Omar Faridi

Standard Chartered Introduces Digital Assets Custody Service in the UAE

Standard Chartered (LON: STAN) has announced its digital asset custody service in the UAE. The offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a global financial hub, “following the memorandum of understanding (MoU)… Read More

Tristan Frizza, Founder of Zeta Markets, Shares Insights on Surge in Solana (SOL) DEX Trading Volume

We recently connected with Tristan Frizza, Founder of Zeta Markets. Notably, Solana recently hit $1.811 billion in DEX trading volume, capturing almost 10% of the market, as reported by Zeta Markets. This surge, fueled by Solana’s fast transaction speeds and low fees, has also led… Read More

UltraDinero from Mexico Begins Offering Loans via PeerBerry

UltraDinero from Mexico has started to offer loans on PeerBerry. Aventus Group lender UltraDinero from Mexico starts “offering short-term loans on the PeerBerry platform.” Mexican loans are backed with a buyback and “a group guarantee and will generate a 9% annual return to PeerBerry investors.”… Read More

HeavyFinance Reports €1.36 Million Invested Across 32 Agricultural Projects via Platform in August

HeavyFinance has shared the latest platform portfolio performance review  for the month of August 2024. As summer draws to a close, HeavyFinance are pleased to share that the month wrapped up on a high note for our investor community. This month saw a substantial €.36… Read More

tZERO Receives Approval to Custody Digital Securities, Support End-to-End Digital Securities Lifecycle in the US

tZERO Group Inc., says it has received approval for its tZERO Digital Asset Securities as “a new Special Purpose Broker-Dealer for digital asset securities custody.” The company states that this is only one of two licenses for “a regulated broker-dealer digital asset security custodian that… Read More

UK’s Assetz Capital Structures £9.95M Funding Package with Atom Bank for VOCO Leicester Property

Assetz Capital, a provider of property-secured finance specializing in commercial mortgages and development finance, has successfully structured a £9.95m facility for VOCO Leicester Hotel financed with Atom Bank. Last year, hotel management company Kew Green Hotels announced their plan “to reflag two existing properties in Leicester and… Read More

TRON, Tether, TRM Labs Form Financial Crime Unit to Combat Crypto Crime

TRON, Tether, and TRM Labs have announced they will be joining forces to establish the T3 Financial Crime Unit (T3 FCU), described as a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain…. Read More

DNA Payments Introduces Apple Pay Express Checkout for Ecommerce

DNA Payments recently announced that it has launched Apple Pay Express Checkout for Ecommerce. DNA Payments noted in a blog post that it is officially introduceng Apple Pay Express Checkout, giving Ecommerce merchants “a new way to accept payments.” As mentioned in the update, DNA… Read More

Blockchain Firm Nansen Announces Acquisition of Stakewithus

Nansen has acquired Stakewithus, a non-custodial staking service provider that reports over $80m assets staked by 30,000+ users, supporting over 20 different networks, including Solana, Sui, Celestia, dYdX, and more. With this acquisition, Nansen users should gain access to blockchain data, the ability to monitor… Read More

Wealthtech Allfunds Teams Up with Wealth Management Firm Rathbones

Allfunds (AMS:ALLFG), a B2B WealthTech platform for the funds industry, has partnered with Rathbones, a provider of individual wealth management and related services to private clients, advisors, and more. The partnership is expected to provide Rathbones the ability “to deal and trade products through a single… Read More

European Open Banking Payments Fintech TrueLayer Expands Partnership with Stripe

TrueLayer, an open banking payments network, says it has expanded its partnership with Stripe. TrueLayer now underpins Stripe’s Pay by Bank offering “across its payments products in the UK.” In May, Stripe unveiled Pay by Bank—a new payment method “enabling merchants to accept payments directly… Read More

European Fintech Payhawk Introduces Budget Tracking and Cards for Every Purpose

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announces the launch of new innovations as part of its ‘Fall Edition’ product release. Global companies face significant challenges in “managing and controlling corporate spending across… Read More

Insurtech Akur8 Expands Core Capabilities with Acquisition of Arius Reserving Solution

Akur8, an insurance pricing solution, has announced its acquisition of Arius, a P&C reserving software for insurers and reinsurers. Boasting a “robust” U.S. presence and a reputation for excellence, Arius’s portfolio “includes 150 insurance and consulting clients and over 1,500 users.” More than one-third of… Read More

Experian and Oakbrook to Provide More Competitive Loans to Consumers in the UK

Experian has announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit “for customers who traditionally may not have been eligible – driving… Read More

Fintech Synpulse Supports Judo Bank in Achieving Go-Live on Core Banking Platform

Synpulse, a global management consulting firm and partner to major banks, is proud to announce the successful go-live of Judo Bank’s new core banking platform, powered by Thought Machine, a banking technology company. This significant achievement, completed in just 12 months, “saw the launch of… Read More

FBI Releases Latest Crypto Fraud Report: Over $5 Billion Lost to Fraudulent Activities

The Federal Bureau of Investigations (FBI) has published the 2023 Cryptocurrency Fraud Report. The FBI released its Cryptocurrency Fraud Report for the past year. In 2023, the FBI’s Internet Crime Complaint Center “received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud… Read More

BBVA Incorporates Stablecoin USDC into Digital Assets Service in Switzerland

BBVA’s institutional and private banking clients in Switzerland, as well as those with a NewGen account, can now manage their USDC funds on the same platform where they handle their traditional investments. They can exchange, custody, or automatically “convert USDC in near real-time into euros,… Read More

Chainalysis Explains How its Investigations Solution Helps Identify, Seize Illicit Crypto Assets

In the world of law enforcement, the ability to seize cryptocurrency has become crucial, according to an extensive update from Chainalysis. As digital currencies play a significant role in criminal activities, the stakes are “higher than ever.” Chainalysis also mentioned that missing even a single… Read More

Global Fintech Thunes and Commercial Bank Kyrgyzstan | MBANK to Transform Cross-Border Payments

Thunes, the Smart Superhighway for money movement around the world, is pleased to welcome OJCS “Commercial Bank Kyrgyzstan | MBANK as a Member of the Thunes Direct Global Network. This collaboration allows MBANK to “connect businesses and individuals in Kyrgyzstan directly to over 7 billion… Read More

UK’s Lettings Platform Rentd Acquires £349,661 via Republic Europe

Rentd is said to be one of the UK’s most innovative full-service lettings platforms. Rentd has acquired 77% (or £349,661) of its £450,001 target via its crowdfunding campaign carried out via Republic Europe. The fundraising effort is closing soon and contributions have been received from… Read More

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