October 26, 2021 @ 11:28 pm By Tony Zerucha  |  

The British Business Bank this week announced the Recovery Loan Scheme has passed a significant milestone, with 76 accredited lenders having offered more than £1bn to smaller UK businesses. Of the £1.06 billion of funding offered through 6,190 facilities so far, £822.8m has been drawn… Read More

October 26, 2021 @ 11:12 pm By Omar Faridi  |  

Wolters Kluwer Compliance Solutions and NYDIG, a provider of Bitcoin (BTC) platform solutions, have entered an agreement where Wolters Kluwer will act as an “exclusive” vendor to interested financial institutions seeking assistance in meeting their regulatory and compliance requirements while “exploring and implementing services for… Read More

October 26, 2021 @ 10:47 pm By Omar Faridi  |  

Transact, the payment solutions provider for a connected campus, announced the launch of its Transact International Payments offering that provides universities with an improved approach to accepting global currencies. Through a partnership with TransferMate, a regulated payments infrastructure-as-a-service, Transact will aim to support the processing… Read More

October 26, 2021 @ 10:36 pm By JD Alois  |  

Tomorrow (Wednesday), the UK Chancellor of the Exchequer Rishi Sunik will provide an update on the government’s 2021 budget plans. HM Treasury has already revealed much information on its tax and spending plans. While the Chancellor will have more to share, a good outline of… Read More

October 26, 2021 @ 10:33 pm By Omar Faridi  |  

Payments and API banking solutions firm, Cashfree Payments reveals that it has introduced PAN (Permanent Account Number) Verification on Cashfree Payments Verification Suite. This new feature should enable merchants to perform a single online PAN verification or bulk pan verification of as many as 10,000… Read More

October 26, 2021 @ 10:04 pm By Tony Zerucha  |  

Binance NFT, the NFT marketplace of Binance, recently announced the launch of its first-ever initial game offering (IGO). The IGO is part of Binance’s brand new initiative to build the ultimate launchpad for NFT games and gamers, the company said. Initial game offerings provide individuals… Read More

October 26, 2021 @ 10:01 pm By Omar Faridi  |  

Denim Social reveals that it has finalized a $5 million Series B round with FINTOP Capital and partner, JAM FINTOP BankTech, an investment fund focused on helping to develop and accelerate tech adoption at community banks across the US. The proceeds will be channeled towards… Read More

October 26, 2021 @ 9:58 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted the agendas for two upcoming Asset Management Advisory Committee (AMAC)  meetings. The first is on October 28 and the second on November 3. According to the SEC, the two meetings will include a discussion of matters in… Read More

October 26, 2021 @ 9:35 pm By Omar Faridi  |  

Nium, a company focused on payments and card issuance for businesses, has launched a global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the US markets. Initial API-based elements from the new CaaS offering will enable financial institutions to “add… Read More

October 26, 2021 @ 9:26 pm By Tony Zerucha  |  

Data presented by MejoresApuestas.com confirms OpenSea is the dominant NFT marketplace. That space is growing dramatically, as market volume topped $15 billion last week. Last week, all-time trading volume on OpenSea surpassed $9.4 billion, a figure representing 60 per cent of all marketplace trading volume…. Read More

October 26, 2021 @ 5:53 pm By Tony Zerucha  |  

A new digital asset company was announced at Money2020 today, and based on its executive roster it has a chance to make waves in the industry. Cion Digital has been operating in stealth mode for several months as it quietly introduced the Cion Blockchain Orchestration… Read More

October 26, 2021 @ 5:14 pm By Tony Zerucha  |  

Payveris, a real-time money movement provider for financial institutions and their partners, today announced today the launch of Bill Center, powered by Paymentus’ Instant Payment Network ecosystem. Bill Center is a fully unified payment hub that provides consumers with a 360-degree view across all bills… Read More

October 26, 2021 @ 3:12 pm By JD Alois  |  

Valereum Blockchain Plc (AQSE: VLRM) has signed an agreement to purchase 80% of the shares of the Gibraltar Stock Exchange (GSX). Terms of the deal were not disclosed. According to a statement by GSX Group, the exchange group will retain the remaining 20% of outstanding… Read More

October 26, 2021 @ 3:09 pm By Omar Faridi  |  

Arturo, an artificial intelligence-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, announced that it has joined the Amazon Web Services (AWS) Partner Network (APN). By joining the APN, Arturo becomes part of the international community of Partners that are… Read More

October 26, 2021 @ 2:53 pm By Tony Zerucha  |  

Global branded payments provider Blackhawk Network and global buy now, pay later firm Zip (formerly known as Quadpay) this week introduced new ways to purchase gift cards just in time for the holiday season. The partnership will integrate Blackhawk’s branded payments network to more than… Read More

October 26, 2021 @ 2:29 pm By Tony Zerucha  |  

Crypto wallet and payments platform Zumo this week released the report Decarbonizing Crypto: A state of play. It is a cross-sector effort to explore the carbon footprint of cryptocurrencies and the task of decarbonization. The report also explores the complexities of decarbonization and how the… Read More

October 26, 2021 @ 2:24 pm By Tony Zerucha  |  

FTSE Russell and Digital Asset Research (DAR) today announced the launch of the FTSE Russell Digital Asset Index Series. Debuting this week are the FTSE Bitcoin Index, the FTSE Ethereum Index and the FTSE Cardano Index. The FTSE Digital Asset Index Series is designed to… Read More

October 26, 2021 @ 2:21 pm By JD Alois  |  

Regulation Crowdfunding (Reg CF) has topped $1 billion – five years after the securities exemption became actionable for issuers in need of growth capital. According to Crowdfund Capital Advisors (CCA), 1.2+ million investors have backed over 4500 companies to achieve this milestone. The third quarter… Read More

October 26, 2021 @ 2:05 pm By Omar Faridi  |  

Anti-money laundering specialist SmartSearch is planning to hire 20 new staff members before the end of 2021. The Regtech firm says that it’s onboarding new talent so that they can support their business growth. There are many roles currently available. They range from graduate and… Read More