Tag : payment

New Rivals, Customer Demands Transform Swiss Banking
Banking News

New Rivals, Customer Demands Transform Swiss Banking

Fintech News Desk
by Fintech News Desk0
Banks in Switzerland look beyond traditional platforms and partners to achieve continuing business model innovation, ISG Provider Lens™ report says Most banks in Switzerland are carrying out digital transformations as they face new competitors and the modern demands of young, digital-oriented customers, according to a new research report published by......
Bread Financial Supports Junior Achievement of Central Ohio’s Financial Literacy Mission
Finance News

Bread Financial Supports Junior Achievement of Central Ohio’s Financial Literacy Mission

Fintech News Desk
by Fintech News Desk0
$1.5 million gift invests in ongoing and expanded financial education programming for area youth Bread Financial Holdings, Inc., a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, announced a $1.5 million gift to Junior Achievement of Central Ohio (JA). JA inspires and prepares central Ohio......
Mandalay Resources Corporation Announces Refinancing of Credit Facility
Finance News

Mandalay Resources Corporation Announces Refinancing of Credit Facility

Fintech News Desk
by Fintech News Desk0
Mandalay Resources Corporation is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million. The initial drawdown under the Revolving Credit Facility will be used to......
Achieve Announces Close of Innovative, $175 Million HELOC Securitization
Finance News

Achieve Announces Close of Innovative, $175 Million HELOC Securitization

Fintech News Desk
by Fintech News Desk0
Inaugural deal receives AAA rating and is backed by home equity lines of credit originated by Achieve Loans Achieve, the leader in digital personal finance, announces the closing of a first-of-its-kind, AAA-rated securitization backed by $175 million in newly-originated home equity lines of credit (HELOCs). The securitization, FREED Mortgage Trust 2022-HE1, consists......
Equitable Bank Completes Acquisition of Concentra Bank
Banking News

Equitable Bank Completes Acquisition of Concentra Bank

Fintech News Desk
by Fintech News Desk0
Acquisition accelerates growth, plus diversification of funding and revenue for Canada’s Challenger Bank Equitable Bank, a wholly owned subsidiary of EQB Inc, announced it has completed the acquisition of Concentra Bank for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments. “The......
Digital Payments E-commerce News

Alipay+ Partners With Over 1 Million Merchants In Japan

Fintech News Desk
by Fintech News Desk0
Ant Group announced that Alipay+ has expanded its enablement of seamless travel experiences to Japan, where over 1 million local merchants are now connected to global cross-border digital payments and marketing capabilities to better serve consumers across the world. Bringing You the Best of the World Universal Studios Japan is......
RECUR360 Announces Integration With Maverick Payments
Digital Payments News

RECUR360 Announces Integration With Maverick Payments

Fintech News Desk
by Fintech News Desk0
New Integration Expands Integrated Payment Platforms RECUR360, #1776 on the 2022 . 5000 annual list, is now integrated into the Maverick Payments gateway, #304 on the 2022 Inc. 5000 annual list. This integration enables all of Maverick’s 20,000+ merchants and their customers to use RECUR360’s powerful automation platform for both......
Grey raises $2Million to simplify cross-border payments across Africa
Banking Digital Payments News

Grey Raises $2Million to Simplify Cross-Border Payments Across Africa

Fintech News Desk
by Fintech News Desk0
The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process  Grey a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey......
Consumers Online Payment Security Fears Grow Following ‘Cost-of-Living Crisis’, Says Paysafe Research
Digital Payments News

Consumers Online Payment Security Fears Grow Following ‘Cost-of-Living Crisis’, Says Paysafe Research

Fintech News Desk
by Fintech News Desk0
62% of global consumers increasingly see fraud as an inevitable risk of online shopping Over half (59%) of consumers are more concerned about becoming a victim of fraud now than they were in 2021. That’s according to research* released by leading specialised payments platform, Paysafe (NYSE: PSFE) which indicates that consumers across North......
TimePayment Announces New $375Million Revolving Credit Facility
Fintech News

TimePayment Announces New $375Million Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
TimePayment, an award-winning FinTech company and market leader in sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its previous, primary facility that was set to mature at year end. BMO Harris Bank......
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