Search Results for: economic challenges

WEOWNS - the World's First People's Cryptocurrency
Cryptocurrency Digital News

WEOWNS – the World’s First People’s Cryptocurrency

Fintech News Desk
by Fintech News Desk0
WEOWNS is a cryptocurrency with the goal of being the world’s first cryptocurrency for the people. It allows everyone to build up capital income ownership in an economy that gives more benefits back to those who contribute. It can be found on popular decentralized exchange UNISWAP and it will have......
Genesis Bank Announces Partnership With Asian Business Association of Orange County
Banking Fintech News

Genesis Bank Announces Partnership With Asian Business Association of Orange County

Fintech News Desk
by Fintech News Desk0
Genesis Bank announced that it has entered into a partnership agreement with the Asian Business Association of Orange County (“ABAOC”). The partnership focuses on critically important initiatives covering small businesses growth, financial literacy education, internships, mentorships, and business development opportunities through programs designed specifically to positively impact the financial success......
Benefits of the Decentralized Economy from the Right Balance of CBDC and Private Cryptocurrency: Raj Chowdhury
Cryptocurrency Digital Digital Payments News

Benefits of the Decentralized Economy from the Right Balance of CBDC and Private Cryptocurrency: Raj Chowdhury

Fintech News Desk
by Fintech News Desk0
The true benefits of decentralization may be achieved by allowing both CBDC and private digital currencies to thrive, says Raj Chowdhury As central banks, worldwide, prioritize the development and launch of their Central Bank Digital Currency (CBDC), founder and CEO of HashCash Consultants, Raj Chowdhury considers its societal impact. China establishing its digital......
The Future of Emerging Payments: Connecting Cash with Digital How the Pandemic Is Fueling the Subscription Economy
Commerce Guest Posts

How the Pandemic Is Fueling the Subscription Economy

Nikhita Hyett
by Nikhita Hyett0
The coronavirus pandemic accelerated the growth of the subscription economy. Multiple lockdowns forced businesses and consumers alike to seek more flexible and convenient ways to procure goods and services. And it’s a trend that looks set to stay. Rise of Subscription Payments Whether it’s meal kits from companies like Hello......
Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments
Banking Finance Fintech News

Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments

Fintech News Desk
by Fintech News Desk0
More than Half of Fund’s Total Investments are in Minority-Owned and Women-Owned Companies Citi announced its next round of investments through the Citi Impact Fund, a $200 million fund launched in 2020 to invest in companies that are addressing some of the biggest societal challenges. The new companies included in......
PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity
Finance Fintech Investments News

PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. announced it will deposit $135 million of its capital into mission-driven financial institutions and management funds that help underserved communities of color to fight barriers to economic equity, including Hope Credit Union,  OneUnited Bank, Self-Help Federal Credit Union, CNote’s Wisdom Fund and various smaller institutions through a CNote Promise Account. These investments are part of PayPal’s $535 million commitment to strengthen Black businesses and underserved communities, and help drive......
Acrisure Backs ‘Arts Marketplace’ to Support Women and Minority-Owned Artisans
Fintech InsurTech News

Acrisure Backs ‘Arts Marketplace’ to Support Women and Minority-Owned Artisans

Fintech News Desk
by Fintech News Desk0
Partnership creates opportunities and removes barriers for diverse entrepreneurs in West Michigan Acrisure, a top-10 global insurance broker and fintech services provider, today announced it has become a platinum sponsor of the Arts Marketplace at Studio Park, a platform for women and minority-owned makers and artisans in the heart of......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Qonto And Raisin Join Forces To offer German businesses An Escape From Negative Interest
Banking Business Fintech News

Qonto And Raisin Join Forces To offer German businesses An Escape From Negative Interest

Fintech News Desk
by Fintech News Desk0
Business customers in Germany have one of the highest interest burdens in Europe, with the average rate on term deposits now at -0.42%. To this end, the European business account Qonto is cooperating with Raisin to bring its customers in the German market higher rates. Qonto customers – primarily SMEs......
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