Search Results for: loan programs

Business Fintech News

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

Fintech News Desk
Banks ramp up credit management capabilities to help support small businesses and consumers weather the financial impact of the global pandemic As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy......
Fintech News

New Prudential program aims to ease pandemic-related financial stress in the workplace

Fintech News Desk
New research shows that almost half of Americans are worried about their financial future following the COVID-19 crisis. Many workers recognize the need to manage their finances differently moving forward, and employers play a big role in providing the right education and tools to do so. To serve this need, Prudential Financial,......
Business Fintech News

Artis Partners with Laika to Automate Compliance Management

Fintech News Desk
Startup able to perform above industry standard for security and compliance requirements Artis Technologies provides modern lending solutions for businesses to offer affordable, low-friction financing to their customers at the point of need. The company has partnered with Laika to create and deploy custom lending compliance and information security policies......
Fintech News

With a Lengthy Tax Filing Season Over, Let’s Focus on Other Developments in Federal Income Taxes

Fintech News Desk
Wolters Kluwer Tax & Accounting provides a 2020 Post-Filing Season Tax Update Wolters Kluwer Tax & Accounting today announced the publication of its “2020 Post-Filing Season Update,” available as a complimentary download through the award-winning CCH® AnswerConnect online research platform. The briefing highlights key developments during the filing season that will impact taxpayers of all......
FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager
Fintech News

FormFree Taps Jocelyn Crum Brooks, AMP, as National Account Manager

Fintech News Desk
FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades’ experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree’s flagship products, AccountChek® and AccountChek Plus™. Read More: GIACT Donates......
InsurTech News

DWS Survey Reveals Pandemic-Driven Changes Insurance Clients Made to Fixed Income Allocations

Fintech News Desk
DWS, one of the world’s leading asset managers, today announced the findings of a joint survey with Greenwich Associates of its institutional insurance client base to better understand how COVID-19 might be influencing their investment strategies and asset class allocations. While the majority of insurance clients surveyed indicated that they......
Fintech Guest Posts

When FinTech Goes Free-Range

Jeet Singh
Fintech started as tech for financial firms, but the needs of consumers for other money-related activities had already started to broaden its range. Will COVID-19 and a recession mean a retrenchment or an expansion for broader consumer fintech? The history of fintech is long, centuries even, depending on what you......
Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos
Banking Fintech News

Securian Financial and Temenos Launch Integrated Credit Protection Claims Solution for Credit Unions

Sayali Jillewar
Securian Financial and Temenos, the banking software company, have joined forces to create a real-time, integrated solution to make it easier and more efficient for credit unions to manage their members’ credit protection claims. Securian Financial has offered credit protection products through credit unions since 1951. The products include debt......
Wells Fargo Launches $400 Million Small Business Recovery Effort
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Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
Pintec Announces Industrial and Commercial Bank of China’s Successful Implementation
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Pintec Announces Industrial and Commercial Bank of China’s Successful Implementation

Fintech News Desk
 Pintec Technology Holdings Limited, a leading independent technology platform enabling financial services in China, announced an update on its cooperation with Industrial and Commercial Bank of China (“ICBC” or the “Bank”).  ICBC has adopted and implemented Pintec’s SME risk management solutions for its micro- and small-sized (“SME”) lending business, further......
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