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Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The first month of Q3 is in the books, “Crypto Week” was declared in the US last week, and corporate earnings reports are dominating the conversation on Wall Street.

To start off the week of fintech news here on Finovate’s Fintech Rundown, we have word of new C-suite appointments, collaborations in payments and fraud prevention, as well as new solutions for identity protection.


Fraud prevention

Risk management company EverC announces collaboration with Amazon Web Services (AWS).

Appdome launches customer identity protection solution for mobile apps, IDAnchor.

Mastercard introduces A2A Protect in the UK to help defend consumers against account-to-account payment fraud.

Digital banking

Finovate Best of Show winner 10x Banking introduces new Chief Revenue Officer Tom Bentley.

Nubank appoints Ethan Eismann as its first Chief Design Officer.

Crypto

Blockchain startup Bitzero secures $25 million for its sustainable blockchain and HighPerformance Compute (HPC) data centers.

African paytech Peach Payments and South African crypto payments solution provider MoneyBadger team up to bring crypto payments to South African merchants.

Cyber risk management firm DynaRisk secures $4.7 million in funding.

FIS partners with Circle to unlock stablecoin money movement functionality for financial institution customers.

Payments

dLocal and RizRemit partner to enhance the cross-border remittance process across both Africa and Asia.

Deutsche Bank’s Merchant Solutions business to integrate Wero as a payments option.

Square launches data driven cash advances in the UK.

Lending

iBusiness Funding announces expanded collaboration with Intuit to expand SBA loan access through QuickBooks Capital.

Digital identity

authID launched its digital identity platform, Identity Exchange (IDX), in partnership with NEC Networks and System Integration Corporation.


Photo by Tunafish on Unsplash