Tagged: us

October 14, 2021 @ 8:51 am By Omar Faridi  |  

Constellation, a distributed infrastructure that connects Big Data and the blockchain, has announced that it has acquired Dor, a startup that helps retail brands expand their business operations by “empowering them to improve customer outcomes through its data analytics solution that enables them to better… Read More

October 14, 2021 @ 7:50 am By Omar Faridi  |  

SumUp, the London-headquartered payments service provider with more than 2,800 employees across three continents, confirms its acquisition of Fivestars, which is one of America’s largest two-sided local commerce networks that “combines a marketing platform with integrated payments.” SumUp has reportedly paid $317 million for the… Read More

October 13, 2021 @ 8:50 pm By Omar Faridi  |  

BlueVine, the provider of financial services for small businesses, has appointed Mira Srinivasan as its Chief Risk Officer. In this role, Mira will be expected to build on the solid foundation of BlueVine’s Risk team and enhance various policies, customer experience, and risk models as… Read More

October 13, 2021 @ 7:57 pm By Omar Faridi  |  

TD Bank (NYSE: TD) reveals that it has expanded its working relationship with Autobooks in order to add invoicing as a feature to its TD Business Simple Checking, which should make it easier for small and micro businesses to process invoices and “get paid faster.”… Read More

October 13, 2021 @ 6:44 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY), a provider of tech solutions and payment processing services for the financial services sector, announced on October 12, 2021 that Finicity, Akoya, and Plaid are among the first Open Banking platforms to integrate to the Banno Digital Platform by… Read More

October 13, 2021 @ 3:07 pm By Omar Faridi  |  

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

October 13, 2021 @ 10:54 am By Omar Faridi  |  

Bank of America (NYSE: BAC) has introduced a new solution, which enables firms with frequent payments to consumers to offer their beneficiaries with the option to choose how they “want to be paid.” Called Recipient Select, the solution from Bank of America aims to address… Read More

October 13, 2021 @ 8:18 am By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider, has acquired iController, a B2B provider of intelligent solutions for collections management, “for $58 million, financed with cash on hand.” Established in 2007, Belgium-headquartered iController’s software-as-a-service (SaaS) product offering supports ” a… Read More

October 12, 2021 @ 9:50 pm By Omar Faridi  |  

Broadway Technology, a provider of high-performance front-office solutions, reveals that it has hired two Fintech industry professionals as part of its efforts to expand its international business development team. Broadway Technology noted that they continue to make investments in top industry talent in order to… Read More

October 12, 2021 @ 5:03 pm By Omar Faridi  |  

BlockWRK, the issuer of the “federally-approved” WRK token, confirms the launch of its blockchain-enabled worker rewards app and Visa card. The app aims to reward employees with BlockWRK’s WRK token for achieving daily goals or targets that are related to health, safety, and overall job… Read More

October 12, 2021 @ 10:15 am By Omar Faridi  |  

Moneybrain, an international Fintech platform, reveals that it has joined Visa’s Fintech Fast Track program, in order to accelerate the process of integrating with Visa and “allowing Moneybrain to more easily leverage the reach, capabilities, and security that Visa’s global payment network offers.” As mentioned… Read More

October 11, 2021 @ 10:42 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Citi (NYSE: C) have formed a new partnership in order to support local residents and small businesses via greater public-private sector collaboration. Through City Possible, Mastercard’s partnership and co-creation framework for cities, the two international firms will aim to “bring their… Read More

October 11, 2021 @ 2:43 pm By Omar Faridi  |  

Morgan Stanley (NYSE: MS) has reportedly agreed to a £1 million investment in order to further expand its Multicultural Innovation Lab across Europe, Middle East and other areas. Initially introduced in the US back in 2017, the Lab aims to serve as an accelerator program… Read More

October 11, 2021 @ 7:12 am By Omar Faridi  |  

Silicon Valley-headquartered Mbanq, a Banking-as-a-Service (BaaS) provider that claims to be one of the fastest-growing Fintech firms, has entered into an agreement with Temenos (SIX: TEMN), the Open Cloud banking firm, in order to introduce an innovative Credit-Union-as-a Service (CUaaS) offering, and to “accelerate BaaS… Read More

October 10, 2021 @ 5:30 pm By Omar Faridi  |  

Bakkt, a digital asset marketplace that enables consumers to purchase, sell, send and spend cryptocurrencies, has formed a partnership with Google (NASDAQ: GOOGL) in order to extend the reach and usability of virtual currencies to meet growing consumer demand and preferences. As mentioned in a… Read More

October 10, 2021 @ 11:53 am By Omar Faridi  |  

Binance.US announced on October 8, 2021 (Friday) that Brian Shroder has been appointed Chief Executive Officer. Shroder was appointed President of Binance.US in September of this year and has been assisting with leading the firm’s strategy and execution, fundraising, business and corporate development “as well… Read More

October 10, 2021 @ 9:18 am By Omar Faridi  |  

Bank of America (NYSE: BAC) is reportedly the first financial services company to introduce virtual reality (VR) training in almost 4,300 financial centers nationwide. As mentioned in a release, this training tech will allow around 50,000 workers to practice “a range of routine to complex… Read More

October 9, 2021 @ 12:32 pm By Omar Faridi  |  

Alto Solutions, Inc., the next-gen self-directed IRA platform that aims to make it easier to invest in alternative assets using retirement funds, reveals that it will be removing the monthly account fee for all CryptoIRA accounts. As mentioned in an update shared with CI, this… Read More

October 7, 2021 @ 4:47 pm By Omar Faridi  |  

Teenagers can be quite the experts when it comes to spending money. The problem is, many never really learn how to save their money, manage it effectively, and make it grow over an extended period of time. A third or over 30% of US teenagers… Read More

October 7, 2021 @ 3:19 pm By Omar Faridi  |  

United and PayPal (NASDAQ: PYPL) revealed that they’ve introduced a new way to carry out touch-free inflight purchases, even in areas that don’t have Wi-Fi. Starting next month, United clients on select flights may simply show a flight attendant the PayPal QR Code in the… Read More