Tag : lockdown

FICO Data: UK Consumers Struggled to Reach Lenders About Payment Problems in Pandemic
Big Data Fintech News

FICO Data: UK Consumers Struggled to Reach Lenders About Payment Problems in Pandemic

Fintech News Desk
New data from global analytics software provider FICO reveals that UK consumers found contact with lenders difficult in the early days of the pandemic. Now, as another country-wide lockdown begins and the number of financially vulnerable customers rises, the FICO research highlights the importance of timely, tailored communications with customers......
SendMoney.com Partners up with Pangea to Launch a New Online Money Transfer Service
Banking Business Fintech News

SendMoney.com Partners up with Pangea to Launch a New Online Money Transfer Service

Fintech News Desk
The nationwide lockdown to enforce social distancing in order to contain the spread of COVID-19 has forced people to stay indoors. Considering the importance of this issue for the people who moved abroad and still need to help their family and friends, SendMoney.com and Pangea are launching a new online......
COVID-19 Pandemic Triggers Spike in Online Banking; 91% of Americans Bank Virtually in July
Fintech Mobile Banking News

COVID-19 Pandemic Triggers Spike in Online Banking; 91% of Americans Bank Virtually in July

Fintech News Desk
Five months after most of the United States entered a pandemic-related lockdown, consumers and businesses alike are still adjusting to the new normal. Most banks have modified their services, hours and availability to adhere to pandemic rules and guidelines. In turn, customers have had to change up their banking habits. In fact,......
Paysafe: Diversifying Payment Offerings Crucial to Future of North American In-Store SMBs
Fintech Mobile Banking News

Paysafe Group Research: COVID-19 Spurs Growth In Digital Money Transfers In U.S.

Fintech News Desk
Over a third (38%) of U.S. consumers are using digital wallets to transfer money to friends and family; over a half (56%) of Americans reducing future cash usage(Paysafe ) COVID-19 forced many of people to make major adjustments to the way they live, work, and communicate. This inevitably has also affected......
CEOs Discuss Emerging Technology and Innovation Projects
Artificial Intelligence Blockchain Fintech News

CEOs Discuss Emerging Technology and Innovation Projects

Fintech News Desk
New survey from Broadridge and G100 Network uncovers how CEOs discover, introduce and implement emerging technology at their organizations Nearly 80% of CEOs and their direct reports say that less than half of all innovation projects at their organization succeed, according to a survey released from Broadridge Financial Solutions, a......
KBRA Releases Research – Coronavirus (COVID-19): Four Forces Shaping Sentiment
Economy Fintech Investment Services News

KBRA Releases Research – Coronavirus (COVID-19): Four Forces Shaping Sentiment

Fintech News Desk
Kroll Bond Rating Agency (KBRA) releases a report on four forces shaping investor sentiment toward the coronavirus (COVID-19) pandemic’s impact on credit markets over the near term. Read More: WorldRemit Partners with Wizall Money to Launch its First Mobile Money Transfer Service to Senegal The speed at which COVID-19 has impacted......
Zinobe Announces New $30 Million Credit Facility Provided by Monachil Capital Partners
Capital Markets Fintech Investment Services News

Zinobe Announces New $30 Million Credit Facility Provided by Monachil Capital Partners

Zinobe, a leading online financial services company in the Colombian market, announced the closing of its USD $10 million secured line of credit, expandable up to USD $30 million, provided by Monachil Capital Partners, a global investment management firm founded by former Goldman Sachs partner Ali Meli. Read More: Bank of Montreal, Motley Fool,......
MARQETA SURVEY: Does Fraud Have to be A Fact of Online Life?
Economy Fintech News

MARQETA SURVEY: Does Fraud Have to be A Fact of Online Life?

New report highlights growing acceptance and rising frustration with financial fraud: 96% of consumers are concerned about fraud, but over a third accept that it is inevitable. Marqeta, the global modern card issuing platform, released the findings of a survey of over 4,000 UK and US consumers, looking at their......
IndiaLends offers touchless products in new Digital Lending 2.0 initiative
Business Fintech News

IndiaLends offers touchless products in new Digital Lending 2.0 initiative

Fintech News Desk
Online lending aggregator provides its API platform to partner banks and NBFCs IndiaLends, one of the country’s leading digital platforms, has launched Digital Lending 2.0 — a range of touchless and contactless products that include loans, insurance and a line of credit. The new offering provides consumers with quick and......
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