Intesa Sanpaolo uses Bolero's trade digitization software to open up new frontier in Italian trade finance
Italian banking group Intesa Sanpaolo has utilised tech company Bolero’s trade digitization software for a fully paperless import...
Italian banking group Intesa Sanpaolo has utilised tech company Bolero’s trade digitization software for a fully paperless import...
International trade suffers from inefficient supply-chain logistics and financing options. This article reviews various ways in...
CIBC has announced that it is partnering with Toronto based Borrowell to offer "one-click" online lending for clients. The partnership...
Uphold, a cloud-based financial services platform, that leverages the operating efficiencies of blockchain technology, has announced the...
In a televised speech to about 1.5m security officials across China, Jack Ma proposed that the nation’s top security bureau collect and...
New research shows that on an average day, about 4.5% of people who take an unsecured personal loan go back for seconds at other lenders...
In direct contrast to rival Merrill Lynch, Morgan Stanley, will allow its 16,000 brokers to continue offering individual retirement...
The WSJ, Sendhil Mullainathan from Harvard and Markus Noeth from Hamburg University sent “mystery shoppers” to financial advisers to...
Participants in the financing round included the merchant banking division of Goldman Sachs, APAGM Services LLC (Andrew Prozes), Jarnac...
At Money2020, Bank of America, MasterCard and several fintech startups announced new tools known as chatbots. Josh Reich, the...
Bruce Schneier points out in this post that over the past year or two, someone has been probing the defenses of the companies that run...
Dr Simon Moores, a former technology ambassador for the UK government and chair of the annual international e-Crime Congress, said the...
Visa B2B Connect is a new platform developed in conjunction with Chain to give financial institutions a simple, fast and secure way to...
You can't just rely on the robot! Injecting a dollop of oversight into passive investments can help to achieve your goals. “it’s like...
According to Commonwealth Bank of Australia and Wells Fargo & Co, the first major bank international trade transaction through...
San Francisco and Barcelona based p2p payments startup Verse has raised $8.3m in Series A funding led by Greycroft. Verse is aiming to...
Phillipines based bitcoin startup Coins.ph has secured $5m in Series A funding led by Accion Frontier Inclusion Fund. Notably, the...
Bengaluru based invoice discounting marketplace KredX has raised Rs 40 Cr in Series A funding led by Sequoia Capital. KredX has built a...
Germany based b2b apps and services marketplace, as well as provider of global payments transactions, Aevi has raised €10m in...
The central bank of China is hoping to tighten its regulatory grip on certain aspects of its 'murky' financial system. Most recently, the...
Lending Club has announced that it plans to enter the auto refinancing field as it attempts to regroup following the forced resignation...
The platform announced that it is now offering consumers with a credit score of at least 640 the chance to refinance auto loans, as it...
Data that has valid, well defined, meaningful information is positioned to play a huge role in the future of the fintech industry.
Four main components define the usefulness of aggregated data: data volume, which refers to the generation process; data velocity, which...…
Bengaluru based Finwizard Technology Pvt. Ltd has secured $1.1m in Series Seed funding led by Saama Capital. Finwizard produces and runs...
London based InsurTech startup Neos has raised £1m in Series Seed funding led by Eos Venture Partners. Designed to prevent the damage...
France based banking startup Ibanfirst has raised $11m in venture funding led by investor Xavier Niel. Ibanfirst provides better exchange...
Bank of China and HSBC are among a group of lenders aiming to use the blockchain to provide quick property valuations for mortgage...
Aegon, Zurich, Allianz, Munich Re and Swiss Re joined forces in an attempt to put blockchain through its paces and evaluate whether the...
Korea based life insurance company Hanwha Life Insurance has purchased a 4.1% equity stake in San Francisco peer-to-peer lending group...
San Francisco based expense management platform TravelBank has raised $10m in Series A funding led by NEA. TravelBank can predict what...
Portland, OR based payment automation provider Nvoicepay has secured $10m in Series F funding led by Napier Park Global Capital. The...
The fund, which is expected to be up to $100b, is an ambitious project by Softbank's founder to expand the company's effort worldwide....
A Buzzfeed reporter has a microchip implanted and attempts a cashless, cardless, wallet-less, and supposedly frictionless existence....
Outsourcing investment management can help boost revenues, according to a survey of 8,000 advisors.
The effects of each business model boil down to where advisers dedicate their resources and time, according to the study. Firms that...…
Palo Alto based life insurance tech company Ladder has raised $14m in Series A funding led by Canaan Partners. Founded in 2015 by Jamie...
California-based healthcare lender Finrise has raised $5.4m in debt and seed equity funding from investors Mayfield, NFX Guild, WTI and...
Forbes reviews startups on the cusp of unicorn status, including fintechs GoFundMe, Yapstone, BitSight, and Collective Health.
Startups are the spark that lights the engine of the U.S. economy. The most successful of them, companies like Airbnb, Uber, and...…
Tokyo based investment robo-advisory service WealthNavi has closed a $15m Series B funding round with participation from SBI, Mizuho...
Delhi based affordable housing finance company Ummeed Housing Finance has secured $3.5m in Series A funding led by Lok Capital and Duane...
Berlin based invoice financing company Bezahlt has secured €3.5m in venture funding from Fly Ventures, German Startups Group, La Famiglia...
Aaron Schumm, founder of new portfolio company Vestwell, was interviewed by NYC tech publication AlleyWatch. Vestwell is a platform that...
A new article from The Wall Street Journal indicates that the public's trust in traditional stock pickers has diminished over time. The...
San Diego based crowdfunding pioneer GoFundMe has surpassed $3 billion in total donations through their platform. Launched in 2010,...
David Sacks, newly appointed CEO of San Francisco based corporate benefits company Zenefits, has announced the company's "second...
Barclays, Citi, Credit Suisse, JPMorgan and one undisclosed Tier-1 bank were involved in the project. IHS Markit, Thomson Reuters and...
An investigation by the SEC found that Forcerank, where investors predict how 10 securities perform relative to each other, failed to...
Stash, which celebrates its first birthday this week and has over 200k users, targets young Uber drivers and soldiers with no account...
Putnam Investments survey finds 85% of advisers are using social media day-to-day (up from 75% in 2014) but there are still holdouts,...
London risks losing its crown as the world’s top “fintech” city as new numbers show funding to the sector dropping sharply post...
TheGuarantors is a platform that connects renters unable to secure a lease independently with an insurance-backed guarantor through the...
While investment into lending startups has receded in recent months, insuretech startups are gaining steam in their capital raising efforts.
About $945.6 million flowed into fintech in the third quarter of 2016, according to Dow Jones VentureSource, a 57% drop from the same...…
Virtu (one of the world’s largest high-frequency trading firms) urged the SEC to not approve Nasdaq’s “Ultra” service, which would...
Techcrunch have a new mini-series launching called Trust Disrupted: Bitcoin and the Blockchain. The six-episode series, produced by...
California based online returns platform Returnly has secured a $3.2m seed funding round led by Index Ventures. Returnly lets merchants...
Berlin based banking app developer Kontist has raised €2m in seed funding led by Founders and Vækstfonden. The company intends to use the...
Brazil based sustainable credit startup SalaryFits has raised €1.25m in venture funding from Portugal2020. SalaryFits is a platform which...
France based payroll technology company Payfit has raised $5.6m in Series A funding led by Otium Capital. Employees can log into Payfit...
Toronto bases invoice funding platform FundThrough has raised $24.3m in a second round of funding. As part of the transaction,...
Following the financial crisis of the 2000's, many now view big banks as trustworthy, foolproof institutions. However, that may not be...
London based compliance startup ComplyAdvantage has raised $8.2m in Series A funding led by Balderton Capital. Comply advantage uses...
This week Goldman Sachs announced the opening of its new online lending platform, Marcus. Using Marcus, borrowers will be able to apply...
San Francisco based online lender Affirm has secured a $100m credit line from Morgan Stanley. The firm will use the funds to support its...
Lowell Putnam, CEO of Quovo, authored an article for InvestmentNews about the opportunity that is being created for investment advisers...
Portfolio company Embroker, the commercial lines platform that empowers businesses of all sizes to manage, buy, analyze, compare and...
The U.S. Court of Appeals for the District of Columbia Circuit has ruled that the organization structure of the Consumer Financial...
“Ready, Fire, Aim” has become “Operate With Integrity” at Zenefits. The NYT chronicles David Sacks' rebuilding efforts as the company...
Snap is preparing to step out into the public markets and has hired MS and GS for a potential equity offering as soon as the first...
Forward thinking central banks, including Bank of England and the People's Bank of China, have discussed issuing their national...
Austin based blockchain system Factom has raised $4.2m in Series A funding led by Tim Draper. Factom is a non-currency project that uses...
New York based mortgage brokerage firm Eastern Union and portfolio company Reonomy have announced a partnership in the form of a new real...
The Labor Department's fiduciary rule, set to take effect in April, may have negative consequences for Wall Street broker commissions....
San Francisco based insurance broker and portfolio company Embroker has officially announced its public launch. Embroker is an insurance...
Just Eat, the online takeout ordering behemoth, has invested in U.K. startup Flypay, which has built a platform to help restaurant and...
Hamilton Lane, a leading private markets asset management firm, announced an investment in and strategic partnership with Bison. Bison is...
In China The World Bank estimates that 79% of the population above the age of 15 have bank accounts, but only 10% have ever borrowed from...
Regulatory filings released this week, highlighted that the high end fashion and decor flash sales site was acquired in its own flash...
The former COO Eric Jing will replace Lucy Peng (both 43yrs old), as CEO of Ant Financial Services, the financial affiliate of Alibaba as...
RIABiz, a leading industry publication for registered financial advisors, features portfolio company Vestwell and opines on its place in...
The FT profiles the efforts and initiatives the UAE is doing to support and develop its small but active fintech ecosystem.
In early September, international financial centre Abu Dhabi Global Market began a second consultation on plans for the sandbox, the...…
$74 billion in U.S. taxpayer money is spent annually to offset correction costs for America’s 2.2 million prisoners (who represent 22% of...
The startup provides software-as-a-service products for derivative risk analytics in the face of growing regulations, particularly in the...
Paribus helps online shoppers get automatic refunds when prices drop on items they purchased. The company was launched in 2015.
Launched in the Startup Battlefield at TechCrunch Disrupt NY 2015, Paribus’ idea was to automate the process of following up on past...…
The company's first venture financing was led by a cohort of Indian angel investors.
As a part of this deal, EpiMoney, a non-banking finance company which was founded by Nayar, Sud and Sheshadri, will be acquiring stake in...…
The payment is an early example of the potential for parametric insurance to help people receive aid faster after natural disasters.
CCRIF’s parametric insurance products are insurance contracts that make payments based on the intensity of an event (for example,...…
Tokyo based billing and accounting software platform Money Forward has completed a $11m Series D financing round led by Isetan Mitsukoshi...
New York based digital payments company Payoneer has completed a $180m Series E financing round led by TCV. Payoneer empowers global...
San Francisco based commercial real estate deal management and collaboration software platform Dealpath has raised an $8m Series A round...
Toronto based point-of-sale financing provider Financeit has secured $17m in venture funding led by backers DNS Capital and The Pritzker...
Over half of the outstanding $22 billion in catastrophe bonds held by pension plans and other big investors have some exposure to Florida...
Florida-based insurance companies are taking a beating, while reinsurers may be on the hook for large payments for the first time in years.
The potential severity of damages from Hurricane Matthew has been all over the map, as have forecasts for the storm itself (it's now...…
Lemonade has publicly released data on its first 48 hours in operation post-launch. Highlights include quote-to-payment conversion...
Venture capital is on track for its biggest year since the dot-com era. VCs are raising money earlier than normal in case economic...
The SEC will vote this upcoming week about whether to require mutual funds to adopt liquidity risk management programs and bolster...
American Banker addresses the paradigm shift where banks and fintechs both better understand and respect each other, creating a path...
Banks are paying attention to the "bot" trend. RBSis about unveil Luvo, an online artificial intelligence CSR, which can answer questions...
The billionaire asset manager believes that bitcoin is becomingly an increasingly attractive alternative to investors as central bank...
London based credit startup iwoca has raised £46m in debt financing following a closure of their £21m Series C funding round led by Prime...
California commercial real estate marketplace lending platform Money 360 has raised $8.5m in debt financing. Money360, Inc. is a direct...
India based financial institution Utkarsh Micro Finance has raised $59m in venture funding from from HDFC Bank and RBL Bank. Utkarsh...
Octane Lending, a technology-enabled powersports finance company, today announced the closing of its Series A round led by Berenson...
Palo Alto based free stock trading app Robinhood has just announced its premium feature set, Robinhood Gold. For $10/month, users...
Bangalore, India based Bitcoin startup Unocoin has raised $1.5m in venture funding from both Indian and American backers. Unocoin runs a...
Seattle based person-to-person payments startup Remitly has raised $38m in equity funding and debt financing led by IFC and Silicon...
London based credit score startup Aire has raised $2m in new funding led by White Star Capital. On foot of this new funding and...
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