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

October 11, 2024 @ 9:02 am By Omar Faridi  |  

Banked has reportedly gained foothold on Australia’s real-time payments market with the acquisition of Waave, sparking strategic partnership with Chemist Warehouse. Banked’s acquisition of Waave underscores commitment to building a truly global Pay by Bank platform. Waave’s work with Chemist Warehouse in developing Pay by… Read More

October 11, 2024 @ 8:47 am By Omar Faridi  |  

UK’s digital bank Monzo is reportedly expected to reach a substantial £4.5 billion valuation through a potential employee share sale. This is according to a recent report by Sky News. It is worthwhile to note that Monzo, in its early days of existence, raised money… Read More

October 11, 2024 @ 8:23 am By Omar Faridi  |  

Security tokens at Bitpanda are aimed at enabling new era of investing. The European Fintech firm recently shared that Bitpanda is the first crypto platform to make this particular asset class available to potentially millions of retail investors. All Bitpanda customers are now able to… Read More

October 11, 2024 @ 8:21 am By Omar Faridi  |  

UK headquartered digital bank Revolut announced recently that it has submitted an application to obtain a banking license in order operate in Colombia. This recent announcement by Revolut has been unveiled as the Fintech company aims to boost its presence in Latin America. The new… Read More

October 10, 2024 @ 7:46 pm By Omar Faridi  |  

IDA, a Hong Kong-based fiat-referenced stablecoin issuer, is integrating Chainlink’s services for tokenized assets. As mentioned in a blog post, those reportedly include Chainlink Proof of Reserve (PoR) for verifying asset collateralization as well as the Chainlink Cross-Chain Interoperability Protocol (CCIP) for the “secure” movement… Read More