January 6, 2022 @ 11:36 am By Omar Faridi  |  

Mastercard writes in an update that the future of physical retail is “slowly making its way into your daily life.” As noted by Mastercard (NYSE: MA), you may find an example of that trend “near Section 244 at TIAA Bank Field in Jacksonville, Florida.” There,… Read More

January 6, 2022 @ 9:57 am By Omar Faridi  |  

The team at DFINITY writes in an extensive update that in 2021, it was another solid year of developer and community growth on the Internet Computer. As noted in a blog post by DFINITY, 2021 marked the Internet Computer’s public launch, which “catalyzed an explosion… Read More

January 6, 2022 @ 9:30 am By Tony Zerucha  |  

LexisNexis Risk Solutions today released the fifth edition of the LexisNexis True Cost of Fraud Study: Financial Services & Lending. The study examines fraud trends for the United States and Canadian financial services and lending sectors and key pain points related to adding new payment… Read More

January 6, 2022 @ 9:29 am By JD Alois  |  

Payments Fintech Wirex has added another stablecoin to its platform. According to Wirex, XSDG, a Singapore dollar backed stablecoin is now available alongside other popular stablecoins. Currently, Wirex offers six stablecoins; STASIS EURO (EURS), True (TUSD), USD Coin, (USDC), Tether (USDT), USDP, and now XSGD…. Read More

January 6, 2022 @ 8:47 am By JD Alois  |  

BitMEX, a crypto derivatives exchange, has enlisted the help of Tokeny to support its forthcoming BMEX token launch. BitMEX is using the BMEX airdrop to incentivize new users and recently announced adding over 50,000 new users to its platform. Alexander Höptner, CEO of BitMEX, said… Read More

January 6, 2022 @ 8:03 am By Omar Faridi  |  

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

January 6, 2022 @ 8:01 am By Omar Faridi  |  

Digital banking platform Revolut has reportedly acquired approval from the Monetary Authority of Singapore (MAS) to provide clients with gold and silver exposure via the firm’s Fintech app. Revolut‘s management noted that they aim to introduce the service to their Singapore clients this year. After… Read More

January 6, 2022 @ 7:00 am By Tony Zerucha  |  

The HBAR Foundation today announced a partnership with Indian composer, producer and musician A.R. Rahman, to create content for a new NFT music platform focused on India’s independent music community. It is providing a grant and organizational support for development and growth of the NFT… Read More

January 6, 2022 @ 2:22 am By Omar Faridi  |  

European lender Bondora notes that the secondary market ended 2021 with a relatively slow December. Bondora writes in an update, dated January 4, 2021, that after picking up slightly again in November, Secondary Market transactions “fell to €250,404” in December 2021. According to Bondora, this… Read More

January 6, 2022 @ 1:12 am By Omar Faridi  |  

Praxonomy, the “go-to” collaboration platform for boards of pre-IPO, small-cap and mid-cap listed firms as well as regulated private businesses, has raised 91% (£459,930) of its £500,000 target from 235 investors via Crowdcube (at the time of writing) with 9 days left in the firm’s… Read More

January 6, 2022 @ 12:24 am By JD Alois  |  

Remilk, a creator of milk without the cows, has raised an oversubscribed $120 million in Series B funding. The additional capital is expected to enable Remilk to scale production of “dairy-identical milk protein” for commercial use by manufacturers in traditionally dairy-based products including cheeses, yogurt,… Read More

January 5, 2022 @ 11:19 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash writes that while you’re busy summing up the results of the year, they’ve taken a look back on what December 2021 could be most remembered for. Robo.cash notes that last month, their investors “funded €18 M loans.” The platform’s investor base was… Read More

January 5, 2022 @ 11:15 pm By Omar Faridi  |  

UK’s digital bank Starling has reportedly launched a new advertising campaign that “encourages small business owners to break free from their incumbent bank.” As mentioned in a release, the campaign, created specifically for Starling Bank by Wonderhood Studios, is the second “under Starling’s new platform… Read More

January 5, 2022 @ 10:56 pm By JD Alois  |  

Radar Payments by BPC has been by Red Dot Payment (RDP), an e-commerce service focused primarily on serving the e-commerce and hospitality verticals. According to a release, RDP has selected the Fraud Risk Management and Prevention solutions delivered as a SaaS model. RDP was founded… Read More

January 5, 2022 @ 10:10 pm By Tony Zerucha  |  

Alto, a self-directed IRA platform for individuals seeking to invest in alternative assets using tax-advantaged retirement funds, today announced the successful close of a $40 million Series B funding round. Advance Venture Partners was the lead on this round of funding, with additional participation from… Read More

January 5, 2022 @ 7:52 pm By Timothy Li  |  

6 years is an eternity in Fintech and this is my 6th annual Top 10 Fintech Predictions for 2022. 2021 was a great year for Fintech, billion-dollar IPOs, Crypto, NFTs, and the evolution of blockchain technology has taken over the globe. BigTech are all basically… Read More

January 5, 2022 @ 6:41 pm By JD Alois  |  

Ian Miles Cheong, an independent journalist who is active on Twitter and writes for the Post Millennial, has been banned by PayPal (NASDAQ:PYPL), allegedly due to his political beliefs. Cheong currently has almost 300,000 Twitter followers and frequently comments on current events in the political… Read More

January 5, 2022 @ 4:27 pm By Omar Faridi  |  

Finland’s card-as-a-service (CaaS) platform Enfuce, which recently finalized a €45 million Series C round, notes that client expectations and competition in the banking sector are “getting tougher all the time.” Denise Johansson, Co-Founder, Chief Commercial Officer & Deputy CEO at Enfuce, writes in a blog… Read More

January 5, 2022 @ 3:15 pm By JD Alois  |  

BTCS (NASDAQ:BTCS) says it will pay a dividend in Bitcoin calling it a “Bividend.” The company has created a website called Bividend to explain the distribution. BTCS’s market cap currently stands around $47 million. BTCS states that it intends to pay $0.05 per share in… Read More

January 5, 2022 @ 2:38 pm By Omar Faridi  |  

Binance Labs has reportedly invested $12 million in WOO Network as the two parties focus on further expanding their long-standing relationship. As mentioned in an update from Binance Labs, the investment will aim to “support WOO Network’s rapid expansion through talent acquisition, research and development,… Read More