January 13, 2022 @ 5:39 pm By Tony Zerucha  |  

NEXT Insurance today announced the appointment of Teodora Gouneva as CFO. She steps into the role previously held by Michelle Cheung, who will now serve as NEXT’s first chief corporate officer and will lead the company’s legal, people and operations functions. As CFO, Gouneva will… Read More

January 13, 2022 @ 2:25 pm By Tony Zerucha  |  

SpaceChain today announced the successful launch mission of its blockchain-enabled payload, integrated with the space node created for Velas Network AG. It went into space onboard a SpaceX Falcon 9 rocket. The payload was installed onto a satellite designed and manufactured by Spire Global, which… Read More

January 13, 2022 @ 8:00 am By Tony Zerucha  |  

Spott today announced the launch of a digital insurance platform designed exclusively for e-commerce sellers. As part of a broader suite of financial services, Spott’s insurance offering enables e-commerce businesses to protect their stores against claims and comply with up-to-date insurance requirements from leading marketplaces,… Read More

January 13, 2022 @ 1:17 am By Tony Zerucha  |  

    Bitcoin, other cryptocurrencies and NFTs are more trusted than stocks to give investors better returns in 2022, suggests a poll of close to 6,000 people on business networking site LinkedIn. The poll, conducted over the past two weeks, finds 30 per cent of… Read More

January 12, 2022 @ 11:37 pm By Tony Zerucha  |  

APEXX Global, a global payments platform, is expanding into the U.S. marketplace, the company announced this week. Today, the company forecasts to be processing roughly $20 billion by the end of 2022. One focus for the company is the buy now, pay later (BNPL) market,… Read More

January 12, 2022 @ 11:11 pm By Tony Zerucha  |  

Fintech solutions provider Euro Asia Pay Holdings is partnering with i2c., a digital payments and banking technology provider, to establish a footprint for Hero Financials in the United States. Hero Financials is Euro Asia Pay Holding’s alternative-to-banking solution that allows guardians to provide funds to… Read More

January 12, 2022 @ 10:09 pm By Tony Zerucha  |  

ERP banking technology will continue to evolve in 2022 FISPAN co-founder and CEO Clayton Weir said. FISPAN provides ERP banking services and counts JPMorgan Chase among its clients. Consumer-grade experiences will grow in importance throughout the year, Weir believes. Banks need to think and operate… Read More

January 12, 2022 @ 6:04 pm By Tony Zerucha  |  

As post-holiday returns skyrocket due to the explosion in e-commerce sales globally, Gen Z and Millennials are the ones most likely to choose not to return unwanted items, according to Global Voices: Cross-Border Shopper Insights, a new global survey from ESW (formerly eShopWorld), a global direct-to-consumer… Read More

January 12, 2022 @ 11:05 am By Tony Zerucha  |  

ADDX, a Singapore-based firm, is making private market investing available to many wealthy investors who were previously excluded from the opportunity. There is strong demand for the service, Oi-Yee Choo ADDX chief commercial officer said. Choo brings two decades of capital raising and mergers and… Read More

January 11, 2022 @ 4:23 pm By Tony Zerucha  |  

While the dollar values of cryptocurrencies associated with fraud and other illegal activities continues to row, it is important to keep those numbers in context, one industry watcher cautions. As cryptocurrency-based transaction volumes surge, the amounts associated with illegal activity are naturally going to grow…. Read More

January 11, 2022 @ 3:17 pm By Tony Zerucha  |  

Bluon, a growing company in the HVAC-R space that offers a support app for HVAC technicians, today announced the closing of its Series B round with $27.6 million in equity financing. This adds to its recently completed $9 million in venture debt. The new capital… Read More

January 11, 2022 @ 2:49 pm By Tony Zerucha  |  

ThankUCash, a loyalty, deals, and rewards platform targeting African markets, this week announced the close of a $5.3 million seed funding round. The company launched in 2018. The round was led by venture capital firms 500 Global and Unicorn Growth Capital. U.S.-based accelerator Expert Dojo,… Read More

January 11, 2022 @ 12:24 pm By Tony Zerucha  |  

Transcend, a provider of collateral, liquidity, and funding solutions, and Acadia, a provider of integrated risk management services, have partnered to deliver an automated Collateral Validation Service. This service allows the buy-side and broker-dealers to manage the growing complexity and volume of margin activity driven… Read More

January 6, 2022 @ 6:47 pm By Tony Zerucha  |  

MoneyGram International this week announced it has completed a strategic minority investment in Coinme, an American cryptocurrency cash exchange. The deal, which gives MoneyGram an approximate four per cent ownership stake in Coinme, closes out Coinme’s Series A financing round. “At MoneyGram, we continue to… Read More

January 6, 2022 @ 4:42 pm By Tony Zerucha  |  

While cryptocurrency-based crime reached historical highs in 2021, it pales in comparison to overall adoption increases, a draft of Chainalysis’ 2022 Crypto Crime Report shows. Addresses identified as illicit by Chainalysis received $14 billion in 2021, nearly double the $7.8 billion seen in 2020. There… Read More

January 6, 2022 @ 2:08 pm By Tony Zerucha  |  

Superalgos, an open-source community-owned trading intelligence project, this week announced its partnership with AscendEX, a global cryptocurrency platform. Through the partnership, Superalgos will bring the exchange’s users new trading automation tools, enabling them to deploy sophisticated automated trading systems. The Superalgos community, for its part, will… Read More

January 6, 2022 @ 9:30 am By Tony Zerucha  |  

LexisNexis Risk Solutions today released the fifth edition of the LexisNexis True Cost of Fraud Study: Financial Services & Lending. The study examines fraud trends for the United States and Canadian financial services and lending sectors and key pain points related to adding new payment… Read More

January 6, 2022 @ 7:00 am By Tony Zerucha  |  

The HBAR Foundation today announced a partnership with Indian composer, producer and musician A.R. Rahman, to create content for a new NFT music platform focused on India’s independent music community. It is providing a grant and organizational support for development and growth of the NFT… Read More

January 5, 2022 @ 10:10 pm By Tony Zerucha  |  

Alto, a self-directed IRA platform for individuals seeking to invest in alternative assets using tax-advantaged retirement funds, today announced the successful close of a $40 million Series B funding round. Advance Venture Partners was the lead on this round of funding, with additional participation from… Read More

January 4, 2022 @ 10:07 pm By Tony Zerucha  |  

India’s largest bank is providing financial incentives to its customers to go digital. Beginning Feb. 1 the State Bank of India is waiving fees on digital transactions for instant money transfers in amounts up to Rs 5 lakh, they said today. That amount is up… Read More