Tagged: us

March 6, 2023 @ 9:10 pm By Omar Faridi  |  

Retirable, the “holistic” retirement solution, announced the release of its first ‘State of Retirement’ study, which sums up how more than 2,000 U.S. individuals nearing and in retirement plan “to spend their time, money, and resources.” Known for its holistic approach to retirement alongside the… Read More

March 6, 2023 @ 11:27 am By Omar Faridi  |  

CAPE Analytics, which claims to be the leader in AI-powered geospatial property intelligence, announced its integration with insurance carrier American National in order to enhance its risk management and underwriting processes “by leveraging CAPE property insights.” Working with CAPE geospatial property insights will “allow American… Read More

March 5, 2023 @ 12:22 pm By Omar Faridi  |  

NYMBUS, a provider of Fintech solutions, has announced that Michigan State University Federal Credit Union (MSUFCU) is live with two new standalone digital brands, AlumniFi and Collegiate. Collegiate serves individuals “starting their secondary education journey partnering with colleges and universities across the country to deploy… Read More

March 5, 2023 @ 10:17 am By Omar Faridi  |  

Financial Plus Credit Union, a $1.2B credit union with 11 branches across Michigan,  announced a partnership with MANTL, a provider of account origination solutions, to improve its member experience and back-office automation. Financial Plus Credit Union will leverage MANTL for Credit Unions “to enhance its… Read More

March 2, 2023 @ 7:33 pm By Omar Faridi  |  

Walmart (NYSE: WMT) and Citi (NYSE: C) are collaborating to introduce the Bridge built by Citi platform (Bridge) to Walmart’s 10,000 small- and medium-sized businesses (SMBs) in their US-based supplier network. Bridge is “a digital platform that connects SMBs with a diverse group of more… Read More

March 2, 2023 @ 8:03 am By Omar Faridi  |  

Funding Circle (LSE:FCH) has published its Preliminary Results for the year ended 31 December 2022. Funding Circle reports Group total income (guidance) of £140m – £155m; £148.7m for FY 2022; and £206.9m for FY 2021. And Adjusted EBITDA (guidance) of Positive Adjusted EBITDA; £6.8m for… Read More

March 1, 2023 @ 3:34 pm By Omar Faridi  |  

Equifax (NYSE: EFX) is supporting financially inclusive lending with the availability of expanded U.S. mortgage credit reports. The company is reportedly “the first National Credit Reporting Agency (NCRA) to make certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry to provide a… Read More

February 27, 2023 @ 4:29 pm By Omar Faridi  |  

Despite signs of slowing inflation, a majority of working Americans (62%) feel anxious about their current financial situation, according to new Harris Poll research commissioned by BPC’s Funding our Future Coalition and DailyPay among “over 1,300 employed Americans.” This anxiety is “heightened among women (69%).”… Read More

February 26, 2023 @ 4:55 pm By Omar Faridi  |  

We recently caught up with Eric Satz, CEO of IRA platform Alto, in order to discuss why alternative assets are the new bonds when it comes to portfolio diversification. As the head of a self-directed IRA that enables individuals to diversify their portfolios using retirement… Read More

February 25, 2023 @ 10:49 am By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal®, announced select preliminary operating results “through the fourth quarter ended December 31, 2022.” Kin finished 2022 “with $227.5 million in gross written premium, which represents a 117% increase in year-over-year growth.” Adjusted loss ratio… Read More

February 24, 2023 @ 3:47 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) announces the launch of LifeSync, a personalized digital approach to aligning clients’ goals with their money. LifeSync, in the Wells Fargo Mobile® app, will be “available at the end of March to Wealth & Investment Management (WIM) clients.” Delivering… Read More

February 24, 2023 @ 12:41 pm By Omar Faridi  |  

The team at Finch reveals they’ve raised $40M in their Series B round, “co-led by General Catalyst and Menlo Ventures, with additional investments from QED, PruVen, and Altman Capital.” As mentioned in the update, the workforce is “the backbone of the U.S. economy.” From retirement… Read More

February 24, 2023 @ 9:13 am By Omar Faridi  |  

Block, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2022. The Fintech reports that total net revenue was $4.65 billion in the fourth quarter of 2022, up 14% year over year. Excluding Bitcoin revenue, revenue in the fourth… Read More

February 23, 2023 @ 10:00 pm By Omar Faridi  |  

FNZ, the global wealth management platform, has confirmed the completion of its acquisition of YieldX, a US-based provider of fixed-income portfolio management technology and optimization services for the wealth management industry. The acquisition “brings together the full-service end-to-end platform of FNZ with YieldX’s market-leading digital… Read More

February 22, 2023 @ 6:52 pm By Omar Faridi  |  

AML RightSource, the provider of Anti-Money Laundering (AML), Know Your Customer (KYC) and Bank Secrecy Act (BSA) compliance solutions, announced that Florida-based bank Banesco USA has “selected its Automated EDD (Enhanced Due Diligence) solution for efficient, compliant customer risk reviews with streamlined, AI processes that… Read More

February 22, 2023 @ 6:03 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced the launch of Enhanced Issuer Network, a set of partnerships with major US card issuers. Stripe provides secure access “to transaction fraud scores from Stripe Radar, its fraud prevention solution, through an encrypted pathway with issuers including… Read More

February 22, 2023 @ 10:49 am By Omar Faridi  |  

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris recently announced that the Department has “enhanced its ability to detect fraud and other illegal activity among New York State-regulated entities engaged in virtual currency activity through new insider trading and market manipulation… Read More

February 20, 2023 @ 5:02 pm By Omar Faridi  |  

The global economy took a downward turn in 2022, “leaving behind 2021’s environment of easy money and soaring valuations,” according to an update from Carta. The U.S. venture capital market “followed suit.” Venture deal count for private companies on Carta in 2022 “declined 29% year… Read More

February 19, 2023 @ 11:37 am By Omar Faridi  |  

Early Warning Services, LLC, the network operator of Zelle, announced more than 1,800 financial institutions (FIs) are part of the Zelle Network. In 2022, 97% of FIs that joined the network “have under $10 billion in assets.” Al Ko, Chief Executive Officer at Early Warning,… Read More

February 17, 2023 @ 4:11 pm By Omar Faridi  |  

Market uncertainty and increased costs continue “to challenge small businesses, and many will rely on extended credit lines and loans to weather the current environment and grow their businesses,” according to an update from Mastercard (NYSE: MA). Mastercard is announcing that it has “added advanced… Read More