Search Results for: economy

Wolters Kluwer Lien Solutions Delivers Technology Solution to Navigate Loan Complexities Resulting From CARES Act
Fintech News

Wolters Kluwer Lien Solutions Delivers Technology Solution to Navigate Loan Complexities Resulting From CARES Act

Fintech News Desk
by Fintech News Desk0
Business Entity Search for CARES Act will help lenders ensure compliance and risk mitigation Wolters Kluwer Lien Solutions has responded to urgent client needs and established a technology solution specifically designed to help U.S. lenders navigate the influx of business loan applications, and associated compliance and risk mitigation requirements, resulting from......
Cerebro Raises New Capital to Expand Its Digital Commercial Loan Marketplace
Capital Markets Fintech News

Cerebro Raises New Capital to Expand Its Digital Commercial Loan Marketplace

Fintech News Desk
by Fintech News Desk0
New Capital Raise Supports Cerebro’s Q1 2020 Triple Digit Growth Cerebro Capital, a digital commercial loan marketplace that revolutionizes how corporate credit facilities are sourced and managed, announced it has successfully closed its second round of venture capital. Co-led by Ulu Ventures and Grotech Ventures, it closed March 26, 2020. Sterling Partners returned as an......
GROUNDFLOOR Stimulus Program Launches to Keep Real Estate Development Capital Flowing During COVID-19
Fintech News

GROUNDFLOOR Stimulus Program Launches to Keep Real Estate Development Capital Flowing During COVID-19

Fintech News Desk
by Fintech News Desk0
With more than $10 million repaid on over 50 investments in March alone, the wealthtech platform continues to demonstrate the power of retail investors and decentralized capital markets GROUNDFLOOR, the wealth tech platform that allows everyone to build wealth through real estate, announced the launch of a new program to......
US Venture Capital Investment Has Strong Showing in q1 2020, With Economic Downturn Brought on by COVID-19 Primed to Slow Activity
Fintech Investment Services News

US Venture Capital Investment Has Strong Showing in q1 2020, With Economic Downturn Brought on by COVID-19 Primed to Slow Activity

Fintech News Desk
by Fintech News Desk0
After elevated venture capital (VC) investment in the past few years, deal activity maintained momentum in the first quarter of 2020 amid the impending economic downturn due to the COVID-19 pandemic, which will slow activity through the rest of the year, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report......
Black Knight's Feature-Rich, Product, Pricing and Eligibility Engine, CompassPPE, Is Now Integrated with the Industry-Leading Empower Loan Origination System
Fintech News

Black Knight: Covid-19 Unemployment Spike Triggering Surge in Mortgage Forbearance Requests; Principal and Interest Advances Will Lead to Servicer Liquidity Challenges

Fintech News Desk
by Fintech News Desk0
Using Great Recession mortgage performance as a point of comparison, Black Knight estimates that an unemployment rate of 15%, as projected by Goldman Sachs for Q2 2020, could result in 3.5 million new mortgage delinquencies Data & Analytics division of Black Knight, released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage......
Index Ventures Announces $2B in New Funds to Support Emerging Entrepreneurs
Fintech News

Index Ventures Announces $2B in New Funds to Support Emerging Entrepreneurs

Fintech News Desk
by Fintech News Desk0
In such challenging times, it is heart-warming to see so many business founders responding swiftly to the crisis on their doorstep and committing support to others. Read More: Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility As we navigate these choppy waters, we are witnessing the emergence......
Paidy Announces Additional Funding from ITOCHU Corporation: A Total of US$281 Million Raised Since Launch
Fintech News

Paidy Announces Additional Funding from ITOCHU Corporation: A Total of US$281 Million Raised Since Launch

Fintech News Desk
by Fintech News Desk0
Paidy (Headquartered in Minato-ku, Tokyo; President and CEO: Riku Sugie) hereinafter “Paidy”, a payment provider, offering Buy Now Pay Later services announced a Series C Extension of financing by ITOCHU Corporation (Headquartered in Minato-ku, Tokyo; President and COO: Yoshihisa Suzuki), hereinafter “Itochu Corporation”. Read More: Jack Henry & Associates Launches Core-Integrated......
Community Banks Provide Paycheck Protection Program Loans to Small Businesses With Teslar Software
Banking Business Fintech News

Community Banks Provide Paycheck Protection Program Loans to Small Businesses With Teslar Software

Fintech News Desk
by Fintech News Desk0
Fintech enables banks to quickly and efficiency manage flood of PPP loan applications Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced that it is offering Teslar Unite – PPP. This free module provides community banks a secure portal and......
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......
NortonLifeLock Appoints Natalie Derse as New Chief Financial Officer
Artificial Intelligence Blockchain Fintech News

OK Group Announces Investment in Wuhan CocoBull Technology on the First Day of Wuhan “Restart”

Fintech News Desk
by Fintech News Desk0
On April 8, the day when the 76-day coronavirus lockdown finally ended in Wuhan, OK Group announced its latest multi-million dollar investment with Wuhan CocoBull Technology. Under the impact of the COVID-19 pandemic, many companies, especially those in Wuhan, faced severe challenges in operations and capital. Hence, the importance of the digital economy as a......
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