March 19, 2019 @ 2:57 pm By Samantha Hurst  |  

Global technology distributor Avnet (NYSE: AVT) announced on Tuesday it has BitPay to now accept cryptocurrency on its platform. Avnet reported that when a customer elects to make a purchase with Bitcoin (BTC) or Bitcoin Cash (BCH), it will work with BitPay to verify the funds,… Read More

March 19, 2019 @ 12:45 pm By JD Alois  |  

seriesOne Inc., a globally focused digital security issuance platform, is partnering with Polymath. The company says the goal is to simplify the complex challenges of creating and managing security tokens (blockchain-based digital securities). The new partnership seeks to enable the ability to issue security tokens… Read More

March 19, 2019 @ 12:28 pm By Samantha Hurst  |  

Blockchain software firm BitGo announced on Tuesday it is now supporting the BCAP ERC-20 token from Blockchain Capital. BitGo reported that in addition to multi-signature wallet security, its clients may custody their BCAP assets with BitGo Trust Company, which is a qualified custodian that provides… Read More

March 19, 2019 @ 10:52 am By Samantha Hurst  |  

Progressa, a Vancouver-based fintech company that is focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it has surpassed the $100 million milestone in funded loans for underserved Canadian consumers. The company reported since 2013, Progressa has helped… Read More

March 19, 2019 @ 10:41 am By Samantha Hurst  |  

Fintech Europe, Plug and Play’s fintech-focused innovation platform based out of Frankfurt, Germany, announced on Tuesday it has selected nine startups for its third batch. The platform, which is in partnership with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, Aareal Bank, DZ Bank, and Danske Bank,… Read More

March 19, 2019 @ 9:39 am By Samantha Hurst  |  

KoreConX announced on Tuesday that Randee Pavalow, a member of the KoreConX advisory board, was appointed to be a member of the Ontario Securities Commission (OSC) Fintech Advisory Committee. According to KoreConX, the OSC administers and enforces compliance for the securities industry in Ontario and is… Read More

March 19, 2019 @ 9:02 am By Cali Haan  |  

Citibank’s new innovation lab chief, Gulru Atak,  has told Coindesk this week that the bank will no longer be working to develop a cryptocurrency for cross-border payments. Citibank’s investigation into the possible creation of a “Citicoin” cryptocurrency reportedly began at the company’s Dublin innovation lab… Read More

March 19, 2019 @ 8:35 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, announced on Tuesday it has launched a new module on it accounts receivable platform, ARC, that offers enhanced cash application and bank reconciliation capabilities powered Cashbook. According to VersaPay, ARC provides… Read More

March 19, 2019 @ 7:52 am By JD Alois  |  

Western Union (NYSE:WU), an old tech cross-border payment company has teamed up with Thunes (TransferTo Mobile Financial Services Ltd) to enable Western Union customers to send funds directly into mobile wallets around the world. Thunes connects diverse payment systems so unbanked or underbanked users gain access… Read More

March 19, 2019 @ 7:28 am By JD Alois  |  

Investment crowdfunding platform FundedByMe has added Stripe to its platform to more easily facilitate smaller transactions. The recently listed company said in a release: This to solve the complexity of the numerous smaller transactions in equity crowdfunding. During 2018 the smallest investment on the platform… Read More

March 19, 2019 @ 6:03 am By Erin Hobey  |  

Finally, it’s vacation! There’s nothing worse that enjoying a beautiful drive and when, all of a sudden, you see bright, blicking lights in your rear view mirror.  Or when you’re already lost, going around the town square for the tenth time and you see those… Read More

March 19, 2019 @ 5:27 am By Erin Hobey  |  

Yesterday IBM (NYSE: IBM)  introduced Blockchain World Wire, a real-time global payments network for regulated financial institutions accessible to more than 50 countries. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, Blockchain World Wire claimants to be the first blockchain network… Read More

March 18, 2019 @ 11:13 pm By Cali Haan  |  

A judge presiding over a district court in Tel Aviv has ruled that a branch of Union Bank in the Herzliya industrial district acted unreasonably when it closed accounts belonging to IsraMiner, a division of the Ukrainian cryptomining company Yashraminer, Calcalist reports. Judge Limor Bibi,… Read More

March 18, 2019 @ 10:50 pm By JD Alois  |  

InstaReM, a payments platform operating in over 50 countries, has closed on a USD $ 41 million Series C funding round led by Vertex Growth Fund, their first investment in Southeast Asia. James Lee, MD of Vertex Growth Fund, will be joining the Board of… Read More

March 18, 2019 @ 10:32 pm By Cali Haan  |  

Thirteen (13) cryptocurrency companies have been issued 43 code vulnerability reports from “vulnerability disclosure platform” Hacker One, all in the past 30 days, Hard Fork reports. The bugs were found by white hat hackers pursuing rewards from “bug bounty hunter” programs. All told, the hackers… Read More

March 18, 2019 @ 5:43 pm By Cali Haan  |  

The Chicago Board of Options Exchange (Cboe) has announced that it will not be adding new Bitcoin futures contracts this month or next. According to a release from the Chicago Futures Exchange (CFE), a division of the Cboe: “CFE is assessing its approach with respect… Read More

March 18, 2019 @ 3:38 pm By Samantha Hurst  |  

CoinNess, an Asian cryptocurrency and blockchain information provider, announced on Monday it closed its Series A round funding calculated in millions of dollars, led by Chinese leading venture capital ShunWei Capital, QF Capital, and FreesFund. Speaking about the investment, Peter TAN, CEO of CoinNess, stated:… Read More

March 18, 2019 @ 2:41 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced on Monday IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible to more than 50 countries.  According to IBM, World Wire was designed to optimize and accelerate foreign exchange, cross border payments and remittances… Read More

March 18, 2019 @ 2:24 pm By JD Alois  |  

Verseon (AIM: VERS), a California based clinical stage pharma company, is issuing preferred shares. The company is using its own blockchain based subsidiary BlockRules to sell the securities in a security token offering (STO) that seeks to be “one of the first global offerings backed… Read More