Tagged: united states

August 25, 2021 @ 8:15 am By Omar Faridi  |  

Fintech firm Westpay AB, and Klarna AB, a global retail bank, payments, and shopping service, have entered an agreement aiming to further expand the reach and “footprint” of Klarna’s payment services. As mentioned in a release, Westpay will now be integrating Klarna’s payment offerings, “making… Read More

August 24, 2021 @ 11:17 pm By Omar Faridi  |  

On Monday (August 23, 2021), the US Treasury Department and the Monetary Authority of Singapore (MAS) confirmed the finalization of a bilateral Memorandum of Understanding (MoU) on Cybersecurity Cooperation. This announcement has been made during Vice President Kamala Harris’ recent trip to Singapore, where the… Read More

August 24, 2021 @ 10:44 pm By Omar Faridi  |  

Global AI-enhanced credit decision platform provider, Scienaptic AI, has revealed that Cooperative Teachers Credit Union (CTCU) has chosen its AI-based platform, allowing the credit union to make “stronger, faster” credit decisions and provide improved financial options for its members. As noted by Scienaptic AI‘s developers:… Read More

August 24, 2021 @ 10:05 pm By Omar Faridi  |  

MovoCash, a California-headquartered Fintech firm, is improving their clients’ on-demand banking experience with new money movement options supported by Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech. MOVO is enhancing payments by enabling clients to deposit, pay, receive, save, send… Read More

August 23, 2021 @ 11:37 am By Omar Faridi  |  

Aspiration Partners Inc., a Marina del Rey-headquartered Fintech firm that provides clients with tools to help with prioritizing sustainability in their spending habits, is set to go public through a merger with a blank check company. As mentioned in a release, the deal with InterPrivate… Read More

August 22, 2021 @ 5:38 pm By Omar Faridi  |  

Canada’s travel technology firm Hopper recently finalized a $175 million Series G round that was led by New York-based GPI Capital. As noted by its management: “At Hopper, we’re on a mission to build the most customer-centric travel company on earth. We are leveraging the… Read More

August 22, 2021 @ 2:21 pm By Omar Faridi  |  

Fintech Collective, a VC company that’s focused on creating the “future” of financial services by investing across traditional Fintech and emerging crypto-assets, revealed on Friday (August 20, 2021) that it has raised capital, as part of its existing early-stage strategy and for its new strategy… Read More

August 21, 2021 @ 8:49 am By Omar Faridi  |  

Sightline Payments revealed, earlier this week, the completion of a $244 million round valuing the firm at more than $1 billion. With this capital injection, Sightline becomes Nevada’s very first Fintech Unicorn—one of almost 700 startups globally to be valued at $1 billion+ as a… Read More

August 20, 2021 @ 3:19 pm By Omar Faridi  |  

Teslar Software, a provider of portfolio management tools that aggregate and automate the lending process and deposit operations for community financial institutions, reveals that it has teamed up with Citizens Bank & Trust in order to enhance lending processes from “beginning to end.” This should… Read More

August 20, 2021 @ 10:04 am By Omar Faridi  |  

Alto recently named Amin Dabit as their Chief Operating Officer Dabit has joined the next-gen alternative investment IRA custodian amid “significant growth” according to an update and detailed discussion with Crowdfund Insider on Thursday (August 19, 2021). Alto Solutions, Inc. (Alto), the next-gen self-directed IRA… Read More

August 19, 2021 @ 3:21 pm By Omar Faridi  |  

In 2019, Todd Johnsen, Snap Finance’s senior manager of Collections Vendors, had been tasked with doing something which had never been done at Snap before: implementing a third-party collections program. Johnsen noted that at that time, the only recovery program for charge-off accounts was “a… Read More

August 19, 2021 @ 2:18 pm By Omar Faridi  |  

Stax by Fattmerchant, which claims to be the industry’s “only” complete “all-in-one” solution for managing “everything” in the payments ecosystem, has announced the addition of credit card surcharging to its “feature-rich” technology. As mentioned in a released shared with CI: “With prices of processing fees… Read More

August 19, 2021 @ 9:36 am By Omar Faridi  |  

The music industry deserves “music banking.” Nerve reveals the launch of the first neobank that will address the requirements of musicians. Nerve’s mobile app will aim to merge user experience and Fintech solutions in order to assist artists with establishing stronger communities and more sustainable… Read More

August 18, 2021 @ 6:00 pm By Omar Faridi  |  

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

August 18, 2021 @ 11:26 am By Omar Faridi  |  

Branch, which helps businesses “accelerate” payments to “empower” working Americans, revealed on August 17, 2021 that it has secured more than $540 million in capital to “fuel its momentum in delivering flexible workforce payments.” Addition has reportedly led the closing of a $48 million Series… Read More

August 18, 2021 @ 9:17 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and related services, reveals that it will be working with PayPal in order to bring online wallet payment options to ACI’s biller customers including Monroe County Water Authority (MCWA). PayPal and Venmo will… Read More

August 17, 2021 @ 4:38 pm By Omar Faridi  |  

Walgreens (Nasdaq: WBA) has rolled out the new myWalgreens Credit Card program, which  features two “industry-first” retail health and wellness credit cards that have been issued by Synchrony Bank (NYSE: SYF). The myWalgreens Mastercard and the myWalgreens card will be offering more personalized wellbeing choices…. Read More

August 17, 2021 @ 8:55 am By Omar Faridi  |  

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

August 16, 2021 @ 6:27 pm By Omar Faridi  |  

Mawson Infrastructure Group Inc. revealed on August 12, 2021, that they had purchased an additional 17,352 of Canaan’s (NASDAQ:CAN) latest generation ASIC Bitcoin miners, adding more than 1.5EH to Mawson’s current operations. The additional 17,352 Avalon A1166 and A1246 BTC miners will be deployed across… Read More

August 15, 2021 @ 8:09 pm By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared its Performance Update Report for the month of July 2021. As noted in the report prepared by Haiyan Huang from Prosper, dated August 13,… Read More