Modulus CEO: Coinbase Proof that Bigger Doesn’t Mean Better or Safer in Fintech
- 3 years 3 months ago
- Financial
This week, CNBC broke an investigative story which discussed the many Coinbase users who have fallen victims to hackers, mostly without recourse. Coinbase is known for its historic public offering, as well as its place as an industry leader in the emerging digital assets space. Those interviewed noted that the company’s customer service was lackluster, at best.
Foreign Currency Direct Rebrands to Lumon in Shifting Foreign Exchange Space
New brand will unify acquired companies, aiming to illuminate overseas payments and focus on customer goals
Meet the AIRSOFT Team at the Biggest Forex Events This Autumn
Leading technology solutions provider for brokerages and fintech firms, AIRSOFT Technology, has announced a very busy pipeline for Autumn 2021. With brokerages struggling to support the huge influx of traders in 2020-2021, the company believes that the forex events would offer the best platform to create awareness regarding its turnkey technology solutions. Now that fintech events are live once again, they offer excellent opportunities to... more
Nisir Microfinance Institution Goes Live in 70 Days on ICS BANKS
- 3 years 4 months ago
- Banking, IT Innovations, Financial
Views on RBI's Financial Inclusion India Report 2021
- 3 years 4 months ago
- Financial
Views from Mr. Dilip Modi – Founder, Spice Money: “It is heartening to see that, according to the recently launched Financial Inclusion Index by the RBI, the financial inclusion in India has increased to cross the halfway mark to 53.9 in the financial year ended March 2021, as compared to 43.4 for the year ended March 2017. We, at Spice Money, are happy to be a part of India’s financial inclusion journey and aim to work towards reaching the... more
Global Fintech Unicorn Leaderboard Spotlights the Largest Hubs
The UK-based Centre for Finance, Technology and Entrepreneurship (CFTE) compiled a list of the 157 fintech unicorns to date (those valued over $1 billion), per its blog post.
UK Public Finances – Fast Improving
- 3 years 4 months ago
- Financial
UK Public Finance data released this morning shows a sharp improvement compared to where the Government’s finances were a year ago. Public Sector Net Borrowing in July almost halved, to £10.4bn, although this is still the second worst July for borrowing levels since records began. Both sides of the equation improved; spending fell by £2.9bn to £79.8bn, whilst government tax receipts of £70.0bn were up by £9.5bn on the prior year run-rate.
Mortgage Refinance Loans Drove an Increase in Closed-end Originations in 2020, New CFPB Report Finds
A new Home Mortgage Disclosure Act (HMDA) data report on residential mortgage lending trends released today by the Consumer Fi
Entrepreneurs Need to Better Understand Risk and Fail Better by Failing Fast and Forward
Are entrepreneurs risk takers at heart or calculated visionaries? According to serial entrepreneur and Ukheshe Technologies CEO, Clayton Hayward, many entrepreneurs don’t truly understand the nature of risk, which has a direct impact on the success of their business idea. He says that to be a successful entrepreneur you need to be willing to take risks with a greater vision in mind – and become comfortable with the possibility of failure.
Deko Acquires Integration Specialist as it Steps up Growth Plans
- 3 years 4 months ago
- Platform Technology, Financial
Leading retail finance platform Deko, has today announced the acquisition of technology services provider
Nav Named to Inc. 5000 Fastest-Growing Private Companies in America List for Fifth Consecutive Year
- 3 years 4 months ago
- Platform Technology, Financial
Nav, the simple and intelligent financing platform for small businesses, today was included on the 2021 Inc. 5000 list of the fastest-growing private companies in America. This year's recognition marks Nav's fifth consecutive appearance on the Inc. 5000 list.
Fusion Phoenix Is the Open Core of Choice to Empower Us Financial Institutions Beyond Traditional Banking Models
- 3 years 4 months ago
- Core Banking, IT Innovations, Financial
Finastra announced that it has signed 25 financial institutions to its Fusion Phoenix core banking platform during its 2021 fiscal year (ending May 31, 2021).
The FinovateFall Conference Marks Finovate’s Return to In-Person Events
The fintech conference will feature more than 90 global thought leaders and showcase product demos from more than 50 companies
Embedded Finance Key to SME Recovery and Rebuilding Economy
iwoca data shows how embedded finance leads to speedier and more successful loan applications for small businesses Half of applications through embedded finance partners receive a decision within two minutes, and are 58% more likely to be successful than direct applications Nearly 30% of all loan applications to iwoca now come through embedded finance partners