North America - Next Money

Payactiv’s Earned Wage Access Program exempt from federal lending law

The Earned Wage Access (EWA) Program from US-based Payactiv is not credit and therefore is exempt from the federal Truth in Lending Act (TILA) and Regulation Z rules governing creditors. …

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1 min

Current gets the nod

New York based US challenger bank Current is the first fintech in the country to receive the second round of government stimulus payments. Current serves Americans overlooked by the traditional…

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2 min

Paxos raises $142m in series C round

Paxos, the first regulated blockchain infrastructure platform, has closed a $142m Series C round of funding. Declaration Partners, the investment firm backed by the family office of David M Rubenstein,…

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1 min

US wine Mastercard dishes out the bonuses

Users of the US based Grand Reserve World Mastercard will now earn three times bonus points on purchases from any restaurant or bar, including take-out and delivery, when using their…

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2 min

Railsbank to emulate Apple’s iTunes as its announces Industry step change

Railsbank hopes to do for the financial services industry what Apple’s iTunes did for the music industry. At the recent Singapore Fintech Festival the company, which has its Asian hub…

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1 min

Thinking Capital acquires leading fintech platform

The Montreal based Thinking Capital, one Canada’s leading digital lender to small businesses, has acquired Ario, a leading-edge finance-as-a-service technology platform. Thinking Capital said the deal will mean that it…

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