Tagged: us

December 23, 2021 @ 11:27 pm By Omar Faridi  |  

WEX (NYSE: WEX), a financial technology service provider,  announced two additions to its executive leadership team: Karen Stroup as Chief Digital Officer, and Carlos Carriedo as Chief Operating Officer, International. Stroup and Carriedo are responsible for overseeing WEX’s operations in Europe, the EMEA and Asia… Read More

December 22, 2021 @ 10:26 pm By Omar Faridi  |  

AI-powered credit decision platform provider, Scienaptic AI announced that Numerica Credit Union is live on its platform. The implementation will “facilitate advanced and faster credit decisions for the credit union and enhance member experience,” according to a release. With roots dating back to 1937, Numerica… Read More

December 22, 2021 @ 2:46 pm By Omar Faridi  |  

Finxact, the provider of the next-gen core banking platform to the US regional and super-regional banking sector, announced its Product Launchpad, a key platform enhancement that “empowers banker product teams and product designers to create and deploy products on the Finxact core via a visual… Read More

December 22, 2021 @ 9:06 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that enables consumers to purchase, sell, send and spend various cryptocurrencies, announced that Manasquan Bank, a NJ-headquartered mutual community bank with total consolidated assets of $2.7 billion, will be “participating in its early adopter program, which,… Read More

December 21, 2021 @ 4:03 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services technology solutions, has announced that one of the San Francisco Bay Area’s established banks, Community Bank of the Bay, is furthering its digital transformation strategy “with the implementation of real-time payments technology from… Read More

December 21, 2021 @ 11:24 am By Omar Faridi  |  

The Sage Group plc (FTSE: SGE), which claims to be the leader in accounting, financial, HR and payroll tech for SMEs, announced that it has agreed to acquire Brightpearl, a Cloud native multichannel retail management system for retailers and wholesalers. At Sage, the company aims… Read More

December 21, 2021 @ 8:51 am By Omar Faridi  |  

Coinbase (COIN: Nasdaq) is pleased to confirm the introduction of the Community Analyst Program (or the CAP Program). As explained in a blog post by Coinbase, this is a great way for students, professionals and community members who share their “core beliefs” to contribute to… Read More

December 21, 2021 @ 8:22 am By Omar Faridi  |  

Broker Insights – the “high-growth” firm whose digital platform is focused on transforming the commercial insurance market – has secured nearly $8 million (appr. £6 million) in a Series A round led by Mercia Asset Management. Chroma Ventures, which first backed Broker Insights with seed… Read More

December 20, 2021 @ 11:48 am By Omar Faridi  |  

Bizongo has announced its latest fundraise of $110M via a Series D round that was led by New York-based Tiger Global Management. As mentioned in an update shared with Crowdfund Insider, the B2B e-commerce and supply chain enablement platform also launched India’s first IoT powered… Read More

December 20, 2021 @ 9:41 am By Omar Faridi  |  

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

December 18, 2021 @ 3:23 pm By Omar Faridi  |  

Compute North, a company focused on economical, large-scale computing and cryptocurrency mining infrastructure, “demonstrated the value-add and positive impact of its ability to voluntarily throttle down operations at its Kearney, Nebraska data center to support the local grid during times of need.” As mentioned in… Read More

December 17, 2021 @ 7:14 pm By Omar Faridi  |  

Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha have revealed that Aliaswire will be joining the Phixius Peer-to-Peer Network for the exchange of payment-related data. Established and operated by Nacha, the Phixius Peer-to-Peer Network enables participants to… Read More

December 17, 2021 @ 3:23 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time digital payment software, has announced a partnership with KyckGlobal, a virtual payments company, in order to improve digital disbursements for biller organizations across the US, offering a wide array of options including global and cash payments…. Read More

December 17, 2021 @ 1:59 pm By Omar Faridi  |  

The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury that collects and analyzes information about financial transactions to combat money laundering, terrorist financing, and other financial crimes, is issuing a request for information (RFI) “seeking comments on ways to… Read More

December 16, 2021 @ 11:43 pm By Omar Faridi  |  

Haiyan Huang from marketplace lender Prosper has shared performance data from the Prosper Portfolio for November 2021. Here are the key highlights (shared by Prosper) from the report. Performance Update In November 2021, around 62% of loan originations “were rated AA-B.” Average loan size “decreased… Read More

December 16, 2021 @ 10:02 am By Omar Faridi  |  

Global Fintech firm MODIFI has announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The proceeds will be channeled towards addressing rising demand and help more SMEs with trading internationally on MODIFI’s digital platform. The COVID-19 outbreak has “negatively… Read More

December 15, 2021 @ 6:45 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has introduced a solution designed to help B2B transactions occur faster, “with a higher degree of certainty and at a lower cost.” The OnboardConnect solution brings together differentiated data sources and analytics that ‘Only Equifax’ can offer to “enable near real-time business… Read More

December 15, 2021 @ 5:08 pm By Omar Faridi  |  

Engagement Banking technology provider Backbase has announced that it is teaming up with Blue Federal Credit Union, a credit union with head offices in Wyoming and serving communities across the Western United States, to “reinvent the digital experience for all of Blue’s retail and business… Read More

December 15, 2021 @ 9:30 am By Omar Faridi  |  

The NBA’s Golden State Warriors and FTX US have announced a new and “first-of-its-kind” cryptocurrency partnership in professional sports. As the Warriors’ Official Cryptocurrency Platform and NFT Marketplace, the franchise will “drop NFTs on FTX.us, beginning in early 2022.” As mentioned in an update shared… Read More

December 14, 2021 @ 7:54 am By Omar Faridi  |  

Beginning on Monday December 13, 2021, clients may transfer DESO tokens into their Coinbase Pro accounts ahead of trading. As noted in the announcement, support for DESO will “generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here.”… Read More