August 12, 2020 @ 8:20 am By Samantha Hurst  |  

  Global blockchain payments provider BitPay announced on Tuesday it has expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments. BitPay claims that the upgrade makes it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and… Read More

August 12, 2020 @ 12:19 am By Omar Faridi  |  

Bank Indonesia (BI), the nation’s central bank, introduced the seventh Indonesia Sharia Economic Festival (ISEF) this past Friday. The event took place virtually or online, which was notably the first of its kind in the country. Established in 2014, ISEF is an international event that… Read More

August 12, 2020 @ 12:14 am By Omar Faridi  |  

Netcore Solutions, a marketing automation and personalization platform, revealed on August 11, 2020 that it has chosen Asian Fintech firm GoBear to power its multi-channel marketing automation and engagement campaigns. GoBear will help Netcore with ensuring customer retention, according to a release. Established in 2014,… Read More

August 11, 2020 @ 8:50 pm By Omar Faridi  |  

NetCents Technology Inc (CSE:NC) (FSE:26N) has reportedly joined Visa’s Fintech Fast Track Program in order to enhance its payments platform. NetCents is a digital currency payments technology firm that will now be offering a Visa payment card to customers in the US and Canada. Like… Read More

August 11, 2020 @ 8:28 pm By Omar Faridi  |  

Blockchain infrastructure developer, Bison Trails, revealed on August 11, 2020, that it has added support for the Flow blockchain. As explained in a release shared with CI, Bison Trails’ support of Flow will let users access its multi-role architecture. All five Flow node types will… Read More

August 11, 2020 @ 8:10 pm By Omar Faridi  |  

Charles Hoskinson, an Ethereum co-founder and now better known for being the founder of Cardano (ADA), a platform for building decentralized applications (dApps), recently came forward to offer help to the Ethereum Classic (ETC) community members. However, Hoskinson had certain conditions that he wanted the… Read More

August 11, 2020 @ 8:05 pm By Omar Faridi  |  

The Omnipresent Group, which focuses on offering assistance to remote workers, has secured $2 million in seed funding. The company claims that it acquired the funds “within six weeks” of the COVID-19 outbreak, so that it can offer a viable solution to support what it… Read More

August 11, 2020 @ 2:52 pm By Samantha Hurst  |  

BitTorrent, Inc., a peer-to-peer protocols and products firm, announced on Tuesday it surpassed two billion installations of its torrent client software on Windows, Mac, and Androids. Founded in 2004, BitTorrent claims to be one of the world’s leading peer-based technology companies. The company states it… Read More

August 11, 2020 @ 2:37 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Monday it has appointed Manish Gupta as its new Executive Vice President of Engineering. Coinbase reported that Gupta joins its team from Lyft, where he served as Vice President of Engineering for the past two years. He previously was employed… Read More

August 11, 2020 @ 2:24 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday the launch of its mobile app, which enables consumers to create wills and trusts conveniently on their phones. Consumers may also shop for life and home insurance from the app, creating a mobile one-stop-shop for key… Read More

August 11, 2020 @ 1:23 pm By Samantha Hurst  |  

U.S. fintech Vesta announced on Tuesday it has integrated with Plaid to launch Guaranteed ACH, which is a payment solution that enables online automated clearing house (ACH) payments, as well s reduces fraud and fees incurred from non-sufficient funds. Vesta reported that by using Guaranteed… Read More

August 11, 2020 @ 12:04 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it is introducing Google Pay for in-store purchases in the US. Klarna reported that Sephora, Journeys, and rue21 are among the first Klarna merchant partners to offer Google Pay, in addition to Apple Pay, for in-store purchases. The option… Read More

August 11, 2020 @ 11:19 am By JD Alois  |  

Revolut, a leading UK based digital bank, filed its annual report yesterday indicating that for the fiscal year 2019 revenue jumped alongside a growing annual loss. According to the Fintech, in 2019, revenue nearly tripled to £162.7 million vs. £58.2 million in 2018. The operating… Read More

August 11, 2020 @ 10:44 am By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday its latest Small Business Lending Index has been released and revealed that the approval percentage for small business loan applications at big banks, which are more than $10 billion in assets increased three-tenths of a percent from… Read More

August 11, 2020 @ 10:39 am By JD Alois  |  

Longtime Securities and Exchange Commission (SEC) staffer Sebastian Gomez Abero has been named Deputy Director of the SEC’s Office of the Advocate for Small Business Capital Formation (OASB). Gomez Abero has been serving as Senior Advisor to SEC Chairman Jay Clayton. The OASB was created… Read More

August 11, 2020 @ 10:29 am By JD Alois  |  

UK-based property finance platform LendInvest has updated its Buy-to-Let product. The Fintech has boosted its maximum loan size for MUFB properties up to £1 million for 70% LTV, £1.5 million up to 65% LTV and will now accept up to £3 million up to 60% LTV,… Read More

August 11, 2020 @ 10:15 am By JD Alois  |  

Incomlend, an online invoice trading platform facilitating trade finance, has raised a substantial $20 million in a Series A funding round led by Sequoia India, according to a note from the firm. Global shipping and logistics firm CMA CGM Group also participated in the round… Read More

August 11, 2020 @ 9:42 am By Omar Faridi  |  

Facebook Inc. (NASDAQ:FB), which currently has a market cap of around $750 billion, employs over 52,000 workers, and generated over $70 billion in revenue last year, has introduced a new group to focus on payments and digital commerce opportunities. David Marcus, the co-creator of the… Read More

August 11, 2020 @ 9:36 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday it has formed a partnership with PayMyTuition, a provider of technology-driven global payment processing solutions for international tuition payments. The collaboration will notably expand PayMyTuition’s ability to accept payments through bank transfers from… Read More

August 11, 2020 @ 8:12 am By Samantha Hurst  |  

UK-based banking group and lender Metro Bank announced on Monday it has launched AI-powered receipt management technology for business customers through its mobile app. According to Metro, the technology enables businesses to capture, store and link their receipts to transactions in their mobile business app…. Read More