April 17, 2022 @ 5:17 pm By Omar Faridi  |  

Funding Societies, which claims to be Southeast Asia’s largest SME digital financing platform, recently announced that it has teamed up Dedoco, a “decentralized” digital document and workflow management platform, in order “to become one of the first FinTech platforms to enable micro, small and medium… Read More

April 17, 2022 @ 1:17 pm By Omar Faridi  |  

Emburse, an international “leader” in spend management solutions, recently launched Emburse Spend, an expense solution which “combines card issuance, sophisticated spend policy control, and automated reconciliation.” Emburse Spend empowers team leads “to make spending decisions through a straightforward card issuance and management dashboard, which provides… Read More

April 17, 2022 @ 12:12 pm By Omar Faridi  |  

  Deserve, a Fintech transforming credit cards into software that “lives on mobile and in the cloud,” recently announced that it is improving the commercial credit card category by offering the platform that “empowers banks and B2B companies to launch corporate credit and charge cards.”… Read More

April 17, 2022 @ 10:04 am By Omar Faridi  |  

Jumio, the provider of “orchestrated” end-to-end identity proofing, eKYC and AML solutions, recently announced the appointment of Stuart Wells as the firm’s new chief technology officer. In addition, Jumio unveiled its new Innovation Lab in San Diego. Wells “joins Jumio’s executive team after nearly a… Read More

April 17, 2022 @ 10:02 am By Omar Faridi  |  

Compt, an employee perk stipend software company “optimized” for today’s “more-flexible” workplace, recently announced a $13 million Series A investment “led by Battery Ventures.” The investment round comes after a year of steady growth, “nearly 500% ARR, and follows a prior seed financing round from… Read More

April 17, 2022 @ 10:01 am By Omar Faridi  |  

Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, recently announced that it has teamed up with Revolut, an international financial superapp with more than 18 million customers worldwide, “to build and scale Revolut’s business in the U.S. leveraging Cross River’s technology… Read More

April 16, 2022 @ 7:15 pm By Omar Faridi  |  

Blockdaemon, which claims to be the largest institutional-grade blockchain infrastructure company for node management and staking, announced that it has added four new investors: Citi Ventures, Salesforce Ventures, Telstra Ventures, and Invicta Growth as it “continues its high-velocity growth powering the blockchain economy.” The firm… Read More

April 16, 2022 @ 6:40 pm By JD Alois  |  

FinTech Australia, the voice of the Fintech industry in Australia, has signed up seven new major corporate partners, according to the association. FinTech Australia states that new “Gold tier “partners include: insurance specialists ii-A, Oracle Australia and global business process management solutions provider WNS. New ecosystem… Read More

April 16, 2022 @ 6:27 pm By Omar Faridi  |  

MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

April 16, 2022 @ 6:23 pm By Omar Faridi  |  

MX, which claims to be the leader in Open Finance, and Boss Insights, a key player in business data aggregation, are teaming up to provide Fintechs and financial institutions real-time access “to enhanced small business banking, accounting, and commerce data to accelerate business lending and… Read More

April 16, 2022 @ 5:36 pm By Omar Faridi  |  

Formations, a financial management solution that “maximizes” the financial wellbeing of the self-employed, recently announced the completion of an $8 million Series A round led by Arthur Ventures. The investment round comes on the heels of YoY growth “of 500%.” It will help Formations further… Read More

April 16, 2022 @ 12:10 pm By JD Alois  |  

Congressman Tom Emmer, a member of the House Committee on Financial Services, has distributed a tweet calling the definition of an Accredited Investor “absurd.” The SEC’s accredited investor regulations are absurd. Gatekeeping wealth creation is un-American. Americans are smart enough to make their own financial… Read More

April 16, 2022 @ 11:51 am By Omar Faridi  |  

Gemini, a digital currency platform to buy, sell, earn, and store crypto, recently announced that the Gemini Credit CardTM is now available “in all 50 U.S. states.” Cardholders can “earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto… Read More

April 16, 2022 @ 11:49 am By Omar Faridi  |  

Data from Barclaycard Payments, which handles £1 in every £3 spent on credit and debit cards in the United Kingdom, reveals that many online businesses are still “not fully compliant with the new Strong Customer Authentication (SCA) regulation – which became mandatory for all transactions… Read More

April 16, 2022 @ 10:51 am By JD Alois  |  

A new report by IVC in partnership with LeumiTech – a company providing banking for high-tech companies, outlines tech investment in Israel, and even during the most challenging times – investment continues to grow. According to the report, Israeli start-ups raised a whopping $5.58 billion… Read More

April 16, 2022 @ 10:28 am By Omar Faridi  |  

Beeks Group is pleased to confirm that they were chosen by Form3, the Cloud-native payments tech provider, in order to build “a secure, private network and provide hosting facilities for their payments technology platform.” Michael Mueller, Form3’s CEO, stated: “We’re delighted to have successfully implemented… Read More

April 16, 2022 @ 10:26 am By Omar Faridi  |  

Personetics, the international provider of financial data-driven personalization and customer engagement solutions for financial institutions, has announced (what it claims to be) the first suite of “Proactive Cash Flow Management” capabilities “to help banks face the growing competitive, regulatory and consumer requirements to combat overdrafts.”… Read More

April 15, 2022 @ 5:08 pm By JD Alois  |  

In an attempt to block the acquisition of the company by Elon Musk, the Twitter (NYSE:TWTR) Board of Directors announced a Poison Pill plan today. The move was predicted following Musk’s announcement he wanted to take the company private at a per-share price of $54.20… Read More

April 15, 2022 @ 4:43 pm By JD Alois  |  

Stripe, the go-to payments platform for web developers, has distributed an update on 2021 performance. According to the Fintech, in 2021, the company processed more than $640 billion in payments. This is an increase of 60% from the year prior. Stripe does add the caveat… Read More

April 15, 2022 @ 4:26 pm By JD Alois  |  

Former Ripple advisor, Michael Barr has been nominated by President Joe Bident to become the Vice-Chair for Supervision of the Federal Reserve. The selection was announced by the White House earlier today. According to the administration, Barr is currently the Joan and Sanford Weill Dean… Read More