December 26, 2024 @ 9:27 pm By Omar Faridi  |  

Stablecoins are a trillion dollar opportunity and that is not hyperbole, according to an extensive update from Pantera Capital. Although crypto is often thought of for its volatility, tokens, and liquidity-profile, Ryan Barney and Mason Nystrom from Pantera Capital pointed out that the other side… Read More

December 26, 2024 @ 8:26 pm By Omar Faridi  |  

Zid, Saudi Arabia’s commerce enablement platform, has unveiled ‘Total Commerce’ – which is described as a unified ecosystem redefining digital retail – at Ripple 2024. The development is said to be important for retail innovation in Saudi Arabia and across the region as well. Sultan… Read More

December 26, 2024 @ 7:44 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the expansion of its equity research offering with the addition of Healthcare, initially focused on the biotechnology sector. The expanded research offering complements Clear Street’s prime brokerage and clearing… Read More

December 26, 2024 @ 7:30 pm By Omar Faridi  |  

Bridgetower Capital, a provider of AI and Web3 platform services and infrastructure, InterVision Systems, a Managed Service Provider and key player focused on innovative IT solutions, and ProvLabs, a provider of enterprise-grade APIs and SaaS solutions that enable regulated firms to deploy digital assets on… Read More

December 26, 2024 @ 7:25 pm By Omar Faridi  |  

Ethereum (ETH) is still leading the way overall, however, Solana (SOL) is steadily gaining ground (and fast), according to new industry report. The 2024 Electric Capital Developer Report reveals that as far as blockchain / web3 developer activity goes, there have been solid developments this year…. Read More

December 26, 2024 @ 7:23 pm By Omar Faridi  |  

Binance.US’s year-end insights provide a meaningful outlook covering key developments this year and the general outlook for 2025 as well. Interim CEO Norman Reed has highlighted important milestones from the past year for the company and also shared details on features coming to the platform… Read More

December 26, 2024 @ 8:22 am By Omar Faridi  |  

Preqin, the global firm focused on alternative assets data, tools, and insights, released its Preqin 2025 Global Report: Venture Capital. The research report shows that venture capital assets under management (AUM) reached “$3.1tn by Q1 2024, the latest data available.” Asia-Pacific (APAC) accounted for “$1.6tn,… Read More

December 26, 2024 @ 8:19 am By Omar Faridi  |  

Digital Asset, the provider of blockchain and tokenization technology for the Canton Network and regulated financial markets, announced its inclusion in the World Economic Forum’s Innovator Communities. As an appointed member of the Unicorn sub-community, Digital Asset will contribute its expertise in blockchain innovation in… Read More

December 26, 2024 @ 8:19 am By Omar Faridi  |  

Garanti BBVA has recently announced that it has enhanced its investment options that are available via its mobile app. Garanti BBVA recently revamped ‘Garanti BBVA Mobile’, making it faster and easier for investors to monitor and effectively manage their investment portfolios directly on the app…. Read More

December 26, 2024 @ 8:07 am By Omar Faridi  |  

A survey conducted by Chargebacks911, the chargeback tech provider, revealed that on average, a significant 45% or nearly half of all chargebacks filed against merchants stem from misuse or outright abuse—a practice commonly referred to as “friendly fraud.” Major card networks like Visa and Mastercard… Read More

December 26, 2024 @ 8:06 am By Omar Faridi  |  

UK’s digital bank Monzo appears to be nearing its EU launch, as the Fintech looks to roll out its services beyond the United Kingdom and US markets. Monzo said that it is taking its “mission into Europe in 2025″, as it seeks qualified applicants for… Read More

December 26, 2024 @ 8:05 am By Omar Faridi  |  

Mesh is pleased to announce their latest partnership with Revolut, the global enabler of digital finance. As part of this partnership, Revolut is integrating Mesh Verify in order to enhance wallet ownership verification, not only ensuring a “seamless and secure user experience for their millions… Read More

December 26, 2024 @ 8:04 am By Omar Faridi  |  

As the European Union’s Corporate Social Responsibility Directive (CSRD) marks its first year of being implemented / enforced – and as compliance with it becomes mandatory for more firms, research reveals that over half of businesses are “risking non-compliance by failing to take key steps… Read More

December 26, 2024 @ 8:03 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, has reportedly repaid investors a €500 000 loan (real estate project “Vytenio55 II”) and paid their investors €102,368 in interest. PeerBerry also mentioned in another recent update that it is processing the last repayment of war-affected loans…. Read More

December 26, 2024 @ 8:02 am By Omar Faridi  |  

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

December 24, 2024 @ 5:41 pm By Omar Faridi  |  

MoonPay is pleased to announce that the Texas Department of Banking has granted MoonPay a Money Transmitter License in order to provide money transmission services in the Lone Star State. Starting now, Texas residents are reportedly able to purchase 64 different cryptocurrencies on MoonPay with… Read More

December 24, 2024 @ 5:40 pm By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology, announced it has entered into a definitive agreement to acquire Payfare Inc. (TSX:PAY), a provider of program management solutions with a focus on new economy workforces. The transaction is subject to obtaining… Read More

December 24, 2024 @ 5:38 pm By Omar Faridi  |  

BizEquity, a platform that provides business valuation services, announced a partnership with Biz2Credit, a small business funding platform, to help secure business financing for US-based clients. The firms will reportedly launch financing options via an embedded financing solution within the BizEquity platform powered by Biz2Credit’s… Read More

December 24, 2024 @ 5:37 pm By Omar Faridi  |  

The European Central Bank welcomes the Bulgarian market to the TARGET Instant Payment Settlement (TIPS) service following its successful migration in December 2024. The Bulgarian National Bank and the BISERA payment system, which is operated by BORICA AD, are now part of TIPS, together with… Read More

December 24, 2024 @ 5:36 pm By Omar Faridi  |  

WooCommerce, which claims to be the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a pay-over-time provider. This builds on the firms’ existing partnership and will make Affirm a default payment option for merchants using WooPayments…. Read More