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Chinese insurtech firm Waterdrop raises $230M, plans IPO
Fintech InsurTech News

Chinese insurtech firm Waterdrop raises $230M, plans IPO

Fintech News Desk
by Fintech News Desk0
Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Reinsurance Co. Ltd. and Chinese internet giant Tencent Holdings Ltd., it said on Thursday. Waterdrop’s existing investors, including IDG Capital and Wisdom Choice Global Fund, also participated, it said in a statement.......
Artificial Intelligence News

MRS Announces Further Developments To Artificial Intelligence Tool Have Driven Record Results

Fintech News Desk
by Fintech News Desk0
MRS BPO LLC, a leading provider of services to the accounts receivable management industry, announced that their proprietary conversational IVR tool, Adam, has driven record results in 2020. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers Launched in beta mode in mid-2018, Adam is a virtual agent,......
Fintech News

X Financial Appoints New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
X Financial, a leading technology-driven personal finance company in China, today announced that it has appointed Mr. Frank Fuya Zheng as the Company’s Chief Financial Officer, effective August 24, 2020. Mr. Zheng will succeed Mr. Kevin Jie Zhang, who has resigned from his position due to personal reasons. Mr. Justin Yue Tang, the Company’s Founder,......
Mastercard Launches Partnership with HSBC to Promote More Sustainable and Inclusive Communities
Business Fintech News

Mastercard partners with AlRaedah Finance to offer unique payment solutions for SMEs in Saudi Arabia

Fintech News Desk
by Fintech News Desk0
Mastercard has signed a Memorandum of Understanding (MoU) with AlRaedah Finance, to launch a unique ‘SME in a Box’ payment solution for small and medium sized businesses (SMEs) in the Kingdom of Saudi Arabia. Read More: COVID-19 and Automation are Changing Finance for Good A first-of-its-kind initiative, the partnership will......
Manzil Partners With KOHO to Launch Halal Prepaid Visa Cards
Business Fintech News

Manzil Partners With KOHO to Launch Halal Prepaid Visa Cards

Fintech News Desk
by Fintech News Desk0
This launch is the first of its kind in Canada and will give faith based users a unique opportunity to spend and save money  Manzil, a digital Islamic financial services and alternative financing company announced its Halal Prepaid Visa card launch in partnership with KOHO, Canada’s leading challenger bank. KOHO is a......
Strivve Announces “TopWallet™ Rewards” - First-Ever Rewards Platform Driving Top of Wallet® Online Payment Incentive Programs
Fintech News

Strivve Announces “TopWallet™ Rewards” – First-Ever Rewards Platform Driving Top of Wallet® Online Payment Incentive Programs

Fintech News Desk
by Fintech News Desk0
CardUpdatr App and CardSavr® Platform Provide Card Issuers Real-Time Card-On-File Rewards Solutions Strivve, a Seattle-based financial technology company, announced the availability of TopWallet™ Rewards, complementing the recently announced TopWallet™ Tools. TopWallet Rewards is powered by Strivve’s CardSavr Platform and provides real-time notifications to card issuers, allowing them to immediately reward their......
Canopy Releases Feature Updates for Its Practice Management and Tax Resolution Software
Fintech News

Canopy Shares Insights on What Clients Expect from Their Accountant

Fintech News Desk
by Fintech News Desk0
New report finds that in-person meetings and online document exchange are very important for clients Canopy, the leading cloud-based practice management platform for accounting professionals, today shared results from its survey on what clients appreciate and would like their accountant to change. The study found that 85 percent of those......
Majesco Announces Latest Release to Majesco Life AdminPlus
Business Fintech InsurTech News

Majesco Announces Latest Release to Majesco Life AdminPlus

Fintech News Desk
by Fintech News Desk0
Enhancements extend digital capabilities for Child Trust Funds to retain and grow Gen Z customers Majesco, a global leader of cloud insurance software, announced the latest release (Q12020) of the Majesco Life AdminPlus solution. The latest version provides a digital pathway for Child Trust Funds (CTFs) to be automatically transferred......
Penn Community Bank Selects Moody’s Analytics to Automate CECL Workflow
Economy Fintech News

Penn Community Bank Selects Moody’s Analytics to Automate CECL Workflow

Fintech News Desk
by Fintech News Desk0
Moody’s Analytics announced that Penn Community Bank has selected the ImpairmentStudioTM solution to support its adoption of the Current Expected Credit Loss (CECL) accounting standard. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers Penn Community Bank selects Moody’s Analytics to automate its CECL workflow Banks and credit......
NEC Acquires a Leading Swiss Financial Software Company, Avaloq
Banking Fintech News

Bankia Accelerates Democratization of Wealth Management With Avaloq

Fintech News Desk
by Fintech News Desk0
Bankia, the fourth largest financial institution in Spain, has selected Avaloq’s on-premises solution to support the bank’s aspiration to further grow its wealth management business. Bankia, which selected Avaloq after a highly competitive tender process, is the wealthtech’s first Spanish banking client. Read More: COVID-19 and Automation are Changing Finance......
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