Markets in Crypto Assets regulation (MiCA). What’s Good and What is Not So Good

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Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is regulated a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA… Read More

 

 




Bitget and Foresight Ventures Invest $30m in TON Blockchain

Bitget and Foresight Ventures have announced a strategic $30 million investment in The Open Network (TON) blockchain, marking a significant move to support the network’s growing ecosystem. The two companies, a crypto exchange and a web3 investment firm, plan to invest in Toncoin (TON) tokens… Read More

UK B2B Sellers Now Offering Business Clients Over Two Months to Pay Invoices – Cebr and iwoca Report

One in six B2B sellers (suppliers) are offering business customers over two months to pay their invoices, according to a new joint report from economic consultancy Cebr and iwoca. The report Credit Where It’s Due, commissioned by iwoca––one of Europe’s largest small business lenders––reveals the… Read More

Real Estate Investment Platform Groundfloor Raises Money on Republic

Groundfloor, a real estate investment platform, is partnering with Republic to raise growth capital. According to the offering page, Groundfloor is seeking up to $5 million using Reg CF. Investors will be purchasing Series B-3 preferred stock. A minimum of $100 is required with a… Read More

UK Payments Association Investigates APP Fraud, Produces Documentary

The Payments Association has released an “investigative documentary” regarding the impact of Authorised Push Payments (APP) fraud. The project was released in partnership with Cardaq and We Fight Fraud. The documentary aims to explore how fraudsters pilfer money from the innocent. The documentary, entitled The… Read More

UK Business Professionals: GenAI a Positive Disruptor, Increased Expectation on Full Return to In Office Working – Report

UK chief executives see implementing Generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the market, according to KPMG’s CEO Outlook survey. KPMG surveyed more than 1,300 CEOs around the… Read More

ICAN Reports First Legal Victory in “Restraining the SEC”

ICAN, or the Investors Choice Advocacy Network, is reporting its first legal victory over the Securities and Exchange Commission (SEC). Founded by attorney Nick Morgan, ICAN is “dedicated to serving as a legal advocate and voice for small investors and entrepreneurs whose efforts are too often… Read More

Fintech Platform iCapital to Provide Technology to HSBC Global Private Banking

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, will provide its technology to HSBC Global Private Banking. The solution will be fully integrated into HSBC’s platform “to digitalize the private market investment experience for its relationship managers,… Read More

Apple Said to Be in Discussion with JP Morgan Regarding Apple Card

Multiple reports have claimed that Apple (NASDAQ:AAPL) has been talking to JP Morgan (NYSE:JPM), the largest bank in the US, to step in and takeover the popular Apple Card from current partner Goldman Sachs (NYSE:GS). Apple partnered with Goldman to launch the Apple Card, which… Read More

NeoXam to Acquire EZOPS, Expanding Global FinTech Reach

Fintech solutions provider NeoXam has announced the signing of an agreement to acquire EZOPS, a company specializing in AI-enabled data control, workflow automation, reconciliation, and regulatory reporting solutions. This acquisition is set to bolster NeoXam’s Fintech offerings and extend its international footprint, with particular emphasis… Read More

Real-Time Cross-Border Payments Fintech Nium Reports Steady Business Growth

Nium, the global enabler of real-time cross-border payments, announced that its monthly payment volume grew by 3X in Oceania, over the last year. This growth has been driven by a surge in adoption “from financial institutions and spend management platforms, with AI platform, RedOwl, being… Read More




DeFi Platform Drift Secures $25m to Expand Services on Solana

Drift, a decentralized finance (DeFi) platform built on the Solana blockchain, has raised $25 million in a Series B funding round led by Multicoin Capital. The new capital will support Drift’s expansion, focusing on developing a full suite of financial services, including spot and derivatives… Read More

Only 16% of Organizations are Approaching Next Frontier of Compliance – Research Study

FloQast announced the results of Exploring Strategic Compliance: The Next Frontier, the company’s latest research initiative aimed at shedding light on the trends and challenges facing compliance teams. The survey reveals that 47% of compliance professionals are “focused on simply finding a better, easier way… Read More

BNPL Fintech Affirm Services Available to Eligible Users Checking Out Online and In-App with Apple Pay on iPhone, iPad

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that Affirm is now available to eligible users checking out online and in-app with Apple Pay on iPhone and iPad. Starting today, Apple Pay users in the U.S. can request… Read More

Anemoy Partners with UK’s Archax, a Digital Securities Exchange, to Add Liquid Treasury Fund to Primary Platform

Anemoy, the asset management arm of Centrifuge, is pleased to announce a strategic partnership with Archax, the UK’s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform. The Liquid Treasury Fund is a short-duration treasury… Read More

HashKey Global and Elliptic to Enhance Compliance, Risk Management in Crypto Exchange Ecosystem

Licensed digital asset exchange HashKey Global, and Elliptic, the global company focused on crypto-asset risk management, are pleased to announce a partnership. This collaboration marks a significant step forward in “setting new standards for compliance, security, and risk control in the evolving digital asset landscape.”… Read More

Chainalysis Insights: Institutions Drive Crypto Adoption in South Korea and Hong Kong

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global value received between July 2023 and June 2024. This, according to an update from Chainalysis. Chainalysis noted that the region received “more than $400 billion in on-chain… Read More

Taurus Announces Partnership with Qatar Financial Centre Authority as Part of QFC Digital Assets Lab

Taurus is pleased to announce a strategic partnership with the Qatar Financial Centre (QFC) Authority as part of the QFC Digital Assets Lab. This strategic collaboration reinforces Taurus’ commitment “to better serving banks and financial institutions across Qatar and the Middle East, delivering tailored digital… Read More

Equifax Launches Merchant Data Network to Provide Visibility into the Financial Profiles of Small Businesses

Equifax (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud™-based data network to help provide greater visibility into the financial profiles of U.S small businesses. Designed to give lenders and service providers the “increased confidence they need to extend capital in a… Read More

Open Banking Limited Welcomes UK Open Banking Milestone

This past week, Open Banking Limited announced that the Competition and Markets Authority has officially confirmed the full completion of the final Roadmap for Open Banking. This milestone, building on the “substantial completion” announced in 2023, means that all nine banking providers mandated by the… Read More

As Fed Slashes Interest Rates by 50 bps, Raisin Still Touting Savings Rates over 5%

Fintech Raisin is a savings platform that streamlines the process of uncovering the best savings rates on the market. Yesterday, the US Federal Reserve slashed benchmark rates by 50 basis points – a larger move than many expected. Today, markets are rallying as observers believe… Read More

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