Tony Zerucha

DECTA, Cashflows Execs React to CHAPS Payment Systems Outages Impact

Executives from two Fintech companies believe this week’s system outages could hurt SMEs the most and highlight the need for additional resiliency in an increasingly connected world. The past seven days began with an outage at CHAPS. While it was temporary, it significantly affected European… Read More

AI-Powered Tax Firm April Adds Google Vet Raj Doshi as COO

april, an AI-powered tax-filing product built to be embedded with financial services providers, this week appointed Raj R. Doshi as its president and chief operating officer. Doshi brings more than 20 years of experience with organizations including Google, TaxAct and Avantax. Doshi’s focus will be… Read More

Payment Systems Outages a Modernization SOS: Silverflow Co-Founder

The co-founder of a cloud platform for global card processing insists that recent payment systems outages are the price the world pays for widely used yet outdated infrastructure. Robert Kraal is the CBDO of Silverflow, which offers a cloud-native solution with a single API for… Read More

Episode Six Debuts PaaS Solution on AWS Marketplace

Episode Six, a payment processing provider and digital ledger infrastructure, has announced that its cloud-based solution, offering payments-as-a-service, is now available on the Amazon Web Services (AWS) Marketplace. The company operates across 14 AWS availability zones, including regions such as the United States, Europe, Singapore, Australia,… Read More

Raise, Parity Technologies to Provide Polkadot Mobile App Payment Rails

Raise, a payments provider in the global gift card industry, announced a partnership with Parity Technologies this week to provide the payment rails for the upcoming Polkadot mobile application. Previewed during last week’s Polkadot Decoded conference, Raise’s white-label payments and gift card infrastructure API will allow users to make… Read More

Parcl, Propy Union Could See $50B of Property Tokenized by 2025

Propy, a real estate tokenization platform, and Parcl, a DeFi protocol built on real estate data, have announced a new strategic partnership. It will enhance the analytics of all on-chain real estate minted on PropyKeys using Parcl’s data integrations. Parcl and Propy revealed that more than $10 billion worth of… Read More

AuthenticID Report Documents 73% Rise in Fraudulent Transactions; AI Main Culprit

Fraudulent transactions in the first half of 2024 were up more than 73% year over year, and suspected fraudulent transactions increased by more than 84%, according to the 2024 Mid-Year Identity Fraud Review, released this week by AuthenticID, a provider of identity verification and fraud… Read More

Inversis Acquisition to Drive Euroclear European Expansion

Euroclear has acquired a 49% stake in Inversis, a global investment technology solutions provider and outsourced financial services. By the end of 2027, Euroclear will become the full owner of Inversis. The transaction is subject to customary closing conditions and regulatory approvals. Founded in 2001 and… Read More

Chainlink Digital Assets Sandbox Designed to Help Financial Institution Digitization

Chainlink believes its new Chainlink Digital Assets Sandbox (DAS) will accelerate digital asset innovation within financial institutions. The company said Chainlink DAS is designed for financial institutions that want to quickly innovate and experience the potential of generating new revenue opportunities, increasing efficiencies and improving… Read More

DeFi Data Solution Chainlink Data Feeds Now Available on Starknet Mainnet

Decentralized computing platform Chainlink and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced this week that Chainlink Data Feeds, a data solution for DeFi, are now live on Starknet mainnet. Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability limitations while ensuring computational integrity. The… Read More

Mina Foundation Welcomes Ex-Google, Polkadot Vet Daniel Schoenberger as General Counsel, Shapiro Returns as CPSO

Mina Foundation, a public benefit corporation servicing zero-knowledge (ZK) blockchain Mina Protocol, has appointed deep-tech lawyer and senior legal executive Daniel Schoenberger as its general counsel, effective immediately. Schoenberger brings more than two decades of legal and policy experience from across Web2 enterprise, Web3, and education. He joins… Read More

SKROL Emerges From Stealth With $1.2M Pre-Seed, Focuses on SMB AI-Based Transformation

SKROL emerged from stealth this week with a $1.2 million pre-seed funding round led by David Rosskamp’s Magnetic Capital, a venture fund that was an early investor in Cassau’s previous startup, Grover. SKROL utilizes artificial intelligence (AI) to assist with acquiring and transforming SMBs, including… Read More

Open Payment Technologies Launches Digital Wallet App Kuady

This week, Open Payment Technologies launched Kuady, a digital wallet app. Designed to accelerate financial inclusion and transform how merchants and users manage their money, Kuady launched in Peru and Chile – giving global organizations access to these markets with seamless cross-border transactions – with further LatAm countries being… Read More

Blockchain-Based Fintech COCA Unveils Physical Debit Cards

This week, COCA, a provider of blockchain-powered financial solutions, launched physical debit cards in more than 50 countries. It’s the newest addition to a product line that already includes virtual cards and a non-custodial wallet. COCA said the cards are designed to function without the… Read More

Web3 Company Wirex Targets Crypto Users Through Telegram App Whale

Web3 company Wirex has launched Whale, a Telegram app targeting the attention economy. Through active engagement, Whale users can earn rewards, gain access to exclusive token deals, and achieve industry recognition. Wirex said Whale is designed to transform attention into a valuable currency in the digital… Read More

Expedia, Wells Fargo, Mastercard Launch One Key Credit Cards

Online travel platform Expedia Group has finalized a multiyear agreement with Wells Fargo and Mastercard to launch two new co-branded credit cards. Designed to complement One Key, Expedia Group’s loyalty program, the One Key Card and One Key+ Card will offer more flexibility, savings, and… Read More

Viola FinTech Adds Former Payoneer CEO Scott Galit as Advisor, Release Contextual Finance Report

Viola FinTech, an operator-led global Fintech venture fund, announced this past week that Scott Galit has joined its advisory board. Galit is the former CEO of Payoneer, an international payments platform that partners with freelancers, SMBs, marketplaces, and enterprises, especially in emerging markets. Previously, Galit… Read More

Israeli Blockchain Startup SendBlocks Emerges From Stealth With $8.2M Seed Funding

Israeli startup SendBlocks, a blockchain data management company, announced this week that it is coming out of stealth mode with $8.2 million in seed funding. The SendBlocks platform is fully customizable, allowing blockchain enterprises, ecosystems, protocols, and applications to define pertinent data and leave it… Read More

Canadian Digital Asset Custodian Balance Incorporates Special Purpose Trust; Commits $10M

Balance, a Canadian digital asset custodian, incorporated Balance Trust Company this week as a special purpose trust under the Loan and Trust Corporations Act in Alberta. In connection with the issuance of the letters patent by Alberta’s Treasury Board and Finance (ATBF), Balance committed $10 million of regulatory… Read More

Identity Risk Management Platform Alloy Names Kathryn Cook CMO

Alloy, an identity risk management platform for companies that offer financial products, announced this week that Kathryn Cook has joined the company as its new chief marketing officer. Cook joins the company following nine years at nCino, an Alloy partner and provider of cloud banking for the… Read More

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