Fintech Banked and National Australia Bank (NAB) Partner on Payments Solution

Fintech Banked and National Australia Bank (NAB) are partnering on a payments solution. The collaboration follows NAB’s VC arm’s participation in Banked’s Series A funding round, which saw NAB contribute $15 million to the firm. The partnership will enable Australian merchants to integrate account-to-account (A2A)… Read More

iCapital Launches iMAP, its Model Portfolio for Alternative Investments

iCapital, a global Fintech platform aiming to fuel the alternative investment marketplace for the wealth management industry, has announced the introduction of iCapital Model Portfolios. Today, the more than 100,000 U.S. Financial Advisors who use iCapital’s platform “can now access the first model portfolio, iMAP… Read More

Fintech Truflation Integrates Chainlink CCIP to Tap Cross-Chain TRUF Transfers

Truflation are pleased to announce Truflation integrated Chainlink CCIP, the industry standard for secure cross-chain interoperability, across the Arbitrum, Base, and Ethereum mainnets. They are leveraging CCIP’s Simplified Token Transfer capabilities “to facilitate cross-chain transfers of our native token TRUF, enabling  cross-chain payments for node… Read More

Fintech MangoPay Selects New VP of Risk Product

Payments and transfers Fintech Mangopay has announced a new VP of Risk Product, Ariel Shoham. He is expected to lead the vision, strategy and roadmap for Identity and Fraud Protection at Mangopay. For decades, Shoham has been engaged in AML/KYC, Regtech, and anti-fraud efforts. He… Read More

Crowded Introduces International Currency Transfers for Nonprofits, Supported by Visa Direct and Cross River

Crowded, a digital platform dedicated to providing nonprofits and membership organizations modern, tech-enabled financial services that meet their unique needs, announced a new collaboration with Visa, the digital payments provider, to implement Visa Direct. Powered by Cross River, a technology infrastructure provider “that offers embedded… Read More

Robinhood Shares Response to Receipt of Wells Notice from the US Securities and Exchange Commission (SEC)

Robinhood Markets, Inc. (NASDAQ:HOOD) announced that it had received a Wells Notice from the US Securities and Exchange Commission (SEC) staff. As reported on May 6, 2024, Robinhood Crypto (RHC) received a Wells Noticer “indicating [staff] will recommend that the Commission file an enforcement action.”… Read More

Visa and JP Morgan Payments to Enable Faster Money Movement in the US via Visa Direct

Visa Inc. (NYSE: V) and JP Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers by introducing faster domestic payments in the US through the Visa Direct network. With Visa Direct’s extensive… Read More

UK’s Metro Bank Provides £45M Invoice Finance Facility to Mach Recruitment

Mach Recruitment, a Leeds based specialist recruitment business has agreed a £45m invoice finance facility with Metro Bank. As a specialist recruitment business working in the ecommerce and food sectors, Mach Recruitment will use the financing “to support its acquisition ambitions and continued desire to… Read More

Revolut Introduces New Cryptocurrency Trading Platform for UK Retail Clients

Revolut has launched Revolut X, which is described as a standalone / independent cryptocurrency trading platform that’s offered to the Fintech firm’s UK retail clients. Revolut launched in the United Kingdom, providing fund transfers back in 2015 and started enabling users to purchase, hold and… Read More

Zūm Rails, Fiserv Partner on Neobank Services

Zūm Rails and Fiserv have partnered on a service that aims to enable US businesses with everything they need to offer direct bank-like services, without relying on a bank or other third-party providers. Zūm Rails describes itself as a Fintech that is leveraging open banking… Read More

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