General News

July 31, 2020 @ 3:44 pm By JD Alois  |  

  A 17-year-old teenager in Hillsborough County, Florida has been arrested in relation to the high profile Twitter (NYSE:TWTR) hack that recently occurred. Hillsborough county where Tampa is located.   BREAKING: Hillsborough State Attorney @AndrewWarrenFL announces arrest of 17-year-old Graham Ivan Clark in “Bit-Con” hack… Read More

July 31, 2020 @ 3:23 pm By Samantha Hurst  |  

  Global Digital bank FV Bank International Inc. announced on Thursday the launch of its online FV Bank. According to FV Bank, the platform will offer individual and business accounts to international clientele through an online-only banking platform. FV Bank noted it will focus on… Read More

July 31, 2020 @ 3:01 pm By Samantha Hurst  |  

Huobi Institution announced on Friday the launch of a digital asset management platform and custody services for institutions. According to Huobi, the platform matches qualified institutional investors and high-net-worth individuals with fully-vetted quantitative trading teams in a secure and reliable environment managed by Huobi. “Huobi’s new… Read More

July 31, 2020 @ 12:48 pm By JD Alois  |  

A report this week indicates that in aggregate, loan impairments from online lenders continue to decline. dv01, a data provider in the online lending sector that has partnered with over 25 issuers and provided securitization reporting and analytics on over $100 billion transactions across consumer… Read More

July 31, 2020 @ 9:04 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Friday it has launched Bitfinex Pulse on mobile, which will enable the exchange’s growing user base to obtain market-moving information on the go. According to Bitfinex, Bitfinex Pulse is a social network tailored to meet the needs of crypto… Read More

July 30, 2020 @ 9:52 pm By Samantha Hurst  |  

Global payments provider Paysafe announced on Thursday it has expanded its omnichannel payments offering for Bump 50:50, the Sportech division providing a digital raffle solution to sports and nonprofit charity foundations. Paysafe reported as North American in-stadium sports return, fans will be able to enter… Read More

July 30, 2020 @ 9:42 pm By Samantha Hurst  |  

RealPage, Inc. (NASDAQ: RP), a global provider of software and data analytics to the real estate industry, announced on Thursday it has launched online vendor payments, which are automating the entire vendor payment process from procurement to purchase order, invoice processing, and payment. According to… Read More

July 30, 2020 @ 3:33 pm By Samantha Hurst  |  

  CoinEx, a global and professional cryptocurrency exchange service provider, announced on Thursday the launch of a $50 million Ecosystem Development Fund to back visionary companies whose products and services will facilitate the development of CoinEx’s ecosystem. CoinEx reported that in addition to financial support,… Read More

July 30, 2020 @ 2:25 pm By Samantha Hurst  |  

Kong, a cloud connectivity company, announced on Tuesday Australia’s Xinja Bank has deployed Kong Enterprise to power its mobile banking platform.  Kong reported that with its service connectivity platform, Xinja may more effectively connect, secure, and manage all of its API and services. “As a… Read More

July 30, 2020 @ 10:21 am By Samantha Hurst  |  

Global fintech Circle announced on Thursday it has joined forces with digital asset prime brokerage firm Genesis to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. According to Circle and Genesis, the partnership includes a $25 million investment of capital into Circle… Read More

July 30, 2020 @ 9:22 am By JD Alois  |  

The Bank of England has announced that Accenture has been appointed as the “Technology Delivery Partner for the Real Time Gross Settlement (RTGS) service Renewal Programme.” RTGS is where financial institutions hold their sterling bank accounts. The Bank of England will work with Accenture to… Read More

July 29, 2020 @ 2:18 pm By Samantha Hurst  |  

SaaS fintech infrastructure development company Alchemy Technologies has formed a new partnership with payment and funding solution LoanPaymentPro to provide lenders and finance companies to provide multiple consumer-facing fund disbursement and payment products, as well as channels, which includes debit card validation, real-time push-to-card funding,… Read More

July 29, 2020 @ 12:45 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Wednesday it has acquired strategic assets from wealth management cloud platforms provider Advisor Software Inc. (ASI). Refinitiv reported that the acquisition adds key… Read More

July 29, 2020 @ 10:16 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has formed a partnership with global identity verification provider, Onfido, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes. “By integrating… Read More

July 29, 2020 @ 9:59 am By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Wednesday it secured $85 million through its latest investment round, which was led by Prosus’s PayU, at a $1.5 billion valuation. Generation Investment Management, Owl Rock Capital, Stripes, DN Capital, Top Tier, Princeville Global, and Threshold… Read More

July 29, 2020 @ 9:14 am By Samantha Hurst  |  

Niyo, India-based neo banking startup, announced on Wednesday it has acquired Goalwise, a wealthtech platform. Niyo reported that the acquisition is in line with its goal of building a comprehensive product suite for its users. “Apart from the DIY zero percent commission mutual fund product… Read More

July 29, 2020 @ 9:04 am By Samantha Hurst  |  

Button, a mobile commerce technology company, recently announced it has joined forces with Bits of Stock, the brand loyalty and investment app, to enable its users to discover in-app brand offers, shop, and earn fractional shares of stock. Button reported that through the integration, Bits… Read More

July 29, 2020 @ 7:46 am By Samantha Hurst  |  

Global payments provider Paysafe announced on Tuesday its latest research shows that subscription-based payments are set for significant growth, with 27% of consumers globally expect the number of subscription payments they make to increase over the next 12 months. According to Paysafe, The research surveyed… Read More

July 28, 2020 @ 3:32 pm By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Tuesday has teamed up with Microsoft (Nasdaq: MSFT) for digital commerce innovation push. According to the duo, this new collaboration will accelerate Mastercard Labs’ native research and development activities, as well as Azure and AI, to advance Mastercard Labs’ mission… Read More

July 28, 2020 @ 2:07 pm By Samantha Hurst  |  

Deutsche Bank announced on Monday it will enable global fintech Airwallex to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong. According to Deutsche Bank, the solution will further allow Airwallex to seamlessly process and convert cross-border payments made to… Read More