Tagged: us

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

U.S. specialist insurance brokerage U.S. Risk Insurance Group will license CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries, “to support its retail agents and insureds in quantifying cyber risk financial exposure.” U.S. Risk Insurance Group, LLC is “a privately owned specialty lines… Read More

May 7, 2023 @ 3:02 pm By Omar Faridi  |  

Nearly two-thirds of women report that personal finances impact their mental health “a lot or somewhat,” according to a new survey conducted by SoFi (NASDAQ: SOFI), the digital personal finance company and all-in-one app. And nearly two-thirds (65%) disclosed they are “not comfortable with the… Read More

May 7, 2023 @ 2:58 pm By Omar Faridi  |  

Miami Beach has recently taken a “monumental” step in recognizing co-ownership and co-ownership management, which is a significant milestone for Pacaso. Co-ownership is quickly “becoming the future of second home ownership, and Miami Beach’s recognition of this trend is validation that co-ownership is here to… Read More

May 6, 2023 @ 1:50 pm By Omar Faridi  |  

Yieldstreet, the private market investing platform, and Equity Trust, which claims to be one of the largest self-directed IRA custodians in the U.S., announced a strategic partnership that will make it easier “to add alternative investments to retirement accounts.” Starting now, Equity Trust’s clients “can… Read More

May 6, 2023 @ 10:25 am By Omar Faridi  |  

Brex announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more. In addition to spending and paying in local currencies, Brex is “launching VAT… Read More

May 6, 2023 @ 9:17 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) notes that it’s time to update the system. They also pointed out that the majority of financial systems were built over 100 years ago. According to the firm, the rules are “outdated, the technology has been slow to catch up, and all over… Read More

May 3, 2023 @ 8:28 am By Omar Faridi  |  

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

May 2, 2023 @ 11:40 pm By Omar Faridi  |  

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), and Amazon (NASDAQ:AMZN) recently announced new benefits and features on the Amazon Visa card portfolio, “providing cardmembers with increased opportunity to earn cash back on purchases made with their card… Read More

May 2, 2023 @ 6:17 pm By Omar Faridi  |  

Finastra announced that First Citizens Bank of Iowa and Minnesota, a family-owned community bank headquartered in Mason City, Iowa, has “expanded its collaboration with Finastra, migrating Finastra’s Fusion Phoenix core solution from on-site hosted to the cloud.” The bank will leverage its new core capabilities… Read More

May 2, 2023 @ 2:39 pm By Omar Faridi  |  

C2FO claims it is the first and “only” platform to provide on-demand working capital to suppliers of major enterprises worldwide. To mark their 15th year of doing business, the company announced the launch of “a new brand and an enhanced website that bring the company’s… Read More

May 2, 2023 @ 8:18 am By Omar Faridi  |  

Berlin-based Fintech Raisin has appointed Cetin Duransoy as the new CEO of Raisin US, effective 1 May 2023. Cetin Duransoy reportedly “brings over 20 years of experience, having served in senior positions at companies including Capital One and Visa.” Before joining, Cetin served “as president… Read More

April 30, 2023 @ 6:17 pm By Omar Faridi  |  

Frisch’s Big Boy, the 75-year-old American comfort food and casual-themed restaurant brand, announced its partnership with DailyPay–the provider of on-demand pay. Through the partnership, Frisch’s Big Boy’s employees “have access to an important financial wellness benefit that allows them to access their earned pay after… Read More

April 30, 2023 @ 5:15 pm By Omar Faridi  |  

AMC Theatres (NYSE: AMC and APE), which claims to be the largest theatrical exhibitor in the United States and the world, announced it has officially launched the AMC Entertainment Visa Card. AMC Stubs members can now “apply for the AMC Entertainment Visa Card to earn… Read More

April 30, 2023 @ 2:47 pm By Omar Faridi  |  

CubiCasa, the global-reaching real estate software company, announced a collaboration with Bright MLS, which claims to be one of the largest Multiple Listing Services (MLS) in the country, “to offer CubiCasa’s easy-to-use floor plan creation app to Bright subscribers.” The collaboration will aim to “expand… Read More

April 30, 2023 @ 1:24 pm By Omar Faridi  |  

Immuta, a data security provider, announced new vulnerability risk assessment and dynamic query classification capabilities for the Immuta Data Security Platform. These new features “enable customers to promptly identify and prioritize security gaps, protecting sensitive data based on the context and sensitivity levels.” When combined… Read More

April 30, 2023 @ 8:59 am By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, recently announced financial results for the first quarter ended March 31, 2023. Scott Sanborn, LendingClub CEO, said: “We delivered a solid quarter driven by our strategic advantages, including over 15 years… Read More

April 28, 2023 @ 3:30 pm By Omar Faridi  |  

InvestCloud, the global firm focused on digital transformation for the financial industry with over $6 trillion in assets, has been selected by BUNKER, a US-based fintech seeking to democratize access to the US markets for Latin Americans, “to help launch a pioneering mobile-first digital investment… Read More

April 27, 2023 @ 3:32 pm By Omar Faridi  |  

Axoni, a provider of data synchronization technology and financial market infrastructure, announced “the close of a $20 million equity financing round led by EJF Ventures, with participation from Laurion Capital Management, Communitas Capital, and existing investors. Axoni has raised more than $110 million since inception.”… Read More

April 26, 2023 @ 10:47 pm By Omar Faridi  |  

Alto, a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, announced “a breakthrough solution that makes it easy for issuers to raise capital by tapping into the more than $10T held in IRAs.” The Alto platform “simplifies raising… Read More

April 26, 2023 @ 3:10 pm By Omar Faridi  |  

Financial Recovery Technologies (FRT), the global securities class actions recovery provider, announced it will power the North American class action filing and recovery service for BNY Mellon‘s custody clients, “including broader access to comprehensive non-U.S. alerts for global markets.” This expands upon the alliance that… Read More