April 15, 2023 @ 2:46 pm By Omar Faridi  |  

iCapital, a global fintech platform driving access to alternative investment products in the wealth management industry, announced a collaboration with HSBC Asset Management (HSBC AM) “to widen access to its climate technology venture capital strategy (climate tech VC) for wholesale clients.” Using its technology, iCapital… Read More

April 15, 2023 @ 1:59 pm By Omar Faridi  |  

Stripe now enables merchants to embed the acceptance of digital payments, “with a full suite of developer-first tools that makes the entire payments experience seamless.” Stripe is not only a key player within Fintech, but has also “grown to become one of the most valuable… Read More

April 15, 2023 @ 12:17 pm By Omar Faridi  |  

DODO, an algorithm-driven and decentralized trading platform, has launched Alchemy Pay’s on & off ramp solution on its platform. Alchemy Pay’s payment ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes… Read More

April 15, 2023 @ 11:41 am By JD Alois  |  

The US Small Business Administration (SBA) has completed rules that aim to improve access to capital for small businesses in underserved communities, according to a statement by the agency. The final rule makes permanent a program for nonprofit lenders, and removes “outdated limits” on non-depository… Read More

April 15, 2023 @ 11:29 am By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families, announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. Matt Oppenheimer, CEO of Remitly, said: “We are delighted to welcome Phyllis and Ryno to Remitly’s… Read More

April 15, 2023 @ 11:26 am By Omar Faridi  |  

Andrew Bailey, Governor of the Bank of England, recently delivered a speech in which he commented on the major issues the UK faces, and tried to set out how they “fit together and the challenges they give rise to.” Baily said that in recent weeks,… Read More

April 15, 2023 @ 11:13 am By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, continues to see an increase in demand for customized white label funds among independent broker-dealers (IBDs) and registered investment advisors (RIAs) “seeking alternative asset allocations on behalf of their clients.” CAIS’ white label fund solutions–Custom Funds–”allows… Read More

April 15, 2023 @ 9:26 am By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, released the results of its latest survey, Controller’s Guidebook: The Great Recalibration – The Role of Technology in Retaining and Recruiting Accountants. Highlighting the impact of the talent crisis, The Great Resignation,… Read More

April 15, 2023 @ 9:23 am By Omar Faridi  |  

The Calgary Police Service and Chainalysis are together launching the Western Canada Cryptocurrency Investigations Centre, an innovative regional center that will enable law enforcement to tackle crime that takes place using blockchain technology. By bringing together law enforcement agencies and personnel from across Western Canada… Read More

April 14, 2023 @ 5:03 pm By Omar Faridi  |  

Regtech provider Know Your Customer is pleased to announce its latest strategic clients in Singapore: Volopay and Coda Payments. Know Your Customer’s compliance platform will aim to “streamline client onboarding and periodic review tasks for both clients, delivering a more seamless due diligence experience to… Read More

April 14, 2023 @ 4:50 pm By JD Alois  |  

Representative Patrick McHenry and Representative Ann Wagner have sent a letter to Securities and Exchange Commission Chair Gary Gensler criticizing him for neglecting the Commission’s mission to enable access to capital for businesses. McHenry is Chairman of the House Financial Services Committee, and Wagner is… Read More

April 14, 2023 @ 3:13 pm By Omar Faridi  |  

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

April 14, 2023 @ 3:12 pm By Omar Faridi  |  

Riskified (NYSE:RSKD), a key played focused on eCommerce risk intelligence, announced its partnership with Deloitte, which supports fraud and financial crime advisory services, to empower merchants “with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space.”… Read More

April 14, 2023 @ 12:59 pm By Omar Faridi  |  

New research on gig workers from Branch, the workforce payments platform that helps businesses accelerate payments to empower their workers, reveals the latest industry trends. The 3rd annual Branch x Marqeta Gig Payments Report surveys “the work and payments preferences of over 1,000 gig workers… Read More

April 14, 2023 @ 12:57 pm By JD Alois  |  

InvestEngine, a Fintech that offers commission-free ETF investing for individuals and small businesses, has closed its securities crowdfunding round, having raised £1.94 million, topping its goal of £1.25 million, according to an email from the company. This is the second time InvestEngine has leveraged Crowdcube… Read More

April 14, 2023 @ 12:19 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) re-opened comments on a proposed rule during a meeting of the Commission that in many respects raised more questions than provided answers. The proposed amendments to the definition of “exchange” under Exchange Act Rule 3b-16 were initially proposed in… Read More

April 14, 2023 @ 12:04 pm By JD Alois  |  

Regions Bank (NYSE:RF), a large regional bank based in Alabama, has selected Temenos (SIX: TEMN) to update its banking platform, bringing it into the Fintech era. Regions Bank has approximately $155 billion in assets, ranked at 227th in the US for consolidated assets as of… Read More

April 14, 2023 @ 9:56 am By Omar Faridi  |  

Changi Airport Group (CAG), in collaboration with Accenture (NYSE:ACN), has unveiled a metaverse experience called ChangiVerse, a fresh way for new audiences to connect with Singapore Changi Airport and explore its notable sights in the digital space. An immersive wonderland, ChangiVerse is reportedly “the first… Read More

April 14, 2023 @ 9:53 am By Omar Faridi  |  

The National Trust and Starling Bank have launched a three-year partnership aimed at ensuring more people “have access to nature, both now and in the future.” Through the partnership, it is “estimated that over 1 million people will be able to benefit from improved access… Read More

April 14, 2023 @ 8:24 am By Omar Faridi  |  

Dmitry Zlokazov, Head of Product at neobank Revolut, recently noted that the joint accounts feature should help the app become more social and “inclusive.” Revolut’s new joint account feature is available for consumers across Europe. As noted in the update from the Fintech firm, joint… Read More