Posts From Fintech News America
Apple Rolls Out Its Pay Later Offering for Selected Users
Apple has rolled out its Buy Now, Pay Later offering in the U.S., allowing users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can apply for Apple Pay Later loans of
Read More
The Impact of Silicon Valley Bank’s Collapse on Fintech
With over 2,600 fintech clients, Silicon Valley Bank (SVB) is more than just bank and venture debt lender. Beyond banking and financing, SVB is also a technology partner to many fintech companies, serving as a gateway for commercial payments and
Read More
Gen Z are Avid Investors and Largely Influenced by Social Media, New Research Found
Members of Generation Z (Gen Z), or those born between 1997 and 2012, are avid investors, participating in stock and cryptocurrency investing at a higher rate and from a younger age than their predecessors, a new report by the Oliver
Read More
J.P. Morgan to Acquire Aumni for Its VC Investment Analytics Software
J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Aumni will
Read More
Qik Banco Digital Dominicano Launches on the Temenos Banking Cloud
Qik Banco Digital Dominicano, a subsidiary of Grupo Popular, has launched on the Temenos Banking Cloud to become a digital-only bank. Qik claims to be Dominican Republic’s first digital-only bank. The neobank said that its launch on the Temenos Banking
Read More
CrowdStrike Partners Dell Technologies to Help Firms Stay Ahead of Cyber Threats
American cybersecurity technology company CrowdStrike has partnered with Dell Technologies to help organisations prevent, detect and respond to cyber threats with frictionless and cost-effective offerings. The alliance entails targeted offerings for businesses of all sizes to enable them to manage
Read More
UBS Next and Goldman Sachs Invest into Regtech Company Droit
Droit, a New York based technology firm at the forefront of computational law and regulation, announced it has closed a $23 million Series B investment in its latest funding round. The round was led by Pivot Investment Partners and UBS
Read More
USA Leading the Way in Fintech Patent Quality
New research has revealed that the USA is leading the Fintech innovation field when it comes to the quality and quantity of patent applications. The findings come as a new index has been created to help companies measure the quality
Read More
eToro secures New York Virtual Currency and Money Transmitter License
eToro, the social investing platform, announced that the New York State Department of Financial Services (NYDFS) has approved its subsidiary, eToro NY LLC’s, application for its money transmitter and virtual currency licenses, the latter also known as the BitLicense. Once
Read More
Apple Readies BNPL Launch
Apple is running an internal test of its buy now, pay later (BNPL) product, gearing up for the public release of the new service in the US. The feature, which was announced at the Worldwide Developers Conference 2022, is currently
Read More