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Crypto Exchange Tech Firm AlphaPoint Raises $5.6m
AlphaPoint

Crypto-focused exchange software provider AlphaPoint has raised $5.6 million in new funding from unnamed sources.

Launched over six years ago, AlphaPoint provides while label full-stack software for cryptocurrency exchange operators as well firms looking to create and manage security tokens using blockchain.

The firm has powered over 150 customers across 35 countries, serving over a million end-users and enabling 100 million annual trades across the client portfolio.

Monday, March 9, 2020 - 06:18
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/news/blockchain/crypto-exchange-tech-firm-alphapoint-raises-56m
Financial IT
SIA Calls in JP Morgan for Possible IPO
Italian payments giant SIA

Italian payments giant SIA has hired JP Morgan as financial advisor for all 'extraordinary transactions' - including a possible IPO.

The firm, which is controlled by state lender CDP Equity, confirmed last month that it was beginning the listing process.

It said then that it could issue ordinary shares on the Mercato Telematico Azionario market by the summer, although a merger with another payments player was not ruled out.

Monday, March 9, 2020 - 06:16
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/news/payments/sia-calls-jp-morgan-possible-ipo
Financial IT
CFPB Takes Key Steps To Prevent Consumer Harm
CFPB

The Consumer Financial Protection Bureau (Bureau) today announced three steps to advance its strategy on one of its key priorities: preventing consumer harm.

Monday, March 9, 2020 - 06:09
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/news/security-and-compliance/cfpb-takes-key-steps-prevent-consumer-harm
Financial IT
akshay@ambitsoftware.com
Friday, March 6, 2020 - 14:27
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/content/akshayambitsoftwarecom
noreplyr8@wtebiz.net
Friday, March 6, 2020 - 12:21
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/content/noreplyr8wtebiznet
Afterpay Selects Marqeta as its U.S. Issuing Partner

Marqeta announced today that it has been selected to partner with Afterpay, the leader in “Buy Now, Pay Later” payments, to help accelerate its growth in the U.S. market and support new innovative product offerings for its customers.

Friday, March 6, 2020 - 12:16
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/news/payments/afterpay-selects-marqeta-its-us-issuing-partner
Leading peer to peer lender celebrates £1bn milestone with 1% cashback offer for investors

Assetz Capital, one of the UK’s most impactful business lenders, has surpassed the £1bn mark for lending to SMEs and housebuilders across the UK, just seven years from being set up in 2013.

Friday, March 6, 2020 - 11:37
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/news/p2p-lending/leading-peer-peer-lender-celebrates-ps1bn-milestone-1-cashback-offer-investors
Financial IT
Empower Chalks Up $20 million Series A
Empower, a mobile banking app

Empower, a mobile banking app in the US challenger bank category, has raised $20 million in Series A funding, with participation from Icon Ventures, Defy Ventures, and David Velez, founder and CEO of Brazil's Nubank.

Friday, March 6, 2020 - 11:24
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/news/banking/empower-chalks-20-million-series
Financial IT
Better data storage can revolutionise fintech: here’s how

New technologies are upending banking and finance, often in unforeseeable ways. Financial institutions now must find better ways to deliver the services their customers expect, whether it’s money management, investing, trading, or making payments.

Data is behind all the technologies that are revolutionising finance. Whether it be blockchain, machine learning, or high-speed trading, fintech requires rapid access to huge – and ever-growing - volumes of data.

Friday, March 6, 2020 - 10:46
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/blog/financialservices/better-data-storage-can-revolutionise-fintech-heres-how
Financial IT
Truevo Launches Point of Sale Solution in UK, Ireland, Malta

Full-service card acquirer and payment service provider, Truevo, has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today. Previously, Truevo has specialised in online, mobile and push payment solutions, so this offering marks the broadening of their product range into the card-present industry.

Friday, March 6, 2020 - 10:28
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/news/payments/truevo-launches-point-sale-solution-uk-ireland-malta
Financial IT

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