April 15, 2022 @ 4:10 pm By JD Alois  |  

A recent ruling in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) pertaining to the issuance of XRP and the allegation by the Commission it is in fact an unregistered security took a turn in favor of Ripple this past… Read More

April 15, 2022 @ 12:12 pm By Omar Faridi  |  

Aon plc (NYSE: AON) has announced a “multi-faceted” data and digital collaboration with The Bank of New York Mellon Corporation that will leverage the “power” and “unique” capabilities of both organizations to create various solutions to address evolving client requirements. Together, Aon and BNY Mellon… Read More

April 15, 2022 @ 12:09 pm By Omar Faridi  |  

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has reportedly been chosen as a key partner by the Financial Ombudsman Service in order to accelerate its digital transformation efforts. Operating within the United Kingdom‘s public services sector, the Ombudsman offers free and easy-to-use services that… Read More

April 15, 2022 @ 12:07 pm By JD Alois  |  

SEC Commissioner Hester Peirce is looking for an attorney to assist and advise on issues including crypto along with affiliated enforcement actions. Commissioner Peirce promoted the new position in a Tweet. As is well known, the Commissioner has been very supportive of Fintech innovation, along… Read More

April 15, 2022 @ 11:58 am By JD Alois  |  

  In a tweet, DeFi firm Equilibrium announced a partnership with Republic Crypto, part of the Republic group of companies. 🤝 We're proud to announce our collab with @joinrepublic @RepublicCrypto! 👀 Stay tuned for more exciting news, updates and much more! $EQ #DeFi pic.twitter.com/1PiRYdvV8g —… Read More

April 15, 2022 @ 11:24 am By Omar Faridi  |  

Douugh Ltd, the banking ‘Super App’ on a mission to help customers budget, save and invest their money “to live financially healthier lives,” is pleased to announce a partnership with Pinwheel in order to facilitate automatic direct deposit switching for its US clients. Douugh’s clients… Read More

April 15, 2022 @ 11:03 am By JD Alois  |  

EQUibank, a financial services firm located in Dominica, continues to promote its ability to hold and manage your OTC crypto from a licensed and regulated bank. OTC trading typically entails larger transactions so access to liquidity providers, something EQUIBank says it has, can be helpful…. Read More

April 15, 2022 @ 10:21 am By JD Alois  |  

Terraform Labs has completed a “mind-blowing transaction” according to a blog post as it donates 10 million $LUNA at a value of around $880 million. TFL has gifted an additional 10 million $LUNA to the @LFG_org. https://t.co/tNirkgGGm0 — Terra 🌍 Powered by LUNA 🌕 (@terra_money)… Read More

April 15, 2022 @ 9:30 am By Omar Faridi  |  

TIFIN, a Fintech platform using Artificial Intelligence and investment-driven personalization to assist asset managers with their digital distribution, announced that Distill by TIFIN is partnering with Harbor Capital Advisors, a “premier” investment firm offering access to a range of investment solutions, “to provide real-time digital… Read More

April 15, 2022 @ 9:15 am By Omar Faridi  |  

Welcome Tech, a digital platform offering immigrant families with the tools and services required to thrive in the US, recently  announced $30 million in new capital, “following an oversubscribed $35 million Series B in April 2021.” This capital was raised “exclusively” from existing institutional investors… Read More

April 14, 2022 @ 11:40 pm By Omar Faridi  |  

NatWest has announced a 3-year partnership with The University of Edinburgh Centre for Business, Climate Change and Sustainability. The £1.5 million partnership will aim to facilitate the delivery of a climate education program to 16,000 people across the NatWest Group by the end of 2024,… Read More

April 14, 2022 @ 10:59 pm By JD Alois  |  

Wa’ed Ventures, the VC arm of Saudi Aramco Entrepreneurship Center, has signed a Memorandum of Understanding (MOU) to provide “ethically focused Fintech startups” with access to investment in the Kingdom of Saudi Arabia.  Maydan Capital, an investment platform based in the UK, has been enlisted to… Read More

April 14, 2022 @ 10:41 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services technology, announced that Arkansas Federal Credit Union has upgraded from their prior person-to-person (P2P) payment solution “to the Zelle Network® via Fiserv.” In the first two months post-launch, Arkansas Federal has “seen P2P… Read More

April 14, 2022 @ 9:31 pm By Omar Faridi  |  

Bread Financial (NYSE: BFH), a technology-forward financial services firm that offers “simple, personalized” payment, lending and saving solutions, has announced the launch of a new consumer credit card – the Bread Cashback American Express® Credit Card. Bread Cashback “offers unlimited 2% cash back with no… Read More

April 14, 2022 @ 7:09 pm By Omar Faridi  |  

Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card… Read More

April 14, 2022 @ 5:51 pm By JD Alois  |  

  Inflation is rising to record-breaking heights. The most recent reading indicated that inflation hit 8.5% in March – the highest in more than 40 years. Inflationary policies pursued by the current administration, the war in Ukraine, and COVID have combined to create a toxic… Read More

April 14, 2022 @ 5:21 pm By JD Alois  |  

The Bank of Canada, the central bank of the country, has revealed a partnership with Multiverse Computing to model out the adoption of cryptocurrency as a method of payment, according to a statement by the company. Multiverse Computing said this is the first central bank… Read More

April 14, 2022 @ 4:14 pm By Omar Faridi  |  

BNP Paribas (EPA: BNP) has reportedly made its first investment in a Fintech VC fund managed by Anthemis. The investment is being made via the French banking institution’s Global Markets Strategic Investments division, which actively invests in high-growth Fintech firms. It further solidifies the existing… Read More

April 14, 2022 @ 3:05 pm By JD Alois  |  

Observe.ai has raised $125 million in a Series C funding round bringing total funding for the firm to $213 million. The round was led by SoftBank Vision Fund 2 with participation from Zoom Video Communications. Other investors included  Menlo Ventures, Nexus Ventures, Scale Ventures, Emergent Ventures,… Read More

April 14, 2022 @ 2:43 pm By Omar Faridi  |  

  Quontic Bank announced that it has introduced the “first-ever” tap-to-pay mobile payment ring to the US market. Quontic is an “innovative,” “digital-first,” and “customer centric” bank on a mission “to redefine how a bank and its customers conduct business.” Steve Schnall, CEO and Founder… Read More