Tag : financial institutions

RMA Forms New Climate Risk Consortium for Regional Banks
Banking News Risk Management

RMA Forms New Climate Risk Consortium for Regional Banks

Fintech News Desk
Consortium for Large Banks Grows, Includes Ally Bank, BMO Financial Group, Societe Generale, Sumitomo Mitsui Banking Corporation (SMBC), TD Bank Group The Risk Management Association announced it has strengthened its commitment to advance climate risk management in the financial industry by forming the RMA Regional Bank Climate Risk Consortium. It also......
Wolters Kluwer Compliance Solutions Leader Shares Digital Lending Technology Expertise
Lending News Risk Management

Wolters Kluwer Compliance Solutions Leader Shares Digital Lending Technology Expertise

Fintech News Desk
HousingWire Q&A points to digital lending’s benefits in mortgage arena in an era of accelerated innovation and digital transformation Businesses are increasingly focused on what can be achieved by shifting from manual to automated processes, especially in terms of attaining greater economies of scale and cost efficiencies. In the world......
Agora Data Introduces First-Ever Reducing Rate Line of Credit
Lending News

Agora Data Files Patent Application for Industry-Leading Innovations

Fintech News Desk
Agora Data, inventor of many subprime auto industry firsts, has filed a U.S. patent application with the United States Patent and Trademark Office (USPTO) for a proprietary data-driven business model that may be leveraged to predict the future performance of subprime consumer loans. Applying certainty to loan payment outcomes of......
B2C2 Becomes First Crypto Liquidity Provider to Join FIA
B2B Cryptocurrency News

B2C2 Becomes First Crypto Liquidity Provider to Join FIA

Fintech News Desk
Firm joins as Associate Member of global futures and options organisation, alongside leading clearing firms, exchanges, clearinghouses and trading firms B2C2, the crypto-native liquidity provider across market conditions, announced that it has joined FIA, the leading global trade organisation for the futures, options and centrally cleared derivatives markets, as Associate......
DailyPay Secures $300 Million Credit Facility From Barclays in a Landmark Deal for the On-Demand Pay Industry
Digital Payments Finance News

DailyPay Secures $300 Million Credit Facility From Barclays in a Landmark Deal for the On-Demand Pay Industry

Fintech News Desk
Facility Extends DailyPay’s Leadership Position in On-Demand Pay DailyPay, a leading technology platform, announced it has secured a $300 million revolving credit facility from Barclays. The revolving credit facility will provide DailyPay access to significant capital to service its ever-growing roster of partners, which includes America’s leading employers. “A fortress balance......
Agency Pioneers New Marketing Approach For Credit Unions and Community Banks
Banking News

Agency Pioneers New Marketing Approach For Credit Unions and Community Banks

Fintech News Desk
Credit unions and community banks have gained an advantage when competing for customers with national banks. Nettra Media has pioneered a new data-driven marketing approach that aligns advertising dollars with funded loans and accounts. While national banks continue to aggressively invest in their marketing outreach, smaller financial institutions have been......
Nium Introduces New Global Brokerage Payments Solution to Provide Faster, Lower Cost Alternative to SWIFT Settlement
Digital Payments News

Nium Introduces New Global Brokerage Payments Solution to Provide Faster, Lower Cost Alternative to SWIFT Settlement

Fintech News Desk
Solution significantly lowers Financial Institution settlement costs by up to 90% for international brokerage account transactions Nium, a global leader in modern money movement, introduced a new brokerage payments solution that offers international financial institutions (FIs) a faster and more cost-effective method of settling transactions to select U.S. brokerages enabling......
DCI Partners with Texas National Bank to Launch Direct Digital Bank
Banking News

DCI Partners with Texas National Bank to Launch Direct Digital Bank

Fintech News Desk
Texas National Bank looks outside their core for a modern banking platform to help launch their direct digital bank Banks typically work exclusively with one core provider who delivers innovative business solutions for the bank and the bank’s customers. Less typical is for a bank to utilize two cores, operating......
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