October 19, 2018 @ 3:34 pm By Cali Haan  |  

Florida law firm Silver Miller has combined six class action cases against BitConnect into one case, and the case will be pursued in the U.S. District Court for the Southern District of Florida, Coindesk reports. Silver-Miller has asked for a jury trial. The case not… Read More

October 19, 2018 @ 3:00 pm By Samantha Hurst  |  

India’s cryptocurrency exchange Zebpay announced on Friday it officially commenced operations from Malta. The crypto exchange reported it received a welcome from Malta’s Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister Silvio Schembri who expressed his satisfaction over… Read More

October 19, 2018 @ 1:00 pm By Samantha Hurst  |  

American Express (NYSE: AXP) announced on Thursday it has expanded its strategic partnership with PayPal (NASDAQ: PYPL). According to the duo, this partnership that will improve the digital payments experience for U.S. American Express Card Members paying with PayPal and Venmo. Through the partnership, the companies… Read More

October 19, 2018 @ 12:19 pm By Cali Haan  |  

Rwandan government minister and CEO of the Rwandan Mining, Petroleum and Gas Board, Francis Gatare, says he has struck a deal with enterprise-blockchain developer Circulor to start tracking the country’s tantalum supply using Circulor’s version of Hyperledger Fabric. According to Gatare: “Rwanda Mines, Petroleum and Gas… Read More

October 19, 2018 @ 11:17 am By Aubrey Hansen   |  

The European Union does not need to seek out any problems for the moment, with the highly publicized ‘divorce’ from the UK taking place in the full media spotlight, but it’s easy to forget that, as things stand, the EU is also taking its approach… Read More

October 19, 2018 @ 10:46 am By Samantha Hurst  |  

FundGuard, a U.S.-based cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, announced on Friday it secured $4 million through its seed funding round, which was led by venture firms Blumberg Capital and LionBird. The company also launched its… Read More

October 19, 2018 @ 10:14 am By JD Alois  |  

Stephen Hammond, a Member of Parliament and current Member of the UK Treasury Select Committee, has agreed to advise IronX on government relations.  IronX is a cryptocurrency exchange that “aims to bring crypto trading to the mass retail market. IronX has also reported the successful… Read More

October 19, 2018 @ 10:03 am By JD Alois  |  

Leading marketplace lending platform LendingClub (NYSE:LC) has partnered with Intuit (NASDAQ:INTU) and their Turbo product to speed up the borrowing process. According to the two companies, TurboTax data can now automatically flow directly into the LendingClub loan application and thus the borrowers may bring their… Read More

October 19, 2018 @ 9:52 am By Samantha Hurst  |  

Accenture (NYSE: ACN) announced earlier this week it has acquired TargetST8 Consulting, a privately held financial services consulting firm specializing in corporate and commercial lending, with offices in New York. According to Accenture, TargetST8 focuses exclusively on the financial markets. By serving leading banks and investment firms in… Read More

October 19, 2018 @ 9:05 am By Samantha Hurst  |  

KoreConX  announced earlier this week that Evoke Capital will now be integrated into its KorePartners ecosystem. The KorePartner ecosystem is a group of selected companies that support the KoreConX security token protocol and adhere to KoreConX’s strict governance standards. Evoke Capital is described as an online… Read More

October 19, 2018 @ 9:01 am By JD Alois  |  

The North American Securities Administrators Association (NASAA), the group that represents state, provincial and territorial securities regulators, has published their annual enforcement report for 2017. Each year, NASAA correlates a summary of all the legal actions, including penalties and criminal prosecution from the US, Canada and… Read More

October 19, 2018 @ 8:05 am By JD Alois  |  

The Financement Participatif France (FPF), the French Crowdfunding Association, has published an interesting blog post this week. According to the FPF, there are rumors which have been published about a distressed online lending platform. The FPF does not mention any platform names. Today, there are over 60… Read More

October 19, 2018 @ 7:57 am By Samantha Hurst  |  

Tez Financial Services, a Pakistan-based fully digital Non-Bank Microfinance Company (NBMFC),  announced on Friday it secured $1.1 million in a seed round led by Omidyar Network, the impact investment firm established by eBay founder, Pierre Omidyar, with participation from Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, and Planet N…. Read More

October 19, 2018 @ 7:16 am By Cali Haan  |  

US Marshals have announced that they will sell 660 bitcoins in two online sealed-bid auctions November 5th between 8 AM to 2 PM EST. A deposit of $200 000 USD per series is required by October 31st, 2018 to participate. The bitcoins on auction were… Read More

October 18, 2018 @ 4:49 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday it has appointed former Tesla executive, Denise Leleux, as its new Senior Vice President for Supplier Services. AvidXchange reported that while at Tesla, Leleux led Global Customer Experience for the… Read More

October 18, 2018 @ 4:19 pm By Samantha Hurst  |  

BBVA announced on Thursday it has formed a partnership with fintech venture investor and builder Anthemis Group (Anthemis) to build a venture creation studio in London. According to BBVA, this new studio will create value by deploying capital and resources to building businesses that address untapped user… Read More

October 18, 2018 @ 3:42 pm By JD Alois  |  

The Securities and Exchange Commission has obtained final judgement against Richard J. Greenlaw, a founder of a medical marijuana company. According to the SEC, Greenlaw created 20 affiliated entities and then raised $500,000 from investors by using Craigslist – the popular online classified site. The twenty cannabis-related… Read More

October 18, 2018 @ 3:06 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has launched a new “FinHub” described as a strategic hub for innovation and financial technology or Fintech. According to the SEC, the FinHub will serve as a resource for public engagement on the SEC’s Fintech related issues and initiatives. These… Read More

October 18, 2018 @ 1:57 pm By JD Alois  |  

Last week, the North Dakota Securities Commissioner Karen Tyler issued three separate Cease & Desist (C&D) orders against three initial coin offerings (ICOs). The new C&Ds are part of an ongoing initiative by the Commissioner and the Department’s ICO Task Force which is investigating questionable… Read More