Search Results for: tile

Corporate Venture Capital backed Deals Fall as Industry Participants Shield Themselves from Volatile Tech Market – Report

Corporate venture capital-backed deals and dollars fall to multi-year lows as CVCs shield themselves from the volatile tech market, according to a report from CBInsights. CBInsights noted in its latest update that the corporate venture capital (CVC) market has constricted “amid corporate belt-tightening and subdued… Read More

MENA Region’s Saudi Tadawul Group Holding Company Enters Agreement to Acquire Stake in Dubai Mercantile Exchange

Saudi Tadawul Group Holding Company (STG), a diversified capital markets group in the MENA region, has entered into a binding agreement with existing shareholders of DME Holdings Limited in order to “acquire a 32.6% stake in Dubai Mercantile Exchange (DME), one of the leading international… Read More

Investors Should “Buckle Up” as Markets Could Drop by Up to 20% During a Volatile Q1 2024, Fintech Industry CEO Says

Investors should “buckle up” as markets are likely to be volatile in the first quarter of 2024 and could drop by up to 20% – but you could find there are more opportunities to make money, affirms the CEO of an independent financial advisory and… Read More

London Stock Exchange Post Trade Firms Quantile and LCH ForexClear Deliver FX Smart Clearing Service

Quantile and LCH ForexClear, both LSEG Post Trade businesses, announced they have delivered the market’s first FX Smart Clearing service. The service, which went live “on 15th November, enables participants to selectively clear FX Forwards via LCH ForexClear to significantly reduce capital requirements and counterparty… Read More

Prontoblock, Mercantile Bank International to Support $1.25T Commercial Paper Market via Tokenization

Prontoblock, a digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to enhance the commercial paper market “through the tokenization of these financial instruments.” This partnership will empower MBI clientele “to engage in the purchase… Read More

Open Banking: Topps Tiles, Financial Tech Firm TrueLayer Introduce Instant Bank Payments

Topps Tiles, the UK’s tile specialist founded in 1963, is a “household name” with over 300 stores nationwide. The well-known retailer always aims “to provide an inspirational shopping experience and an unrivalled product range, coupled with exceptional convenience — a philosophy that crosses over onto… Read More

Automated Decisioning Platform Taktile Launches Data Marketplace with Major Providers to Assist Lenders

Taktile, the automated decisioning platform, announced the launch of its Data Marketplace as part of its mission to revolutionize how fintechs and banks harness data to make decisions. The Taktile Data Marketplace is described as “a one-stop ecosystem of leading data providers that enables customers… Read More

SaaS Startup Apptile Secures $2.5M for No-Code Platform Enabling Shopify Businesses to Develop Mobile Apps

Apptile, an SaaS startup specializing in no-code mobile app development, has secured $2.5 million in seed funding. The funds will be used “to launch Apptile’s innovative platform, allowing Shopify businesses to create customized, high-performance mobile apps without the need for coding or design experience.” The… Read More

As Fear of Bank Contagion Rises, So Does Bitcoin as Top Digital Asset Shines in Volatile Environment

While US Secretary of the Treasury Janet Yellen claims the situation is stabilizing – not everyone in the banking sector is as certain.  Typically considered a mundane sector of finance and investing, US banks have tanked as everyone became aware of problematic balance sheets. While… Read More

BNPL: Bread Financial, Versatile Credit to Introduce Buy Now, Pay Later to the Versatile Platform

Bread Financial Holdings, Inc. (NYSE: BFH), a “tech-forward” financial services company that provides simple, flexible payment, lending and saving solutions, announced a new relationship with Versatile Credit Inc., a provider of innovative solutions “linking bank lenders with consumers applying for credit in retail stores.” Through… Read More

Andy Rachleff, Co-founder at Wealthfront, Explains Why Investors Should Continue Investing in Volatile Markets

Andy Rachleff, co-founder and Executive Chairman at Wealthfront, which recently agreed to be acquired by UBS, says that we should keep investing even while the market is volatile. Andy writes in a blog post that when markets are volatile (as they are currently), investors sometimes… Read More

Cross River Partners with PayTile to Provide Location-Based Payments Platform

Cross River Bank, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions, recently announced that it will be powering PayTile, a Fintech firm that provides location-based payments via their app. PayTile is reportedly one of the first ever peer-to-peer (P2P) payment… Read More

London Stock Exchange Agrees to Acquire Portfolio Optimization Platform, Quantile

The London Stock Exchange (LSE) has reportedly agreed to terms in order to acquire portfolio optimization platform Quantile, further extending its post-trade offerings to the over-the-counter (OTC) derivatives market. Over the years, Quantile has managed to expand its team to more than 80 employees, with… Read More

UK’s Open Banking Fintech TrueLayer Appoints Tilen Chetty, Dan Gaskin to Focus on APAC Expansion

TrueLayer, the global Open Banking solution provider, reveals that it has hired technical professionals in Australia in order to expand operations in the APAC region. Tilen Chetty will be joining TrueLayer in Sydney as Product Lead and Dan Gaskin will be working out of the… Read More

BIS Says Volatile Cryptos like Bitcoin Failed as Payment Method, but Stablecoins, CBDCs May be Effective for Transactions

The Bank for International Settlements (BIS), a global financial institution that’s owned by reserve banks and aims to “foster international monetary and financial cooperation and serves as a bank for central banks,” notes that advancements in technology, along with rising demand for digital payment methods… Read More

As Criticism of Robinhood Rises, Investment Platform Says it Will Allow “Limited” Buys of Volatile Securities Like GameStop

Robinhood is retreating a bit in its decision to curtail trading in shares of GameStop and other securities like AMC Entertainment that have been the focus of traders communicating on Reddit. The investment Fintech has just announced it will allow limited buys in these volatile… Read More

Bitcoin (BTC) has Become Less Volatile than Many S&P 500 Stocks, As it Approaches its All-Time High of Nearly $20,000

Bitcoin (BTC), the world’s leading digital currency that’s trading at over $18,000, has become less volatile than many S&P 500 stocks. The team at VanEck, a New York-based investment management firm, has noted: “Historically, Bitcoin has been discussed in the news and among investors as… Read More

Bitcoin Mercantile Exchange Launches BitMEX Mobile, the Crypto Derivatives Platform’s Trading App for Smartphone Users

The Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform in terms of volume, has introduced support for mobile trading. The Seychelles-registered and Hong Kong operated exchange noted: “As part of our promise to our users to keep improving our offering, we’re delighted… Read More

Coinbase CEO Brian Armstrong Claims Apple has been “Very Restrictive and Hostile” to Cryptocurrency

Brian Armstrong, CEO at San Francisco-based Coinbase, a leading digital asset exchange, claims that Apple (NASDAQ: AAPL) has been “very restrictive and hostile” to cryptocurrency during the past few years. Armstrong says that Apple is “still blocking some functionality right now, including the ability to… Read More

Bitcoin Mercantile Exchange Introduces Corporate Accounts with Enhanced Security and Improved Accounting Features

The Hong Kong operated Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform, is introducing a program that will reportedly offer special benefits to corporate clients – which may include improved security and accounting services. As mentioned on BitMEX’s website: “The BitMEX Corporate… Read More

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