Search Results for: financial technology solutions

N26 Strengthens Executive Leadership Team with New C-Level Hires
Mobile Banking News

N26 Hits 250,000 U.S. Customers in First Five Months

Fintech News Desk
by Fintech News Desk2
Globally, the Company Recently Reached 5 Million Customers to Coincide With Its Fifth Anniversary Following a Year of Record Growth N26 Inc., the US subsidiary of one of Europe’s fastest-growing mobile banks, N26 GmbH, announced it has reached 250,000 U.S. customers. Having only launched in the U.S. last August in......
Remitly Partners With Alipay to Offer International Remittances
Banking Lifestyle News

Remitly Partners With Alipay to Offer International Remittances

Fintech News Desk
by Fintech News Desk4
Seattle-Based Fintech Connects Directly With the World’s Leading Digital Payment Platform Remitly, the online money transfer service used by more than two million people globally, is announcing its collaboration with Alipay, the world’s leading payment and lifestyle platform. The agreement enables Remitly customers to send money from their smartphone or......
Opera Acquires European Banking-As-A-Service Company Pocosys
Banking News

Opera Acquires European Banking-As-A-Service Company Pocosys

Fintech News Desk
by Fintech News Desk0
Company to launch a new European fintech operation Opera Limited , one of the world’s leading browser providers is bringing new offerings across content, classifieds and fintech to its large user base of more than 350 million monthly active users. The Norwegian headquartered company announced completion of the acquisition of......
MoneyGram Names Robert L. Villaseñor as General Counsel and Corporate Secretary
Banking News

MoneyGram Names Robert L. Villaseñor as General Counsel and Corporate Secretary

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, announced that Robert L. Villaseñor has been named General Counsel and Corporate Secretary. In his role, Mr. Villaseñor will oversee global legal matters for the company and communicate with regulators and lawmakers on matters that impact MoneyGram......
FormFree Receives U.S. Patent for Ground-Breaking Approach to Credit Decisioning
Uncategorized

FormFree Founder Brent Chandler Commends CFPB Proposal to Eliminate DTI, Citing Ability to Pay as ‘Best Consumer Borrowing Risk Indicator’

Fintech News Desk
by Fintech News Desk0
FormFree Founder and CEO Brent Chandler responded to this week’s news that Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger indicated the bureau’s decision to propose amending the Ability to Repay/Qualified Mortgage Rule so as to “move away” from debt-to-income (DTI) calculations as a mortgage underwriting factor: First, I commend the CFPB for their courage......
Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank's Latin America Fund
Banking News

Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank’s Latin America Fund

Fintech News Desk
by Fintech News Desk0
AlphaCredit, a Latin American-focused FinTech platform that specializes in consumer lending and financial solutions for SMEs, has signed an equity round for up to USD$125 million led by SoftBank’s Latin America Fund, one of the leading technology investors in the world. The equity infusion will allow AlphaCredit to consolidate its place as......
WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement
Banking Business News

WEX Signs Definitive Agreement to Acquire eNett and Optal

Fintech News Desk
by Fintech News Desk7
Aligns with WEX’s global growth strategy by extending the Company’s leadership position in the attractive Travel market Accelerates WEX’s revenue growth and is accretive to adjusted net income EPS in the first 12 months Provides significant global geographic diversification while reducing WEX’s exposure to macro-economic fluctuations Complements WEX’s technology and......
MTrac 2020 – An Improved Platform to Increase Compliance
Banking News

MTrac 2020 – An Improved Platform to Increase Compliance

Fintech News Desk
by Fintech News Desk8
Global Payout Inc. and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the beta phase of the system improvements to MTrac 2020 has been completed. The platform was augmented to accommodate the growing demands of the regulatory agencies that oversee the financial industry. The MTrac team......
MUFG Union Bank Launches Real-Time Payments for Clients on the RTP Network
Banking News

MUFG Union Bank Launches Real-Time Payments for Clients on the RTP Network

Fintech News Desk
by Fintech News Desk7
MUFG Union Bank N.A., announced that receipt of real-time payments is available for its corporate, commercial, and retail clients via the RTP® network, operated by The Clearing House. The RTP network provides instantaneous receipt of payments, which increases payment certainty and funds availability, with funds immediately available for use. Real-time payments enable MUFG......
Magna Finance Company Selects Input 1 Premium Billing System as Their Platform for the Future
Banking Business News

Magna Finance Company Selects Input 1 Premium Billing System as Their Platform for the Future

Fintech News Desk
by Fintech News Desk5
Input 1, a digital billing and payments provider to the insurance industry, is pleased to announce that Magna Finance Company has selected Input 1’s Premium Billing System as the digital cloud platform for its insurance premium finance business. Headquartered in Worcester, MA, Magna Finance has been a provider of premium financing......
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