Tagged: us

May 26, 2023 @ 10:50 am By Omar Faridi  |  

Recurly, a subscription management and billing platform, announced it has taken the necessary steps to support functions that fall within the Health Insurance Portability and Accountability Act (HIPAA), which serves “as the U.S. national standard for health information security and privacy.” Dan Burkhart, co-founder and… Read More

May 26, 2023 @ 8:23 am By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced it is bolstering its underwriting capabilities with new additions to its UK and US teams. Claud Bilbao joins “as UK Director of Underwriting, reporting to Simon Hughes, General Manager for UK operations.”… Read More

May 25, 2023 @ 8:32 pm By Omar Faridi  |  

As part of Kraken’s commitment to client security, they have reportedly completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (AICPA) SOC 2, Type I compliance standard. Kraken has shared details “about this process… Read More

May 25, 2023 @ 9:36 am By Omar Faridi  |  

TradeStation Group, Inc., a Florida-based company whose operating subsidiaries provide self-clearing online brokerage services for trading stocks, ETFs, options, futures, and crypto that aim to offer the ultimate trading experience, has announced its integration with Plaid, a data network powering the digital financial ecosystem. The… Read More

May 24, 2023 @ 3:02 pm By Omar Faridi  |  

With the U.S. Small Business Administration (SBA) actively seeking new ways to help small business owners secure financing during the current credit crunch, Biz2Credit and CPA.com have introduced a new SBA 7(a) lending option “to the CPA Business Funding Portal, a cloud-based platform that supports… Read More

May 22, 2023 @ 11:06 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping destination, has joined forces with Airbnb in a “first-of-its-kind” partnership to provide guests in the US and Canada with flexible payment options when booking their next stay. With Klarna’s seamless, sustainable and flexible payment solutions, “booking… Read More

May 22, 2023 @ 10:02 pm By Omar Faridi  |  

The team at Blend (NYSE:BLND) says they have always believed that their customers are “best positioned” to win in a downturn when “leveraging technology that helps save costs, grow market share, and innovate faster.” Today they are seeing this “play out in practice with their… Read More

May 22, 2023 @ 12:23 pm By Omar Faridi  |  

BIT Mining Limited (NYSE: BTCM), a technology-driven cryptocurrency mining company, today announced that it has entered into a collaboration with Chain Reaction, a semiconductor company focused on disruptive blockchain and privacy hardware, to produce next-generation systems for bitcoin mining. The systems, expected “to launch later… Read More

May 22, 2023 @ 12:22 pm By Omar Faridi  |  

Modak, a fintech company for teens and families in the US, has partnered with digital identity company Yoti to “enhance safety features for teens on its platform.” Since launching in December 2022, 25,000 teens “have signed up for Modak using Yoti’s facial age estimation technology.”… Read More

May 19, 2023 @ 9:37 am By Omar Faridi  |  

Corserv, a company that empowers banks and fintechs with payment programs, has implemented a credit card program with Pennsylvania-based Meridian Bank in order “to serve their business and commercial customers.” Meridian Bank is “a $2 billion full service commercial bank, founded in 2004 and headquartered… Read More

May 19, 2023 @ 8:24 am By Omar Faridi  |  

Earnix, the global provider of intelligent, composable, SaaS solutions for insurers and banks,  announced its new office in Texas. Set among industry giants like Toyota and Liberty Mutual, the new facility “affords regional employees and customers – as well as customers and prospects in the… Read More

May 18, 2023 @ 5:27 pm By Omar Faridi  |  

San Francisco-based financial technology firm, Cardless, Inc. announced a new debt deal with i80 Group, securing a three-year $75 million credit facility. The deal is a warehouse facility that will enable Cardless “to fund customer receivables, growth, and continue its work with large, globally recognized… Read More

May 17, 2023 @ 4:52 pm By Omar Faridi  |  

CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects. Web3 developers can now “accelerate their development process and secure their… Read More

May 17, 2023 @ 8:22 am By Omar Faridi  |  

Smart, the London-headquartered fintech transforming the global retirement savings market, today announces it has closed its $95m Series E funding in a round led by Aquiline Capital Partners LLC, a private investment firm based in New York and London. Existing investors participating in the investment… Read More

May 14, 2023 @ 11:49 am By Omar Faridi  |  

Equifax (NYSE: EFX) is furthering its commitment to transparency in cybersecurity by making its security and privacy controls framework public for the benefit of security and privacy teams at organizations of all sizes. By enabling the larger technology ecosystem with the tools to design, build… Read More

May 12, 2023 @ 8:35 am By Omar Faridi  |  

The newly released Q1 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) shows that in this current economic climate in which inflation remains at elevated levels and interest rates have risen sharply, consumers “are increasingly turning to credit to manage their household… Read More

May 12, 2023 @ 7:57 am By Omar Faridi  |  

As we near the halfway point of 2023, Pacaso, the real estate marketplace that helps people buy and co-own a luxury second home, released data on the hottest second home markets in the United States year to date. Pacaso utilized Optimal Blue data “to identify… Read More

May 11, 2023 @ 8:16 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced financial results for the first quarter ended March 31, 2023. Michael Praeger, CEO & Co-Founder of AvidXchange. “We are off to… Read More

May 11, 2023 @ 7:39 pm By Omar Faridi  |  

Pidgin, a secure real-time payments platform built for the future of payments, is among the first companies in the industry to complete testing and certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023. The FedNow Service will “enable… Read More

May 11, 2023 @ 6:17 am By Omar Faridi  |  

Ishan Wahi was sentenced to two years in prison for allegedly “tipping his associates regarding crypto-assets that were going to be listed on Coinbase Exchanges.” Damian Williams, the United States Attorney for the Southern District of New York, announced “that ISHAN WAHI, a former product… Read More