Search Results for: tile

March 9, 2025 @ 10:34 pm By Omar Faridi  |  

On March 6, 2025, Brazil’s Central Bank, the Banco Central do Brasil, released a statement following the 259th meeting of its Monetary Policy Committee (Copom), announcing that the Selic rate—the country’s benchmark interest rate—would remain unchanged at 10.50% per year. This decision reflects a unanimous… Read More

March 5, 2025 @ 10:40 am By JD Alois  |  

Following President Donald Trump’s announcement of his intent to create a Crypto Strategic Reserve, certain digital assets saw their prices rocket—only to collapse in the ensuing days. For example, Bitcoin, the most popular crypto in the world, rose by 10%. XRP jumped 33%, and AdA rocketed by 65%. But… Read More

February 28, 2025 @ 1:06 pm By Omar Faridi  |  

Taktile – a decision automation platform – has reportedly raised $54 million in a Series B funding round, to continue enabling teams at fintech companies and financial institutions to optimize risk management strategies across the customer lifecycle. The investment round in the company was reportedly… Read More

December 27, 2024 @ 3:28 pm By Omar Faridi  |  

As the year 2024 comes to a close, it’s wise for financial institutions and Regtech (regulatory technology) providers to pause and assess the evolving sanctions landscape, particularly with the U.S. preparing to transition to a new administration in 2025. This, according to an update from… Read More

November 21, 2024 @ 7:17 am By Omar Faridi  |  

The European Central Bank (ECB) sees elevated financial stability vulnerabilities in a volatile environment, according to its November 2024 Financial Stability Review. Risks to euro area economic growth have shifted to the downside as inflation has moved “closer to 2%,” while financial markets have “experienced… Read More

November 5, 2024 @ 7:46 am By JD Alois  |  

In the past week, Bitcoin (BTC) has swung between ~$73,000 and $64,000 displaying significant volatility in the run up to today’s Presidential election. Conventional wisdom is that crypto markets will boom if former President Donald Trump is elected. Things are so clear if Vice President… Read More

August 22, 2024 @ 4:15 pm By JD Alois  |  

Fintilect, a banking service provider serving both UK and US banks and other financial services firms, says it is now offering a new generation of “hyper-personalized banking solutions. The company claims that its platform will enable its clients to recognize and communicate with their individual… Read More

May 6, 2024 @ 7:45 am By Omar Faridi  |  

Topps Tiles, the UK’s tile specialist, has tapped bank payments company GoCardless to power the payments behind Trade Pay, its newly launched trade credit scheme which gives traders the ability to regularly pay on credit in Topps Tiles stores. Thanks to GoCardless, traders can now… Read More

March 9, 2024 @ 2:45 pm By Omar Faridi  |  

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

January 22, 2024 @ 9:36 pm By Omar Faridi  |  

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

January 8, 2024 @ 10:29 pm By Omar Faridi  |  

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

November 26, 2023 @ 10:31 pm By Omar Faridi  |  

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

August 12, 2023 @ 4:20 pm By Omar Faridi  |  

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

May 22, 2023 @ 11:06 pm By Omar Faridi  |  

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

May 10, 2023 @ 12:26 pm By Omar Faridi  |  

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

April 10, 2023 @ 6:32 pm By Omar Faridi  |  

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

March 21, 2023 @ 3:48 pm By JD Alois  |  

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

November 30, 2022 @ 11:27 am By Omar Faridi  |  

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

February 24, 2022 @ 8:42 am By Omar Faridi  |  

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

February 5, 2022 @ 12:32 pm By Omar Faridi  |  

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