Tagged: us

Blockchain Intelligence Firm TRM Labs Expands US Presence, Makes Key Appointments

TRM Labs is pleased to announce the appointment of Ethan Bronstein and LC Cook to leadership roles on the US sales team. Ethan Bronstein joins TRM Labs “as VP National Security Sales and LC Cook joins the company as VP Civilian Sales.” These strategic new… Read More

Digital Asset Platform Gemini Marks 8th Year of Business Operations, Comments on Key Milestones

The crypto ecosystem faced significant challenges this year, the team at Gemini noted in a recent update. Despite the various headwinds, talented individuals across all our teams “have continued to build every day during the bear market,” Gemini claims. As they mark Gemini’s 8th anniversary,… Read More

Funding into Fintech US Startups Declines Over 50% in Q3 2023 – Report

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: FinTech US – Q3 2023. The report, based on Tracxn’s extensive database, provides insights into the US FinTech space. The US Fintech sector continues to be the highest-funded Fintech startup ecosystem “on… Read More

Fintech Splitero Introduces Real Estate Brokerage to Assist Homeowners

Splitero, the financial technology company that provides homeowners better options to access their home equity, announced the launch of its new real estate brokerage and affiliate company, Splitero Homes. As a home equity partner, Splitero has a vested interest in helping homeowners get the best… Read More

Bitcoin (BTC) Outperforms Other Asset Classes Amidst Global Market Rout, Report Reveals

Bitcoin gained in September while many traditional assets “suffered meaningful losses, underscoring crypto’s diversification properties,” according to an update shared by Grayscale. The pressure on global markets “seemed to stem from rising government bond yields and higher oil prices,” the report from Grayscale noted. As… Read More

Real Estate Report: Increased Rates have Translated into Higher Debt Costs that have Moderated Achievable Returns in Property Markets

Six months into 2023, private real estate was still “weathering ongoing macroeconomic headwinds,” according to an update shared by Pitchbook. In the US, the federal funds rate “has steadily increased since March 2022, hovering within a range of 5.0% and 5.25% as of the end… Read More

US District Judge Rejects SEC’s Motion to Appeal Part of Court Decision in Lawsuit Against Ripple Regarding Sales of XRP

US District Judge Analisa Torres has rejected the US Securities and Exchange Commission’s (SEC) to appeal part of the judge’s decision in its lawsuit against enterprise blockchain firm Ripple Labs regarding the sales of XRP. Judge Torres determined in July 2023 that a part of… Read More

Digital Assets: US Government Quagmire and Treasure Prices Fuel Crypto-Asset Inflows of $21M, CoinShares Reports

Recent US government quagmire and treasure prices have reportedly helped with fueling inflows of $21 million, according to an update from digital asset firm CoinShares (Nasdaq Stockholm: CS) CoinShares reports that digital asset investment products “saw inflows last week for the first time in 6… Read More

DTCC Appoints Brian Steele as MD of Clearing and Securities Services

DTCC, the post-trade market infrastructure for the global financial services industry, today announced the appointment of Brian Steele as Managing Director, President, Clearing & Securities Services, “effective October 2, 2023.” Steele will join the DTCC Management Committee, Management Risk Committee and the Investment Management Committee…. Read More

Wealthtech Addepar Introduces Features Allowing Clients to Run Reports at Enterprise Scale

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Addepar has shared key platform updates, research insights and the latest client, partner and company developments. This month, Addepar is highlighting updates that will “enable firms to run reports at enterprise scale, as well as Client Portal improvements that offer more flexibility and functionality to… Read More

Fintech REPAY to Automate AP Payments for Public Agencies via OMNIA Partners

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a partnership with OMNIA Partners, the largest purchasing organization for public sector procurement, “to add REPAY’s automated accounts payable (AP) solutions to its portfolio of national supplier contracts.” Digitizing outbound vendor payments will… Read More

VanEck’s Addition of Ethereum Futures ETF Is A Positive Sign for Institutional Acceptance of Digital Assets, Industry Professional Claims

At the end of last week we saw a number of updates regarding the push for ETFs, with VanEck readying an Ethereum futures ETF, Ark pushing to win the race for the first spot Bitcoin ETF and the US Securities and Exchange Commission (SEC) delaying… Read More

Paris based Mistral AI Introduces Generative Artificial Intelligence Model to Compete with OpenAI

France-based Mistral AI recently revealed its first generative artificial intelligence (AI) model in order to compete with US rivals in AI (which includes Meta Platforms Inc. and Microsoft Corportation-supported OpenAI). The Paris-headquartered firm is introducing a small-scale language model with around 7 billion parameters which… Read More

Recession Concerns, Return of Student Loan Payments Not Affecting US Investor Confidence, eToro Survey Reveals

U.S. retail investors remain optimistic about reaching their investing goals even as student loan payments resume and the threat of a recession looms, according to data from the latest Retail Investor Beat from trading and investment network eToro. In the short term, investors are still… Read More

Real Estate Market Report: US Housing Value Surges, Gaining $2.6T in Past Year

The U.S. housing market has rebounded strongly in 2023 after a short-lived downturn late last year. The total value of the U.S. housing market has surged by more than $2.6 trillion over the past year, a new Zillow (NASDAQ: Z and ZG) analysis shows. The… Read More

A US Government Shutdown Could Significantly Impact Bitcoin (BTC), Ethereum (ETH), Broader Financial Markets – Report

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

Hispanics in US On Track To Reach $113 Trillion in Collective Wealth By 2050

Hispanics, which currently represent nearly 20% of the US population, are on track to reach $113 trillion in collective wealth by 2025, according to a new report released by Fintech platform Finhabits. By comparison, the total household wealth in the US in 2022 was $140… Read More

Fintech Cardless Introduces Simon American Express Credit Card with Cash Back

Cardless, Inc., a San Francisco-based firm focused on financial technology, is announcing an upgrade to the Simon American Express Credit Card, providing shoppers with a greater level of rewards.” The enhanced card now offers 5% cash back on “all purchases made at any store within… Read More

Vishal Kapoor of Affirm: Fintech Executive Shares Insights on Stricter Regulation of BNPL Sector

We recently sat down with Vishal Kapoor, Head of Product at Affirm (NASDAQ: AFRM), a payment network that helps millions of consumers spend and save “responsibly” and empowers hundreds of thousands of businesses with the tools to fuel growth. In his role, Vishal leads the… Read More

Fintech Platform Atomic, a Financial Connectivity Solutions Provider, Launches PayLink to Streamlines Payment Switching

Atomic, a key player focused on financial connectivity solutions, announced the launch of PayLink, a solution suite that streamlines payment switching, “making it easier for consumers to switch their primary banking relationship.” In addition to providing a significantly improved consumer experience, this solution brings Atomic… Read More

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