April 19, 2024 @ 9:12 am By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced the appointment of Manoj Narender Madnani as Managing Director for the EMEA Region, where… Read More

April 19, 2024 @ 6:45 am By Omar Faridi  |  

UK-based Fintech Wise (LSE:WISE) has shared key updates from January-March 2024. The Wise Q1 2024 update has released important highlights for the Fintech platform. Here’s a few highlights: Wise says it helped customers “save an estimated £447,518, 882 in Q1.” Wise further claims that it… Read More

April 19, 2024 @ 6:44 am By Omar Faridi  |  

British Patient Capital has reportedly made a £7m investment in Wagestream – a financial benefits provider – as part of a £17.5m funding round. The investment was alongside other co-investors “including Lombard Odier Investment Managers and existing investor, Northzone.” With investment from social impact funds… Read More

April 19, 2024 @ 6:42 am By Omar Faridi  |  

DNA Payments has recently announced a key partnership in order to provide online retailers with high-performance, simple, unified payments by integrating DNA Payments’ acquiring and checkout solution with their E-commerce platform. DNA Payments’ feature-rich, customizable website checkout pages “offer easy integration with full technical support… Read More

April 18, 2024 @ 11:55 pm By Omar Faridi  |  

HighRadius, the provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, announced the launch of their B2B payments platform to improve payment processes across 100+ payment methods globally. The comprehensive B2B payments platform “encompasses a trio of essential products: Payment Gateway, Surcharge Management, and… Read More

April 18, 2024 @ 11:30 pm By Omar Faridi  |  

iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the launch of iCapital Marketplace, a one-stop-shop connecting wealth managers and advisors “with a broad menu of alternative investment opportunities across private equity, private debt, infrastructure, real assets and… Read More

April 18, 2024 @ 11:28 pm By Omar Faridi  |  

Rene Siegl, Founder, Executive Chairman at IXOPAY, says that he’s pleased to share that IXOPAY and TokenEx are merging, beginning a new era in the optimization of global payment systems. According to Siegl, this merger combines IXOPAY’s payment orchestration solutions with TokenEx’s specialization in “the… Read More

April 18, 2024 @ 11:28 pm By Omar Faridi  |  

Varys Capital has partnered with FundRock Investment Management Services (ME) Ltd, a fund management company, licensed by the FSRA, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited in the Abu Dhabi Global Market (ADGM). The feeder fund will invest its assets into a… Read More

April 18, 2024 @ 11:27 pm By Omar Faridi  |  

Abra, a global platform for digital asset prime services and wealth management, today announced the launch of its integrated offering for institutions, Abra Prime, and private clients, Abra Private, following approval from the SEC for its subsidiary, Abra Capital Management LP (ACM), to operate as… Read More

April 18, 2024 @ 11:26 pm By Omar Faridi  |  

When it comes to buying investment properties millennials are not only the most active generation, but many are happy to go it alone, new data from CommBank has found. According to the data, 46 per cent of the banking institution’s new property investors in 2023… Read More

April 18, 2024 @ 11:21 pm By JD Alois  |  

All of the Republicans on the Senate Banking Committee, as well as Democrat Senator Joe Manchin, have signed onto a Congressional Review Act (CRA) resolution to overturn the SEC’s recent decision to introduce Climate Disclosure rules. These new rules are part of the ESG initiative at… Read More

April 18, 2024 @ 7:13 pm By Omar Faridi  |  

After a strong 2023 Q4, the total crypto market cap continued rallying by +64.5% in 2024 Q1, reaching a high of $2.9 trillion on March 13, 2024, the team at CoinGecko noted in a new research report. CoinGecko has explained that in absolute terms, “the… Read More

April 18, 2024 @ 7:12 pm By Omar Faridi  |  

BitGo announced the launch of BitGo Ventures, BitGo’s investment arm dedicated to seeking out and fostering partnerships with FinTech infrastructure companies and blockchain projects around the world. BitGo Ventures will invest in startups “that are building secure, scalable, and digital-native financial infrastructure solutions while prioritizing… Read More

April 18, 2024 @ 7:10 pm By Omar Faridi  |  

Interac Corp. announced it has entered into a strategic transaction to acquire the exclusive Canadian rights to use Toronto-based Vouchr Ltd.‘s engagement platform which enables users to send and receive personalized multi-media notifications along with their money transfers. With this strategic transaction, Interac intends to… Read More

April 18, 2024 @ 7:09 pm By Omar Faridi  |  

Finix, the payment processor enabling businesses to accept and send payments, launched its Merchant Underwriting solution to automate underwriting workflows and streamline merchant onboarding processes. Finix’s solution collects and verifies necessary information “via pre-built brandable forms to empower businesses to onboard more merchants faster while… Read More

April 18, 2024 @ 6:32 pm By Omar Faridi  |  

Tether, which claims to be among the largest companies in the digital assets industry, and Fuze, a digital assets infrastructure provider with offices in Abu Dhabi, Dubai, and Istanbul, have signed a Memorandum of Understanding (MoU) in order “to establish the terms of a collaboration… Read More

April 18, 2024 @ 5:34 pm By Omar Faridi  |  

Circle marked a significant compliance milestone this month by completing a System and Organization Controls (SOC) 2 Type 2 security audit under standards established by the American Institute of Certified Public Accountants (AICPA). The SOC 2 Type 2 is a rigorous examination “conducted by an… Read More

April 18, 2024 @ 12:54 pm By Omar Faridi  |  

Percipience, an insurtech data and analytics software provider, is pleased to announce an implementation of Data Magnifier was delivered successfully by a small, blended team of Ascot Group Limited and Percipience resources on-time and under budget. Ascot is one of the specialty risk assumption organizations…. Read More

April 18, 2024 @ 12:52 pm By Omar Faridi  |  

Failed cryptocurrency lending firm Genesis will reportedly be returning 97% of crypto-assets from a customer program with digital asset platform Gemini by May of this year. This update has been shared after a New York based bankruptcy Judge stated on Tuesday that they have approved… Read More

April 18, 2024 @ 11:20 am By JD Alois  |  

Vanderbilt University Professor Joshua T. White, a former SEC economist at the Division of Economic and Risk Analysis (DERA), did a highly effective job of critiquing the SEC’s new climate disclosure rules during a hearing of the House Financial Services Committee. The new type of… Read More