September 8, 2023 @ 6:28 am By Tony Zerucha  |  

Global compliance technology solutions and services provider Sovos this week announced the addition of two technology industry veterans to its executive leadership team. Alice Katwan joins as president of revenue, and Eva Krauss returns as chief transformation officer. Both are new roles. In a statement,… Read More

September 8, 2023 @ 4:50 am By Tony Zerucha  |  

The American Fintech Council, an industry association representing fintech companies and banks, this week announced that EarnIn has become its newest member. EarnIn will join a growing group of diverse industry-leading earned wage access  companies. “EarnIn will add an important voice to a growing chorus… Read More

September 4, 2023 @ 9:39 pm By Tony Zerucha  |  

Sumsub, a global full-cycle verification platform, today launched a six-month free trial of its Travel Rule compliance solution. The product will be available to global cryptocurrency organizations in time for the enforcement of the landmark Crypto Travel Rule legislation expanding in the United Kingdom today to further combat money laundering and terrorism… Read More

September 4, 2023 @ 10:45 am By Tony Zerucha  |  

ACE Money Transfer, a Fintech company based out of Manchester, United Kingdom, has announced an enhanced partnership with Pakistani commercial institution Bank Alfalah. The union will enable overseas Pakistanis to remit money back home. ACE Money Transfer allows expatriates to send money from 28 countries… Read More

September 4, 2023 @ 9:55 am By Tony Zerucha  |  

The Securities Commission Malaysia this week has announced the first group of award recipients for its Digital Innovation Fund. The Digital Innovation Fund was established to co-fund innovative projects that demonstrate the use of technology to allow new and competitive propositions in the Malaysian capital market. It… Read More

September 4, 2023 @ 9:43 am By Tony Zerucha  |  

Alkami Technology (Nasdaq: ALKT), a cloud-based digital banking solutions provider for American financial institutions, announced this week that it has partnered with Atomic, a provider of payroll connectivity. The two firms will provide financial institutions with a direct deposit switching solution that allows account holders to connect their… Read More

September 4, 2023 @ 9:36 am By Tony Zerucha  |  

Banca AideXa, a Fintech founded in 2020 by Roberto Nicastro and Federico Sforza, had a booming third quarter, the company said this week. In the third quarter of 2023, officials say the bank strengthened its positive growth trends in figures, business, and saver confidence. The… Read More

September 4, 2023 @ 9:24 am By Tony Zerucha  |  

Utimaco, a global provider of IT security solutions, has released new consumer research that indicates a low level of trust around Internet of Things (IoT) devices. This has highlighted the need for more education from the industry into how smart devices are secured with the… Read More

September 3, 2023 @ 8:10 pm By Tony Zerucha  |  

Financial institutions and almost every other industry must quickly prepare for a post-quantum world, a new blueprint from the Info-Tech Research Group suggests. The paper can be downloaded here. The alarm was sounded due to anticipated advancements in fault-tolerant quantum computers that will surpass existing… Read More

September 2, 2023 @ 10:23 am By Tony Zerucha  |  

Global card issuing platform Marqeta this week named Heather Gantt-Evans as its chief information security officer. She brings experience in security and risk management at SailPoint, The Home Depot and Ernst & Young to her role. Gantt-Evans will oversee Marqeta’s global corporate and product security… Read More

August 26, 2023 @ 4:59 pm By Tony Zerucha  |  

Digital asset management platform Blueprint this week unveiled a free staking service. It is the first step in capitalizing on what the company believes is a demand for “an all-in-one intuitive platform that combines consolidated data, insights, and tooling to provide investors, builders, and service… Read More

August 26, 2023 @ 2:50 pm By Tony Zerucha  |  

Quantstamp, a provider of blockchain security solutions, this week unveiled Economic Exploit Analysis. Economic Exploit Analysis identifies flash loan attack vectors in smart contracts through automated tooling before protocols get hacked. The service is based on research from the University of Toronto that Quantstamp commercialized…. Read More

August 26, 2023 @ 2:42 pm By Tony Zerucha  |  

How strongly one embraces generative artificial intelligence (AI) in their workplace depends on how old they are and what type of workplace one has, new research from personnel agency Robert Half suggests. Overall, 41% believe generative AI will have a positive impact on their career…. Read More

August 25, 2023 @ 11:19 pm By Tony Zerucha  |  

New rules by the Internal Revenue Service (IRS) may have important implications for those who earn revenue through staking cryptocurrency, one tax lawyer warned this week. According to the Tax Law Offices of David W. Klasing, IRS Revenue Ruling 2023-14 states that staking rewards will now… Read More

August 25, 2023 @ 9:00 am By Tony Zerucha  |  

april, an AI-powered financial technology focused on taxes, this week welcomed two new leadership team members. Christina Taylor is the new VP of tax development and delivery while Antonea Nabors becomes product design lead. Taylor moves over from Cash App Taxes (a Block subsidiary) where… Read More

August 19, 2023 @ 4:40 pm By Tony Zerucha  |  

A new study from TransUnion shows the measures many Americans take to rid themselves of high-interest credit card debt are but a temporary reprieve. “Debt Consolidation in a Rising Economy” describes how many turn to unsecured personal loans to consolidate their debts. Data generated between April… Read More

August 19, 2023 @ 3:40 pm By Tony Zerucha  |  

DataVisor, an AI-powered fraud and risk platform, this week released its instant payments fraud prevention solution. Real-Time Payments Fraud Solution leverages account life-cycle signals, advanced machine learning techniques and prebuilt rules for real-time payments fraud scenarios. It allows financial institutions safely access instant payment technologies… Read More

August 19, 2023 @ 4:11 am By Tony Zerucha  |  

A new report from the Financial Health Network details the perilous financial state of many people with disabilities. The Financial Health of People with Disabilities: Key Obstacles and Opportunities was produced by the Financial Health Network in partnership with National Disability Institute (NDI), The Harkin… Read More

August 13, 2023 @ 11:44 pm By Tony Zerucha  |  

B2B buy now, pay later solutions provider Tabit has partnered with embedded lending multinational company Jifiti to serve Canadian B2B merchants, the companies announced this week. Jifiti’s embedded lending platform was white-labelled for Tabit. Online merchants can download the Tabit plugin from one of several… Read More

August 13, 2023 @ 10:49 pm By Tony Zerucha  |  

While the US Federal Reserve’s recent announcement of a Novel Activities Supervision Program is a step in the right direction, the work is far from over, the leader of the American Fintech Council believes. The Novel Activities Supervision Program is designed to enhance the oversight… Read More