Tag: Financial

Ingenious Financial Announces Plan to Raise $10 Billion to Provide Technology to Unbanked and Underserved Communities | State

ARLINGTON, Va., April 6, 2021 /PRNewswire/ — Executives at Ingenious Financial today announced plans to raise $10 billion in capital to invest in unbanked and underserved communities.

Darnell Parker, founder of Ingenious Financial, and Derek Taylor, Chief Operating Officer of Ingenious Financial, say the $10 billion will fund the capital disbursement towards the following four initiatives:

  • $4 billion for the financial institution and holding company
  • $5 billion for technology products, smartphones, and broadband service
  • $600 million to lease nationwide training facilities
  • $400 million to hire 500 employees nationwide to train how to use a smartphone and teach financial
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71% of Taiwanese Prefer to Use Digital Channels to Engage with their Bank During Financial Hardship

Appeal of in-person branch banking fading fast post pandemic

TAIPEI, Taiwan, March 22, 2021 /PRNewswire/ —

Preferred banking customer touchpoints across Asia Pacific – December 2020

Highlights:

  • 71 percent of Taiwanese consumers prefer to use digital channels to engage with their bank during financial hardship.

  • 31 percent of Taiwanese prefer to communicate using their mobile banking app; 22 percent preferred to use internet banking.

  • 24 percent of Taiwanese prefer to deal with just one primary bank with a further 40 percent saying that they ‘somewhat agreed’ this was their preference.

A recent survey by global analytics software firm FICO

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1 Reason Smart Investors Are Watching OneConnect Financial Technology

Digital banking is gaining traction throughout the world, and especially in emerging Asia. Across the globe, it’s estimated to be an $8 trillion market that will grow 6% a year for the foreseeable future, according to research firm Global Market Insights. This evolution in banking is one reason smart investors are watching the relatively new (and relatively unknown) Chinese company OneConnect Financial Technology (NYSE:OCFT).

A huge growth market …

OneConnect is a fintech that provides technology-as-a-service platforms for financial institutions, primarily in China. Its solutions help customers in areas like revenue generation, risk management, and sales productivity. The company

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How to build the best financial advisor practice website

With prospective clients increasingly searching online for financial advisors, many practice websites desperately need an overhaul, wealth management marketing experts say.

Boilerplate websites that ease compliance headaches are missing leads generated by pages capable of turning visitors to clients. As large broker-dealers compete for top talent with marketing support for advisors and varying degrees of flexibility about websites, some practices are overpaying or failing to take advantage of basic online growth strategies.

“It’s amazing how many advisors still do not have a website or they don’t take it seriously — and in today’s world, it’s essential,” says Marie Swift of

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Instant Financial Expands Leadership Team with Appointment of Technology, Marketing and Product Management Roles

Chief Technology Officer, VP Marketing, Director of Product join Instant Financial to expand and accelerate the company’s earned wage access products, services

The most requested worker benefit is faster access to earned wages. Our new team members are personally and professionally committed to making living paycheck to paycheck a thing of the past.”

— Alaa Pasha, CEO, Instant Financial

ATLANTA, GA, USA, March 9, 2021 /EINPresswire.com/ — Instant Financial, the leader in earned wage access technology that is free to both employer and employee, has expanded their leadership team with new technology, product, and marketing roles. Joining the

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