Tag: FINTECH
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Zil Money Joins ALTA to Provide Enhanced Financial Solutions for Title Companies
Zil Money has joined the American Land Title Association (ALTA) to enhance its support for title companies with innovative financial solutions. The platform features multiple checking accounts, diverse payment options, and advanced transaction security. As a significant player in the industry, Zil Money aims to redefine financial operations within the title sector, catering to its…
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SoftBank Group Commits $100 Billion Investment Following Trump Election Victory
President-elect Donald Trump announced a $100 billion investment from SoftBank Group in the U.S. over the next four years, demonstrating international confidence in his administration’s economic policies, according to CEO Masayoshi Son. On a recent occasion at Mar-a-Lago, President-elect Donald Trump highlighted a significant commitment from SoftBank Group to invest $100 billion in the United…
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Government Loan Scheme for Small Businesses Faces Significant Challenges
A government scheme to help small businesses secure loans is marred by misunderstandings regarding loan rejections. With only one in twenty referred companies securing funding, the effectiveness of the initiative is under scrutiny. Launched in November 2016, it has facilitated over 5,300 deals worth £128 million, signaling a need for improved communication and feedback regarding…
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Deloitte Announces 2024 North America Technology Fast 500 Rankings
On November 21, 2024, Deloitte announced its North America Technology Fast 500 rankings, recognizing TG Therapeutics, Inc. as the fastest-growing company with a staggering 153,625% growth rate. The software industry leads the list, marking the 29th consecutive year with the largest representation. The average growth rate of the winners was 1,981%, reflecting strong trends in…
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StoneCo Evaluates Sale of Linx Amidst Interest from Global Tech Firms
StoneCo is considering offers to sell its Linx software unit, which it acquired for 6.7 billion reais, with about 20 bidders showing interest. Noteworthy prospective buyers include Totvs SA and Constellation Software. Despite these deliberations, StoneCo remains financially sound, highlighted by a 2 billion reais share buyback program. This situation indicates a larger trend of…
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Cedar-IBSi Capital to Invest in Fintech Startups for Industry Modernization
Cedar-IBSi Capital plans to invest in 10-15 fintech startups, particularly in the banking and insurance technology fields. The fund will allocate Rs 4-10 crore for this purpose, having already secured Rs 50-75 crore from its early-stage fund. The focus is on enhancing operational efficiency within financial institutions and supporting experienced entrepreneurs. Cedar-IBSi Capital announced its…
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WorkWave Discusses Fintech Innovations to Boost Growth at Money20/20 USA 2024
Jacob Olins, VP of Fintech at WorkWave, shared insights at the Money20/20 USA 2024 conference on utilizing fintech innovations to help field service companies grow. His discussion focused on integrating advanced payment technologies and service solutions to drive business expansion. At the Money20/20 USA 2024 conference, Jacob Olins, the Vice President of Fintech at WorkWave,…