Search Results for: Red Ash

October 18, 2023 @ 10:56 pm By Omar Faridi  |  

Nova Credit, the data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, announced it raised $45 million in Series C funding. The capital helps Nova Credit to further broaden its product offering “beyond cross-border credit reporting and scale Cash AtlasTM, the… Read More

October 10, 2023 @ 9:47 pm By Omar Faridi  |  

Koan Advisory Group, a New Delhi-based public policy consulting firm released a report titled “Transit Payments in India – A Case for Choice and Interoperability.” The study highlights that India’s public transit systems should “allow integrated fare payments across different modes of transit, to provide… Read More

September 29, 2023 @ 2:39 am By Omar Faridi  |  

Cardless, Inc., a San Francisco-based firm focused on financial technology, is announcing an upgrade to the Simon American Express Credit Card, providing shoppers with a greater level of rewards.” The enhanced card now offers 5% cash back on “all purchases made at any store within… Read More

September 25, 2023 @ 4:07 pm By JD Alois  |  

The Securities and Exchange Commission has charged Matthew Motil with allegations he operated a Ponzi like scam that pilfered $11 million from 50 investors. Motil, based in North Olmstead, Ohio, ran a podcast called “The Cash Flow King.” According to the SEC’s complaint, Motil promoted… Read More

July 14, 2023 @ 3:31 pm By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases. Powered by Enfuce’s cloud-native issuing platform, the launch of the card is a turning point in the crypto market,… Read More

July 1, 2023 @ 6:11 am By Omar Faridi  |  

Square announced the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that help businesses simplify their cash flow management and consolidate their finances. The Square Credit Card, running on the American Express network, “gives… Read More

February 1, 2023 @ 9:52 am By JD Alois  |  

The credit card business is a good one as this type of credit typically charges outlandish rates as well as silly fees. Today, the Consumer Financial Protection Bureau (CFPB) is specifically targeting late fees charged to consumers as it proposes a reul that aims to… Read More

January 31, 2023 @ 6:03 pm By JD Alois  |  

“The business model Celsius advertised and sold to its customers was not the business that Celsius actually operated.” – Court Document, Filed January 31, 2023 Celsius, one of the first big crypto firms to fail and file for bankruptcy protection, continues to meander its way… Read More

December 16, 2022 @ 8:07 pm By Omar Faridi  |  

MoneyGram (NASDAQ: MGI) is pleased to support our partners at the Stellar Development Foundation (SDF) on the launch of Stellar Aid Assist, which is described as “a first-of-its-kind blockchain-powered aid disbursement system that delivers relief funds quickly, affordably and efficiently to individuals in crisis.” As… Read More

December 8, 2022 @ 8:17 am By Omar Faridi  |  

Prism Data, an open banking analytics platform, introduced CashScore v3, a powerful new version of its CashScore credit scoring model that leverages anonymized, consumer-permissioned open banking data “to fully illuminate a consumer’s true credit risk.” That deeper understanding “enables lenders to build more resilient businesses… Read More

November 29, 2022 @ 9:02 pm By Omar Faridi  |  

Credifiel, which claims to be one of the largest Mexican payroll lending companies specializing in loans for government employees whose loan repayments are deducted directly from their salaries, has “launched a cashback offer.” For a limited time, you can “earn a cashback for investments in… Read More

September 28, 2022 @ 7:50 pm By Omar Faridi  |  

Chase, which is reportedly one of the largest co-brand card issuers in the U.S., and DoorDash, the local commerce platform, announced plans “to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card.” The DoorDash Rewards Mastercard will… Read More

August 21, 2022 @ 8:17 pm By Omar Faridi  |  

After a slow June, Bondora‘s collection and recovery figures “rebounded as anticipated.” Bondora further noted that “the number of recovered loans, as well as the total cash recovered, increased.” The total recovered cash also “climbed to exceed €1 million once again.” The count of loans… Read More

July 21, 2022 @ 11:29 am By Omar Faridi  |  

Plutus, the Visa debit card offering 3-8% in crypto cashback, recently announced its plans to further expand into the US neobanking sector. Plutus is a London-based Fintech providing crypto cashback rates and 20+ Perks “such as 100% back on Netflix, Spotify, and Prime.” Its user… Read More

June 23, 2022 @ 6:22 pm By Omar Faridi  |  

Credit Karma Money™, a single destination within Credit Karma for spending and saving, has announced the launch of cash back rewards, “giving its more than 110 million members in the U.S. the chance to earn cash back when they spend money at certain merchants using… Read More

June 21, 2022 @ 7:46 am By Omar Faridi  |  

  Deloitte reportedly has the highest number of open positions with 144 crypto-related vacancies in the last seven days, “followed by ex-Twitter CEO Jack Dorsey’s Block (formerly Square) and Cash App with 59 and 24 new crypto-related roles in the last seven days, respectively,” according… Read More

June 13, 2022 @ 3:47 pm By Omar Faridi  |  

Coinme, a cryptocurrency cash exchange in the U.S., and Circle, a global internet finance firm and the issuer of USD Coin (USDC), recently announced at Consensus 2022 a strategic collaboration “to integrate USDC into Coinme’s global cash onramp and offramp ecosystem.” The integration “promotes financial… Read More

June 1, 2022 @ 11:47 pm By Omar Faridi  |  

GCash, a Philippines based mobile wallet that’s operated by Mynt under Globe’s corporate venture builder 917Ventures, recently revealed that it now has more than 60 million registered users and over 5 million merchants across the country. As noted in the update, GCash stated that that… Read More

May 20, 2022 @ 3:23 pm By JD Alois  |  

Max Credit Cards and Bits of Gold have partnered to launch a Visa card in Israel called MaxBack Crypto. The new card is said to be the first crypto cashback card in Israel, designed to allow users to accumulate Bitcoin while they use the card…. Read More

May 19, 2022 @ 10:05 pm By Omar Faridi  |  

Greenlight Financial Technology, Inc., the Fintech firm on a mission to help parents raise financially-smart kids, recently announced the Greenlight Family Cash Mastercard, a credit card designed “to help parents save for their kids’ college and family’s future.” The Family Cash Card is the “first… Read More