Tagged: us

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

December 13, 2021 @ 10:12 am By Omar Faridi  |  

MX, the financial data platform that claims to be a leader in modern connectivity, has announced that First Foundation Bank (NASDAQ: FFWM) has now gone live on the MXmobile platform for mobile banking, “staying true to First Foundation Bank’s digital strategy of delivering modern, engaging… Read More

December 12, 2021 @ 12:08 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the need to keep up with evolving customer behavior in retail and online banking is “not a new pursuit for financial services organizations, but it is becoming increasingly more important.” According to Blend, that’s because the market… Read More

December 10, 2021 @ 10:49 am By Omar Faridi  |  

In less than six months, the Mass Fintech Hub, a public-private partnership dedicated to making the Commonwealth a key player in Fintech, has more than doubled its membership and received “hundreds of requests to join its growing programming geared towards developing fintechs.” As mentioned in… Read More

December 9, 2021 @ 7:48 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, has announced the launch of the Klarna browser extension, which had been in “beta testing with over 100,000 consumers.” The extension enables consumers to “shop with Klarna’s flexible payment options on their desktop at every online… Read More

December 8, 2021 @ 2:57 pm By Omar Faridi  |  

Zirtue, the relationship-based lending app with a goal to promote financial inclusion, has  announced the launch of their Alternative Payment Solution for businesses. As mentioned in a release, the solution allows businesses to “utilize Zirtue as a payment option for their customers to pay bills… Read More

December 8, 2021 @ 11:56 am By Omar Faridi  |  

Bob Lee, ex- Chief Technical Officer at Square (now doing business as Block), has reportedly joined MobileCoin as its Chief Product Officer. As an early investor in and advisor to the crypto and virtual payments startup, Bob helped “shape product and technology strategy.” He now… Read More

December 8, 2021 @ 11:21 am By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a provider of tech solutions and payment processing services for the financial services industry. Its Symitar division announced that $1.02 billion-asset Westmark Credit Union will “convert to Symitar in a private cloud environment.” Unable to seamlessly add modern… Read More

December 7, 2021 @ 11:17 am By Omar Faridi  |  

CME Group, which claims to be the most diverse derivatives marketplace, has launched Micro Ether futures, further “expanding its suite of cryptocurrency derivatives offerings, and marking its second micro cryptocurrency product this year.” Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment… Read More

December 6, 2021 @ 10:41 pm By Omar Faridi  |  

UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More

December 6, 2021 @ 2:44 pm By Omar Faridi  |  

Matt Kaufman, Attorney/Partner at Hathaway & Kunz, LLP, noted on December 2, 2021, that it was a big day for Wyoming, due to the official launch of the Wyoming Chancery Court. As explained by Kaufman, it is a new home court for digital asset disputes… Read More

December 5, 2021 @ 6:47 pm By Omar Faridi  |  

Stax, the comprehensive payment tech provider, announced earlier this week its acquisition of CardX, an automated surcharging platform, to make surcharging “more transparent and easier for U.S. merchants and cardholders.” The update also mentioned that this deal “marks Stax’s third acquisition of 2021, adding to… Read More

December 5, 2021 @ 5:41 pm By Omar Faridi  |  

Bitcoin-focused Fintech firm Blockstream has published its Markets Weekly report., Blockstream‘s report, dated December 3, 2021, notes that Fidelity has established a new BTC ETF in Canada, while GS is considering BTC lending. As mentioned in the report, VanEck has filed for a mining ETF,… Read More

December 5, 2021 @ 2:30 pm By Omar Faridi  |  

Mobile banking app N26 recently confirmed that they’re getting ready to close down all US accounts in January 2022. As noted in a blog post by UK-based Fintech Monzo, this decision has “left many customers looking for a replacement that offers easy mobile banking, low… Read More

December 5, 2021 @ 1:16 pm By Omar Faridi  |  

GoHenry, a debit card and financial education app designed for children ages 6-18, announced earlier this week a direct deposit feature for “working teenagers.” The addition of this workforce payment feature “allows teens 14 and older to have their paychecks deposited directly into their GoHenry… Read More

December 4, 2021 @ 5:17 pm By Omar Faridi  |  

Fintech firm BillFront announced that it has acquired €50 million in a multi-currency asset-backed financing from Fasanara Capital and “adopted a new name: Vane.” The rebrand to Vane reflects the firm’s strategy to introduce a more extensive suite of financial products and illustrates “how Vane… Read More

December 4, 2021 @ 2:59 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security, has announced a new joint cooperation with Matrix USA, a US based firm that focuses on “building and strengthening business relationships in the… Read More

December 4, 2021 @ 11:07 am By Omar Faridi  |  

Okcoin, a fast-growing crypto platform, has announced that it’s kicking off the next phase of its mission to make the digital asset industry more inclusive via the introduction of a $1 million commitment to bring “more women into crypto.” Okcoin also announced the inaugural member… Read More

December 3, 2021 @ 2:26 pm By Omar Faridi  |  

DAI confirms that it has acquired MicroVest Capital Management, one of the major lenders to “responsible” finance institutions—an acquisition that will “expand the capabilities of DAI’s investment management arm, DAI Capital.” Established in 2003, MicroVest is a registered investment adviser that “allocates private investments to… Read More

December 3, 2021 @ 11:51 am By Omar Faridi  |  

Zest AI, a key provider of software for AI-driven lending, has announced that Blue Federal Credit Union has selected Zest in order to help it deliver faster and more accurate loan decisions “across the credit union’s auto, credit card, and personal loan portfolios.” As mentioned… Read More