC today announced the formation of a dedicated Environmental, Social and Governance (ESG) Solutions unit to help clients around the world rebuild and transition their businesses and economies in a more sustainable way post-COVID-19. HSBC has taken a leading global role in ESG financing in recent years and the new......
Banking News

Ozow – Paving the Way for Open Banking in Africa

Fintech News Desk
by Fintech News Desk0
Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. “In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change......
Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients
Fintech Funding Investment Services News

Citi Extends Fund Accounting Services to UK Investment Trusts

Fintech News Desk
by Fintech News Desk0
Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts. There are approximately 350 investment trusts in the UK with £186 billion in assets under management1. “Investment trusts are an important vehicle for UK asset managers,” said......
InsurTech News Trading

DriveWealth Partners with MotivHealth to Create Comprehensive HSA platform to Contribute and Invest

Fintech News Desk
by Fintech News Desk0
DriveWealth, LLC, a leader in global digital trading technology, today announced their partnership with Utah-based insurance provider MotivHealth to provide an industry first, frictionless health savings account (HSA) investing experience that allows customers to view health insurance claims, manage their HSA and make trades with their HSA all from the same interface.......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Fintech News

Mphasis Digital Risk Leverages Mendix Low-Code Platform to Drive Fast, Effective Digitalization for the Financial Services Industry

Fintech News Desk
by Fintech News Desk0
$1.7 trillion in secondary mortgage loans processed through Mendix-built applications One developer using Mendix does the work of four developers working in .NET Citizen developers emerge as a powerful force to get internal apps built  Mendix, a Siemens business and the global leader in enterprise low-code, today announced that Mphasis......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech Investment Services News

Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa

Fintech News Desk
by Fintech News Desk0
Africa’s fintech sector is key to the region’s economic growth as technology enables remittance inflows of money from its diaspora to boost disposable income and balance of payments. So says ICON Corporate Finance, the tech-focused investment bank, which recently advised on one of the sector’s most significant transactions in recent......
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