Why is Valereum buying the Gibraltar Stock Exchange?

Why is Valereum buying the Gibraltar Stock Exchange?

Valereum, a Gibraltar-based holding company, announced that it is buying 90% of the Gibraltar Stock Exchange (GSX). Valereum looks to create the world’s first integrated fiat and digital exchange.

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TerraZero brings mortgages to the metaverse

TerraZero brings mortgages to the metaverse

On Saturday, Vancouver-based TerraZero completed a “metabase mortgage” transaction with a client buying virtual real estate. The “land” purchased was in Ethereum-based metaverse Decentraland.

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With two new tools, Intuit courts SMBs

With two new tools, Intuit courts SMBs

The first, QuickBooks Get Paid Upfront, lets small businesses apply for an advance up to $30,000 for qualifying invoices; the second, QuickBooks Early Pay, lets employees paid through QuickBooks Online Payroll access earnings between paydays.

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What’s Apple’s payments strategy?

What’s Apple’s payments strategy?

In the coming months, Apple will let iPhones accept credit cards without additional hardware. By turning its smartphones into POS systems, Apple is placing itself in direct competition with platforms like Square.

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Facing a volatile market, Robinhood touts reliability

Facing a volatile market, Robinhood touts reliability

In a Tuesday blog post marking a year since the GameStop stock controversy, Robinhood brushed past liability claims to emphasize measures that should prevent another trading halt.

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Is 2022 the year of the acquisition?

Is 2022 the year of the acquisition?

This week has seen large banks and other corporate giants acquire fintechs at a zealous pace. JPMorgan, UBS, and Walmart all announced major fintech deals.

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Expensify finds a gateway through CPAs

Expensify finds a gateway through CPAs

Expense-management giant Expensify announced the launch of a card exclusively for CPAs and accounting firms.

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Will NFTs shake up ad-driven platforms?

Will NFTs shake up ad-driven platforms?

YouTube CEO Susan Wojcicki announced that the video platform is looking into NFT features for its creators. The Google-owned company joins Twitter and Instagram in exploring services related to the crypto-based financial system.

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Can virtual cards alleviate supply-chain woes?

Can virtual cards alleviate supply-chain woes?

By letting small and midsize businesses (SMBs) issue instant cards to vendors, Mastercard looks to reduce payment cycle times to one day.

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In new report, Fed flirts with central bank digital currencies

In new report, Fed flirts with central bank digital currencies

Late last week, the Federal Reserve released a 40-page report on the potential creation of a digital U.S. dollar, inviting explicit policy guidance from the White House and Congress.

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Following Amazon’s lead, U.S. merchants tackle card fees

Following Amazon’s lead, U.S. merchants tackle card fees

In a letter to U.S. lawmakers this week, the Merchant Payments Coalition (MPC) expressed frustration at credit card companies’ high swipe fees.

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Through Miami-based Milo, “crypto-mortgages” get a second life

Through Miami-based Milo, “crypto-mortgages” get a second life

Milo is launching what it calls the world’s full-fledged “crypto-mortgage” service, which lets customers purchase real estate in the U.S. through bitcoin.

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300 community banks to offer bitcoin trading

300 community banks to offer bitcoin trading

Through a partnership with crypto custody firm NYDIG, a group of 300 community banks will let customers trade bitcoin on their mobile banking apps.

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What’s behind JPMorgan’s fintech fight?

What’s behind JPMorgan’s fintech fight?

In its earnings call on Friday, JPMorgan announced that it will spend $1B per month in 2022 to move its operations to the cloud.

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Are delivery apps becoming banks?

Are delivery apps becoming banks?

German food-delivery platform Delivery Hero announced plans to offer buy-now-pay-later services to its customers. The company also said that it may provide financing to vendors through partnerships with banks.

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