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SORAMITSU wins FinTech & RegTech award for pioneering payment system

  Instant digital payments are becoming a global norm. What does this mean for  emerging economies? How can central banks harness the benefits of digital  payment systems, while circumnavigating monopolies and mitigating risks?   These are the questions that drove the National Bank of Cambodia (NBC) to begin  research into central bank digital currencies (CBDCs). In 2016, NBC founded a  working group to delve into the CBDC...

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Leading nonbank lender, Fountainhead, partners with Womply to aid in funding for underserved sector of small businesses

  Fountainhead, a nationwide nonbank lender for small-to-midsized businesses today announces a partnership with Womply, a data intelligence and commerce platform, to streamline Paycheck Protection Program (PPP) loans for underserved microbusinesses. Fountainhead and Womply are collaborating to support overlooked small businesses by getting approved borrowers’ faster access to the $35 billion of first draw PPP loans set aside by...