Transfast offering weekly free flights to Nigeria
Global funds transfer company Transfast is partnering with West Africa’s largest airline to offer one free trip to Nigeria each week to a Transfast customer. Customers in the United States and Canada...
View ArticleBitcoin’s governance model? Bickering and inaction with misaligned incentives
Bitcoin – the innovative digital currency – has stirred the entire world of finance into action, from banking to payments. Tremendous research is now expended by the finance industry on how the...
View ArticleOnline retail credit card fraud spikes over busy weekend
Results of research published by iovation, a provider of device intelligence for authentication and fraud prevention, show online retail credit card fraud jumps by 20 percent over the post-Thanksgiving...
View ArticleShift of focus in alt-fi to retailer-investor thrilling: Albright
Awareness of alternative funding and finance strategies has consolidated in the early adopters and the time has come to generate awareness within a much larger crowd. One person working to do that is...
View ArticleChanging millennial banking habits come with caveats: Bain & Co. report
For all the talk about mobile migration in banking, banks have plenty of work ahead if they wish to see the maximum potential cost savings offered by digital banking, a new report from Bain and Company...
View ArticlePeerIQ and TransUnion partner with transparency in mind
Marketplace lending data and analytics provider PeerIQ has teamed with TransUnion in an effort to bring transparency to the alt-fi sector. They will build data and derived analytics solutions along...
View ArticleSociete Generale to provide Smartkarma clients with equity research
A new partnership between Societe Generale and Smartkarma, a curated online platform for Asian-focused investment insights, will see the former provide the latter’s clients with access to new equity...
View ArticleBarbara Corcoran announces OnDeck contest winners
Online small business lender OnDeck and Barbara Corcoran have announced the three winners of the 2016 OnDeck Seal of Approval contest. Each receives $10,000 and a personal coaching session from Ms....
View ArticleCoinsource adds 11 new Bitcoin ATMs in Texas
They say everything’s bigger in Texas and that includes the number of Coinsource‘s Bitcoin ATMs in the Lone Star State after the national Bitcoin ATM network added 11 more machines. Texas recently...
View ArticleMoneyLion celebrating $22.5M Series A
Mobile personal finance platform MoneyLion has secured the completion of a $22.5 million Series A funding round, which, when combined with $650 million in existing debt facilities, will be directed to...
View ArticleWorldRemit and GTBank announce African money transfer routes
Digital money transfer service WorldRemit and Africa’s Guaranty Trust Bank have introduced new money transfer routes to West and Central Africa. Customers can now complete money transfers to Benin,...
View ArticleOnDeck announces new credit facility
Online lender for small businesses OnDeck has closed a $200-million asset-backed revolving debt facility with Credit Suisse. OnDeck may access $125 million of committed capacity, with the remaining $75...
View ArticleMoneyOnMobile confirms $1.5M credit facility
Indian mobile payment platform MoneyOnMobile has received a new INR 100 million credit facility (approximately $1.5M) from YES BANK. It comes with an aggregate annual interest rate of 11.6 percent and...
View ArticleBitGive launches real-time donation-tracking system
Bitcoin non-profit BitGive has launched GiveTrack, a blockchain-based donation platform designed to transfer, track, and provide a permanent record of the route of global financial transactions. Connie...
View ArticleLendio survey results point to retailer optimism
An overwhelming majority of small business owners are continuing their optimism past Thanksgiving and onto the holiday season, according to a new survey released by Lendio. Eighty-seven percent of...
View ArticleWunder CEO delivers in-depth review of 2016
As we approach the end of 2016, the Wunder team finds itself reflecting on the last year and the one ahead, as a team typically does. We have a lot to celebrate, more on that ahead, but most of our...
View ArticleEven Financial surpasses $1.5B mark
The latest numbers released by Even Financial point to a successful 2016 for the online finance platform. Thanks to 205 percent quarter-over-quarter loan origination growth, the company has surpassed...
View ArticleMainstreet Investment touts upcoming sale
Mainstreet Investment LP has released details of its token sale planned for January. Mainstreet Investments LP is a Cayman Island limited partnership issuing a digital token security backed by real...
View ArticleCoverWallet brings small business insurance into the 21st century
Of all of the areas of finance, insurance may be one of the slowest to adapt to the digital age. CoverWallet aims to change that, Rashmi Melgiri said. Ms. Melgiri is the cofounder and COO of the...
View ArticleWorldRemit, Xpress Money to offer instant money transfers in Pakistan
Money transfer companies WorldRemit and Xpress Money now offer remittance routes in Pakistan. WorldRemit customers can make instant money transfers which can be picked up in cash at more than 9,500...
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