June 30, 2020 @ 4:01 pm By Samantha Hurst  |  

The Board of the Bank for International Settlements (BIS) announced on Tuesday plans to expand the BIS Innovation Hub with the establishment of new Hub centers across Europe and in North America in cooperation with member central banks. BIS revealed that within the next two… Read More

June 30, 2020 @ 3:53 pm By Samantha Hurst  |  

Vivaticket, an international operator in the creation, production, marketing, and management of integrated electronic ticketing and access control systems, announced on Tuesday it has formed a global partnership with Skrill, a digital payments leader which is part of Paysafe, a specialized payments platform. The partnership… Read More

June 30, 2020 @ 2:59 pm By Samantha Hurst  |  

Financial services company for tokenization of assets LCX and real-time data analysis company LunarCRUSH announced on Monday they have signed a memorandum of understanding to form a long term partnership to provide advanced crypto market insights for security tokens and compliant digital assets According to… Read More

June 30, 2020 @ 2:05 pm By Samantha Hurst  |  

Singapore-based blockchain developer Pundi X announced on Tuesday its blockchain-based point-of-sale device, the XPOS, is now capable of supporting  PayPal (NASDAQ:PYPL). According to Pundi X, the XPOS has been providing scores of brick-and-mortar stores with an alternative payment method to cash by allowing them to… Read More

June 30, 2020 @ 11:21 am By Samantha Hurst  |  

Online banking and payments company i2c announced on Tuesday it is now assisting clients of Wirecard or any other insolvent bank. As previously reported, Wirecard filed for bankruptcy last week following the announcement the German fintech had misplaced €1.9 billion. The aftershocks of the announcement… Read More

June 30, 2020 @ 10:19 am By Samantha Hurst  |  

Global payments platform PayPal (NASDAQ:PYPL) recently announced it has rolled out QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. PayPal reported that the new functionality allows customers to buy or sell in-person, safely, and securely… Read More

June 30, 2020 @ 8:08 am By Samantha Hurst  |  

  Payments platform Stripe announced on Tuesday it is launching a series of products to help platforms and their business customers adapt as the economy reboots during the COVID-19 pandemic. Stripe reported that platforms it powers now have access to an enhanced toolkit, which will… Read More

June 30, 2020 @ 7:30 am By Samantha Hurst  |  

Germany-based banking as a service platform solarisBank announced on Tuesday it secured €60 million through series C investment round, which was led by HV Holtzbrinck Ventures with participation from Vulcan Capital, Samsung Catalyst Fund and Storm Ventures.  Founded in 2016, solarisBank claims to be the… Read More

June 29, 2020 @ 3:54 pm By Samantha Hurst  |  

Mass Financial, a UK-based core banking system platform, is now seeking £300,000 through its recently launched equity crowdfunding campaign on Crowdcube. The funding round has attracted nearly 200 Crowdcube investors so far, with Mass Financial offering 4.76% in equity at an £8 million pre-money valuation. … Read More

June 29, 2020 @ 2:26 pm By Samantha Hurst  |  

  Insurtech startup Hippo Insurance recently announced it has expanded its claims partnerships with Handdii and Westhill. Hippo claimed that the partnerships will allow it to match claimants with top tier contractors to deliver the comfort and satisfaction of high-quality work, real-time updates and a… Read More

June 29, 2020 @ 2:06 pm By Samantha Hurst  |  

Future You Cambridge, a UK-based D2C health supplements company, has successfully secured its initial £550,000 equity crowdfunding target on Seedrs. The funding round has attracted nearly 70 Seedrs investors. The company is now offering 6.35% in equity at a £8,108,776 pre-money valuation. Founded in 2012,… Read More

June 29, 2020 @ 1:51 pm By Samantha Hurst  |  

Public blockchain network Telos announced on Monday it has teamed up with hackathon management platform TAIKAI to replay transparent hackathon voting and token incentives on the blockchain. According to Telos, the Telos network will provide TAIKAI a blockchain-based voting mechanism that enables competition evaluation to be… Read More

June 29, 2020 @ 12:54 pm By Samantha Hurst  |  

CoinFLEX, a physically delivered crypto futures exchange, announced on Monday the launch of its centrally traded repo market powered by deliverable perpetual futures. CoinFLEX claims it is the first exchange to develop and offer deliverable perpetual futures. According to CoinFLEX, the CoinFLEX Repo Market aims… Read More

June 29, 2020 @ 12:49 pm By Samantha Hurst  |  

Banking group Barclays US announced on Monday plans to create more than 300 new customer service jobs in its Wilmington, Delaware headquarters. According to Barclays US, The  Council on Development Finance (CDF) approved Barclays for Delaware Strategic Fund monies totaling nearly $2.5 million, including a… Read More

June 29, 2020 @ 11:53 am By Samantha Hurst  |  

VoPay, a Canada-based payments platform, announced on Monday it has formed a partnership with real-time bank certification service Inverite to deliver its open banking payment solution to more than 285 Canadian financial institutions. VoPay reported that through the partnership, businesses may now offer more consumers… Read More

June 29, 2020 @ 10:16 am By Samantha Hurst  |  

Thought Machine, a company that builds cloud-native tech for banks, announced on Monday its core banking platform Vault now runs on every major cloud infrastructure provider including Google Cloud Platform, Amazon Web Services, Microsoft Azure, and IBM Cloud. Founded in 2014, Thought Machine is the… Read More

June 29, 2020 @ 8:13 am By Samantha Hurst  |  

U.S.-based mobile cryptocurrency wallet BRD recently announced it has formed a partnership with enterprise-grade distributed public ledger platform Hedera Hashgraph. BRD reported that through the partnership Hedera’s native cryptocurrency, HBAR, is now available in the BRD consumer wallet. BRD is now supporting Hedera’s ongoing mission… Read More

June 28, 2020 @ 11:30 pm By Samantha Hurst  |  

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) reported it has put into operation its recently acquired 1,090 Bitmain Antminer T17+ 58 Terahash per second (TH/s) SHA 256 mining machines at its green energy-powered bitcoin mining operation in Quebec. “Combined with the recently installed 750 Bitmain Antminer S17+… Read More

June 28, 2020 @ 10:57 pm By Samantha Hurst  |  

Insurtech NY, an insurtech community that is located in the New York metro area, recently announced plans to launch its NYC insurtech accelerator program. According to Insurtech NY, the program will take place in October 2020 and will start taking applications from growth-stage startups that… Read More

June 28, 2020 @ 10:50 pm By Samantha Hurst  |  

LeaseLock, an insurtech that provides totally eliminates security deposits, surety bonds and guarantors in rental housing, recently announced it has insured leases totaling more than $300 million in value. As previously reported, LeaseLock’s Zero Deposit allows renters to pay a lower monthly fee starting at… Read More