Tagged: us

November 9, 2023 @ 10:45 pm By Omar Faridi  |  

American Express (NYSE:AXP) announced that American Express Business Checking is now available to any eligible U.S. small business, “offering a digital banking experience with no monthly maintenance fees, 24/7 service, and the ability to earn and redeem Membership Rewards points with select travel partners and… Read More

November 9, 2023 @ 12:45 pm By Omar Faridi  |  

Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industries, and DailyPay, a financial technology company, announced it has expanded the rollout of a first-of-its-kind OVG integration into venues across the U.S. The partnership will reach… Read More

November 7, 2023 @ 1:34 pm By Omar Faridi  |  

Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new study published by the Merrill Center for Family Wealth, a part of Merrill Private Wealth Management. The research found 33% of families “increased family… Read More

November 5, 2023 @ 11:33 am By Omar Faridi  |  

Insurance core technology provider Socotra announced today that it is stepping into its role as a title sponsor of InsureTech Connect 2023 in Las Vegas “on the heels of growth of its operations.” The producer of intelligent solutions for the P&C, general, and life insurance… Read More

November 5, 2023 @ 9:28 am By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a firm focused on supporting and securing the Bitcoin ecosystem, has entered into an agreement with Nodal Power, a company that develops and operates renewable energy assets, “specifically in the biogas space, to launch a 280 kW Bitcoin mining pilot… Read More

November 4, 2023 @ 2:10 pm By Omar Faridi  |  

On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national Ekaterina Zhdanova for using cryptocurrency “to launder money on behalf of Russian elites, ransomware groups, and other bad actors.” Chainalysis has examined the three Bitcoin… Read More

November 3, 2023 @ 2:21 pm By Omar Faridi  |  

Americans are shopping earlier than ever before and leveraging flexible payments to manage their expenses during the holiday season according to newly released research from leading financial services company Zip Co (ASX: ZIP). The survey of more than 3,000 U.S. adults revealed “that 57% of… Read More

November 3, 2023 @ 8:02 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) reports that Q3 was a strong quarter for the digital asset firm. In a letter addressed to Coinbase shareholders, the firm says that amid multi-year low levels of volatility, they are pleased with their financial results. Although the company has generated a net… Read More

November 1, 2023 @ 12:15 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), the online platform for small business loans, announced that we have received a formal notice from the US Small Business Administration (SBA) that their application has “resulted in a tentative award for an SBA Small Business Lending Company (SBLC) license to… Read More

October 31, 2023 @ 9:42 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced an agreement to place a $375 million personal loan securitization exclusively with funds and accounts managed by BlackRock (NYSE:… Read More

October 31, 2023 @ 9:40 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s leading digital marketplace bank, released key findings from the 27th edition of the Reality Check: Paycheck-To-Paycheck research series. The Savings Deep Dive Edition “examines consumers’ ability to preserve their savings in the current economic… Read More

October 31, 2023 @ 6:43 pm By Omar Faridi  |  

Small business owners are more optimistic about the future than they were a year ago, with slightly more than half (54%) “saying their business is financially healthy, but inflation is still having a negative effect.” According to the J.D. Power 2023 U.S. Small Business Banking… Read More

October 30, 2023 @ 5:38 pm By Omar Faridi  |  

eToro, the trading and investing platform, is announcing the launch of free ETF courses on the eToro Academy, made possible through a new partnership with iShares by BlackRock, the largest ETF provider in the world. With a global line-up of 1300+ ETFs and $3.12 trillion… Read More

October 30, 2023 @ 1:46 pm By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL), a digital private capital markets ecosystem, today announced the successful completion of a capital offering by EarthGrid Public Benefit Corporation, a plasma boring technology and infrastructure development company. EarthGrid raised approximately $3.3 million on Netcapital’s funding portal “as part of a… Read More

October 29, 2023 @ 5:54 pm By Omar Faridi  |  

CenterPoint, the active trading division of New York-based independent prime broker Clear Street LLC, announced that its products and services are available in Canada through Clear Street Canada Inc. CenterPoint’s products, services, and partnerships “include advanced routing and execution, real-time access to market data feeds,… Read More

October 29, 2023 @ 3:06 pm By Omar Faridi  |  

Almost no one is “happy” with the nation’s financial system— “only 9% of Americans are satisfied with it, and only 22% think it’s better than any other country’s,” according to an update shared by Coinbase (NASDAQ:COIN). But young people are “especially disillusioned by it,” the… Read More

October 28, 2023 @ 4:31 pm By Omar Faridi  |  

A significant 68% of U.S. adults feel they have suffered from, or are currently suffering from, financial trauma according to new research released today by Experian. The research sheds light on the prevalence of negative feelings and angst “related to financial matters, with approximately 65%… Read More

October 28, 2023 @ 11:22 am By Omar Faridi  |  

Pathward, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, announced the expansion of its partnership with TabaPay, a money movement platform for merchants and leading fintech brands. The firms first announced partnering in 2020 and “the deeper alliance provides… Read More

October 28, 2023 @ 9:25 am By Omar Faridi  |  

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology, and market infrastructure, announced NYSE LaunchPad. This program is designed to help today’s entrepreneurs “leverage enterprise technology expertise through a secure, cloud-based platform.” As part of the… Read More

October 27, 2023 @ 10:27 am By Omar Faridi  |  

CoverForce, the insurance platform bringing streamlined comparisons and one-click buying to commercial insurance, emerged from stealth mode, “unveiling its comprehensive suite of products made specifically for agency networks, wholesalers, and software companies.” The company’s infrastructure and easy-to-integrate API aim “to provide digital access and one-stop… Read More