Tagged: us

June 18, 2023 @ 6:36 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) announced that it has committed more than $500 million in equity investments “to minority- and women-led funds, more than doubling its initial $200 million commitment.” The bank has “committed equity to more than 150 funds, which to date have invested… Read More

June 18, 2023 @ 12:29 pm By Omar Faridi  |  

Comerica Bank announced the launch of Comerica Small Business Convenient Capital, its first “fully digital,” end-to-end new lending platform “to provide convenient access to capital and innovative value-added benefits for Comerica small business customers.” Built in collaboration with Amount, a digitally enabled lender and credit… Read More

June 18, 2023 @ 12:26 pm By Omar Faridi  |  

Paro, a Chicago-based startup disrupting the way companies access on-demand finance and accounting expertise, announced it raised $25 million in Series C funding to further “develop its platform supporting freelance experts and continue its expansion with enterprise clients.” The investment round was “led by Top… Read More

June 18, 2023 @ 9:42 am By Omar Faridi  |  

Hexaware Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released the results of the firm’s annual Global Benchmark for Sustainable Banking Report. This third iteration of the report “surveyed 600 C-suite banking executives across the… Read More

June 17, 2023 @ 4:06 pm By Omar Faridi  |  

American Consumer Credit Counseling, Inc. (ACCC) announced it is urging clients and other consumers to join a pre-order waiting list for its CreditU mobile app, which launches nationwide in October. Powered by ACCC, CreditU is described as “an unparalleled one-stop-shop for all financial needs that… Read More

June 17, 2023 @ 12:08 pm By Omar Faridi  |  

A senior US Securities and Exchange Commission (SEC) official on Friday (June 16, 2023) rejected the recent criticism of the regulatory authority’s crypto-related crackdown and also slammed the industry for violating applicable securities laws. As first reported by Reuters, the regulator’s increased scrutiny of cryptocurrency… Read More

June 16, 2023 @ 5:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “We maintained stable operations during the month of May while remaining dedicated to the… Read More

June 16, 2023 @ 7:22 am By Omar Faridi  |  

Guidewire (NYSE: GWRE) and One Inc, Guidewire’s strategic payments partner, announced that the new Built by Guidewire One Inc integrations are now available to ClaimCenter, PolicyCenter, and BillingCenter Cloud users in the Guidewire Marketplace. Built by Guidewire apps are standardized integration solutions, pre-built and managed… Read More

June 15, 2023 @ 10:55 pm By Omar Faridi  |  

Strike, the global money app for fast, “safe” payments and bitcoin, announced the expansion of “Send Globally” to Mexico, “bringing its revolutionary payment service to the largest market for remittances from the U.S.” In 2022, Mexico received “a record of $60 billion in remittances from… Read More

June 15, 2023 @ 10:52 pm By Omar Faridi  |  

Venture capital firm Menlo Ventures announced a new partner: Amy Wu. Amy joins Menlo “to grow the firm’s consumer and gaming practice and build on Menlo’s track record, which includes early investments in well-known consumer companies like Chime, Pillpack, Poshmark, Roku, Rover, Siri, Uber, and… Read More

June 15, 2023 @ 3:22 pm By Omar Faridi  |  

Nasdaq, Inc. (Nasdaq: NDAQ), a technology company serving the global financial system, today announced it has entered into a definitive agreement to acquire Adenza, a provider of mission-critical risk management and regulatory software to the financial services industry, from Thoma Bravo, a software investment firm,… Read More

June 13, 2023 @ 11:17 pm By Omar Faridi  |  

Like many in the blockchain and web3 ecosystem, DFINITY says they have been watching recent regulatory developments in the United States with some alarm. As noted in a blog post, the SEC in particular, has been “taking wide-ranging actions across the industry.” DFINITY says they… Read More

June 13, 2023 @ 10:29 pm By Omar Faridi  |  

Paysend, the global card-to-card transfer pioneer and global payments platform, has appointed ex Ernst & Young auditor and American Express executive, Yuri Biondo as Chief Financial Officer for the Group’s US business. Based in Miami, he will “report directly to the Group CFO, Wilhelm Rohde,… Read More

June 13, 2023 @ 12:04 pm By Omar Faridi  |  

United State Bank has partnered with digital banking provider, Bankjoy in order “to deliver a world-class online and mobile banking experience for its account holders.” Founded in 1922 and based in Lewistown, Mo., United State Bank “serves the financial needs of retail customers and commercial… Read More

June 13, 2023 @ 8:51 am By Omar Faridi  |  

DJUST, a B2B eCommerce SaaS platform created by ex-founding member of Mirakl, Arnaud Rihiant, announced that it has raised €12M in a Series A growth funding round to accelerate market expansion. The investment round was “led by New Enterprise Associates, Inc. (NEA), with additional participation… Read More

June 12, 2023 @ 10:01 pm By Omar Faridi  |  

SoFi at Work – the holistic, financial well-being, and education assistance benefits partner to more than 1,000 organizations – announced the launch of a new Student Loan Verification (SLV) service. SoFi (NASDAQ: SOFI), the digital personal finance company and all-in-one app, announces this new addition… Read More

June 12, 2023 @ 9:53 pm By Omar Faridi  |  

TaxBit, the provider of tax and accounting solutions for digital assets, is set to embark on a transformative phase of innovation and expansion with the appointment of Lindsey Argalas as CEO. In this significant leadership transition, Austin Woodward, the current CEO, and Co-Founder, will “transition… Read More

June 12, 2023 @ 7:17 pm By Omar Faridi  |  

Earnix, the global provider of intelligent, composable, SaaS solutions for insurers, banks and auto lenders announced Pricing Accelerator, a pricing management workflow that enables business users and pricing committees “to make data-driven pricing decisions in real-time, accelerating organizational growth.” Dynamic pricing backed by analytical modeling… Read More

June 12, 2023 @ 12:15 pm By Omar Faridi  |  

Last week, IOG (which stands for Input Output Global – one of the organizations supporting Cardano (ADA) development) noted that they are aware of the recent complaints by the US Securities and Exchange Commission (SEC) against Binance & Coinbase, which “contain references to the organization, the… Read More

June 11, 2023 @ 11:34 pm By Omar Faridi  |  

Hi Marley, creators of the only insurance-focused collaboration platform powered by SMS, is proud to announce its partnership with Donegal Insurance Group. With its current partner shutting down on December 1, 2023, Donegal needed “an alternative SMS communication solution.” After a competitive evaluation process, Donegal… Read More