January 20, 2025 @ 3:34 pm By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) says the next four years could be a “Golden Age” for entrepreneurs. While the Biden Administration was not exactly anti-entrepreneur, their policies fell far short of what could have been accomplished, and some policies were actively anti-innovation… Read More

January 20, 2025 @ 3:24 pm By Omar Faridi  |  

Atom bank, the UK’s digital banking platform, released research which highlights a knowledge gap among UK homeowners when it comes to Energy Performance Certificates (EPCs) and the cost of retrofitting. The data reveals that over half (53%) of homeowners are “unaware of their home’s EPC… Read More

January 20, 2025 @ 3:23 pm By Omar Faridi  |  

Binance are pleased to announce that it has reached an agreement with the National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP), which confirms compliance with all applicable local regulatory requirements and authorizes the platform to “provide services to Uzbekistani residents under a… Read More

January 20, 2025 @ 3:14 pm By JD Alois  |  

While Republicans are celebrating the inauguration of Donald Trump as the 47th President of the US, at least one Democrat is ignoring the festive atmosphere in the nation’s capital to lambast the new President. Representative Maxine Waters, the ranking Democrat on the House Financial Services… Read More

January 20, 2025 @ 2:01 pm By Omar Faridi  |  

In recent years, cryptocurrency has become increasingly more mainstream, the team at Chainalysis noted. Although illicit activity on-chain previously revolved heavily around cybercrime, Chainalysis pointed out that cryptocurrency is now also being used to “fund and facilitate all kinds of threats, ranging from national security… Read More

January 20, 2025 @ 10:10 am By Omar Faridi  |  

The US Securities and Exchange Commission has recently announced that, based on its preliminary results, it filed 200 total enforcement actions in the first quarter of fiscal year 2025, which ran from October through December 2024, including “118 standalone enforcement actions.” The Division filed a… Read More

January 20, 2025 @ 10:09 am By JD Alois  |  

Bitcoin bulls are on today as BTC nears $110,000 on the day of the Presidential inauguration. Today, at 12 noon ET, Donald Trump will become the 47th President after serving as the 45th President in an unprecedented return to office following four difficult years under… Read More

January 20, 2025 @ 9:05 am By JD Alois  |  

Fundment, a platform for financial advisors targeting High Net Worth (HNW) individuals, has raised £45 million in Series C funding. Fundment was founded by former Blackrock asset manager Ola Abdul. His goal is to leverage proprietary technology that improves the operations of the 500+ firms… Read More

January 20, 2025 @ 8:51 am By JD Alois  |  

The Hashgraph Association says it has agreed to work with Taurus regarding asset tokenization, staking, and custody. Hashgraph is the gr0up that supports enterprise-grade blockchain Hedera. Taurus is a Swiss firm that offers enterprise-grade digital asset infrastructure solutions to issue, custody, and trade any digital… Read More

January 20, 2025 @ 8:11 am By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct “proper investigations” of consumer disputes. The CFPB found Equifax (allegedly) “ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted… Read More

January 20, 2025 @ 8:02 am By Omar Faridi  |  

A report by the UK Startup Awards, supported by Starling Bank, has fired the starting pistol for those looking to launch or join a startup business in the new year. The ‘UK Startup Report 2024’ is based on a survey of “over 1,176 businesses under… Read More

January 20, 2025 @ 7:58 am By Omar Faridi  |  

Stablecoin issuer Circle has reportedly submitted its response to the European Insurance and Occupational Pensions Authority’s (EIOPA) consultation on technical advice for standard formula capital requirements for making investments in crypto-assets. Circle is a global financial technology firm that enables businesses of all sizes to… Read More

January 20, 2025 @ 7:56 am By Omar Faridi  |  

PitchBook noted in a new research report that if they had to pick just one word to accurately summarize European private equity (PE) in 2024, it would actually be “recovery.” According to the update from PitchBook, annual private equity deal value increased 35.4% year over… Read More

January 20, 2025 @ 6:10 am By JD Alois  |  

Conister Bank Limited based in the Isle of Man says it has launched a new online deposit system for its UK retail customers. Consister is part of the Manx Financial Group PLC (AIM:MFX) a firm that operates various financial sercies firms. Conister said that historically,… Read More

January 19, 2025 @ 10:12 pm By Omar Faridi  |  

As interest rates begin to decline, US retail investors plan to strategically adjust their portfolios, prioritizing growth sector stocks such “as healthcare & technology (24%), cash assets (22%), high-yield bonds (18%), and dividend yielding stocks (18%),” according to data from the Retail Investor Beat (RIB)… Read More

January 19, 2025 @ 10:10 pm By Tony Zerucha  |  

1Money, which is developing a purpose-built Layer 1 exclusively designed for stablecoin payments, this week emerged from stealth with more than $20 million in funding. The seed capital will power the launch of the 1Money Network, a payment network engineered to be a Layer 1… Read More

January 19, 2025 @ 10:09 pm By Omar Faridi  |  

JCB, Japan’s international payment brand, and DOJO, a London-based payment technology provider, announced a partnership to enhance JCB’s card acceptance across London and the rest of the UK. JCB Cardmembers can now experience a seamless payment experience across the UK thanks to this collaboration, while… Read More

January 19, 2025 @ 8:26 pm By JD Alois  |  

Swiss digital asset bank Sygnum is reporting a $58 million funding round at a $1 billion valuation. According to Sygnum, the funding round was oversubscribed. The lead investor was Bitcoin-focused VC Fulger Ventures. Others participating in the ournd include new and existing investors as well… Read More

January 19, 2025 @ 8:17 pm By Omar Faridi  |  

Around a year after introducing the trading and custody of cryptocurrencies, PostFinance is expanding its offering to include the “staking” function. The banking services provider said this means that passive income can now be “generated by depositing cryptocurrencies.” PostFinance claims it is the first “systemically… Read More

January 19, 2025 @ 8:16 pm By Omar Faridi  |  

10x Banking, the cloud-native meta core banking platform, and DLT Apps, a firm focused on solutions for data migration, have partnered to leverage AI to set a standard in the banking industry’s digital transformation efforts. This partnership offers a migration journey from legacy and non-legacy… Read More