November 24, 2021 @ 9:21 pm By Tony Zerucha  |  

Sparrow, a Singapore-based digital assets trading platform, now accepts PayNow transfers for institutional customers, the platform announced today. The PayNow transfer service allows Singaporeans to receive money into their bank account through their National Registration Identity Card (NRIC), which is similar to a Social Security… Read More

November 24, 2021 @ 8:13 pm By Omar Faridi  |  

Drip Capital, Inc., a digital cross-border trade finance platform providing financing solutions to small and medium businesses, is pleased to confirm that Rahul Nath has joined the firm’s leadership team as the Product Head. With head offices in Palo Alto, California, Rahul brings more than… Read More

November 24, 2021 @ 7:23 pm By Omar Faridi  |  

DoorDash (NYSE: DASH) and Payfare (TSX: PAY) have announced instant access to earnings for DoorDash delivery drivers across the US through DasherDirect. As mentioned in the announcement, DasherDirect is a financial platform and virtual banking solution for Dashers that is being powered by Payfare. Via… Read More

November 24, 2021 @ 6:09 pm By Tony Zerucha  |  

MoneyLion, a data-driven, digital financial platform, recently acquired MALKA Media Group, a creator network and content platform. The acquisition helps MoneyLion engage with consumers across all digital and emerging channels, both inside and outside its platform. “This transaction is the evolution of a successful four-year… Read More

November 24, 2021 @ 6:03 pm By Tony Zerucha  |  

Online payment solutions provider Veem recently announced the rollout of Veem Partner Connect program, enabling partners with flexible and configurable integration options. As services continue to shift online, embedded financial products are expected to become the norm for SMBs as they look for simple and… Read More

November 24, 2021 @ 5:20 pm By Tony Zerucha  |  

If you think you’re getting priced out of physical real estate, you’d likely be doing even worse online. This week, Canadian company Tokens.com announced its subsidiary Metaverse Group acquired a 116-parcel, 6,090 square-foot estate in the heart of Decentraland’s Fashion Street district for $2.4 million…. Read More

November 24, 2021 @ 5:12 pm By Tony Zerucha  |  

A recently released report from Temenos, a large banking software provider, on cloud technology adoption in different business sectors attempts to determine why the banking industry has been slower to adopt it than other sectors. The survey of IT executives in the banking sector, conducted… Read More

November 24, 2021 @ 5:08 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Investor Advisory Committee will be discussing digital assets or crypto on December 2nd. According to the agenda, a panel discussion will be hosted  entitled “Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies.” This… Read More

November 24, 2021 @ 4:45 pm By Omar Faridi  |  

TransLink clients should soon be able to use Interac Debit to “hop on transit.” As mentioned in the announcement, TransLink, Interac Corp., and Cubic Transportation Systems are working cooperatively to “integrate Interac Debit onto the system to give customers more contactless payment options.” By the… Read More

November 24, 2021 @ 4:40 pm By Tony Zerucha  |  

Cryptocurrency platform Okcoin this week announced the launch of Sats Mode, becoming the first US-licensed exchange to show bitcoin in satoshis (sats), which are equivalent to 100 millionth of a Bitcoin. The feature enables Okcoin customers to view their Bitcoin balance and buy Bitcoin in… Read More

November 24, 2021 @ 2:22 pm By Omar Faridi  |  

TruePay, a startup whose payment solution assists SMEs retailers with getting free and secure access to credit, has acquired $32 million in capital via a Series A round that was led by Addition. As mentioned in the announcement, this growth stage investment is one of… Read More

November 24, 2021 @ 2:20 pm By Tony Zerucha  |  

While Stripe does not currently accept cryptocurrencies as payment, the are monitoring the space and could change that policy in the future, its co-founder and president said today. Speaking at the Fintech Abu Dhabi Festival, John Collison noted his company and cryptocurrencies were founded within… Read More

November 24, 2021 @ 12:31 pm By Omar Faridi  |  

Celer Network says it will be integrating Kava with their cBridge cross-chain bridging protocol, supporting quick, cost-effective bridging of assets between Kava and other supported chains. As noted in a blog post, the integration should be able to link cBridge users to a new way… Read More

November 24, 2021 @ 12:26 pm By Tony Zerucha  |  

The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

November 24, 2021 @ 12:12 pm By Tony Zerucha  |  

nOFTEN, an NFT marketplace for celebrities and artists, is teaming up with Fashion TV (FTV), an international fashion and lifestyle channel, to promote fashion-focused NFTs. “NFTs are a gold rush for artists and celebrities, churning out mind-boggling pay-outs for early adopters if used right,” FTV… Read More

November 24, 2021 @ 12:09 pm By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service provider, has announced the addition of “Pay Now” to its range of payment options available in the United States. As noted in the update, this payment method should allow clients to make payments immediately and in… Read More

November 24, 2021 @ 12:01 pm By Omar Faridi  |  

Brazil-based virtual banking Fintech Nubank has partnered with several different retailers in order to add a digital commerce section to its app. At the time of launch, Nubank‘s clients in Brazil can start shopping at retailers like AliExpress, Dafiti and Magalu via the app, with… Read More

November 24, 2021 @ 10:57 am By Omar Faridi  |  

Staking Rewards, a provider of independent staking data and research, has secured 3 million CHF from various digital asset investment companies to create a new suite of products and services catering to the staking space, “including the development of investable staking index products.” Currently, staking… Read More

November 24, 2021 @ 10:33 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has obtained final judgment on an enforcement action that involved a securities offering for an erstwhile marijuana-based firm. According to the SEC, on November 19, 2021, the US District Court for the Central District of California entered final judgments… Read More

November 24, 2021 @ 9:18 am By Omar Faridi  |  

Tide, the UK’s leading business financial platform serving over 375,000 SMEs – nearly 7% of the market, has revealed that it will allow SMEs to connect their existing business accounts, “held at other institutions, to its platform using Open Banking.” In the first such move… Read More