October 2, 2022 @ 10:55 pm By Omar Faridi  |  

Maybank will fully migrate to a more secured authentication method via Secure2u by June 2023 for online activities or transactions “relating to account opening, fund transfers and payments as well as changes to personal information and account settings.” This is in line with Bank Negara’s… Read More

October 2, 2022 @ 10:53 pm By Omar Faridi  |  

ChainUp, which claims to be one of the leading blockchain technology service providers, celebrated its fifth anniversary on September 25, 2022 at the SKAI – Swissotel the Stamford, with an evening of announcements of new initiatives and partnerships. ChainUp reportedly “introduced its newly appointed Board… Read More

October 2, 2022 @ 5:46 pm By Omar Faridi  |  

NdcTech, a global IT and consulting company providing transformational services for Banks and financial institutions has announced a collaboration with Red Hat, which claims to be the leading provider of enterprise open source solutions, “to deliver solutions based on cloud-native, open-source technologies in support of… Read More

October 2, 2022 @ 5:33 pm By JD Alois  |  

In November of 2021, the European Union adopted new rules that allow securities crowdfunding platforms to raise capital across all member states. The move has been welcomed by the industry as it will remove national barriers enabling firms to raise up to €5 million across… Read More

October 2, 2022 @ 4:04 pm By Omar Faridi  |  

ADAC Finanzdienste GmbH and Solarisbank AG will cooperate on the ADAC credit card program in the future. Solaris will “replace Landesbank Berlin (LBB) as co-branding partner for the ADAC credit card in the second half of 2023.” Until then, the partnership with LBB “will continue.”… Read More

October 2, 2022 @ 1:36 pm By Omar Faridi  |  

Joompay, a pan-European fintech start-up, celebrates the milestone of 250,000 accounts. Users can open an account online in “a manner of minutes, get a Visa payment card and immediately start saving on their purchases with select merchants, such as Joom Marketplace.” Joompay sees that among… Read More

October 2, 2022 @ 1:11 pm By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) sued MoneyLion Technologies, an online lender, and 38 of its subsidiaries, “for imposing illegal and excessive charges on servicemembers and their dependents.” The CFPB alleges that MoneyLion “violated the Military Lending Act by charging more than the legally allowable… Read More

October 1, 2022 @ 9:46 pm By Omar Faridi  |  

One Inc, the payments network for the insurance industry, announced that Germania Insurance, the largest farm mutual insurance company in Texas, has selected One Inc’s ClaimsPay and PremiumPay products “for a fully integrated and digitized customer payment disbursement experience.” The implementation will “create a more… Read More

October 1, 2022 @ 7:23 pm By Omar Faridi  |  

A year after its successful pilot launch, Amazon (NASDAQ: AMZN) announced that it will roll out the Amazon Community Lending program as a long-term offering “to help even more sellers grow.” In partnership with B.S.D. Capital, Inc. dba Lendistry, this program will “continue to support… Read More

October 1, 2022 @ 6:44 pm By Omar Faridi  |  

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced the public launch of Flume, an FDIC-insured digital wallet uniquely designed “to bridge the digital divide for millions of small-and-medium-sized businesses (SMBs) in the U.S.” Flume is provided by… Read More

October 1, 2022 @ 6:02 pm By Omar Faridi  |  

Railsr, the global embedded finance experiences platform, is partnering with DND Finance (DND), a multinational commercial equipment finance provider, “to launch the Score Credit Mastercard.” Branded as the Score Credit Mastercard by DND, it is “aimed at personal users and business owners with a less-than-perfect… Read More

October 1, 2022 @ 4:55 pm By Omar Faridi  |  

HPS, the global provider of payment solutions and services, announced it has obtained a principal membership license from Visa, the world leader in digital payments, which will enable HPS’ clients “to join the global Visa payments network.” In addition to HPS’ full processing capabilities, HPS… Read More

October 1, 2022 @ 3:17 pm By Omar Faridi  |  

Uplinq Financial Technologies – which claims to be the first global credit assessment and scoring platform for SMB lenders – announced the addition of Daniel Moore to its advisory board, where he will “help guide Uplinq’s strategic direction.” Moore previously “served as Chief Risk Officer… Read More

October 1, 2022 @ 2:37 pm By Omar Faridi  |  

Monnai, a global infrastructure provider for consumer insights, announced its $3.15 million seed round led by Better Tomorrow Ventures “with participation from Commerce Ventures, Kearny Jackson and 9Yards Capital.” This new investment round “marks the company’s 1-year anniversary and follows an initial pre-seed raised at… Read More

October 1, 2022 @ 2:17 pm By Omar Faridi  |  

On stage at Converge22, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. The announcement “includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of… Read More

October 1, 2022 @ 1:53 pm By JD Alois  |  

Wefunder, a funding portal that is a top Reg CF investment crowdfunding platform, has returned to HoneyComb Credit to raise another funding round. HoneyComb is a bank replacement funding portal that typically provides small businesses with an alternative path for business loans that are financed… Read More

October 1, 2022 @ 1:41 pm By Omar Faridi  |  

Treasury Prime, a Banking-as-a-Service (BaaS) company, announced a partnership with Bangor Savings Bank in order to deliver its BaaS offerings to the bank and companies it partners “within the financial services industry.” By partnering with Treasury Prime, Bangor Savings Bank will “be able to work… Read More

October 1, 2022 @ 12:22 pm By Omar Faridi  |  

Bitwage has announced a new partnership with their third UFC ambassador, and they officially launched their preferred wallet feature. On August 1st, 2022, news broke that Bitwage were collaborating with Casa and Edge as preferred wallet partners. Simply put, this means that users “can now… Read More

October 1, 2022 @ 12:15 pm By JD Alois  |  

Celsius Network, a crypto yield and lending platform that is going through bankruptcy proceedings, has filed a document with the courts reminding borrowers they should repay outstanding loans but these outstanding debts and repayments are not currently being enforced. Celsius tweeted yesterday that the filed… Read More

October 1, 2022 @ 11:49 am By Omar Faridi  |  

Li Jun, the Founder of Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions, recently shared his views and insights with Crowdfund Insider. Li Jun talked about how Ontology has evolved over the years and achieved significant milestones…. Read More