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Rapid Finance’s API-Supported Small Business (SMB) Disclosure Service Now Supports Kansas’ New Commercial Financing Disclosure Requirements

Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to assist business funders and financing companies comply with Kansas’ new commercial disclosure requirements that took effect July 1, 2024.  

Tuesday, July 16, 2024 - 14:38
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/news/apis/rapid-finances-api-supported-small-business-smb-disclosure-service-now-supports-kansas-new
Financial IT
Small Cap Spring to Life

Global equities saw further gains last week, rising 1.1% in local currency terms. However, a strengthening in the pound against a weaker dollar to just under $1.30, the highest level in a year, left markets down a slight 0.1% in sterling terms.

Tuesday, July 16, 2024 - 14:22
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/blog/currency-banking-markets-trends/small-cap-spring-life
Financial IT
FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes

FIS®, a global leader in financial technology, today announced the launch of its new SMB Digital Lending solution. Created in partnership with Lendio, the nation’s leading small business financial solutions technology platform, the solution aims to reduce the barriers to funding for small and medium-sized businesses (SMBs) by streamlining and automating lending processes for financial institutions.

Tuesday, July 16, 2024 - 14:16
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/news/lending/fis-launches-smb-digital-lending-streamline-small-business-loan-processes
Financial IT
Cyber Insurance Rates Drop Significantly

After all the record numbers of ransomware attacks, there is some good news - increased competition in the cyber insurance market is causing premiums to fall, as much as 15 percent compared to last year. However, companies must meet a number of conditions in order to receive a payout in the event of a cyber attack. 

Tuesday, July 16, 2024 - 13:55
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/blog/insurtech-cyberinsurance-security/cyber-insurance-rates-drop-significantly
Financial IT
OANDA Prop Trader Enables Crypto Payments

OANDA announced today that it has introduced cryptocurrencies* as a payment method in its prop trading business, OANDA Prop Trader, giving customers globally the option to pay for trading Challenges using cryptocurrencies via the program's user portal.

Tuesday, July 16, 2024 - 13:41
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/news/cryptocurrencies/oanda-prop-trader-enables-crypto-payments
Financial IT
Tapi Successfully Closes Series A Round Led by Kaszek and Andreessen Horowitz

Tapi is thrilled to announce the successful closing of its Series A funding round, spearheaded by Kaszek and followed by Andreessen Horowitz. This significant milestone underscores strong investor confidence in Tapi and equips the company with essential resources to advance the development of the premier payment network across Latin America. This investment will empower fintechs and banks in the region to deliver increasingly efficient, secure, and scalable payment services.

Tuesday, July 16, 2024 - 13:32
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/news/fundraising-news/tapi-successfully-closes-series-round-led-kaszek-and-andreessen-horowitz
Financial IT
Ventrata Expands Partnership with Adyen to Deliver Better Payments Experience for Booking Platform

Adyen, the financial technology platform for leading businesses, has partnered with Ventrata to power its market-leading booking platform with real-time data processing and unified payments through Ventrata Payments.

Tuesday, July 16, 2024 - 12:07
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/news/payments/ventrata-expands-partnership-adyen-deliver-better-payments-experience-booking-platform
Financial IT
Webull UK Launches Webull Savings

Webull UK, a leading digital investment platform, today announced the launch of Webull Savings, an offering that provides users with access to a marketplace of savings accounts and the ability to move funds quickly between trading accounts and banks.

Tuesday, July 16, 2024 - 11:31
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/news/management/webull-uk-launches-webull-savings
Financial IT
BUX Holding Sells UK Subsidiary BUX Financial Services Limited to Parent Company of APM Capital

BUX Holding B.V. has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of APM Capital, a leading investment firm based in the UAE. BFS is a UK-based investment firm licensed by the Financial Conduct Authority (FCA) and renowned for offering CFDs and spread betting to both retail and professional clients.

Tuesday, July 16, 2024 - 11:22
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/news/infrastructure/bux-holding-sells-uk-subsidiary-bux-financial-services-limited-parent-company
Financial IT
Social Media Inspires Gen Z to Save More and Budget Better

Social media could inspire a new generation of savvy savers and fiscally responsible young adults, with 74% of Gen Z taking part in social media-based challenges to boost their overall savings, as revealed in the latest NatWest Savings index.

Compared to other age groups, Gen Z is the most likely of any generation to budget. Almost seven in ten (69%) 18-24 year olds say they create a budget for their finances, in contrast to those aged 65 and over, where less than half (42%) report they I set a budget.

Tuesday, July 16, 2024 - 10:31
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/news/personal-finance/social-media-inspires-gen-z-save-more-and-budget-better
Financial IT

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