Tag : finance industry

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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
WCM Return to Bay Street Program Continues to Relaunch Women’s Finance Careers
Capital Markets News

WCM Return to Bay Street Program Continues to Relaunch Women’s Finance Careers

Fintech News Desk
by Fintech News Desk0
WCM (Women in Capital Markets) is pleased to announce that applications are now open for the 2022 cohort of Return to Bay Street (RTBS). The returnship program brings women with prior work experience in finance back to the industry after taking a period of leave. Now in its twelfth year, this unique......
First Financial Bank Completes Acquisition of Summit Funding Group
Fintech Funding News

First Financial Bank Completes Acquisition of Summit Funding Group

Fintech News Desk
by Fintech News Desk0
First Financial Bancorp. announced that it has completed its previously announced acquisition of Cincinnati-based Summit Funding Group, Inc., the fourth largest independent equipment financing platform in the United States. “We are excited about the opportunity to provide our clients with additional services through Summit’s extensive leasing capabilities, and we look......
Recent Moves in Washington Signify Ongoing Focus on Open Banking Adoption in the U.S.
Banking Fintech Mobile Banking News

Recent Moves in Washington Signify Ongoing Focus on Open Banking Adoption in the U.S.

Fintech News Desk
by Fintech News Desk0
APIs regarded as the best solution for communicating consumer financial data safely and securely between banks and other financial institutions With the recent confirmation of Rohit Chopra as Director of the Consumer Financial Protection Bureau (CFPB) and President Biden’s Executive Order on Promoting Competition in the American Economy this summer,......
Texthelp Addresses Need for Digital Accessibility in Financial Services
Banking News

Texthelp Addresses Need for Digital Accessibility in Financial Services

Fintech News Desk
by Fintech News Desk0
Digital accessibility gains in importance as more customers move to online banking Texthelp, a global leader in literacy and accessibility technology,  released a new industry report. The report, Accessibility in Financial Services: The key to serving everyone, is a call to action for financial services companies to improve digital accessibility. Texthelp CEO, Martin McKay,......
Agora Data to Present at NIADA Convention
Finance News

Agora Data to Present at NIADA Convention

Fintech News Desk
by Fintech News Desk0
Agora Data SVP of Sales, Chris Barry, will present “Groundbreaking Changes in Auto Financing” at the National Independent Auto Dealers Association (NIADA) Convention and Expo being held August 23-26 in San Antonio, Texas. Barry will present on August 25 at 2:15 p.m. A revolution is happening in the auto finance industry. New......
Financial Industry Must Tackle Gender Bias in Algorithms, According to Global Fintech Leader, Finastra
Artificial Intelligence Finance Fintech Machine Learning News

Financial Industry Must Tackle Gender Bias in Algorithms, According to Global Fintech Leader, Finastra

Fintech News Desk
by Fintech News Desk0
– Finastra publishes five-point plan to tackle algorithmic bias in consumer finance decision-making – New KPMG report, commissioned by Finastra, examines the size of global consumer lending markets and the potential impact of algorithmic bias in society – Finastra urges the financial industry to address the problem and work together......
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