Tagged: us

October 7, 2021 @ 2:38 pm By Omar Faridi  |  

Itiviti, Broadridge Financial Solutions, Inc.’s (NYSE: BR) provider of flexible, cross-asset trading solutions “covering the full trade lifecycle,” reveals that the integration of its NYFIX Matching solution with the portfolio is complete, along with the order and investment management system from Broadridge. “The post-trade space… Read More

October 7, 2021 @ 7:47 am By Omar Faridi  |  

Republic, the financial services firm offering a full-stack investment crowdfunding platform, has introduced “Republic Music,”  which is described as a new type of investment product that aims to provide an innovative way to create, produce and share royalties acquired from music. The initiative has been… Read More

October 6, 2021 @ 8:13 pm By Omar Faridi  |  

The team at Coin Metrics, including researchers Nate Maddrey and Kyle Waters have released their State of the Network Q3 2021 wrap-up report. In the latest edition of the State of the Network report, the Coin Metrics team has taken a data-driven look at what… Read More

October 4, 2021 @ 3:02 pm By Omar Faridi  |  

On Tuesday, September 21, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) had released an advisory on the sanctions risks associated with carrying out ransomware payments and the “proactive” steps firms may take to address these types of risks. This… Read More

October 4, 2021 @ 8:03 am By Omar Faridi  |  

UK-based digital bank Monzo has reportedly been forced to abandon its efforts to secure a US banking permit, after an unsuccessful 2-year engagement with regulators. In a statement, Monzo‘s management stated after their recent discussions with the OCC (Office of the Comptroller of the Currency),… Read More

October 3, 2021 @ 5:43 pm By Omar Faridi  |  

IHS Markit, a leader in critical information, reveals that it’s teaming up with digital assets firm Coinbase (COIN: NASDAQ), in order to offer tax reporting information and related infrastructure. Through this partnership, IHS Markit will be creating and providing Forms 1099-MISC for Coinbase clients, with… Read More

October 3, 2021 @ 5:39 pm By Omar Faridi  |  

Bank of America (BoA) (NYSE: BAC) reveals that it has appointed Mary Hines Droesch to serve as its Head of Consumer and Small Business Products. Droesch brings over two decades of industry and senior management experience and deep product knowledge to Bank of America. Recently,… Read More

October 3, 2021 @ 5:19 pm By Omar Faridi  |  

Acuity Knowledge Partners, an established provider of research, analytics and technology solutions to the financial services industry, has introduced its retail lending services in order to support commercial and retail banking institutions in the loan origination, processing, underwriting, closing and post-closing processes. Acuity has expanded… Read More

October 3, 2021 @ 4:17 pm By Omar Faridi  |  

International payments provider Checkout.com reveals that it has appointed Leela Srinivasan as its Chief Marketing Officer and Kerry Van Voris as its Chief Human Resources Officer, both “formative executive appointments on the company’s exponential growth journey.” The announcement from Checkout.com also noted that the news… Read More

October 1, 2021 @ 3:07 pm By Omar Faridi  |  

Cambridge Quantum (CQ) is pleased to confirm that the latest version of TKET (pronounced “ticket”), their high-performance hardware-agnostic quantum software development kit (SDK), is completely open-source. Ilyas Khan, CEO at CQ, noted that they had first announced that TKET would be “available on an ‘open-access’… Read More

October 1, 2021 @ 7:58 am By Omar Faridi  |  

Australian founded and headquartered payments firm, Till Payments, has finalized its Series C round, securing $110 million in private capital. The proceeds will be channeled towards strengthening Till’s domestic capabilities, “bolster global expansion, and further innovate its cutting-edge technology,” according to a release. The announcement… Read More

September 29, 2021 @ 3:27 pm By Omar Faridi  |  

Elements Global Services, a tech firm and direct Employer of Record service provider that simplifies a firm’s international expansion efforts, augments its leadership team with the addition of three C-Suite executives to “further its position as a leading technology and HR solutions provider,” according to… Read More

September 28, 2021 @ 11:39 am By Omar Faridi  |  

US-based Fintech Unicorn Current reveals that it has appointed Jodi G. to their leadership team as their General Counsel. Jod Golinsky brings to Current almost two decades’ of professional experience leading legal and compliance teams at financial services and Fintech firms. Recently, Jodi has been… Read More

September 27, 2021 @ 10:34 pm By Omar Faridi  |  

Encompass Corporation, the provider of intelligently automated Know Your Customer (KYC) solutions, reveals that it has appointed industry professional Howard Dilworth as the firm’s Head of Sales for its North America business operations. As first reported by Finextra, Howard brings over two decades of financial… Read More

September 26, 2021 @ 7:34 pm By Omar Faridi  |  

Entrust, a US digital security and credential issuance service provider, reveals that it has entered a deal to acquire Paris-headquartered Antelop Solutions, a Fintech firm that supports financial institutions by allowing them to provide secure digital credit and debit cards to clients. As noted by… Read More

September 26, 2021 @ 3:52 pm By Omar Faridi  |  

Feedzai, a US Cloud-powered financial risk management platform, and Berlin’s Banking-as-a-Service (BaaS) service provider Solarisbank have entered a multi-year partnership (announced at Money20/20 Europe). Through the partnership, Solarisbank will be leveraging Feedzai’s innovative tech, which will allow them to apply a proper risk management approach… Read More

September 26, 2021 @ 1:38 pm By Omar Faridi  |  

Ocrolus, which claims to be the only automation platform that analyzes financial documents with more than 99% accuracy, reveals that it has finalized an $80 million Series C round that was led by Fin VC at a $500 million+ valuation. Ocrolus powers document workflows for… Read More

September 23, 2021 @ 7:39 pm By Omar Faridi  |  

Karbon Card, a Fintech firm providing corporate cards, has secured $12 million (appr. INR 88.8 crore) in a Pre-Series A funding round from US-based Fintech Unicorn Ramp, Rainfall Ventures, Roka Works, Y Combinator, and other international investors. Ramp is a New York-headquartered spend/budget management app… Read More

September 22, 2021 @ 10:47 pm By Omar Faridi  |  

Numerated (NASDAQ: IBCP), the Fintech firm that’s making business banking easier for financial institutions and their customers, reveals that it has teamed up with Independent Bank, a $4.5 billion community bank with over 60 locations across Michigan’s lower peninsula. Through their partnership, Independent Bank will be… Read More

September 22, 2021 @ 4:11 pm By Omar Faridi  |  

Facet Wealth, a fast-growing Fintech offering customers with services tailored to meet individual requirements and enhance quality of life via a no-minimum, flat-fee model, reveals that it has appointed Shruti Joshi as its Chief Operating Officer. Joshi, a “proven” Fortune 15 senior management professional with… Read More