Tagged: united states

January 15, 2023 @ 8:25 pm By Omar Faridi  |  

SentBe, Korea’s fintech company, announced the official launch of its international money transfer service in the U.S., “a significant move in the company’s global expansion.” Customers, including migrant workers in the U.S., can now “send U.S. dollars to more than 50 countries with greater ease… Read More

January 12, 2023 @ 8:24 am By Omar Faridi  |  

Small business loan approval percentages at big banks “slipped again, falling from 14.6% in November to 14.5% in December, which tied with January for the lowest monthly approval rate for big banks in 2022,” according to the latest Biz2Credit Small Business Lending Index™ released on… Read More

January 10, 2023 @ 8:52 pm By Omar Faridi  |  

TMX Group Limited announced that it has made a strategic investment in VettaFi Holdings LLC, a US-based, privately owned data, analytics, indexing, digital distribution, and thought leadership company. VettaFi cultivates a data-driven platform, “built to empower and educate the modern financial advisor, asset manager and… Read More

January 10, 2023 @ 4:58 pm By Omar Faridi  |  

Built Technologies, the “fastest growing” construction and real estate fintech provider in the U.S., announced the addition of two industry veterans as company advisors, Bora Chung and Matt Marenghi. Their expertise will help Built “drive innovation and value for its customers as the company scales… Read More

January 9, 2023 @ 9:00 am By Omar Faridi  |  

Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional and Komodo Platform’s chief technology officer. Komodo is described as “an open, composable blockchain platform.” With a multi-chain design, Komodo is focused on “providing fully composable blockchain solutions for independent developers,… Read More

January 5, 2023 @ 6:30 pm By Omar Faridi  |  

The Clearing House (TCH) announced that President & CEO Jim Aramanda will be retiring in early-2023, “after 15 years leading the company.” Aramanda will be “succeeded by David Watson, who most recently served as Chief Product Officer of Swift.” In this role, Watson maintained responsibility… Read More

January 5, 2023 @ 8:42 am By Omar Faridi  |  

When it comes to New Year’s resolutions, improving personal finances “isn’t anything new,” according to an update from TrueAccord. But as we look ahead to 2023, TrueAccord reveals that they “see more and more Americans adding serious financial goals to their list.” A recent Ascent… Read More

January 4, 2023 @ 2:35 pm By Omar Faridi  |  

The team at Next Insurance is pleased to announce Employment Practices Liability Insurance (EPLI) is now “available with general liability in 28 states plus Washington, DC.” This expansion continues NEXT’s mission “to help entrepreneurs thrive by providing additional protection for business owners against lawsuits involving… Read More

January 3, 2023 @ 4:57 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) announced it has committed $13 million in funding to more than 100 Chicago-area nonprofit organizations working “to drive economic opportunity for individuals and families in underserved Chicagoland communities.” In 2022, Bank of America partnered with nonprofits that are “addressing key… Read More

January 3, 2023 @ 4:29 pm By Omar Faridi  |  

Logistics payments and data infrastructure platform PayCargo announced that it has been awarded $15.1 million inclusive of attorneys’ fees, prejudgment interest, and costs in “a trademark infringement and breach of contract lawsuit the company brought against CargoSprint and its founder/CEO Joshua Wolf.” The judge in… Read More

January 2, 2023 @ 8:47 pm By Omar Faridi  |  

Recently, Paxos, the regulated blockchain and tokenization infrastructure platform, submitted recommendations to the Financial Stability Board (FSB) on how best “to safely oversee a global, fiat-backed stablecoin and its issuer.” Paxos welcomed the opportunity “to provide comments to the Financial Stability Board and agreed with… Read More

January 2, 2023 @ 8:49 am By Omar Faridi  |  

In 2022, several notable federal indictments, sentences, and seizures related to cryptocurrency were “made public in the United States,” the CertiK team noted. To understand the extent and nature of government activity in Web3, CertiK has conducted research and analysis “on the state of federal… Read More

January 2, 2023 @ 8:40 am By Omar Faridi  |  

Circle has submitted comments to the Financial Stability Board’s (FSB) proposed framework for the international regulation of crypto-asset activities and the regulation and supervision of “Global Stablecoin” Arrangements. Circle appreciates the critical role that the FSB plays in “promoting international financial stability, particularly in developing… Read More

January 1, 2023 @ 6:00 pm By Omar Faridi  |  

Pacaso, the real estate platform that helps people buy and co-own a luxury second home, released a report “identifying the top ten luxury second home markets across the U.S. in 2022.” To determine the top U.S. markets, Pacaso reportedly “analyzed second home mortgage rate lock… Read More

December 31, 2022 @ 7:00 pm By Omar Faridi  |  

According to Mastercard SpendingPulseTM, U.S. retail sales excluding automotive “increased 7.6% year-over-year this holiday season, running from November 1 through December 24.” Mastercard SpendingPulse “measures in-store and online retail sales across all forms of payment and is not adjusted for inflation.” Steve Sadove, senior advisor… Read More

December 29, 2022 @ 1:53 pm By Omar Faridi  |  

Driven by the COVID-19 pandemic, U.S. eCommerce sales “increased by 50.5% from 2019 to 2021,” according to an update shared by Chargebacks911. While eCommerce growth is “predicted to slow to 9.4% year over year in 2022, online sales are expected to cross the $1 trillion… Read More

December 26, 2022 @ 8:34 am By Omar Faridi  |  

A joint research effort between the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology into the technical feasibility of a potential central bank digital currency “is now complete.” The Boston Fed’s work on CBDC with MIT’s Digital Currency Initiative is known as… Read More

December 24, 2022 @ 1:19 pm By Omar Faridi  |  

SavvyMoney, the provider of innovative credit score solutions, and Alkami, the provider of cloud-based digital banking solutions for banks and credit unions in the U.S., recently signed their 100th shared customer, a key milestone in their expanding partnership. Since its launch in 2019, the number… Read More

December 24, 2022 @ 10:37 am By Omar Faridi  |  

The FBI is warning the public that cybercriminals are using search engine advertisement services “to impersonate brands and direct users to malicious sites that host ransomware and steal login credentials and other financial information.” Cybercriminals purchase advertisements that “appear within internet search results using a… Read More

December 22, 2022 @ 11:26 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report… Read More