November 19, 2023 @ 11:04 pm By Omar Faridi  |  

AMP will be launching a digital bank division built specifically “for the transaction needs of sole traders and small business.” AMP will work with Engine by Starling, the SaaS subsidiary of UK digital bank, Starling Bank Limited, allowing it to leverage: Starling’s ‘Engine’ technology platform,… Read More

November 19, 2023 @ 9:39 pm By Omar Faridi  |  

Morpho, a decentralized lending protocol, has joined the Ledger Live app, enabling users to access optimized crypto lending and borrowing rates through Ledger’s secure ecosystem. Morpho is a peer-to-peer layer built “on top of lending pools like Compound or Aave, designed to improve the capital… Read More

November 19, 2023 @ 8:24 pm By Omar Faridi  |  

Dapper Labs announced the upcoming launch of Disney Pinnacle, an all-new socially driven collectible experience that brings the magic of pin collecting to the digital age. Disney Pinnacle will aim to “bring together characters from 100 years of Disney, along with beloved icons from Pixar… Read More

November 19, 2023 @ 8:17 pm By Tony Zerucha  |  

Refine Intelligence launched earlier this month with a $13 million seed funding round led by Glilot Capital Partners and Fin Capital with participation from SYN Ventures, Valley Ventures and other investors including Ground Up Ventures. The firm describes itself as “greenflagging” legitimate customer behavior by… Read More

November 19, 2023 @ 7:25 pm By Omar Faridi  |  

BankSocial, in collaboration with industry partners and advisors, announces the proposed DEFY Federal Credit Union — the first digital native, self-custody credit union powered by distributed ledger technology and the ethos of credit unions. Based in Texas and powered by BankSocial open banking features, the… Read More

November 19, 2023 @ 7:16 pm By Omar Faridi  |  

Rex Salisbury, partner on the Fintech team at VC firm Andreessen Horowitz (A16Z) and founder of Cambrian, a community at the “white-hot center” of Fintech, says that in the next 15 years, Fintechs could potentially capture more than 50% of financial services revenue. According to… Read More

November 19, 2023 @ 5:18 pm By Michael Wong  |  

Green fintech has become a promising new growth area in Southeast Asia, with green fintech firms bringing innovative solutions to help businesses and governments address challenges and opportunities of going green. This insight was part of the report – Fintech in ASEAN 2023: Seeding the… Read More

November 19, 2023 @ 5:14 pm By Omar Faridi  |  

Nexo, the institution for digital assets, is advancing in cloud infrastructure security with the attainment of the Cloud Security Alliance’s Security, Trust & Assurance Registry (STAR) Level 1 Certification. Following the recent successful completion of the prestigious SOC 2 Type 2 audit and the 2019… Read More

November 19, 2023 @ 4:33 pm By Omar Faridi  |  

Earlier this month, crypto exchange Poloniex was hacked. At the time of the hack, there was not enough information available to determine the real extent of the damage caused by the security breach. However, the team at Certik has now provided a detailed analysis of… Read More

November 19, 2023 @ 4:04 pm By Omar Faridi  |  

Visa Inc. (NYSE: V) revealed its Holiday Edition Threats Report, which anticipates heightened scam activity during the holiday season “across both card-present (CP) and card-not-present (CNP) transactions.” The new report identifies popular fraud tactics “expected between November 2023 and January 2024 due to the rapid… Read More

November 19, 2023 @ 3:44 pm By Omar Faridi  |  

Animoca Brands, Amazon Web Services (AWS), and Polygon Labs announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and solutions through Animoca Brands’ flagship project Mocaverse. MoonRealm Express Accelerator is “an accelerator program… Read More

November 19, 2023 @ 3:39 pm By Michael Wong  |  

Australia and the Philippines have agreed to cooperate in promoting trade and investment within the financial technology (fintech) sector, marking a major step towards enhancing the technological collaboration between the two nations. The memorandum of understanding that formalises the partnership was signed by FinTech Alliance.ph… Read More

November 19, 2023 @ 3:21 pm By Omar Faridi  |  

Research released by Tink, the firm focused on open banking, uncovers that investment pots have proved to be a financial ‘safety net’ for armchair investors during challenging economic times. This suggests a shift in investing behaviors “from long-term ‘set and forget’ portfolios, to needing instant… Read More

November 19, 2023 @ 2:58 pm By Michael Wong  |  

India has trained over 3,000 personnel from various cybercrime and police departments to bolster their capabilities in tackling cryptocurrency-related crimes. According to the Ministry of Home Affairs (MHA)’s annual report, India provided specialized training in cryptocurrency forensics and investigations during the financial year 2022-2023. A… Read More

November 19, 2023 @ 2:45 pm By Omar Faridi  |  

Bordier & Cie (Singapore) is Sygnum Singapore’s first B2B client since the latter received its MAS Major Payment Institutions license in October 2023 and launched its regulated Digital Payment Token (DPT) brokerage service. Globally, Sygnum has enabled “the 15+ banks and international financial institutions on… Read More

November 19, 2023 @ 2:43 pm By Michael Wong  |  

Jordan Ahli Bank, a Jordanian financial institution with over six decades of banking experience, has announced its full compliance with the country’s Open Banking and Open Finance regulations. The bank said it has partnered with Open Banking and financial innovation firm Fintech Galaxy to boost… Read More

November 19, 2023 @ 2:15 pm By Omar Faridi  |  

Foodics, the restaurant management and payment solutions in MENA, announced its collaboration with Suplyd in Egypt, the digital supply chain management and procurement platform. This partnership offers a comprehensive supply chain management solution to restaurants in Egypt, making it easier “for restaurant owners to manage… Read More

November 19, 2023 @ 2:09 pm By Michael Wong  |  

Ant International, Grab, and StraitsX have announced a collaborative effort to explore the potential application of Purpose Bound Money (PBM) in cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be used and first introduced by MAS… Read More

November 19, 2023 @ 12:57 pm By Omar Faridi  |  

At the XI Congress of Financiers of Kazakhstan, a new central bank digital currency (CBDC)-linked debit card – the Digital Tenge Card – was presented. As a part of the 30th anniversary celebration of the national currency, the first payment transaction was “made at the… Read More

November 19, 2023 @ 11:18 am By Tony Zerucha  |  

The American Fintech Council (AFC), the industry association representing responsible fintech companies and innovative banks and credit unions, has announced a strategic partnership with Alloy Labs, a consortium of community and mid-size banks that drive innovation, develop best practices and build benchmarks and tools for… Read More