January 12, 2022 @ 11:11 pm By Tony Zerucha  |  

Fintech solutions provider Euro Asia Pay Holdings is partnering with i2c., a digital payments and banking technology provider, to establish a footprint for Hero Financials in the United States. Hero Financials is Euro Asia Pay Holding’s alternative-to-banking solution that allows guardians to provide funds to… Read More

January 12, 2022 @ 10:23 pm By Omar Faridi  |  

CoinDCX, which is India’s first crypto unicorn and claims to be the nation’s “safest” digital asset exchange, announced the appointment of Divakar Prayaga as SVP and Head of Information Security. As mentioned in an update shared with CI, Divakar will be expected to play a… Read More

January 12, 2022 @ 10:09 pm By Tony Zerucha  |  

ERP banking technology will continue to evolve in 2022 FISPAN co-founder and CEO Clayton Weir said. FISPAN provides ERP banking services and counts JPMorgan Chase among its clients. Consumer-grade experiences will grow in importance throughout the year, Weir believes. Banks need to think and operate… Read More

January 12, 2022 @ 6:15 pm By JD Alois  |  

One Zero Digital Bank has been approved for a full banking license. In 2019, the digital bank received a provisional license. According to a report in The Paypers, One Zero is now on par with other banks in Israel as it operations under the approval… Read More

January 12, 2022 @ 6:04 pm By Tony Zerucha  |  

As post-holiday returns skyrocket due to the explosion in e-commerce sales globally, Gen Z and Millennials are the ones most likely to choose not to return unwanted items, according to Global Voices: Cross-Border Shopper Insights, a new global survey from ESW (formerly eShopWorld), a global direct-to-consumer… Read More

January 12, 2022 @ 5:49 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has acquired FairX, a Chicago-based, Commodity Futures Trading Commission (CFTC ) regulated derivatives exchange. In a blog post, Coinbase described the acquisition as the next step towards creating a “robust and holistic trading environment investors are seeking.” Coinbase currently operates under a hodge-podge… Read More

January 12, 2022 @ 5:24 pm By JD Alois  |  

Congressman Tom Emmer introduced legislation today designed to prohibit the US Federal Reserve from issuing Central Bank Digital Currency (CBDCs) directly to consumers. Emmer is a member of the House Committee on Financial Services and ranking Member on the Fintech Task Force. According to the… Read More

January 12, 2022 @ 3:02 pm By Omar Faridi  |  

Pastel Network, which claims to be the first application-specific and purpose-built NFT blockchain that has “developed protocols tailored to address the needs of the NFT space,” has teamed up with Nervos Network, which is a suite of interoperable protocols “built on top of an open… Read More

January 12, 2022 @ 12:05 pm By JD Alois  |  

Chairman of the Federal Reserve Jerome Powell spent much of yesterday testifying in front of the US Senate Banking Committee as part of his nomination process. It is anticipated that Powell will easily be approved by the Committee as well as the full Senate for… Read More

January 12, 2022 @ 11:39 am By JD Alois  |  

Kharon, a provider of research and data analytics covering global security threats that impact finance, is now part of the Temenos Exchange, the marketplace of fintech solutions for more than 3,000 banks and financial institutions worldwide. Kharon says that the integration of its data and… Read More

January 12, 2022 @ 11:30 am By Omar Faridi  |  

Ebury has revealed that it’s accelerating its international growth efforts with the appointment of Louise Chan as company COO. Louise takes on an expanded Chief Operating Officer role “covering Operations as well as Product, Data and Regulatory Reporting,” according to a release. Louise is an… Read More

January 12, 2022 @ 11:05 am By Tony Zerucha  |  

ADDX, a Singapore-based firm, is making private market investing available to many wealthy investors who were previously excluded from the opportunity. There is strong demand for the service, Oi-Yee Choo ADDX chief commercial officer said. Choo brings two decades of capital raising and mergers and… Read More

January 12, 2022 @ 10:51 am By Omar Faridi  |  

EBANX, a Latin American payments Fintech, is reportedly expanding its presence and portfolio in Mexico with the introduction of solutions focused on local online merchants. In addition to providing services to assist national firms and international platforms to expand their sales in the LatAm region,… Read More

January 12, 2022 @ 10:41 am By JD Alois  |  

Checkout.com has announced a $1 billion funding at a whopping $40 billion valuation. The Fintech said the Series D funding round garnered the participation of Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund, and another large… Read More

January 12, 2022 @ 10:32 am By Omar Faridi  |  

We recently connected with Ben Waterman, COO and Co-founder, Strabo App, a cloud-based platform that helps you link multiple accounts from around the world in one dashboard. The Strabo App reportedly tracks all the money you own and owe, while providing you with a holistic… Read More

January 12, 2022 @ 9:55 am By JD Alois  |  

Robinhood (NASDAQ:HOOD) has embraced the work from home (WFH) movement by making it permanent as the ongoing COVID health challenge and  new technology combine to create the perfect storm to make centralized offices superfluous. In a blog post, Robinhood said it would remain “primarily remote”… Read More

January 12, 2022 @ 9:37 am By JD Alois  |  

Seedrs, a leading UK-based securities crowdfunding platform that is merging with Republic, has provided a retrospective of 2021 performance. According to Seedrs, 2021 was a year that delivered record-level funding. The top-line numbers are as follows: £696 million invested into securities offerings 310 funded deals… Read More

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 12, 2022 @ 9:05 am By Omar Faridi  |  

In the “build-up” to Qonto’s announcement of its €486 million Series D, nowhere was the “excitement” felt more acutely than in company HQ. The team at Qonto writes in a blog post: “For confidentiality reasons, the specifics of the deal had to be kept secret… Read More

January 12, 2022 @ 8:37 am By Omar Faridi  |  

Digital banking Fintech Revolut has reportedly launched operations as a bank in 10 Western European nations, allowing it to provide its customers in these markets with deposit protection. Revolut, which is a provider of a financial super-app with over 18 million customers across the globe,… Read More