Archive
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
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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
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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
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Nuvei Now an Official Sponsor of Mercedes-AMG PETRONAS F1 Team
Canadian payments company Nuvei has entered into a multi-year sponsorship agreement with the Mercedes-AMG PETRONAS Formula One Team ahead of the 2023 F1 season. From the 2023 Formula One™ season onwards, the Nuvei logo will appear on the helmet and
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OneSpan Inks Deal to Acquire Aussie Blockchain Tech Provider ProvenDB
Cybersecurity technology company OneSpan has inked a deal to acquire Australia-based blockchain technology provider ProvenDB for an undisclosed sum. The transaction is anticipated to close during the first quarter of 2023 and is subject to customary closing conditions. Through this
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Worldpay: FIS Announces Plans to Spin off Merchant Business
FIS announced plans to pursue a tax-free spin-off of its Merchant Solutions business to strengthen its strategic and operational focus, capitalize on growth opportunities and unlock shareholder value. The two companies expect to maintain a strong commercial relationship, preserving a
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Jumio Makes New Sales Leadership Appointments to Drive Growth
Jumio, a US-based provider of automated, end-to-end identity proofing, risk assessment and eKYC solutions, has appointed Jon Jones as the company’s new Senior Vice President of Worldwide Sales. With more than 25 years of experience in the fraud and identity
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DailyPay Announces $260 Million in New Funding
DailyPay announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan
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