September 12, 2024 @ 3:02 pm By JD Alois  |  

Vacation home marketplace Pacaso has filed a Form 1-A indicating its intent to raise money online. According to the offering circular,  Pacaso is offering up to 28,957,528 shares for $2.50/share or a gross amount of $75 million – the maximum allowed under the exemption. Pacaso… Read More

September 12, 2024 @ 2:17 pm By JD Alois  |  

Crypto protection firm Coincover says it will now work with two of Canada’s crypto trading platforms, VirgoCX and Netcoins. The goal is to provide best-in-class security for customer assets. Coincover says its solution will also help VirgoCX and Netcoins exceed regulatory requirements in Canada. Digby… Read More

September 12, 2024 @ 2:06 pm By Omar Faridi  |  

Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the world’s largest investment managers of digital assets and blockchain exposures, and State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT),  announced the introduction of… Read More

September 12, 2024 @ 12:24 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has published its agenda for its meeting next week. The IAC will focus on two panels: Investment Advice: A History and Update on Who is Required to Serve in Your Best Interest; and Key Topics… Read More

September 12, 2024 @ 10:25 am By JD Alois  |  

Fasset has announced IOWN, an Ethereum layer 2 blockchain for Real World Assets (RWA). Based in the UAE, the company states that it has moved forward with the project following the approval of its Credit Token Licence from the Labuan Financial Services Authority (Labuan FSA),… Read More

September 12, 2024 @ 10:16 am By Omar Faridi  |  

State chief information officers (CIOs) and state chief digital officers (CDOs) recognize the importance of high data quality — especially as a critical determinant of successful artificial intelligence (AI) — but a majority have concerns about data quality, according to a new report released by… Read More

September 12, 2024 @ 10:15 am By Omar Faridi  |  

Deloitte’s 2024 CxO Sustainability Report: Signs of a shift in business climate action shows that climate change remains a top three issue for global C-suite level business leaders (CxOs), surpassing political uncertainty, competition for talent, and the changing regulatory environment, among others. A key indicator… Read More

September 12, 2024 @ 8:54 am By JD Alois  |  

Technology has opened the door to a new world of assets in which individuals may invest. This can help investors to diversify and participate in non-correlated asset classes. The WatchFund is an interesting example of the new landscape and today it is announcing €2 Million… Read More

September 12, 2024 @ 8:32 am By JD Alois  |  

The European Central Bank (ECB) has decided to cut benchmark rates by 25 basis points. The ECB reaffirmed its expectations on inflation stating headline that inflation will average 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026. Core inflation is anticipated  to decline from 2.9%… Read More

September 12, 2024 @ 6:33 am By Omar Faridi  |  

Santander and Atitlan launch Atgro, a platform for investing over €500 million in agricultural projects. The fund is being launched with initial contributions of €200 million “by the bank and EUR 50 million by Atitlan, with the aim of doubling these resources” to boost the… Read More

September 12, 2024 @ 6:32 am By Omar Faridi  |  

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo, the provider of solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring to provide a new cloud-based client onboarding system to enhance its compliance processes. Fenergo will support LBBW’s business in… Read More

September 12, 2024 @ 6:31 am By Omar Faridi  |  

Gemini is pleased to announce the release of the 2024 Global State of Crypto report, offering a comprehensive look at attitudes and behavior toward digital assets from different investors across the globe. After two years of ups and downs, the crypto market has “rallied hard… Read More

September 12, 2024 @ 6:30 am By Omar Faridi  |  

DailyPay is pleased to announce a new partnership with Montage International, the ultra-luxury hospitality management company headquartered in Southern California. DailyPay is a worktech company and the “provider of earned wage access in support of its partner employees’ financial wellness.” With DailyPay, Montage International team… Read More

September 11, 2024 @ 9:54 pm By Omar Faridi  |  

MoneyLion Inc. (NYSE: ML) has revealed a parnetship with Nova Credit, a credit infrastructure and analytics company. The goal is said  to seek to activate cash flow underwriting within MoneyLion’s hosted decisioning engine. This collaboration aims to credit issuers on MoneyLion’s platform “to integrate Nova… Read More

September 11, 2024 @ 9:47 pm By Omar Faridi  |  

Sumsub, a global full-cycle verification provider, received the highest product scores and proved full regulatory compliance of its Non-Doc solution after FINTRAIL audit FINTRAIL, a UK-based consultancy “helping companies manage their exposure to financial crime risk & maintain regulatory compliance, examined our Non-Doc Identity Verification… Read More

September 11, 2024 @ 9:46 pm By Omar Faridi  |  

Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies in an increasingly complex market. Markel’s FintechRisk+ policy provides financial services and… Read More

September 11, 2024 @ 9:45 pm By Omar Faridi  |  

JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. (JST Singapore) has received an in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) to provide digital payment token… Read More

September 11, 2024 @ 9:42 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) has announced its digital asset custody service in the UAE. The offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a global financial hub, “following the memorandum of understanding (MoU)… Read More

September 11, 2024 @ 2:27 pm By Omar Faridi  |  

We recently connected with Tristan Frizza, Founder of Zeta Markets. Notably, Solana recently hit $1.811 billion in DEX trading volume, capturing almost 10% of the market, as reported by Zeta Markets. This surge, fueled by Solana’s fast transaction speeds and low fees, has also led… Read More