General News

September 25, 2020 @ 10:20 pm By Samantha Hurst  |  

Paya,  a U.S.-based integrated payment and commerce solutions provider, announced earlier this week it has formed a partnership with CoverMe, a Software-as-a-Service (SaaS) application for hospitals and long-term care providers. Paya reported that through the partnership, CoverMe will increase efficiency for healthcare providers in processing… Read More

September 25, 2020 @ 5:55 pm By Omar Faridi  |  

Sophie Robé, CFA and Impact Investing Adviser and Investment Consultant from Amsterdam, Netherlands, has confirmed the official launch of FIIND Impact, which is described as an independent investment consultant and advisor that aims to strategically combine impact and financial expertise. FIIND Impact aims to help… Read More

September 25, 2020 @ 4:30 pm By Samantha Hurst  |  

  Following the recent announcement that app-only banking service Chime raised $485 million through a Series F round, CEO of the company, Chris Britt, sat down to discuss the funding round, as well as Chime’s future plans. As previously reported, Chime is on a mission… Read More

September 25, 2020 @ 3:59 pm By Omar Faridi  |  

The Reserve Bank of India (RBI) has released a new report, titled “Technology Vision for Cybersecurity for Urban Co-operative Banks – 2020-2023.” The RBI notes that the document makes recommendations or suggestions on how to improve the nation’s cybersecurity infrastructure of its urban co-operative banking… Read More

September 25, 2020 @ 11:32 am By Samantha Hurst  |  

  Topa Insurance, a specialty property-casualty insurer, and U.S. insurtech Hippo Enterprises Inc. announced earlier this week that they have made a mutual decision to transition their partnership. Following the transition, Hippo customer policies with Topa will be underwritten by Spinnaker Insurance Company, a wholly-owned… Read More

September 25, 2020 @ 10:18 am By Samantha Hurst  |  

Financial giant Ant Group announced on Friday the launch of Trusple, an international trade and financial service platform powered by AntChain, the company’s blockchain-based technology solutions. According to Ant Group, Trusple aims to make it easier and less costly for all participants to sell their… Read More

September 25, 2020 @ 7:56 am By Omar Faridi  |  

Hristo Borisov, the co-founder and CEO at Payhawk, a firm that issues “next-generation” company cards with automated expense management, says that he’s happy to see “another strong story and exit from the diaspora.” Borisov notes that “serving developers is one of the most rewarding experiences,… Read More

September 24, 2020 @ 10:27 pm By Samantha Hurst  |  

Russian banking group Sberbank announced on Thursday it is rolling out cloud service for businesses to sign payment documents inside the bank’s mobile app. Sberbank explained that users of its corporate banking solution will be able to clear payments and sign documents through non-certified digital… Read More

September 24, 2020 @ 8:09 am By Samantha Hurst  |  

  Prime Trust, a blockchain-driven trust company, has teamed up with global identity verification provider Acuant for identity verification and complain to meet Anti-Money Laundering (AML) regulations, manage fraud and fight financial crime, through its All-In-One Trusted Identity platform. Prime Trust reported it is integrating… Read More

September 23, 2020 @ 3:08 pm By Samantha Hurst  |  

U.S.-based insurtech startup Pie Insurance announced on Tuesday it is now offering automated bind requests within its recently launched partner portal. Pie Insurance reported that by allowing partner agents to submit requests to bind on eligible submissions within the partner portal, the company is “streamlining”… Read More

September 23, 2020 @ 2:24 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has reportedly secured $660 million in total through its Series G funding round. The platform revealed it raised $200 million through the round last month, with D1 Capital Partners leading the… Read More

September 23, 2020 @ 7:55 am By JD Alois  |  

The British Business Bank has distributed some data points pertaining to the Future Fund on the 711 individual companies that have been approved to receive £720 million via convertible securities offerings. The Future Fund is a COVID support program that is seeking to support early-stage… Read More

September 23, 2020 @ 7:37 am By Omar Faridi  |  

Thomas Gottstein, CEO at Credit Suisse Group AG, a global wealth manager, says that he expects business activity in the wealth management sector to slow down during the third quarter of this year. However, he believes that overall revenue and trading will continue at the… Read More

September 22, 2020 @ 9:27 pm By Omar Faridi  |  

Huobi Global, a leading digital assets company, recently published a survey that looks into the different investment profiles and backgrounds of retail cryptocurrency traders in emerging markets. According to a release, the survey results indicate that crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) have… Read More

September 22, 2020 @ 4:02 pm By Samantha Hurst  |  

inwi money, a subsidiary of inwi and telecom provider in mobile money services, announced on Tuesday it has joined forces with WorldRemit, a provider of online money transfer services, and MFS Africa, a Pan-African fintech that operates an e-payment platforms in Africa.to launch an international… Read More

September 22, 2020 @ 3:12 pm By Samantha Hurst  |  

Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), announced on Tuesday it has added to its retail market lending offering through its new agreement with installment payments platform, Sezzle. Ally Lending revealed through the partnership it will bring a… Read More

September 22, 2020 @ 12:38 pm By Samantha Hurst  |  

MetaBank, N.A. announced on Tuesday the expansion of its payments platform to include processors Finix and TabaPay. According to Metabank, Finix builds payments infrastructure for vertically-focused software providers and fintech companies. With Finix, businesses may own and monetize entire payments experience without having to build… Read More

September 22, 2020 @ 10:37 am By Samantha Hurst  |  

TotallyMoney, a UK-based fintech firm that helps its clients make better financial decisions by putting them right at the center of their credit data, announced on Tuesday it has launched a “Credit Assistant” feature on its mobile app to help improve credit scores and move… Read More

September 22, 2020 @ 10:19 am By Samantha Hurst  |  

Multinational consumer credit reporting company Experian announced on Tuesday that Virgin Money has launched on its pre-qualification platform to help streamline the mortgage process. According to Experience, Virgin Money will put mortgage eligibility in the hands of homebuyers and intermediaries upon the platform with a… Read More

September 22, 2020 @ 9:39 am By Samantha Hurst  |  

  UK banking group Standard Chartered Bank announced on Tuesday it has officially launched its virtual bank “Mox” in Hong Kong. According to Standard Chartered, Mox was created in partnership with PCCW, HKT, and Trip.com, which provides its suite of retail banking services entirely digitally… Read More