Tagged: coronavirus

Majority of Private Market Funds Pivoted to Handle Challenges from COVID-19 Crisis: Research Report

Banking COVID Safe Social Distancing

Hilary Wiek, CFA, CAIA Lead Analyst, Fund Strategies & Sustainable Investing, notes that when Pitchbook last reported their benchmark returns, performance “was through June 2021.” The research report also mentioned that vaccines “were available, masks were coming off, and many office workers had resumed their… Read More

Fintech iwoca SME Expert Index: 30% Brokers Say Lending Market Returned to Pre-pandemic Levels

Fintech UK

The small business lending market has has reportedly returned to pre-pandemic levels of activity. This, according to nearly a third of brokers (30%) surveyed in iwoca’s latest SME Expert Index. And nearly another third (31%) believe the market will “return within 6 months, based on… Read More

European Marketplace Lender October Provides Updates on French State-Guaranteed Loans

Tuileries Gardens Lions Paris France

European marketplace lender October recently commented on the French state-guaranteed loans. On March 2020, the French State announced an “exceptional package of €300Bn state-guaranteed loans (PGE) to support SMEs during the Covid-19 crisis.” Since the launch of this first state-guaranteed loan via the October platform… Read More

Hong Kong Monetary Authority Announces Enhancements to SME Financing Guarantee Scheme

Hong Kong China florian wehde unsplash

The Hong Kong Monetary Authority (HKMA) notes that they have made enhancements to the SME Financing Guarantee Scheme. The Financial Secretary confirmed in the 2022-23 Budget today (23 February) that the application period for the 80% Guarantee Product, the 90% Guarantee Product and the Special… Read More

Fintech Modulr Reveals How Hybrid Working is Changing Corporate Travel Market

Lane Change Ahead

When the COVID-19 crisis struck, working practices changed for many individuals and businesses across the globe. Offices had been closed and corporate travel was at a standstill, as virtual networks began replacing physical networking. Fast forward two years and while lockdowns are easing and conferences… Read More

WealthKernel Introduces Instant Matching Deposits, Supported by ClearBank

Time Late Delay Statue

WealthKernel, a provider of digital investment services and infrastructure, has introduced Instant Matching Deposits that are being powered by ClearBank, the Cloud-enabled clearing bank. Instant Matching Deposits enables investors “to instantly fund their accounts and begin trading without waiting days for payments to clear, and… Read More

ComplyAdvantage Predicts Landmark Year for Fintech Industry Compliance Professionals

2022

The team at ComplyAdvantage has released their new report, titled The State of Financial Crime 2022. ComplyAdvantage’s outlook for 2022: From supply chains in crisis to “high-wire” geopolitical standoffs and the implementation of updated regulatory frameworks, it’s going to be “a landmark year for compliance… Read More

Fintech Paysend Reveals What they Learned After Becoming Remote-First Working Company

Computer Laptop Mac Virtual Remote Digital

The team at Fintech firm Paysend notes that the world of work has changed, and never more so than in the past 2 years. Many businesses are reporting that they are “struggling to cater to changes that come with being Remote.” At Paysend, they made… Read More

MarketFinance Explains Why Investors are Committed to Funding Small Businesses in the United Kingdom

Small Business Baron of Beef Cambridge UK

The team at UK’s MarketFinance notes that investors have continued to commit to funding small businesses in the United Kingdom despite “lingering anxieties” over the COVID-19 pandemic, Brexit and various other factors. MarketFinance VP Capital Markets, Marion Delille, has taken a look into just why –… Read More

European Fintech iwoca Shares Survey Results Revealing that Running Costs are Major Concern for Businesses in 2022

Flaking Peeling Pound UK

European Fintech iwoca notes that as worries or concerns about the economy emerge, almost three in four small business owners are thinking about the potential impact of inflation. iwoca writes in a blog post that businesses are “wary of the impact of this on their… Read More

Fintech Apps Are Becoming Widely-Adopted, so easyMoney Introduces its Own App for Clients

Money Pound iPhone

The team at UK’s investment platform easyMoney notes that the use of Fintech apps is increasing steadily across the globe. That’s why they decided to also launch their own app for their customers. The company wrote in a blog post that half of easyMoney investors… Read More

Fintech Adoption to Continue in 2022 with Financial Inclusion, Green Investments, Online Trading, Remittance Payments As Key Focus Areas

Fintech New York City

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

Southeast Asia’s StashAway, a Digital Wealth Manager, Says they’re Prepared for a Solid 2022

matthieu buhler Asia Pacific unsplash

Stephanie Leung, Group Deputy CEO at Southeast Asia’s StashAway, a digital wealth manager, notes that the COVID-19 outbreak has accelerated three key trends: a new inflation regime, China’s economic recovery, and the Fourth Industrial Revolution. According to Leung’s observations, the Coronavirus pandemic has continued to… Read More

Visa Explains How a Small Loan to SMBs can Make A Meaningful Impact on Supporting Key Business Operations

Farm Loans Lending Borrow Bank

Payments giant Visa (NYSE: V) notes that Sara’s Tamales in Portland, Oregon, is a small business built on a “big dream” — one that seemed quite “far-fetched” before owner Sara Rodriguez introduced her very first tamale cart. “When you don’t have the opportunities, the money… Read More

David Snitkof, Head of Analytics at Ocrolus, a Document Automation Platform for Financial Services, Comments on Automotive Lending Market

David Snitkof edited

David Snitkof, Head of Analytics at Ocrolus, which claims to be the leading document automation platform in financial services, powering the digital lending ecosystem, notes that just over a year ago, he had commented on the state of the automotive lending markets in the US…. Read More

Relationship-Based Lending Solution Provider, Zirtue, Offers its Platform for Business Enterprises Via Alternative Payment Solution

Farm Loans Lending Borrow Bank

Zirtue, the relationship-based lending app with a goal to promote financial inclusion, has  announced the launch of their Alternative Payment Solution for businesses. As mentioned in a release, the solution allows businesses to “utilize Zirtue as a payment option for their customers to pay bills… Read More

ACI Worldwide Introduces Network Intelligence Tech to Tackle Real-Time Payments Fraud

Stop Fraud 600

ACI Worldwide, an international provider of real-time payments and virtual payment software services, has introduced its Network Intelligence Technology as a key part of ACI Fraud Management. The tech allows banking institutions, processors, acquirers, and networks to complement fraud prevention strategies by enabling them to… Read More

Digital Banking: Australia’s Westpac Brings Enhanced Mobile App to Android Clients

Australia

Westpac is bringing its enhanced mobile app to Android clients, as the COVID-19 outbreak continues to accelerate the adoption and usage of virtual banking services. The app from Westpac makes it quicker, convenient, and a lot more secure for clients to effectively manage their funds,… Read More

UK based MarketFinance Explains How to Support Business Operations with Loans, Invoice Financing

William of Orange Kensington Palace London UK

Businesses require cash to grow their operations. That’s something company founders and CEOs know really well – even when business is picking up, the MarketFinance team writes in a blog post. UK-based MarketFinance, which is a leading online lender that recently raised £280 million in… Read More

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