USA

Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

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Visa Cash App Forms Partnership with Red Bull Formula 1 Teams

The Formula One grid is charging into the 2024 season with a new look and new support. Red Bull F1 Teams and Visa announced an unprecedented multi-year agreement where Visa will become the first global partner of both Red Bull F1

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Fintech Venture Fund Canapi Raises $750m

Canapi Ventures, a fintech venture capital fund backed by nearly 70 financial institutions and strategic investors across the United States, announced the raise of a $750 million Fund II. Canapi is backed by the Canapi Alliance, the fund’s network of

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Nasdaq Launches Digital Platform for Global Carbon Based on Smart Contracts

Nasdaq announced the launch of a new technology that securely digitizes the issuance, settlement, and custody of carbon credits. It will be provided to market infrastructures, registry platforms, and other service providers globally. The service will support the development and

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UBS’ Roboadvisor Wealthfront Announces $50 Billion AUM Milestone

Wealthfront, a leading robo-advisor industry, announced that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young professionals across the United States. This year Wealthfront’s team introduced new product lines, leading to an increase

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Bottomline Opens B2B Payment Network

Bottomline makes its B2B payment network available to approved financial institutions, fintechs and others looking to increase payment acceptance. This is the first time Bottomline’s business payment network has opened access to its proprietary Premium ACH supplier network. Partners can

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The Top 50 Crypto VC’s in 2023

The USA is dominant in the cryptocurrency venture capital (VC) game, representing more than 71% of the total amount of capital under management from the top 50 crypto-focused VC funds, a new report by Coinstack Partners, a boutique investment bank

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US VC Investments Show Signs of Stabilization

After 18 months of decline, the US venture capital (VC) investment landscape is showing signs of stabilization and returning to 2019-2020 levels, new data released by Silicon Valley Bank (SVB) show. In H2 2022 and H1 2023, VC investments in

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Jumio Recognized as Representative Vendor for Identity Verification by Gartner

Jumio, a provider of identity verification solutions, has been recognized as a Representative Vendor in the latest Gartner Market Guide for Identity Verification. This is the fifth consecutive year that Jumio has received this recognition. Vendors are selected for the

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PayPal Partners with Meta to Enable Donations on Facebook and Instagram

Paypal announced that PayPal Giving Fund is expanding its partnership with Meta to exclusively enable charitable giving on Facebook and Instagram in the US, UK, Australia and Canada. As an IRS-registered charity, PayPal Giving Fund’s mission is to support charities by

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