Mogo Provides Business Updates

Mogo Inc. (TSX: MOGO) (NASDAQ: MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today provided an update on its business performance and measures the Company is taking in response to the ongoing COVID-19 pandemic. “Like many companies, we’ve had to quickly adapt and make some difficult but necessary decisions as a result of the emerging effects of the coronavirus. I’m proud of how our team has managed the transition and the tremendous commitment they...

Financial Advisors Accelerate Shift to Holistic Financial Planning

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today released results from a survey of over 300 financial advisors, revealing that financial advisors are accelerating the transition of their business models to offer more holistic financial wellness services. Fifty-one percent of surveyed advisors stated that there will be an increased focus on holistic financial planning within their practices moving forward. Younger advisors (under 40) are four times more likely than older advisors (over 55) to believe...

UK Fintech firms rushing to provide nutrients to the deficient relief measures during the crisis

The financial technology industry in Britain is racing to do whatever needed to complete the coronavirus business relief measure by the government. They are willing to offer quick loans to aid the needy and help businesses who are struggling to find a financial foothold during the global crisis of the Coronavirus outbreak. Many top fintech organizations from the country have been pushing for approval and accreditation to be capable of providing quick relief loans to...

Phoenix American Financial Services Announces New Client Partnership

Phoenix American Financial Services, Inc. (“Phoenix American”) is pleased to announce its new client partnership with AD Securities America LLC (“AD Securities”). Phoenix American will support the back office operational needs of AD Securities’ asset management business with its industry leading investor services platform featuring the state-of-the-art STAR-XMS shareholder management / transfer agent system. AD Securities will benefit from Phoenix American’s combination of advanced technology, focus on customer service and long experience with the unique operational requirements of...

Abrigo Gives Community Financial Institutions a Strategic Advantage

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...

Shinhan Financial Group becomes a global innovation hub

Shinhan Financial Group (SFG), the largest financial group in South Korea is becoming an open innovation hub as it expands the global startup ecosystem. SFG and Plug and Play are collaborating together to accelerate the next unicorn. Plug and Play, based in Silicon Valley, is a global startup technology accelerator that has discovered leading global IT startups. SFG expanded territories overseas with a special emphasis on Asia to diversify its earning base and to secure a new growth engine for...

eBrevia, a DFIN Company, Helps Clients Prepare for Fast-approaching LIBOR Transition

eBrevia, a Donnelley Financial Solutions (NYSE: DFIN) company, today announced its latest software release focused on helping financial institutions transition from the London Inter-Bank Offered Rate (LIBOR), a globally recognized base rate for financial services. LIBOR has been in use since the 1970s and today it is a reference for an estimated $350 trillion of loans, securities, and derivatives worldwide. The challenge facing many financial institutions is that LIBOR is expected to cease publication or...

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