Search Results for: UBS

Digital Assets Firm Copper Partners with DigiFT to Support UBS uMINT Token

Copper, a key player focused on digital asset custody, collateral management, and prime services announces its support for UBS uMINT, the first tokenized investment fund launched by UBS Asset Management and distributed through DigiFT, a regulatory-compliant exchange for on-chain real-world assets This partnership enables custody… Read More

UBS Trials ZKsync Tech for UBS Key4 Gold

UBS (NYSE:UBS) completed a Proof-of-Concept (PoC) that simulated the UBS Key4 Gold offering on a ZKsync Validium in a test environment. The test was designed to provide solutions regarding scalability, cost, privacy, interoperability with Ethereum, and “ease of access for transacting assets.” ZKsync Validium, an… Read More

TXSE Group Closes $161M Raise as Subsidiary Files for National Exchange Status

TXSE Group Inc announced that its subsidiary, the Texas Stock Exchange LLC (TXSE), has filed a Form 1 registration with the U.S. Securities and Exchange Commission to operate as a national securities exchange. This filing, one of the few submitted by a fully integrated exchange… Read More

IDB Bank, Subsidiary of Israel Discount Bank, Enlists ThetaRay to Leverage AI to Battle Financial Crime

Regtech ThetaRay will work with IDB Bank, a subsidiary of Israel Discount Bank LTD, to combat financial crime. IDB Bank is an FDIC-insured commercial bank based in New York with offices in California, Florida, and the tri-state area. ThetaRay uses cognitive AI to combat financial… Read More

Digital Currency Group, Former CEO of Subsidiary Genesis Global Capital Settle Charges with $38.5 Million Penalty

The Securities and Exchange Commission said that it had settled charges against Digital Currency Group Inc. (DCG), and Soichoro “Michael” Moro, the former CEO of DCG’s now-defunct subsidiary, Genesis Global Capital LLC. The settlement entails the payment of a civil penalty of $38.5 million. The… Read More

HeavyFinance Secures Substantial Investments in 2024, Expands Impact Across Europe and Ukraine

2024 has reportedly been a solid year for HeavyFinance, marked by significant milestones, partnerships, and a focus on sustainable agriculture. From securing investments and launching various initiatives to expanding their impact across Europe and Ukraine, the company reports it has made strides in driving the… Read More

UK’s Digital Bank OakNorth Participates in Club Loan to STAR Capital to Support Buy-Out of Subsea Technology & Rentals

OakNorth, the digital bank for entrepreneurs, has partnered with HSBC and Santander on a club lending facility to Star Capital to support its buy-out of Subsea Technology & Rentals (STR). The capital will reportedly enable STR to evolve its equipment and service offering via “organic… Read More

OurCrowd Says Abu Dhabi Subsidiary Onboards First AI Firms

OurCrowd revealed a new VC investment center in Abu Dhabi to manage deals for its platform while expanding its market back in late 2022.  At the same time, the investment platform announced an AI hub named Integrated Data Intelligence Ltd (IDI), which seeks to develop… Read More

Crypto Ecosystem Report: Decentralized AI Startups Secured Substantial VC Funding

In Q3 2024, the crypto sector saw a “steep decline” in funding, with a 31.1% QoQ drop in deal value to $1.7 billion as well as a substantial 25.3% decrease in deal count to 392 deals. This, according to a report from PitchBook. PitchBook noted… Read More

Swift, UBS Asset Management, Chainlink Complete Pilot to Bridge Tokenized Assets with Payments Systems

Swift, UBS Asset Management, and Chainlink have completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would reportedly enable digital asset transactions to settle with fiat payment systems across more than 11,500 FIs, across 200+ countries and territories…. Read More

Banco Santander, Lloyds Banking Group, UBS Complete Uncleared Bilateral Margin Payments via Fnality Payment System

Banco Santander, Lloyds Banking Group, and UBS have  completed the first uncleared bilateral margin payments using a digital representation of central bank funds on the Sterling Fnality Payment System (£FnPS). This “real-world” proof-of-concept reportedly “proves” that Fnality can be used to make bilateral margin payments… Read More

Pinwheel’s Bill Navigator Launches to Save Money on Unused Subscriptions

Pinwheel, a Fintech developing account activation and engagement products, this week introduced Bill Navigator, a solution to help banks, credit unions, and fintechs save their customers money on unused subscriptions and manage their recurring bills from within their banking app. A recent consumer study conducted by CNET… Read More

Consumer Spending Report: Higher Cost of Living Leading to Cancellation of Subscriptions with Recurring Payments

Research and key insights released by Adyen (ADYEN:AMS), the global financial technology platform of for international businesses, reveals 40% of consumers have already, or are planning to, “unsubscribe” from services and products they’ve set up recurring payments with over the “next 12 months.” The data… Read More

Digital Assets Market Expanded from Bitcoin as Single Asset to Ecosystem of 4 Asset Classes, 14 Sectors, 41 Subsectors – Report

Coin Metrics has released a report entitled, The Crypto Universe Through the Lens of datonomy. Tanay Ved and Matías Andrade from Coin Metrics noted that the crypto universe has expanded from a single asset in 2009 to “a vast ecosystem of 4 asset classes, 14… Read More

Yorba Expands Subscription-Tracking Service to Canada

Yorba, a platform that helps people declutter their digital footprint, has officially expanded its subscription tracking services to Canada. First launched in the United States, Yorba’s paid subscription tracking feature now helps more people to easily see, manage, and reduce their monthly and annual subscription… Read More

VP Kamala Harris Must Add Substance to Platitudes to Woo Crypto Voters: Kravchunovsky

Vice President Kamala Harris needs to add some meat to the bones if she wants to woo cryptocurrency adherents with her words, Chirp founder and CEO Tim Kravchunovsky said this week. Chirp is a decentralized telecommunications network. Kravchunovsky made the comments after a speech the… Read More

Euronext Announces Acquisition of Substantive Research

Euronext has reportedly acquired research and market data benchmarking provider Substantive Research. Euronext confirmed that it has acquired 100% of Substantive Research, a company that is providing in-depth transparency on product and pricing comparison “for investment research spend, market data and investment research content.” Founded… Read More

SUBSCRIBE Alternative Investment Tech Platform Now Available to Financial Advisors Affiliated with MML Investors Services

The SUBSCRIBE alternative investment technology platform that helps institutional and wealth manager firms digitalize, centralize, and operate their complex private market programs is now available to financial advisors affiliated with MML Investors Services, a  independent broker/dealer and investment adviser subsidiary of MassMutual Vaughn Bowman, CFA,… Read More

FCA Takes Enforcement Action Against Coinbase Subsidiary

CB Payments Limited (CBPL) has been fined £3,503,546 by the UK’s Financial Conduct Authority (FCA) for repeatedly breaching a requirement that “prevented the firm from offering services to high-risk customers.” CBPL is part of the Coinbase Group, which operates a cryptoasset trading platform that is… Read More

MultiSafepay Now a Subsidiary of Ant International, Will Provide Payment Solutions to European SMEs

MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services, a payment and digitization services provider under Ant International, announced that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment… Read More

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