April 7, 2022 @ 7:00 pm By JD Alois  |  

The Republican Staff of the House Financial Services Committee has produced a report revisiting the JOBS Act of 2012 and the decade since the legislation became law.  Perhaps the best-known outcome of the legislation was to legalize online capital formation – or crowdfunding – but… Read More

April 7, 2022 @ 4:42 pm By Omar Faridi  |  

Advanced Fraud Solutions (AFS), a provider of deposit fraud detection software, has announced that it has been “picked by Hyosung to strengthen its U.S.-based ATMs and kiosks against deposit fraud.” Hyosung, a manufacturer of ATMs worldwide, will “integrate TrueChecks® – the industry’s … check fraud… Read More

April 7, 2022 @ 3:32 pm By JD Alois  |  

Honeycomb Credit, a regulated funding portal providing SMEs access to debt capital, has announced a new partnership with Sustainible IO – a firm aiming to improve the likelihood of business success. According to Honeycomb, the two companies will offer capital readiness assessments to Main St…. Read More

April 7, 2022 @ 3:20 pm By Omar Faridi  |  

  Pocket Network, a relay infrastructure middleware protocol that provides abundant blockchain bandwidth from “a globally distributed network of 40k+ full nodes to applications in Web3 across 40+ blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony,” announced its protocol has “processed a record number… Read More

April 7, 2022 @ 3:16 pm By JD Alois  |  

Speaking at American University today, Secretary of the Treasury Janet Yellen addressed the emerging sector of digital assets as well as stablecoins and central bank digital currencies (CBDCs). Secretary Yellen reflected on the growth of digital assets, rising from just $14 billion to around $3… Read More

April 7, 2022 @ 12:24 pm By Omar Faridi  |  

JST Capital, an international financial services company specializing in digital assets, has announced the hiring of Martin C. Grant as Global Head of Regulatory Affairs & Integrity. In his new role, Grant will be responsible for “navigating the evolving digital asset regulatory environment on behalf of… Read More

April 7, 2022 @ 12:22 pm By Omar Faridi  |  

Tippy, the salon and spa digital tipping platform, has announced that it has embedded workforce payments platform Branch to launch “a new, all-in-one solution for acquiring and disbursing cashless tips.” Tippy and Branch’s integrated solution “optimizes the entire tipping experience, from the customer’s wallet to… Read More

April 7, 2022 @ 11:10 am By JD Alois  |  

Piper Sandler (NYSE: PIPR) has published its 43rd semi-annual Taking Stock With Teens survey which reviews trends and brand preferences from Gen Z (teens) across 44 U.S. states. The spring 2022 survey was conducted from February 16 to March 22 with the most responses from… Read More

April 7, 2022 @ 10:27 am By Omar Faridi  |  

Kassio, a “crypto-for-everyone” platform that allows users to buy, sell, borrow, earn and utilize cryptos, has raised funds worth $1.6 million via its pre-seed round. Kassio has acquired the capital from two major European investment funds, and Aalto Capital, which has led the investment round…. Read More

April 7, 2022 @ 10:15 am By JD Alois  |  

The White House has finally selected two individuals to become Commissioners at the Securities and Exchange Commission (SEC). President Joe Biden has selected: Jaime Lizárraga Mark Uyeda According to the White House, Jaime Lizárraga is currently a Senior Advisor to Speaker of the House Nancy… Read More

April 7, 2022 @ 8:23 am By JD Alois  |  

Stablecoin TRUST Act of 2022 Senator Pat Toomey has proposed legislation to regulate stablecoins. Toomey is the ranking Republican on the Senate Banking Committee. The Senator’s legislation incorporates the key components: Authorizes three different options to issue payment stablecoins: Establishes a new federal license designed… Read More

April 7, 2022 @ 8:13 am By Tony Zerucha  |  

Docyt, an accounting automation software platform that works with small-and-medium-sized businesses, this week announced an $11.5 million Series A fundraising round. It was led by Lobby Capital with additional participation from First Rays Venture Partners and Morado Ventures. The funding will be used to increase staffing and for customer acquisition…. Read More

April 7, 2022 @ 7:50 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has announced that Dibbs, the real-time, blockchain-enabled marketplace for collectors, “is using the Socure ID+ platform to provide a faster, more accurate collector onboarding experience.” With the accuracy of Socure’s graph-defined identity verification and fraud… Read More

April 7, 2022 @ 7:17 am By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service that helps consumers “save time and money, be informed and in control,” revealed the new “Klarna-fied” brand identity of Stocard, which is one of the leading mobile wallet providers that “enables consumers to gather all of… Read More

April 7, 2022 @ 7:15 am By Tony Zerucha  |  

Gupshup, a conversational messaging platform, this week announced it has acquired Active.Ai, a conversational AI platform popular with banks and fintechs. The terms of the deal were not made public. Based in Singapore, Active.Ai distributes its Conversational Banking-as-a-Service platform to customers in 43 countries, including the… Read More

April 7, 2022 @ 7:13 am By Omar Faridi  |  

data.world, the enterprise data catalog for the “modern” data stack, announced a $50 million Series C financing led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs). Additional investors reportedly include Prologis Ventures, Shasta Ventures, Vopak Ventures, Sandbox Insurtech Ventures, Paul Albright,… Read More

April 7, 2022 @ 7:10 am By Tony Zerucha  |  

The BIS Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) have developed a new prototype platform integrating regulatory data and analytics. Known as Project Ellipse, the platform demonstrates how regulatory and other data, such as articles and news, can be integrated into… Read More

April 6, 2022 @ 10:34 pm By Omar Faridi  |  

Fintech firm Gaviti helps companies recoup outstanding receivables via their automated platform. Last year, their customers recovered $6.2 billion in A/R Receivables “by streamlining an otherwise tedious process,” according to Yan Lazarev, Co-founder & CEO of Gaviti. Gaviti, an automation system developed to assist firms… Read More

April 6, 2022 @ 10:15 pm By Omar Faridi  |  

PopID, a consumer authentication service, and Visa (NYSE: V), a key player in digital payments, announced a partnership “to collaborate on launching facial verification payment acceptance in the Middle East region.” The goal of the partnership is “to provide cardholders with new safe, secure, and… Read More

April 6, 2022 @ 10:07 pm By Omar Faridi  |  

  CoinSmart Financial Inc., which claims to be one of Canada’s leading crypto-asset trading platforms, has announced its investment in NFT cross-bridge marketplace, Curate. The partnership agreement reportedly “includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority… Read More