Search Results for: wealth gap

EPAM Continuum Releases 2020 Consumer Banking Report Offering Insights Into Evolving Customer Behaviors, Expectations & Motivations
Banking Fintech News

EPAM Continuum Releases 2020 Consumer Banking Report Offering Insights Into Evolving Customer Behaviors, Expectations & Motivations

Fintech News Desk
by Fintech News Desk0
Key findings from surveys in Hong Kong, Singapore, the U.S., and UK reveal opportunities, challenges, and inevitable changes ahead for traditional financial institutions, fintech and neobanks EPAM Continuum, the integrated business, technology, and experience consulting practice of EPAM Systems, Inc. (NYSE: EPAM), today announced the release of its Consumer Banking Report 2020.......
PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)f
Business Fintech News

PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)f

Fintech News Desk
by Fintech News Desk0
Canadian RegTech solution providers, PortfolioAid and VigilantCS, have formed a strategic partnership to help Canada’s wealth management industry tackle client-focused reforms (CFRs) with award-winning technology. Under CFR, firms must comply with new conflict of interest provisions by June 30, 2021, and new KYP/KYC suitability obligations by Dec. 31, 2021. Read......
SBM Bank India and Mastercard Launch One-of-a-Kind Debit Card Tailored for the Sophisticated Needs of High Net Worth Customers
Banking Business Fintech News

SBM Bank India and Mastercard Launch One-of-a-Kind Debit Card Tailored for the Sophisticated Needs of High Net Worth Customers

Fintech News Desk
by Fintech News Desk0
SBM World Debit Card offers access to world-class banking and wealth solutions, allowing cardholders to grow their portfolios while enjoying memorable experiences SBM Bank India announced its collaboration with Mastercard to launch SBM World Debit Card – a premium and exclusive card, custom-built to offer priceless moments to customers who......
Klarna Announces $650m Funding Round to Further Accelerate Global Growth
Fintech Fintech Funding Investment Services News

Klarna Announces $650m Funding Round to Further Accelerate Global Growth

Fintech News Desk
by Fintech News Desk0
Klarna, the leading global payments and shopping service, is pleased to announce it has raised $650 million in an equity funding round, at a post money valuation of $10.65 billion, which ranks Klarna as the highest-valued private fintech in Europe and now the 4th highest worldwide. Read More: GlobalFintechSeries Interview with Clara Shih, CEO and......
Artificial Intelligence Banking Featured Fintech

Changing Impact of AI in Fintech And Banking: Top Global AI-Powered Banking Tools

Fintech News Desk
by Fintech News Desk0
Artificial Intelligence has acted as a cornerstone of success for many industries, and banking is one of them. There is no denying the extent of transformation led by Artificial Intelligence, especially in the banking sector. Fintech is changing how banks run their operations. From transferring money to investment assistance, credit......
KPMG Launches "Elevate" to Help Companies Enhance Performance, Realize Savings and Build New Capabilities
Fintech Fintech Funding Investment Services News

VC Investment in Fintech Remains Robust as M&A Activity Stalls: KPMG Pulse of Fintech

Fintech News Desk
by Fintech News Desk0
While overall global fintech funding fell during the first half of 2020, with US$25.6 billion of investment globally across 1,221 deals, corporate deals are driving continued strength in VC activity, according to the Pulse of Fintech H1’20, a bi-annual report on global fintech investment trends from KPMG International. Read More: OpenUnit Raises $150,000 Pre-Seed......
Bluefin Announces $25 Million in Growth Financing Led by Macquarie Capital Principal Finance
Fintech News

PNC Treasury Management Launches Business-to-Consumer Payment Capability

Fintech News Desk
by Fintech News Desk0
Push-to-debit card solution provides immediate payment option for businesses PNC Treasury Management today announced it has expanded its payment offerings by adding push-to-debit card capabilities, called Direct to Debit Card. This addition to PNC’s payment ecosystem provides businesses with the option to send consumers payments 24/7, 365 days a year......
PayPal launches touch-free payments in-store with iZettle's point of sale app to support UK businesses post-lockdown
Banking Business Fintech Fintech Funding News

Optus Bank Receives $50 Million in Deposit Funding from PayPal’s Economic Opportunity Fund

Fintech News Desk
by Fintech News Desk0
Optus Bank, announced that it is the first bank to establish a relationship with PayPal as part of the payments company’s $530 million commitment to racial justice and economic opportunity. For nearly 100 years, Optus Bank has worked to dismantle structural racism and the disparities it causes by providing equal access......
The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   
Fintech Fintech Funding Guest Posts InsurTech Investment Services

The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   

Nicky Cotter
by Nicky Cotter0
Seven months into a global pandemic, the harsh lessons learned are creating a sweet spot for FinTech companies and start-ups and an expected uptick in deals involving US tech giants. And while lagging 2019 levels, we’ve seen US-based deal activity rise 3% in 2020. On the M&A side we saw big acquisitions with FIS acquiring Worldpay for $35Bn and Fiserv acquiring First......
OCB Life to Launch Breakthrough BchainLife Blockchain 3.0 Technology Next Year
Blockchain Fintech News

OCB Life to Launch Breakthrough BchainLife Blockchain 3.0 Technology Next Year

Fintech News Desk
by Fintech News Desk0
OCB Life has developed a number of innovative Blockchain applications across multiple industries. As part of the company’s strategic plans, OCB Life intends to set up a decentralized, peer-to-peer exchange for financial products in the future. OCB Life also plans to create decentralized investment tools in Switzerland or Malta, which are recorded on......
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