Tagged: us

September 9, 2023 @ 4:14 pm By Omar Faridi  |  

Trading and investment platform eToro is announcing the appointment of Bret Kenwell as Options Analyst. Lule Demmissie, eToro’s U.S. CEO said: “We are delighted to welcome Bret to the eToro team. He brings a wealth of experience in creating engaging and educational content for investors… Read More

September 8, 2023 @ 4:41 pm By Omar Faridi  |  

The RTP Network, the instant payments system operated by The Clearing House that is available to all insured depository financial institutions in the United States, surpassed the one million daily payment milestone “on September 1 as more financial institutions and their customers realize the benefits… Read More

September 8, 2023 @ 4:34 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership with Quadient, a key player focused on helping businesses create meaningful customer connections through digital and physical channels. The partnership enhances the Quadient AP automation solution by “offering their customers… Read More

September 8, 2023 @ 4:29 pm By Omar Faridi  |  

BNY Mellon (NYSE: BK) announced the launch of BankifySM, an open banking payments solution that helps organizations “receive consumer payments from bank accounts, with a seamless user experience and that offers guaranteed funds for business receivables.” Bankify couples BNY Mellon‘s transaction payments expertise “with Trustly’s… Read More

September 7, 2023 @ 10:16 pm By Omar Faridi  |  

The Fundrise Innovation Fund has invested $2 million into Jetty, a financial services platform for the rental real estate industry. Rental housing represents roughly 12% of US GDP, “making it the largest addressable market by several measures.” Yet, it has historically “been overlooked in spite… Read More

September 7, 2023 @ 3:11 pm By Omar Faridi  |  

In the inaugural Small Business Financial Confidence Report, it was revealed that 54% of small business owners surveyed stated they “felt very confident in their ability to make sound growth decisions.” The latest data polled and shared by American Express (NYSE: AXP) two months later… Read More

September 7, 2023 @ 11:44 am By Omar Faridi  |  

Momnt, a Fintech company specializing in real-time lending and payment solutions for businesses, is announcing the closing of its latest capital raise, “totaling $15 million.” TruStage Ventures led the investment round “with participation from Saluda Grade Ventures, existing investors, and a new investment from a… Read More

September 6, 2023 @ 4:56 pm By Omar Faridi  |  

State lawmakers in Wyoming have reportedly passed 28 different blockchain-related bills since the year 2019. However, cryptocurrency revenue has been quite limited, even though there have been several different initiatives that were introduced. As covered, crypto VC investments have also shifted towards infrastructure development and… Read More

September 6, 2023 @ 12:47 pm By Omar Faridi  |  

The Founders Arena WealthTech Accelerator, in strategic partnership with First Rate, Inc., SEI and the City of Arlington announced its first cohort, selecting Charityvest, InvestSuite, Lumiant.io, Manifest, Sora Finance and Tax Status in order “to participate in its inaugural accelerator program in Arlington, Texas.” As… Read More

September 6, 2023 @ 12:37 pm By Omar Faridi  |  

Modulus is beginning its recruitment drive in order to support global expansion efforts amidst the rise of digital asset sector. Modulus, a US-based developer of technology powering Wall Street, international banks, digital asset exchanges, and global regulatory commissions, revealed its plans for worldwide expansion. The… Read More

September 6, 2023 @ 9:27 am By Omar Faridi  |  

GenTwo, a Swiss-based B2B Fintech platform specialized in securitization of bankable and non-bankable assets, announced that it has raised a USD 15 million Series A led by US-based Point72 Ventures. In conjunction with the investment round, Pete Casella, Senior Partner and Co-Head of Fintech investments… Read More

September 6, 2023 @ 7:29 am By Omar Faridi  |  

Digital currency exchange Coinbase Global (NASDAQ:COIN) is introducing a crypto-asset lending platform that’s meant for larger institutional investors. This, according to a company representative statement issued on Tuesday. As first reported by Reuters, Coinbase has acquired $57 million in capital for its new virtual currency… Read More

September 4, 2023 @ 12:15 pm By Omar Faridi  |  

A new Experian report shows consumers are continuing to opt for shorter term loans. In the second quarter of 2023, captives reportedly “regained the lion’s share of total vehicle financing, outpacing banks and credit unions.” According to Experian’s State of the Automotive Finance Market Report:… Read More

September 4, 2023 @ 9:04 am By Omar Faridi  |  

The Houston Rockets and Toyota Center announced they have entered into a long-term partnership with DailyPay, an on-demand provider. In addition, DailyPay will become “the presenting partner of an Employee of the Month recognition program which will reward Rockets and Toyota Center event employees.” DailyPay… Read More

September 2, 2023 @ 10:17 am By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released findings from the 25th edition of the New Reality Check: Paycheck-To-Paycheck research series.” The Nonessential Spending Deep Dive Edition examines “the impact of nonessential spending on consumers’ ability to manage… Read More

September 1, 2023 @ 4:25 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash software and digital payments service provider, released its first annual E-Invoicing Interoperability and Compliance Report, “offering a view into the ever-changing global electronic-invoicing requirement landscape, featuring dynamic regulatory and technological developments.” In addition to an extensive compilation of current B2B and… Read More

September 1, 2023 @ 12:45 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Public, a U.S.-based multi-asset investing platform, to minimise conversion costs for UK investors when purchasing U.S.-based equities on the Public app. The news comes on the heels of Public’s entry… Read More

August 31, 2023 @ 9:05 am By Omar Faridi  |  

Brian Armstrong, CEO at Coinbase (NASDAQ:COIN), has shared several ideas that he claims to be most excited about in crypto right now. The Coinbase Chief Executive says that if you’re building something in crypto or thinking about doing so – check it out. They are… Read More

August 31, 2023 @ 2:46 am By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), a key player focused on automating, digitizing and transforming the way people bank and shop, announced at Intersect Las Vegas the launch of two new models as part of its DN Series family, the DN Series 600V teller cash recycler system… Read More

August 30, 2023 @ 2:52 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) is announcing the launch of its alias solution, Global Digital Disbursements to its commercial clients holding deposit accounts at the bank’s branch in Canada. Global Digital Disbursements facilitates “the processing of multiple B2C payments and C2B collections where the identifier… Read More