Tag : finance industry

Inscribe Addresses Demand for Better Risk Management, Faster Approvals From Finance Industry
News Risk Management

Inscribe Addresses Demand for Better Risk Management, Faster Approvals From Finance Industry

Fintech News Desk
3x Y-o-Y increase in ARR, new Credit Analysis features, and AI-powered bank statement automation enables businesses to approve more customers Inscribe, the award-winning fraud detection and document automation platform, announced that it has released new features to help the financial services industry meet demands for better risk management and faster......
Equipped with Huawei Tech, Bank of Communications Wins The Asian Banker's Award of Best Big Data Implementation in China
Banking News

Equipped with Huawei Tech, Bank of Communications Wins The Asian Banker Award of Best Big Data Implementation in China

Fintech News Desk
The Asian Banker, an authoritative global platform for insights about the finance industry, has unveiled the winner list for its 2022 Financial Technology Awards at Finance China 2022. Bank of Communications (BOC) won the Best Big Data Implementation award for its Lakehouse DaaS built using Huawei Cloud FusionInsight intelligent data lake. Latest......
Financial Services Software Has Fewer Security Flaws Than Most Industries
Finance News

Financial Services Software Has Fewer Security Flaws Than Most Industries

Fintech News Desk
Despite Low Flaw Prevalence, Finance Industry Lags in Fix Rate 30 Percent of Open-source Flaws Remain Unresolved After Two Years Veracode, a leading global provider of application security testing solutions, released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other......
Veros Acquires Leading Home Appraisal Provider Valligent to Offer A Full Spectrum of Property Valuation Solutions to Mortgage Markets
Mortgage News

Veros Acquires Leading Home Appraisal Provider Valligent to Offer A Full Spectrum of Property Valuation Solutions to Mortgage Markets

Fintech News Desk
Veros Software, the parent company of Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced the acquisition of Valligent, a market-leading appraisal management company. Latest Fintech News: Ashok Leyland Announces Financing Tie Up in Kenya for Vehicle Financing, as Channel Partner Deluxe Trucks and Buses......
Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking
Banking Finance News

Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking

Fintech News Desk
New research from Curity shows nearly half of all large institutions in the sector have already adopted Open Banking, with nearly three-quarters (70%) planning to adopt in the next 18 months  Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity......
TCC Introduces Caas Wallet Trade Funding Solution
Fintech Fintech Funding News

TCC Introduces CaaS Wallet Trade Funding Solution

Fintech News Desk
Capital as a Service offering to revolutionize inventory with off-balance sheet funding Silicon Valley-based fintech company TCC on Thursday unveiled its flagship trade funding solution – the CaaS Wallet – at an exclusive launch event, to much anticipation and excitement by the dozens of manufacturing and procurement executives, treasurers, and bankers in attendance.......
RociFi Raises $2.7 Million in Seed Funding to Lend Money to Anonymous Users in DeFi
DeFi News

RociFi Raises $2.7 Million in Seed Funding to Lend Money to Anonymous Users in DeFi

Fintech News Desk
RociFi’s decentralized lending protocol is designed to facilitate zero and under-collateralized loans for institutional and retail DeFi borrowers RociFi, a decentralized zero and under-collateralized lending protocol, has announced completing a seed funding round of $2.7 million USD (closed in November 2021) from Arrington, Goldentree, Nexo, LD Capital and Skynet Trading. “Our evolving system will prove that......
Arf Launches Transactional Stablecoin-Based Working Capital Credit Line for MSBs Worldwide
Digital Payments News

Arf Launches Transactional Stablecoin-Based Working Capital Credit Line for MSBs Worldwide

Fintech News Desk
Arf, the first compliant cross-border payment network running on stablecoins, announced the upcoming launch of its innovative product, Arf Credit. Arf Credit will provide an instant working capital credit line for MSBs worldwide. Traditionally, when a money service business (MSB) wants to send money from one country to another, it has to prefund......
World Business Chicago Announces Fintech as Latest Industry Focus
Fintech News

World Business Chicago Announces Fintech as Latest Industry Focus

Fintech News Desk
World Business Chicago, the city’s economic development agency, announced fintech as its fifth priority industry of focus. In launching this new area of focus, World Business Chicago has released a special Chicago Business Bulletin, “Fintech in Chicago,” providing a comprehensive insight into the sector’s growth, talent pool, geographic hub, and opportunities within Chicago’s......
Bryant Park Capital Advises Honor Capital, a Leading US Premium Finance Company
Capital Markets News

Bryant Park Capital Advises Honor Capital, a Leading US Premium Finance Company

Fintech News Desk
Bryant Park Capital, a leading middle market investment bank with a focus in the specialty finance industry, served as exclusive financial advisor to Founders Finance, LLC dba Honor Capital (“Honor” or the “Company”) in connection with their capital markets growth strategy. Honor’s combined strategic recapitalization and substantially expanded credit line......
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