February 19, 2022 @ 1:11 pm By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments company, announced the latest version of its machine learning-driven Cash Application solution. With virtual payments, non-standard remittance information and the proliferation of accounts payable (AP) portals challenging today’s accounts receivable (AR) teams, Cash Application… Read More

February 19, 2022 @ 9:46 am By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

February 19, 2022 @ 9:44 am By Omar Faridi  |  

SKALE, an Ethereum native multi-chain network announced a $100 million ecosystem incentive program with the aim of increasing the onboarding of good applications and initiatives onto the SKALE Network. Given the steady growth potential and alignment with market demand, NODE will be starting off the… Read More

February 18, 2022 @ 6:44 pm By Omar Faridi  |  

Stronghold, a payments and financial infrastructure firm, has introduced Stronghold Capital in order to invest $100 million in high-potential firms and funds across key areas: “overlooked” and “underrepresented” founders as well as fund managers, the payments and fintech ecosystem, and the Web3 / blockchain sector…. Read More

February 18, 2022 @ 4:53 pm By Omar Faridi  |  

Solana (SOL) has become a major platform in the crypto space, after going live in early 2020. The high-speed, high-throughput, proof of stake chain is well-known for its fast transactions, scalability, and affordable fees (and also its recent performance/technical issues which have also been quite… Read More

February 18, 2022 @ 3:53 pm By Omar Faridi  |  

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

February 18, 2022 @ 1:58 pm By Omar Faridi  |  

Lithuania’s borderless finance platform Debitum is pleased to confirm that Henrijs Jansons has joined the firm as its new Chief Executive Officer. His appointment became effective at the end of January 2022. Henrijs is reportedly replacing former CEO Sergei Demchuk, who will “focus on the… Read More

February 18, 2022 @ 12:40 pm By JD Alois  |  

The Federal Open Market Committee has announced new restrictions on senior Fed officials in regards to investing and trading activities. According to a statement by the Fed, under the new rules, senior Federal Reserve officials are prohibited from purchasing individual stocks or sector funds, holding investments… Read More

February 18, 2022 @ 12:09 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the rise of connected consumers driving product development and reshaping the trajectory of industries across the board has “proven that finance can be lightning fast, mobile-friendly, and customer-centric.” Blend writes in a blog post that the changed… Read More

February 18, 2022 @ 11:42 am By JD Alois  |  

SIM Swap fraud has been prevalent for years now targeting both traditional financial services as well as crypto investments. The scam is where a criminal hijacks your mobile phone by using a new SIM card affiliated with your phone number. Once accomplished, two-factor authentication goes… Read More

February 18, 2022 @ 9:47 am By JD Alois  |  

Fintech, or financial technology, is a hot sector of investing and innovation in general. All financial services are going through an extended period of disruption as digital replaces analog and startups and early-stage ventures challenge incumbents. In our opinion, this transition is a multi-decade event… Read More

February 18, 2022 @ 8:55 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBoC) have announced that they are accepting applications from financial institutions and Fintechs for conducting pilot trials of cross-boundary fintech initiatives in the Greater Bay Area (GBA). The Greater Bay Area Fintech Pilot Trial… Read More

February 18, 2022 @ 8:14 am By Tony Zerucha  |  

It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

February 18, 2022 @ 8:06 am By Omar Faridi  |  

Pikl, a fast-growing Insurtech business offering solutions that enable the Sharing Economy to thrive, has secured 109% (£1,967,791) of its £1,800,006 target with 26 days left in the firm’s crowdfunding campaign carried out via Seedrs. Located in Norwich, United Kingdom, Pikl operates in the finance… Read More

February 18, 2022 @ 8:03 am By Omar Faridi  |  

Market prices have been rising in the US at the fastest pace in 40 years — an inflation rate of 7.5% YoY compared to December’s 7%. And the overall impact of inflation has “broadened beyond pandemic-related goods and services,” the team at digital asset firm… Read More

February 18, 2022 @ 8:01 am By Omar Faridi  |  

The team at Prosper has shared their platform’s Performance Update for January 2022. Haiyan Huang from Prosper notes that in January 2022, approximately 57% of loan originations “were rated AA-B.” The company further noted that the average loan size in January “increased by 4% month-over-month.”… Read More

February 18, 2022 @ 7:54 am By Omar Faridi  |  

Ararat Yuzbashyan, CTO at EstateGuru, has explained how he aims to improve the lives of his colleagues. Ararat also talked about the advice he would give to talented professionals who are thinking of joining EstateGuru. Ararat has been working at EstateGuru for around 10 years…. Read More

February 18, 2022 @ 3:07 am By Omar Faridi  |  

The VeChain Foundation claims that 2021 “proved to be a significant year” for them with many developments taking place — some of which are “fundamentally game-changing” and others that “greatly benefit” their ability to serve the global economy with blockchain-based services. One such change that… Read More

February 18, 2022 @ 2:37 am By Omar Faridi  |  

The peer-to-peer market is expected to grow by around 20% this year, according to a report from Croatian lender Robo.cash. Robocash analysts noted that the optimistic scenario for 2022 is being supported by the general development trend from last year. Industry experts are also betting… Read More

February 18, 2022 @ 1:25 am By Omar Faridi  |  

The team at blockchain platform NEO have released their January technical development monthly report. As mentioned in the update: “Having delivered the milestone Neo 3.1 version in the final weeks of 2021, the core development team began the New Year at a more relaxed pace…. Read More