Square Update: Reader Now Can Process Chip Cards in Just Two Seconds Without Signature Required by Samantha Hurst

Banking for the Cryptocurrency Age: Palladium to Purchase European Bank, Predicted to Become a “New Global Leader in Fintech”

At the beginning of July, a new blockchain startup in Malta was announced. Malta, being one of the most crypto friendly countries around, has become host to multiple exchanges and blockchain startups. In an industry not known for being humble, Palladium was revealed as the… Read More

OpenFin Appoints Former Deutsche Bank Executive Stephen Wood As New Global Head of Enterprise Deployment

U.S. fintech OpenFin announced on Wednesday it has appointed Deutsche Bank’s Head of Market Data, Risk, and Compliance, Stephen Wood, as its newly created Global Head of Enterprise. OpenFin reports that Wood brings to its team more than 20 years of financial services industry experience, along… Read More

UK Government Announces Winners of Prize by Tech Firms Helping UK Renters Boost their Credit Score

The UK government has announced the names of three Fintechs that have won their “Rent Recognition Challenge.” The competition was simple: find a way to incorporate rent within credit scores to make it easier for renters to gain a mortgage. The three firms are: Bud:… Read More

FinTech Australia Gains Backing of Government to Support Annual Fintech Conference Intersekt

FinTech Australia has shared that the Victorian Government will increase its support for Fintech by signing on to be the major sponsor of Intersekt for the next two year.  Intersekt is billed as the leading Fintech event in Australia. “The Victorian Government and Minister Dalidakis… Read More

Canadian Fintech Progressa Secures $84 Million Through Latest Equity Funding Round Led By Canaccord Genuity & Gravitas

Progressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it secured $84 million through its latest equity funding round, which was led by Canaccord Genuity and Gravitas with participation from Eight Capital and Paradigm… Read More

Monzo Announces New Joint Account Product

On Tuesday, UK-based challenger bank Monzo announced the launch of its new product, joint accounts. This news comes just a little over a week after the fintech revealed new accounts specifically for 16-17-year-olds. Monzo reported that for the past month its joint accounts have been available… Read More

PeerIQ CEO Ram Ahluwalia on OCC Fintech Charter: Consumers Win if it is Implemented Correctly

At the end of July, the US Department of Treasury published a wide-sweeping document on Fintech innovation in the US and what must be done to boost innovation in financial services. While much of the document addressed much needed regulatory reform and overlapping state and… Read More

VersaPay Debuts New Mobile App For Receivable Platform ARC

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Tuesday the launch of its new mobile app for its accounts receivable platform, ARC. According to VersaPay, the new app further enhances users’… Read More

Decentralized Crypto Trader Altcoin.IO Fundraising on Wefunder, Launches PlasmaDEX Updates

In July CipherTrace published a report on crypto theft and money laundering during Q2 2018 detailing a spike in crypto crime as thefts of digital assets via wallets and exchanges jump in value; as one may expect, money laundering is also a growing problem.  The CipherTrace 2018… Read More

Flux Announces Partnership With itsu to Deliver Paperless Receipts

UK-based fintech Flux recently announced it has formed a partnership with itsu, an Asian-inspired fast food shop and restaurant chain, to deliver paperless receipts. According to Flux, itsu are launching a Flux receipts trial across all stores in the UK in a push to continue driving a sustainable and… Read More