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Today, March 23, 2020, Hatch Credit will officially begin its live beta launch to the first set of users from our waitlist of 14,000 users. We will allow users to report their rent as credit history leading them to see an improvement in their credit score within as little as two weeks. The beta launch will provide Hatch Credit to receive user feedback regarding the overall flow and features of the first version of the...

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Finastra has crowned Team ‘WonderTech’ the grand prize winner of its largest ever global fintech hackathon on its open development platform, FusionFabric.cloud. The Manila-based team was selected for the top honor for its ‘Agree Farm App’ from among five category winners at Finastra Universe New York. The app, which aims to connect rural farmers in the Philippines with access to bank loans, was chosen by an audience of senior professionals representing financial institutions. The team’s app was built...

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In order to provide secure and successful fintech services, companies should switch to KYC automation, say Covery. Financial technology (fintech) is becoming increasingly popular. According to Statista, at the end of the first half of 2018 there were a total of 440 million contactless payment users worldwide, with a forecast of 760 million users by the end of 2020. Global risk-management platform Covery stresses that: “The most crucial part of any fintech solution will always be security and...

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Today, Wealthfront and Grove, a financial planning startup, announced that the Grove team will be joining Wealthfront to bolster its efforts to deliver Self-Driving Money™. “We are so excited to be joining the Wealthfront team and are extremely grateful to our clients, employees, and investors who helped us get to this point,” said Chris Hutchins, co-founder and CEO of Grove. “We’ve always appreciated the role technology and automation can play in scaling quality financial advice. We are dedicated to...

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