Tag : COVID-19

Business Fintech News

Billtrust Develops Expedited Collections Implementation Solutions to Maximize Cash Flow and Enable Remote Workforces During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
B2B Order-to-Cash Automation Leader Significantly Reduces Implementation Time as Businesses’ Attention to Collections Heightens The combination of workplace displacement and economic  disruption brought on by the COVID-19 pandemic has brought major challenges to collections teams. Responding to a need to help strategically guide collectors’ activities and keep remote teams on track, Billtrust,......
Fintech News

Greenwich Associates Finds Amid COVID-19 Crisis, More Than Half of Financial Advisors Globally Are Increasing Their Presence on Top Social Media Platforms

Fintech News Desk
by Fintech News Desk0
Financial advisors are dramatically stepping up their use of social media platforms like LinkedIn and Twitter. With the COVID-19 crisis keeping markets volatile, clients jittery and most professionals cooped up at home, financial advisors are adopting social media as a way of keeping themselves informed and in touch with clients......
Cashfloat Reports an Increase of Over 270% in Loan Fee Fraud Attempts Since the Start of COVID-19
Fintech News

Cashfloat Reports an Increase of Over 270% in Loan Fee Fraud Attempts Since the Start of COVID-19

Fintech News Desk
by Fintech News Desk0
Cashfloat.co.uk, one of the UK’s leading online unsecured direct lenders, reported a record increase of over 270% in loan fee fraud attempts since the start of the coronavirus pandemic, with an average loss of £250 per victim. Read More: TeamMate+ global expert solution from Wolters Kluwer named finalist in 2020 SaaS......
Mastercard Launches Frictionless Retail Technology Solutions to Enable Touchless Economy
Artificial Intelligence Fintech News

Mastercard Launches Frictionless Retail Technology Solutions to Enable Touchless Economy

Fintech News Desk
by Fintech News Desk0
Mastercard partners with Circle K, Delaware North, Dunkin’ and White Castle to reimagine the consumer shopping journey As merchants navigating the impacts of COVID-19 seek out enhanced technology for in-person engagement, Mastercard announced a new suite of frictionless solutions for retailers to reimagine their physical shopping experience. Applicable and adaptable......
Deloitte CFO Signals™ Survey: CFOs Cite Risks of New Virus Waves and Growing Skepticism About the Pace of Recovery
Fintech News

Deloitte CFO Signals™ Survey: CFOs Cite Risks of New Virus Waves and Growing Skepticism About the Pace of Recovery

Fintech News Desk
by Fintech News Desk0
Key takeaways (PRNewsfoto/Deloitte) (PRNewsfoto/Deloitte) CFOs express concerns over new virus waves, more shutdowns, and the pandemic triggering a longer-term recession. Eighty-four percent of CFOs now say equity markets are overvalued — the second-highest level in survey history. Just 2% say markets are undervalued. On average, CFOs expect to achieve 74%......
Bruc Bond to Support Commodities and Equipment Traders with New Department
Banking Fintech News

Bruc Bond to Support Commodities and Equipment Traders with New Department

Fintech News Desk
by Fintech News Desk1
Bruc Bond, a leading global corporate banking services provider, announced the creation of its new Commodities and Derivatives Department. Read More: COVID-19 and Automation are Changing Finance for Good The Department focuses on risk-managed provision of banking services, payment accounts and payment and clearance facilities to commodities traders around the......
AutoFi Shifts Into High Gear Due to Market Growth in Online Vehicle Purchases
Business News

AutoFi Shifts Into High Gear Due to Market Growth in Online Vehicle Purchases

Fintech News Desk
by Fintech News Desk0
FinTech company commands 10% of automotive franchise market by helping dealers thrive in new digital-first economy; expands executive team with 4 industry stalwarts A silver lining of the COVID-19 cloud has been rapid innovation within the automotive industry despite showroom closures. Car dealers have quickly responded to consumer preferences for......
CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans Expansion in US and Other Markets
Fintech Fintech Funding Investment Services News

CredoLab Raises USD 7 million in Series A Investment Round Led by GBG

Fintech News Desk
by Fintech News Desk0
CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has secured USD 7 million in its Series A round funding led by GBG, the global specialist in Identity Data Intelligence. ‍Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers In addition to GBG, the......
Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield
Fintech News

Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield

Fintech News Desk
by Fintech News Desk0
Berbix, an instant identity verification platform founded by former Airbnb Trust and Safety team members, announced a $9 million Series A round of financing led by Mayfield, with participation from existing investors including Initialized Capital, Y Combinator and Fika Ventures. Patrick Salyer, Mayfield partner, joins the board, with the capital being earmarked......
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