June 10, 2024 @ 8:48 am By Tony Zerucha  |  

This week, Turkish Fintech Papara, announced a partnership with DriveWealth. The union allows Papara’s 20 million users to invest in real-time in U.S. stocks on the Nasdaq and NYSE starting in October. Since 2020, the number of retail investors in Turkey has surged from 1.2… Read More

June 10, 2024 @ 6:42 am By Tony Zerucha  |  

Zingly, described as a collaborative customer experience (CCX) platform, launched this week with a $10 million seed round. Participants included Dell Technologies Capital, WestWave Capital, Scribble Ventures, Formus Capital, Geekdom Fund, Array Ventures, Firebolt Ventures, Burst Capital, and CX industry executives. The patented customer-facing technology… Read More

June 8, 2024 @ 9:30 pm By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association representing Fintech companies and banks, applauded the Office of the Comptroller of the Currency (OCC) on the expansion of REACh 2.0 and continued commitment to collaboration. The AFC said the agency has continued its pragmatic approach to… Read More

June 2, 2024 @ 6:18 pm By Tony Zerucha  |  

This week Gnosis Pay, announced a new partnership with Visa. The goal is to broaden the use of digital currencies in everyday payment settings. Through a decentralized network, Gnosis Pay allows entities to provide an on-chain spending account linked to a Visa debit card that… Read More

June 1, 2024 @ 6:44 pm By Tony Zerucha  |  

Paystand, a provider of blockchain-enabled B2B payments, this week announced the appointment of Allison Grieb as chief sales officer. Grieb brings years of sales experience from high-growth tech companies to the new position. Most recently, Grieb was senior vice president of global sales at Recurly,… Read More

June 1, 2024 @ 10:41 am By Tony Zerucha  |  

rapid!, a payment solutions provider and the wage and disbursements arm of Green Dot, this week announced the addition of new companies in the staffing, human capital management, and professional services industries; Elevanta, TempWorks, and solved have signed on. “Today’s employers are turning to financial… Read More

June 1, 2024 @ 10:38 am By Tony Zerucha  |  

The American Fintech Council, an association representing Fintech companies and BaaS banks, has submitted a response to the US Department of Treasury, Financial Crimes Enforcement Network (FinCEN) Request for Information (RFI) related to existing requirements for banks under the Customer Identification Program (CIP) Rule. The… Read More

May 29, 2024 @ 2:14 pm By Tony Zerucha  |  

Fabrick, an open finance operating company, this week announced the acquisition of finAPI GmbH, a German open finance solutions provider. Founded in Munich in 2008 to develop solutions for the aggregation and analysis of financial data, finAPI serves more than 350 clients, including banks, financial… Read More

May 28, 2024 @ 10:42 pm By Tony Zerucha  |  

Onbe, a corporate payouts platform, recently published its Spring 2024 Title, Escrow and Mortgage Payments Survey. It suggests that home buyers overwhelmingly prefer digital payouts; 92% of respondents stated receiving a digital refund would be more convenient compared to waiting for a check in the… Read More

May 28, 2024 @ 8:20 am By Tony Zerucha  |  

Gnosis, the architects of the fully EVM-compatible Layer-1 Gnosis Chain, this week announced the launch of Metri, an on-chain self-custodial wallet operating within the Gnosis ecosystem, allowing a wider set of users to access a realm of decentralized finance applications. Built on the Gnosis Chain,… Read More

May 27, 2024 @ 10:45 pm By Tony Zerucha  |  

Brickken, a tokenizer of real-world assets, has been selected to participate in PwC’s Scale Digital Assets program, a collaborative initiative with GrowthBuilders. This follows a recent expansion towards Coinbase’s L2 Network and its first institutional client, a German venture capital fund. The PwC Scale program… Read More

May 27, 2024 @ 10:40 pm By Tony Zerucha  |  

This week, Lita announced the alpha release of its Valida zkVM and Valida C Compiler Toolchain, enabling faster and more efficient zero-knowledge proof (ZKP) generation. The Valida C Compiler Toolchain comprises the Valida C Compiler, enabling C programs to be converted to Valida-compatible code; and… Read More

May 26, 2024 @ 5:27 pm By Tony Zerucha  |  

This week, Marqeta welcomed the recent Consumer Financial Protection Bureau (CFPB) rule on BNPL providers. In a statement, Marqeta said it appreciates the agency’s efforts to promote consistent consumer protection standards, including for BNPL. “As BNPL providers reach greater levels of mainstream adoption, industry standardization… Read More

May 25, 2024 @ 11:23 am By Tony Zerucha  |  

Alkami, a cloud-based digital banking solutions provider for financial institutions in the U.S.,  this week announced the release of its latest research, the Generational Trends in Digital Banking Study. The study comes amidst what has been called the greatest intergenerational wealth transfer in history, with… Read More

May 25, 2024 @ 9:44 am By Tony Zerucha  |  

AU10TIX, a global technology provider of identity verification and management, this week launched a free Risk Assessment Model that enables businesses to conduct an initial assessment of their exposure to operational, security and identity fraud risk. Drawing insights from billions of transactions processed globally and… Read More

May 25, 2024 @ 9:09 am By Tony Zerucha  |  

This week Atomic, a payroll connectivity provider, launched PayLink Manage, a subscription management technology designed to help account holders view, update and optimize all their recurring payments directly within their financial institution’s app, helping them to take action to cut unnecessary spending and be better with… Read More

May 21, 2024 @ 12:31 pm By Tony Zerucha  |  

The American Fintech Council, an industry association representing fintech companies and BaaS banks, announced this week that Raido Capital Partners became their newest strategic partner. “Raido delivers a unique perspective and the hands-on approach that currently serves their portfolio companies and will now serve as… Read More

May 21, 2024 @ 8:44 am By Tony Zerucha  |  

A replacement of Factris’ FAB (Finance Automation for Business) platform has been released simultaneously across all five of Factris’ markets. These are Belgium, the Netherlands, Poland, Latvia, and Lithuania. Improvements include offering more types of financing, faster approval, direct control of accounts, and easier access to funds thanks to the platform’s… Read More

May 20, 2024 @ 9:47 am By Tony Zerucha  |  

Teal, a startup in the accounting infrastructure for vertical SaaS businesses sector, has revealed an $8 million Seed round today. Founded in 2023 by Ian Crosby, former head of financial services at Shopify and CEO and co-founder of Bench Accounting, Teal allows vertical SaaS businesses… Read More

May 20, 2024 @ 9:00 am By Tony Zerucha  |  

Socure, a provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, today unveiled research study findings revealing that 35% of Gen Zers in the U.S. and nearly one-third of legal immigrants are “Digital Ghosts.” A Digital Ghost has little to no… Read More