Wednesday, May 22, 2024
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US Bank ties perks of high-end card to mobile payments

Banks have long believed that the key to sparking mobile payments is better incentives. Read more: www.americanbanker.com

Plastc goes belly up after swiping $9m from backers

Plastc is closing its doors after two failed funding rounds. Early this year, Plastc sought to raise additional capital to kickstart its launch and fulfill preorders. Read more: thenextweb.com

Using FinTech regulations might hamstring the big brands

Entrepreneurs often complain that federal regulations of the finance industry impede radical advances in technology. Venture capitalist Adam Boyden has a different take. Read more: www.benzinga.com

Better grabs $1.1m to prevent health insurance data errors

Health insurance startup Better has raised $1.1m in a seed funding round. Initialized Capital led the investment. Read more: www.fintechroundup.com

MortgageHippo bags $2.5m for white-labelled online platform

Mortgage tech provider to lenders MortgageHippo has secured $2.5m in a Seed round of funding. The investment comes from CMFG Ventures. Read more: www.fintechroundup.com

Factom pulls in additional funding to take Series A passed $8m

Blockchain-as-a-service company Factom has extended its Series A round to more than $8m. Peeli Ventures, Harvest Equity joined the extended round. Read more: www.fintechroundup.com

MasterCard adds fingerprint sensors to payment cards

MasterCard is testing out new fingerprint sensor-enabled payment cards to authorise your in-person transactions. Read more: www.engadget.com

Billtrust, CardConnect partner for Invoice Pay

Billtrust and CardConnect launch a partnership to support B2B payments made via cards, combining invoice-to-cash management with payment security. Read more: www.pymnts.com

Robo advisor Wealthfront launches line of credit

Robo-advisor pioneer Wealthfront must know that opposites attract: in this case, it’s saving and investing. Read more: finovate.com

Coinbase to launch an ethereum messaging app

Bitcoin exchange and wallet startup Coinbase revealed a new ethereum messaging product currently in testing today. Read more: www.coindesk.com

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