December 27, 2023 @ 9:17 pm By Omar Faridi  |  

Granted and SKALE Network are partnering to provide opportunities for applications across web3 to find funding and a blockchain home to thrive on. Granted was established to “provide strategic grant funding for the Web3 ecosystem.” Their expertise lies in “offering expedited and preferred application processing… Read More

December 27, 2023 @ 8:16 pm By Omar Faridi  |  

Research published by Commonwealth Bank (CBA) shows “the majority of Aussies will set a money-based New Year’s resolution in 2024.” According to the latest CommBank research, 76 per cent of Australians “will make at least one financial resolution as they dive into 2024.” Almost one… Read More

December 27, 2023 @ 7:23 pm By Omar Faridi  |  

The Financial Services Regulatory Authority (FSRA) has announced revisions to its Anti-Money Laundering and Sanctions Rules and Guidance (the AML Rulebook). The FSRA has made revisions that “clarify the requirements that previously appeared in the AML Rulebook, reflecting the federal regulatory framework the UAE has… Read More

December 27, 2023 @ 7:16 pm By Omar Faridi  |  

Payble, a provider of payments workflow and customer engagement software, announced it has closed a $3.5 million funding round led by OIF Ventures. The new funding will be used “to continue to capitalize on strong demand for Payble’s citizen-centric payment solution in its beachhead segment… Read More

December 27, 2023 @ 7:14 pm By Michael Wong  |  

Corporate payments startup EnKash has achieved a significant milestone by securing regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator under the brand name “Olympus”. This approval marks a pivotal moment for EnKash, reinforcing its commitment to compliance and… Read More

December 27, 2023 @ 5:21 pm By Omar Faridi  |  

EOS Labs and EOS Network Foundation (ENF), which claim to be “stewards” of the EOS Network, are pleased to announce a strategic partnership with the EOS Stable Coin Chain (ESCC), an Ethereum-based blockchain deployed as “a smart contract on the EOS Network using a customized… Read More

December 27, 2023 @ 5:16 pm By Omar Faridi  |  

At Payments Canada they aim to dedicate resources to the delivery, operation and governance of payment systems that are innovative, secure and globally connected. As the fourth quarter of 2023 is quickly coming to a close, Tracey Black, the President and CEO at Payments Canada,… Read More

December 27, 2023 @ 2:17 pm By JD Alois  |  

Dalmore Group is a newer entry into the online capital formation world. A broker-dealer that specializes in exempt securities offerings, Dalmore leverages technology to help companies raise the money they need while allowing the company to maintain all of the data affiliated with the investment… Read More

December 27, 2023 @ 1:01 pm By Omar Faridi  |  

A significant uplift in global growth is “unlikely” in 2024 with “no short-term end in sight to geopolitical uncertainty and tight monetary policies,” according to the latest KPMG Global Economic Outlook. Produced by leading economists from KPMG member firms around the world, this year’s report… Read More

December 27, 2023 @ 12:50 pm By Omar Faridi  |  

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

December 27, 2023 @ 11:06 am By JD Alois  |  

Last November, OurCrowd announced the creation of the Israel Resilience Fund – launched following the terrorist attacks by Hamas. Israel is a top center of innovation and entrepreneurship, and OurCrowd is one of the leading investors in early-stage firms in Israel. The attacks upended the… Read More

December 27, 2023 @ 10:22 am By JD Alois  |  

SyndicateRoom, once an investment crowdfunding platform and now an early-stage fund offering, has distributed a note on its Access EIS fund and its activity during 2023. SyndicateRoom’s fund has been labeled as one of the most active early-stage funds in the UK. The fund is… Read More

December 27, 2023 @ 9:51 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has kicked off a public consultation on the issuance of stablecoins. Stablecoins are digital assets that are referenced to other assets. Typically affiliated with fiat currency, stablecoins may also be paired with other assets such as gold. Today, most… Read More

December 27, 2023 @ 9:22 am By Omar Faridi  |  

Chancellor Jeremy Hunt has (21 December) signed the Berne Financial Services Agreement, a pact on financial services cooperation, with his Swiss counterpart Karin Keller-Sutter. The agreement sets sectors where the UK and Switzerland will “mutually recognize each other’s domestic laws and regulations on financial services,… Read More

December 27, 2023 @ 9:02 am By Tony Zerucha  |  

The American Fintech Council (AFC) this week announced its support for The Fair Audits and Inspections for Regulators’ (FAIR) Exams Act. The organization said bipartisan legislation introduced by U.S. Sen. Jerry Moran (R-KS) and co-sponsored by U.S. Sens Joe Manchin (D-WV), Bill Hagerty (R-TN), and Thom… Read More

December 27, 2023 @ 8:58 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) is launching a new framework for Notified Professional Investor Funds (NPIFs). The framework provides for “an additional fund structure in Malta that benefits from an appropriately streamlined onboarding process and complements other existing fund frameworks.” The MFSA is launching… Read More

December 27, 2023 @ 8:56 am By Omar Faridi  |  

Bitcoin Suisse, which claims to be the “trusted” Swiss crypto investment partner, today announced the release of a suite of robust Application Programming Interfaces (APIs). These APIs provide access “to trading and staking services, enabling institutional clients to use and create customized crypto offerings, simplify… Read More

December 27, 2023 @ 8:53 am By Omar Faridi  |  

The Autorité des Marchés Financiers (AMF) has published the 7th edition of its Savings and Investment Barometer on investment trends. After the sharp fall seen in 2022, more retail investors are “planning to invest in equities in 2023.” This renewed interest is being driven in… Read More

December 27, 2023 @ 6:21 am By Omar Faridi  |  

Accenture (NYSE: ACN) has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus “on helping Italian public service organizations build… Read More

December 26, 2023 @ 11:42 pm By Omar Faridi  |  

Mox Bank Limited announced that customers can now earn Asia Miles instantly upon placing a Time Deposit “without waiting until maturity.” Mox claims that it is the first and “only” bank in Hong Kong to “offer such a reward, allowing customers to use Asia Miles… Read More