Global Fintech Interview with Nasser Chanda, CEO at Paymerang
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ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
ETHA Lend, the chain agnostic yield optimizer powered by Polkadot and Ethereum, raised $1.6 million during their first funding rounds to accelerate yield optimization in DeFi. The investment round was led by AU21 Capital, DFG Group and Privcode Capital, followed shortly by eminent investors including Vector Capital, Chain Capital, PNYX......
African Fintech Startup ImaliPay Raises Pre-seed Funding To Service Gig Economy
ImaliPay, an African-based fintech start-up is making waves by reshaping the future of work in the gig economy. Read More: GlobalFintechSeries Interview with Irwin Grossman, CEO and Co-founder at Delta Payment Solutions The Australian venture capital firm TEN13 reputed for investing in top-tier start-ups has invested an undisclosed amount of pre-seed......
FedNow Outlines Approach To ISO 20022 Specifications
The new year is off to a fast start for the FedNow Service. We recently announced the 120+ strong pilot participant roster and a narrowed timeframe — now 2023 — for our industrywide service launch. Next on the horizon is the publication of the ISO 20022 message specifications for the......
Industry Names Pico “Best Managed Services for Trading” for Fifth Consecutive Year
Pico, a leading provider of technology services for the financial markets community, has won the “Best Managed Services for Trading” title in A-Team Group’s 2021 TradingTech Insight Awards. Pico provides and operates a technology platform that underpins the markets business of more than 400 marquee clients across leading banks, exchanges,......
Capital One Exec Joins Fraud Elimination Leader Vesta as Head of AI and R&D
Paul Melby will oversee the launch of Vesta’s new AI lab to accelerate development of advanced fraud-eliminating capabilities. Vesta, a global leader in card-not-present (CNP) fraud prevention and approval enhancement solutions, today announced it has tapped industry veteran Paul Melby to serve as Senior Vice President, Artificial Intelligence and R&D. His duties......
Finicity Releases Comprehensive Mortgage Verification Service for Simpler, Faster Borrowing Experience
One-touch, GSE-accepted verification of assets, income and employment reduces loan process by up to 12 days Finicity, a Mastercard company and leading provider of open banking solutions, today announced its one-touch Mortgage Verification Service (MVS), enabling lenders to provide the simple, easy experience that today’s consumers and lenders are looking......
Raisin and N26 Combine to Deliver Top Interest Rates on New Overnight Accounts
Despite Germans’ status as the champion savers of Europe, with a current total deposits volume in Germany of over 2.5 trillion euros, Germany has not been able to cure its low interest rate headache. According to current data from the European Central Bank, the average interest rate in Germany for......
SIMON and Cetera Launch Innovative Access To Annuity Solutions
Cetera enlists SIMON to deliver streamlined annuities education, marketplace, and analytics to its national network of financial professionals. SIMON Annuities and Insurance Services LLC (“SIMON”) and Cetera have announced a new collaboration that delivers SIMON’s award-winning insurtech platform for annuities to all Cetera financial professionals. The SIMON annuities platform streamlines product education, namely......
WEX’s Health Division Strengthens Position as Industry Leader
WEX, a leading financial technology service provider, further solidified its leadership position in 2020 in terms of growth and services across its Health division. Read More: A Few of the ”Hottest” UK Fintech Startups! “Our shared mission of simplifying benefits for everyone is fueled by our ongoing commitment to investing in......