Cloud-based software solutions provider MeridianLink acquired digital lending technology provider StreetShares. MeridianLink will leverage StreetShares’ Atlas Platform, an embeddable digital lending environment for banks. Terms of the deal were not disclosed. Cloud-based software solutions firm MeridanLink acquired small business lending technology provider StreetShares this week. Terms of the deal were not disclosed. StreetShares was founded Read more...

The post MeridianLink Acquires Small Business Lending Startup StreetShares appeared first on Finovate.

CarNow, the automotive industry's leading digital retailing company, today announced a partnership with Cion Digital providing customers a way to purchase and finance vehicles using cryptocurrency via an integration with CarNow's Real-Time Retail™ platform.

Cion Digital's ready-to-deploy modular payments and lending platform provides companies with access to all the connectivity, infrastructure and support needed to rapidly deploy blockchain-based real-time payment and lending solutions, and to incorporate digital assets into existing traditional and legacy payment and financing systems.

This capability will be made available to CarNow's entire network of nearly 5,000 dealers and will include a first-of-a-kind crypto lending marketplace that will let car buyers use their crypto as collateral for loans at highly competitive rates.

Commenting on the partnership, Tim Cox, Co-founder and Chief Evangelist of CarNow said, "This partnership further demonstrates our commitment to providing our dealers and their clients with the most inclusive, dealer-friendly payment options. Now our dealers can better connect with a new kind of buyer who is looking to leverage next generation cryptocurrency payment options and create a more frictionless car buying journey. We're thrilled to be embarking on this alliance together as we look to transform the car-buying experience.”

Cion's Auto Dealership Cryptocurrency integration gives car buyers shopping at a dealership using CarNow flexible payment and lending options. Car buyers can choose to place a deposit on a vehicle with cryptocurrency, make a down payment, or pay for the vehicle in full. The platform allows for full payment in cryptocurrency, as well as options to combine both crypto and fiat currencies in the same transaction. Car buyers can also use cryptocurrency as collateral to qualify for a low-interest loan with one of several lenders in Cion Digital's lending marketplace - almost always at significantly better rates than traditional financing. Once a car buyer chooses how they want to pay, the order is ported from the CarNow platform to Cion Digital. The integration enables buyers to progress through identity verification (KYC) quickly and seamlessly and proceed to payment. 

Transactions are confirmed on the blockchain and transferred in compliance with AML and KYC regulations directly to the custodian in either crypto or fiat (as requested by the dealer) in just a few seconds. Dealers can then choose when they want to transfer settled funds via ACH into their bank account.

“Cion is excited to officially partner with CarNow to offer their dealer partners the ability for buyers to pay for vehicles in cryptocurrency or to use their cryptocurrency as collateral for what is often a lower cost loan,” said Fred Brothers, President and Co-founder of Cion Digital. “With more than half of Millennials now owning crypto, CarNow is increasing dealer capabilities for this fast-growing market of buyers who want more financing and purchasing options at the dealership.”

At rollout, buyers can select from the top 20 coins including Bitcoin, Ethereum, Cardano, Tether, Litecoin, USDC, Polkadot and Dash. Future platform enhancements will include the ability to split the purchase price among multiple coins. 

Dealers interested in learning more about this partnership can visit CarNow at Booth #1771W at NADA 2022 for a demo or visit https://www.ciondigital.com/auto.

About CarNow

CarNow is a market leader in digital retailing solutions for the automotive industry. CarNow creates frictionless, real-time enterprise software solutions to facilitate the transaction between dealers and consumers. Through our solutions, shoppers receive enhanced virtual showroom services, live support at anytime, from anywhere, on any device. With over 5,000 dealership customers and over twenty manufacturer certifications, CarNow is one of the fastest growing companies in automotive. CarNow is headquartered in Atlanta, Georgia. Learn more at https://carnow.com

CarNow Media Contact

Lou Laste

678-492-2737

[email protected]

About Cion Digital

Cion Digital's proprietary Blockchain Orchestration Platform allows institutions to build innovative finance solutions quickly, and to seamlessly connect their legacy systems with the complex and ever-changing world of decentralized finance. 

Our Blockchain Orchestration Platform enables auto dealers and other big-ticket retailers to accept cryptocurrency transactions. We've built the ultimate crypto dealership platform to provide car payment and lending solutions unmatched in the industry. For more information visit us athttps://www.ciondigital.com/auto

Connect with us: Twitter | LinkedIn

Cion Digital Contact

Katie Robinson

[email protected]

Zellim, an integrated software solutions company, today announced a partnership with ClearSoftware, a build of decentralized systems, to launch a new decentralized autonomous organization (DAO) platform. The joint efforts will result in decentralized integration of Zellim’s all-in-one productivity platform. Many of Clear’s companies and organizations operate as decentralized autonomous organizations (DAOs) with offices all over […]

The post ClearSoftware teams with Zellim in launch of DAO productivity & communications platform appeared first on CryptoNinjas.

The rapid development of the IT sector has led to positive changes in modern technologies in all areas of business, especially financial services and online banking. One such major change was the emergence of the neobank. Neobank is a bank that operates exclusively on the Internet without any traditional physical banking branches. This made it […]

The post The source code of the banking system allows you to build an outstanding neobank appeared first on SDK.finance - White-Label Digital Core Banking Software.

 Red Hat Fuse based system enhances data accessibility across the network’s spectrum of care services, enabling clinicians to make faster, more accurate diagnoses for better patient outcomes. RALEIGH, N.C.–(BUSINESS WIRE)–Red Hat, Inc., the world’s leading provider of open source solutions, today announced that University Health Network, a Toronto-based healthcare and medical research organization, transformed its […]

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Price, a Top 25 Women Leaders in FinTech nominee, brings 20 years of experience in financial services and technology LEHI, Utah–(BUSINESS WIRE)–Lendio, the nation’s leading small business financial solutions marketplace, has welcomed Trisha Price to its Board of Directors. Price is the current Chief Product Officer at Pendo, a company that provides a SaaS solution […]

The post Lendio Welcomes Trisha Price, CPO of Pendo & Former Chief Product Officer at nCino, To Its Board of Directors appeared first on Fintech News.

DALLAS, TX, Mar 4, 2022 - (ACN Newswire) - Trintech, a leading global provider of integrated financial close automation software solutions for the Office of Finance, today announced the latest release of CadencyDirect which extends digital workflows for the Office of Finance with journal entry automation. This provides key stakeholders across the business with visibility and transparency into historically siloed disciplines to create a more connected organization that opens the door to enterprise-wide digital transformation.

"With this release, we are helping to make work flow more seamlessly for CFOs and their financial teams by helping them achieve enhanced visibility and control of critical financial data in order to handle risk with confidence," said Michael Ross, Chief Product Officer of Trintech. "By supporting a fully configurable end-to-end workflow, CadencyDirect eliminates common challenges found in manual approaches when creating financial data by delivering real-time visibility, control and validation across the financial close process and a better employee experience."

A key capability delivered with this release includes the ability for critical journal entry tasks and issues to trigger notifications and workflows throughout the entire enterprise, regardless of function, within the Now Platform(R). Examples include:

- Topside Journal Visibility: A real-time trigger will generate a workflow task and tracked notifications for specific Disclosure & Reporting team members

- High-Risk Journal Posting Visibility: A real-time trigger will generate a workflow task and tracked notifications for specific senior finance leadership that a high-risk journal has posted

- Internal Audit Journal Entry Rejection Visibility: A real-time trigger will generate a workflow task and tracked notifications for journal rejections while also mapping to controls framework, such as Sarbanes-Oxley, managed within SerivceNow GRC to ensure real-time visibility to compromised controls

CadencyDirect is certified as part of the ServiceNow Built on Now(TM) program that complements and extends financial operations management so that CFOs and their teams can digitize workflows across the financial close process - helping to reduce complexity and risk, accelerating the overall process, and driving a greater experience for the entire enterprise. The platform combines all financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management and compliance and provides a connected, collaborative ecosystem by leveraging a mature and very robust set of financial controls, along with deep automation and integration capabilities that seamlessly connects with leading ERPs such as SAP(R), Oracle(R), and NetSuite(R).

Whether you're an experienced ServiceNow user looking to synchronize your mature or in-progress digital transformation, or just starting your transformation journey, CadencyDirect is where Financial Transformation meets Digital Transformation. For more information, please contact either your appropriate ServiceNow or Trintech representative or go to www.trintech.com/CadencyDirect for more information.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide - including the majority of the Fortune 100 - rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

Media Contact:
Kelli Shoevlin
214-957-5009
[email protected]

SOURCE: Trintech, Inc.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTrintech, a leading global provider of integrated financial close automation software solutions for the Office of Finance, today announced the latest release of CadencyDirect which extends digital workflows for the Office of Finance with journal entry automation.

This article summarizes the skills needed in the AR/VR industry, as well as tips to guide you through your skill-building.

RPE Outsourcing (RPE), a leading provider of cloud hosting, data center operations, systems management and backup and recovery systems, today announced the successful completion of their System and...

(PRWeb February 28, 2022)

Read the full story at https://www.prweb.com/releases/rpe_outsourcing_successfully_completes_soc_1_type_2_examination_for_11th_consecutive_year/prweb18520445.htm

The US-based blockchain specialists will be developing a blockchain consortium for instilling trust and transparency across the digital media supply chain.

(PRWeb February 26, 2022)

Read the full story at https://www.prweb.com/releases/hashcash_to_design_blockchain_consortium_for_global_digital_media_tech_brand/prweb18518444.htm

And yes, there are cats and NFTs.

Combines technology, education and tools to help dealers protect networked security systems.