Tag : Coronavirus

Coronavirus Lockdown: Massive Surge in the Use of Fintech Apps
Cryptocurrency Fintech News

Coronavirus Lockdown: Massive Surge in the Use of Fintech Apps

Fintech News Desk
by Fintech News Desk0
Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72 per cent in a week, reveals deVere Group, one of the world’s largest independent financial advisory organizations. The sharp increase in the use of financial technology comes as the world readjusts to life......
Brightway Insurance Takes Proactive Steps to Mitigate Coronavirus Impact
Fintech InsurTech News

Brightway Insurance Takes Proactive Steps to Mitigate Coronavirus Impact

Fintech News Desk
by Fintech News Desk0
Company uses technology to deploy more than 900 people to work from home in a matter of four days in order to meet customers’ needs. As an insurance agency, mitigating risk is at the heart of Brightway’s business. In recent weeks, COVID-19, also known as the coronavirus, has materialized into......
Five Steps Business Owners Can Take Right Now By Sam Brownell, CFA, CVA, Stratus Wealth Advisors
Guest Posts News

Coronavirus and Finance Tips: Five Steps Business Owners Can Take Right Now

Sam Brownell
by Sam Brownell0
While there are many different local, state and federal programs in place or being set up for financial relief due to the effects of the coronavirus, Stratus would like to encourage business owners not to wait for the government to begin building your relief plan.  By doing some independent prep......
Stand Together and Family Independence Initiative Partner to Provide Direct Cash Assistance to People Struggling During the COVID-19 Crisis
Fintech News

Stand Together and Family Independence Initiative Partner to Provide Direct Cash Assistance to People Struggling During the COVID-19 Crisis

Fintech News Desk
by Fintech News Desk0
Stand Together Foundation pledges $5 million to help the first 10,000 families through #GiveTogetherNow, encourages others to join Stand Together, the philanthropic community founded by Charles Koch, and Family Independence Initiative (FII) announced the launch of a rapid-response effort to get cash directly to individuals and families struggling as a result......
About 3 in 10 Americans Are Stockpiling Cash Amid the Coronavirus Pandemic, MagnifyMoney Survey Finds
Fintech News

About 3 in 10 Americans Are Stockpiling Cash Amid the Coronavirus Pandemic, MagnifyMoney Survey Finds

Fintech News Desk
by Fintech News Desk0
Of those who withdrew cash, the average amount taken out was $2,224.10 Consumers are rushing to ATMs in response to the coronavirus (COVID-19) pandemic, according to a survey of more than 1,500 Americans by MagnifyMoney, a LendingTree subsidiary. The report found 28% of Americans stockpiled cash as economic uncertainty mounts, withdrawing an average of $2,224.10. Read......
The Ripple Effect: How a US Recession Could Sneak Up on Global FinTech Companies
Fintech Guest Posts

The Ripple Effect: How a US Recession Could Sneak Up on Global FinTech Companies

Greg Ott
by Greg Ott0
Coronavirus. The US election. International trade. And did we mention Coronavirus?  Such a potent cocktail makes the reality of a recession all too possible. Companies in every industry should consider how one would impact them. I know I’m thinking about how a recession could impact FinTech, especially those that cater......
YCharts Adds Coronavirus Data to Help Investors Track Economic Impact
Fintech Investment Services News

YCharts Adds Coronavirus Data to Help Investors Track Economic Impact

Fintech News Desk
by Fintech News Desk0
The newly-added data series will enable investors to effectively track cases, and analyze trends in how the coronavirus crisis is impacting security and market performance YCharts, an investment research, analytics, and client communications platform, announced the addition of several new coronavirus (COVID-19) crisis data series that will enable investors to......
Free Pandemic Response App Helps Organizations Harness Data, Make Critical Decisions
Fintech News

Womply Calls on Government, Fintech Leaders to Provide Direct Cash Stimulus to American Small Businesses

Fintech News Desk
by Fintech News Desk0
Womply research shows that small businesses are experiencing massive revenue erosion and have little financial runway before shutting down Womply, a software and API company serving small businesses and app developers, called on American lawmakers and policymakers to partner with the financial technology sector to offer direct cash stimulus to......
Coronavirus Pandemic: How Deutsche Bank Is Able to Be Part of the Solution in India
Fintech News

CUNA: 5 Financial Steps You Can Take to Prepare for Coronavirus

Fintech News Desk
by Fintech News Desk0
Many Americans are being financially affected by the coronavirus disease (COVID-19) pandemic. As businesses close their doors to keep their customers and employees safe, thousands—if not millions—are facing several weeks of pay disruption and infrastructure shake up. Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets......
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