General News

July 17, 2020 @ 4:13 pm By Samantha Hurst  |  

Aliant Payments, a U.S.-based merchant services and payment processing provider, announced this week the launch of CryptoBucks, which is a mobile app designed to enable merchants to securely accept crypto payments from any device. According to Aliant Payments, the launch of CryptoBucks represents a new… Read More

July 17, 2020 @ 10:34 am By JD Alois  |  

Twitter continues to dig through the rubble following the epic Twitter hack that saw approximately 130 high profile Twitter accounts hijacked with Tweets distributing a Bitcoin trap for the unsuspecting. Thank you for your continued patience and understanding while we investigate this incident. We’ll continue… Read More

July 17, 2020 @ 9:30 am By Samantha Hurst  |  

Fifth Third Bank announced on Thursday it has formed a new partnership with Trust & Will to help its customers protect and secure their families’ financial futures. Fifth Third Bank reported that through the collaboration, customers will be able to prepare an estate plan online… Read More

July 16, 2020 @ 10:25 pm By Samantha Hurst  |  

LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce,  announced on Wednesday the launch of its Lending Operating System (LOS), SDKn, which creates an instant consumer credit pre-approval platform for businesses of all sizes offering affordable financing options to the widest… Read More

July 16, 2020 @ 9:53 pm By Omar Faridi  |  

HSBC, a British multinational bank and financial services holding company with over $2.5 trillion in total assets, has partnered with the Hong Kong Science and Technology Parks Corporation (HKSTP) in order to assist startups with their Open Banking programs (in Hong Kong). The API EcoBooster… Read More

July 16, 2020 @ 4:08 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Thursday it has acquired Instantor, a European provider of credit decision solutions based on open banking technology. Tink reported that the acquisition is part of its strategy to continue to invest in… Read More

July 16, 2020 @ 9:36 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has formed partnerships with key players of India’s payments ecosystem, which includes Paytm Payments Bank, PhonePe, PayU, Citibank, DBS Bank, HDFC Bank, BharatPay, and Unimoni, to roll out a comprehensive payment service… Read More

July 16, 2020 @ 8:53 am By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Wednesday it has further grown its list of expansive trading instruments by adding new assets and trading pairs. PrimeXBT reported that it has offered all of the major forex currencies, such as  USD, GBP, EUR, and JPY, making up… Read More

July 16, 2020 @ 7:38 am By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it reached its extended fundraising goal of $17,000,000 in partnership with BnkToTheFuture. According to Celsius Network, more than 700 qualified investors from all over the world have already participated in the round since June…. Read More

July 15, 2020 @ 9:50 pm By Omar Faridi  |  

Payments giant Visa (NYSE: V) is reportedly set to enter the emerging installment payments sector. Visa’s management said the firm is currently working with several partners on various initiatives in the US. Installment payments, where consumers at the point-of-sale are able to pay off their… Read More

July 15, 2020 @ 6:00 pm By JD Alois  |  

Twitter (NYSE:TWTR) was hacked today and the perps used prominent accounts to pilfer crypto, according to multiple reports. Apple, Uber, Elon Musk, Bill Gates, Joe Biden, Warren Buffet, and yes, even Kanye West more were said to be targets of the scam. The Tweets were… Read More

July 15, 2020 @ 2:34 pm By Samantha Hurst  |  

Cross-border payment platform Currencycloud announced on Wednesday it has been granted an e-money license from the Dutch Central Bank (De Nederlandsche Bank), allowing it to continue operating across the EU. According to Currencycloud, the license is one of only seven issued to non-banks by the… Read More

July 15, 2020 @ 2:25 pm By Samantha Hurst  |  

Digital bank Revolut announced on Wednesday that Revolut U.S. has officially made its debut. According to Revolut, U.S. customers are now able to buy, hold, and exchange Bitcoin as well as Ethereum. Users may also automatically round-up their spare change from their Revolut card into… Read More

July 15, 2020 @ 2:15 pm By Samantha Hurst  |  

BitGo, digital asset financial services provider, announces API support for the Financial Action Task Force (FATF) Travel Rule. BitGo claims it is the first wallet provider to come to market with a solution for the Travel Rule for its cold and hot wallet services by… Read More

July 15, 2020 @ 1:40 pm By Samantha Hurst  |  

Global payables platform Tipalti announced on Wednesday it has surpassed $11 billion in annual transactions. Tipalti reported that despite the economic headwinds caused by the COVID-19 pandemic, it has continued to achieve high growth, ending the second quarter of 2020 at an over 80% growth… Read More

July 15, 2020 @ 12:57 pm By Samantha Hurst  |  

Bond Financial, a U.S. fintech platform, announced on Wednesday it secured $32 million through its Series A funding round, which was led by Coatue with participation from existing seed investor Canaan and new strategic investors Goldman Sachs and Mastercard.  Founded in 2019, Bond states its on… Read More

July 15, 2020 @ 10:24 am By Samantha Hurst  |  

Digital Asset, the creators of the open-source DAML smart contract language, announced on Tuesday VMware has joined its Series C funding round, which was announced in December 2019. VMware notably joins technology leaders Salesforce Ventures and Samsung Venture Investment Corp (Samsung) as investors in Digital Asset… Read More

July 15, 2020 @ 9:52 am By Samantha Hurst  |  

Open banking platform Railsbank recently announced it has formed a partnership with Portugal-based The Fintech House. According to Railsbank, The Fintech House started in 2019 and is an initiative of Portugal Fintech. “[The Fintech House] was a natural step to keep developing this ecosystem after… Read More

July 14, 2020 @ 10:35 pm By Omar Faridi  |  

JustUs technology has reportedly been used to develop a new platform that will focus on assisting businesses that are not able to qualify for the UK government’s COVID-19 financial relief schemes. A community-interest organization has been established by a number of Fintech companies, called ExcludedUK,… Read More

July 14, 2020 @ 3:19 pm By Samantha Hurst  |  

Independent digital wealth management platform Marstone announced on Tuesday it has teamed up with custody and learning engine Apex Clearing to launch a fully integrated digital wealth solution. According to the duo, this new partnership will benefit investment management firms, insurance companies, and organizations with… Read More