General News

August 1, 2018 @ 8:02 pm By JD Alois  |  

The co-founders of the Crypto Invest Summit, Josef Holm and Alon Goren, have announced the launch of a new fund Goren Holm Ventures (GHV). The fund will invest in promising blockchain and cryptocurrency projects including all types of digital assets, blockchain or distributed ledger technology… Read More

August 1, 2018 @ 3:45 pm By Samantha Hurst  |  

Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, recently announced the launch of its enhanced education platform on the Millennium Alternative Investment Network (MAIN). According to Millennium Trust Company, MAIN is a free research, education, and alternative investment… Read More

August 1, 2018 @ 11:34 am By Samantha Hurst  |  

Radar Relay, a U.S.-based cryptocurrency exchange, announced earlier this week it secured $10 million through its Series A funding round, which was led by Blockchain Capital, with participation from Digital Currency Group, Distributed Global, Elefund, and Tusk Ventures. Radar Relay notably facilitates wallet-to-wallet trading using an open… Read More

August 1, 2018 @ 9:12 am By Samantha Hurst  |  

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced on Wednesday it has launched of its digital payment product, secureEFT, in South Africa. According to Wirecard, secureEFT is an instant electronic funds transfer payment service that allows customers to make secure online… Read More

July 31, 2018 @ 11:45 am By Samantha Hurst  |  

Al Hilal Bank announced on Tuesday it has formed a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE. According to Al Hilal Bank, the Memorandum of… Read More

July 31, 2018 @ 8:45 am By Samantha Hurst  |  

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

July 31, 2018 @ 2:15 am By Erin Hobey  |  

When discussing key issues facing crypto and blockchain and other Nakamoto networks, the possibility and ability of scaling these networks has been the primary concern and focus. Dash, a digital currency for payments and e-commerce, partnered with the Arizona State University Blockchain Research Lab to explore… Read More

July 30, 2018 @ 3:41 pm By JD Alois  |  

The Chamber of Digital Commerce’s and their Token Alliance, an initiative of more than 350 blockchain and token experts from around the globe, has published a set of guidelines to help shape the responsible growth of the token and initial coin offering (ICO) markets. The document called Understanding Digital Tokens:… Read More

July 30, 2018 @ 2:20 pm By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday it has formed a strategic partnership with  BlueVoyant, a next-generation cybersecurity company, to deliver a comprehensive managed security platform that specifically addresses the unique needs of financial institutions – from threat detection, response… Read More

July 30, 2018 @ 10:43 am By Samantha Hurst  |  

PayPay Corporation, a joint venture created by SoftBank Corp. and Yahoo Japan Corporation, announced on Monday it will launch “PayPay” smartphone payment services using barcodes (QR code) this upcoming fall. PayPay Corporation reported it will team up with India’s largest digital payment company Paytm, a… Read More

July 30, 2018 @ 8:55 am By Samantha Hurst  |  

On Friday, Chase announced that Chase Pay customers with compatible flagship Samsung Galaxy smartphones now have the option to link Chase Pay to Samsung Pay. According to the banking giant, the new feature with Samsung Pay will allow customers to be able to use Samsung Pay’s… Read More

July 29, 2018 @ 10:58 am By JD Alois  |  

FinTech Australia CEO Brad Kitsche expects this year’s annual event to be huge in comparison to last few years. The touchstone conference Intersekt will be adding an extra day and will seek to bring in the participation of all Australian Fintech firms. As part of… Read More

July 27, 2018 @ 6:55 pm By Samantha Hurst  |  

U.S. payment firm Stripe announced earlier this week the launch of its new feature, Stripe Issuing, which is described as an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards. According to Stripe, Stripe Issuing’s infrastructure that allows users to create employee expense cards with… Read More

July 26, 2018 @ 9:22 am By Samantha Hurst  |  

OpenInvest, an impact investing platform empowering individuals to drive social change with their dollars, announced on Thursday it secured $10.4 million through its Series A funding round, which was led by QED Investors, with additional participation from Andreessen Horowitz (who led OpenInvest’s previous venture round in… Read More

July 26, 2018 @ 8:40 am By Samantha Hurst  |  

Five Degrees, a Netherlands-based fintech, announced on Thursday it has acquired Libra, a provider of core banking IT systems in the financial sector in Iceland. Five Degrees reported that the acquisition boosts its international growth ambitions, enabling the company to offer its full-service proposition of… Read More

July 26, 2018 @ 7:09 am By Erin Hobey  |  

Crossflow, a working capital marketplace for corporates and their supply chains, announced positive annual results. Launched in 2014, the Brexit neutral platform (Crossflow is domiciled in the Republic of Ireland) aims to allow financial institutions to cost-effectively finance corporates and suppliers in a click. Crossflow, a member… Read More

July 26, 2018 @ 6:17 am By Erin Hobey  |  

European P2P platform Robo.cash, which offers automated investments in the portfolio of the lending companies, has reportedly facilitated funding of half a million loans totaling over €40 million on the heels of reaching a $4M in attracted investments milestone and entrance into Kazakhstan through its partnership with alternative lender… Read More

July 25, 2018 @ 2:33 pm By Samantha Hurst  |  

Binance Blockchain Charity Foundation, a blockchain technology empowered charitable foundation, announced on Wednesday it has established in Malta and has signed a Memorandum of Understanding (MoU) with The President’s Trust. Binance Blockchain Charity Foundation is described as a blockchain enabled charity foundation established and mainly funded… Read More

July 25, 2018 @ 12:23 pm By Samantha Hurst  |  

MoneyGram (NASDAQ: MGI) recently announced it is extending its digital money transfer services in five new countries. According to MoneyGram, customers in Australia, the Netherlands, Belgium, Portugal, and Austria may now send money 24/7 directly to more than two billion bank accounts and mobile wallets or to any MoneyGram location in over 200 countries… Read More

July 25, 2018 @ 8:43 am By Samantha Hurst  |  

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it has joined the ADP Marketplace, an HCM industry’s ecosystem for business applications, to offer its full suite of employment-centric financial wellness solutions. PayActiv reported that through the integration, ADP clients gain access to… Read More