Automated mortgage transaction technology firm Roostify has announced Frank Gelbart as its new chief revenue officer; Frank Gelbart has over 20 years of experience with technology companies and was previously president, CEO and co-founder of Appfluent Technology; Roostify is a fast growing startup and is currently partnering with JPMorgan for mortgage lending technology innovation. Source
Digital assets have evolved into an ecosystem of potential with innovation driving development far beyond speculative investment.
The company offers online coding courses for kids and teens. It's the first investment that Kaszek makes in Peru.
FedNow's launch is imminent, but the U.S. is lagging behind the rest of the world on real-time payments. It may be an advantage.
Nuance Communications is partnering with behavioral biometrics company BioCatch for new security authentication; BioCatch will provide authentication on internet and mobile devices as part of Nuance's Security Suite; through the partnership Nuance will now be able to provide fraud prevention offerings that expand beyond contact centers to digital channels as well. Source
Writing in Forbes, Brock Blake, the CEO of Lendio shares the good, bad and ugly of the Paycheck Protection Program;...
J.D. Power is out with their most recent Small Business Banking Satisfaction Study and small businesses are still dissatisfied with banks; the biggest issue that could increase positive interaction with small businesses and banks is more account representatives; having someone available to speak to SMBs and help them is something that is sorely lacking; banks have seen market share go to fintechs and digital banks in recent years so better serving this key customer group is something the banks need to recognize. Source.
Steps are being made to close the gender divide in fintech, but lack of access to funding can be crippling to female-led firms.
Overstock has been building out their FinanceHub for the past few months to include Overstock credit cards and insurance products, loans by LendingTree, Prosper and SoFi, a robo-adviser for automated investing and a discounted trading platform; Raj Karkara, Overstock VP of loyalty and financial services, tells TearSheet, “Consumers don’t want to sit and sign 50 documents, they just want to go online and get through the steps they need to take to move forward.”; the moves made are part of a broader strategy for the retailer to become a full service fintech firm that caters to their clients needs. Source.
Despite recent challenges with accounting issues in its Asian arm German payments company Wirecard has received a $1 billion funding...