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CFPB Announces Steps to Prevent the Weaponization of Credit Reporting SystemCFPB Announces Steps to Prevent the Weaponization of Credit Reporting System
Consumer protection laws Credit Bureaus debt collection Featured

CFPB Announces Steps to Prevent the Weaponization of Credit Reporting System

Sudipto Ghosh
To prevent the weaponization of existing credit rating systems by debt collectors and insurance agents, the CFPB has taken stringent steps. CFPB has released a report on how various agents are misusing credit rating systems to coerce people. Amid COVID-19, there is a total outstanding of around $88 billion USD......
Product Leader Tad Fordyce Joins a World’s First Fintech Markaaz as Chief Product Officer
Finance News

Product Leader Tad Fordyce Joins a World’s First Fintech Markaaz as Chief Product Officer

Fintech News Desk
Tad Fordyce spent his 25-year career at Comdata, Epsilon, Visa, and Hilton Hotels Tad Fordyce, a one-of-a-kind creative executive and pioneer in the financial services and loyalty marketing industries has joined Markaaz as Chief Product Officer this month, February 2022. Markaaz is building the trusted place for all businesses to connect, small......
Delchain Launches Custody Support Service for NFTs
Digital Asset Management News

Delchain Launches Custody Support Service for NFTs

Fintech News Desk
The custody support service allows users to store digital assets securely, minimizing the risk of cyber theft Delchain, an innovative financial digital asset service provider looking to bridge the gap between regulated financial services and blockchain, announces the launch of its custody support service for Non-Fungible Tokens (NFTs). Delchain’s custody......
Life Clips Enhances Security Of BelfricsBT Blockchain With Disruptive XOR Transient Intelligent Cipher Process
Blockchain News

Life Clips Enhances Security Of BelfricsBT Blockchain With Disruptive XOR Transient Intelligent Cipher Process

Fintech News Desk
Life Clips, Inc. announced it has signed an agreement with Software Research Labs LLC providing an exclusive license for the XOTIC (XOR Transient Intelligent Cipher) cryptographic system to enhance the security of the Belfrics blockchain. The license gives Belfrics the exclusive right to use XOTIC relating to blockchain applications. XOTIC......
Obie Launches Partnership With Digital Partners, a Munich Re Company
InsurTech News

Obie Launches Partnership With Digital Partners, a Munich Re Company

Fintech News Desk
Obie to Offer Industry-first Instant Insurance Quotes for Real Estate Investors Obie is partnering with Digital Partners, a Munich Re company, to provide a new, instant insurance offering. This partnership will provide landlords with the ability to obtain bindable insurance quotes for their investment properties within minutes. Latest Fintech Insights: Payrailz Passes......
Leading Institutional Digital Asset Custodian Komainu Appoints Matthew Chamberlain As New Chief Executive
Digital Asset Management News

Leading Institutional Digital Asset Custodian Komainu Appoints Matthew Chamberlain As New Chief Executive

Fintech News Desk
Former CEO of the London Metal Exchange will be instrumental in building on Komainu’s continued success and driving convergence between worlds of traditional and decentralised finance Komainu, a regulated institutional-grade digital asset custody services provider safeguarding over US$5bn in assets, announced the appointment of Matthew Chamberlain as its Chief Executive Officer. For the......
TIAA Appoints Sastry Durvasula Chief Information & Client Services Officer
Fintech Investment Services News

TIAA Appoints Sastry Durvasula Chief Information & Client Services Officer

Fintech News Desk
TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, appointed Sastry Durvasula Chief Information & Client Services Officer. Latest Fintech Insights: Coinswitch Kuber Appoints Industry Veteran Ashish Chandra as General Counsel Durvasula joins, 2022, from McKinsey & Company, where he was Global Chief Technology......
NetDirector Exceeds Industry Standard Security Requirements With SOC 2 and HIPAA/HITECH Audit Completion
Banking News

NetDirector Exceeds Industry Standard Security Requirements With SOC 2 and HIPAA/HITECH Audit Completion

Fintech News Desk
NetDirector, a cloud-based data exchange and integration platform, has once again engaged in the intense process of renewing our SOC 2  and HIPAA compliance examinations with the help of international security audit firm, A-LIGN. NetDirector was recently awarded with complete attestations in compliance with HIPAA, HITECH, and SOC 2 Type......
Digital Payments for Holiday Packages and Movies Rule Festive Appetite with 200% and 450% Growth Respectively: PayU Insights Report - Festive Edition
Fintech News

Digital Payments for Holiday Packages and Movies Rule Festive Appetite with 200% and 450% Growth Respectively: PayU Insights Report – Festive Edition

Fintech News Desk
Maharashtra & Karnataka account for 40% of country’s transactions; Maharashtra for 25% Record of 8mn transactions processed in single day on PayU platform PayU, India’s leading online payment solutions provider unveiled PayU Insights Report – Festive edition , a comparative analysis between digital transaction trends in Festive Season 2020 and 2021.* The Indian festive season......
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