Tagged: us

November 11, 2021 @ 10:00 pm By Omar Faridi  |  

FINOS, the Fintech Open Source Foundation, has announced at its Open Source Strategy Forum in New York, six new corporate members, “bringing its membership to 55 members.” As mentioned in the announcement, BMO Financial Group (BMO) joins as a Platinum member, with Kim Prado, CIO,… Read More

November 10, 2021 @ 6:15 pm By Omar Faridi  |  

Facet Wealth, a fast-growing Fintech, offering customized client services via a no-minimum, flat-fee subscription model, reveals that it has named Bill Fahrbach as its new Chief Financial Officer “responsible for Facet’s overall financial function.” As mentioned in an update shared with CI, Fahrbach spent around… Read More

November 9, 2021 @ 8:03 pm By Omar Faridi  |  

SimpleNexus, developer of the homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has announced the launch of Nexus Bilingual, a feature that makes the loan process more accessible to homebuyers who want to communicate in Spanish by obtaining  loan information in… Read More

November 9, 2021 @ 5:33 pm By Omar Faridi  |  

MX, the financial data platform and leader in modern connectivity, has announced its integration with Q2 Holdings, Inc. (NYSE: QTWO), a provider of digital transformation solutions for banking and lending, via Q2’s Partner Accelerator Program, which is reportedly a part of Q2 Innovation Studio. Via… Read More

November 8, 2021 @ 8:02 pm By Omar Faridi  |  

Fintech firm Current reveals that they’re pleased to confirm that Ravi Bhatia has joined the company as the Head of Credit. Ravi comes to Current after almost 15 years of leading global financial teams in credit risk, oversight, analytics, strategy and partnerships “with an expertise… Read More

November 8, 2021 @ 9:12 am By Omar Faridi  |  

First Internet Bancorp (Nasdaq: INBK), the parent firm of First Internet Bank, has announced that it has entered into an agreement to acquire First Century Bancorp, the parent company of First Century Bank, N.A. With head offices in Roswell, GA, First Century is a tech-focused… Read More

November 7, 2021 @ 1:47 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

November 7, 2021 @ 1:45 pm By Omar Faridi  |  

Crypto-native risk monitoring and market surveillance provider, Solidus Labs, has announced that it closed a $15 million round, which came just six months after completing a $20 million A-round in May 2021. Liberty City Ventures is leading the investment round, which also includes contributions from… Read More

November 6, 2021 @ 12:12 pm By Omar Faridi  |  

FTX US, a US-regulated crypto exchange, announced it has implemented a comprehensive suite of anti-financial crime compliance and risk management tools created by TRM Labs, a blockchain intelligence provider. FTX US, the US division of FTX, has reportedly integrated TRM’s Transaction Monitoring and Forensics tools… Read More

November 5, 2021 @ 12:47 pm By Omar Faridi  |  

Confluence Technologies, Inc., an international tech solutions provider helping the investment management industry solve complex investment data challenges, reveals that it has agreed to acquire Investment Metrics for $500 million. Investment Metrics is a provider of investment data, performance, analytics and research software solutions that… Read More

November 4, 2021 @ 10:14 am By Omar Faridi  |  

Brex, the Fintech Unicorn that is focused on reimagining finance for growing businesses, announced that Thasunda Brown Duckett has been appointed to the Brex Board of Directors “effective January 1, 2022.” Duckett, an experienced and forward-thinking financial services leader with valuable corporate governance experience, will… Read More

November 3, 2021 @ 11:54 am By Omar Faridi  |  

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-powered virtual banking solutions provider for U.S. banks and credit unions, has announced STAR Financial Bank as its first client to empower customers with trading systems that “allow the purchase, sale, and secure storage of Bitcoin, powered by NYDIG.”… Read More

November 1, 2021 @ 2:50 pm By Omar Faridi  |  

UK-headquartered digital bank Monzo notes that you can view all your scheduled and recurring payments in a single place within the Payments tab of your Monzo app. The team at Monzo writes in a blog post: “We know that tracking your future payments and ensuring… Read More

November 1, 2021 @ 2:35 pm By Omar Faridi  |  

The World Payments Report from Capgemini has looked into the major trends, drivers, opportunities, and risks that are transforming the financial services sector. The report mainly focuses on the beginning of a new era, called ‘Payments 4.X’, an experience-driven environment that’s leading to greater industry… Read More

October 31, 2021 @ 8:54 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the way people work — and earn money — is quite different than it was in the past. However, income verification solutions haven’t been able to catch up with the latest developments, the Fintech firm claims. As… Read More

October 31, 2021 @ 10:47 am By Omar Faridi  |  

At Gemini, they are constantly “tuned in” to the international crypto ecosystem in search of high-potential digital tokens to add to their platform, the company noted in a blog post. That’s why they are exploring the following crypto tokens for trading and custody support: Audius… Read More

October 30, 2021 @ 4:25 pm By Omar Faridi  |  

American Express (NYSE: AXP) has introduced its Business Checking account intended for SMEs operating in the US. This all-digital Business Checking account aims to provide a secure, high-yield, and low fee virtual banking experience with a competitive APY of 1.1% on balances of up to… Read More

October 29, 2021 @ 10:53 am By Omar Faridi  |  

Drip Capital, Inc., a digital cross-border trade finance platform for SMBs, announces that it has acquired $175 million in funding to support its next stage of growth. Proceeds obtained include a $40 million Series C investment and $135 million in warehouse debt facilities, according to… Read More

October 29, 2021 @ 7:58 am By Omar Faridi  |  

FV Bank, the fast-growing U.S. licensed international challenger bank and digital asset custodian, has confirmed that it has been approved as a Principal Member of Visa. As mentioned in the announcement, this is an important milestone in further solidifying FV Bank as a key market… Read More

October 28, 2021 @ 11:00 pm By Omar Faridi  |  

BMO Harris Bank has announced the launch of Savings Builder, a product that rewards clients for reaching certain savings targets every month. As mentioned in a release, rewards apply to Personal and Business Savings Builder accounts. Clients who create a Personal Savings Builder are eligible… Read More