Omar Faridi

Aurem Announces Licensing by UAE’s Financial Services Regulatory Authority

Aurem, a unified workplace wealth and benefits technology platform, announces its licensing by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), marking a significant milestone in the company’s mission to connect the world for a better financial future. The company is… Read More

CommBank, Telstra Announce Expanded Anti-Scam Tech to Help Protect Elderly Consumers in Australia from Fraudulent Activities

CommBank and Telstra announced their anti-scam technology Scam Indicator has been expanded to cover landlines, to help detect suspicious calls in real-time, helping to avoid money being lost to scammers. The anti-scam technology, which was “conceived and developed in partnership with Quantium Telstra to help… Read More

Regtech: Jumio, an Identity Verification and Compliance Solutions Provider, Now Available via AWS Marketplace

Jumio, a global provider of automated, AI-driven identity verification, risk signals and compliance solutions, announced that it is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy… Read More

Digital Banking Services Provider CaixaBank to Expand Mobile Office Services to Enable Financial Inclusion in 800+ Municipalities

During the first half of the year, CaixaBank expanded its mobile offices services to guarantee the financial inclusion to reach a total of 804 towns, “amounting to a 27% increase compared to the number of towns reached by the financial institution’s mobile offices service in… Read More

Digital Assets May Become New Alternative for Institutional Investors – Research Report

OKX Global Chief Commercial Officer Lennix Lai is pleased to share the release of their new research brief, “Digital assets as the new alternative for institutional investors: market dynamics, opportunities and challenges,” commissioned by OKX Institutional and authored by Economist Impact. This comprehensive study features… Read More

Majority of DACH Finance Professionals Say Outdated Financial Close Processes Result in Employee Turnover – Research Study

FloQast has announced the results of Market Study: The Role of Finance Automation in Reducing Stress and Retaining Talent in the DACH Region, the company’s latest research initiative. The survey explores the status of automation and digitalization “in finance and accounting teams in Germany, Austria,… Read More

US Regulators Grant Digital Bank OakNorth Authorization for Representative Office

OakNorth – the digital bank for entrepreneurs, by entrepreneurs – announces that it has secured authorization from the Federal Reserve and the New York State Department of Financial Services (NYDFS) for a Representative Office in New York. The authorization will enable OakNorth to “proactively market… Read More

Solayer Announces $12 Million Round Led by Polychain and Hack VC

The team behind Solayer is announcing their $12 million round that has been led by Polychain and Hack VC. The team is pleased to confirm in a blog post that Solayer has successfully “raised $12M in their latest funding round, led by Polychain and Hack… Read More

IDEX Biometrics Reaches Key Milestone for IDEX Pay by Passing Visa Certification Using VBSS Biometric Payment App

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes “the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38… Read More

Blockchain and AI focused Firm Space and Time Labs Announces New Funding

Space and Time Labs are pleased to announce that their team has secured a $20M Series A, bringing their total funding to $50 million. SxT claims that they are empowering the community “to own their future in an AI-powered world by providing the tools they… Read More

Dima Kats of Clear Junction Explains Why He Bootstrapped His Fintech Business

Dima Kats, Founder & CEO, Clear Junction, recently shared his views and insights with Crowdfund Insider. In April this year it was reported that Fintech funding dipped to a new four-year low, with only $7.3 billion invested in the sector globally during the first three… Read More

Osprey Funds, Bitwise Asset Management Announce the Bitwise Bitcoin ETF to Acquire Assets of Osprey Bitcoin Trust

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust, the Bitwise Bitcoin ETF and Bitwise Asset Management jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders… Read More

Bank Payments Fintech Firm Introduces GoCardless for Salesforce via its AppExchange

Bank payment company GoCardless has launched GoCardless for Salesforce on Salesforce AppExchange, an enterprise marketplace for partner apps and experts, empowering customers to access the GoCardless payments platform directly within Salesforce. Customers can tap into GoCardless’ full product suite “including Instant Bank Pay, its open… Read More

Digital Assets: Aquanow Partners with Zodia Custody

Aquanow, a global crypto infrastructure provider trusted by 300+ clients, is announcing a strategic partnership with Zodia Custody, an institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank. The partnership will see Zodia Custody “provide its enterprise custody… Read More

Fintech PayJunction Adds Text to Pay Capabilities to No-code Payments Integration, Virtual Terminal, API

PayJunction, a tech-focused payments company, announced it has added Text to Pay capabilities to its No-code Payments Integration, Virtual Terminal, and API. The new feature enables businesses “to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments… Read More

Uptick in UK Money Laundering Cases Reaching Courts Marks Key Step in Combatting Illicit Finance – Report

New figures published today from KPMG UK’s mid-year Fraud Barometer show that money laundering has been the most common fraud type by value in the last six months. Nine cases have been heard in UK Crown Courts collectively “worth £128.2 million so far this year.”… Read More

TIAA Partners with Accenture to Enable Transformation of its Retirement Recordkeeping

TIAA, which claims to be the largest U.S. provider of lifetime income, announced a strategic partnership with Accenture (NYSE: ACN) to accelerate the transformation of TIAA’s retirement recordkeeping capabilities and operations. The agreement capitalizes on the strengths of “both organizations to provide next-generation technologies and… Read More

AvidXchange, a Provider of AP Automation Software and Payment Solutions, Teams Up with Workamajig

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic and exclusive partnership with Workamajig, an agency management software for the creative industry. AvidXchange will be the exclusive, “embedded provider of invoice automation… Read More

Verge Mobile Marks Five Year Partnership with Worktech DailyPay, an Earned Wage Access Provider

Alexander Hamilton Money Dollars USD

Verge Mobile, a T-Mobile partner, marks five years of partnership with DailyPay – a worktech company and provider of earned wage access. Dedicated to providing its employees with the best workplace experience, Verge Mobile had reportedly “implemented DailyPay’s financial wellness benefit in August 2019.” Operating… Read More

Payment Convenience Is Key for New Zealand Consumers But Barriers Like Expensive Fees are Turning Off SMBs – Report

Research by global small business platform Xero has uncovered payment convenience is key for Kiwi consumers, but key barriers such as expensive fees are turning off small businesses from embracing new digital methods. Xero’s latest report ‘I want to pay that way’, delves into the… Read More

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