Fintech Archives - Page 22 of 45

2 minute read

Alibaba Affiliate Ant Group Eyes Overseas Web3 Expansion With New Blockchain

September 8, 11:33 AM

Ant Group, an affiliate company of Alibaba (NYSE: BABA) and parent of Alipay, launched a new blockchain service, ZAN which will be targeting Hong Kong, Singapore, and overseas markets f

BABA

2 minute read

Coinbase’s Investment Arm Finances Six Onchain Projects, Promotes Innovation

By Khyathi Dalal

September 8, 9:48 AM

Coinbase Ventures announced an initial round of investments into six projects from the Base Ecosystem Fund, including Avantis, BSX, Onboard, OpenCover, Paragraph, and Truflation. The investment amounts remain undisclosed.

COIN

2 minute read

Fintech
News

UK Grants Banking License To Amsterdam-Based Adyen, Which Saw Recent Interest From Cathie Wood’s ARK Invest

By Khyathi Dalal

September 7, 7:03 PM

Dutch payment technology giant Adyen (OTCMKTS: ADYEY) nabbed a banking license in the U.K., enabling its merchants to offer cash advances to small and medium-sized enterprises there. Adyen is used by several high-profile companies including Microsoft, Instacart and Subway as an all-in-one payment processor.

ADYEY

1 minute read

JPMorgan Explores Game-Changing Blockchain Deposit Tokens For Swift Cross-Border Payments

By Piero Cingari

September 7, 6:20 PM

Discover how JPMorgan is pioneering blockchain-based deposit tokens to revolutionize international transactions. Regulatory approval stands as the final hurdle on the path to transforming banking efficiency.

JPM

1 minute read

Mastercard Teams With KredX For B2B Payments, Pledges To ‘Strengthen Supply Chains’

By Khyathi Dalal

September 7, 4:35 PM

Payment giant Mastercard Inc. (NYSE: MA) is integrating its commercial card service with India-based supply chain finance platform KredX.

2 minute read

Paysafe Deepens Strategic Partnership With Eightcap, Pushes Focus On Merchant Solutions Segment

By Khyathi Dalal

September 6, 6:59 PM

Payments platform Paysafe Ltd. (NYSE: PSFE) and global retail trading provider Eightcap advanced their partnership with the introduction of an innovative Embedded Trading Wallet solution for partners and merchants in the European Union.

PSFE

2 minute read

Students Just Started Paying Their Loans Back, SoFi Analyst Sees A Tailwind

By AJ Fabino

September 6, 5:37 PM

Bank of America Securities analyst Mihir Bhatia issued a note Wednesday concerning the uptrend in student loan repayments and the beneficiaries of student loan payments.

SOFI

3 minute read

The Great Stake.com Robbery Of $40M Amplifies Calls For Stricter Digital Safeguards

By Murtuza Merchant

September 6, 3:21 PM

Recent high-profile hot wallet breaches have sent shockwaves through the crypto community, prompting industry experts to weigh in on potential security lapses and the urgent need for enhanced cybersecurity measures.

$HOT

2 minute read

Neuberger Berman’s $1B Investment In Wayflyer Set To Transform E-commerce Lending

By Khyathi Dalal

September 6, 2:09 PM

E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman (NYSE: NBXG).

NBXG

2 minute read

FaaS Market Will Soar To $1T, Crypto Asset Management To Reach $3.1B: New Economic Titans

By Khyathi Dalal

September 6, 12:44 PM

Fintech and Digital Assets are the next economic boom. According to a Global Market Insights report, Fintech as a Service (FaaS) industry is estimated to grow from a $260.7 billion market size in 2022 to $995.9 billion in 2032 (CAGR: 14%).

ADYYF