Alsis Funds

Financial Management

Financial Data Exchange | December 08, 2020

The Financial Data Exchange (FDX) declared its Fall discharge today which incorporates a bunch of specialized norms and updates to the current determination that have now been dispatched into the financial services marketplace, in this manner establishing FDX's situation as one of the most complete Open Finance data models on the planet today. "FDX's Fall release is another milestone and proof point of how FDX continues to deliver on its promise to unify the financial...

Financial Management, Fintech

Galileo Financial Technologies and Atomic | December 14, 2022

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Galileo Direct Deposit Switch. Powered by Atomic, the infrastructure provider for connecting with payroll accounts, Galileo’s Direct Deposit Switch functionality gives the company’s fintech clients an opportunity to better serve consumers by offering faster access to their wages and a more streamlined approach ...

Investing.com | April 24, 2020

Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic. In a blog posting on the Bank's website, officials said the preliminary baseline scenario forecast a "grim" 2% drop in economic output in developing countries, the first contraction in these economies since 1960 and a sharp swing from average growth of 4.6% over the las...

Fintech

ForwardAI | April 23, 2021

The lending procedures that financial institutions use to qualify SMB borrowers are way out of date while rising fraud cases and costs disproportionately impact smaller banks, credit unions, and digital lenders. ForwardAI, a lender-first fintech platform, launched ForwardAI Precise today, an API that provides the most comprehensive suite of cash flow, accounting, and financial data for small business loans available today. ForwardAI Precise gives lenders real-time access to more than 160 points ...