American Express Ventures Invests in Finmark
The financial modeling software provider for emerging companies, Finmark recently announced that the company has secured investment from American Express (Amex) Ventures, the strategic investment a...
View ArticlePayedIn Launches Its Pay Solution App in Nigeria
PayedIn Technology, a fintech firm, announced that it has launched what it describes as a ‘simple-to-use payment solution’ in Nigeria in order to support the digital economy.
View ArticleSEC Approves BSTX to Operate as Blockchain-Based Securities Exchange
The U.S. Securities and Exchange Commission (SEC) has approved BSTX, a joint venture between tZero and Boston Options Exchange (BOX) Digital Markets, to operate as a national securities exchange.
View ArticleFinancial Technology Company Rapyd Completes Neat’s Acquisition
One of the fastest-growing fintech companies, Rapyd announced today that it has completed the acquisition of Neat. The new acquisition will enhance the capabilities of Rapyd significantly.
View ArticleEverything Blockchain Acquires ATrade Desktop Software for $1 Million
Headquartered in Fleming Island, Florida, Everything Blockchain Inc. (formerly known as OBITX Inc.) announced that they have acquired ATrade desktop software for $1 million in cash.
View ArticleFCA Warns against Falcon Financial Solutions and Thestral Financial Services
The UK financial regulator, the Financial Conduct Authority (FCA) issued a warning on Falcon Financial Solutions Ltd and Thestral Financial Services Ltd.
View ArticleWorldline Announces New Strategic Plan, Aims to Recruit 5,000 People
Euronext-listed payments and transactional services provider, Worldline announced some of the details regarding its new strategic plan today.
View ArticleTrust Payments Announces Acquisition of WonderLane
The financial technology firm, Trust Payments announced yesterday that the company has acquired WonderLane, a prominent name in retail technology.
View ArticlePaysafe Completes Acquisition of SafetyPay
Paysafe, a leading UK payment platform, has announced the completion of its acquisition of SafetyPay, a major payments platform in Latin America.
View ArticleModulr Partners with Ripple, Trust Payments First to Benefit
Modulr, a UK payment service announced a strategic partnership with Ripple. Trust Payments is the first customer to benefit from the partnership.
View ArticlePlaytech Raises Concern over Aristocrat Bid Clearance
Playtech (LON: PTEC) issued an official statement on Wednesday, confirming its doubts over the shareholders’ clearance for the takeover deal by Aussie slot machine maker, Aristocrat Leisure.
View ArticlePlaytech Shareholders Stop Aristocrat's £2.7B Acquisition Bid
Playtech (LON: PTEC) has confirmed on Wednesday that its shareholders did not approve Aristocrat Leisure’s £2.7 billion ($3.7 billion) takeover bid.
View ArticlePayPal Stock Price Dives after a Slow Down in Q4 2021 Growth
PayPal reported its Q4 of 2021 financials on Tuesday that resulted in around a 17 percent dive in its share price in after-market hours trading.
View ArticleFINCI Partners with Nium to Promote Rapid Payment Services Internationally
On February 1, FINCI, a fintech firm based in Lithuania, announced a partnership with Nium, a global payments and cards issuance leader.
View ArticleCySEC Is Strengthening Regulatory Capability and Performance
On February 1, the Cyprus Securities and Exchange Commission (CySEC) announced that it is strengthening its supervisory capabilities through the use of new technologies and other tools.
View ArticleDueDil Partners with Umazi to Accelerate SME Corporate Due Diligence
On February 1, DueDil, a UK fintech firm, announced a new partnership with Umazi, a London-based enterprise digital identity provider.
View Article4.5 Million Accounts Were Shut by PayPal, 'Bad Actors' Are Blamed
PayPal Holdings Inc. reported that 4.5 million accounts were closed due to 'bad actors' taking advantage of its rewards programs. The forecast for new customers was lowered in Q4 2021 earnings, whi...
View ArticleRevolut Gets into Insurtech Landscape with Pet Insurance Launch
Revolut, a London-based digital bank, has entered into the insurtech sector through the launch of a pet insurance product to help pet-owning customers to maintain the good health of their furry fri...
View ArticleEx-Credit Suisse Chairman Faces $2,200 Fine for Breaking COVID Rules
Prosecutors in the Uznach district of canton St. Gallen have fined former Chairman of Credit Suisse, Antonio Horta-Osorio 2,000 Swiss francs ($2,200) for breaching COVID-19 quarantine rules.
View ArticleTraditional Banks Can Learn a Lot From Neobanks - Here’s How
Neobanks are the future of banking due to their decentralized nature and usage of cloud technology to protect data and transactions, and traditional banks can benefit from collaborating with these ...
View Article