Global

April 3, 2023 @ 5:38 pm By JD Alois  |  

Acorns, an online investment platform providing access to securities, crypto, and banking services, has acquired UK-based Fintech GoHenry. GoHenry is a digital investment platform that targets younger investors, aiming to get them started on securing their financial future early in life. GoHenry is also a… Read More

April 3, 2023 @ 4:27 pm By Omar Faridi  |  

Blade Labs, Hedera’s wallet infrastructure provider, and the creators of the enterprise grade Blade Wallet, are announcing the launch of their suite of SDK integration products to further accelerate Web3 adoption. With the help of these new products, project developers can now quickly and easily… Read More

April 3, 2023 @ 3:04 pm By Omar Faridi  |  

Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures. Other contributors to the investment round “include Singularity Ventures and GTM Ventures.” The firm further reveals in a… Read More

April 3, 2023 @ 2:50 pm By Omar Faridi  |  

Surging oil prices are likely to mean higher interest rates “for longer as the price rally adds to inflationary pressures,” warns the CEO of an independent financial advisory, asset management and fintech organization. The warning from deVere Group’s Nigel Green comes as the price of… Read More

April 3, 2023 @ 1:58 pm By Omar Faridi  |  

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider, announced that its vendor partners Okta, the independent identity partner, and Socure, the  provider of digital identity verification and fraud solutions are offering Federal, State, and Local Government agencies identity management and verification technologies “to help… Read More

April 3, 2023 @ 1:01 pm By Omar Faridi  |  

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay’s payment on-ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes it easy for the public to access… Read More

April 3, 2023 @ 12:37 pm By Omar Faridi  |  

This final report – issued as part of the G20 cross-border payments program – focuses on facilitating increased adoption of payment versus payment (PvP) “to reduce foreign exchange (FX) settlement risk and improve cross-border payments.” It analyzes “the causes of non-PvP settlement, takes stock of… Read More

April 3, 2023 @ 12:27 pm By Omar Faridi  |  

Covéa, the car insurer in France with 10.7 million vehicles insured by its French brands MAAF, MMA and GMF, announces the use of Tractable‘s artificial intelligence technology “to accelerate claims processing nationwide in France.” Covéa has been working with Tractable since 2016 “to simplify claims… Read More

April 3, 2023 @ 11:27 am By Omar Faridi  |  

CSI, a provider of end-to-end fintech and regtech solutions, announced today it has partnered with Hawk AI, a global provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, “to deliver its latest products, WatchDOG Fraud and WatchDOG AML.” The products’… Read More

April 3, 2023 @ 10:52 am By Omar Faridi  |  

ING Bank N.V. has partnered with Salt Edge, which claims to be a pioneer in providing open banking solutions, “for leveraging the widest international bank connectivity and thus, unlocking a whole new range of open banking use cases for SME segments from various industries, corporate,… Read More

April 3, 2023 @ 10:36 am By JD Alois  |  

Compliance-first digital asset firm Paxos has announced that it has topped ten million “active” digital wallets globally, according to a release distributed by the firm. Paxos is a regulated blockchain infrastructure platform that has inked partnerships with some of the biggest names in Fintech, including… Read More

April 3, 2023 @ 9:15 am By JD Alois  |  

The spectacular collapse of Wirecard, once Germany’s largest Fintech, still reverberates within the country. While different pieces and parts have been sold off to various firms, the collateral damage continues, and new information continues to emerge. Today, EY – once the auditor of Wirecard, has… Read More

April 3, 2023 @ 8:27 am By Omar Faridi  |  

Fintech firm Rapyd reveals that 41% of global organizations believe that international business expansion is imperative “to ease their current trading concerns.” That’s according to a study released by global fintech-as-a-service partner Rapyd, which shows that a sizeable contingent of cross-border businesses are “looking to… Read More

April 3, 2023 @ 7:49 am By JD Alois  |  

Edda, a Paris-based Fintech, has announced a partnership with Innovation Bay, a community for startups based in Australia. Edda is a tool for professional investors that aims to create value by allowing users to see the value of their investments and the impact they generate… Read More

April 3, 2023 @ 6:42 am By Omar Faridi  |  

In yet another initiative with the aim of taking care of our planet, C6 Bank launched the Carbon Extract, being the “first” bank in Brazil to launch a tool of this type in its application. In this new bank tool, it is possible “to calculate… Read More

April 3, 2023 @ 4:17 am By Omar Faridi  |  

FedML announced $6 million in funding to spearhead a “collaborative AI” movement that empowers companies and developers to work together on machine learning tasks by sharing data, models and compute resources – “fueling waves of AI innovation beyond the largest technology companies.” To meet that… Read More

April 3, 2023 @ 3:51 am By Omar Faridi  |  

Climate and fintech company Agreena, whose soil carbon platform is one of the largest globally, announced its Series B raise of €46M. Led by Germany’s multi-stage investor HV Capital, the investment round “has an exciting composition of new investors including impact fund AENU and fintech-focused… Read More

April 3, 2023 @ 2:48 am By Omar Faridi  |  

The European Payments Council (EPC) has announced the appointment of Giorgio Andreoli as its new Director General, effective from 1 April 2023. He takes over from Etienne Goosse, who “stepped down after twelve highly successful years in the role.” Giorgio Andreoli reportedly “has extensive professional… Read More

April 3, 2023 @ 12:39 am By Omar Faridi  |  

Confluent Co-Founder and Board Member Neha Narkhede and former Meta engineering executive Sachin Kulkarni announced the launch of their newest company, Oscilar, with the goal of “solving one of the biggest challenges facing businesses and consumers: how to protect online transactions from fraud and theft.”… Read More

April 2, 2023 @ 11:39 pm By Omar Faridi  |  

Over the past few years, there has been a proliferation in the number of SaaS apps a person can use at their company “for HR admin work – worker contract creation, paid time off tracking, task management – the list goes on and on.” As… Read More