Tagged: app

APP Scams Emerge as Top Payments Fraud Threat, ACI Worldwide Report Claims

One in every five global consumers surveyed in 2022 said they “fell victim to payments fraud in the last four years — 26.9% of whom are victims of Authorized Push Payment (APP) scams, which is the number one fraud threat globally” — according to the… Read More

Bill Sytsma: Senior Vice President at Callsign Reveals How Authorized Push Payment Fraud Poses Threats for Consumers

We recently connected with Bill Sytsma, Senior Vice President at Callsign, a digital trust pioneer servicing some of the top banks in the US, to discuss authorized push payment (APP) fraud. Bill began working at Callsign in January 2021, where he is responsible for the… Read More

Investment App Plum Adds New Widget Feature for iOS Users

Investment app Plum has reportedly added a widget feature for its iOS clients in order to make it more convenient to keep track of their finances. Plum customers may now review how much they are saving into customizable pots via their iOS home screen without… Read More

Social Investing App Shares Raises $40 Million Series A

Shares, a combination investing and social app, has raised $40 million in Series A funding. The round was led by Peter Thiel’s fund – Valar Ventures. Other investors include Singular and Global Founders Capital. Shares previously raised $10 million. Shares reports 130 employees in three… Read More

Savings and Investment App Chip Adds Crypto Option for its Users

Chip, a savings and investment app that is authorised by the UK FCA as a payments provider, has added Crypto Companies Fund to its list of available funds for its users. While not offering direct crypto trading, Chip is providing a path for adding crypto… Read More

SupraFin Now Offers Android App with Institutional Quality Crypto Investment Algorithms

SupraFin, a platform that offers professional quality crypto investing services, has now launched an Android app to complement its already released Apple version. SupraFin is a Wealthtech platform for cryptocurrencies founded by financial services industry professionals with more than 20 years of experience in cryptocurrencies,… Read More

TokenPocket App Removed From App Store After PayPal Initiates Logo Lawsuit

The TokenPocket app was removed from the App Store this week due to what appears to be a disagreement between the company and payments giant PayPal. In a statement on its website dated Nov. 4, TokenPocket said its app was removed from the App Store… Read More

Canadian Fintech Nuula Announces $120M in New Funding

Nuula, a Canadian Fintech company focused on small businesses, today announced $120 million in new funding. The total consists of $20 million in equity funding led by Edison Partners and a $100 million credit facility provided by funds managed by the Credit Group of Ares… Read More

Epazz Sets Timetable for Smart Contract App

Crypto app developer and business software provider Epazz Inc. today pledged to release its StreamPay Blockchain Smart Contract app by the fourth quarter.  The app allows companies to monitor supply chains for fraud by using blockchain technology to trace products from their original components through the… Read More

Fraudulent Activities: Which? Requests UK Banks to Release Figures on Percentage of Clients Refunded for Authorized Push Payment Scams

UK-based consumer group Which? has asked local banking institutions and building societies to release figures on the number or percentage of clients they refund for authorized push payment (APP) fraud. APP scams have been increasing during the Coronavirus crisis, with losses reaching almost half a… Read More

Update: Clim8 Closes Crowdcube Round With More Than £2.3 Million Raised

  Clim8, an App-based startup for sustainable investing, closes its latest equity crowdfunding round on Crowdcube with more than £2.3 million raised. The funding round attracted a total of 1909 Crowdcube investors. As previously reported, Clim8 is looking to capitalize on the heightened awareness of… Read More

Update: Sustainable Investing App Clim8 Set to Close Latest Crowdcube With More Than £1.65 Million Raised

Clim8, an App-based startup for sustainable investing, is set to close its latest equity crowdfunding round on Crowdcube with more than £1.65 million raised from nearly 1400 Crowdcube investors. The campaign launched last month originally seeking £400,000. As previously reported, Clim8 is looking to capitalize… Read More

Overfunding: Clim8 Returns to Crowdcube and Quickly Raises more Than £885,000

Less than six months after securing £1.1 million through its previous Crowdcube campaign, Clim8, an App-based startup for sustainable investing, has returned to the equity crowdfunding platform and has quickly secured more than £885,000 from nearly 785 Crowdcube investors. As previously reported, Clim8 is looking… Read More

Overfunding: Blockchain-Connected Software App Stark Quickly Surpasses £120,000 Funding Target Through Crowdcube Campaign

Stark, a blockchain connected software application, has surpassed its initial £120,000 funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2018, Stark describes itself as a connected blockchain technology company that enables private and public companies to accept and process new forms of… Read More

Y Combinator backed Indian Fintech Investment App Groww Secures $21.4 Million via Series B

Groww, an investment app that aims to focus on providing services to Indian millennials, has reportedly secured $21.4 million in capital through a Series B funding round – which was led by US-based VC firm Ribbit Capital. Existing investors Sequoia India and Y Combinator also… Read More

UK based Minted, a Shariah-Compliant Gold Trading Platform, Is Planning to Launch Services this Month

UK-based Minted, a Shariah-compliant platform for trading gold, is planning to launch its services this month. Gold has served as a safe haven asset during times of economic uncertainty, but mostly wealthy people have invested in the precious metal. Minted aims to change this trend… Read More

Ernst & Young  Launches Cryptocurrency Reporting App to Assist With U.S. Tax Filing

Ernst & Young LLP (EY US) announced on Thursday the launch of EY CryptoPrep, a cryptocurrency application that assists with US tax filings. According to EY, this new Software as a Service (SaaS), web-based product is a fully automated, enterprise-grade crypto tax engine offering step-by-step… Read More

Independent Payment App Mezu Reports Surge in Downloads, Looks to Compete with PayPal, Zelle etc.

    Mezu is a mobile payment app that allows sending and receiving money free, instantaneously, and privately. The app is available for download in both the App Store and Google Play. On the privacy side, Mezu says it uses encrypted transaction codes to execute… Read More

Update: Fintech Mobile App Clim8’s Equity Crowdfunding Campaign Surpasses £1.1 Million During the Final Week on Crowdcube

Clim8, an App-based startup for sustainable investing, has now surpassed £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round, which is set to close next Thursday, has attracted over 1060 Crowdcube investors so far. The company is offering 24.88% in equity at… Read More

Digital Transformation: Six Million People Downloaded their Bank App for the First Time Due to COVID-19

  It is a wonder why people still drive to a bank branch just to wait in a queue when just about every type of financial transaction can be handled directly on your iPhone today. Habits can be hard to break – especially if you… Read More

Send this to a friend