Tag : finance industry

First Federal Bank Announces New Equipment Finance Business Line
Banking News

First Federal Bank Announces New Equipment Finance Business Line

PR Newswire
First Federal Bank announced the initiation of a Corporate Equipment Financing line of business, as the most recent addition to the Capital Solutions division. An elite team has been engaged to specialize in multimillion dollar equipment financing. First Federal Bank’s expanded offering will support customers in our community banking markets......
PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration
Digital Payments Fintech News

PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration

Fintech News Desk
ABS clients can now accept cash, card and ACH payments, as well as the most popular mobile payment types, all through a single platform PayNearMe, a fast-growing fintech company radically improving the customer payment experience, and Allied Business Systems, LLC (ABS), a leading software solution for the consumer finance industry,......
EquiLend Selects Digital Asset as Distributed Ledger Technology for Securities Finance Market Initiative
Finance News

EquiLend Selects Digital Asset as Distributed Ledger Technology for Securities Finance Market Initiative

PR Newswire
Digital Asset to provide the underlying technology for the new industry-driven 1Source initiative led by EquiLend EquiLend announces that it has selected Digital Asset to provide the distributed ledger technology underpinning the EquiLend 1Source initiative. Unveiled in July 2022 as part of EquiLend’s Digital Transformation Working Group, which consists of many of the world’s largest banks......
Compass UOL Announces Strategic Partnership with mLogica
Digital News Technology

Compass UOL Announces Strategic Partnership with mLogica

Fintech News Desk
Compass UOL, a global digital transformation company, announces a strategic partnership with US-based IT modernization and complex event analytics specialist, mLogica. Together, the two digital transformation experts will expand their legacy modernization offerings in Brazil and Latin America. A few months ago, Compass UOL signed another important strategic collaboration agreement with AWS to......
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.......
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