Omar Faridi

Ethereum (ETH) Pectra Upgrade to Go Live on May 7, Will Aim to Enhance Staking and UX with EIPs

Ethereum, the world’s second largest crypto by market cap and the leading smart contract platform, is gearing up for its next significant milestone: the Pectra upgrade. Initially hampered by configuration hiccups during testnet activations on Holesky and Sepolia, this Ethereum upgrade is now set to… Read More

Global Fintech Adyen Partners with LegalZoom as Its Payments Provider

Adyen (ADYEN:AMS), the global financial technology platform of choice for leading businesses, has partnered with LegalZoom, an online platform for legal services, to optimize its payments processes. With a unified solution, Adyen will streamline LegalZoom’s payment processes which will “reduce complexity and administrative overhead.” Adyen’s… Read More

Xero Offers Tap to Pay on iPhone for Australian SMBs with a Stripe Account to Accept Contactless Payments

Xero, the small business platform, has launched Tap To Pay on iPhone, enabling Xero customers in Australia with a Stripe account to accept in-person contactless payments with their iPhone and the Xero Accounting app — “no additional hardware or payment terminal needed.” Tap to Pay… Read More

Flexible Payments : Klarna Plus Marks First Year in the US, Indicating Momentum in Subscription Services

Klarna, the AI-powered payments and commerce network, is marking the one-year milestone of its first subscription service Klarna Plus, which on average has surpassed nearly “35,000 signups a month in the US since its launch in January 2024.” Klarna claims that it is now outpacing… Read More

Global Fintech Airwallex Reports Revenue Growth in Singapore and Reveals SME Trends Shaping Business Activities

Airwallex, a payments and financial platform, reported FY2024 performance in Singapore. According to a release from global Fintech Airwallex, FY2024 revenue in Singapore more than doubled, growing 153% YoY, fueled “by strong transaction volumes and a standout Q4.” Lucy Liu, President and Co-founder, Airwallex said:… Read More

European Investment Infrastructure Provider Upvest Focuses on Growth in the UK Market

With an FCA license in hand, a new London HQ, and three UK clients set to go live by year-end, Upvest says it is entering its next phase of growth in Europe’s “most dynamic” investment market: the UK. Leading the charge is Symmie Swil, a… Read More

British Business Bank Agrees to New Facility with BFS Marine Finance

The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will “allow BFS Marine Finance to provide secured financing… Read More

Chainalysis and Spanish National Police Dismantle Ponzi scheme that Defrauded 50,000+ Victims

Chainalysis partnered with the Spanish National Police in Operation Bonanza to dismantle an international Ponzi scheme that defrauded over 50,000 victims worldwide. This operation, which reportedly amassed more than $500 million in cryptocurrency, underscores the importance of technology and public-private collaboration in combating illicit financial… Read More

Bitcoin (BTC) and Ethereum (ETH) Blockchain Network Milestones Signal Potential for Considerable Growth

Bitcoin (BTC) and Ethereum (ETH) have solidified their positions as robust, decentralized networks with potential for growth and adoption across web3 and DeFi. Recent milestones—Ethereum’s evolving ownership landscape and Bitcoin’s record-breaking hashrate (basically the amount of computing power securing the BTC network)—underscore their resilience and… Read More

Republic Joins Injective to Enable Convergence of TradFi and DeFi

Republic has announced that it is now a validator on Injective, a “fast, interoperable” layer-one blockchain, seeking to advance the convergence of traditional finance (TradFi) and decentralized finance (DeFi). As explained in a blog post, Injective is a Layer 1 that’s “purpose-built for finance.” The protocol delivers sub-second… Read More

Optty and Fintech GoCardless to Bring Global Bank Payments to Australian Businesses

Bank payment company GoCardless announced a partnership with Optty, a payments API platform, to help businesses in Australia to simplify their payment processes, “operate more efficiently, and scale with ease.” This will allow customers to collect bank payments directly within the Optty platform, without the… Read More

Regtech Hawk Reports $56M Series C as Banks Adopt Its AI to Combat Financial Crime

Alexander Hamilton Money Dollars USD

Hawk, the provider of AI-powered anti-money laundering (AML), screening and fraud prevention solutions, announced its $56 million Series C round of funding. Hawk is the chosen partner for more than “80 customers globally, ranging from large banks to mid-market financial institutions and fintechs.” Its technology… Read More

Galaxy Digital Obtains SEC Approval for Relocation to Delaware, Nasdaq Listing Planned for May 2025

Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the Registration Statement on Form S-4 relating to the company’s previously announced reorganization and domestication from the Cayman Islands to Delaware and proposed “listing on the Nasdaq Global Select… Read More

Worldcoin Foundation Launches Continuous Program to Support Innovation in Digital Economy

The Worldcoin Foundation has introduced an enhancement to its community grants program that will aim to streamline the application process and provide more opportunities for innovation from community builders worldwide. Instead of its wave-based structure, the Worldcoin Foundation explains in a blog post that it… Read More

Yieldstreet Introduces Automated Private Markets Investing Solution

Yieldstreet, a private markets investment platform, has recently announced the upcoming launch of Yieldstreet 360 Managed Portfolios — what it believes to be the “first” automated private markets investing solution. This investing solution is designed to remove traditional barriers to private markets, offering “diversified exposure… Read More

SEI Investments and Ctrl Alt to Participate in Bank of England’s Digital Securities Sandbox

SEI (NASDAQ:SEIC) announced that SEI Investments (Europe) Limited will partner with Ctrl Alt, a tokenization platform, and participate in the Bank of England’s Digital Securities Sandbox (DSS). The DSS aims to facilitate innovation in market infrastructure and protect financial stability and market integrity by “evaluating… Read More

Hedera Adopts Chainlink Standard for Cross-Chain Interoperability

Hedera has recently announced that the Chainlink standard for cross-chain interoperability is live on mainnet. Developers can leverage the Chainlink Cross-Chain Interoperability Protocol (CCIP) to build apps that can transfer tokens, “send messages, and initiate actions across the multi-chain economy.” Chainlink CCIP supports 46+ other… Read More

Aberdeen Builds on UK Pension Pool Offering with £3B of Policies Transferring from Phoenix Life Ltd

Global investment company Aberdeen announces that £3bn of pension scheme policies have transferred from Phoenix Life Limited to abrdn Life and Pensions Limited. The transfer relates to a specific book of business “where the policyholders are typically pension scheme trustees.” It highlights the strength and ambition of… Read More

Anchorage Digital Becomes Digital Assets Service Provider for BlackRock

Anchorage Digital, the U.S. federally chartered digital asset bank, is announcing that it has deepened its relationship with BlackRock to provide digital asset custody in order to meet growing digital asset demand from retail and institutional clients. Anchorage Digital Bank N.A. is being named “an… Read More

UK’s NatWest Invests in Credit Card Platfom Yonder

NatWest has announced a minority investment in Yonder, a credit card platform that provides customer experiences through “lifestyle-led rewards.” Yonder provides a financial lifestyle platform “that brings together people, money and experiences.” Predominantly targeting young professionals and expats, their platform offers its members “a range… Read More

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