October 16, 2022 @ 3:39 pm By Omar Faridi  |  

Launchnodes recently announced the rollout of Geth Nodes for Ethereum staking on AWS, following Ethereum’s successful ‘Merge’ in late September 2022. Using Geth nodes (execution layer clients) on AWS is “a cheap and easy way to enable staking through any consensus layer client when staking… Read More

October 16, 2022 @ 2:13 pm By Omar Faridi  |  

Northstar, the financial wellness benefit for employees, announced it has raised $24.4 million in new funding “led by GGV Capital and joined by new investors PayPal Ventures, Thomson Reuters Ventures, and Canvas Ventures.” Existing investors in the investment round included M13, Workday Ventures, Parade Ventures,… Read More

October 15, 2022 @ 7:43 pm By Omar Faridi  |  

BlueSnap, a global payment orchestration platform of choice for leading B2B and B2C businesses, announced a partnership with BitPay, which claims to be the largest provider of Bitcoin and cryptocurrency payment services. This product partnership will “give businesses the ability to accept and get paid… Read More

October 15, 2022 @ 4:32 pm By JD Alois  |  

Last week, Senator John Hickenlooper sent a letter to SEC Chairman Gary Gensler criticizing the SEC’s inability to provide bright-line rules on digital assets. One of the most interesting aspects of the letter is that it came from a Democrat Senator who is chastizing an… Read More

October 15, 2022 @ 3:36 pm By Omar Faridi  |  

Erica, which is described as the “most advanced” and “first” widely available virtual financial assistant, has surpassed 1 billion interactions with Bank of America (NYSE: BAC) clients. The technology, powered by artificial intelligence (AI), officially “launched in 2018 and has since helped nearly 32 million… Read More

October 15, 2022 @ 3:28 pm By JD Alois  |  

This past week, the SEC’s Small Business Capital Formation Advisory Committee met to discuss several key topics regarding access to capital and smaller firms. One of the topics revolved around initial public offerings (IPOs), a sector of finance that tanked in 2022. In fact, according… Read More

October 15, 2022 @ 2:49 pm By Omar Faridi  |  

Crypto.com, which claims to be the world’s fastest growing cryptocurrency platform, announced it will “invest €150 million in France to support the establishment of its market operations, including a regional headquarters in Paris.” This investment “follows Crypto.com being registered as a Digital Asset Service Provider… Read More

October 15, 2022 @ 2:34 pm By Omar Faridi  |  

Blockchain.com, a leading crypto wallet provider, digital asset trading platform, and block explorer service provider, recently revealed that it has “secured an in-principle approval for the Major Payment Institution License offering Digital Payment Token services from the Monetary Authority of Singapore (MAS).” With this preliminary… Read More

October 15, 2022 @ 2:32 pm By Omar Faridi  |  

Zumo, the UK-based wallet and crypto-as-a-service enterprise solution provider, has announced at Sibos 2022 that it has “become the latest member of the World Economic Forum’s Crypto Sustainability Coalition.” Part of the wider Crypto Impact and Sustainability Accelerator, the newly formed coalition will explore “how… Read More

October 14, 2022 @ 8:05 pm By Omar Faridi  |  

Astra, a provider of instant card-to-card funding as a service in the U.S., announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture in… Read More

October 14, 2022 @ 7:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that TradeNeXus, a GlobalLink digital platform for foreign exchange transactions and an integral part of State Street’s Digital Division, has partnered with Capitolis, the technology company “reimagining” capital markets, “to launch an automated post-trade solution to optimize portfolios.” This… Read More

October 14, 2022 @ 6:25 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced the launch of Smart Claims, a new product offering designed “to help businesses manage chargebacks more effectively.” By connecting order and claims data across different payment systems into a single, consolidated view, Smart Claims “enables merchants to… Read More

October 14, 2022 @ 6:11 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) and Bank Indonesia recently announced the winners of the G20 TechSprint 2022 challenge during a live award ceremony in Jakarta. This year’s competition, under the Indonesian G20 Presidency, was launched in April to catalyze new technologies that “would better… Read More

October 14, 2022 @ 5:23 pm By Omar Faridi  |  

Creators are driving a “revolution” in digital commerce and culture – producing content that entertains, engages, and “educates online communities in powerful new ways.” To serve this growing category of small business, Visa (NYSE: V) announced “the launch of the Visa Ready Creator Commerce program.”… Read More

October 14, 2022 @ 5:19 pm By Omar Faridi  |  

Profile Software, a financial solutions provider, has announced that UBCI (Union Bancaire pour le Commerce et I’Industrie) has selected Acumen.plus, the internationally implemented Treasury Management solution, “to effectively cover the entire spectrum of treasury and streamline their operations in the most efficient way.” The solution,… Read More

October 14, 2022 @ 3:58 pm By JD Alois  |  

Real estate investment platform Fundrise is out with its Q3 investor letter profiling its performance. Fundrise is a platform that offerings fund like vehicles that invest in various real estate or property assets.  The offerings are available to both non-accredited and accredited investors as they… Read More

October 14, 2022 @ 3:35 pm By JD Alois  |  

NYDIG, a Bitcoin gateway platform providing various crypto services, has quietly reduced its employee account, according to a recent report. WSJ.com writes that about one-third of its staff, or 110 individuals, have been let go. The move follows a change in executive leadership that was… Read More

October 14, 2022 @ 1:35 pm By Omar Faridi  |  

YuLife, the tech-driven financial services brand on a mission to inspire life, recently announced that funds and accounts advised by T. Rowe Price Associates, Inc. have joined as investors in the company, “having participated in YuLife’s recent Series C funding round.” The investment, along with… Read More

October 14, 2022 @ 1:07 pm By Omar Faridi  |  

Icertis, the contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management (CLM), recently announced the launch of Icertis Contract Intelligence (ICI) for Banking and Financial Services. The CLM solution is “packaged with out-of-the-box functionality that includes a range of contract… Read More

October 14, 2022 @ 12:37 pm By JD Alois  |  

Exodus Movement (tZERO: EXOD, Securitize Markets: EXOD), the first company to reach the funding cap under Reg A+ – raising $75 million, has scheduled its earnings call for November 9 at 330PM ET. Exodus, a firm that trades a digital security, raised capital from over… Read More