Search Results for: financial savings

Financial Services and Insurance Firms Are Accelerating Digital Transformation with Low-Code
InsurTech News

Financial Services and Insurance Firms Are Accelerating Digital Transformation with Low-Code

Fintech News Desk
by Fintech News Desk0
Cost savings and increased business agility are among top benefits, according to new research Mendix, a Siemens business and global leader in enterprise application development, announced the results of its financial services and insurance (FSI) global market survey which reveals how companies in these industries are using low-code to drive......
FinCEN Indicts USAA Federal Savings Bank for Violating the Bank Secrecy Act
Banking Compliance management Digital Payments Featured News

FinCEN Indicts USAA Federal Savings Bank for Violating the Bank Secrecy Act

Fintech Staff Writer
by Fintech Staff Writer0
The Financial Crimes Enforcement Network (FinCEN) has announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations. As its customer base and revenue grew in recent years, USAA FSB......
Ramp Secures $750 Million in Funding to Help Businesses Automate Their Financial Operations
Finance Investment Services News

Ramp Secures $750 Million in Funding to Help Businesses Automate Their Financial Operations

Fintech News Desk
by Fintech News Desk0
Funding enables industry firsts as Ramp expands into travel management, complete automation of expense reports, and powerful integrations with Amazon Business, Gmail, Lyft and more Ramp, the finance automation platform and first corporate card designed to help businesses spend less, announced $750 million in new financing, bringing its valuation to $8.1 billion.......
Cambridge Savings Bank Appoints Kevin McGuire as Chief Information Officer
Banking News

Cambridge Savings Bank Appoints Kevin McGuire as Chief Information Officer

Fintech News Desk
by Fintech News Desk0
McGuire will work directly with CSB’s leadership team to leverage technology as a strategic asset for business growth and customer experience -Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announces the appointment of Kevin McGuire to the role of......
Onuu Raises $6 Million Seed A to Serve the 166 Million Americans Lacking Financial Security
Fintech Funding News

Onuu Raises $6 Million Seed A to Serve the 166 Million Americans Lacking Financial Security

Fintech News Desk
by Fintech News Desk0
Onuu, backed by leading Hispanic VCs, develops first-of-its-kind, all-in-one banking and insurance solution and app to Americans of modest means –Onuu, co-founded by Austin entrepreneurs Felix W. Ortiz III and Ryan Wuerch, announced it had received $6 million in Seed A funding led by Latinx-led VC Leap Global Partners, with......
Even Financial Adds Tally's Low-Interest Line of Credit to Its Embedded Finance Marketplace
Finance News

Even Financial Adds Tally’s Low-Interest Line of Credit to Its Embedded Finance Marketplace

Fintech News Desk
by Fintech News Desk0
Even Financial, the category-leading embedded finance marketplace and independently managed subsidiary of MoneyLion, Inc., has announced a new partnership with Tally, a leading financial automation company, to include the company’s low-interest credit offerings on its platform. “Tally has built a powerful tech-enabled system to help people solve one of the biggest......
3 In 10 Women Considers Buying Insurance As An Important Step Towards Being Financially Independent As Per The Study Conducted By SBI General Insurance
InsurTech News

3 In 10 Women Considers Buying Insurance As An Important Step Towards Being Financially Independent As Per The Study Conducted By SBI General Insurance

Fintech News Desk
by Fintech News Desk0
53% women have taken steps to save and invest, however, only 38% women claimed to have insured themselves for future emergencies SBI General, one of India’s leading General Insurance companies, underlined the importance of financial independence for women through a holistic campaign and a survey bringing intriguing insights. The survey......
Only 18 Percent of Fintechs and Financial Services Organizations Believe Their Credit Risk Models Are Highly Accurate
Fintech News

Only 18 Percent of Fintechs and Financial Services Organizations Believe Their Credit Risk Models Are Highly Accurate

Fintech News Desk
by Fintech News Desk0
New research outlines the “risky business” and the greatest credit risk analysis challenges, opportunities, and trends fintech decision makers see in 2022 Only 18 percent of fintechs and financial services organizations believe their credit risk models are accurate at least 75 percent of the time. The finding is revealed in......
Survey Finds Great Resignation Continues as Women Seek New Jobs with Higher Income to Compensate for Financial Setbacks Caused by Covid Pandemic
Analytics News

Survey Finds Great Resignation Continues as Women Seek New Jobs with Higher Income to Compensate for Financial Setbacks Caused by Covid Pandemic

Fintech News Desk
by Fintech News Desk0
Women plan to ask for a raise in 2022 (54%) or leave current job for higher pay (68%) Two years after the Covid pandemic first disrupted daily life in the United States, women are continuing to see a significant impact on their lives, particularly via financial barriers and workplace hurdles. According......
TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans
debt collection Digital Payments News

TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans

Fintech News Desk
by Fintech News Desk0
New solution suite will help people using BNPL loans get credit for their payments today and establish credit long-term Up to 100 million U.S. adults* have used buy now pay later (BNPL) loans at least once in the past 12 months, but financial institutions currently do not have access to......
1