Tagged: united states

May 6, 2023 @ 9:17 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) notes that it’s time to update the system. They also pointed out that the majority of financial systems were built over 100 years ago. According to the firm, the rules are “outdated, the technology has been slow to catch up, and all over… Read More

May 3, 2023 @ 8:28 am By Omar Faridi  |  

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

May 2, 2023 @ 11:40 pm By Omar Faridi  |  

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), and Amazon (NASDAQ:AMZN) recently announced new benefits and features on the Amazon Visa card portfolio, “providing cardmembers with increased opportunity to earn cash back on purchases made with their card… Read More

May 2, 2023 @ 6:17 pm By Omar Faridi  |  

Finastra announced that First Citizens Bank of Iowa and Minnesota, a family-owned community bank headquartered in Mason City, Iowa, has “expanded its collaboration with Finastra, migrating Finastra’s Fusion Phoenix core solution from on-site hosted to the cloud.” The bank will leverage its new core capabilities… Read More

May 2, 2023 @ 2:39 pm By Omar Faridi  |  

C2FO claims it is the first and “only” platform to provide on-demand working capital to suppliers of major enterprises worldwide. To mark their 15th year of doing business, the company announced the launch of “a new brand and an enhanced website that bring the company’s… Read More

May 2, 2023 @ 8:18 am By Omar Faridi  |  

Berlin-based Fintech Raisin has appointed Cetin Duransoy as the new CEO of Raisin US, effective 1 May 2023. Cetin Duransoy reportedly “brings over 20 years of experience, having served in senior positions at companies including Capital One and Visa.” Before joining, Cetin served “as president… Read More

April 30, 2023 @ 6:17 pm By Omar Faridi  |  

Frisch’s Big Boy, the 75-year-old American comfort food and casual-themed restaurant brand, announced its partnership with DailyPay–the provider of on-demand pay. Through the partnership, Frisch’s Big Boy’s employees “have access to an important financial wellness benefit that allows them to access their earned pay after… Read More

April 30, 2023 @ 5:15 pm By Omar Faridi  |  

AMC Theatres (NYSE: AMC and APE), which claims to be the largest theatrical exhibitor in the United States and the world, announced it has officially launched the AMC Entertainment Visa Card. AMC Stubs members can now “apply for the AMC Entertainment Visa Card to earn… Read More

April 30, 2023 @ 2:47 pm By Omar Faridi  |  

CubiCasa, the global-reaching real estate software company, announced a collaboration with Bright MLS, which claims to be one of the largest Multiple Listing Services (MLS) in the country, “to offer CubiCasa’s easy-to-use floor plan creation app to Bright subscribers.” The collaboration will aim to “expand… Read More

April 30, 2023 @ 1:24 pm By Omar Faridi  |  

Immuta, a data security provider, announced new vulnerability risk assessment and dynamic query classification capabilities for the Immuta Data Security Platform. These new features “enable customers to promptly identify and prioritize security gaps, protecting sensitive data based on the context and sensitivity levels.” When combined… Read More

April 30, 2023 @ 8:59 am By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, recently announced financial results for the first quarter ended March 31, 2023. Scott Sanborn, LendingClub CEO, said: “We delivered a solid quarter driven by our strategic advantages, including over 15 years… Read More

April 28, 2023 @ 3:30 pm By Omar Faridi  |  

InvestCloud, the global firm focused on digital transformation for the financial industry with over $6 trillion in assets, has been selected by BUNKER, a US-based fintech seeking to democratize access to the US markets for Latin Americans, “to help launch a pioneering mobile-first digital investment… Read More

April 27, 2023 @ 3:32 pm By Omar Faridi  |  

Axoni, a provider of data synchronization technology and financial market infrastructure, announced “the close of a $20 million equity financing round led by EJF Ventures, with participation from Laurion Capital Management, Communitas Capital, and existing investors. Axoni has raised more than $110 million since inception.”… Read More

April 26, 2023 @ 10:47 pm By Omar Faridi  |  

Alto, a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, announced “a breakthrough solution that makes it easy for issuers to raise capital by tapping into the more than $10T held in IRAs.” The Alto platform “simplifies raising… Read More

April 26, 2023 @ 3:10 pm By Omar Faridi  |  

Financial Recovery Technologies (FRT), the global securities class actions recovery provider, announced it will power the North American class action filing and recovery service for BNY Mellon‘s custody clients, “including broader access to comprehensive non-U.S. alerts for global markets.” This expands upon the alliance that… Read More

April 25, 2023 @ 10:45 pm By Omar Faridi  |  

An American Express (NYSE: AXP) survey of 1,100 U.S. small businesses shows that smaller firms are seeking consolidated cash flow management tools “to foster greater efficiency, profitability, and business growth.” Brett Sussman, Vice President Head of Sales & Marketing, American Express Business Blueprint & Banking,… Read More

April 25, 2023 @ 8:22 pm By Omar Faridi  |  

Bolton Global Capital, an independent wealth management firm, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced a partnership “to provide Bolton’s extensive network of financial advisors with a range of private market offerings and resources.” Bolton… Read More

April 25, 2023 @ 3:27 pm By Omar Faridi  |  

Aegis Trust, which claims to be one of the select few digital asset qualified custodians in the U.S. offering client-centric technology infrastructure and regulatory-compliant solutions, announced that Anthony Botticella has been “appointed as the new President of the company, as well as its global custodian… Read More

April 25, 2023 @ 12:56 pm By Omar Faridi  |  

Streetbeat is an investment platform designed “to make the stock and ETF trading process accessible for retail investors.” As a registered investment advisor registered with SEC, it reportedly “leverages algorithmic data-driven strategies to help users mitigate investing challenges and unlock new opportunities.” Their vision is… Read More

April 23, 2023 @ 9:20 pm By Omar Faridi  |  

Wealthtech firm Addepar has shared their monthly update of activity on their platform along with research insights and client, partner and company developments. Addepar is introducing a visualized ownership structure along with a Global Security Master Entity Name attribute that “enables users to see total… Read More