September 11, 2024 @ 11:04 am By Omar Faridi  |  

tZERO Group Inc., says it has received approval for its tZERO Digital Asset Securities as “a new Special Purpose Broker-Dealer for digital asset securities custody.” The company states that this is only one of two licenses for “a regulated broker-dealer digital asset security custodian that… Read More

September 11, 2024 @ 11:02 am By Omar Faridi  |  

Assetz Capital, a provider of property-secured finance specializing in commercial mortgages and development finance, has successfully structured a £9.95m facility for VOCO Leicester Hotel financed with Atom Bank. Last year, hotel management company Kew Green Hotels announced their plan “to reflag two existing properties in Leicester and… Read More

September 11, 2024 @ 10:57 am By Omar Faridi  |  

TRON, Tether, and TRM Labs have announced they will be joining forces to establish the T3 Financial Crime Unit (T3 FCU), described as a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain…. Read More

September 11, 2024 @ 10:34 am By JD Alois  |  

Deverium has received €2 million in funding from the EU to pursue a digital identity service. Deverium is partnering with Corner Case Technologies on the project to create a reusable digital identity platform that targets international identity verification challenges. According to the company, the product… Read More

September 11, 2024 @ 10:27 am By Omar Faridi  |  

DNA Payments recently announced that it has launched Apple Pay Express Checkout for Ecommerce. DNA Payments noted in a blog post that it is officially introduceng Apple Pay Express Checkout, giving Ecommerce merchants “a new way to accept payments.” As mentioned in the update, DNA… Read More

September 11, 2024 @ 8:49 am By JD Alois  |  

UK economic data delivered an update today that landed with a thud. GDP unexpectedly showed no growth during the month of July with analysts anticipating 0.2% growth. The commentariat chattered that moribund growth will challenge the relatively new Labour government as it struggles to bolster… Read More

September 11, 2024 @ 8:28 am By JD Alois  |  

Banking as a service provider Griffin says it has opened up its platform to UK Fintchs. Griffin is a licensed provider of banking services seeking to enable banks, and now Fintechs to provide digital banking services. Griffin offers services like wealth, lending, insurance, proptech and… Read More

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

Nansen has acquired Stakewithus, a non-custodial staking service provider that reports over $80m assets staked by 30,000+ users, supporting over 20 different networks, including Solana, Sui, Celestia, dYdX, and more. With this acquisition, Nansen users should gain access to blockchain data, the ability to monitor… Read More

September 11, 2024 @ 8:18 am By Omar Faridi  |  

Allfunds (AMS:ALLFG), a B2B WealthTech platform for the funds industry, has partnered with Rathbones, a provider of individual wealth management and related services to private clients, advisors, and more. The partnership is expected to provide Rathbones the ability “to deal and trade products through a single… Read More

September 11, 2024 @ 8:16 am By Omar Faridi  |  

TrueLayer, an open banking payments network, says it has expanded its partnership with Stripe. TrueLayer now underpins Stripe’s Pay by Bank offering “across its payments products in the UK.” In May, Stripe unveiled Pay by Bank—a new payment method “enabling merchants to accept payments directly… Read More

September 11, 2024 @ 8:14 am By Omar Faridi  |  

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announces the launch of new innovations as part of its ‘Fall Edition’ product release. Global companies face significant challenges in “managing and controlling corporate spending across… Read More

September 10, 2024 @ 4:18 pm By JD Alois  |  

Following Vice President Kamala Harris’s proposal to boost the startup deduction if elected President, the Small Business & Entrepreneurship Council (SBE Council) posted its feedback on the policy. Harris has recently highlighted her vision of fostering an economy of opportunity. While details are few, the startup… Read More

September 10, 2024 @ 4:05 pm By JD Alois  |  

The SEC’s Office of Investor Education and Advocacy (OIEA), the Commodity Futures Trading Commission’s Office of Customer Education and Outreach (OCEO), the Financial Industry Regulatory Authority (FINRA), and the North American Securities Administrators Association (NASAA) have jointly issued a statement cautioning consumers on affinity or… Read More

September 10, 2024 @ 3:48 pm By Omar Faridi  |  

Akur8, an insurance pricing solution, has announced its acquisition of Arius, a P&C reserving software for insurers and reinsurers. Boasting a “robust” U.S. presence and a reputation for excellence, Arius’s portfolio “includes 150 insurance and consulting clients and over 1,500 users.” More than one-third of… Read More

September 10, 2024 @ 3:45 pm By Omar Faridi  |  

Experian has announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit “for customers who traditionally may not have been eligible – driving… Read More

September 10, 2024 @ 12:09 pm By Omar Faridi  |  

Synpulse, a global management consulting firm and partner to major banks, is proud to announce the successful go-live of Judo Bank’s new core banking platform, powered by Thought Machine, a banking technology company. This significant achievement, completed in just 12 months, “saw the launch of… Read More

September 10, 2024 @ 11:22 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced new members on the Investor Advisory Committee (IAC). While having no regulatory authority, the IAC advises the Commission on issues impacting investors. Each member serves a term of 5 years. More members are expected to be announced… Read More

September 10, 2024 @ 10:51 am By JD Alois  |  

Popular coffee capsule company Keurig will have to pay a $1.5 million penalty as the Securities and Exchange Commission (SEC) claims it made “inaccurate statements regarding recyclability of K-Cup beverage pods.” The SEC claims that Kuerig stated in annual reports that their pods could be… Read More

September 10, 2024 @ 10:28 am By JD Alois  |  

Payments platform EBANX is predicting its Pix service will top credit cards for online purchases in Brazil by 2025. According to a company statement, by 2025 Pix will account for 44% of all value transacted in online purchases in Brazil, Credit/Debit cards will are expected… Read More

September 10, 2024 @ 10:15 am By Omar Faridi  |  

The Federal Bureau of Investigations (FBI) has published the 2023 Cryptocurrency Fraud Report. The FBI released its Cryptocurrency Fraud Report for the past year. In 2023, the FBI’s Internet Crime Complaint Center “received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud… Read More