Tagged: united states

September 9, 2021 @ 1:30 pm By Omar Faridi  |  

Crediverso, the Hispanic-owned personal finance products firm, reveals that it has introduced a bilingual platform and a financial products marketplace tool “to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population,” according… Read More

September 8, 2021 @ 11:08 pm By Omar Faridi  |  

Finxact, an established Core as a Service banking provider, reveals that Live Oak Bank, a small business bank, has converted its retail and commercial deposit accounts to the Finxact Core. The conversion serves as an inflection point for the sector with a $8 billion+ banking… Read More

September 8, 2021 @ 1:44 pm By Omar Faridi  |  

Digital assets exchange EQONEX (Nasdaq: EQOS) reveals that it will be conducting its first  airdrop of EQO dollars (EQO-D) “exclusively for the holders of its native token EQO.” As mentioned in a release shared with CI: “Under the terms of the airdrop, 100 EQO-D will… Read More

September 5, 2021 @ 5:24 pm By Omar Faridi  |  

There has been a special focus on anti-money laundering (AML) in the industry during August 2021, with accelerations in the use of artificial intelligence for AML, as well as certain updates made to regulatory guidelines, according to a report from Banking Circle. Payments specialist Banking… Read More

September 4, 2021 @ 4:56 pm By Omar Faridi  |  

epay, the virtual payments division of Fintech solutions and payments provider Euronet Worldwide, Inc. (NASDAQ:EEFT), recently revealed that it has completed the integration of the PayPal QR Code in their point-of-sale (POS) solution. The new solution is now live in Germany and will be offered… Read More

September 2, 2021 @ 9:05 am By Omar Faridi  |  

Heroes, an established digital commerce firm which acquires, operates and scales “top performing” Amazon brands, reveals that it has finalized a $200 million round from US-headquartered investor Crayhill Capital Management. As mentioned in an update shared with CI, the investment round will aim to facilitate… Read More

September 1, 2021 @ 9:31 pm By Omar Faridi  |  

Astra has announced a new partnership with Plaid in order to enable Fintech companies to embed automated bank transfers. The Astra team noted that they’re pleased to be working with Plaid, a data network powering the digital financial ecosystem, in order to offer an integrated… Read More

September 1, 2021 @ 8:25 pm By Omar Faridi  |  

Milo, a venture-backed Fintech company that offers direct lending mortgage solutions for foreign nationals, has unveiled a new broker channel for wholesale mortgage partners throughout the US. As mentioned in a release: “With a complete, online lending solution, Milo brings more than 50 years of… Read More

September 1, 2021 @ 9:00 am By Omar Faridi  |  

LendingHome, one of the country’s largest lenders to real estate investors, reveals that it will change its name in “coming months” and rebrand as Kiavi. According to a release shared with CI, the new name, which comes from the phonetic representation of the Italian word… Read More

September 1, 2021 @ 7:43 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, and Global-e (NASDAQ: GLBE), a cross-border digital commerce platform, have extended their partnership to provide  flexible payment methods to clients across the US, UK, France, Spain, Italy, and Australia. Klarna‘s payment services will be accessible to… Read More

August 31, 2021 @ 10:27 pm By Omar Faridi  |  

NCR Corporation (NYSE: NCR), an international enterprise tech provider, revealed on August 24, 2021, that $2.7-billion asset TruMark Financial Credit Union has chosen NCR to offer “a more seamless, consistent digital banking experience to its retail and business members.” As noted in a release, the… Read More

August 31, 2021 @ 3:21 pm By Omar Faridi  |  

Chase (NYSE: JPM) and Visa (NYSE: V) have revealed that beginning on August 30, 2021, and through September, whenever riders tap on MTA subways or buses with their Chase Visa contactless cards, they’ll be donating $0.10 per tap, up to $250,000, to domestic non-profit New… Read More

August 29, 2021 @ 11:08 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and assists merchants with driving growth reveals that its “flexible” payment service will soon be available to Amazon.com clients at checkout. As mentioned in the announcement, Amazon and Affirm are currently testing with select customers, and… Read More

August 28, 2021 @ 9:03 am By Omar Faridi  |  

The National Bank of Canada (TSE: NA) has reportedly invested $103 million in Flinks, including $30 million in growth capital “towards acceleration of the Montreal-based fintech’s expansion activities in North America,” according to a release. As mentioned in the announcement, the investment has been made… Read More

August 28, 2021 @ 7:42 am By Omar Faridi  |  

Monzo USA recently revealed that you can move money to and from your other accounts – a feature that’s currently in Beta testing. From August 24, 2021, digital bank Monzo clients have been able to connect their other non-Monzo accounts to their Monzo account. Clients… Read More

August 27, 2021 @ 11:45 am By Omar Faridi  |  

InComm Payments, a payments tech firm, and doxo, the largest bill pay directory in the US, have joined forces to allow doxo users to pay household bills with cash at 60,000+ retail locations throughout the US. The Federal Reserve Bank of Atlanta reveals that a… Read More

August 27, 2021 @ 7:50 am By Omar Faridi  |  

US-based Fintech Unicorn Brex, the all-in-one or comprehensive finance solution for growing businesses, has introduced Brex Venture Debt, a newly-developed product that gives certain clients access to debt financing. Brex currently provides credit cards, cash management accounts, spend management, and bill pay software together via… Read More

August 26, 2021 @ 7:44 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm transforming the digital wealth management sector via its  platform for financial professionals, reveals that it has teamed up with NYDIG—a tech and financial services company “dedicated” to Bitcoin—in order to launch “first-to-market” Bitcoin education “designed for wealth managers, and… Read More

August 26, 2021 @ 10:37 am By Omar Faridi  |  

Riot Blockchain, Inc. (NASDAQ: RIOT), which is one of the leading Nasdaq-listed public Bitcoin mining firms in the US, recently shared its financial results “as of and for the three-months ended June 30, 2021.” Riot Blockchain’s unaudited financial statements are also available via the firm’s… Read More

August 25, 2021 @ 2:50 pm By Omar Faridi  |  

Small businesses’ average total sales reached 80% of pre-COVID levels, according to a recent Kabbage Survey. COVID-19 vaccination rates among small business owners have outpaced the US national average while issues with recruitment and reopening protocols “persist,” the Kabbage team noted earlier this month. Kabbage,… Read More