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ABN AMRO Pilots e-ID with Payment Capability
Dutch bank ABN AMRO has partnered with bicycle rental company Swapfiets to offer Swapfiet clients access to ID & pay.With ID & pay, customers can sign up and pay for a service in seconds while...
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Railsr Reels in $46 Million
Embedded finance player Railsr closed a $46 million Series C round comprised of $26 million in equity and $20 million in debt.Company CEO and Co-founder Nigel Verdon is calling the investment “a...
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Merrill Wealth Management Launches Advisor Matching Program
Merrill Wealth Management launched Merrill Advisor Match, a tool to connect people with the right advisor.Using Merrill Advisor Match, customers answer a set of questions that helps match them with a...
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Citi Dips Toe into Crypto Waters, Leading $6 Million Round in xalts
Hong Kong-based digital asset investment startup xalts received $6 million in funding.The round was co-led by Citi Ventures and Accel. The investment marks a first for Citi; it is the first digital...
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Which Fintech Trend Should We Be Paying Attention To?
Fintech is a broad industry, and with the breadth of its sub-sectors comes a large range of trends that change year after year. But with all of the new, hot trends to follow, it’s impossible for banks...
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Alogent Acquires AccuSystems for Document Imaging
Banking software firm Alogent has acquired document imaging and tracking software company AccuSystems.Terms of the deal were not disclosed.Adding AccuSystems’ technology will help Alogent expand to...
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Deutsche Bank Taps Fiserv to Launch New Payments Company in Germany
Deutsche Bank and Fiserv are teaming up to launch Vert, a payment acceptance and processing company aimed to serve small businesses.Unlike other tools on the market, Vert will also offer traditional...
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Six Minutes with Inspired Capital Founder Alexa Von Tobel
If you had 6 minutes to talk with Alexa Von Tobel about all things fintech, what questions would you ask? For those new to the fintech industry, let me fill you in. Alexa is the Founder and Managing...
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NorthOne Raises $67 Million to Become the Digital Finance Department for...
Small business banking tools company NorthOne pulled in $67 million in funding this week.The Series B round increases the company’s total raised to more than $90 million.NorthOne has big ambitions,...
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Amazon Launches Insurance Store in the U.K.
Amazon is launching an online insurance marketplace in the U.K.The company is partnering with Ageas UK, Co-op, and LV= General Insurance to offer the Amazon Insurance Store, a new tool to help U.K....
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N26 Taps Bitpanda to Add In-App Crypto Trading
Challenger bank N26 is launching N26 Crypto, an in-app cryptocurrency trading tool.The company is partnering with Bitpanda for trading and custody of the 194 cryptocurrencies that will be available on...
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Digital Bank Nerve’s New Strategic Partnership Comes with Up to $7 Million in...
Digital bank for creatives, Nerve, is partnering with London-based Talenthouse, a firm that helps artists find work with global brands.Talenthouse’s money management platform, TalentPlus, will...
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Marqeta Launches Suite of Banking Products
Card issuance company Marqeta is launching a suite of banking products for its clients to offer their end customers.Marqeta for Banking is comprised of seven banking products made available through...
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Investor Cash Management Brings Inclusive Finance to Delaware State University
This post is sponsored by Delaware Prosperity Partnership Investor Cash Management (ICM) is working with Delaware State University to help the university promote financial wellness.Among ICM’s other...
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Blockchain.com Launches Debit Card for U.S. Users
Blockchain.com is launching a Visa debit card in partnership with Marqeta today.The fee-free card enables users to spend their crypto balance or cash within their Blockchain.com wallet.Blockchain.com...
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Three Elements of the CFPB’s Financial Data Rights Rulemaking
The U.S. Consumer Financial Protection Bureau (CFPB), which is tasked to protect consumers from unfair, deceptive, or abusive practices, has had a busy month. The bureau is in the headlines once again...
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Cinchy Lands $14.5 Million in Funding
Data access and control firm Cinchy received $14.5 million in funding this week.The series B round was led by Forgepoint Capital and brings Cinchy’s total funding to $24.2 million.As part of the...
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JP Morgan Chase to Create Rental Payments Platform for Tenants and Landlords
JP Morgan Chase is working on a rent management tool for owners of multi-family housing buildings.The new tool, called Story, will enable landlords to send invoices, receive payments, track payments,...
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4 Spooky Stats on the State of Venture Funding
For many in the fintech industry, there are few things as scary as the economy right now. High inflation, lowered investor and consumer confidence, and political tensions are all contributing to an...
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Amazon Taps Parafin for Merchant Cash Advance Program
Amazon is launching a merchant cash advance tool in partnership with Parafin.The cash advance ties repayment to a percentage of the Amazon seller’s Gross Merchandise Sales (GMS).The program launches...
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