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Brex Adapts Rewards, Adds SBA Loan Support to Help Customers During COVID-19 Crisis
Banking Fintech Funding

Brex Signs $200M Debt Capital Raise

Fintech News Desk
Funding Will Fuel Brex’s Fast Growing Ecommerce Product Brex, the financial technology company that helps ambitious companies scale, announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse,......
IDnow reports 250% increase in fraud attempts since the beginning of the COVID-19 pandemic - detection remains very good
Fintech News

IDnow Integrates eID Service from AUTHADA Into its Platform

Fintech News Desk
IDnow platform will be expanded to include the eID service. In addition to video identification and the AI-based AutoIdent solution, IDnow will now also offer IDnow eID, a quick and user-friendly way to identify people using the online functionality of their ID card with their smartphone. An NFC-enabled smartphone can even......
Ledger Vault, Coinstreet Partners And Global Intelligent Trust Collaborate to Launch Digital Asset Custody Service for Digitized Securities, Tokenized Assets & Stablecoins
Fintech News

Ledger Vault, Coinstreet Partners And Global Intelligent Trust Collaborate to Launch Digital Asset Custody Service for Digitized Securities, Tokenized Assets & Stablecoins

Fintech News Desk
BMI Coinstreet Digital (BC-Digital), a joint venture between BMI Group & Coinstreet Partners, and Global Intelligent Trust (GIT), a licensed trust company in Hong Kong, announced their collaboration to launch digital asset custody services for initial Tokenized Security Offering (TSO), Digitized Security Offering (DSO), Tokenized Asset Offering (TAO), Security Token Offering......
Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients
Banking News

Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients

Admin
Bank of America announced the expansion of unlimited commission-free online stock, ETF and option trading to all Merrill Edge Self-Directed investors. Zero-dollar trades, together with the firm’s powerful combination of personalized guidance, straightforward tools, professional expertise and the industry-leading Preferred Rewards program, ensure Bank of America and Merrill clients can pursue their......
Payrailz Promotes Song Nunnallee to VP of Implementation
Banking News

Payrailz Promotes Song Nunnallee to VP of Implementation

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Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced the promotion of Song Nunnallee from director to vice president of implementations to further emphasize the company’s commitment to providing exceptional customer service. In this expanded role, and reporting to Payrailz’ COO Paul......
Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
Artificial Intelligence News

Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners

Fintech News Desk
FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6 million dollars, led by Impression Ventures, with participation from BMO Capital Partners, Anges Québec and strategic partners. Credit card issuers report that 24% of recurring credit card transactions are falsely declined,......
Olympus Fintech Introduces Olympus Platform
Fintech News

Olympus Fintech Introduces Olympus Platform

Fintech News Desk
Innovative, One-Stop Solution Provides Investment Managers Unified Ecosystem of Information and Communication throughout Investment Life Cycle Olympus Fintech, a leading software company creating solutions for public and private market asset managers, announced the launch of its Olympus Platform (the “Platform”), an innovative, one-stop tool that improves operating efficiency for investment......
Dominion Energy Ohio Issues Scammer Alert to Customers
Banking News

Dominion Energy Ohio Issues Scammer Alert to Customers

Fintech News Desk
Dominion Energy Ohio warns customers not to provide banking or other personal information to scammers who claim such data is required to receive a new federal tax cut credit. The company reminds customers they will begin receiving those credits automatically, beginning in April 2020, in their monthly bills. The Public Utilities......
BankTEL Launches First AvidPay Customer
Banking News

BankTEL Launches First AvidPay Customer

Fintech News Desk
Studio Bank Gains Access to Largest B2B Payments Network With Avidpay Integration  BankTEL, an AvidXchange company, announced that it has launched its first AvidPay customer, Nashville-based Studio Bank. The product launch for Studio Bank represents a significant milestone following the October 2019 acquisition of BankTEL by AvidXchange. Read More: Republic Provides a $1.5 million Facility to......
Starship Raises $11 million to Expand Access to Health Savings Accounts
Fintech Startups News

Starship Raises $11 million to Expand Access to Health Savings Accounts

Fintech News Desk
New Funds and Major Partnership Make Health Savings Accounts More Accessible to Americans, regardless of Employment Status Fresh off of a Series A investment of $7 million led by Valar Ventures—bringing total money raised to $11 million—fintech startup Starship is making portable health savings accounts available to drivers, delivery persons and carriers who use......
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