Tagged: north america

December 24, 2020 @ 8:37 am By Omar Faridi  |  

North American and European Fintech firms experienced a 17% year-over-year (YoY) growth during Q3 2020, which brings the total to $8.9 billion raised in venture capital investments, compared to $7.6 billion secured in Q2 2020. Although these are solid gains, there were just 414 deals… Read More

November 23, 2020 @ 3:12 pm By Samantha Hurst  |  

Digital payments company Payoneer announced on fMonday the launch of its new payment orchestration platform that is dedicated to e-commerce merchants in North America. The company reported that following its optile acquisition, it is now integrating its offering into its core platform and expanding its… Read More

September 24, 2020 @ 10:14 pm By Omar Faridi  |  

  Full-time equivalent employee growth in the blockchain and digital asset sector has slowed down following the 2017 cryptocurrency bull market, according to the findings of the 3rd Global Cryptoasset Benchmark Study by the Cambridge Centre for Alternative Finance (released in September 2020 by the… Read More

September 3, 2020 @ 10:24 am By Samantha Hurst  |  

TransferMate, a cross-border B2B payments technology solution, announced on Thursday it scored a significant boost to its international footprint, securing a new payments license in Mexico. According to TransferMate, the license marks a major milestone on the platform’s global growth journey. Founded in 2008, TransferMate… Read More

August 7, 2020 @ 7:14 pm By Omar Faridi  |  

North America is reportedly the third-most active region in terms of the total cryptocurrency volume moved or transferred on-chain, right behind Western Europe and East Asia. According to a Chainalysis blockchain and digital asset market report: “Overall, North America-based [cryptocurrency] addresses accounted for 14.8% of… Read More

August 2, 2020 @ 10:32 pm By Omar Faridi  |  

Fintech firm EML Payment Ltd (ASX: EML) aims to significantly reduce plastic consumption by the weight of 56 elephants, 10 humpback whales, 1,250 lions, and the height of 5,000 giraffes across the company’s global portfolio within the next three years. EML’s “Change for Good” Initiative… Read More

July 8, 2020 @ 10:55 am By Omar Faridi  |  

The global digital banking platform industry reportedly managed to generate $3.95 billion in revenue last year. It’s expected to reach $10.87 billion by 2027, which means it’s projected to expand at a compounded annual growth rate (CAGR) of 13.6% from 2020 to 2027. This, according… Read More

May 29, 2020 @ 6:54 pm By Omar Faridi  |  

The month of April 2020 saw a dramatic 200% surge in the number of new mobile banking registrations, meanwhile, mobile banking traffic increased by 85%, according to data from Fidelity National Information Services (FIS). The significant increase in mobile-based transactions may be attributed to the… Read More

February 12, 2020 @ 8:42 pm By Omar Faridi  |  

The global artificial intelligence (AI) market size is projected to hit $390.9 billion by 2025. The market is expected to achieve a compound annual growth rate of 46.2% from 2019 to 2025. AI is a major technological innovation along with Big Data advancements, machine learning… Read More

February 6, 2020 @ 10:58 pm By Samantha Hurst  |  

Lightspeed, a Canada-based e-commerce platform, announced on Thursday it has launched new integrated payment capabilities in North America. The expansion is through Lightspeed’s partnership with Stripe. Founded in 2005, Lightspeed provides customers with a way to build, manage, and grow retail, restaurant, or commerce business… Read More

January 3, 2020 @ 7:33 am By Omar Faridi  |  

The insurance technology (Insurtech) vendors aim to provide software that should simplify the decision-making process for clients. North America is reportedly experiencing the highest rate of Insurtech adoption because of how much customers in the area are spending on insurance-related products (according to a new… Read More

December 21, 2018 @ 8:23 am By Samantha Hurst  |  

TD Bank announced on Friday it has released a progress report on advancing towards a transition to a low-carbon economy in North America. The banking group also reported it secured CAD$22 billion during its first year. In December 2017, TD set a target of a total of CAD$100 billion in… Read More

November 14, 2018 @ 3:52 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Wednesday it has appointed Daniel Canning as its first North America Commercial Director. According to WorldRemit, Canning will lead the company’s North America commercial activity at a time of rapid expansion. It was… Read More

April 4, 2018 @ 11:32 am By Samantha Hurst  |  

Digital challenger bank Revolut announced on Wednesday it is currently making plans to launch in Singapore. This news comes just after the company announced it launched “disposable’ virtual cards. “From clunky apps to hidden fees, banking as we know it is broken. That’s why we decided to… Read More

March 15, 2017 @ 12:26 pm By Samantha Hurst  |  

Accenture announced on Wednesday the opening of its North America Innovation Center for Finance and Risk, which is located in New York City. According to Accenture, the new center seeks to help financial services companies quickly develop and scale advanced data and analytics capabilities. The… Read More

March 2, 2017 @ 10:29 am By Samantha Hurst  |  

Mambu, a Berlin-based SaaS banking platform provider, announced on Thursday it’s kicking off 2017 by opening new Miami office and appointing a new regional managing director to meet the growing demand for its platform in North America, Canada, Latin America, and the Caribbean. The platform… Read More

December 22, 2016 @ 7:23 am By Jessica Pham  |  

During the first half of 2016, regulators feared that Fintech would become all too powerful.  Then, in November, they concluded that the Fintech sector was not threatening.  At the cusp of 2017, it also appears that other observers have concluded that the FIintech boom is… Read More

April 20, 2015 @ 2:27 pm By Samantha Hurst  |  

PledgeMusic is thrilled to announce Scott Hueston as its new Head of Artist Solutions, North America. Sharing his enthusiasm for the position, Hueston stated: “I’m thrilled to be joining a fantastic team that’s dedicated to providing the best possible resources to artists. PledgeMusic’s fluid platform is… Read More