fintech services - FinTecBuzz

Quinte Financial Technologies Begins Operations Under New Brand Name

December 20, 20195 min

Quinte Financial Technologies Inc. (Quinte) – previously operating as Quatrro Processing Services (QPS); a longstanding provider of financial crime management solutions – announced today that the Company has been rebranded under the “Quinte” name. “The Company’s name change to Quinte from QPS,” according to Chairman Venu Gopal, “reflects our differentiated response to a fundamental shift in how financial services companies, merchants and payment processors are currently addressing increased demands related to fraud protection, regulatory compliance and...

by FTB News Desk

Risk Management

RDC and Monzo Expand Anti-money Laundering Partnership for Bank’s US Launch

December 20, 20195 min

RDC (Regulatory DataCorp) has renewed its agreement with Monzo, the UK’s fastest-growing bank, in a deal that will see the company’s next-generation customer screening technology extended to cover the bank’s US launch. The arrangement will build on the success of the past two years in the UK where RDC’s data and technology is used to screen for financial crime risk as some 55,000 new customers sign up for a Monzo account every week. fintech news...

by PRNewswire

Investments

ANSYS to Join NASDAQ-100 Index

December 18, 20194 min

ANSYS (Nasdaq: ANSS) will become a component of the NASDAQ-100® Index (Nasdaq: NDX) effective with the stock market open on Dec. 23, 2019. The NASDAQ-100 index is composed of the 100 largest non-financial company stocks listed on The Nasdaq Stock Market based on market capitalization. Payments “We are honored to join this elite group of the world’s most successful and dynamic companies on the NASDAQ-100 Index,” said Ajei Gopal, ANSYS president and CEO. “The simulation...

by PRNewswire

Financial Software

Dallas based Startup Hires COO to Expand New Model for Financing Skills-Based Training

December 16, 20195 min

Seasoned financial services executive Scott Rhode joins Meritize, pioneer in merit-based education finance

by BusinessWire

Payments

Brex Signs $200M Debt Capital Raise

December 13, 20193 min

Brex, the financial technology company that helps ambitious companies scale, today announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse, backed by Brex’s corporate charge card receivables. This is Brex’s second warehouse line of credit – its first was a $100 million debt facility announced with Barclays Investment Bank in April 2019....

by PRNewswire

Insurance

Hippo Insurance Partners with National Mortgage Provider Home Point Financial

December 12, 20198 min

Program Saves Home Point Borrowers to Date 32 Percent on Average on Proactive Home Insurance

by BusinessWire

Investments

FocalPoint Holdings Partners with GreenSky Patient Solutions® to Enable 8,000 Ophthalmology Providers to Provide Patient Financing

December 12, 20195 min

FocalPoint Holdings, LLC today announced a partnership with GreenSky Patient Solutions, LLC, a subsidiary of GreenSky, Inc. (“GreenSky”) (NASDAQ: GSKY), a leading financial technology company Powering Commerce at the Point of Sale®. This partnership enables FocalPoint Holdings’ network of 8,000 ophthalmology and optometry providers to offer flexible financing solutions, including revolving credit and installment loan products, so their patients can receive the care they seek. “As the healthcare system in the U.S. continues to evolve,...

by PRNewswire

Crowdfunding

KulaCrate Launches Platform That Helps Teachers Receive Classroom Supplies Year-Round

December 12, 20195 min

New platform provides an easy-to-use online crowdfunding solution that reduces the personal burden on teachers of outfitting their classrooms with necessary supplies.

by BusinessWire

Crypto Currencies

Saga Announces the Official Launch of the SGA Token

December 11, 20194 min

Saga today announces the launch of the Saga token (SGA), the first global, stabilised, digital currency controlled by its holders. SGA allows global citizens to store and move value without friction across borders – a need accelerated by the speed of globalisation. Working in collaboration with banks, financial institutions, and regulators, SGA acts as a bridge bringing digital currencies into the mainstream, by reducing risk and building trust. SGA is the first digital currency that...

by Ashish Y.

Investments

BankerBay is now Aurigin

December 10, 20194 min

BankerBay, a leading Fintech company announced that it has rebranded to Aurigin

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