PYMNTS

SEPTEMBER 28, 2016

Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. can continue to secure its stance as the global leader of ingenuity.”. Jared Polis (D-CO) and Rep.

Startups 74

Startups Currencies Education Banking 74

PYMNTS

SEPTEMBER 27, 2019

Crypto startup RSK will buy Spanish social media network Taringa in a bid to expand and to gain access to the platform’s 20 million users, according to a report by Forbes. RSK, a subsidiary of IOVLabs, is self-described as the “first open-source, smart contract platform secured by the bitcoin network.”.

Startups 69

Startups Currencies Economics Securities 69

PYMNTS

AUGUST 14, 2020

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

Currencies 107

Currencies Startups Economics Accounting 107

PYMNTS

FEBRUARY 6, 2020

Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Hester Peirce, a financial regulator at the U.S.

Securities 72

Securities Sales Startups Planning 72

PYMNTS

OCTOBER 18, 2018

According to Reuters last month, “only a handful” of the 250 banks in Switzerland are able to provide deposit services to the estimated 530 blockchain startups based in Switzerland’s Crypto Valley. At the same time, some traditional FIs are exploring how to work with cryptocurrencies in addition to fiat currency.

Banking 85

Banking Planning Currencies Startups 85

PYMNTS

FEBRUARY 11, 2019

Ripple reportedly offered bonuses via its digital currency during its recruiting process, according to CoinDesk. In other news, tech companies are hiring employees from blockchain startups amid declines in the crypto market, CNBC reported. for the determination of securities is the Howey test. The price of XRP was about $.30

Startups 55

Startups Currencies Securities Marketing 55

PYMNTS

MARCH 22, 2019

Singapore-based FinTech startup InstaReM , which enables banks and consumers to send money across borders , announced a partnership with First Data to assist businesses that issue corporate credit cards. Ripple participated as well, and has partnered with InstaReM to enable the startup to send payments around the world. million.

Currencies 83

Currencies Startups Securities Banking 83

CFO News Room

NOVEMBER 19, 2022

Srinivasan has co-founded three startups that were acquired. To those who have been in the startup societies’ space for decades, the dynamics of exit and voice are nothing new. Balaji Srinivasan has become startup societies’ most outspoken champion, a rogue intellectual spreading the gospel of competitive governance. Creativity.

Startups 130

Startups Currencies Technology Communication 130

CFO News Room

FEBRUARY 5, 2022

The rebound in equity markets, however, failed to push the rupee up as the local currency lost 18 paise against the greenback to close at 74.80. Dhiraj Relli, MD & CEO, HDFC Securities, said, “The Budget is growth-inducing and does the heavy lifting by sharply increasing capital expenditure.

Budgeting 130

Budgeting Marketing Benchmarking Manufacturing 130

PYMNTS

SEPTEMBER 29, 2017

Through its Platform Payouts product, PingPong aims to reduce both the time and costs for Chinese internet sellers to receive international payments from eCommerce platforms in their local currency. Among Chinese financial services firms establishing a presence in the EU, PingPong stands out as the only startup.

Securities 51

Securities eCommerce Compliance Startups 51

PYMNTS

FEBRUARY 9, 2018

In 2017, cryptocurrency startups raised $5.6 billion through ICOs (initial coin offerings, a fundraising strategy by which creators of digital coins and tokens like bitcoin and Ethereum sell their tokens to investors in order to fund the currency’s launch). Again, once the security kinks get ironed out.

Securities 56

Securities Currencies Communication Startups 56

PYMNTS

OCTOBER 4, 2019

Andreessen Horowitz announced that it is launching its own crypto startup school “to encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.”. In other news, security researchers have discovered a new botnet that can empty crypto wallets.

Startups 46

Startups Currencies Banking Securities 46

PYMNTS

NOVEMBER 12, 2018

According to Coindesk , Manuel Quevedo, the country’s minister of petroleum and the president of state-owned oil company PDVSA, revealed that Venezuela will take petro to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, as the “main digital currency backed by oil.”.

Marketing 71

Marketing Currencies Startups Education 71

PYMNTS

MAY 23, 2019

There is some very big news for early investors in Block.one : The cryptocurrency startup will return as much as 6,567 percent in less than three years. attorney’s office in San Francisco, according to the transcript from a civil Securities & Exchange Commission (SEC) case obtained by CNBC. That is $6.6

Startups 53

Startups Currencies Securities Sales 53

Global Finance

JUNE 4, 2024

The latest such episode started in 2019 with the ongoing debt crisis, followed by a currency collapse and, in 2022, the fall of the scandal-ridden government of Rajapaksa. Security risk: Risk of terrorist attacks, intercommunal and religious tensions, violent crime, petty crime and credit card fraud. Each time, it has bounced back.

Economics 105

Economics Currencies Restructuring Foreign Exchange 105

PYMNTS

JUNE 25, 2020

The New York State Department of Financial Services (DFS) has proposed a conditional licensing framework that promises to make it easier for cryptocurrency startups. California Seeks Court Order To Make Uber, Lyft Drivers Employees. Morgan: Treasurers Are Critical To Helping Firms Plan For Business Resiliency.

Currencies 99

Currencies Banking Startups Securities 99

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. The company secured the funding from an unnamed angel investor, reports said. million in new funding for U.K.-based

B2B 91

B2B Banking Foreign Exchange Startups 91

PYMNTS

MARCH 23, 2016

For the second time this week, a blockchain startup has secured funding from venture capitalists. The startup had already launched a venture to facilitate microfinancing in partnership with the World Bank across Latin America. The company was created by RSK Labs, the official recipient of the financing.

Startups 40

Startups Banking Currencies Compliance 40

PYMNTS

JANUARY 31, 2018

January is a month of New Year’s resolutions for the masses, and it was no different for these startups, many of which have launched or announced new ventures and expansions in the new year. First, it’s a global variable (whereas identifiers like the Social Security number are more localized). Jewel Paymentech.

Startups 46

Startups Currencies Auditing Banking 46

PYMNTS

JANUARY 19, 2018

The government] is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law,” a representative noted. Separately, Bank of Korea Governor Lee Ju-yeol told a news conference that “cryptocurrency is not a legal currency and is not being used as such as of now.”.

Startups 49

Startups Currencies Banking Accounting 49

PYMNTS

MAY 29, 2020

Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities, according to a press release.

Startups 52

Startups Currencies Securities Marketing 52

PYMNTS

OCTOBER 8, 2018

In Venezuela, citizens reportedly now need to use the country’s new Petro digital currency to pay for passports, Coindesk reported. A new passport will now come at the cost of two Petros, which is equivalent to 7,200 of the country’s bolivar currency. Once it is a financial instrument it comes under a whole regulatory framework.”.

Currencies 70

Currencies Securities Startups Planning 70

PYMNTS

APRIL 28, 2020

British startup Checkout.com is the first payments firm to join Facebook’s Libra Association after Visa, Mastercard and Stripe exited the program in October. “In The Libra Association recently overhauled the project and said it would launch several stablecoins, each linked to a country’s currency.

Currencies 72

Currencies Communication Startups eCommerce 72

PYMNTS

SEPTEMBER 15, 2016

But the reality, other analysts say, is that Q2 represents just a temporary blip in a stellar year for FinTech startups. While Sapphire doesn’t focus solely on FinTech startups, it is a hot area for the firm, according to Dave Hartwig, managing director at Sapphire Ventures. According to KPMG, $4.9

SAP 74

SAP Startups B2B Investments 74

PYMNTS

DECEMBER 20, 2019

The new feature is called “Curve Send,” and it will allow for a person to send from any linked bank account to other people in over 25 different currencies. Now they have one simple, smart platform which can move money from any account to any account, securely and fee free.”.

Startups 52

Startups Currencies Banking Accounting 52

PYMNTS

MARCH 22, 2016

Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses using blockchain are doing so within the confines of the law. and secured $2 million in funding in 2014. The company is based in the U.K.

Startups 40

Startups Compliance Currencies Securities 40

PYMNTS

JULY 10, 2019

In its second known investment in a cryptocurrency startup, Visa has reportedly invested millions in the crypto storage company Anchorage. The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported.

Investments 63

Investments Currencies Nonprofit Startups 63

PYMNTS

MAY 1, 2017

But off the trading floors, the news cycle carried its own pace as Walmart made cash cheaper to send, bitcoin and the blockchain got a series of thumbs down from bankers around the world and startups started feeling the burn. prohibits banks it transacts with from dealing with virtual-currency exchanges, for example. Investment in U.S.

Startups 46

Startups Banking Currencies Investments 46

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. Recent research by the startup and Gatepoint Research showed that nearly half of organizations still validate tax forms manually, while 30 percent aren’t validating them at all. That’s what he said the startup aimed to create in its mobile tool for corporate deposits.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

MARCH 19, 2019

InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders , raised $41 million in venture funding. According to a report in TechCrunch , the four-year-old startup raised the money in a Series C round of funding. To date, the startup has raised $59.5 million, according to the report.

Foreign Exchange 64

Foreign Exchange Startups Currencies Banking 64

PYMNTS

OCTOBER 20, 2017

By combining Mastercard blockchain technology with our settlement network and associated network rules, we have created a solution that is safe, secure, auditable and easy to scale,” said Ken Moore, EVP, Mastercard Labs. The purpose of the Alliance is to develop applications for the cryptocurrency Ethereum’s blockchain.

B2B 84

B2B Auditing Currencies Startups 84

PYMNTS

SEPTEMBER 30, 2016

The regulatory framework for bitcoin is a mess in Mexico, as it is in most countries, but Bitso, a bitcoin exchange startup, sees a future in Mexico and Latin America. ” Bitso was founded in 2014, and the startup has just raised $2.5 can continue to secure its stance as the global leader of ingenuity.”. Harsh words.

Currencies 82

Currencies Startups Banking Technology 82

PYMNTS

FEBRUARY 21, 2020

With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. Corporate card startup Ramp announced the debut of its product this week, alongside its $25 million funding round led by Founders Fund’s Keith Rabois, as reported by Pulse 2.0.

B2B 72

B2B Startups eCommerce Investments 72

PYMNTS

DECEMBER 17, 2020

Global payments platform Adyen is teaming up with the vertical payments startup Flywire to support the expansion of payments and receivables around the globe. Flywire’s customers are predominantly in the healthcare and travel industries and will benefit from Adyen’s extensive international reach and support of numerous currencies.

Healthcare 72

Healthcare Currencies Risk Management Startups 72

PYMNTS

MAY 7, 2020

Those firms are spread across five categories, all aimed at bridging different parts of the digital divide for consumers and merchants: enablement partners, female-founded FinTechs, digital currency wallets, consumer-centric and business-to-business (B2B) solutions providers. The New Ecosystem.

Currencies 95

Currencies Startups Education B2B 95

PYMNTS

AUGUST 17, 2017

The Securities and Exchange Commission is getting into the bitcoin market, saying it will regulate the popular digital currency and other cryptocurrencies. According to a report in Seeking Alpha , the SEC said the cryptocurrencies are subject to federal securities laws.

Sales 58

Sales Currencies Securities Startups 58

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. Recent research by the startup and Gatepoint Research showed that nearly half of orgs still validate tax forms manually, while 30 percent aren’t validating them at all. That’s what he said the startup aimed to create in its mobile tool for corporate deposits. Chargehound.

Startups 40

Startups Compliance Accounts Payable Invoicing 40