July 1, 2023 @ 5:02 pm By Omar Faridi  |  

CertiK is embarking on an innovative journey with Coala Pay, a platform spearheaded by seasoned humanitarians, to redefine the existing approach to last mile grants management. Coala Pay says that it “facilitates seamless and borderless aid funding, while insulating donor funds from foreign currency risks,… Read More

July 1, 2023 @ 5:01 pm By Omar Faridi  |  

GSB, a nearly $1 billion community bank serving the state of Connecticut, today announced an enhanced digital onboarding experience for consumer deposit accounts, with plans to update its business onboarding experience later this year. Customers can now “open checking, savings, money market, and CD accounts… Read More

July 1, 2023 @ 4:32 pm By Omar Faridi  |  

Trulioo, a global identity verification platform, announced it has experienced 586% growth adoption of its Know Your Business (KYB) verification services since 2020 in the United States. Financial services companies and ecommerce marketplaces “have driven the adoption increase as they adjust to new and evolving… Read More

July 1, 2023 @ 4:29 pm By Omar Faridi  |  

Institutional users recognize the long-term potential of crypto assets, according to a recent report by Binance Research which surveyed 208 respondents on their attitudes, preferences, and motivations toward cryptocurrency investments. Positive and Long-Term Outlook On Crypto as an Alternative Asset Class The Institutional Crypto Outlook… Read More

July 1, 2023 @ 4:26 pm By Omar Faridi  |  

Volante Technologies, which claims to be the global leader in cloud payments modernization, announced it has been working with a leading U.S. banking customer in order to “help the custodian bank successfully complete pilot testing on the FedNowSM instant payments service.” The comprehensive pilot test… Read More

July 1, 2023 @ 11:21 am By Omar Faridi  |  

The team at Nine25 is pleased to announce the ability to purchase Bitcoin via their platform (coming soon). Starting now, Nine25 aims “to establish itself as the most convenient platform for acquiring Bitcoin.” At Nine25, their goal is “to ensure financial independence for everyone.” They… Read More

July 1, 2023 @ 10:20 am By Omar Faridi  |  

OCBC (SGX: O39) has launched a fully digital account opening service for consumers in its key markets who are relocating to Singapore. These individuals from Malaysia, Indonesia, mainland China and Hong Kong SAR will be able to “open Singapore dollar and multi-currency accounts on the… Read More

July 1, 2023 @ 9:18 am By Omar Faridi  |  

PETRONAS has announced the selection of 20 startups from across Asia Pacific to participate in the third edition of PETRONAS FutureTech, an intensive technology accelerator program. FutureTech 3.0, “co-organized with StartupX Pte. Ltd., a Singapore-based innovation, venture and startup enabler, marks a significant milestone as… Read More

July 1, 2023 @ 6:59 am By Omar Faridi  |  

In efforts to further strengthen its online banking ecosystem and protect its customers, Maybank announced that it has successfully completed the migration to Secure2u for online banking services including bill payments and DuitNow, FPX and IBG transactions. Maybank is fully supportive of and has “completed… Read More

July 1, 2023 @ 6:24 am By Omar Faridi  |  

Brex, the fully unified global spend platform, announced that Jason Mok has joined Brex to support the firm’s commitment to serving startups and their founders. Coming from venture firm Andreessen Horowitz, Mok joins “at a pivotal time for startups and Brex as more founders than… Read More

July 1, 2023 @ 6:13 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a venture firm and an early investor in Lemonade, in order “to create Synthetic Agents, a novel financial structure that unlocks growth without depleting… Read More

July 1, 2023 @ 6:11 am By Omar Faridi  |  

Square announced the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that help businesses simplify their cash flow management and consolidate their finances. The Square Credit Card, running on the American Express network, “gives… Read More

July 1, 2023 @ 6:08 am By Omar Faridi  |  

The Global Entrepreneurship Network (GEN) and Hello Alice, the fintech helping over one million small businesses access capital, announced the creation of a $70M Equitable Access Fund, with initial funding “led by Wells Fargo, that will be developed and deployed over the next five years… Read More

June 30, 2023 @ 10:47 pm By Omar Faridi  |  

Revolut, the global financial super-app with more than 30 million customers globally, has launched a Robo-advisor in the US. The new feature “manages investment portfolios on behalf of customers to remove the friction from investing with lower fees than traditional companies.” Based on responses from… Read More

June 30, 2023 @ 10:45 pm By Omar Faridi  |  

Driven by the banking giants’ continuous quest for digital excellence and in line with its ambitious transformation strategy, the financial service provider announced the launch of DIB alt, which is described as “a full-fledged digital umbrella brand to house all of the bank’s digital offerings… Read More

June 30, 2023 @ 10:43 pm By Omar Faridi  |  

Salesforce launched Personalized Financial Engagement, a new solution to help financial institutions use AI, real-time data and CRM to manage customers’ financial plans and deliver intelligent, personalized financial insights at scale. And with Financial Services Cloud, Marketing GPT and Data Cloud, marketers at financial institutions… Read More

June 30, 2023 @ 10:41 pm By Omar Faridi  |  

Sologenic, a global firm focused on blockchain tokenization technology, announces the launch of two solutions: SOLONEX, an asset tokenization brokerage solution, and a specialized custom-built CBDC Tokenization Solution. Geared at facilitating financial transactions and asset management, these solutions will aim to bridge the gap between… Read More

June 30, 2023 @ 7:33 pm By Omar Faridi  |  

Gr4vy, the Cloud-native payments infrastructure company, announced a new investment from W23, Woolworths Group’s venture capital arm. This strategic investment expands “on an existing partnership and reflects continued confidence in Gr4vy from Australia and New Zealand’s largest retailer.” Gr4vy previously “raised $27.2M in total funding… Read More

June 30, 2023 @ 5:56 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced a strategic implementation partnership with BDO Germany to implement FloQast in the DACH (Germany, Austria, and Switzerland) region. Through the partnership, FloQast will leverage BDO Germany’s expertise “to continue international expansion… Read More

June 30, 2023 @ 5:50 pm By Omar Faridi  |  

SavvyMoney, a company powering innovative, market-leading credit score solutions, today announced that Chris Fraenza has been promoted to Chief Revenue Officer. As mentioned in the update, Chris had previously “served as the Senior Vice President of Sales and Partnerships, tasked with leading the company’s growth… Read More