USA
Apple Card’s Savings Account With High Interest Is Now Available Only for U.S. Users
Apple has announced that its card users in the U.S. can now set up a savings account from Goldman Sachs which offers a high-yield APY of 4.15 percent. This is more than 10 times the national average according to the
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Twitter Ties up With eToro to Enable Users to View Real-Time Stocks, Crypto Prices
Multi-asset investment company eToro has partnered with Twitter to enable the social media platform’s users to instantly see real-time prices for a wider range of stocks, crypto and other assets when using the new $Cashtags feature. Twitter added pricing data
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Crypto Exchange Kraken Becomes Official Sponsor of Williams Racing F1 Team
Williams Racing, a British Formula One team and constructor, announced that global crypto exchange Kraken has inked a deal to become its first official crypto and Web3.0 partner. The Kraken branding will adorn the FW45 halo and rear wing for
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Apple Rolls Out Its Pay Later Offering for Selected Users
Apple has rolled out its Buy Now, Pay Later offering in the U.S., allowing users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can apply for Apple Pay Later loans of
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The Impact of Silicon Valley Bank’s Collapse on Fintech
With over 2,600 fintech clients, Silicon Valley Bank (SVB) is more than just bank and venture debt lender. Beyond banking and financing, SVB is also a technology partner to many fintech companies, serving as a gateway for commercial payments and
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J.P. Morgan to Acquire Aumni for Its VC Investment Analytics Software
J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Aumni will
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UBS and Goldman Sachs Invest into Regtech Company Droit
Droit, a New York based technology firm at the forefront of computational law and regulation, announced it has closed a $23 million Series B investment in its latest funding round. The round was led by Pivot Investment Partners and UBS
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OneSpan Inks Deal to Acquire Aussie Blockchain Tech Provider ProvenDB
Cybersecurity technology company OneSpan has inked a deal to acquire Australia-based blockchain technology provider ProvenDB for an undisclosed sum. The transaction is anticipated to close during the first quarter of 2023 and is subject to customary closing conditions. Through this
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Worldpay: FIS Announces Plans to Spin off Merchant Business
FIS announced plans to pursue a tax-free spin-off of its Merchant Solutions business to strengthen its strategic and operational focus, capitalize on growth opportunities and unlock shareholder value. The two companies expect to maintain a strong commercial relationship, preserving a
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Jumio Makes New Sales Leadership Appointments to Drive Growth
Jumio, a US-based provider of automated, end-to-end identity proofing, risk assessment and eKYC solutions, has appointed Jon Jones as the company’s new Senior Vice President of Worldwide Sales. With more than 25 years of experience in the fraud and identity
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