Financial Technology - FinTecBuzz

Levine Leichtman Capital Partners Acquires Resolution Economics in Partnership With Existing Management

January 7, 20205 min

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced that it has acquired Resolution Economics, LLC (“Resolution” or the “Company”) in partnership with the existing management team. Terms of the transaction were not disclosed. fintech news Resolution is a specialty consulting firm that provides economic and statistical analysis as well as expert testimony to leading law firms and corporations in labor & employment and commercial litigation matters. Resolution specializes in highly complex...

by FTB News Desk

Analytics/BI

Dan Celia: Remaining Optimistic for 2020 Economy Until Political and Financial Headlines Say Otherwise

January 6, 202011 min

PHILADELPHIA—What will dampen nationally syndicated host Dan Celia’s continued optimism for the economy? Only if it “could possibly appear that President Trump may not win the election,” says the biblical investing authority. “I feel very, very good about the upcoming year from a market standpoint—and, more importantly, from an economic standpoint,” Celia said to kick off the year. “But as we see and hear all the optimism about 2020 and the markets, everything will be totally...

by Ashish Y.

Crypto Currencies

Taskforce statement highlights favourable nature of English Law for cyrptoassets

January 6, 20203 min

Elliott Fellowes, commercial and financial services litigation have outlined the statements published by the UKJT and the Chancellor of the High Court regarding the status of cryptoassets and smart contracts under English law Elliott Fellowes, commercial and financial services litigation associate at Signature Litigation, have initially outlined the statements published by the UK Jurisdiction Taskforce (UKJT) and the Chancellor of the High Court, Sir Geoffrey Vos, in regards to the status of cryptoassets and smart...

by PRNewswire

Financial Software

Pintec Cooperates with China Unicom’s Unicompay to Expand Handset Financing

December 27, 20194 min

Pintec Technology Holdings Ltd. (“Pintec”;NASDAQ: PT), a leading independent fintech solutions provider, recently announced an agreement with China Unicom. As mentioned in its first nine months earnings call of 2019, Pintec will leverage its digital lending capabilities to enable China Unicom’s payment platform Unicompay to offer next-generation handset financing services to its broad base of subscribers. Unicompay is the telecom operator’s third-party payment platform that runs “WO Wallet” and is committed to offering convenient and efficient...

by BusinessWire

Financial Software

OneConnect Opens Its Joint Venture in Japan

December 26, 20195 min

On December 19, OneConnect announced in Tokyo the official opening of SBI OneConnect Japan, a joint venture with Japanese financial service group SBI Holdings, providing cutting-edge cloud-based and AI technological services to regional banks in Japan to help them to achieve digital transformation. It is reported that in March 2019, this joint venture was incorporated in Japan. This is also the first shot that OneConnect has made to the overseas market after being successfully listed...

by FTB News Desk

Financial Software

ePayRails Announces Rebrand to Fintainium, Inc.

December 20, 20193 min

ePayRails, a financial workflow services company, announces that it has rebranded to Fintainium, Inc. The comprehensive rebrand follows the company’s initiative to create an image that more accurately reflects the strong services and value that the company adds to its target client base. The name change of ePayRails to Fintainium reflects the completion of the first step in the company’s rebranding process. Following the name change the company will soon unveil its new logo, website...

by BusinessWire

Risk Management

Baker Hill NextGen® Named Best-in-Class Commercial Loan Origination System by Aite Group

December 19, 20195 min

Fintech analyst group showcases Baker Hill’s industry-leading loan origination system

by BusinessWire

Blockchain

POSaBIT Launches Point of Sale in Montana on Eve of State’s Untethering

December 19, 20192 min

Company Makes First Point of Sale Installs in Up-And-Coming Market

by FTB News Desk

Risk Management

Think Finance Reorganizes and Exits Bankruptcy Protection

December 18, 20193 min

Think Finance, a provider of credit and financial wellness tools receives an exit plan and settlement approval from Bankruptcy Court On December 7, 2019, the business operations of Think Finance, and its subsidiaries emerged from Chapter 11 bankruptcy proceedings as reorganized entities following approval of their joint Chapter 11 plan by the United States Bankruptcy Court for the Northern District of Texas. As part of the ruling, the Think Finance entities resolved all governmental and...

by PRNewswire

Investments

Financial Technology Heavyweights Blythe Masters and Richard Lumb Join Motive Partners

December 16, 201910 min

Blythe Masters & Richard Lumb join as Industry Partners, further bolstering Motive Partners' deep industry expertise and network

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