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Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation

PYMNTS

MARCH 23, 2020

Also, banking FinTech Finastra was hacked. Banking FinTech Finastra was hit with a security breach on Friday (March 20) and was forced to shutter key systems and send employees home. As China’s Banks Encourage Loans, Default Fears Mount. Morgan Stanley told clients to expect U.S. Finastra Hacked, Forced To Shut Down Key Systems.

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Fintech Fundings: 102 Companies Raise $2.0 Billion in July

Fintech Labs Insights

AUGUST 23, 2016

Fintech deals by size from 23 July to 29 July 2016: Elevate. HQ: Fort Worth, Texas. The post Fintech Fundings: 102 Companies Raise $2.0 Tags: Institutions, developers, storage, IT, security, compliance, HSBC (investor). Total dollars raised YTD is $19.3 billion, double the $9.8 Alt-lender. Source: Crunchbase.

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Community Banking Brief

Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation

Fintech Fundings: 102 Companies Raise $2.0 Billion in July

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