General News

October 3, 2021 @ 5:39 pm By Omar Faridi  |  

Bank of America (BoA) (NYSE: BAC) reveals that it has appointed Mary Hines Droesch to serve as its Head of Consumer and Small Business Products. Droesch brings over two decades of industry and senior management experience and deep product knowledge to Bank of America. Recently,… Read More

October 3, 2021 @ 5:25 pm By Omar Faridi  |  

Modularbank, the next-gen Core banking solution provider, recently revealed that it has launched its new corporate brand identity in order to “better reflect its company values and market offering.” The new company name is Tuum, which means “core” in Estonian, “highlighting both its native roots… Read More

October 3, 2021 @ 4:17 pm By Omar Faridi  |  

International payments provider Checkout.com reveals that it has appointed Leela Srinivasan as its Chief Marketing Officer and Kerry Van Voris as its Chief Human Resources Officer, both “formative executive appointments on the company’s exponential growth journey.” The announcement from Checkout.com also noted that the news… Read More

October 3, 2021 @ 3:04 pm By Omar Faridi  |  

PNC Bank (NYSE: PNC) and Akoya LLC have announced the banking institution’s integration with the Akoya Data Access Network. Over 9 million PNC clients are now enabled to “securely share their financial data with Fintechs and data aggregators with enhanced security through the application programming… Read More

October 2, 2021 @ 5:23 pm By Omar Faridi  |  

DelfinGroup launched its initial public offering (IPO) of 8 395 000 new shares on the Nasdaq Riga stock exchange this past Tuesday (September 28, 2021), and the public offer prospectus has been released. DelfinGroup’s management noted that the offering is currently available to retail investors… Read More

October 2, 2021 @ 2:55 pm By Omar Faridi  |  

Ontology Network, a high-performance, open-source blockchain focused on digital identity and data, writes in a blog dated October 1 that on September 21, 2021, Ontology, in collaboration with AP. LLC, a Japanese consulting company with “strong ties” to local research institutes and researchers, confirmed that… Read More

October 2, 2021 @ 8:47 am By Omar Faridi  |  

There have been many new developments in the banking and Fintech space with new research predicting growth across various areas of the fast-evolving sector. The team at payments specialist Banking Circle notes that they were recognized at Money 20/20 by two industry awards. Banking Circle… Read More

October 2, 2021 @ 8:43 am By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that the prospects of the United Kingdom’s macroeconomic environment are “becoming gradually more positive.” Blend Network writes in a blog post that the improvement is “reflected, among other factors, in job openings at a… Read More

October 1, 2021 @ 3:07 pm By Omar Faridi  |  

Cambridge Quantum (CQ) is pleased to confirm that the latest version of TKET (pronounced “ticket”), their high-performance hardware-agnostic quantum software development kit (SDK), is completely open-source. Ilyas Khan, CEO at CQ, noted that they had first announced that TKET would be “available on an ‘open-access’… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

September 29, 2021 @ 3:27 pm By Omar Faridi  |  

Elements Global Services, a tech firm and direct Employer of Record service provider that simplifies a firm’s international expansion efforts, augments its leadership team with the addition of three C-Suite executives to “further its position as a leading technology and HR solutions provider,” according to… Read More

September 29, 2021 @ 10:03 am By Omar Faridi  |  

Eventus Systems, Inc., an international provider of multi-asset class trade surveillance and market risk solutions, reveals that it has made several key appointments in Europe as part of the company’s growth in the region and globally. Bringing considerable experience into the new roles are Ollie… Read More

September 29, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

September 28, 2021 @ 11:39 am By Omar Faridi  |  

US-based Fintech Unicorn Current reveals that it has appointed Jodi G. to their leadership team as their General Counsel. Jod Golinsky brings to Current almost two decades’ of professional experience leading legal and compliance teams at financial services and Fintech firms. Recently, Jodi has been… Read More

September 27, 2021 @ 10:44 pm By Omar Faridi  |  

The Internet Computer Community has adopted the threshold ECDSA signatures Motion proposal. All Bitcoin keys and signatures are being generated by using ECDSA. An ECDSA signature allows us to share a public key and create a signature of certain data using their private key. This… Read More

September 27, 2021 @ 10:34 pm By Omar Faridi  |  

Encompass Corporation, the provider of intelligently automated Know Your Customer (KYC) solutions, reveals that it has appointed industry professional Howard Dilworth as the firm’s Head of Sales for its North America business operations. As first reported by Finextra, Howard brings over two decades of financial… Read More

September 27, 2021 @ 8:55 am By Omar Faridi  |  

PAX Technology, a leading payment terminal solutions provider, has unveiled the European launch of the M30 & M50 Android PayPhones (at the payment industry’s Money20/20 event in Holland on 21-23 September 2021). The M-series PayPhones are the “first-ever” smartphones with inbuilt point of sale (PoS)… Read More

September 26, 2021 @ 11:34 pm By Omar Faridi  |  

ekko, the transformative app, debit card and ecosystem which aims to make it “effortless to turn the tide on climate change,” has secured 114% (£342,825) of its £300,000 fundraising target via Seedrs with 18 days left in its sale. Based in London, the company is… Read More

September 26, 2021 @ 4:10 pm By Omar Faridi  |  

Zurich Insurance Group recently entered an international partnership with Toronto-headquartered Insurtech firm BOXX Insurance (BOXX), which offers integrated cybersecurity and insurance services to SMEs, individual consumers and families. As noted by its management, BOXX Insurance Inc. is a new type of insurance firm for “a… Read More

September 26, 2021 @ 2:46 pm By Omar Faridi  |  

The Board of Mox Bank Limited has confirmed the appointment of Barbaros Uygun as the  Chief Executive Officer of Mox and Executive Director of the Board “with effect from 27 September 2021.” After establishing a solid foundation for Mox over the past 3 years, Deniz… Read More