August 17, 2024 @ 3:06 pm By Tony Zerucha  |  

This week, Offchain Labs, the team of initial core developers behind Arbitrum and Ethereum consensus client Prysm, announced the launch of Tandem. This first Offchain Labs partner studio will focus on assisting select projects in building blockchain applications. Tandem seeks to nurture partnerships with innovative applications building on-chain,… Read More

August 14, 2024 @ 10:11 pm By Tony Zerucha  |  

Piñata, a rental rewards program designed to help users build and establish credit, has just announced an exclusive partnership with Visa. Piñata Pay is dubbed the first no-fee debit payment solution for renters with credit-card-like rewards. Created to be a responsible alternative to a credit… Read More

August 14, 2024 @ 2:19 pm By Tony Zerucha  |  

Chirp founder and CEO Tim Kravchunovsky believes that even as traditional stock markets have taken a beating, cryptocurrencies are faring quite well (all things considered). Chirp is a decentralized telecommunications network. While the week greeted crypto investors with one of this cycle’s most significant sell-offs,… Read More

August 12, 2024 @ 7:50 am By Tony Zerucha  |  

A report from corporate card and accounts payable platform Ramp shows that companies are willing to invest in AI, especially when it addresses specific issues. While spending remained strong in Q2, some headwinds are forming. Small SMEs raised their spending by 9.4%, with large SMEs… Read More

August 10, 2024 @ 11:01 am By Tony Zerucha  |  

Tax lawyer David W. Klasing warns the IRS anticipates a surge in cryptocurrency-related tax evasion cases. That is driven by anonymity and decentralization, which complicate the ability to track income and enforce laws. “The IRS expects a rise in crypto tax evasion cases as taxpayers file their… Read More

August 10, 2024 @ 10:58 am By Tony Zerucha  |  

This week, the Arbitrum Foundation and global asset manager Franklin Templeton announced the Franklin OnChain U.S. Government Money Fund (FOBXX) is available on Arbitrum, an Ethereum Layer 2 blockchain. Investors can gain exposure to FOBXX in digital wallets through the Benji Investments platform, Franklin Templeton’s proprietary blockchain-integrated… Read More

August 10, 2024 @ 10:54 am By Tony Zerucha  |  

Bitcoin’s recent struggles speak against the notion of it being held as an asset by the United States Treasury, argues the co-founder and CEO of Cerus Markets, a cryptocurrency exchange. Michael Brescia made the comments as Bitcoin shed nearly 18% of its value in one… Read More

August 10, 2024 @ 7:31 am By Tony Zerucha  |  

Torpago, a commercial credit card and spend management provider for banks, has announced the hiring of Chris Boncimino to head business operations. Boncimino will lead business operations with a focus on growth and product development for Torpago’s Powered By program management service. Boncimino’s fintech experience… Read More

August 7, 2024 @ 8:23 am By Tony Zerucha  |  

While Deutsche Telekom’s support for blockchain initiatives is welcome, Chirp founder and CEO Tim Kravchunovsky believes it could go further to help foster wider blockchain adoption. Chirp is a decentralized telecommunications network. Kravchunovsky said Deutsche Telekom should offer more support for budding DePIN projects as… Read More

August 5, 2024 @ 6:27 am By Tony Zerucha  |  

Cartona, a B2B platform digitizing and empowering stakeholders of Egypt’s traditional trade market – including mom-and-pop stores, hotels, restaurants, ​​cafes, FMCG companies, ​​and ​wholesalers – has completed an $8.1 million ​​Series A extension ​fundraise. The round was led by Algebra Ventures, an Egyptian tech venture… Read More

August 3, 2024 @ 5:32 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha and risk manager Sergei Gorev were asked about recent movements in the cryptocurrency world, including Circle’s IPO and Solana price movements. YouHodler is a firm that offers a wide range of Web3 Fintech services to ensure a seamless connection… Read More

August 3, 2024 @ 5:20 pm By Tony Zerucha  |  

Florida is the top state for mobile banking, a new study from software company Vention finds. The study utilized Google Keyword Planner to analyze the nationwide Google search volume behind various keywords related to mobile banking—including “mobile banking,” “mobile banking app,” and “best mobile banking… Read More

August 3, 2024 @ 5:16 pm By Tony Zerucha  |  

New research from Ravelin reveals that failing to tackle online fraud increasingly damages the brand reputation and bottom line for thousands of businesses worldwide. Almost two-thirds of all e-commerce brands (61%) have found themselves at the centre of highly damaging public media storms when fraud… Read More

August 3, 2024 @ 4:53 pm By Tony Zerucha  |  

Forensic Risk Alliance, an independent forensic consultancy specializing in regulatory investigations, compliance and disputes, has named US-based cryptocurrency specialist Thomas Hyun as a director in the firm’s global Cryptocurrency Investigations and Compliance practice. Hyun brings years of experience building and leading anti-money laundering (AML) compliance… Read More

August 3, 2024 @ 4:48 pm By Tony Zerucha  |  

The Agri-Business Capital Fund this week announced an investment of €1.1 million in MiCreditoYa Microfinanciera SAS, a microfinance institution operating in the Nariño department in the southwest of Colombia. Access to finance remains a significant challenge in many parts of the world, particularly in rural… Read More

August 3, 2024 @ 2:34 pm By Tony Zerucha  |  

deVere Group CEO Nigel Green said this week that Donald Trump’s keynote address at the 2024 Nashville Bitcoin Conference could force Kamala Harris to finally embrace the crypto industry or risk her campaign’s failure. Green made the comments following Trump’s speech at a Nashville cryptocurrency… Read More

August 3, 2024 @ 5:03 am By Tony Zerucha  |  

The Bank of England’s decision to cut interest rates for the first time since the pandemic began has been hailed as “a welcome step in the right direction,” by deVere Group CEO Nigel Green. Green made the comments as the UK central bank unveiled a… Read More

August 1, 2024 @ 11:53 am By Tony Zerucha  |  

The evolution of Earned Wage Access, or, in Marqeta’s (NASDAQ: MQ) case, Accelerated Wage Access (AWA), is part of a larger opportunity for employers to provide more efficient financial services to people they know better than most lenders – their employees. Chief revenue officer Todd… Read More

July 29, 2024 @ 6:39 am By Tony Zerucha  |  

Fintech firm Electronic Merchant Systems has hired Dan Stanbridge as chief risk and compliance officer. Stanbridge has more than 15 years of experience in the financial services industry. He was chief risk officer at Flexfactor and SVP of merchant risk at Paysafe. He led efforts to mitigate risk and… Read More

July 28, 2024 @ 5:10 pm By Tony Zerucha  |  

Kasheesh, a digital payment platform that allows anyone to split payment for online purchases across multiple credit cards, this week launched Multi Use Card. Kasheesh’s Multi Use Card offers one, reusable card that can split purchases across up to five debit, credit cards, and gift… Read More