July 12, 2018 @ 8:27 am By Samantha Hurst  |  

Citizens Financial Group, Inc. (NYSE: CFG) announced earlier this week the launch of Citizens Access, a nationwide, direct-to-consumer digital bank. According to the banking brand, this new online platform offers compelling deposit products to serve an increasing number of digitally-savvy customers who value the unique benefits… Read More

July 12, 2018 @ 7:41 am By Samantha Hurst  |  

Bambu, a Singapore-based robo-advisory solutions provider, announced this week it secured $3 million through its Series A financing round, which was led by Franklin Templeton Investments.  Founded in 2016 by Ned Phillips and Aki Ranin, Bambu describes itself as a leading global provider of robot-advisory technology… Read More

July 11, 2018 @ 4:00 pm By Samantha Hurst  |  

Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Wednesday it secured $83 million through its Series B funding round, which was led by Redpoint Ventures. According to Next Insurance, the funds from the round will enable the company to continue… Read More

July 11, 2018 @ 3:05 pm By Samantha Hurst  |  

Blockchain software firm BitGo has expanded its suite and custody products and services to support a total of 57 new ethereum assets, according to CoinDesk. The media outlet reported that the addition of the assets was done due to the demand for services that safeguard… Read More

July 11, 2018 @ 2:33 pm By Samantha Hurst  |  

Ripple announced on Wednesday two new appointments to its leadership team. The company reported that David Schwartz, who previously served as Ripple’s chief cryptographer, has been appointed to CTO while Kahina Van Dyke has joined Ripple as Senior Vice President of Business and Corporate Development. According… Read More

July 11, 2018 @ 1:43 pm By Samantha Hurst  |  

TokenPay, a blockchain project that incorporates Bitcoin cryptographic technology with advanced security and privacy features, announced this week it partnered with the Litecoin Foundation to purchase a 9.9% stake in WEG Bank, which is based in Germany. According to TokenPay, the 9.9% stake was transacted… Read More

July 11, 2018 @ 12:15 pm By Samantha Hurst  |  

Frost & Sullivan announced on Wednesday it has signed a Memorandum of Understanding with the Seoul Metropolitan Government (SMG) to support activities such as commercialization, investment promotion, support for the advancement of Korean fintech startups into the global market. According to Frost & Sullivan, the… Read More

July 11, 2018 @ 11:42 am By Samantha Hurst  |  

BBVA has announced the finalists of Open Talent, the world’s biggest fintech competition. As previously reported, BBVA revealed that this year’s competition is looking for “the best and brightest” ideas that will shape the future of financial services, with three prizes available.  “The competition looks for the… Read More

July 11, 2018 @ 11:15 am By Samantha Hurst  |  

On Wednesday, UK-based savings and mortgage provider Nationwide Building Society announced it is challenging the fintech community through its Open Banking For Good initiative to develop Open Banking technology that helps improve the lives of the one in four UK households.  According to Nationwide, Open… Read More

July 11, 2018 @ 8:05 am By Samantha Hurst  |  

Software firm New Frontier Group (NFG) announced last week it has partnered with SaaS banking engine Mambu to extend its digital banking offering. According to NFG, the cloud-based model leverages its opti-channel digital banking solution, powered by Mambu’s SaaS banking engine, to create a fully online… Read More

July 11, 2018 @ 7:26 am By Samantha Hurst  |  

Fintech Europe, Plug and Play’s newest platform, based out of Frankfurt, Germany, announced on Tuesday the nine startups selected for its first batch. The platform, which has Deutsche Bank and TechQuartier as the founding partners, aims to create a multi-corporate fintech program, running two 12-week accelerator… Read More

July 10, 2018 @ 3:47 pm By Samantha Hurst  |  

Last week, Saudi Arabia’s Capital Market Authority (CMA) announced the approval of the first two trial financial technology licenses to Manafa Capital and Scopeer. According to the organization, these trial licenses will qualify the two companies to provide crowd-funding service in the Kingdom of Saudi Arabia…. Read More

July 10, 2018 @ 3:09 pm By Samantha Hurst  |  

Insurtech startup Hippo Insurance announced on Tuesday experienced substantial growth the past year as homeowners demand a reimagined way insurance is developed, bought, and serviced. The firm reported it has topped $10 billion in total insured property value and tripled written premiums quarter-over-quarter. As previously reported,… Read More

July 10, 2018 @ 1:45 pm By Samantha Hurst  |  

British research university, the London School of Economics, is now offering an online course on digital currencies called “Cryptocurrency Investment and Disruption.” According to its description, students will learn the practical skills to interact with cryptocurrency exchanges as well as how to use wallets and evaluate… Read More

July 10, 2018 @ 12:55 pm By Samantha Hurst  |  

Bancor, a decentralized liquidity network, announced on Monday it experienced a security breach. Although details about the breach are currently being investigated, Bancor released an update about the facts the network has so far. According to Bancor, a wallet used to upgrade some smart contacts was… Read More

July 10, 2018 @ 11:05 am By Samantha Hurst  |  

Just one year after raising more than £1.3 million through its first equity crowdfunding campaign on Crowdcube, edtech startup Zzish has returned to the funding portal and quickly secured its initial £300,000 funding target thanks to more than 75 investors. Zzish aims to give every… Read More

July 10, 2018 @ 10:36 am By Samantha Hurst  |  

Credibly, a small and medium-sized business lending platform, announced on Tuesday it has hired Jerome Pender to drive its information technology strategy. According to the online lender, Lender is a seasoned professional more than three decades of experience in information technology. He has experience in… Read More

July 10, 2018 @ 10:10 am By Samantha Hurst  |  

CapLinked, a secure information sharing company founded by PayPal’s first US head of marketing Eric M. Jackson, announced on Tuesday it has secured $2.5 million in seed funding for a new blockchain product, TransitNet, which will be used to serve Security Token Offerings (STOs). CapLinked’s financing was… Read More

July 10, 2018 @ 9:18 am By Samantha Hurst  |  

Standard Chartered Bank announced on Monday as part of its continued efforts to lead the way in the global fight against financial crime, and through its use of regtech, it has partnered with Silent Eight to deliver capabilities to its Financial Crime Compliance (FCC) teams…. Read More

July 10, 2018 @ 8:37 am By Samantha Hurst  |  

Humaniq, a next-generation Blockchain-for-good platform, announced on Tuesday the launch of a new app feature, Humaniq Stories, which was designed to increase its fast-growing community’s Blockchain and crypto knowledge. According to Humaniq, the feature represents an essential in-messenger content channel, where Humaniq users can easily… Read More