June 8, 2022 @ 8:18 am By JD Alois  |  

While most of the news was swirling around Apple’s (NASDAQ:AAPL) new buy now – pay later (BNPL) product that allows its users to pay in four equal payments over 6 weeks, digital bank Zopa has announced its spin on BNPL with a focus on big-ticket items. The… Read More

June 8, 2022 @ 8:17 am By Omar Faridi  |  

Invoice finance and embedded finance (think: buy now, pay later options at checkout) help companies with improving their cash flow. On top of this, they manage operational expenditure “to improve their business growth,” the MarketFinance team explains. Invoice finance has been a tool companies have… Read More

June 8, 2022 @ 7:21 am By Omar Faridi  |  

Mintos notes in its Mintos Insight update that for certain investment products, regulation happens from the get-go, but for others, they might “not fall into a regulatory framework straight away.” While sharing other key takeaways from the Mintos Insight report, the team noted that new… Read More

June 8, 2022 @ 7:19 am By Omar Faridi  |  

Zibble, a long term property rental marketplace for renters, landlords and property contractors, has raised 101% (£80,950) of its £80,000 target from 154 investors through its crowdfunding campaign, carried out via Seedrs (with 2 days left in the sale). Located in the United Kingdom, Zibble… Read More

June 8, 2022 @ 7:00 am By JD Alois  |  

Crypto back-office platform Cryptio has raised a $10 million Series A funding round, according to the company. Point Nine led the funding, along with early investors Chainalysis, Revolut and Zendesk. Other investors include: BlueYard, Alven, Coinshares, Avantgarde Finance, Protocol Labs, and Draper Associates. Senior executives… Read More

June 8, 2022 @ 7:00 am By JD Alois  |  

Edge says it is launching a completely private, no KYC debit Mastercard in the US. The new card may be directly funded with Bitcoin, Bitcoin Cash, Dogecoin, Litecoin , and Dash. The announcement of the card was made at Consensus. The “confidential Mastercard” touts its… Read More

June 8, 2022 @ 12:34 am By Omar Faridi  |  

CaixaBank, which claims to be Spain’s “leading” financial institution, has launched FXNow, its online platform that enables customers to trade currencies “in real time, quickly, securely and without intermediaries, in Morocco.” With the launch, CaixaBank claims it has become “the only Spanish bank in Morocco… Read More

June 7, 2022 @ 11:29 pm By Omar Faridi  |  

Fiinu has confirmed the appointment of new members to its Senior Leadership Team. Chris Sweeney, Philip Tansey, Huw Evans and Wan Chuen Lau all join the firm in anticipation of Bank of England (BoE) authorization of its bank license application. Fiinu posted on its website… Read More

June 7, 2022 @ 10:12 pm By Omar Faridi  |  

Last year, Commonwealth Bank of Australia set itself the “aggressive” recruitment target of appointing 100 new engineers each month in a bid “to help the bank deliver against its strategy of providing global best digital experiences to customers.” Less than 12 months later and the… Read More

June 7, 2022 @ 10:10 pm By Omar Faridi  |  

Australian property intelligence platform Archistar recently finalized a $11 million strategic funding round led by NAB Ventures as it looks “to streamline the development application process by providing instant feasibility, compliance checks and concept designs for any site across Australia.” Skyfield, Skip Capital and a… Read More

June 7, 2022 @ 4:12 pm By JD Alois  |  

John Berlau, a securities and regulatory expert at the Competitive Enterprise Institute (CEI) has shared his initial thoughts on the bi-partisan legislation posted today by Senators Kirsten Gillibrand and Cynthia Lummis. Berlau, long a supporter of beneficial Fintech innovation believes the legislation is a solid… Read More

June 7, 2022 @ 4:00 pm By JD Alois  |  

The past few months have been difficult for crypto markets AND traditional securities. Both markets have flailed as inflation has rocketed higher and the Federal Reserve moves to battle rising prices by ending quantitative easing and raising interest rates. Crypto, once viewed as “digital gold”… Read More

June 7, 2022 @ 3:41 pm By JD Alois  |  

Earlier today, Senators Cynthia Lummis and Kirsten Gillibrand revealed their bi-partisan legislation to apply regulatory clarity to the growing digital asset ecosystem in the US. For years now, the crypto industry has desired bright-line rules to provide compliant offerings and regulated platforms, yet regulators have… Read More

June 7, 2022 @ 1:20 pm By Omar Faridi  |  

NatWest announced that it is working cooperatively with Accenture (NYSE: ACN) and Microsoft (NASDAQ: MSFT) in order to build an innovative client engagement platform that will aim to replace its multi-system, legacy frontline architecture. As mentioned in the update, the platform will aim to integrate… Read More

June 7, 2022 @ 1:18 pm By Omar Faridi  |  

ANZ recently announced its Australian and New Zealand based employees who are affirming their gender will be able “to access six weeks of paid leave, and up to 12 months’ unpaid leave.” The newly created Gender Affirmation Leave will support staff as they “undergo any… Read More

June 7, 2022 @ 12:44 pm By Omar Faridi  |  

Hong Kong-headquartered Allinfra, which is assisting institutions with meeting sustainability goals, has acquired $6 million in capital. The firm’s investment round has reportedly been led by international financial services group Nomura. Other investors in the round have not been named, however, the raise included new… Read More

June 7, 2022 @ 12:02 pm By Omar Faridi  |  

Westpac has launched Westpac DataX, a data analytics offering that will “enable faster, data-backed decision making for [their] largest clients.” Using de-identified credit card data from over six million daily card transactions, Westpac DataX “enables self-serve analytics for our clients so they can embed insights… Read More

June 7, 2022 @ 11:49 am By JD Alois  |  

Senator Kirsten Gillibrand and Senator Cynthia Lummis have officially revealed legislation aiming to create a regulatory framework for the burgeoning digital asset industry. The two Senators have worked for many months on the language of the bill. The legislation has long been rumored with a… Read More

June 7, 2022 @ 11:31 am By JD Alois  |  

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

June 7, 2022 @ 10:22 am By JD Alois  |  

Open Banking provider TrueLayer has been selected by CMC Markets to enhance client payments in the UK and Europe. CMC Markets is a trading platform with offices around the world and more than 300,000 clients. Users may trade forex, indices, commodities, shares and treasuries through contracts… Read More