Omar Faridi

Digital Banking: FV Bank to Allow Deposits of Euros into USD Accounts

FV Bank, the U.S. licensed global digital bank that offers traditional and digital asset banking and custody services, announced an expansion in its deposit capabilities that gives clients the option to deposit euros into their USD bank account. In addition to USD deposits, account holders… Read More

Solana (SOL) and Cosmos (ATOM) Staking to Be Supported by Netcoins Canada

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to report that Netcoins will be expanding its staking services in Canada “with the launch of Solana and ATOM on… Read More

Berlin’s Micropayment Teams Up with Fintech Platform Tink

Micropayment, the Berlin-based payment processor, has partnered with Tink, a payment services and data enrichment platform, to add Pay by Bank to its payments offering. Operating primarily in Germany, Austria, and Switzerland, Micropayment works with merchants across industries “including fundraising and non-profit, digital services, gaming… Read More

Brightflag, an AI-enhanced Legal Operations Platform, Releases Insights from Legal Operations Compensation Survey

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Now in its third year, Brightflag’s annual Corporate Legal Operations Compensation Report captures data to help legal operations professionals, General Counsel, and HR leaders better understand fair market compensation and recent salary trends. The survey that forms the basis of the report was conducted in… Read More

Coinbase Introduces Option for Travel Rule Universal Solution Technology (TRUST)

Coinbase (NASDAQ:COIN) is pleased to announce the introduction of a new, no-fee membership option for the Travel Rule Universal Solution Technology (TRUST) – the global, industry-driven Travel Rule solution that prioritizes customer security and privacy. TRUST is the world’s Travel Rule solution, born out of… Read More

Wrapped Bitcoin: Bitgo Announces Launch of WBTC on Kava

Bitgo is pleased to announce the official launch of WBTC on Kava. Since 2018, Wrapped Bitcoin (WBTC) has created additional liquidity “for decentralized exchanges and enhanced all decentralized applications (dApps) with BitGo Trust Company as the designated custodian.” As a result, use cases, driven by… Read More

Regtech Trulioo Reports Latest Identity Match Rate Performance Supported by Data Science

Trulioo, an identity platform with global coverage for person and business verification, announced its latest match rate performance supported by data science, market expertise and ongoing innovation. The Trulioo platform’s Person Match verification capability reportedly delivers flexible, intelligent data routing and sequencing with machine learning… Read More

Switzerland: SIX Announces Investment in BITA, Expands Indexing and Tech Partnership

SIX, the global financial information provider, and BITA, a provider of indexing technology and services, announced that SIX has made a strategic investment in BITA to strengthen a series of existing joint projects and accelerate the expansion of SIX’s global benchmark platform. Existing BITA shareholders,… Read More

Digital Assets Platform OKX Partners with Web3 focused Immutable

OKX is working with Immutable, a Web3 gaming platform. This partnership is expected to include the introduction of “a GameFi NFT launchpad and the integration of Immutable’s gaming-focused zkEVM chain into our OKX Marketplace and OKX Wallet.” OKX says that they aim “to transform how… Read More

Cross-Border Payments: Mastercard Expands Payment Solutions with China’s Alipay

Mastercard (NYSE: MA) continues to expand its cross-border payment solutions with a new connection to Alipay, China’s digital open platform under Ant Group. The move comes as consumers increasingly “look for ways to send money across the globe quickly and securely.” Insights from Mastercard’s Borderless… Read More

Fintech Brex Announces Closing of Securitization Transaction Out of its Commercial Charge Card Master Trust

Brex, the AI-powered spend platform for modern companies, announced the closing of its third securitization transaction out of its previously established Brex Commercial Charge Card Master Trust. The transaction included the “issuance of $260M of charge card asset-based notes rated by Kroll Bond Rating Agency.”… Read More

Swift to Provide Confirmation of Payee Service for Australian Payments Plus

Swift announced it has been selected to build a service that will reduce the risk of misdirected payments and increase defenses against payment fraud, providing Australians with more confidence when sending money. Swift, which built and runs the NPP, was chosen by Australian Payments Plus… Read More

FTX’s CEO Says Sam Bankman-Fried’s Deception Continues Even After Fraud Conviction

FTX’s Chief Executive Officer has said that Sam Bankman-Fried’s deception has not ended even with his unprecedented fraud conviction. As part of an extensive victim impact statement submitted Wednesday (March 20, 2024) prior to SBF’s sentencing this upcoming week, FTX CEO John Ray states that… Read More

Hyperledger Foundation Announces Citi and Brazilian Development Bank as New Members

Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced Citi and the Brazilian Development Bank (BNDES) as new members. Additionally, the foundation unveiled a new Hyperledger Besu Financial Services Working Group, chaired by DTCC, that will “support operationalizing the open source Ethereum client… Read More

Marathon Digital Holdings to Acquire Another Bitcoin (BTC) Mining Data Center

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, has entered into a definitive purchase agreement to acquire Applied Digital Corporation’s Bitcoin mining data center in Garden… Read More

Trustly and MoneyGram International Introduce Cardless Payments for Clients Across Europe

Trustly, a global firm focused on innovative payment solutions, announced a partnership with MoneyGram International, Inc., a financial technology company that connects the world’s communities. Through this strategic alliance, MoneyGram introduces cardless payments for millions of its users across Europe. When sending international money transfers… Read More

Research by Regtech Sumsub Unveils Alarming Surge of Fraud Networks Across Multiple Regions

Research by Sumsub, a global verification platform with 1B+ identities database, shows an alarming surge of fraud networks across multiple regions. The company discovered the trend prior to “launching its upgraded comprehensive Fraud Prevention Solution aimed to help businesses fight fraud networks and other rising… Read More

Self-Custodial Crypto Exchange Rails Reports Seed Funding Round

Rails, a self-custodial crypto exchange that allows users to trade perpetuals while maintaining self-custody, announced a $6.2 million seed round led by Slow Ventures, CMCC Global, Round13 Capital, and Quantstamp. Rails’ proprietary trading engine combines advanced matching capabilities with a user-friendly interface and a set… Read More

Yieldstreet and Wilshire to Enhance Investor Access to Alternative Investments

Yieldstreet, a private market online investing platform, and Wilshire Advisors LLC, a global advisor with more than $1 trillion in assets under advisement, announced a partnership that intends to enhance investor access to institutional-quality alternative investments. Yieldstreet caters mostly to Accredited Investors but non Accredited… Read More

British Business Bank Introduces Northern Powerhouse Investment Fund II

The British Business Bank has launched its new Northern Powerhouse Investment Fund II, a £660m fund set to cover the entire North of England. The Northern Powerhouse Investment Fund II (NPIF II), aims to “build on the success of the initial fund, with the purpose… Read More

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