August 7, 2022 @ 7:07 pm By Omar Faridi  |  

Network for Electronic Transfers (NETS), which is Singapore’s payment services group, and National ITMX, Thailand’s inter-bank payment infrastructure and central data processing system, recently confirmed the expansion of their cross-border QR payment partnership. This collaboration will aim to support inbound and outbound international payments between… Read More

August 7, 2022 @ 7:05 pm By Omar Faridi  |  

Binance Labs, the venture capital arm and accelerator of Binance, led the seed funding round of Lifeform, which is described as “a disruptive decentralized visual digital identity (DID) solution provider.” The fund will aim to “empower the next billion Web3 users with decentralized digital citizenship.”… Read More

August 7, 2022 @ 6:22 pm By Omar Faridi  |  

One Inc, which claims to be the leading digital payments network for the insurance industry, announced Marc Liner has “joined the company as its first General Counsel.” Liner joins One Inc from Wells Fargo Bank, where he “supported treasury management services, payment systems, and commercial… Read More

August 7, 2022 @ 6:03 pm By Omar Faridi  |  

Socotra, which claims to be the modern Core platform provider for innovative insurers and insurtech MGAs, recently announced positive momentum for the first half of 2022 with 97% revenue growth, 63% team expansion, a new funding round, and an acquisition. Dan Woods, Founder and CEO… Read More

August 7, 2022 @ 5:20 pm By Omar Faridi  |  

ShopBack, a Temasek-supported shopping and rewards platform, recently revealed that it would be expanding its presence to Hong Kong with a “soft launch” scheduled for August 8, 2022. ShopBack‘s management noted that they’ve onboarded more than 250 merchants in Hong Kong ranging from domestic to… Read More

August 7, 2022 @ 9:47 am By Omar Faridi  |  

SpaceChain recently announced the appointment of Cliff Beek to the role of chief executive officer “to spearhead global expansion efforts for the space-as-a-service solutions provider.” Beek will be “responsible for charting the company’s long-term growth and extending its global footprint through leveraging its first-mover leadership… Read More

August 6, 2022 @ 10:02 pm By JD Alois  |  

AxiaFunder, one of the few litigation financing platforms that enables smaller investors access to a unique asset class, is reporting that its first AxiaFunder Housing Disrepair (HDR) £300,000 investment portfolio is progressing well. AxiaFunder, a platform aimed at sophisticated and high-net-worth individuals, provides funding to… Read More

August 6, 2022 @ 9:54 pm By Omar Faridi  |  

JP Morgan Payments has introduced a cross-border liquidity solution in Saudi Arabia, enabling customers to connect to liquidity pools in London and other cities across the globe. The service will aim to offer clients with a pipeline to link their balances to liquidity structures globally…. Read More

August 6, 2022 @ 8:43 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company powering the next generation of payments and digital commerce solutions, has announced a partnership with the Philippines’ micro financial services provider, Cebuana Lhuillier. The partnership will “facilitate seamless cross-border remittance payments for clients in the Philippines by utilizing Cebuana Lhuillier’s… Read More

August 6, 2022 @ 7:32 pm By JD Alois  |  

Estateguru, an Estonia-based Fintech that offers a marketplace for investors to back secured loans, recently reported its Q2 numbers, and they were pretty solid. According to a blog post, Estateguru saw its assets under management (AUM) rise to a portfolio of €268 million while attracting… Read More

August 6, 2022 @ 4:17 pm By Omar Faridi  |  

Ranqx, the digital lending platform built for lenders to small-to-medium sized businesses (SMBs), has expanded its working relationship with Visa (NYSE: V) into North America. Before collaborating with Visa in North America, Ranqx worked cooperatively with Visa in its Asia Pacific region. Under the latest… Read More

August 6, 2022 @ 4:17 pm By Omar Faridi  |  

Zebra Technologies (NASDAQ: ZBRA), an innovator at the “front line” of business with solutions and partners that deliver a “performance edge,” recently announced that First Tech Federal Credit Union has selected Reflexis for Banking “to increase staff effectiveness and productivity and to elevate customer service.” First… Read More

August 6, 2022 @ 3:49 pm By Omar Faridi  |  

Unstoppable Domains is pleased to announce their partnership with GMO Internet Group, which operates Japan’s largest domain registration service, Onamae.com, “with more than 28 million domain registration records.” Via this partnership, GMO Internet has “launched a brand new registration service, ‘CryptoName by GMO,’ offering NFT… Read More

August 6, 2022 @ 3:32 pm By JD Alois  |  

Beanstalk, a crypto project that encountered a breach earlier this year that led to a $77 million hack, has “unpaused” today. Today, Beanstalk Farms is thrilled to announce that Beanstalk has been Unpaused on the one year anniversary of its initial deployment.https://t.co/HxZmwWksZe — Beanstalk Farms… Read More

August 6, 2022 @ 3:01 pm By Omar Faridi  |  

Sonovate, the provider of embedded finance and payment solutions for the contingent workforce, announced a partnership with Demica, the trade finance Fintech firm, in order to streamline its reporting processes so it may support business customers across the globe. Under the terms of the partnership,… Read More

August 6, 2022 @ 2:31 pm By JD Alois  |  

Neobank Revolut is on a crypto hiring spree, according to a report by Bloomberg. While many firms, and Fintechs specifically, a cutting headcount or slowing things down, Revolut appears to be bucking the trend. Recently, Robinhood revealed it was slashing employee headcount by 23% –… Read More

August 6, 2022 @ 1:48 pm By Omar Faridi  |  

Fintech firm Plaid recently announced that financial services industry veteran Meghan Welch has joined as the firm’s very first Chief People Officer. Plaid has “grown to 1,200+ employees to support the mainstreaming of fintech.” Meghan’s over 20 years of professional experience at Capital One, “most… Read More

August 6, 2022 @ 11:37 am By Omar Faridi  |  

​Ms. Vachira Arromdee, Deputy Governor of the Bank of Thailand (BOT), has noted that central banks around the world “have focused closely on the development of Retail CBDC and see the potential of Retail CBDC as being the foundation of the future financial system.” The… Read More

August 6, 2022 @ 8:59 am By Omar Faridi  |  

ING will be trialing a carbon footprint tracking app offered by Fintech firm Cogo with 350,000 mobile clients. The Footprint Insight feature is being made available to clients who currently use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint… Read More

August 5, 2022 @ 8:17 pm By Omar Faridi  |  

CME Group, which claims to be the world’s leading derivatives marketplace, announced its plans to further expand its cryptocurrency derivatives offering “with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.” Designed to match their U.S. dollar-denominated counterparts, Bitcoin… Read More