Top 10 coronavirus initiatives by fintechs
Many fintechs have used this pandemic as an opportunity to show their mettle.
Many fintechs have used this pandemic as an opportunity to show their mettle.
A brief overview of how governments and financial regulators have reacted to coronavirus.
A simple and quick way for consumers to be able to verify the authenticity of ID documents.
This is critical to the continued success of your business in these unprecedented times.
The US government plans to distribute stimulus checks from 13 April.
“This funding will assist households and employers of all sizes,” says the Fed.
The package is one of the most fintech-specific aid offerings seen so far.
Analysts say cheaper loans will help the broader Chinese economy weather the current slowdown.
“I would probably be in favour of extending [the ban],” says chairman of the AMF.
Trade unions have criticised RBS’ choice to lay off workers amid the crisis.
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
Visa will split the money between NGOs and investment partners.
The ‘Connected Card’ gives someone else the ability to spend on their behalf.
How do we ensure we are in a better place to serve, deliver, survive in the next Black Swan event?
All things equal: Closing the gender gap in fintech.
“This is a really substantial additional signal of support by the government,” says co-CEO.
The US bank is hiring across retail banking, mortgages, and operations.
Coronavirus could “wipe out a generation of start-ups”, says one fintech founder.
The firm wants to cut down loan decisioning times amid coronavirus urgency.
Banks will be “very hungry to get their money back,” says CEO.
Peter King will be Westpac’s CEO for at least the next two years.
The pandemic has given fintechs a time to shine.
Business finance firm says the bank has abandoned finance plans “when they are most needed”.
Monzo and Moven’s CEOs have both taken a 100% pay cut.
Find out Nick Kerigan’s take on the impact of COVID-19 and his banned buzzword.
The fintech wants to reach two million people in its first eight weeks of launch.
He highlights the positive impact of the current situation and how our past was not necessarily better.
This will not be a short-term event so businesses must prepare for the long haul.
Merchants will be able to find “assistance packages” through the platform.
Better is possible. Better is needed. Better is now both a business decision and a moral imperative.
The ECB will act against banks which don’t comply.
Senior management and the board will also take a 25% pay cut.
Nymbus says it has digitised the entire Paycheck Protection Programme (PPP) loan process.
Banks & building societies have previously been shaking up their overdraft charging structures.
Organisations “involved in helping students, patients and vulnerable populations” can apply.
Traders have found themselves operating in a new world.
“Because of the extraordinary impact of the COVID-19 pandemic,” says Noel Quinn.
The loss is equivalent to almost 10% of the bank’s annual profits.
FinTech Futures’ weekly news round-up.
We collated a round-up of these notices to assist our readers on COVID-19 updates.