Investment Crowdfunding Report Provides Update on Reg CF, Reg A

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Kingscrowd, a data specialist in the securities crowdfunding sector, has provided some data on 2024 activity. While not including Reg D 506c, which is almost impossible to track, Kingscrowd shares information on Reg A and Reg CF, which are available to both Accredited and non-accredited… Read More

 

 




CFPB Sues Capital One for Cheating Customers: What’s In Your Wallet?

Capital One is probably best known for its pithy commercials featuring Jennifer Garner asking, “What’s in your wallet.”Ā  Unfortunately, the Consumer Financial Protection Bureau (CFPB) believes that Capital One has been cheating its customers, thus questioning if consumers should keep Capital One as a credit… Read More

Bank of England Updates on Digital Pound Progress

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

Report Tauts Payments with Cards-as-a-Service

Paymentology, audax, and Mastercard have joined to publish a report on Cards-as-a-Service (CaaS). The report is entitled; “Understanding Cards-as-a-Service (CaaS) and the Power of Strategic Partnerships.” The trio described CaaS as transformative, allowing Fintechs, banks, and more to become “distributors of payment services” and generating… Read More

Coinbase Wins on Denial of Rule-Making in Court: “Sporadically enforcing ill-fitting rules against crypto companies that are trying to follow the law goes way beyond fighting fraud”

Coinbase (NASDAQ:COIN) won a minor victory in court regarding its ongoing legal battle with the Securities and Exchange Commission (SEC). Coinbase Chief Legal Officer Paul Grewal shared via X that the Third Circuit Court has chastised the SEC for its denial of rulemaking – something… Read More

Zodia Custody Partners with Kiln on Staking for Institutions

Zodia Custody has announced a partnership with Kiln, a digital asset rewards management platform. Incubated by Standard Chartered, Zodia Custody focuses on institutions. The company is also associated with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. The partnership aims to offer institutional… Read More

Payments Tech Firm Transcard Expands Operations to Canada

Transcard, a global firm focused on payments technology, is pleased to announce its expansion into the Canadian market. Transcard has reportedly launched its first Canadian customer, Xodus Travel Services, leveraging the SMART Suite for payment orchestration and “adopting an enhanced digital payment experience.” Transcard’s embedded… Read More

AI Payment Infrastructure Provider Nevermind Reports New Funding Round

Nevermined, the provider of AI payment infrastructure for AI-to-AI transactions, announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The investment round was led by Generative Ventures, with participation from… Read More

European Open Banking Fintech TrueLayer Teams Up with BR-DGE

TrueLayer, Europeā€™s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

Digital Bank Revolut Expands Product Offering with Focus On Wealth Management

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

Divide Between Open-Source and Closed-Source AI Models Is Reshaping Tech Industry Dynamics – Report

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More




HyperPay Obtains License from SAMA to Support Development of Financial Services Ecosystem in KSA

HyperPay, the Saudi payments services provider (PSP) operating in the MENA region, reportedly obtained a license from the Saudi Central Bank (SAMA) in order to support the diversification and development of the financial services ecosystem in KSA. In line or consistent with its strategy to… Read More

Commodity Futures Trading Commission Reports Default Judgement Regarding Digital Asset Fraud

The Commodity Futures Trading Commission (CFTC) has announced a default judgment regarding the case ofĀ Mosaic Exchange Ltd.Ā and its owner and Chief Executive OfficerĀ Sean Michael, of Miami, Florida.Ā The CFTC initiated the enforcement action alleging a fraudulent digital asset commodity scheme. The order is based on a… Read More

Global Fintech Adyen Creates Fundraising Campaign for those Affected by LA Wildfires

Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those affected by the wildfires in Los Angeles with Americares. For this particular campaign, businesses… Read More

Digital Banking: Hong Kong’s WeLab Bank Reports Steady Business Growth

WeLab Bank announced its achievement of first-time breakeven in Dec of 2024 – which is just over 4 years after its establishment. This milestone exemplifies WeLab Bankā€™s ability to achieve profitability “at a pace faster than anticipated.” As mentioned in the announcement, the accomplishment was… Read More

B2B Payments Fintech Billtrust Announces 2024 Milestones Supported by AI-Enhanced Innovation

Billtrust, a B2B order-to-cash and digital payments firm, reported 2024 business highlights which helped reportedly companies improve customer experiences and enhance their financial health. Billtrust CEO Sunil Rajasekar said: ā€œIn 2024, our team provided more tools than ever to help B2B finance teams gain deeper… Read More

Robinhood Target of SEC Enforcement Action, $45 Million in Penalties Paid to Settle Charges

The Securities and Exchange Commission (SEC) has assessed $45 million in penalties on neobroker Robinhood Securities LLC and Robinhood Financial LLC. The monetary settlement concerns various charges leveled by the SEC at the broker-dealers. Robinhood Securities agreed to pay a $33.5 million penalty, and Robinhood… Read More

APAC Top 50 Firms Market Cap Surpasses $8.1 Trillion in 2024 – Repoort

The combined market cap of the top 50 companies in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a “20.6% year-on-year increase.” This, according to a report from GlobalData. Tech firms reportedly led the charge, with the Taiwan Semiconductor Manufacturing Company and… Read More

Payment Orchestration Platform BlueSnap Selected By MarginEdge

BlueSnap, a payment orchestration platform for B2B and B2C businesses, announced its selection by MarginEdge, which is a provider of restaurant management solutions, as its North American client billing partner. MarginEdge helps restaurant owners and managers get “out of the back office and back onto… Read More

MENA Region’s Online Payments Platform Telr Partners with Apaya

Telr, the online payment gateway in the MENA, serving over 30,000 merchants across the region, announced a partnership with Apaya, the commerce automation platform. This partnership combines Telr’s comprehensive payment solutions in the UAE, KSA, Bahrain and Jordan, with Apaya’s no-code commerce automation platform, “enabling… Read More

CertiK Ventures to Empower Blockchain and Web3 Builders

Founded in 2018, CertiK claims that it became a trusted name in Web3 security by leveraging formal verification to safeguard smart contracts and decentralized systems. Over the years, CertiK expanded their offerings to include comprehensive security services, audits, and tools, solidifying their “reputation as a… Read More

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