November 23, 2023 @ 2:00 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, today announced a partnership with Alaska Airlines that introduces Tap to Pay on iPhone as the primary checkout option during a flight. Using Stripe, more than 7,000 crew members will be able “to accept contactless payments for food… Read More

November 23, 2023 @ 1:56 pm By Omar Faridi  |  

The Nubank (NYSE:NU) Cripto crypto currency trading platform is currently evolving, and is announcing today five new options for Nubank customers. Over the next few weeks, gradually, the user base “will gain access to the digital currencies Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM), Arbitrum… Read More

November 23, 2023 @ 12:43 pm By Omar Faridi  |  

The Black Friday sales are fast upon us and while “nearly two thirds (62%) of consumers say they plan to take advantage of the discounts, nearly a third (29%) of people who have shopped over Black Friday in the past have regretted their purchases.” Buyer’s… Read More

November 23, 2023 @ 12:37 pm By Omar Faridi  |  

Xero, the global small business platform, has launched several updates to its practice tools at UK Roadshow, including “a new tax manager feature in Xero HQ, an important feature in its plan to more seamlessly connect Xero Practice Manager (XPM), Xero HQ and Xero Tax.”… Read More

November 23, 2023 @ 11:12 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the recent release of a white paper titled, “2024: Anticipating Tomorrow’s Trends.” The report highlights the findings of a September 2023 survey of 500… Read More

November 23, 2023 @ 10:25 am By Omar Faridi  |  

One year ago, OakNorth – the UK digital bank has acquired a 50% stake in ASK Partners (ASK), a specialist lender that reportedly has enabled over £1.4 billion of lending through its platform “where institutional partners, family offices, and high net worth individuals provide funding.”… Read More

November 23, 2023 @ 10:02 am By Michael Wong  |  

GC Exchange FZE (GCEX), a subsidiary of the GCEX Group, has been granted an Operational VASP Licence by Dubai’s Virtual Asset Regulatory Authority (VARA) for VA Broker-Dealer services. This developmens comes after GCEX opened its Dubai office in July 2022 and received a Minimal Viable… Read More

November 23, 2023 @ 9:52 am By Omar Faridi  |  

There were several notable digital asset and blockchain-focused developments that were announced this past week, including Republic choosing Avalanche for its profit-sharing investment Note. This week also saw crypto exchange Kraken being sued by the US Securities and Exchange Commission (SEC) for allegedly failing to… Read More

November 23, 2023 @ 9:24 am By Michael Wong  |  

UK-based PaymentSense is planning to apply for an e-money license from the Central Bank of Ireland, the Irish Independent reported. PaymentSense, known for providing merchants with card terminals for contactless payments, is already established in Ireland. However, the approval of its e-money license application would… Read More

November 23, 2023 @ 8:23 am By Omar Faridi  |  

Bitpanda says they’re always looking for new ways to make investing even more simple and secure. Bitpanda is now pleased to announce that – if you are resident in Germany and Austria – you can now “make free deposits to your Bitpanda wallet using PayPal.”… Read More

November 22, 2023 @ 5:42 pm By Omar Faridi  |  

LOTTE HIMART, one of the largest electronic goods retailers in South Korea, has partnered with international insurtech bolttech in order “to launch the country’s first-ever home appliance switching service.” Powered by bolttech’s embedded insurance technology, the service will “enable LOTTE HIMART customers to easily replace… Read More

November 22, 2023 @ 5:33 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC), is scheduled to meet next week, and it has just posted its agenda. Probably the most interesting subject on the list of topics is the segment on the definition of an Accredited… Read More

November 22, 2023 @ 4:43 pm By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has named two new members to its Board of Directors, Deb Schwartz and Dr. Samer Haj-Yehia, “effective immediately.” The newly named Directors will “succeed departing Directors Irina Novoselsky and Silvija… Read More

November 22, 2023 @ 4:34 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants and an AWS Qualified Software Partner, announced that the FloQast Accounting Operations Platform is now “available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that… Read More

November 22, 2023 @ 12:20 pm By JD Alois  |  

At the end of last month, FATF (Financial Action Task Force) published a report on crowdfunding and the funding of terrorism. While the two sides of the discussion may seem to be unrelated, bad actors are always looking for a path to cover their tracks,… Read More

November 22, 2023 @ 11:52 am By Omar Faridi  |  

The study of 2020 consumers in Germany, posted by Solaris, aimed to unearth consumer attitudes “to taking out financial services from brands in the tourism sector.” Key findings shared by Solaris are as follows: Consumers indicate high levels of confidence and trust towards tourism brands,… Read More

November 22, 2023 @ 11:26 am By JD Alois  |  

It seems like just about everyone, in both the private and public sectors, is issuing notes of caution in regard to cyber-scams and online fraud during this holiday season. While digital technology, including Fintech, has been a boon for consumers and businesses, it has already… Read More

November 22, 2023 @ 11:08 am By Omar Faridi  |  

Revolut Head of Financial Crime is warning consumers to “stay vigilant amidst surging frauds this sale season as e-commerce scams such as fake websites become increasingly sophisticated.” Revolut’s single use virtual disposable cards, which “protect shoppers’ card details so they are never shared with vendors,… Read More

November 22, 2023 @ 11:04 am By JD Alois  |  

Prosper, a UK Wealthtech that aims to improve investment offerings for the mass affluent has opened up a funding round on Crowdcube. In a release, Prosper CEO Nick Perrett stated: “It’s time that the people who help you with your money are motivated to keep… Read More

November 22, 2023 @ 10:52 am By Omar Faridi  |  

Cyber and digital technology risks are a key concern for businesses and risk leaders in 2023, even as 60% see GenAI “as an opportunity for their businesses,” according to PwC’s 2023 Global Risk Survey, published recently. More than 3,900 business and risks leaders – “from… Read More