USA
Mastercard Launched Open Banking for Account Opening Solution
Innovations in finance and payments are unlocking new experiences for consumers and fintechs alike. As of 2022, 78 percent of adults in the U.S. prefer to bank via a mobile app or website. As more people open accounts and manage
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Apple’s New Savings Account is a Hit
Apple’s new high-yield savings account is making a splash, drawing in nearly US$400 million worth of deposits on launch day. By the end of the first week, roughly 240,000 accounts had been opened, bringing in as much as US$990 million
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Microsoft and Stripe Partner to Launch Teams Payments for Businesses
Stripe announced a new partnership with Microsoft that enables North American businesses to accept payments directly in Microsoft Teams. The Microsoft Teams collaboration platform offers video conferencing, voice, messaging, and other embedded tools to more than 300 million global businesses.
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North America Fintech Market Set to Quadruple by 2030
Boston Consulting Group (BCG) and QED Investors have released a report projecting a sixfold increase in financial technology revenues from US$245 billion to US$1.5 trillion by 2030. The fintech sector, which currently holds a two percent share of the US$12.5
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US Treasury, MAS Join Forces to Bolster Cross-Border Cybersecurity Coordination
The US Department of the Treasury (Treasury) and the Monetary Authority of Singapore (MAS) recently concluded a cross-border cybersecurity exercise, which took place between 25 and 27 April. The exercise aimed to assess and fortify existing information exchange and incident
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24 Fintech Events to Attend in the USA and Canada in Q2 2023
North America, and the USA in particular, has historically been the dominant force in fintech innovation, adoption and investment globally. The region is home to some of the world’s biggest and most successful fintech companies, and has continuously attracted the
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Mastercard Picks 6 Fintechs for Its Start Path Digital Assets Programme
Payments giant Mastercard has selected six fintech companies from across the globe for its accelerator programme – Start Path Digital Assets. Mastercard said that the companies handpicked for Start Path have a demonstrated product-market fit focused on digital assets, cryptocurrencies,
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Apple Card’s Savings Account With High Interest Is Now Available Only for U.S. Users
Apple has announced that its card users in the U.S. can now set up a savings account from Goldman Sachs which offers an APY of 4.15 percent. This is more than 10 times the national average according to the FDIC.
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Twitter Ties up With eToro to Enable Users to View Real-Time Stocks, Crypto Prices
Multi-asset investment company eToro has partnered with Twitter to enable the social media platform’s users to instantly see real-time prices for a wider range of stocks, crypto and other assets when using the new $Cashtags feature. Twitter added pricing data
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Digital Identity Network ID.me Raises $132 Million Series D Funding
ID.me, an USA-based digital identity network announced on April 11, the appointment of Samantha Greenberg as Chief Financial Officer. Greenberg brings to ID.me over 20 years of experience leading financial operations, analyzing private and public technology and consumer companies, and
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