Tony Zerucha

Paze Report Finds Customers Warming to Digital Wallets, Abandoning Online Carts

New research from the Paze PulseSM Report, by Early Warning Services, revealed that over the past year, 71% of online shoppers have abandoned their online shopping carts. While an overly complicated checkout process and security concerns were among the top reasons for cart abandonment cited… Read More

American Fintech Council Testifies in Rhode Island, New York on Consumer Financial Services

The American Fintech Council (AFC), an industry association representing fintech companies and banks, delivered testimony before the Rhode Island Senate Committee on Commerce and Policy and the D.C. Council Business and Economic Development Committee opposing recently introduced legislation. Phil Goldfeder, AFC CEO and former member… Read More

Green Dot Adds REPAY, FACEBANK and Pana to Partner Network

Green Dot Corporation (NYSE: GDOT), a digital bank and fintech, this week announced the addition of three fintechs to its growing list of Green Dot Network partners. REPAY,  FACEBANK and Pana now offer cash transactions and services to customers via Green Dot’s nationwide network of thousands of retail locations. “As… Read More

Transaction platform Arf surpasses $1B in on-chain liquidity

Arf, a global transaction services platform offering blockchain-based solutions, announced this week that it has surpassed $1 billion in on-chain liquidity volume to support global payments. “Arf was established with the objective to transcend the limitations of existing financial frameworks through the application of innovative… Read More

Green Dot names Melissa Douros CPO

Green Dot Corporation (NYSE: GDOT), a digital bank and Fintech that offers consumers and businesses banking and payment solutions, this week announced the appointment of Melissa Douros as chief product officer. Douros will lead Green Dot’s product design and development team, with a focus on… Read More

FinQuery Launches Contract Management Solution

FinQuery, a provider of solutions built to manage companies’ largest areas of spend, has launched FinQuery Contract Management, an AI-enabled solution that centralizes business contracts, enhances visibility and empowers wiser spending decisions. FinQuery said Contract Management fills an important gap. Until now, contract management solutions… Read More

American Fintech Council’s Goldfeder Speaks Out on Maryland and Minnesota Proposals, Reintroduction of Financial Services Innovation Act

The American Fintech Council (AFC) last week spoke about proposed legislation in Maryland and Minnesota, while CEO Phil Goldfeder also commented on the reintroduction of the Financial Services Innovation Act. The week began with the AFC supporting the Maryland Commercial Financing – Small Business Truth… Read More

AU10TIX Releases KYB/KYC Solution

AU10TIX, a global technology leader in identity verification and management, this week launched a know your business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses. By combining KYB with KYC (know your… Read More

DataVisor Launches Fraud, Compliance Solution

DataVisor, an AI-powered fraud and risk platform, this week announced the launch of a solution designed to detect fraud and financial crimes more effectively while upholding sponsor bank compliance in the face of evolving regulations for Banking-as-a-Service (BaaS) offerings. The solution for sponsor banks replaces… Read More

Solana-based Developer Platform Helius Closes $9.5M Series A

Helius, a vertically integrated developer platform that helps crypto applications build on Solana, announced the close of its $9.5M Series A round this week. The round was led by Foundation Capital, with participation from Reciprocal Ventures, 6th Man Ventures, Chapter One, Propel, Balaji Srinivasan, Anatoly… Read More

Digital Platform Xalts Acquires Contour Network

Accel and Citi Ventures-backed Fintech Xalts, which financial institutions and businesses use to build and manage digital finance applications, this week announced its acquisition of Contour Network, owned by a consortium of global banks, to accelerate digitization in trade and supply chain finance. Contour started in… Read More

B2B Construction Fintech Buildstock Books $1.6M in Pre-seed Funding

Buildstock, a B2B marketplace and Fintech platform for construction materials, this week secured $1.6M in pre-seed funding from Precursor, MGV, XFactor, RefashionD and angels, including Osuke Honda (DCM), Nihal Mehta (Eniac), Shruti Gandhi (Array Ventures), Tom Peterson (Rally Ventures), Yun-Fang Juan, and Mark G (m]x[v… Read More

Digital Asset Firm Zoniqx to Partner with Ripple

Zoniqx (formerly known as Tassets) a provider of digital asset management services, this week announced its partnership with Ripple, an enterprise blockchain and crypto solutions firm. This collaboration harnesses the scalable infrastructure of the XRP Ledger (XRPL) and integrates it with Zoniqx’s Tokenization Platform as a Service (TPaaS) and Tokenization Life… Read More

96% of Klarna Black Friday purchases paid off on-time or early

Klarna, a global payments provider and shopping assistant, is reporting that 96% of BNPL purchases made during the 2023 Black Friday weekend in the United States were paid on time or early. Notably, 30% of American purchases were paid off early, ahead of their due… Read More

Neobank Dave joins American Fintech Council

Neobank Dave this week announced it has joined the American Fintech Council, an industry association representing fintech companies and banks. Dave partners with Evolve Bank & Trust, an FDIC member. “Our members are setting the standard for the responsible use of innovation to increase competition in… Read More

KuCoin Labs partners with Web3 tech firm Coinweb

KuCoin Labs, the investment and research arm of digital asset exchange KuCoin, has entered into a strategic partnership with Coinweb, a provider of Web3 technology. The companies said this collaboration signifies a commitment to mutual support and collaboration aimed at nurturing the expansion of the Web3 ecosystem…. Read More

Financial Learning Platform Stockpile Acquires Alternative Investing Platform Investables

Stockpile, a financial learning platform for kids and parents, has acquired the talent, technology, and IP of Investables, an alternative investing platform. In a statement, the company said providing customers with access to the alternative investing expertise of Investables, along with existing access to securities… Read More

BitRail Partners with Payment Lock to Offer Branded Digital Payments

BitRail, a Fintech company whose PayGenius white label platform allows merchants to offer their own turn-key branded digital payments, wallets, and loyalty, this week announced a partnership with Payment Lock, a custom payment solutions provider with access to more than 300,000 merchants. PayGenius is independent… Read More

DeFi Technologies acquires Solana IP

DeFi Technologies announced this week that it has completed the acquisition of intellectual property from Solana developer Stefan Jørgensen. DeFi Technologies said this acquisition marks a significant milestone in its expansion strategy, focusing on enhancing its offerings in the Solana ecosystem. The IP acquired includes advanced liquidity provisioning, innovative trading strategies… Read More

Consensys, Robinhood Markets, announce Web3 integration

Robinhood

This week, Consensys, a blockchain and Web3 software company, and Robinhood Markets launched the integration of Robinhood Connect with MetaMask, a self-custodial Web3 wallet. Using MetaMask’s Buy Crypto feature, customers can now purchase crypto through Robinhood’s order engine. The companies said the launch is part… Read More

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