October 12, 2024 @ 6:24 pm By Michael Wong  |  

Fabrick, an Italian Open Finance operating company, has announced a strategic partnership with TerraPay, a global payments infrastructure firm, to enhance its geographical footprint and payment solutions. Initially focusing on the Italian market, the collaboration aims to offer businesses a unified platform that streamlines payment… Read More

October 12, 2024 @ 6:21 pm By Omar Faridi  |  

Gemcorp Capital, a global asset management firm focused on emerging markets, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in order to operate in the Abu Dhabi Global Market (ADGM) and has opened a business office in Abu Dhabi…. Read More

October 12, 2024 @ 6:19 pm By Omar Faridi  |  

Regtech firm Sumsub has recently unveiled ‘Greenflag,’ described as a digital nation for 627 million people excluded from online services. On World Inclusion Day, Sumsub says millions of individuals are “excluded from essential digital services,” including financial services, education, healthcare, and employment platforms. The research… Read More

October 12, 2024 @ 6:15 pm By Michael Wong  |  

Digital wealth management platform Arta Finance has announced its global launch alongside a significant partnership with Abu Dhabi-based fintech firm Wio Invest. This collaboration represents a major step in Arta’s business-to-business expansion, as Wio Invest plans to integrate Arta’s wealth-as-a-service platform into its digital offerings… Read More

October 12, 2024 @ 6:12 pm By Omar Faridi  |  

iCapital, the fintech platform driving the alternative investment marketplace for the wealth management industry, announced the launch of iCapital’s Multi-Investment Workflow tool. Available to wealth managers on iCapital Marketplace, this tool reportedly streamlines the investing experience by allowing financial advisors to process “multiple alternative investments”… Read More

October 12, 2024 @ 12:06 pm By Michael Wong  |  

In the wake of Hurricanes Helene and Milton, individuals nationwide are contributing to storm relief efforts, with many making monetary donations to charities claiming to assist affected communities. The Federal Trade Commission (FTC) is urging the public to exercise caution to avoid falling victim to… Read More

October 12, 2024 @ 11:00 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, announced it has now onboarded its first European clients to the Eurosystem’s payment rail, T2. The fintech clearing bank welcomes OpenPayd, Pay Perform (which trades as Orbital), and Transact Payments, which will all benefit from real-time… Read More

October 12, 2024 @ 7:59 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), reports “significant growth” across the region as it marks the first year of its expansion into the United Kingdom. Results show Insurtech Cowbell’s continued growth in the region, with figures from between January… Read More

October 12, 2024 @ 7:53 am By Omar Faridi  |  

Profitability of Germany’s small and medium-sized banks and savings banks (less significant institutions, or LSIs) improved considerably in 2023. This, according to an extensive update from BaFin. BaFin noted in a recent report that institutions in Germany have achieved stronger earnings during the period of… Read More

October 11, 2024 @ 10:42 pm By Omar Faridi  |  

Airwallex announced that Airwallex Capital is now licensed by the Securities and Futures Commission of Hong Kong (SFC) in order to offer asset management services, paving the way for the upcoming launch of its Airwallex Yield in Hong Kong early next year. As explained in a… Read More

October 11, 2024 @ 6:53 pm By Omar Faridi  |  

Treezor, the enabler of Banking-as-a-Service, became one of the first BaaS providers to obtain PCI DSS certification for card issuing. This certification “testifies” to Treezor’s operational and technical capacity to comply with the most “demanding” security standards and paves the way for developing new card-related… Read More

October 11, 2024 @ 6:49 pm By Omar Faridi  |  

Matrixport, which claims to be one of the world’s “one-stop” crypto financial services platforms, officially launches its latest “Official Channel Verification” feature. Users are now reportedly able to visit the verification page anytime in order to verify their accounts via multiple channels. This is said… Read More

October 11, 2024 @ 5:01 pm By Omar Faridi  |  

Quartr, a software and data provider enabling qualitative public market research for finance and investor relations (IR) professionals, announced the closing of a $6 million investment from Altos Ventures. Altos is a San Francisco-based venture capital firm that is reportedly known for its uncommonly patient… Read More

October 11, 2024 @ 4:40 pm By Omar Faridi  |  

Checkout.com, a digital payments provider, announced a partnership with Octopus, Hong Kong’s “homegrown” global fintech, in order to enable online payment for customers of Hong Kong’s leading payment choice – becoming the global payment service provider (PSP) to add Octopus as a payment option at… Read More

October 11, 2024 @ 2:41 pm By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by Transparent AI, is pleased to announce its collab with RSM US LLP, which is the provider of assurance, tax and consulting services for the middle market. RSM has reportedly used Akur8’s Reserving solution for a number… Read More

October 11, 2024 @ 1:44 pm By JD Alois  |  

Crypto enforcement actions issued by the Securities and Exchange Commission (SEC) continue at pace, as the Commission has filed charges against Chicago-based Cumberland DRW LLC. The SEC has charged Cumberland with operating as an unregistered dealer in more than $2 billion of crypto assets offered… Read More

October 11, 2024 @ 12:40 pm By Omar Faridi  |  

The UK Fintech firm Pockit and the pan-European fintech Monese announce that they have agreed terms for Pockit to acquire Monese,a deal that’s currently subject to Change in Control approval by the UK’s Financial Conduct Authority (FCA), creating the fintech for the “financially underserved” and… Read More

October 11, 2024 @ 10:24 am By Omar Faridi  |  

Bitcoin Suisse says it’s pleased to announce the addition of the EIGEN token from EigenLayer to its comprehensive trading and custody services. Effective immediately, Bitcoin Suisse clients can now reportedly trade and securely store EIGEN, further expanding their access to a growing range of digital… Read More

October 11, 2024 @ 9:05 am By Omar Faridi  |  

HeavyFinance has shared their latest portfolio performance review for the month of September 2024. HeavyFinance notes in its performance review that during September, they reportedly saw a total of €1.33 million invested of which €713K is said to have been allocated across 24 agricultural projects… Read More