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Black Mortgage Applicants Are Denied 84% More Often Than Whites
Finance Mortgage News

Black Mortgage Applicants Are Denied 84% More Often Than Whites

Fintech News Desk
The gap of mortgage denial rates between Black and white applicants has widened over the past two years, limiting access to homeownership and opportunities to build wealth The Black homeownership rate that ticked up before the pandemic has again begun to fall, spurred by a widening mortgage approval gap between......
Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees
Banking Fintech News

Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees

Fintech News Desk
With New Changes, Company Will Have Reduced Overdraft Fee Revenues by 97% from 2009 Levels Bank of America announced significant changes to its overdraft services, including plans to eliminate non-sufficient funds (NSF) fees beginning in February, and to reduce overdraft fees from $35 to $10 beginning in May. The company will also......
Vernon Litigation Group Handling Claims Involving United Planners' Financial Services Broker Aaron Sevigny
Finance News

Vernon Litigation Group Handling Claims Involving Financial Services Broker Aaron Sevigny

Fintech News Desk
Vernon Litigation Group, based in Naples, Florida and Kristian Kraszewski, Esq. have joined forces again to file a FINRA arbitration claim involving United Planners’ Financial Services financial advisor Aaron Sevigny. Our client has suffered losses due to alleged improper recommendations in alternative investments. Alternative investments are high risk products that are unsuitable for retirees.......
FairySwap DEX Successful in CertiK Smart Contract Audit
DeFi News

FairySwap DEX Successful in CertiK Smart Contract Audit

Fintech News Desk
FairySwap successfully completed its first CertiK.io smart contract audit, working with the industry-leading firm to optimize security FairySwap is the first decentralized exchange (DEX) to launch on the Findora blockchain, creating an innovative new type of DEX that is privacy-focused and front-running resistant. DEXs face many challenges, and public blockchains......
NinjaTrader Acquires Tradovate
News Trading

NinjaTrader Acquires Tradovate

Fintech News Desk
Acquisition of Cloud-Based Trading Infrastructure Further Strengthens Leadership Position in Retail Futures Industry NinjaTrader Group, LLC, a leading provider of trading software and brokerage services to active traders, announced that it has acquired Tradovate Holdings, LLC, a leading online futures brokerage firm and trading technology provider, for $115 million. Founded......
Southeast Asian Investing Super App Pluang Secures Additional $55 Million in Funding, Led by Accel
Fintech Fintech Funding News

Southeast Asian Investing Super App Pluang Secures Additional $55 Million in Funding, Led by Accel

Fintech News Desk
The latest funding will enable Pluang to further invest in its technology capabilities, expand its asset classes and increase the availability of its services across Southeast Asia Pluang, the all-in-one fractional investing app that has become one of Southeast Asia’s fastest growing fintech startups, has raised $55 million in a funding round led by......
Pocketnest Reaches Nearly $2 Million in Funding with Reseda Group
Finance Fintech News

Pocketnest Reaches Nearly $2 Million in Funding with Reseda Group

Fintech News Desk
Fintech closes seed round with new institutional investor, raises $1.95M to date Pocketnest, the female-founded financial wellness platform, announces its latest institutional investor, Reseda Group, a wholly-owned Credit Union Service Organization of MSU Federal Credit Union, for its seed round co-led by The Impact Seat and ID Ventures. Since 2020, the fintech has earned......
Summit Financial, Merchant Investment Management and Fieldpoint Private Announce Strategic Investment Advisory and Banking Collaboration Summit Financial, Merchant Investment Management and Fieldpoint Private Announce Strategic Investment Advisory and Banking Collaboration
Banking Investment Services News

Summit Financial, Merchant Investment Management and Fieldpoint Private Announce Strategic Investment Advisory and Banking Collaboration

Fintech News Desk
Partnership is anticipated to make Summit one of the nation’s largest independent wealth management firms, and position Fieldpoint to become the nation’s premier private bank to the independent advisor community Summit Financial Holdings, Merchant Investment Management and Fieldpoint Private announced that Summit and Merchant together will acquire Fieldpoint’s investment advisory......
Highland Capital Brokerage Acquires Hallett Financial Group And Quotacy
InsurTech News

Highland Capital Brokerage Acquires Hallett Financial Group And Quotacy

Fintech News Desk
Purchase of Minneapolis-Based Insurance Brokerage Agency and InsureTech Firm Positions Highland to Support Financial Professionals and Direct-to-Consumer Channels Highland Capital Brokerage, a national life insurance and annuity distribution company and subsidiary of Advisor Group, announced the acquisitions of Hallett Financial Group, an independent insurance brokerage agency based in Minneapolis, as......
XCMG Launches First Silk Road E-Commerce Station, XCMG-PNG
E-commerce News

XCMG Launches First Silk Road E-Commerce Station, XCMG-PNG

Fintech News Desk
XCMG Papua New Guinea (XCMG-PNG), the first Silk Road E-Commerce Station by XCMG (SZ:000425), is officially online to provide one-stop service experience for construction machinery customers and users in the South Pacific and surrounding regions with Papua New Guinea as the center, guaranteeing smoother, more professional customized and localized services. Orders placed......
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