General News

April 29, 2021 @ 8:28 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced on Thursday the launch of its digital and contactless banking platform for merchants, Merchant Stack. According to ICICI Bank, Merchant Stack provides a bouquet of banking solutions and value-added services in ‘one single place for the retailer eco-system. The main… Read More

April 29, 2021 @ 7:22 am By Omar Faridi  |  

London-based WorldRemit, a global cross-border payments firm, reveals that it has been recognized for having the “best app” for international money transfers. Investopedia has reportedly named WorldRemit as the ‘Best for International Transfers’ as part of its ‘Best Money Transfer Apps of 2021’ awards. The… Read More

April 28, 2021 @ 11:59 pm By Omar Faridi  |  

KingsCrowd, the online private market’s data-driven ratings and analytics platform, announced on Tuesday (April 27, 2021) the publication and availability of the KingsCrowd Regulation Crowdfunding 2018-2020 Intelligence Report. The KingsCrowd Regulation Crowdfunding 2018-2020 Intelligence Report reportedly covers more than 150 Regulation Crowdfunding (Reg CF) market… Read More

April 28, 2021 @ 10:27 pm By Omar Faridi  |  

Brent Xu, Head of Strategic Partnerships at Tendermint, Contributor to the Cosmos Network, Former ConsenSys & Whiteblock (and a bond trader before entering the decentralized finance and crypto space), recently revealed that he’s leaving Tendermint to start a new cross-chain DeFi project. Xu writes in… Read More

April 28, 2021 @ 9:44 pm By Omar Faridi  |  

EquityNet, the “pioneer” of business crowdfunding, revealed on Tuessday (April 27, 2021) that it’s introducing a new type of patented crowdfunding platform that “advances the state-of-the-art in the industry.” According to a release, the new platform technology offers “unique campaign promotion and communication abilities for… Read More

April 28, 2021 @ 3:11 pm By Samantha Hurst  |  

LendIt Fintech announced on Wednesday the launch of its inaugural dealmakers event, Fintech Nexus. The event is set to take place in Miami as a live event in September. LendIt describes Fintech Nexus as a dealmakers event that is an exclusive, invite-only partnering event for… Read More

April 28, 2021 @ 8:48 am By JD Alois  |  

A report distributed by Business Rescue Expert claims that defaults of Bounce Back Loan Scheme (BBLS) could cost HM Treasury up to £27 billion. BBLS is a key business support program launched by the UK government to help backstop the stumbling economy that was pummeled… Read More

April 27, 2021 @ 11:37 pm By Omar Faridi  |  

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

April 27, 2021 @ 10:51 pm By Omar Faridi  |  

SQA Consulting, the business and technology transformation and financial crime prevention (AML) software firm, working cooperatively with ABC TECH Group has launched a joint venture, called SQA Consulting SEE in Bosnia and Herzegovina. The new firm aims to create 75 UK-based jobs. The organization aims… Read More

April 27, 2021 @ 9:50 pm By Omar Faridi  |  

Branch, an Employer Payments Platform, and global card issuing platform Marqeta have shared the findings from a study on the work and payments “preferences” of gig workers. Surveying more than 1,000 workers who began engaging in gig and 1099 work during the past six months,… Read More

April 27, 2021 @ 8:42 am By Samantha Hurst  |  

  Global accelerator program Plug and Play announced on Tuesday the launch of its new office in Seoul, Korea. Plug and Play reported its Korea division will primarily focus on corporate innovation in the areas of Financial Services (Fintech, Insurtech, and Health) and Smart Cities (Mobility &… Read More

April 27, 2021 @ 6:59 am By Omar Faridi  |  

UK-based Blend Network, an online P2P lender, reveals that the average UK house prices “grew by 5.7% year-on-year in March.” Blend Network added in its latest property market report that activity has slowed down from December 2020’s 6-year high growth of 7.3% year-on-year. But price… Read More

April 26, 2021 @ 11:06 pm By Omar Faridi  |  

Uppsala Security, a provider of tools for Crypto AML, Risk Management, Regulatory Compliance, and Cybersecurity revealed on Monday (April 26, 2021) that with assistance from Bithumb, one of South Korea’s leading digital asset exchanges, it has helped a victim to “recover approximately 20 million KRW”… Read More

April 26, 2021 @ 6:51 pm By JD Alois  |  

Tesla (NASDAQ:TSLA) announced Q1 2021 earnings today that beat on both the top and bottom line. Included in the presentation deck was the fact that Tesla holds cryptocurrency, specifically Bitcoin as part of its treasury strategy. In the deck, Tesla states: “Quarter-end cash and cash… Read More

April 26, 2021 @ 3:41 pm By JD Alois  |  

This coming Friday, April 30, 2021, the Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee will meet to discuss improving access to capital for underserved markets. According to a note posted by the SEC, following its August 2020 meeting, the Committee presented… Read More

April 26, 2021 @ 7:32 am By Omar Faridi  |  

Multi-asset investment platform eToro revealed on April 26, 2021 that it has launched a new thematic portfolio, called BitcoinWorldWide. Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency. Dani Brinker, eToro’s head… Read More

April 26, 2021 @ 7:29 am By Omar Faridi  |  

Research from Aldermore bank suggests that there are some signs of recovery for SMEs, as they announce plans to make investments in their businesses in the coming year, a move that has come after the easing of nationwide lockdowns in the UK. SMEs intend to… Read More

April 24, 2021 @ 11:37 pm By Omar Faridi  |  

A recent research study has found that a lack of proper financial education has left consumers across the UK a bit confused with how to manage their funds. The study reveals that UK residents may be dealing with detrimental effects on their confidence, mental well-being… Read More

April 24, 2021 @ 9:27 pm By Omar Faridi  |  

The United Kingdom remains a popular destination for EU-based company founders, according to a blog post recently published by UK-based challenger bank Tide. Brexit might have “severed” the UK’s political ties to the continent, however, it does not appear to have negatively impacted the UK’s… Read More

April 24, 2021 @ 12:19 pm By Omar Faridi  |  

Last week, the US sanctioned several groups and individuals because of their alleged association with “disinformation” campaigns that were reportedly coordinated by the Russian government. Blockchain analysis firm Chainalysis points out that a few of the sanctioned utilized virtual currency in their “criminal endeavors,” and… Read More