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Pennsylvania Community Bank Partners with Fintech to Digitize All Aspects of Commercial Lending

Quaint Oak Bank and Teslar Software today announced their partnership to enhance the bank’s commercial lending strategy. The $750 million-asset community bank will leverage Teslar’s full suite of automated workflow and portfolio management tools to improve the lending process for both lenders and borrowers.

Wednesday, September 28, 2022 - 14:40
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Financial IT
HSBC and Nova Credit Launch Partnership to Offer Customers Borderless International Credit Checking

Nova Credit, the world’s leading consumer-permissioned credit bureau, today announced that it has partnered with HSBC to provide the bank with global access to its cross-border credit data product, Credit Passport®, creating more opportunities for credit access to cross-border customers across the globe.

Wednesday, September 28, 2022 - 13:38
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/news/banking/hsbc-and-nova-credit-launch-partnership-offer-customers-borderless-international-credit
Financial IT
Infinian Product Helping with the Cost of Living Crisis

On 16 June 2022, the Financial Conduct Authority (FCA) wrote to the leaders of more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living.

The ‘Dear CEO' letter to firms across the financial services sector, which included all regulated and non-regulated Buy Now Pay Later operators, was to remind them of their obligations regarding the fair treatment of customers.

Wednesday, September 28, 2022 - 13:08
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Financial IT
Ondato Uses CoinGate to Accept Cryptocurrency as Payment

Ondato, a tech company that streamlines KYC and AML-related processes using cutting-edge AI tools to address the full range of compliance challenges, announces that they are now accepting various types of cryptocurrency as payment for their services facilitated through CoinGate, a cryptocurrency payment gateway that offers tools and infrastructure for merchants to accept payments in more than 70 cryptocur

Wednesday, September 28, 2022 - 12:57
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/news/cryptocurrencies/ondato-uses-coingate-accept-cryptocurrency-payment
Financial IT
Answer Pay and Partner Hub Join Forces to Improve Cash Flow in Europe’s €1.2B E-invoicing Market

As the cost of living crisis increasingly bites many businesses are struggling to collect payments from their customers. Subscription numbers are declining and consumers are cancelling direct debits in favour of alternative payment methods that give them more control. However, these alternatives such as cash, cards and cheques can cost more and introduce friction with conversion typically much lower.

Wednesday, September 28, 2022 - 12:53
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Financial IT
SeQura Receives Up to €150M of Financing from Citi and Further Secures its Continued Growth

SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to €150m of senior financing.

Wednesday, September 28, 2022 - 12:18
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Financial IT
Wirex and Uzbekistan Direct Investment Fund Sign Memorandum of Understanding

Wirex is happy to announce the signing of the Memorandum of Understanding with the Uzbekistan Direct Investment Fund.

With this partnership, we will support the Uzbek government as they implement blockchain solutions and distributed ledger technology for various government services.

Wednesday, September 28, 2022 - 11:46
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Financial IT
Drip Capital Partners with Onfido for Faster Verification, Streamlining Trade Finance Process for its Customers

Drip Capital, Inc., a leading cross-border digital trade finance platform, announced a partnership with Onfido, a global digital identity verification and authentication provider, to streamline the onboarding process for new customers.

Wednesday, September 28, 2022 - 11:36
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/news/trade-finance/drip-capital-partners-onfido-faster-verification-streamlining-trade-finance
Financial IT
PayU Research Reveals a Major Opportunity for International Online Merchants to Capture US Demand not Being Met Domestically

PayU, the leading online payment service provider operating in 50+ emerging markets, today announces the results of its U.S. survey which reveals a big opportunity for international merchants to capitalize on US consumer demand not being met domestically.  

Wednesday, September 28, 2022 - 11:27
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/news/fintech-startups/payu-research-reveals-major-opportunity-international-online-merchants-capture
Financial IT
Russell Investments Selects ACA Group’s ARRMA Service to Enhance Regulatory Reporting

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that Russell Investments has selected ACA’s ARRMA (ACA Regulatory Reporting Monitoring & Assurance) service to help manage its transaction reporting arrangements. ACA has provided MiFIR assurance reviews for Russell Investments since May 2021 and the partnership has now been extended to include EMIR reporting as well.

Wednesday, September 28, 2022 - 11:23
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Financial IT

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