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Ant’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?

PYMNTS

3), stock exchanges in Shanghai and Hong Kong have suspended the looming IPO (initial public offering) in Ant Group, citing regulatory changes in the financial services landscape — and summoning executives including controller Jack Ma to meet with Chinese regulators at the China Securities Regulatory Commission.

Lending 199
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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Core connectivity and API providers CFM and NXTsoft merged, acquiring document workflow provider IMM and rebranding as Kinective. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alogent acquired document imaging and tracking solution provider AccuSystems.

Fintech 103
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Fintech Deals to Watch: Back to School

Gonzobanker

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 184
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Japan’s Mizuho Launching FinTech Venture

PYMNTS

Reuters noted that Yamada wouldn’t say more about the projects but did say the venture is gearing up to conduct an export transaction in June using blockchain technology. The transaction will enable parties to exchange documents online instead of getting hard copies.

Fintech 100
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Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief

PYMNTS

The company does not traditionally offer loan origination software for banks, but with its digital account opening capabilities already in place, the FinTech was able to wield its technology to facilitate the PPP lending process for FIs. How are they going to receive loan documentation? By fax or paper?

Fintech 166
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Treasury report on bank/fintech relationships includes recommendations for CFPB supervision of non-bank installment lenders and data aggregators

CFPB Monitor

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78
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FinovateFall 2018 Live Blog – Day 2

William Mills

You can also store your IDs and secure notes. Fortr3ss is working in financial, healthcare and comcast industry sectors. ^KT. They see themselves as a platform for managing digital identity, secure by biometrics. Synthesise and perform efficiency on documents. SME Lending for the Indian marketplace.

Mobile 78