USA

Study: Call for International Cooperation in Fight Against Crypto-Related Crime

The global nature of the blockchain ecosystem is adding a layer of complexity in the fight against crypto-related crimes. Against this backdrop, the US Department of Justice (DOJ) is calling for international, federal, state and public-private cooperation to improve the

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iCapital Network Builds Momentum With Europe and Asia Expansion

New York-based iCapital Network, a fintech startup with a platform for investing in alternative assets, announced a series of milestones in its expansion journey into European and Asian markets. With the appointment of two industry insiders as senior executives to

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PayPal Dips Its Toes in the Crypto Market…. in 2021

PayPal announced the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account. The company is introducing the ability to buy, hold and sell select cryptocurrencies, initially featuring Bitcoin, Ethereum, Bitcoin

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Digital Banking Solution Meniga Announces US Expansion

Meniga, provider of AI-powered digital banking solutions, announced that it has expanded its business to the US, with a dedicated team appointed to drive sales operations. The new US team – operating remotely before opening planned premises in New York

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Pay With Your Palm? Amazon Launched New Biometric System

Amazon launched its latest payment technology using a new biometric system that uses palm recognition, allowing its users to do everyday activities like paying at a store, presenting a loyalty card, entering a location etc. The service, called Amazon One,

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Volante Technologies Ties up With Goldman Sachs’ for Its Cloud Banking Platform

US based Volante Technologies, cloud payments and financial messaging solution, announced a collaboration with Goldman Sachs for the Goldman Sachs Transaction Banking Platform. Voltane will provide the payment technology underpinning the bank’s recently launched digital transaction banking service built entirely

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Google Pay Plans to Offer Digital Bank Accounts

Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks to offer digital checking and savings accounts to Google Pay users which will be available in 2021. The 8 banks

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Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Remitly, a mobile-first provider of remittances and financial services for immigrants announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable

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No Fee Samsung Money Card Starts This Summer

Samsung Electronics America, unveiled Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account and accompanying Mastercard debit card along with exclusive benefits to Samsung Pay, in partnership with innovative fintech company SoFi. The

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White Paper Outlines Need for Smaller Lenders to Collaborate with Fintechs

Community banks and credit unions are struggling to keep up with the pace of innovation due to limited capacity, lack of skills, and limited budget. Given these limitations, smaller lenders must collaborate with fintech companies to meet fast-changing customer demands

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