How MoneyThumb Has Its Finger on Document Evaluation and Fraud

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CEO Ryan Campbell wishes he had access to MoneyThumbā€™s automated document evaluation and fraud solutions when he ran other Fintech companies earlier in his career. Over the past seven years, heā€™s seen MoneyThumb grow into a trusted service provider to hundreds of lenders and thousands… Read More

 

 




Unlawful Money Lending, Consumer Protection Violations, Cybercrime Expected to Rise During Holiday Season – Report

Holiday season is the gift that “keeps giving for criminals,” rogue employers, and unscrupulous service providers, according to an update from LSEG Risk Intelligence. Analysis of LSEG World-Check database demonstrates how criminals take advantage at “a time when consumer spending is at its highest.” Worker… Read More

Altcoins Could Experience Resurgence Once Bitcoin Price Stabilizes: Crypto Analyst

Bitcoin and crypto markets continue to set new all-time highs as the end of 2024 approaches. Many analysts now believe that 2025 will bring more investors and capital to the digital assets market, supported by crypto-friendly policies and a regulatory framework that will enable innovation…. Read More

Third Financial’s Mobile App to Provide Real-Time Valuations and Investment Analysis

Third Financial, part of the Nucleus group, has launched a mobile app for iOS and Android devices. It will enable access to all the clientā€™s investments in one place, providing real time valuations across the range of investment wrappers, along withĀ  investment analysis and the… Read More

Gevolut Launches Firestarter ZK Proving Network

Gevulot, a zero-knowledge (ZK) firm building the ZkCloud, this week announced the launch of Firestarter, its first production-ready, universal ZK proving network. Designed to simplify and accelerate proof generation, Gevolut said Firestarter reduces costs by more than 95% compared to current solutions while improving ZK,… Read More

Fintech NAO Raises ā‚¬3.4 Million in Seed Funding, Aims to Become Top Alt Investment Platform

NAO, a Berlin-based Fintech, has raised ā‚¬3.4 million in Seed funding, according to a company statement. The round was said to be led by a family office of a Swiss private investor. The Wealthtech says it is on a mission to become the top investing… Read More

Bitcoin Reaching $100K+ Signals Next Phase of Resilient Bull Run, According to Research Analyst

As the crypto industry had speculated on if and when Bitcoin could hit the $100,000 milestone (which it has now surpassed reaching a high of more than $103,000) analysis by Copper.coā€™s Head of Research Fadi Aboualfa suggests ETF flows could be the driver to get… Read More

CFTC Staff Issues Advisory Related to Use of AI by CFTC-Registered Entities, Registrants

The Commodity Futures Trading Commissionā€™s Divisions of Clearing and Risk, Data, Market Oversight, and Market Participants has recently issued a staff advisory on the use of artificial intelligence in CFTC-regulated markets by “registered entities and registrants.” The advisory reminds CFTC-regulated entities of their obligations under… Read More

The Payments Association: It’s About Time the US Leads World on Crypto

The change in the US administration is expected to usher in a new era of digital asset innovation. During the Biden Administration, there was open hostility toward crypto that went beyond the pursuit of fraud and scams. Many firms sought to be regulated but were… Read More

France: Crowdfunding Platforms Unite as Ulule Acquires KissKissBankBank from La Banque Postale

French crowdfunding platform Ulule has acquired its KissKissBankBank from La Banque Postale for an undisclosed amount, according to reports.Ā  La Banque Postale acquired KissKissBankBank in 2017. At the time of the purchase the CEO of La Banque Postale explained the move as respondingĀ to new consumption… Read More

Nigel Green’s Trends Shaping 2025

AIā€™s growing spectre, geopolitical conflict, and surging energy demand are deVere Group CEO Nigel Greenā€™s three biggest trends shaping 2025. Investors who align their portfolios with these forces are set to capitalize on significant opportunities amid turbulent times. Geopolitical tensions are escalating across multiple regions…. Read More




Brighty Reportedly Secures $10M to Enable Crypto Payments, Expand Business Across Europe

Brighty, a digital finance platform that enables crypto-card payments in the real world, announces a $10 million round from Futurecraft Ventures. The funds will be used to expand its presence in Europe and the UK. Brighty is a personal finance app that combines traditional digital… Read More

Industry Professionals Claim We’ve Only Scratched Surface of What AI Can Do in Fintech

We have just scratched the surface of what AI can do in Fintech, and 2025 will bring “new trends into play,” according to an industry outlook from Giuseppe Sette of Reflexivity and Raahkee Miller of Siebert. CI received insightful comments on the fintech industry’s outlook… Read More

Simply Asset Finance Welcomes Ā£175M Top-Up From British Business Bank

The British Business Bank increased its ENABLE Funding commitment to Simply Asset Finance, a UK independent asset finance provider. It allows Simply Asset Finance to provide more than Ā£175 million of finance to smaller businesses across the UK. A portion of the funding has been… Read More

Investor Relations Platform Sightglass Raises $3M

This week, Sightglass, an AI-powered investor relations platform for private markets, announced it has raised aĀ $3 millionĀ seed funding round led by Base10 Partners. Sightglass was founded byĀ Thomas Buley, who was most recently the VP of product at Guideline. The company will use the funding to… Read More

Revolut Focused on Mobilization Period for its UK Bank and Building Out its Board

Revolut UK is focused on building out its Board with two senior appointments. The update from the digital bank comes as Revolut is working through the mobilization period for its UK Bank. According to the announcement from Revolut, Fiona Fry and Sir Peter Estlin join… Read More

Consumer Financial Protection Act Co-Author Applauds California EWA Rule

A co-author of the Consumer Financial Protection Act of 2010 believes Californiaā€™s new earned-wage access (EWA) rule is a positive step that other states can look to when building their own rules. Tom Scanlon is now the general counsel and chief compliance officer at Rain,… Read More

Ethereum (ETH) Reaches $4K But Clear Evidence of Sustained Growth Needed: Crypto Analyst

As Ethereum (ETH), the largest smart contract platform and second-largest crypto-asset by market cap, surpasses the $4000 mark, insights from Nansen, a chain analytics firm, shed light on what this development signifies and what is to be expected going forward. Nicolai Sondergaard, Research Analyst at… Read More

Citi Wealth and Hildebrandt Consulting Examine How Law Firms are Responding to Market Challenges

2025 Citi Hildebrandt Client Advisory reports significant law firm industry revenue growth was driven by increasing demand. Demand was pivotal to growth in 2024, ignited by a diverse range of law firm practices including “litigation, regulatory, bankruptcy.” Optimism will continue as a key theme in… Read More

Web3 Security Incidents Resulted in Over $86 Million in Losses in Past Month – Report

Last month, the total losses from Web3 security incidents have reportedly amounted to appr. $86.24 million. According to the SlowMist Hacked Database, 21 hacking incidents were recorded, resulting in losses of appr. $76.86 million, of which “$25.5 million was recovered.” As mentioned in the update… Read More

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