Tagged: us

April 10, 2022 @ 11:17 pm By Omar Faridi  |  

Seed Group, a subsidiary of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, recently entered a “strategic” alliance with PayCargo, a Florida-headquartered global logistics payment platform, in order “to bring its tried and tested payment technology to the UAE.” As noted in an… Read More

April 10, 2022 @ 6:34 pm By Omar Faridi  |  

Strike, which claims to be the leading virtual payments platform built on Bitcoin’s Lightning Network, recently announced its integration with Shopify, unlocking the ability for eligible U.S. Shopify merchants “to receive bitcoin payments from customers globally as U.S. dollars.” Jack Mallers, founder and CEO of… Read More

April 9, 2022 @ 5:36 pm By Omar Faridi  |  

Compute North, which claims to be the leader in sustainable, large-scale computing infrastructure, has announced that construction is underway “to build a 300MW TIER 0™ data center next to the Wolf Hollow Generating Station in Granbury, Texas.” As covered, Compute North works with clients in… Read More

April 8, 2022 @ 5:45 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, and CF Benchmarks, the provider of cryptocurrency benchmark indices, announced plans to introduce 11 new virtual currency reference rates and real-time indices, which will be “calculated and published daily by CF Benchmarks, beginning April 25.” These reference rates and indices… Read More

April 6, 2022 @ 4:35 pm By Omar Faridi  |  

GoDo, a Fintech firm offering same-day, no-fee advances to wage earners, has teamed up with Highnote, a modern card issuance platform, in order to create the GoDo Card, a new card program that provides underbanked workers immediate access “to interim wages with no-fee advances.” Powered… Read More

April 6, 2022 @ 6:50 am By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), an international firm focused on driving connected commerce for the financial and retail industries, has announced that it will “operate and manage the entire self-service banking channel for Langley Federal Credit Union (FCU).” The credit union will implement “the full suite… Read More

April 4, 2022 @ 8:28 am By Omar Faridi  |  

YouGov’s report The Future of Financial Services Report looks at the ongoing transformation of the US and international financial service industry as it “faces the headwinds of changing consumer expectations and wider industry fragmentation.” Recent data collected “paints a revealing picture of disruptions within the… Read More

April 1, 2022 @ 6:08 pm By Omar Faridi  |  

Archie, the firm that is building the financial infrastructure for the freelance economy, is officially launching operations, with its first product to assist businesses with onboarding, managing and paying independent workers. Archie is also announcing $4.5 million in funding from B Capital Group, Mac Ventures,… Read More

March 30, 2022 @ 8:19 pm By Omar Faridi  |  

  Douugh Ltd (ASX: DOU), the banking “super app” that’s on a mission to help customers manage and grow their money, has announced it has entered into “a $20 million equity placement facility agreement with Long State Investments Limited.” Based in New York City, Long… Read More

March 30, 2022 @ 4:18 pm By Omar Faridi  |  

DriveWealth, LLC, a pioneer in fractional investing and embedded finance, and Sproutfi, a “social-first” investment platform which provides securities via its affiliate Northbound Securities LLC, has announced a partnership in order to expand “affordable access to investing in the U.S. markets to everyone in Latin… Read More

March 30, 2022 @ 3:02 pm By Omar Faridi  |  

Ten emerging tech firms have been chosen to participate in the 2022 Fintech Innovation Lab New York, which is a 12-week program “founded and run by Accenture (NYSE: ACN) and the Partnership Fund for New York City.” The program aims to assist early- and growth-stage… Read More

March 29, 2022 @ 2:31 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) has announced a partnership with Bilt Rewards, the loyalty program for renters, and Mastercard (NYSE: MA), in order to become the “official” issuer for the Bilt Mastercard. The co-brand credit card allows members “to pay rent and earn points… Read More

March 29, 2022 @ 8:30 am By Omar Faridi  |  

Jonah Schulman from Security Token Market, which is sharply focused on the blockchain-based security tokens sector, recently shared his views and insights exclusively with Crowdfund Insider. Jonah Schulman, the Head of Communications at Security Token Market, explained why blockchain or distributed ledger tech (DLT)-powered security… Read More

March 28, 2022 @ 8:04 am By Omar Faridi  |  

At the beginning of 2022, Gemini had welcomed their CTO, Pravjit Tiwana, who joined them from Amazon Web Services (AWS). Pravjit is responsible for leading Gemini’s Engineering, Product, and Information Security teams, with “a vision of building customer-centric innovative products that harness the opportunities of… Read More

March 28, 2022 @ 12:17 am By Omar Faridi  |  

RBC Wealth Management-U.S. has a network of over 2,100 financial advisors in 180+ offices “managing $542 billion in client assets.” Their vision is “to provide best-in-class technology experiences for financial advisors through integration with Addepar’s platform.” Addepar provides RBC Wealth Management advisors “with robust data… Read More

March 27, 2022 @ 11:37 pm By Omar Faridi  |  

TrueAccord claims that it is an “intelligent,” digital-first collection and recovery company that uses the industry’s “only” adaptive intelligence: “a patented machine learning engine, powered by engagement data from over 16 million consumer journeys, that dynamically personalizes every facet of the consumer experience in real-time.”… Read More

March 26, 2022 @ 8:28 pm By Omar Faridi  |  

Nium, the modern platform for international money movement, recently announced the appointment of Dylan Lowrey, to General Counsel. Lowrey joined Nium last year as Head of Regulatory Affairs and Product Law and has “helped the company launch new services in complex emerging markets, while expanding… Read More

March 26, 2022 @ 1:07 pm By Omar Faridi  |  

Lemonade (NYSE:LMND), the digital insurance firm that’s powered by social impact, recently announced the launch of Lemonade Car in Tennessee. Following the initial launch in Illinois, Tennessee “marks the second state to feature availability of Lemonade’s newest environment-friendly product.” Hitting “record” snow averages this winter… Read More

March 24, 2022 @ 5:28 pm By Omar Faridi  |  

U.S. Bank and Driveway have collaborated to pay car sellers “immediately” with real-time payments, making Driveway one of the first online car dealerships “to pay customers over the RTP network.” Clients selling a car on Driveway.com may now have the payment deposited “instantly” into their… Read More

March 24, 2022 @ 1:07 pm By Omar Faridi  |  

UBS (SWX: UBSG) has announced the launch of its Virtual Worker Framework, which is described as a new approach to “flexible” working that will offer US workers in eligible roles with the opportunity “to work 100% remotely.” UBS will begin “a phased implementation of the… Read More