Новости за 23.03.2021

Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com reported on Tuesday (March 23). A digital bank targeting small and medium-sized businesses (SMBs) in the Philippines, NextPay is earmarking the new funds to advance services for underbanked commercial enterprises […]

New York’s Department of Financial Services has found no evidence of lending discrimination in an investigation into Apple’s credit card, the state agency announced Tuesday. According to Reuters, the department launched its probe into The Apple Card and its underwriter Goldman Sachs last year — soon after the card launched — after software developer David […]

Regulators in China are considering limits on so-called “loan facilitation,” a potential set-back for internet lenders, The Wall Street Journal reported Tuesday. Loan facilitation refers to a system in which internet lending platforms assess borrowers before putting them together with lenders. In some cases, these lending platforms will help with risk management for outstanding loans, […]

It’s no great surprise that, given consumers’ stay-at-home lifestyles during the pandemic, avoiding contact wherever possible, many have sought out remote alternatives for their pre-COVID grocery habits. What may be more surprising, however, is the number of consumers who have not changed their habits at all, despite the dramatic increase in pickup and delivery options […]

In today’s top news in digital-first banking, Mexican neobank albo has integrated Acuant’s Trusted Identity Platform, while British FinTech Revolut has submitted its draft application for a U.S. banking license. Plus, bank loans continue to drop even with a rise in assets. Mexican Neobank albo Integrates Acuant’s Trusted Identity Platform albo has integrated Acuant’s Trusted […]

The business-to-business (B2B) payments firm AvidXchange is eyeing an initial public offering (IPO) that could give the North Carolina company a valuation topping $7 billion, Reuters reported on Tuesday (March 23), citing sources.  Backed by Mastercard and PayPal Co-founder Peter Thiel, AvidXchange has tapped Goldman Sachs, J.P. Morgan Chase, Bank of America and Barclays to prepare […]

Delivery company goPuff said today that it has raised $1.15 billion in new funding. With the new funding, goPuff will accelerate work on its strategic priorities — which include expanding “across the U.S. and internationally, introducing new product categories, and investing in top-tier talent and new technology” to better serve customers, a press release said. The […]

Over the last year, consumers have been well-trained to the idea that anything worth having can be ordered online and delivered to their door. Food, clothes, entertainment — name the object or activity, and there's a firm(s) that will find a way to either deliver it digitally or drop it on a consumer's doorstep. In […]

Dollar General, which operates the nation’s largest chain of 17,000 discount stores, announced on a call with analysts Thursday (March 18) that it intended to dramatically expand its fresh produce offerings, reported Grocery Dive. For the some time now, the company has been expanding further into the grocery space with its DG Fresh facilities, enabling further distribution […]

An ex-Wirecard executive informed prosecutors that the firm’s alleged fraud began over 10 years prior to its implosion, with some high-level managers starting to create a collection of overseas firms that were purportedly harnessed to divert millions, the Financial Times reported. Oliver Bellenhaus told Munich prosecutors that he formed many shell companies headquartered in the […]

ByteDance stepped further into the video game world this week, with its gaming arm, Nuverse, acquiring the Shanghai games maker Moontoon Technology. According to Reuters, the acquisition values Moonton at $4 billion. The deal comes as ByteDance — which owns TikTok and its Chinese counterpart, Douyin — is positioning itself as a competitor to the […]

Brazil-based startup Loft Holdings continues to rake in venture funding, as the digital revolution in real estate takes hold worldwide. Earlier this year (Jan. 3), Loft announced it had pulled in $175 million in funding. Today (March 23), The Wall Street Journal reported that Loft, headquartered in Sao Paulo, had raised an additional $425 million […]

The consumer review website Trustpilot surged as trading began on the London Stock Exchange (LSE) following the Dutch company’s initial public offering (IPO), Bloomberg reported. In early-morning London trading on Tuesday (March 23), Trustpilot’s stock traded at 295 pence, up 11 percent from the IPO’s price per share of 265 pence, which was the upper […]

Quadient has inked a definitive deal to purchase accounts payable (AP) automation technology company Beanworks, according to a Monday (March 22) announcement. “The acquisition of Beanworks completes Quadient’s software vision communicated in early 2019 to create a true end-to-end cloud-based global business communications platform,” Quadient CEO Geoffrey Godet said in the announcement. Vancouver, Canada-based Beanworks […]

U.K. insurers have paid out around 470 million pounds (about $652 million) in business claims to those affected by COVID-19, according to data from the Financial Conduct Authority (FCA). Insurers have released data on the progress of business interruption (BI) claims, and the aggregate value includes 2,030 unsettled claims totaling 192,084,302 pounds (about $266 million) in […]

Mastercard, IBM and SoftBank, among other companies, are asking the G7 to form a new group to help organize the way in which member states approach concepts such as artificial intelligence (AI), the Financial Times (FT) reported. The Data and Technology Forum would offer suggestions on how tech governance could be organized globally instead of […]

Starting in 2023, Amazon will be handing over somewhere in the neighborhood of a cool billion a year to the NFL for the exclusive rights to stream Thursday Night Football (TNF), according to CNBC. The contract, which will last a decade, marks the biggest sports deal made with a streaming service to date. The arrangement […]

Cloud-based trade finance digitization firm Bolero International has launched a Trade Finance Platform-as-a-Service (TPaaS) offering called Galileo TPaaS for Banks, which will be the first white-labeled, as-a-Service trade portal for the industry, according to a press release. The solution will work with the Bolero network in order to let trade clients execute transactions for all […]

While bank deposits continue to climb, lending in the U.S. by financial institutions (FIs) is lower than ever, as banks remain cautious about extending loans over fears of defaults, Bloomberg reported Monday (March 22), citing data from the Federal Reserve. Total loans and leases dropped to 62.8 percent of total bank deposits in the week […]

For the first time in 12 months, the number of Americans traveling by air has topped 1.5 million, according to figures released on Monday (March 22) by the U.S. Transportation Security Administration (TSA). According to the TSA's data, 1,543,115 travelers were screened in the U.S. on Sunday (March 21), compared to 548,132 on the same […]