Tag: US

Crypto exchange Gemini has teamed up with open banking platform Plaid, with the aim of building better bridges between the traditional finance and crypto ecosystems.

Bento, which aims to transform the traditional dental insurance industry, has collected $8.1m in its Series A funding round.

The CEO of Titanium Blockchain Infrastructure Services (TBIS), Michael Alan Stollery, has pleaded guilty for his role in a cryptocurrency fraud scheme.

Halborn, a cybersecurity platform for traditional finance and blockchain-based companies, has completed a $90m funding round.

The Consumer Financial Protection Bureau (CFPB) has fined Bank of America $100m for allegedly botching the disbursement of state unemployment benefits at the height of the pandemic.

Equity management platform Pulley has closed its Series B round on $40m, as it launches free service to startups.

The US’ Office of the Comptroller of the Currency (OCC) has revealed plans to establish an Office of Financial Technology early in the new year.

The cost of fraud in the US has increased by between 6.7% and 9.9% compared with before the pandemic, LexisNexis Risk Solutions report claims.

oak9, a developer of infrastructure as code security software, has collected $8m in a funding round from Cisco Investments and Morgan Stanley’s Next Level Fund.

Tapcheck, which develops employee financial wellness and earned wage access services, has scored $20m in its Series A funding round.