June 26, 2023 @ 7:32 am By Omar Faridi  |  

A newly released TransUnion and J.D. Power study shows that while most remain in positive equity positions, potential risk is “increasing among some consumers and lenders.” A return to a vehicle environment “closer to the pre-pandemic norm has allowed for inventories to replenish and for… Read More

June 26, 2023 @ 7:30 am By Omar Faridi  |  

Freetrade, which claims it is building the home screen app for your life savings, has raised 176% (£1,764,417.20) of its £1,000,000 target (from 3194 investors with 3 days left in the sale at the time of writing) through its crowdfunding campaign, carried out via Crowdcube…. Read More

June 26, 2023 @ 7:12 am By Omar Faridi  |  

Cleareye.ai, Inc., which claims to be the provider of a “category-leading” digital trade finance solution ClearTrade, for digital automation of trade compliance and operations, today announced it has secured a strategic investment from J.P. Morgan. The ClearTrade Platform, “built to revolutionize trade finance, is a… Read More

June 26, 2023 @ 5:40 am By Omar Faridi  |  

Squarespace, an e-commerce and website builder globally, has added Amaka’s Xero and MYOB accounting integrations to its Extensions marketplace. Amaka will reportedly “be a hand-picked third-party application that allows Squarespace users to manage and optimize their sites.” Gian Ottavio, Global Partnerships Lead at Amaka, said:… Read More

June 25, 2023 @ 7:58 pm By Omar Faridi  |  

Banking-as-a-Service Fintech Bankable has reportedly acquired Arex Markets, giving the combined business entity the capability to effectively embed credit and working capital into the payment channels of major neobanks, multinational/global brands as well as Fintech platforms. Financial terms of the transactions have not been shared… Read More

June 25, 2023 @ 7:25 pm By JD Alois  |  

The FATF (Financial Action Task Force) has just concluded its third Plenary under the Presidency of T. Raja Kumar of Singapore and has posted an update on the gathering. Amongst other hot topics, the group has bemoaned the slow pace of adoption of the FATF… Read More

June 25, 2023 @ 7:16 pm By Omar Faridi  |  

A provider of digital payment solutions in the Asia Pacific, AsiaPay has announced the partnership with PayMe by HSBC in Hong Kong “to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.” The partnership will… Read More

June 25, 2023 @ 7:12 pm By Omar Faridi  |  

Amidst all the bank failures, web3 hacks, and custodian collapses of the last year, “one thing is clear: self-custody is the only security model you can truly count on,” the team at Casa noted in a recent update. The best defense for your ether against… Read More

June 25, 2023 @ 7:07 pm By Omar Faridi  |  

Cashfree Payments, India’s leading payments and API banking company, announced the launch of CVV-free card payments for partner businesses. CVV-free payments allow customers “to experience faster, smoother, and more convenient checkouts for saved(tokenized) cards on major networks such as Visa, Mastercard, and RuPay.” By eliminating… Read More

June 25, 2023 @ 5:07 pm By JD Alois  |  

Seedrs CEO Jeff Kelisky says it is time to “double down on the bustling UK tech sector.” In a blog post, Kelisky noted that expectations are for VC funding in European startups to be over 50% less in 2023 than in 2021 due to the… Read More

June 25, 2023 @ 5:03 pm By Omar Faridi  |  

We recently connected with Dr. Ben Zhang, COO & Co-founder of NodeReal, which claims to be a one-stop blockchain infrastructure and service provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. They aim to provide scalable, reliable, and efficient blockchain… Read More

June 25, 2023 @ 4:59 pm By Omar Faridi  |  

Hi Marley, creators of the only digital collaboration platform built for the P&C insurance industry, introduced Collaboration Hub, a suite of tools designed “to make communication and collaboration between policyholders, carriers and the rest of the insurance ecosystem frictionless.” The Collaboration Hub, “part of Hi… Read More

June 25, 2023 @ 4:58 pm By Omar Faridi  |  

BlueSnap, a global payment orchestration platform of choice for leading B2B and B2C businesses, has recently announced their new partnership with Arbonne International, LLC, a global force in sustainable healthy living that sells products formulated to be vegan, non-GMO, gluten and cruelty-free including skincare and… Read More

June 25, 2023 @ 4:55 pm By Omar Faridi  |  

At Gemini, they claim to provide a seamless onramp “to the world of crypto for individuals, institutions, and businesses of all sizes.” Gemini‘s core products, the Gemini Exchange and Gemini Custody, “can be easily integrated with startups seeking a secure and compliant way to offer… Read More

June 25, 2023 @ 4:53 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has led a $10 million funding round for Neutron as part of its ongoing drive to support the development of secure DeFi infrastructure and tooling. The investment round was “co-led by CoinFund, with participation from… Read More

June 25, 2023 @ 12:46 pm By Omar Faridi  |  

SAP Fioneer, a global provider of financial services software solutions and platforms, has announced the launch of its Fioneer SME Banking Edition. The solution will “enable banks and neobanks to offer banking capabilities in a digital-first and data-driven approach, tailored to the financial needs of… Read More

June 25, 2023 @ 12:45 pm By Omar Faridi  |  

According to a new study by IDC Financial Insights supported by Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, spending “on legacy paytech is rising rapidly and damaging the growth prospects of banks around the world.” Global financial institution… Read More

June 25, 2023 @ 12:38 pm By Omar Faridi  |  

The multi-entertainment metaverse, MaziMatic, announced its anticipated partnership with Saitacard, a virtual crypto debit card, powered by ePayme, a recognized for its tap-to-pay feature through Apple and Google Pay with a spending limit of USD 50K and no KYC. Representing a milestone in the fintech-crypto… Read More

June 25, 2023 @ 12:35 pm By Omar Faridi  |  

Research from Vodeno/Aion Bank has recently revealed just how embedded banking adoption is “significantly boosting brand loyalty for companies, with consumers more likely to use embedded banking products from brands as a result of the cost-of-living crisis.” The European Banking-as-a-Service (BaaS) provider’s study “revealed that… Read More

June 25, 2023 @ 12:33 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced the launch of Payrailz Fraud Monitor, a cloud-native, AI-based feature of the Payrailz Digital Payments Platform that “provides real-time fraud detection when payment transactions are initiated.” This customizable, proprietary feature “supports person-to-person (P2P) payments, consumer and business bill payments, and… Read More