July 21, 2024 @ 6:35 pm By Tony Zerucha  |  

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

July 21, 2024 @ 2:36 pm By Tony Zerucha  |  

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

July 21, 2024 @ 2:30 pm By Tony Zerucha  |  

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

July 21, 2024 @ 2:28 pm By Tony Zerucha  |  

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

July 21, 2024 @ 2:23 pm By Tony Zerucha  |  

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

July 16, 2024 @ 8:11 am By Tony Zerucha  |  

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

July 15, 2024 @ 4:46 pm By Tony Zerucha  |  

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

July 15, 2024 @ 4:39 pm By Tony Zerucha  |  

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

July 15, 2024 @ 7:58 am By Tony Zerucha  |  

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

July 13, 2024 @ 5:16 pm By Tony Zerucha  |  

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

July 13, 2024 @ 12:51 pm By Tony Zerucha  |  

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

July 13, 2024 @ 6:12 am By Tony Zerucha  |  

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

July 8, 2024 @ 10:36 am By Tony Zerucha  |  

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

July 8, 2024 @ 9:31 am By Tony Zerucha  |  

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

July 8, 2024 @ 9:29 am By Tony Zerucha  |  

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

July 6, 2024 @ 7:51 pm By Tony Zerucha  |  

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

July 6, 2024 @ 1:55 pm By Tony Zerucha  |  

Blockchain and AI-based real estate company Propy announced this week that millionaire entrepreneur and equity fund manager Grant Cardone has listed his mansion in Golden Beach, Fla., on its site. The asking price is $42 million, and cryptocurrency is accepted. The home is listed on… Read More

July 2, 2024 @ 5:43 am By Tony Zerucha  |  

Last week, mortgage Fintech Lower announced Craig Montgomery as its new chief strategy officer. Montgomery is charged with helping Lower achieve its goal of becoming a top-five national lender. A 27-year industry veteran, Montgomery took part in driving organizational growth from under $2 billion to over $50 billion in annual production… Read More

June 30, 2024 @ 7:23 pm By Tony Zerucha  |  

AI-powered risk decisioning software provider Provenir believes it has the solution to more sophisticated types of fraud. Identity theft and synthetic identities will account for roughly half of all financial services fraud cases by 2025. In a global survey of financial services executives, 43% said… Read More

June 30, 2024 @ 6:23 pm By Tony Zerucha  |  

TD and MPOWER Financing have collaborated to simplify the banking experience for international students pursuing higher education in Canada by offering a suite of financial resources needed to help students on their journey to Canada. As part of this collaboration, TD would be MPOWER’s preferred… Read More