Products and benefits of Direct Lending
Finance is needed for business funding, but tapping the right sources is necessary. Are there other finance options apart from loans for meeting these needs?
Finance is needed for business funding, but tapping the right sources is necessary. Are there other finance options apart from loans for meeting these needs?
Cameroon, the Democratic Republic of the Congo (the DRC) and the Republic of the Congo have today announced their intention to adopt cryptocurrency and blockchain based solutions to drive future economic progress. Layer one proof-of-stake blockchain, The Open Network (TON) is the leading contender to become the blockchain to power this. The DRC has also confirmed that it is considering a new national stablecoin, built on the TON blockchain. TON has been engaging with all three countries independently for...
Prelim, a leading fintech provider of optimized digital banking experiences for financial institutions, announced new funding through an affiliate of EJF Capital LLC (“EJF”), a global institutional alternative asset management firm. The transaction represents one of the first early-stage financial technology investments by EJF and is aimed to substantially support Prelim on the next stage of its growth journey. The investment is consistent with EJF’s focus on supporting early-stage fintech innovators that are working to improve...
Demand for modern digital banking grows as more credit unions partner with fintech to deliver superior member experience
Merkle Science, a predictive blockchain monitoring and investigative platform, has today announced that it has introduced support for Bitcoin SV (BSV) to its transaction monitoring coverage. From today, Merkle Science customers will be able to use the platform’s Blockchain Monitor tool, a behaviour-based transaction monitoring and risk reporting solution which allows users to easily identify – and respond immediately to – suspicious transactions, without relying on backwards-facing blacklists. The tool is highly customisable and easy to use, enabling users...
Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions (CFIs), announced the launch of Abrigo Connect — a reporting and data visualization application that gives CFIs unparalleled access to risk and performance information across their organizations. Abrigo Connect puts the power of data in the hands of CFI executives by providing users with dashboards, reporting, and custom analytics optimized for CFIs. Pulling in data from Abrigo’s credit and...
Gateway First Bank has appointed Greg Hargis as Senior Vice President of Financial Institutions in the Treasury Management Division. Hargis will work with the executive team as they cultivate relationships with financial institutions to further develop business with bank clients. Greg has responsibility for advising clients and developing the capabilities, products and services to meet the needs of the financial institutions’ industry. “It is critical we have someone with Greg’s experience as a part of...
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that R.J. O’Brien & Associates (RJO), the largest independent futures brokerage and clearing firm in the United States, has successfully implemented Itiviti’s Managed FIX Service for the company and its affiliates. fintech news As an existing client of Itiviti in London, R.J. O’Brien looked to consolidate separate regional hubs and required an efficient, functional and scalable “welcome” layer for its growing global business and...
Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced new gateways to the Stock Exchange of Thailand and the Thailand Futures Exchange, enabling its domestic and international customers to trade listed equities and derivatives in the Thai markets. Fintech News The Stock Exchange of Thailand (SET) serves as the main trading venue for listed securities in Thailand and provides technology to facilitate trading. A subsidiary of SET established in 2014, Thailand Futures Exchange (TFEX) offers stock...