Do Kwon, Founder of Terraform Labs, Creator of Failed Stablecoin TerraUSD and Crypto Luna, to Stand Trial in Montenegro First: Report

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Do Kwon is expected to stand trial in Montenegro before facing charges in other interested jurisdictions. Kwon is the founder and CEO of Terraform Labs, the crypto company that created TerraUSD and LUNA. TerraUSD was an aspiring algorithmic stablecoin pegged to the US dollar. The… Read More




Digital Banking: Liberty Bank Launches Alkami’s Cloud based Platform

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced that Connecticut-based Liberty Bank has launched “the Alkami Digital Banking Platform, and is successfully converting a substantial portion of their customer base—approximately 150,000—to Alkami’s single… Read More

JPMorgan Chase Completes Quantum “Deep Hedging” Study, May Increase Risk Mitigation Capabilities in Financial Services

QC Ware and JPMorgan Chase (NYSE:JPM) have completed a study of quantum “deep hedging,” paving the way “for future increased risk mitigation capabilities in financial services.” In a new paper released on March 30th, 2023, JPMorgan Chase and QC Ware examined two questions “on how… Read More

Digital Identity Verification: The Co-operative Bank Selects Onfido to Automate Client Onboarding

Onfido, the global provider of automated digital identity verification, announced a partnership with The Co-operative Bank, the “original” ethical bank, “enabling a streamlined, secure digital identity verification for its new customers.” The partnership “enables customers to prove their identity online, meaning they can onboard quicker,… Read More

Payment Platform Regpack, Fintech Stripe to Expand Support for International Currencies

Regpack, a software leader that enables quick and simple automation of billing and other business processes, announced a partnership with Stripe, a financial infrastructure platform for businesses. With Stripe, Regpack will “enable its customers to expand services and receive payments in Euros, Yen and the… Read More

Cross River, FinClusive to Strengthen Fintech Ecosystem, Increase Access to Financial Services

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with FinClusive, a global Compliance-as-a-Service (CaaS) infrastructure provider for financial services, “to provide account and payment services to advance secure and compliant access to the financially underserved.” Gilles Gade,… Read More

Majority of Households Changed Budgets Amid Rising Economic Uncertainty, Marqeta Consumer Pulse Report Reveals

Marqeta (NASDAQ: MQ), the global modern card issuing platform, released its first Consumer Pulse Report. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, “conducted on its behalf by Propeller Research, the report details the effects… Read More

Fintech Earnix Releases Report Indicating Necessity of Flexible Loan Pricing Tech in Vehicle Finance Market

Market drivers for vehicle demand have been more volatile since early 2020 than any time in history and lenders require flexible pricing technology to stay competitive, according to the Competing and Capturing Customers in a Disrupted Auto Finance Market report. The paper published by Earnix,… Read More

DLT, Web3: IOTA to Support DeFi Ecosystem with ShimmerEVM Test Chain Launch

IOTA, the non-profit organization driving the development of an open, feeless, and highly scalable distributed ledger technology (DLT) for Web3 applications and digital economies, announces the launch of the ShimmerEVM test chain on the Shimmer testnet. With IOTA launching its incentivized staging network Shimmer last… Read More

Fintech Firm Neo Financial Launches Hybrid Neo Money Card as a Debit Card Alternative

Neo Financial is announcing the launch of the Neo Money card, expanding on the benefits of the high-interest Neo Money account with credit-like rewards when you spend. In 2022, Canadians “saw the largest increase in inflation since 1982 resulting in almost half (44%) of Canadians… Read More

GlobexUS Holdings, the Blockchain Platform Powering Upstream, Looks to Raise Money in Private Securities Offering

GlobexUS Holdings Corp., the company that powers Upstream – a digital asset marketplace, is pursuing an online securities offering to raise growth capital. Upstream is a joint venture with MERJ Exchange – the regulated marketplace based in Seychelles. Upstream has been announcing digital securities cross-listed… Read More


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Equitybee Launches Equity Value Finder to Price Private Shares

Stock options platform Equitybee has launched a new “Equity Value Finder,” a service designed to provide a market value for private shares. Pricing private shares has always been a challenge as you do not have a highly liquid marketplace to set a value as you… Read More

Cross Border Payments Now Available Between Singapore and Malaysia

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have partnered to announce QR codes for payments will now be accepted bilaterally. Users at participating financial firms will now accept in-person payments by scanning a physical code displayed on merchants as well as… Read More

Passwordless Authentication: Binance Joins the FIDO Alliance in Preparation for Passkey Implementation

The team at Binance is pleased to announce that they have officially joined the FIDO Alliance, which is described as one of the most “influential” and largest associations focused on developing passwordless authentication standards. Binance says they are committed to providing their users “with the… Read More

Mass Fintech Hub Expands Membership to Include M&T Bank, Academic Institutions, Emerging Financial Tech Startups

After a successful year of launching new event programming geared towards advancing Fintech in the Commonwealth, the Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, announced an expansion of its membership. Led by M&T Bank, the newest… Read More

Wealth Management: Northern Trust Integrated Trading Solutions on Steady Growth Path

Northern Trust Capital Markets (Nasdaq: NTRS)  reveals that it saw growth in its Integrated Trading Solutions business more than double over the past three years, “including 22 new clients added in 2022 as asset managers choose the platform for their outsourced trading needs.” Northern Trust… Read More

B2B AR Automation Fintech Billtrust Surpasses $100B in Payments Volume

Billtrust, a B2B accounts receivable (AR) automation and digital payments Fintech, surpassed $100 billion in payments volume in 2022, a 35% year-over-year increase and a first for the company. In addition, with CFOs and finance leaders seeking to bolster their financial resilience amid an economic… Read More

Private equity investment in banking sector down more than half in 2022 but Some Fintechs Getting Funded: S&P

Private equity investment in the banking sector was down by more than half in 2022, according to a recent report provided by S&P Global Market Intelligence. The drop in PE and VC money was driven by the obvious economic decline and rising interest rates. The… Read More

LendInvest Announces Mortgage Tech Meetup Series Chatting About Trends

LendInvest has launched a new Mortgage Tech Meetup event series to discuss the future of mortgage technology.  The inaugural session will focus on key trends in Mortgage Technology in 2023 and the Future of Lending. The discussion is expected to be centered on the state… Read More

Ethereum (ETH) Tools for Web3 Deployed by Electi Consulting, VeChain

Vechain explains that it is dedicated to building the optimal real-world-ready blockchain environment and “enabling full-scale adoption of web3 technologies.” Their Web3-as-a-service platform, VORJ, “offers builders one of the most versatile blockchain tool suites on the market, and caters for users with little-to-no experience building… Read More

Supply Chain Finance Firm Finverity Finalizes $5M in Equity Funding as Revenues Grow Steadily

Finverity, the digital ecosystem for trade and supply chain finance, announces it has raised $5 million in an equity funding round from new and current investors. New investors reportedly “include London-based Fintech specialist Outward, Amsterdam-based Acrobator Ventures and US-based s16vc founders fund with follow-on investments… Read More

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