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Nebula Merges with Open Lending, Forming a New Publicly Traded Company
Lending solutions provider Open Lending has agreed to merge with Nebula Acquisition Corporation, an acquisition company sponsored by True Wind Capital. The merger will take place via an acquisition in...
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The Digital Identity Infrastructure and What it Has to do with Fintech
The last decade brought about a lot of discussion around digital identity. Dozens of security companies created new solutions to help banks authenticate their user’s identity and verify their personal...
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ING’s Katana Becomes a Standalone Fintech
Dutch financial services corporation ING announced today it is spinning off Katana into its own entity called Katana Labs. As a part of its move to independence, Katana has closed $3.9 million in...
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Sprint and Wirecard to Deliver the Internet of Payments
Telecommunications giant Sprint and German financial services provider Wirecard announced they are teaming up to deliver the Internet of Payments. Under the agreement, Sprint will integrate Wirecard’s...
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China Says 你好 to American Express
The People’s Bank of China (PBOC), China’s Central Bank, announced it has accepted an application from American Express (AmEx) that expressed the company’s intention to operate in China. Reuters...
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8 Banks You’ll Compete with if You Offer More Than 2% on Savings
Banks are facing an increased number of competitors these days. Not only are traditional banks vying for customer deposits, but fintechs and challenger banks want part of their funds, as well. The...
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Siam Commercial Bank Taps Ripple for Cross-Border Payments
Thailand’s biggest bank by assets, Siam Commercial Bank (SCB), announced it has partnered with blockchain solutions company Ripple. SCB will leverage Ripple’s RippleNet to power the cross-border...
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INTL FCStone Acquires International Bank Transfer Firm
Risk management and advisory services firm INTL FCStone announced today that its London-based subsidiary has agreed to acquire GIROXX for an undisclosed amount. Headquartered in Germany, GIROXX offers...
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Tradeshift Lands $240 Million as it Inches Toward Profitability
Supply chain payments company Tradeshift just unveiled details about a $240 million funding round today. The investment– a combination of debt and equity– comes from new and existing investors....
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Raisin’s New Acquisition Gives Company Access to the U.S. Market
European deposit marketplace Raisin announced today it acquired New York-based Choice Financial Solutions. Terms of the acquisition, which marks Raisin’s fourth purchase in the past year, were...
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Not Another 2020 Trends Prediction Post (Seriously, It’s Not!)
If you’re like me, you’re already experiencing 2020 fatigue. If you’ve read at least 10 posts depicting the top trends for 2020 in every fintech sub sector, you’re not alone. Fortunately for you, this...
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Getsafe Expands its Insurtech to the U.K.
If your insurance company is offering you drone insurance, you know it’s not your grandmother’s insurance agency. Germany-based insurtech Getsafe does just that– and the company announced today it is...
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ITSCREDIT’s João Pinto on the Digital Lending Opportunity
ITSCREDIT CEO João Pinto We recently spoke with ITSCREDIT CEO João Pinto. Founded in 2018, ITSCREDIT is a spinoff from ITSECTOR and is a fairly new player in the digital lending space. The...
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Kasasa Enhances its Take-Back Loan
Community bank marketing expert Kasasa announced a partnership with Carleton today in which Kasasa will integrate Carleton’s insurance and debt protection calculations into its Kasasa Loan, a move...
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How Trusona Stops the Funding of Evil
If you’ve ever been hacked, having either money or personal credentials stolen, did you stop to think about what type of person, organization, or agenda you were inadvertently supporting? “Let’s talk...
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Vive Lands Banking License
Challenger bank Vive Bank received some good news from the Bank of England today. The U.K.-based startup has been granted a banking license with restrictions. Vive is aiming to ship its offerings in...
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Paga Acquires Apposit, Announces Geographic Expansion
Mobile money operator Paga is poised for growth. The Nigeria-based fintech acquired U.S. software company Apposit and announced plans to expand its services geographically. Apposit was founded in 2007...
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Accenture Taps the Blockchain for New Procurement Platform
Consulting and technology services company Accenture launched a new procurement solution today called the True Supplier Marketplace. The new tool taps into the blockchain to more efficiently connect...
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Persistent Systems and ValidSoft Team Up to Enhance Voice Authentication
Software delivery company Persistent Systems and cybersecurity firm ValidSoft joined forces this week. The two are working together to develop a digital voice authentication solution that integrates...
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PSD2 Turns Two: Where Do We Go From Here?
Break out the PSD2 birthday cake! On January 13 the Second Payment Services Directive (PSD2)– what we now generally think of as open banking– turned two years old. PSD2 still has a long way to go but...
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