November 18, 2021 @ 11:25 am By Omar Faridi  |  

CoinSmart Financial Inc., which claims to be one of Canada’s leading digital asset trading platforms, has announced the launch of its mobile trading app for iOS and Android devices. The new mobile app aims to improve the onboarding, digital asset purchasing, selling, and trading process… Read More

November 18, 2021 @ 10:46 am By Omar Faridi  |  

Envestnet, Inc. (NYSE: ENV) announces that it is teaming up with SIMON Markets LLC in order to provide  access to, and the management of structured investments that can offer income and protection strategies for customer portfolios. As mentioned in the announcement, Envestnet’s integration plan should… Read More

November 18, 2021 @ 10:40 am By Omar Faridi  |  

On November 16, 2021, the Basel Committee on Banking Supervision issued a public consultation on principles for the effective management and supervision of climate-related financial risks. This “follows the publication of a series of analytical reports earlier this year,” the update confirmed. As noted in… Read More

November 18, 2021 @ 10:31 am By Omar Faridi  |  

Sedric, an AI-enhanced compliance platform for Fintech firms, announced that it has secured $3.5 million via a seed round in order to increase consumer protection and transform the Fintech compliance sector. Led by StageOne Ventures, Sedric will use the proceeds from the investment round to… Read More

November 18, 2021 @ 10:23 am By Omar Faridi  |  

Online lending platform, NewDay, has introduced an instant access digital credit account with flexible repayment terms which are aimed at protecting its business from the competition from Buy Now, Pay Later or BNPL providers. Newpay provides clients with a credit limit of £5,000, which may… Read More

November 18, 2021 @ 10:17 am By Omar Faridi  |  

PayZen, which claims to be a “mission-driven” Fintech addressing healthcare affordability, has announced it completed a $15 million Series A round. SignalFire has reportedly led the Fintech firm’s investment round, along with contributions from Link Ventures and 7wireVentures, as well as existing investors Viola Ventures… Read More

November 18, 2021 @ 9:41 am By Omar Faridi  |  

Just Wealth has reportedly introduced a digital marketing support package for its self-employed advisers. Created by Just Wealth’s in-house marketing team, the digital marketing package offers various lead generation tools. The digital marketing package comes with branded social media profiles, Google My Business profiles as… Read More

November 18, 2021 @ 7:00 am By JD Alois  |  

Square (NYSE:SQ) has asked Marqeta (NASDAQ: MQ) to assist with its expansion in Canada. According to a company statement, Marqeta is powering the launch of the Square Card in Canada. Square is a Fintech that provides payments, including POS transactions, along with a growing number… Read More

November 18, 2021 @ 6:00 am By Tony Zerucha  |  

Tether Operations, the company operating the blockchain-enabled platform tether.to, has commenced operations with Shyft Network, starting with active testing of Veriscope, its decentralized compliance framework and smart contract solution to the Financial Action Task Force’s (FATF) Travel Rule. The initiative will assist virtual asset service… Read More

November 18, 2021 @ 3:00 am By Tony Zerucha  |  

Over the past two years, a solid e-commerce strategy has proven to be a must for every business, but such a strategy has to be carefully implemented in order to maximize revenue while also minimizing fraud, Forter’s general manager for EMEA Aaron Begner said. Founded… Read More

November 17, 2021 @ 10:00 pm By JD Alois  |  

Airwallex has raised an additional $100 million at a $5.5 billion valuation, according to a note from the company. The funding was an “E1” round and part of a wider $300 million Series E raise. Airwallex says the Series E1 round was oversubscribed, on the… Read More

November 17, 2021 @ 8:31 pm By Omar Faridi  |  

Applied intelligence firm, FICO, has announced the launch of FICO Originations Solution. Powered by FICO Platform, the next-gen of its loan origination solution will be delivered globally on Amazon Web Services (AWS) Cloud. As mentioned in a release, the solution “empowers businesses to deliver …… Read More

November 17, 2021 @ 8:12 pm By Tony Zerucha  |  

Pine Labs, a merchant commerce platform serving merchants in India and Southeast Asia, today announced a partnership with Standard Chartered Malaysia. Standard Chartered’s customers in Malaysia can now access interest-free installment options on credit cards at any offline point-of-sale system powered by Pine Labs. The… Read More

November 17, 2021 @ 8:09 pm By Tony Zerucha  |  

Plenty, a DeFi protocol on the Tezos blockchain, along with Tezos India, is organizing a two-month hackathon designed to produce solutions to several Plenty use cases. The application period for the Plenty Global Hackathon 1.0, can be submitted beginning Nov. 20. Possible use cases include… Read More

November 17, 2021 @ 7:47 pm By Tony Zerucha  |  

RM Sotheby’s, the world’s largest collector car auction house by total sales, today announced the company is accepting cryptocurrency for payment for goods and services from BitPay, a provider of Bitcoin and cryptocurrency payment services. RM Sotheby’s said the ability to accept cryptocurrency enables it… Read More

November 17, 2021 @ 5:42 pm By Tony Zerucha  |  

Superalgos, an open-source, community-owned trading intelligence project, this week launched its free platform for designing, testing, and deploying crypto trading bots. It comes after four years in development with tens of thousands of downloads during the open beta phase as the community builds up liquidity… Read More

November 17, 2021 @ 5:35 pm By JD Alois  |  

The Office of the Comptroller of the Currency (OCC), an independent bureau under the US Department of Treasury, is the lead bank regulator in the US. Managed by the Comptroller of the Currency, it is a key federal agency in approving or denying national bank… Read More

November 17, 2021 @ 3:58 pm By Omar Faridi  |  

Imprint, which provides branded payments and rewards products, has announced a $38 million Series A round that was led by Kleiner Perkins with Fintech Stripe participating. Imprint is focused on developing the “most rewarding, and most inclusive way for customers to pay at the brands… Read More

November 17, 2021 @ 3:22 pm By JD Alois  |  

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

November 17, 2021 @ 3:01 pm By Tony Zerucha  |  

Neo Financial, a Canadian fintech based in Winnipeg, Man., has made great strides since its founding in the fall of 2019. This week Neo Financial received $1.6 million from the Province of Manitoba’s Industry Expansion Program to train 300 new and 32 existing employees in… Read More