USA
The Super App Model May Not Be Suitable for the US Market
Super apps may be widely popular in Asia and quickly gaining ground in Africa and Latin America (LatAm), they have little chance to succeed in the US because of lacking consumer interest, cultural barriers as well as data privacy and
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FIS Rolls Out New Central Infrastructure Payment Solution
American multinational company FIS has launched its new central infrastructure payment solution, RealNet Central, to help central banks transform their markets to digital-first, real-time payment economies. With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build
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Adyen Rolls Out Its Very Own Terminal Range Designed In-House
Dutch payments firm Adyen announced the launch of its first in-house designed terminals which was designed to facilitate diverse payment use cases. The terminal range marks the latest step forward in Adyen’s growing unified commerce offering. The devices run on
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Remitly to Acquire Israel Remittance Startup Rewire
Remitly Global, a global digital financial services provider for immigrants and their families, announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will
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CME Group to Launch Euro-Denominated Bitcoin and Ether Futures
CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review. Designed to match their U.S. dollar-denominated counterparts,
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Meta: Digital Collectibles to Showcase NFTs on Instagram
Starting this week on Instagram, Meta is testing digital collectibles with select US creators and collectors to share NFTs that they have created or bought. Meta/Instagram will do then the international expansion to 100 countries in Africa, Asia-Pacific, the Middle
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Wealthtech Tifin Acquires SharingAlpha’s Professional Investor Community
TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, announced its initial launch into international markets through the acquisition on SharingAlpha, a community of over 15,000 professional fund investors and analysts
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Adyen Goes Live With Tap to Pay on iPhone
Adyen has officially launched Tap to Pay on iPhone, which allows businesses to use iPhones to accept contactless payments without the need to purchase or manage additional hardware. By partnering with NewStore, businesses including Vince and Burton can accept payments
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Bank of America Makes Strategic Investment in iCapital to Deepen Partnership
iCapital, a fintech platform for alternative investments and investors, announced that the Bank of America has made a strategic investment in the company. Bank of America invested in iCapital at the same valuation as iCapital’s last funding round in December
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US Infrastructure Fintech Prime Trust Raises $107m
Prime Trust, a leading provider of financial infrastructure for fintech and digital asset innovators, announced that it has raised over $100 million in its Series B funding round. To date, Prime Trust has raised more than $170 million in funding
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