June 7, 2022 @ 11:31 am By JD Alois  |  

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

June 7, 2022 @ 10:22 am By JD Alois  |  

Open Banking provider TrueLayer has been selected by CMC Markets to enhance client payments in the UK and Europe. CMC Markets is a trading platform with offices around the world and more than 300,000 clients. Users may trade forex, indices, commodities, shares and treasuries through contracts… Read More

June 7, 2022 @ 10:05 am By JD Alois  |  

Trust Payments has announced a multi-year partnership with Feedzai, a “RiskOps platform for financial risk management.” According to a release, by using Feedzai, Trust Payments’ customers will benefit from an advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Daniel Holden, Group… Read More

June 7, 2022 @ 9:57 am By JD Alois  |  

Salt Edge, an open banking provider, has been integrated into NayaOne. NayaOne is a “Digital Sandbox and Fintech-as-a Service” platform that powers the UK Digital Sandbox. NayaOne is said to be one of the largest integrated Fintech marketplaces in Europe and the UK. According to… Read More

June 7, 2022 @ 9:50 am By JD Alois  |  

Open banking platform Tink has signed a strategic partnership for open banking technology with Revolut, a popular neobank. Tink’s payment initiation services (PIS) technology is expected to allow Revolut users across Europe to easily move money into their Revolut accounts. PIS enables users to connect… Read More

June 7, 2022 @ 9:41 am By JD Alois  |  

Kiavi, has expanded its services into three new states: Wisconsin, Alabama and Arkansas. Kiavi will now offer bridge and rental loan products in these new states enabling real estate investors (REIs) to expand and scale their businesses to additional markets. Founded in 2013, Kiavi (formerly… Read More

June 7, 2022 @ 9:32 am By JD Alois  |  

Adim, an entertainment-tech company “composed of storytellers,” has raised $5 million in a Seed round led by a16z. Co-founded by Rob McElhenney, Chase Rosenblatt, Melissa Kaspers, Spencer Marell, and Richard Rosenblatt, Adim’s mission is to usher in “more accessible and rewarding future for entertainment by… Read More

June 7, 2022 @ 9:13 am By JD Alois  |  

Marqeta (NASDAQ: MQ) is being utilized by Western Union (NYSE:WU) to boost its “next-generation real-time multi-currency digital wallet and digital banking platform in Europe.” Marqeta’s card issuing platform is said to allow Western Union’s remittance service to be offered online, with funds disbursed to a… Read More

June 7, 2022 @ 9:05 am By JD Alois  |  

Ziglu, a UK-based e-Money institution and crypto platform, has announced a partnership with  ClearBank, a “cloud-based clearing bank.” ClearBank is regulated by the UK Financial Conduct Authority and the Prudential Regulation Authority. According to a company statement, Ziglu will be utilizing ClearBank’s platform to provide… Read More

June 7, 2022 @ 3:00 am By JD Alois  |  

Dutch Fintech Modulr has launched its real-time Euro payments service, based on the real-time pan European SEPA Instant scheme. The Single Euro Payments Area (SEPA) allows customers to make cashless Euro payments to anywhere in the EU, as well as a number of non-EU countries… Read More

June 6, 2022 @ 9:34 pm By JD Alois  |  

The European Parliament has posted regulations pertaining to tokenization and digital securities leveraging blockchain or distributed ledger technology. The DLT pilot plan aims to enable innovators to advance their platforms while providing a safe environment for users. To quote the document: It is important to… Read More

June 6, 2022 @ 3:38 pm By JD Alois  |  

One of the most successful Fintech VCs around, QED Investors, has hired Camila Vieira to boost its presence in Brazil – an important region in the hot Latin American Fintech market. Vieira is the company’s first employee based in Sao Paulo, Brazil, where she will… Read More

June 6, 2022 @ 3:25 pm By JD Alois  |  

Apple (NASDAQ:AAPL), the world’s largest company by market cap and ubiquitous tech firm, announced a buy now – pay later product today alongside a solid portfolio of other updates. During the annual WWDC keynote, Apple executives revealed Apple Pay Later, a new feature of the… Read More

June 6, 2022 @ 11:13 am By JD Alois  |  

    “We still believe The Merge will not happen.” Dr. Martin Hiesboeck, Head of Blockchain and Crypto Research at Uphold – a trading platform, has issued a statement slamming Ethereum while hammering creator Vitalik Buterin for his erratic and emotional Tweets. Hiesboeck is of the… Read More

June 6, 2022 @ 10:10 am By JD Alois  |  

Yoshi Markets Limited says it has started onboarding clients for its trading and custody platform for digital assets. Yoshi is an ADGM regulated  Multilateral Trading Facility (MTF) and custodian. The announcement is described as a significant step towards offering services for customers from around the world…. Read More

June 6, 2022 @ 9:57 am By JD Alois  |  

Mega-Fintech Ant Group has announced the launch of ANEXT Bank, a digital wholesale bank, in Singapore. Several years back, Singapore commenced the approval of digital-only banking licenses. Ant Group was one of the approved digital banking providers. ANEXT Bank is one of the two successful… Read More

June 6, 2022 @ 9:39 am By JD Alois  |  

Consumers really do not like their banks, nor credit cards, and with the stumbling economy perception of these financial services providers is getting worse, according to JD Power.  In a recent statement by the research firm, the situation is described as a “perfect storm” regarding… Read More

June 6, 2022 @ 9:24 am By JD Alois  |  

OakNorth Bank, launched in 2015 aiming to provide access to capital for the “missing middle,”  has provided a £900K facility to redevelop an existing major mixed-use scheme in Rock, Cornwall being developed by SWPG Rock Limited. Founded in May 2020, SWPG Rock Limited, is owned… Read More

June 6, 2022 @ 6:58 am By JD Alois  |  

OpenPayd, a banking as a service (BaaS) provider, and Yapily have announced a partnership to deliver payment solutions for businesses in the UK and across Europe.  According to the two companies, Yapily’s open banking platform will be incorporated into OpenPayd’s embedded finance offering, creating a… Read More

June 5, 2022 @ 6:42 pm By JD Alois  |  

According to Coinmarketcap, the global aggregate crypto value stands at $1.24 trillion. Sounds like a lot, except when you recall that the total market cap stood at over $3 trillion last November. Crypto, including the most popular tokens like Bitcoin and Ether, have collapsed in… Read More