May 30, 2024 @ 8:37 am By Omar Faridi  |  

Global Fintech firms Nexi, Stripe, Adyen have introduced Apple‘s (NASDAQ:AAPL) Tap to Pay service in Italy Payments Fintechs Nexi, Stripe and Adyen have begun providing firms in Italy a way to take payments from clients that relies on Apple’s iPhones. Apple’s Tap to Pay service… Read More

May 30, 2024 @ 8:36 am By Omar Faridi  |  

The board of directors of Robinhood Markets, Inc. (NASDAQ: HOOD) has authorized a $1 billion share repurchase program, “demonstrating management and the board’s confidence in Robinhood’s financial strength and future growth prospects.” Jason Warnick, Chief Financial Officer of Robinhood, said: “As our business and cash… Read More

May 30, 2024 @ 8:35 am By Omar Faridi  |  

Klickl is pleased to announce its recent acquisition of a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This milestone not only enhances Klickl’s ability “to offer both custody and brokerage services for virtual assets as… Read More

May 30, 2024 @ 8:33 am By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside of Asia, announces the launch of its cryptocurrency transfer functionality. Now, customers can send and receive crypto assets “directly from their wallets.” The solution, which is being gradually rolled out,… Read More

May 30, 2024 @ 8:31 am By Omar Faridi  |  

FlightHub, the Canadian online travel agency and subsidiary of the travel innovation company Momentum Ventures, announced a partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, “to bring transparent and flexible payment options to eligible Canadian travelers.” At… Read More

May 30, 2024 @ 8:29 am By Omar Faridi  |  

Data from the Federal Trade Commission (FTC) shows that Best Buy/Geek Squad, Amazon, and PayPal are the companies people report scammers impersonating most often. A newly released data spotlight shows that in 2023, consumers “submitted about 52,000 reports about scammers impersonating Best Buy or its… Read More

May 30, 2024 @ 8:26 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal’s stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users “with the choice of multiple blockchains allowing for increased flexibility and control.”… Read More

May 30, 2024 @ 8:25 am By Omar Faridi  |  

Salt Bank, a new digital bank in Romania’s financial landscape, has launched less than one year after the project was kicked off. Salt Bank is the first neobank using Engine by Starling’s core banking system “outside of the vendor’s parent company, Starling Bank.” It was… Read More

May 30, 2024 @ 8:22 am By Omar Faridi  |  

NatWest has extended access to Business Savings from Mastercard to business debit card customers. Business Savings is a merchant discount program “provided by Mastercard which gives small business customers access to merchant offers when paying with an eligible Business Mastercard at merchants participating in the… Read More

May 30, 2024 @ 8:20 am By Omar Faridi  |  

‍Three in ten SME finance professionals (28%) report that the most requested loan amount at the start of 2024 was over £100,000, 56% higher than the same period last year, according to iwoca’s Q1 2024 SME Expert Index. The new research, conducted with SME finance… Read More

May 29, 2024 @ 5:45 pm By Omar Faridi  |  

Nium, the global enabler of  in real-time cross-border payments, announced today that HappyEasyGo, an online travel agency, has selected it for virtual card payments. Launched in 2017, HappyEasyGo claims that it “has emerged as one of the fastest-growing flight and hotel booking platforms in Asia,… Read More

May 29, 2024 @ 5:39 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT) announced that it has made a proposal to the Bitfarms Board of Directors to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ: BITF) at a price of US$2.30 per Bitfarms common share. Riot also announced that it has… Read More

May 29, 2024 @ 3:18 pm By JD Alois  |  

While the US Congress has a pending ban on China-owned TikTok (ByteDance), if the company is sold to a US entity, it may still operate in the country. The fear is the tendrils of the Chinese Communist Party are utilizing TikTok to garner data from… Read More

May 29, 2024 @ 2:39 pm By Omar Faridi  |  

Xapo Bank, the “fully” licensed bank that makes it simple for members to bank with Bitcoin, today announces that it has integrated further with the Lightning Network to facilitate Bitcoin deposits into members’ Bitcoin accounts. The integration provides an additional method “to deposit Bitcoin from… Read More

May 29, 2024 @ 2:14 pm By Tony Zerucha  |  

Fabrick, an open finance operating company, this week announced the acquisition of finAPI GmbH, a German open finance solutions provider. Founded in Munich in 2008 to develop solutions for the aggregation and analysis of financial data, finAPI serves more than 350 clients, including banks, financial… Read More

May 29, 2024 @ 2:10 pm By Omar Faridi  |  

Capital on Tap, the small business credit card and spend management platform trusted by over 200,000 businesses, has expanded its partnership with Plaid to the United Kingdom. This builds upon Capital on Tap and Plaid’s successful partnership in the US, “which began back in January… Read More

May 29, 2024 @ 2:07 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced its strategic partnership with Footprint, a unified onboarding platform for identity, fraud and security. The addition of Footprint to Treasury Prime’s Partner Marketplace will “provide banks and their fintech clients access to Footprint’s Know Your Customer (KYC)… Read More

May 29, 2024 @ 11:48 am By JD Alois  |  

SeedBlink, a European securities crowdfunding provider approved under ECSPR, has announced an updated platform—an all-in-one equity management and investment platform. SeedBlink aims to boost equity ownership in Europe, which lags behind compared to US investors. SeedBlink says the updated platform will allow issuers and investors to… Read More

May 29, 2024 @ 11:26 am By JD Alois  |  

Digital asset firm Uphold is now offering a white-label service for issuers and other platforms to leverage digital assets. The crypto exchange is said to serve “millions” of customers in over 14 different countries. The Uphold-as-a-Service is said to offer services beyond digital asset offerings,… Read More

May 29, 2024 @ 11:18 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company’s consumer value proposition. Mark Grether will reportedly join “on May 28 as SVP, General Manager, PayPal Ads, and John Anderson has joined… Read More