September 16, 2024 @ 6:29 am By JD Alois  |  

Stablecoin issuer Circle has revealed a collaboration with Sony Block Solutions Labs. According to a release, the partnership aims to boost innovation in decentralized tech on Soneium, a public  Ethereum Layer-2 blockchain ecosystem. USDC, Circle’s dollar-based stablecoin, will be integrated into Soneium. Circle explains that… Read More

September 16, 2024 @ 6:22 am By Omar Faridi  |  

Tech-savvy owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to the law. This, according to an update released this past week by the UK government. The Property (Digital Assets etc) Bill, introduced in Parliament, will… Read More

September 16, 2024 @ 6:19 am By Omar Faridi  |  

Janus Henderson Investors is pleased to announce that it will be entering into a new strategic partnership with Anemoy Limited and Centrifuge to manage Anemoy’s Liquid Treasury Fund (LTF), a fully on-chain, tokenized fund issued on Centrifuge’s public blockchain that provides investors with direct access… Read More

September 16, 2024 @ 6:16 am By Omar Faridi  |  

Despite the financial pressures facing young people, NatWest’s latest Savings Index reveals younger generations are building positive savings habits, breaking traditional taboos around talking about money, and “seeking innovative ways through social media to create a more secure financial future.” Almost nine in ten (86%)… Read More

September 16, 2024 @ 6:14 am By Omar Faridi  |  

UK’s digital bank Zopa has surpassed £5 billion in customer deposits. The update from Zopa Bank comes four years after getting its banking licence and four months after exceeding its £4 billion deposits milestone. The milestone reflects the convenience, accessibility and competitive rates offered with Zopa… Read More

September 15, 2024 @ 11:42 pm By Omar Faridi  |  

August saw business activity rise universally across the UK for the first time in three months, the latest NatWest Regional Growth Tracker showed. The Business Activity Index is the first fact-based indicator of regional economic health released each month, “tracking the monthly change in the… Read More

September 15, 2024 @ 9:40 pm By Michael Wong  |  

Bangladeshi consumer technology provider Pathao has announced raising $12 million in a pre-Series B funding round as the company shifts its focus towards fintech. The latest investment brings Pathao’s total capital raised to over $50 million, marking the largest pre-Series B funding for any Bangladeshi… Read More

September 15, 2024 @ 8:29 pm By Omar Faridi  |  

Thunes, the Smart Superhighway for money movement around the world, announces a strategic alliance with TeleMoney, the International Remittance arm of Arab National Bank (ANB). This collaboration marks a significant milestone, “as TeleMoney’s membership in the Thunes Direct Global Network underscores the growing trust that… Read More

September 15, 2024 @ 7:25 pm By Omar Faridi  |  

Wormhole brings World ID to Solana as new World ID integrations take off globally. Interoperability platform Wormhole, a recipient of the Worldcoin Community Grants Wave, has successfully “completed its efforts to bring World ID to Solana, enabling builders on the layer 1 blockchain to join… Read More

September 15, 2024 @ 6:53 pm By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) has announced the formal launch of The Northern Trust Carbon Ecosystem with the first live transactions on the blockchain-based platform which enables institutional buyers to digitally access carbon credits from leading project developers. The official live transactions were initiated by Water… Read More

September 15, 2024 @ 6:04 pm By JD Alois  |  

Dalmore Group, a broker dealer that specializes in assisting firms in raising money online in private securities offerings, has been touting its ability to help issuers add qualified sales people to improve their ability in raising funds. Dalmore is one of the largest platforms enabling… Read More

September 15, 2024 @ 5:45 pm By Omar Faridi  |  

Checkout.com, a global digital payments provider, announced the launch of an online course in partnership with the Merchant Risk Council (MRC) to help payment professionals combat fraud and cybersecurity threats. Debuted at MRC San Diego, ‘Fraud Essentials’ is the second in “a series of online… Read More

September 15, 2024 @ 5:36 pm By Omar Faridi  |  

Ebury, a global fintech company specializing in payments and collections, FX risk management and business lending, will partner with Salt Edge, an open banking solution provider, to integrate its PSD2 APIs. This collaboration will enable both companies to “enhance visibility and attract new customers while… Read More

September 15, 2024 @ 4:45 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

September 15, 2024 @ 4:40 pm By Michael Wong  |  

IT cybersecurity firm Metabase Q has introduced ZeroAPT Mitigator to its Batuta platform, enhancing proactive security measures for its enterprise clients. Batuta, which monitors and manages remote endpoints and cybersecurity technologies, now allows organizations to further reduce the risk of cyberattacks by utilizing the latest… Read More

September 15, 2024 @ 4:38 pm By Michael Wong  |  

Sorbet, a US Fintech offering employees access to the monetary value of their unused paid time off (PTO), has launched its services nationwide. This expansion follows a strategic partnership with Lead Bank, a key player in providing financial services to fintech companies. The timing of… Read More

September 15, 2024 @ 4:36 pm By Omar Faridi  |  

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a softening of UK labour market conditions during August. Latest data showed that permanent placements “continued to fall, and at an accelerated pace, amid reports of reduced demand amongst companies for… Read More

September 15, 2024 @ 4:33 pm By Omar Faridi  |  

Mastercard (NYSE: MA) expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition bolsters the insights and intelligence used “to secure today’s digital economy – in the payments ecosystem and beyond.” Recorded… Read More

September 15, 2024 @ 4:17 pm By Omar Faridi  |  

Circle unveiled plans for a new global corporate headquarters for Circle Internet Group, Inc. based in the iconic One World Trade Center in Lower Manhattan at an event hosting industry, political leaders and key partners who have been central to Circle’s growth and success. The… Read More

September 15, 2024 @ 4:15 pm By Omar Faridi  |  

Digital asset exchange-traded funds (ETFs) have played a pivotal role in providing a diverse range of investors with exposure to cryptocurrencies this year. This, according to an updated shared by BitGo. BitGo noted that since inception these ETFs have seen “approximately $16 billion in inflows,… Read More