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THORChain Integrates with Avalanche to Advance Multichain Interoperability

THORChain, a non-custodial decentralized liquidity protocol that enables decentralized exchanges (DEXs) and users to seamlessly transfer their digital assets across blockchains, has integrated support for Avalanche, the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality.

Tuesday, October 4, 2022 - 14:29
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/news/blockchain/thorchain-integrates-avalanche-advance-multichain-interoperability
Financial IT
How Banks and Fintechs Are Collaborating to Support the Creator Economy

Worldwide, the creator economy is blooming. There are more than 2 million people who consider themselves professional creators, plus another 46.7 million “amateurs” from whom more pros will emerge.

Tuesday, October 4, 2022 - 14:23
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/news/banking/how-banks-and-fintechs-are-collaborating-support-creator-economy
Financial IT
Railsr Achieves Series C Milestone

Railsr, the world leading embedded finance platform, has today announced that it has closed its Series C round, raising $46m.

Tuesday, October 4, 2022 - 13:20
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/news/fundraising-news/railsr-achieves-series-c-milestone
Financial IT
TripActions Launches Global Rapid Reimbursements in Nearly 30 Currencies Across More than 45 Countries

TripActions, the all-in-one travel, corporate card, and expense management solution, today launched global rapid reimbursements through TripActions Liquid™, a new feature enabling quick reimbursements for out-of-pocket expenses made in nearly 30 currencies across more than 45 countries. The innovative feature eliminates the inconvenience and frustration of waiting to be reimbursed through payroll — a process that can often take months for employees.

Tuesday, October 4, 2022 - 13:07
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/news/wealth-management/tripactions-launches-global-rapid-reimbursements-nearly-30-currencies-across
Financial IT
Cryptyde Completes Acquisition of Forever 8

Cryptyde, Inc. today announced that it has successfully closed the acquisition of Forever 8 Fund, LLC, an e-commerce fintech company (“Forever 8”). The acquisition lays the foundation for Cryptyde’s fintech portfolio and positions Cryptyde to generate revenue from the F8 acquisition, beginning in Q4 of 2022

Tuesday, October 4, 2022 - 12:54
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/news/blockchain/cryptyde-completes-acquisition-forever-8
Financial IT
CoreCard Corporation Announces New Board Member

CoreCard Corporation announced the addition of a new board member, Kathryn Petralia, to serve as an independent Director of the Company. Ms. Petralia is the Co-Founder of Keep Financial, a fintech compensation platform that helps employers and employees stay together longer and happier. Prior to starting Keep, Kathryn Co-Founded Kabbage, financial services, technology and data platform for small businesses that was acquired by American Express in 2020.

Tuesday, October 4, 2022 - 12:49
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/news/management/corecard-corporation-announces-new-board-member
Financial IT
Neobanking Platform Juno Raises $18 Million in Series A

Crypto digital banking firm Juno has raised $18 million in a Series A funding round to expand products and operations, and launch its first tokenised loyalty programme.

The round was led by Mac Private Equity, the offshore private equity firm owned by Mac McClafferty, and included other well-known crypto industry figures that are part of McClafferty’s consortium of Caribbean investors.

Tuesday, October 4, 2022 - 11:54
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/news/fundraising-news/neobanking-platform-juno-raises-18-million-series
Financial IT
Tally Raises $80 Million in Series D Funding Led by Sway Ventures

Tally, a leading financial automation company, announced today it has received $80 million in Series D funding led by Sway Ventures with participation from Menora Mivtachim. The company also announced that Ken Denman, a veteran customer-centric technology leader, has joined Tally’s Board of Directors. Previous investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures and Cowboy Ventures also took part in this round.

Tuesday, October 4, 2022 - 11:38
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/news/fundraising-news/tally-raises-80-million-series-d-funding-led-sway-ventures
Financial IT
Ken Scott Named Next Chair of the Lending Standards Board

The Lending Standards Board (LSB) has chosen its next Chair as it continues its vital work driving fair outcomes for financial services customers.

Ken Scott will replace current Chair Chris Pond, when he reaches the end of his six-year term on 1 April 2023.

Tuesday, October 4, 2022 - 11:30
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/news/people-moves/ken-scott-named-next-chair-lending-standards-board
Financial IT
NORD/LB Partners with Trade Ledger to Bring Fast Finance to Corporates

NORD/LB, one of Germany’s largest commercial banks, is accelerating access to finance for its large corporate customers, in a partnership with Trade Ledger, the global data-driven lending technology provider.

Tuesday, October 4, 2022 - 11:24
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/news/trade-finance/nordlb-partners-trade-ledger-bring-fast-finance-corporates
Financial IT

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