With the proliferation of immediate payments, one area resistant to change has been bill pay. But U.S. Bank is leading the industry, bringing the power of Real-Time Payments to the U.S. Bank consumer bill pay experience for the first time.
Plaid’s recent acquisition of competitor Quovo is helping to set the stage for a new chapter in data aggregation; David...
VC3 brings decentralized autonomous organizations (DAO) to venture capital by using the power of a very selective crowd.
According to an SEC filing MoneyGram revealed that Ripple had paid the remittances company more than $11mn in the last...
Recent research by Juniper Research reports that fintech platform revenues are to reach $10.5 billion globally by 2020, up from $5.2 billion expected this year; factors contributing to the rise are: an acceleration in P2P lending, crowdfunding becoming a viable alternative to traditional lending mechanisms and the deployment of next generation analytics platforms. Source
LendIt has announced its Lang Di Fintech 2017 conference which will be held on July 15 to 16 at the Kerry Hotel, Pudong, Shanghai; LendIt also announced a partnership with JadeValue Fintech who will co-host the second annual LendIt China PitchIt@LendIt startup competition and offer the winning company six months of co-working space as one of the many competition prizes; LendIt China will also be translating the daily LendIt News on its new Lang Di WeChat channel. Source
Artificial intelligence firm Cleo has raised 550,000 British pounds ($626,300) from angel investors; investors included Niklas Zennström, Jason Goodman, Alex Chesterman, Siraj Khaliq, Errol Damelin, Simon Franks, Wendy White and Joe White; Cleo is an AI-powered service working in connection with AI robots like Amazon Alexa to offer consumers personal finance advice; firm plans to use the new capital to further develop its technology and increase its user base of clients which are primarily in the UK. Source
Jacobo Toll-Messia’s mission is to scale Layer 2 solutions to the point where they become viable commercial uses and he wants Nahmii to take it there.
L.A.-based credit company Sunbit launched a BNPL card this month to compete with other BNPLs through a no-fee credit card experience.
This new funding will allow Trii to expand operations in three key countries in the region: Colombia, Peru and Chile.