December 3, 2021 @ 6:28 pm By Tony Zerucha  |  

Ritholtz Wealth Management and WisdomTree today announced the launch of the RWM WisdomTree Crypto Index designed to provide retail investors, via a financial advisor, access and diversified exposure to cryptoassets. The index has been licensed to Onramp Invest and is available for financial advisors using… Read More

December 3, 2021 @ 4:54 pm By Tony Zerucha  |  

Umbrella Network, a decentralized Layer-2 oracle solution, today announced its launch on Avalanche, providing the ecosystem access to high-scale and low-cost oracles. Avalanche is designed as a highly scalable ecosystem, with the aim of delivering near-instant transaction finality while levying low transaction fees. It has… Read More

December 3, 2021 @ 4:17 pm By Omar Faridi  |  

Xero, the international small business platform, has announced that H&R Block chose Xero as its preferred Cloud accounting solution provider for assisted bookkeeping. A Xero partner since 2014, with a base of millions of small business clients, H&R Block will “use the Xero platform as… Read More

December 3, 2021 @ 4:14 pm By Omar Faridi  |  

Transaction Network Services (TNS), a key service provider supporting capital markets client and counterpart connectivity and reportedly the first to market with a Layer 1 network solution, has invested considerably in its backbone to offer high-performance international connectivity for customers “tapping the plethora of opportunities… Read More

December 3, 2021 @ 3:45 pm By JD Alois  |  

As was reported earlier this week, the Consumer Financial Protection Bureau (CFPB) has published a report on overdraft fees. These usurious fees generate billions on revenue for traditional banks. Almost like a drug addict, old banks struggle to eliminate these fees that end up harming… Read More

December 3, 2021 @ 3:12 pm By Tony Zerucha  |  

Facebook – Meta (NASDAQ:FB) announced today it will begin testing Split Payments on Messenger next week. They tout it as a method to improve the ability to split bills like dinners or rent. To begin, users should click “Get Started” in a group chat or… Read More

December 3, 2021 @ 3:09 pm By Omar Faridi  |  

Dwolla, a Fintech offering advanced account-to-account payment solutions for businesses, has announced a partnership with Infinicept to offer software firms with “the maximum flexibility and benefit in payment processing.” Brady Harris, CEO of Dwolla, stated: “The goal of any fintech partnership is to create a… Read More

December 3, 2021 @ 2:26 pm By Omar Faridi  |  

DAI confirms that it has acquired MicroVest Capital Management, one of the major lenders to “responsible” finance institutions—an acquisition that will “expand the capabilities of DAI’s investment management arm, DAI Capital.” Established in 2003, MicroVest is a registered investment adviser that “allocates private investments to… Read More

December 3, 2021 @ 2:08 pm By Tony Zerucha  |  

The State of Ohio this week passed five bills into law, including the Business Fairness Act, and one authorizing the state to use blockchain and distributed ledger technology. Governor Mike DeWine signed the bills into law including House Bill 177, sponsored by Representatives Rick Carfagna… Read More

December 3, 2021 @ 11:51 am By Omar Faridi  |  

Zest AI, a key provider of software for AI-driven lending, has announced that Blue Federal Credit Union has selected Zest in order to help it deliver faster and more accurate loan decisions “across the credit union’s auto, credit card, and personal loan portfolios.” As mentioned… Read More

December 3, 2021 @ 11:38 am By Omar Faridi  |  

Mexico’s online lending platform and Buy Now, Pay Later or BNPL service provider Kueski has secured $202 million in capital via a debt and equity round that has been led by StepStone Group. Kueski claims to be the largest online consumer lender in Mexico. It… Read More

December 3, 2021 @ 11:09 am By JD Alois  |  

Tinkoff has been named Bank of the Year in Russia at the Bank of the Year Awards 2021, according to a statement distributed by the bank. The  recognition was delivered by The Banker, a publication that is part of the Financial Times Group. Tinkoff says… Read More

December 3, 2021 @ 11:00 am By JD Alois  |  

Moody’s, the global research and securities rating firm, has acquired or agreed to acquire two separate Regtechs. According to Moody’s it has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany). These two firms are both European providers of KYC, AML,… Read More

December 3, 2021 @ 10:49 am By Omar Faridi  |  

The Demex Group, the tech firm behind a platform for analyzing, pricing, and transferring climate-linked risks at scale, has announced that it has secured $9 million in a Series A round led by financial services and technology investors, Anthemis Group, Blue Bear Capital, and QBE… Read More

December 3, 2021 @ 7:57 am By Omar Faridi  |  

JUMP Technology claims that it provides one of the most advanced connectors to the SIX data feed in the world on its software platform, which enables users to “automatically plug in and collect the wide variety of financial data provided by SIX (securities characteristics, daily… Read More

December 3, 2021 @ 7:55 am By Omar Faridi  |  

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

December 3, 2021 @ 7:52 am By Omar Faridi  |  

SlowMist, which focuses on Blockchain Ecosystem Security and have served more than 1,000 customers, notes that on November 30, 2021, their team at SlowMist was “notified of an attack on the Defi protocol MonoX.” More than $18 million in WETH and $10.5 million in MATIC… Read More

December 2, 2021 @ 10:47 pm By Omar Faridi  |  

BNP Paribas Asset Management (BNPP AM) has reportedly announced several appointments within its Sustainability Centre in order to accelerate and strengthen its sustainable investment offering. As mentioned in an update shared with CI: “At the core of BNPP AM’s approach to sustainability, the Sustainability Centre… Read More

December 2, 2021 @ 10:39 pm By Omar Faridi  |  

Goalsetter, a Fintech platform dedicated to offering families and K-12 youth with access to banking, savings, investing, and financial education tools, has announced the closing of a $15 million Series A round that was led by Seae Ventures. Seae Ventures has reportedly been joined by… Read More

December 2, 2021 @ 9:37 pm By Omar Faridi  |  

Digital banking provider Bankjoy has announced the launch of its business banking platform, empowering its customers with the best tools to “help attract and drive loyalty among small businesses within their communities.” Recently surpassing 1 million members with access to its platform, Bankjoy’s virtual banking… Read More