October 22, 2022 @ 2:56 pm By Omar Faridi  |  

The agreement between Danske Bank and the consortium of banks behind Vipps to merge MobilePay and Vipps has been “approved by all relevant authorities, including the EU Commission.” The parties expect “to complete the transaction during the fourth quarter of 2022.” The merger was “announced… Read More

October 22, 2022 @ 2:49 pm By Omar Faridi  |  

UK-based challenger bank Atom has appointed Andrew Marshall as the company’s chief financial officer. He will be replacing Atom co-founder David McCarthy whose departure was first reported  in September of this year. Marshall has reportedly worked at Atom for the past six years, holding several… Read More

October 21, 2022 @ 8:07 pm By Omar Faridi  |  

Plaid has launched a new data privacy product – Permissions Manager – which enables their financial services partners “to help put consumers in control of their own data from initial account connections to ongoing connection management.” Plaid’s consumer research has shown that today people “generally… Read More

October 21, 2022 @ 7:07 pm By Omar Faridi  |  

Uplinq Financial Technologies – which claims to be the first global credit assessment and scoring platform for SMB lenders – announced: “a $1.25 million investment from ATX Venture Partners, an early-stage venture capital firm based in Austin, Texas.” This announcement “comes after Uplinq raised $3.5… Read More

October 21, 2022 @ 6:34 pm By Omar Faridi  |  

NatWest Group plc has entered into a partnership with the Vodeno Group (comprising of Vodeno Limited and its subsidiaries) which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will “enable businesses to embed financial services products such as… Read More

October 21, 2022 @ 6:01 pm By Omar Faridi  |  

Financial institutions, fintechs and enterprise businesses can transform their card programs by empowering cardholders with new programmable payments capabilities from Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, and IncumbentFI, a provider of processing services that streamline collaboration between… Read More

October 21, 2022 @ 5:33 pm By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint “to include Japan and New Zealand. To date,… Read More

October 21, 2022 @ 4:15 pm By JD Alois  |  

  StartEngine, one of the largest investment crowdfunding platforms in the US, is reporting that it has surpassed one million users. While this does not necessarily mean one million active investors, there should be a high correlation between registered users and investors. StartEngine also shares… Read More

October 21, 2022 @ 3:44 pm By Omar Faridi  |  

Bookkeep, the “smarter” accounting automation platform, announced a $6.6 million seed+ round of funding led by Fin Capital, “with participation from existing investors TTV Capital, Argonautic Ventures, Lerer Hippeau, Haymaker Ventures, and others.” This investment round brings Bookkeep’s total funding “to $10 million, following a… Read More

October 21, 2022 @ 1:01 pm By Omar Faridi  |  

Relai, the Swiss bitcoin app, announces its partnership with Checkout.com, the global payments provider. The move reportedly makes Relai the “first and only” bitcoin company “to offer instant transactions through a wallet that’s entirely owned by the customer.” The partnership “means that Relai users will… Read More

October 21, 2022 @ 11:29 am By JD Alois  |  

As was previously reported, the compliance date for ECSPR, or European Crowdfunding Service Provider Regulation, has been extended from November 2022 to November 2023 for all EU member states. This means that platforms intending to offer securities crowdfunding across the EU now have another year… Read More

October 21, 2022 @ 11:03 am By JD Alois  |  

Global investment crowdfunding platform OurCrowd has partnered with India-based JITO Angel Network (JAN). According to multiple reports, the deal is for OurCrowd to provide access to investment opportunities for JITO’s members. OurCrowd is one of the largest digital VC platforms in the world that provides… Read More

October 21, 2022 @ 10:32 am By JD Alois  |  

Top crypto trading platform Bitso says it has surpassed 6 million users in Latin America while claiming it is in the midst of a growth spurt the fastest they have seen since its inception in 2014. Bitso states that in the past year, it has… Read More

October 21, 2022 @ 10:23 am By Omar Faridi  |  

UBS (SWX: UBSG) and Microsoft (NASDAQ: MSFT) announced a landmark expansion of their partnership “to accelerate UBS’s public cloud footprint over the next five years.” Through this transformational initiative, UBS plans “to have more than 50% of its applications, including critical workloads, running on Microsoft… Read More

October 21, 2022 @ 9:37 am By JD Alois  |  

This week, the US Department of Justice sentenced two individuals for a plot to steal crypto in a SIM Swap scam. SIM Swaps became a hot fraud ploy several years back as a way to steal digital assets – easily moved once stolen. Perps would… Read More

October 21, 2022 @ 8:24 am By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of secure authentication solutions, announced the launch of Verified 3.0, its next-gen platform that “delivers Human Factor Authentication (HFA).” authID’s Verified platform binds strong, “unphishable”, passwordless authentication “with biometric identity, which offers our customers a streamlined path to zero trust… Read More

October 21, 2022 @ 8:22 am By Omar Faridi  |  

Binance.US, the U.S. partner to the largest crypto exchange and “America’s home” to buy, sell, trade, convert and stake digital assets, announced the appointment of former Federal Bureau of Investigation agent, BJ Kang, “as the company’s first Head of Investigations.” In this role, BJ will… Read More

October 20, 2022 @ 11:17 pm By Omar Faridi  |  

Primer, which claims to be the world’s first automation platform for payments and commerce, and Coinbase (NASDAQ: COIN) have announced a strategic integration that “allows merchants in markets across the globe to add crypto as a standard method of payment at checkout.” Coinbase Commerce, Coinbase’s… Read More

October 20, 2022 @ 10:17 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN), which claims to be one of the largest banks in the world with over 157 million customers, and Forgepoint Capital, one of the “leading” venture capital firms focused on cybersecurity, announced a strategic alliance “to drive cybersecurity investment and innovation globally.”… Read More

October 20, 2022 @ 9:07 pm By Omar Faridi  |  

Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, announced its FinTech Integration Center, which “provides banks with secure, seamless connections to leading FinTech applications.” With the FinTech Integration Center, bank customers “can interact in real time with their banks directly from within… Read More