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TORONTO, ON–Ratehub Inc. has launched its own Canada Mortgage and Housing Corporation (CMHC) approved lender under CanWise Financial. The move supports Ratehub’s vision of becoming the best digital mortgage company for Canadian consumers. As a lender, Ratehub will have the ability to work with more financial institutions, not just the …

PARSIPPANY, NJ—Provenir has new data integration partnerships with alternative scoring provider CredoLab and data vendors Kompli-Global, and Ekata. The partnerships empower financial services organizations to rapidly incorporate KYC, fraud, identity and credit risk data into decisioning processes using the prebuilt integrations within Provenir’s low-code user interface. “Our partnerships with CredoLab, …

SAN FRANCISCO, CA–The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, FinTechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa has added two new components to its …

PALO ALTO, CA–VMware has made commercially available the VMware Blockchain product. Businesses are provided an extensible and scalable enterprise-grade platform to unlock data silos and free up data so it can flow securely, privately and instantaneously. Here are the needs that VMware Blockchain meets. Businesses run on data and workflows …

WASHINGTON, DC–There is growing cautious optimism in the future of the American equipment finance market, once the contentious U.S. election is sorted out but amidst the COVID-19 pandemic. The Equipment Leasing & Finance Foundation (the Foundation) has released the November 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), …

LONDON, UK–White Clarke Group has launched a new version of the CALMS Customer Direct module, developed to support finance companies in the process of digitalizing their online finance services. The module simplifies and automates the end-to-end finance application journey, from initial finance calculations and data capture, identity verification and credit …

OTTAWA, ON–Evolving technology and payments innovation continues to transform the way Canadian consumers and businesses make payments, according to new data from Payments Canada’s just-released annual Canadian Payments: Methods and Trends report. In pursuit of more convenient, faster and secure payment experiences, Canadians continue to adopt new and evolving digital …

VANCOUVER, BC–Mogo will be acquiring Carta Worldwide in an all-stock transaction that promises to accelerate Mogo’s transformation from a company that has been focused on consumer-empowering applications to a broader digital wallet and business-to-business (B2B) payments technology enterprise. The combination will create one of Canada’s largest vertically integrated FinTech companies …

HAMPSHIRE, UK–A new study from Juniper Research has found that transaction values for physical goods sales online will grow from USD3.3 trillion in 2020 to USD4.4 trillion by 2025, with this 33 percent growth hastened by the COVID-19 pandemic. The pandemic has fundamentally altered customer behaviours towards eCommerce, with these …

PURCHASE, NY–Mastercard continues to deliver on its multi-rail payments strategy with the addition of account-to-account (A2A) payments functionality to its business-to-business (B2B) Mastercard Track Business Payment Service. This launch represents the next phase in Mastercard’s journey to modernize business payments by solving persistent pain points that buyers and suppliers experience …