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Singapore fintech Stacs joins Mastercard’s Start Path Blockchain Programme 8 hours ago
Source: Stacs Singapore headquartered FinTech firm Hashstacs Pte Ltd (‘STACS’), focused on capital markets and Environmental, Social, and Governance (‘ESG’) fintech, today announces it is joining Mastercard’s new global startup engagement program Start Path. The programme is dedicated to supporting fast-growing blockchain and digital assets companies, with STACS being one of only two companies representing Singapore in the inaugural batch, and one of seven globally. Amongst the seven companies selected, STACS spearheads ESG fintech by enabling enhanced ESG finance and high quality carbon credits. Together with Mastercard, STACS will seek to expand and accelerate innovation around digital as
Softeller : l opérateur financier digital cameroon-tribune.cm - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cameroon-tribune.cm Daily Mail and Mail on Sunday newspapers.
‘Hack to the Future’ is Finastra’s second annual global hackathon. This year’s virtual event saw over 4,500 registrations from 100+ countries around the world. Over 230 ideas, POCs, and apps were submitted from a range of different companies and educational institutions around the themes of reducing systemic inequality, hacking through COVID-19, and embracing technology-enabled change.
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Faith and Yonah’s project was selected based on three criteria: a submission’s ability to solve a real and pressing need, its feasibility and use of technology, and its commercial potential. In addition to winning the ‘Best in MEA’ prize, Banking4U was also recognized as a finalist in the ‘Best Fintech’ category.
Lending , Banking , FinTech StartUps 03:31 pm
SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project,
Banking4U, designed to provide quick and easy access to bank loans.
Created by SG NewTech employees, Faith Kangichu and Yonah Ochieng, the winning Banking4U App uses customers’ mobile money transaction data to determine loan eligibility. The App rates and scores potential loan applicants using simple, easy to use scoring models to determine the amount they can qualify for borrowing. If the system certifies the customer s eligibility for a loan, he/she is provided with fast and easy access to financial services without requiring a bank account.
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CUSO supported clients and employees through a challenging year, successfully executed virtual core conversions, recognized for strong culture
Member Driven Technologies (MDT), a CUSO that hosts the Episys
® core platform from Symitar
® to provide a private cloud alternative for core processing and IT needs, today shared highlights from its unique 17
th year in business.
2020 marked significant growth and success for MDT, both with clients and internally. The CUSO signed three new credit unions, successfully onboarded six and secured 10 client contract renewals (with an average renewal term of six years). Out of the six conversions completed last year, four were virtual. MDT quickly shifted its strategy to accommodate pandemic-related restrictions, prioritizing frequent check ins and video chats to ensure these projects were executed efficiently and effectively. All four virtual conversions were a success and even completed within the original timelines.