October 2, 2024 @ 7:17 pm By Omar Faridi  |  

Experian, the data and technology company, announced the completion of its A$820 million acquisition of consumer and commercial credit bureau, illion, in Australia and New Zealand. The acquisition and integration of illion’s 500 strong team, data, software and intellectual property into Experian will create a… Read More

October 2, 2024 @ 3:52 pm By Omar Faridi  |  

Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay. This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift. As… Read More

October 2, 2024 @ 3:06 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo, a former AXIS Capital finance veteran and Deloitte alumna, to lead its finance team. According to the update from Insurtech Cowbell, Denise will be responsible for… Read More

October 2, 2024 @ 2:59 pm By Omar Faridi  |  

The World Economic Forum and GovTech Campus Deutschland opened the Global Government Technology Centre (GGTC) in Berlin recently, marking a key milestone for the Centre for the Fourth Industrial Revolution (C4IR) Network. The GGTC is the C4IR Centre focused on supporting GovTech solutions to accelerate… Read More

October 2, 2024 @ 12:02 pm By Omar Faridi  |  

Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More

October 2, 2024 @ 11:42 am By Omar Faridi  |  

Jacobi Asset Management has reportedly chosen Zodia Custody for Bitcoin ETFs. Zodia Custody now becomes the primary custodian for Jacobi’s Bitcoin ETF, bringing robust risk controls along with regulatory compliance for institutional investors Zodia Custody, a which claims to be an “institution-first” digital asset custodian,… Read More

October 2, 2024 @ 9:55 am By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex…. Read More

October 2, 2024 @ 7:54 am By Omar Faridi  |  

Pension funds are delivering more sizeable returns than UK savers had been expecting with average annual growth during five years reportedly nearing 8% for those 30 years from retirement. This, according to an update from PensionBee. PensionBee’s Pension Performance Benchmark analysis, which has reportedly examined… Read More

October 2, 2024 @ 7:53 am By Omar Faridi  |  

LSEG (London Stock Exchange Group), a global financial markets infrastructure and data provider, releases a report, The Future of Wealth: Why Consistency Matters, highlighting the impact of Artificial Intelligence (AI) in wealth management. AI continues to transform the wealth management sector with 62% of wealth… Read More

October 2, 2024 @ 7:50 am By Omar Faridi  |  

Consumer financial technology company, Chime, which claims to offer the most “loved” banking app, announced that its fee-free overdraft feature, SpotMe, has covered its members with more than $30 billion in transactions since the product launched in 2019. SpotMe empowers everyday people to Unlock Financial… Read More

October 2, 2024 @ 7:45 am By Omar Faridi  |  

KPMG has recently shared insightful comments following the Money and Credit data from the update from the Bank of England. Karim Haji, Global and UK Head of Financial Services at KPMG, shared comments on the recent Money and Credit statistical release. Karim Haji from KPMG… Read More

October 2, 2024 @ 7:42 am By Omar Faridi  |  

The latest DFSA approval unlocks Ripple’s end-to-end payment services in the UAE, boosting Middle East operations. Ripple, the provider of digital asset infrastructure, has secured in-principle approval from the Dubai Financial Services Authority (DFSA) in order to expand its services from the Dubai International Financial… Read More

October 1, 2024 @ 5:22 pm By Omar Faridi  |  

Business lending provider NovaLend, which is focused on supporting small businesses in Poland, has reportedly joined PeerBerry with an 8% annual return on investing in business loans secured by a buyback guarantee. According to the update shared by European investment platform PeerBerry, the lender’s loan… Read More

October 1, 2024 @ 3:00 pm By Omar Faridi  |  

Governor Greg Abbott acknowledged the Texas Stock Exchange (TXSE) and the state’s economic milestones during a recent conference at the Governor’s Mansion in Austin. Celebrated a milestone for the Texas Stock Exchange this morning. Business is booming so much in Texas that we now have… Read More

October 1, 2024 @ 11:39 am By Omar Faridi  |  

Three quarters or the majority of UK financial services professionals are preparing for the Chancellor’s upcoming Budget to have at least a moderate impact on their business, according to KPMG’s UK Financial Services Sentiment Survey. More than a quarter (28%) anticipate the impact will be… Read More

October 1, 2024 @ 11:34 am By Omar Faridi  |  

Ethereum (ETH) and Tron (TRX) are reportedly dominating the fast-growing stablecoins ecosystem with a significant 83.9% share, presently valued at $144.4 billion, according to an update from CoinGecko. CoinGecko notes in a research report that Ethereum has the most stablecoins, with $84.6 billion, or 49.1%… Read More

October 1, 2024 @ 11:22 am By Omar Faridi  |  

Matrixport, an all-in-one crypto financial services hub, announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG (CFAM), a licensed Swiss crypto asset manager that was previously part of the Deutsche Börse Group-owned Crypto Finance Group (CFG). Now doing business as Matrixport… Read More

October 1, 2024 @ 9:56 am By Omar Faridi  |  

UK business confidence dipped to a three-month low in September, the Lloyds Bank Business Barometer has found. The survey, which ran from 2nd – 16th September, revealed that overall UK business confidence fell three points to 47%, its lowest for three months, but remained higher… Read More

October 1, 2024 @ 8:38 am By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, announces that it has joined forces with Ownera, a provider of tokenization interoperability routers, to enhance the Fireblocks Network, the digital asset network providing direct connectivity to crypto capital markets…. Read More

October 1, 2024 @ 8:28 am By Omar Faridi  |  

European Payments Initiative (EPI), a European entity claiming to be focused on offering a sovereign payment alternative to all consumers in the region, announced the launch of Wero. The European instant account-to-account payment solution will be available to French customers of BNP Paribas, Groupe BPCE,… Read More