Tag: New York

New York Fed, MAS link to explore wCBDCs for cross-border payments

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.

New York DFS issues regulatory guidance on stablecoins

New York State Department of Financial Services has issued new regulatory guidance on setting foundational criteria for USD-backed stablecoins.

New York-based lender Dwight Funding bags $100m credit facility

Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.

On-demand wage app DailyPay picks up $300m credit facility

DailyPay, an on-demand pay platform that helps employees get real-time access to wages, has received $300m in a revolving credit facility from Barclays.

New York launches FinTech development centre

The Federal Reserve Bank of New York has launched an innovation centre aimed at boosting FinTech developments for the central bank community.

Passwordless solution provider Beyond Identity closes its Series B just months...

Beyond Identity has secured $75m in Series B, just a matter months after it closed its Series A on $30m.

InsurTech NY opens application process for next accelerator

InsurTech NY has opened the application window for its new InsurTech accelerator programme, which will focus on growth-stage startup.

InsurTech NY to launch new InsurTech accelerator

InsurTech community InsurTech NY has announced plans to open a new accelerator for the industry.

Fenergo reveals new cloud-based onboarding and anti-money laundering solution

FinTech Fenergo has unveiled a new cloud-based remote account opening solution ahead of schedule in order to assist US small businesses in accessing PPP emergency loans.

SCVX reveals $200m IPO as it looks to acquire cybersecurity companies

SCVX, a blank check company, has revealed its initial public offering (IPO) which is being raised so it can acquisition and combination of cybersecurity companies.

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