October 6, 2024 @ 2:03 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC, a technology-enabled service provider of managed account solutions to the asset and wealth management industry. Archer provides… Read More

October 5, 2024 @ 6:20 pm By Omar Faridi  |  

Industry professionals have recently shared their latest guidance on the Travel Rule in a comprehensive online learning session aimed at crypto ad blockchain ecosystem participants. This, according to an update from Regtech Sumsub. Regtech firm Sumsub announces the start of a comprehensive Travel Rule educational… Read More

October 5, 2024 @ 6:18 pm By Omar Faridi  |  

In a move signaling alignment with US regulatory actions, the UK’s Financial Conduct Authority (FCA) is preparing to survey City firms to scrutinize their use of encrypted messaging services such as WhatsApp. Regtech firm SteelEye has shared informative insights to help industry participants with gaining… Read More

October 5, 2024 @ 6:14 pm By Omar Faridi  |  

Utila, an institutional MPC wallet platform, and TRM Labs, a provider of blockchain intelligence, announced a strategic integration to empower institutional clients to integrate AML compliance into their crypto operations workflows, improving risk management capabilities. Via this latest integration, Utila users will reportedly be able… Read More

October 5, 2024 @ 9:36 am By Omar Faridi  |  

Coin Metrics has shared key industry insights on the Bitcoin, crypto and blockchain space in their latest State of the Network’s Q3 2024 report. Tanay Ved and Matías Andrade from Coin Metrics noted that despite volatility from factors like Mt. Gox repayments and the Yen… Read More

October 5, 2024 @ 8:52 am By Omar Faridi  |  

Half of all US voters support “pro-crypto” policies according to a research report released by ConsenSys. Consensys, and global market research and data analytics technology group, HarrisX, unveiled a research study on US voters’ views on the current blockchain and crypto landscape as it “relates… Read More

October 5, 2024 @ 8:40 am By Omar Faridi  |  

ZEN.COM, a European fintech company, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to secure their UK Electronic Money Institution (EMI) license. This partnership reinforces their commitment to providing customer-centric financial solutions in the UK fintech market. As… Read More

October 5, 2024 @ 5:11 am By Omar Faridi  |  

NYDIG Research notes that Bitcoin rose 2.5% in the “seasonally weak” Q3 of this year as the digital asset bounced back from a decline in Q2. NYDIG Research pointed out that Bitcoin (BTC), the flagship cryptocurrency, is still the “best performing” asset/asset class during 2024,… Read More

October 4, 2024 @ 8:42 pm By Omar Faridi  |  

Fizz announced the launch of the next iteration of its Money App, which is designed to empower students in managing finances and building a financial foundation. With the Fizz app, students are reportedly able to check credit scores, gain  spending insights, and take financial courses—which… Read More

October 4, 2024 @ 8:41 pm By Omar Faridi  |  

Research from cloud-based small business platform Xero reveals a notable gap in financial literacy among Canadian small business owners. Although 47% or nearly half of small business owners rating their financial literacy as ‘high’, nearly half (43%) actively deal with fiscal challenges in their business… Read More

October 4, 2024 @ 8:40 pm By Omar Faridi  |  

The team at CBInsights has released their latest State of Venture Q3’24 report. As noted in the research report from CBInsights, AI startups have managed to acquire 1 in 3 VC dollars. The research study released by CBInsights pointed out that Silicon Valley is becoming… Read More

October 4, 2024 @ 2:43 pm By Omar Faridi  |  

Alloy, a provider of Portfolio Management System (PMS) and Order Management System (OMS) solutions for digital assets, has announced a strategic integration with Copper. Copper is a key player focused on digital asset custody, collateral management, and prime services. This partnership enables clients to manage… Read More

October 4, 2024 @ 1:42 pm By Omar Faridi  |  

iCapital, the platform driving access to alternative investments, and Bridge Investment Group (NYSE: BRDG), an alternative asset manager, announced the enhancement of Bridge’s Investor Portal, which is reportedly being powered by iCapital, and enables investors to access performance reporting for all products. The Investor Portal… Read More

October 4, 2024 @ 12:14 pm By Omar Faridi  |  

Paypal (NASDAQ: PYPL), EY and Google Cloud are said to be currently using Coinbase (NASDAQ:COIN) for B2B payments. More Fortune 500 companies are reportedly teaming up with Coinbase to explore crypto payments. With a 12-year record of custodying cryptoassets, the digital assets firm says tha… Read More

October 4, 2024 @ 11:28 am By Omar Faridi  |  

Numerated, the AI-enhanced commercial lending platform, announced its partnership with Alloy, the identity risk management company working with various banks and fintech companies, to deliver fraud checks within commercial lending. This partnership will aim to support Numerated’s lending automation capabilities by combining risk management with… Read More

October 4, 2024 @ 9:45 am By Omar Faridi  |  

Zūm Rails, the company merging open banking and instant payments,  announced it is leveraging embedded finance solutions from Fiserv (NYSE: FI), which is a provider of payment and financial technology, in order to enable digital transactions and financial services for US-based businesses. With Fiserv as… Read More

October 4, 2024 @ 9:38 am By Omar Faridi  |  

Enterprise blockchain firm Ripple’s “end-to-end” payments solution is now available in first Latin America market. Ripple, the provider of digital asset infrastructure, has officially announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America‘s crypto exchange, will reportedly be the first customer in… Read More

October 4, 2024 @ 8:40 am By Omar Faridi  |  

Online marketplaces are now considered to be a “prime” target for fraudsters, according to an extensive report shared by Juniper Research. Juniper Research explained that this is because there are different ways of gaining access to sensitive information that is stored online for digital commerce… Read More

October 4, 2024 @ 8:35 am By Omar Faridi  |  

Visa Tokenized Asset Platform (VTAP) is a product that is designed to help banking service providers issue fiat-backed tokens. BBVA will reportedly be using VTAP in order to create digital tokens on the public Ethereum (ETH) blockchain with expected live pilots in 2025. Visa (NYSE:… Read More

October 4, 2024 @ 8:34 am By Omar Faridi  |  

As the digital asset landscape evolves, the demand for efficient data solutions has never been more “pressing.” Realizing this key requirement, Tetra Trust, Canada‘s qualified custodian for digital assets, has turned to Ledgible, a digital asset tax and accounting platform, to enhance their crypto-assets reconciliation… Read More