September 15, 2021 @ 3:03 pm By Tony Zerucha  |  

Russian fintech Tinkoff has launched Tinkoff Private, a new offering geared to affluent customers. It is a digital private banking service combining a range of actions for the HNWI segment that is now available in the Tinkoff and Tinkoff Investments apps. Tinkoff Private creates a… Read More

September 15, 2021 @ 6:26 am By Tony Zerucha  |  

Welcome Tech, a digital platform serving immigrant families in the U.S., today announced the addition of Daniel Ayala as executive vice president, managing director of Financial Services. His hire comes as the digital bank mobile app PODERcard surpassed 500,000 downloads this year. Welcome Tech has… Read More

September 14, 2021 @ 8:54 pm By Tony Zerucha  |  

Nukkleus has partnered with Monogram Network, a public ledger blockchain, to issue is MG Token. The partnership is being arranged via crypto firm Digital RFQ, which will ensure payouts are delivered. Digital RFQ is registered with the United Kingdom’s Financial Conduct Authority. The MG Token… Read More

September 14, 2021 @ 8:40 pm By Tony Zerucha  |  

Sophos‘ new survey report, “The State of Ransomware in Financial Services 2021,” shows 2020 was an expensive year for those unlucky companies victimized by ransomware attacks Mid-sized financial services organizations worldwide spent an average of more than $2 million recovering from a ransomware attack. Even… Read More

September 14, 2021 @ 8:35 pm By Tony Zerucha  |  

Predictive blockchain monitoring and investigative platform Merkle Science today announced accelerated global expansion with a major focus on the United States. The process will be led by former U.S. Attorney Mary Beth Buchanan, who was named president, Americas and global chief legal officer. “This is an… Read More

September 14, 2021 @ 8:22 pm By Tony Zerucha  |  

The first day with smart contract capability was a good one for Cardano, it reports. Cardano’s recent upgrade to give it smart contract functionality allows developers the ability to create apps on it. Within the first 24 hours, the platform saw more than 100 smart… Read More

September 14, 2021 @ 6:04 pm By Tony Zerucha  |  

Xendit, a payments infrastructure provider serving Southeast Asia, this week announced a $150 million Series C that added it to the list of Southeast Asia unicorns. The round was led by Tiger Global Management with participation from existing investors Accel, Amasia, and Justin Kan’s Goat… Read More

September 14, 2021 @ 4:22 pm By Tony Zerucha  |  

Banking software company Temenos this week announced the availability of Temenos Transact next-generation core banking with Red Hat OpenShift on IBM Cloud, to accelerate hybrid cloud adoption within the financial services industry.  Temenos Transact helps banks adopt a cloud strategy for their core banking systems… Read More

September 14, 2021 @ 3:38 pm By Tony Zerucha  |  

Digital asset banking platform SEBA Bank this week announced a number of additions to its management team. Mathias Schuetz, current regional head of Avaloq Switzerland and CEO of Avaloq Sourcing (Switzerland and Liechtenstein) AG, has been appointed head of Client and Technology Solutions and member… Read More

September 13, 2021 @ 10:47 pm By Tony Zerucha  |  

Origin Protocol (OGN), a platform for launching NFTs, is integrating with Polygon to overcome scaling issues and offer mainstream NFTs to the masses. Origin Protocol’s NFT Launchpad is known for several notable NFT drops, including ones from Paris Hilton, 3LAU, and Rolling Stone. Hilton has… Read More

September 12, 2021 @ 7:24 pm By Tony Zerucha  |  

Singapore-based digital asset exchange SDAX has obtained its Recognized Market Operator (RMO) license from the Monetary Authority of Singapore (MAS) to operate a digital asset exchange, the company said this week. SDAX believes the use of blockchain in capital markets will create new opportunities for… Read More

September 12, 2021 @ 10:27 am By Tony Zerucha  |  

Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More

September 11, 2021 @ 12:34 pm By Tony Zerucha  |  

Oportun Financial Corporation (NASDAQ: OPRT), a financial services and technology company that uses artificial intelligence to inform its credit decisions, this week announced the closing of a new warehouse credit facility of $600 million, backed by a portion of Oportun’s unsecured and secured personal loans…. Read More

September 11, 2021 @ 8:31 am By Tony Zerucha  |  

Australian digital asset vehicle DNA Tracker Fund has recorded a 184.35 per cent net return on investment over the nine months since its inception Dec. 1, 2020, the company said this week. DNA Tracker provides Australian and New Zealand wholesale investors with access to a diversified… Read More

September 11, 2021 @ 4:36 am By Tony Zerucha  |  

Relationship-based pricing and billing company SunTec Business Solutions has named Michael (Mike) Yesudas its new CTO. Yesudas will be based out of the USA and will drive and head the technology and engineering functions, including platform engineering, product engineering, and release engineering teams. A key… Read More

September 11, 2021 @ 12:03 am By Tony Zerucha  |  

Blockchain technology firm CoreLedger this week added a pair of industry veterans to its advisory board. David Ishag is the CEO of Beaurivage Finance SA, a Swiss wealth management company providing portfolio management, investment advisory and family office services. He has more than three decades… Read More

September 10, 2021 @ 11:58 pm By Tony Zerucha  |  

Nuula, a Canadian Fintech company focused on small businesses, today announced $120 million in new funding. The total consists of $20 million in equity funding led by Edison Partners and a $100 million credit facility provided by funds managed by the Credit Group of Ares… Read More

September 10, 2021 @ 3:24 pm By Tony Zerucha  |  

Digital banking and payments firm Wiseasy Group this week announced a collaborative partnership with UnionPay International (UPI) to accelerate digital banking and QR payments in Ghana and Nigeria. The two companies worked together to develop a unified mobile payment standard and coordinate the management of… Read More

September 10, 2021 @ 3:08 pm By Tony Zerucha  |  

Citizens Financial Group and JMP Group have entered into a definitive merger agreement under which Citizens will acquire JMP in an all-cash transaction. JMP is a capital markets firm that provides investment banking services, including strategic advisory, equity research and sales and trading focused primarily… Read More

September 10, 2021 @ 12:55 pm By Tony Zerucha  |  

Seismic Capital this week launched its Regulation A+ equity funding campaign following the qualification of its Form 1-A offering circular by the U.S. Securities and Exchange Commission. The offering is open to both accredited and non-accredited investors. The company’s portfolio management approach focuses on identifying startups whose business… Read More