Category : Digital Payments

1Money Network Emerges from Stealth with Over $20M in Funding to Build the World’s First Stablecoin Payments Network
Digital Payments Finance Fintech Investments News

1Money Network Emerges from Stealth with Over $20M in Funding to Build the World’s First Stablecoin Payments Network

Business Wire
Company Unveils Revolutionary Layer 1 Protocol Purpose-Built and Optimized for Stablecoin Payments Funding Round Includes Participation from F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, Portage, Ethereal Ventures, CMT Digital and Other Prominent Global Investors 1Money Co., which is developing the world’s first purpose-built Layer 1 exclusively designed for stablecoins......
Tradable Brings $1.7 Billion in Tokenized Alternative Assets to ZKsync, Secures Strategic Investment from ParaFi Capital
Commerce Digital Payments Finance Fintech Investments News

Tradable Brings $1.7 Billion in Tokenized Alternative Assets to ZKsync, Secures Strategic Investment from ParaFi Capital

Business Wire
Tradable enables efficient asset tokenization to bring institutional-grade investments on-chain Tradable, a pioneering technology company focused on making institutional-quality investments accessible to a broader range of participants, has achieved a significant milestone by tokenizing $1.7 billion of assets across nearly 30 institutional-grade private credit positions. Tradable is now the third-largest......
Cyber Security Regulations Are Breaking the Bank for UK Financial Service Organisations
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Cyber Security Regulations Are Breaking the Bank for UK Financial Service Organisations

Business Wire
Nearly Half (47%) of UK Businesses Reported Spending Over a Million Euros in the last two years. Ransomware remains the greatest cyber threat to the UK’s finance and banking sector. Costs also deteriorated employee wellness; regulations put enhanced pressure on over half (58%) of UK CISOs. Although the European Digital......
iCapital to Acquire Parallel Markets to Streamline Digital Identity, Investment Onboarding, and Compliance Verification
Commerce DeFi Digital Asset Management Digital Payments Digital Wallet Finance Fintech Fintech Primers Investment Services Investments Lending Markets Mortgage News Payment gateways Property Recommended Stock Market Technology

iCapital to Acquire Parallel Markets to Streamline Digital Identity, Investment Onboarding, and Compliance Verification

Business Wire
iCapital will introduce the first-of-its-kind reusable KYC/AML passport technology for alternative investments, aiming to eliminate duplicative investor profiles and compliance checks, which saves time and resources. iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, and Parallel Markets, a leader in reusable......
RIA Out of the Box Launches Enhanced Compliance Services with a Turnkey Solution Including Cost Reimbursement
Commerce Compliance management DeFi Digital Asset Management Digital Payments Digital Wallet Finance Fintech Fintech Primers Investment Services Investments Lending Markets Mortgage News Payment gateways Property Recommended Stock Market Technology

RIA Out of the Box Launches Enhanced Compliance Services with a Turnkey Solution Including Cost Reimbursement

EIN Presswire
Offering RIA registration, ongoing compliance support, and cost reimbursement RIA Out of the Box announces the official launch of its game-changing services designed to provide registered investment advisers (RIAs) with a way to launch and maintain an RIA. RIA Out of the Box™ is a fully turnkey solution that not only......
Reeco Raises $15 Million Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform
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Reeco Raises $15 Million Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform

PR Newswire
Funding will drive Reeco’s strategic growth initiatives as it streamlines back-of-house operations for North American hotels Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, announced it has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated advancement of the......
Trust Science Adds FinTech Veteran Reid Morrison as Chief Technology Officer
Digital Payments Finance Fintech Investments News

Trust Science Adds FinTech Veteran Reid Morrison as Chief Technology Officer

EIN Presswire
Trust Science®, a loan applicant sourcing, screening and decisioning platform, today announced the addition of Reid Morrison as Trust Science’s new CTO. Trust Science, a loan applicant sourcing, screening and decisioning platform, today announced the addition of Reid Morrison as Trust Science’s new CTO. Morrison, a senior technology leader with......
AML RightSource Announces the Appointment of Steve Meirink as CEO
Digital Payments Finance Fintech News

AML RightSource Announces the Appointment of Steve Meirink as CEO

PR Newswire
AML RightSource, the global leader in financial crime compliance solutions, today announced the appointment of Steve Meirink as the company’s new Chief Executive Officer, effective immediately, and that he has been named to the Board of Directors. Meirink succeeds Frank Ewing, whose transformative 15-year tenure propelled AML RightSource into a global industry leader.......
Upstart Unveils Enhanced Showroom and Auto Financing Solutions that Boost Dealership Sales, Elevate Customer Experience
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Upstart Unveils Enhanced Showroom and Auto Financing Solutions that Boost Dealership Sales, Elevate Customer Experience

Business Wire
Upstart, the leading AI lending marketplace, announced the largest and most significant set of product enhancements to the In-Store and Financing solutions on its Auto Retail platform. The enhancements empower dealerships to more easily configure and efficiently manage the sales process, desk deals, streamline financing workflows, and close sales more......
Airwallex Invests in Latin America Growth With Brazil and Mexico Entries
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Airwallex Invests in Latin America Growth With Brazil and Mexico Entries

Business Wire
Amid growing digitization and cross-border opportunities, Airwallex prepares to launch services in Latin America’s two largest economies. Airwallex secures payment institution license in Brazil, with plans to launch services in 2025. Airwallex finalizes acquisition of MexPago, paving the way for integration. Airwallex announced several milestones in its global expansion strategy: securing......
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