August 4, 2024 @ 2:40 pm By Omar Faridi  |  

Emburse, whose innovative travel and expense solutions power various organizations, has announced a strategic relationship with Finexio, the Accounts Payable (AP) Payments as a Service company. The partnership offers Emburse customers a solution “to long-standing AP challenges in the $125+ trillion B2B payments market.” Finexio’s… Read More

August 3, 2024 @ 7:34 pm By Omar Faridi  |  

The Association for Financial Markets in Europe (AFME) released a report titled “Digital Finance in the EU – Priorities for fostering resilient, innovative and competitive financial markets”, presenting its recommendations for supporting the development of capital markets and increased access to finance for the real… Read More

August 3, 2024 @ 5:24 pm By Omar Faridi  |  

Elliptic, a global firm focused on crypto asset risk management, announced integrating support for Hedera’s Stablecoin Studio into its Holistic screening and investigation solutions. This will bring issuers on the platform an additional layer of risk mitigation. This new integration is “supported by The HBAR Foundation, an… Read More

August 3, 2024 @ 5:14 pm By Omar Faridi  |  

Deutsche Bank has launched BASF’s first sustainability-linked payables finance program in Asia, with a focus on its operations in China. The solution meets global standards and has “been tailored to suit local business requirements.” The program will support BASF’s activities in China. The solution provided… Read More

August 3, 2024 @ 5:12 pm By Omar Faridi  |  

UnaFinancial, which is investment platform Robocash’s parent company, is reporting that it has earned $4.7 million in H1 2024. UnaFinancial has issued management accounts “for the first six months of 2024.” The Group focused on expanding its most profitable businesses and “improving operational efficiency across… Read More

August 3, 2024 @ 5:01 pm By Omar Faridi  |  

Provenance Blockchain Foundation, a non-profit organization responsible for developing and growing the public blockchain for financial services, announced the carve-out of Provenance Blockchain Labs, a blockchain development firm building a suite of foundational infrastructure SaaS products that enable asset issuers and servicers to efficiently transact… Read More

August 3, 2024 @ 2:33 pm By Omar Faridi  |  

PitchBook has released their latest Enterpise Fintech ecosystem. PitchBook’s Fintech ecosystem reports notes that deal value and count in Q2 2024 was fairly steady. As stated in the repot, enterprise fintech companies have “secured $4.6 billion in VC funding across 315 deals.” PitchBook pointed out… Read More

August 2, 2024 @ 9:10 am By Omar Faridi  |  

At Ledger, their mission is to make digital ownership easy to use without ever compromising on security or self-custody. Ledger says that it aims to “to deliver the best security architecture; resilient by design and without compromise, for individuals and enterprises.” Ledger points out that… Read More

August 2, 2024 @ 8:46 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has released its second-quarter revenue update. The digital assets firm has reported a considerable surge in earnings due in part to the revival of crypto trading activity (among other key developments across the crypto and blockchain space). Coinbase revealed that it experienced a… Read More

August 2, 2024 @ 8:41 am By Omar Faridi  |  

Thredd, the global payments platform, reports both industry-wide growth in fintech-led digital payments and the renewal of its partnership with Zilch, the ad-subsidised payments network (ASPN). This trajectory, coupled with recent product and market expansion, reportedly “adds further momentum to Thredd’s leadership in modern payments… Read More

August 2, 2024 @ 8:39 am By Omar Faridi  |  

Tuum, a core banking platform, is proud to announce its partnership with ComplyAdvantage, a firm focused on financial crime intelligence. This partnership leverages Tuum’s API-first approach in order “to integrate complementary solutions, ensuring that financial institutions can meet their unique needs effectively and efficiently with… Read More

August 2, 2024 @ 8:36 am By Omar Faridi  |  

IRS-Criminal Investigation, the US Department of Justice, and the Federal Bureau of Investigation in coordination with the German Federal Criminal Police Office (BKA) and the Attorney General’s Office in Frankfurt, reportedly seized the domain for online crypto wallet Cryptonator for allegedly failing to have “appropriate”… Read More

August 2, 2024 @ 8:34 am By Omar Faridi  |  

Solaris, Europe’s embedded finance platform is pleased to welcome Bitpanda, Europe’s crypto platform, on its KYC platform. Bitpanda will leverage Solaris full digital and scalable KYC solution Bankident “to identify customers in Germany.” This signals a new chapter in “a longstanding partnership between Solaris &… Read More

August 1, 2024 @ 10:30 pm By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, launches new incentives for its Buy-to-Let mortgage range, providing customers with up to £350 cashback and up to 10bps off their next mortgage. Customers can now benefit “from a £350 cashback upon the completion of their Buy-to-Let mortgage.”… Read More

August 1, 2024 @ 10:24 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant supporting vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. Jason Les, CEO of Riot said: “I am extremely pleased to present results for Riot’s second quarter 2024, during which we… Read More

August 1, 2024 @ 8:28 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and SandboxAQ are expanding their partnership to address the critical need for enterprise data encryption that can defend against current data breaches, as well as future AI and quantum threats. Together, Accenture and SandboxAQ are “helping organizations secure sensitive data and strengthen… Read More

August 1, 2024 @ 8:11 pm By Omar Faridi  |  

NatWest Group has announced that Paul Edwards has been appointed to lead the banking group’s asset finance business, Lombard, together “with specialist businesses providing working capital solutions.” Paul has been at NatWest for 12 years and “has held a number of roles in that time,… Read More

August 1, 2024 @ 7:25 pm By Omar Faridi  |  

Tokenization platform OpenEden has announced that it will bring tokenized US Treasury bills (T-bills), a short-term US government debt obligation backed by the US Department of the Treasury, to the XRP Ledger (XRPL) and its users for the first time. The tokenization of T-bills onto… Read More

August 1, 2024 @ 4:56 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), announced that Caribbean-based PROVEN Bank is deploying Fenergo’s transaction monitoring solution to streamline its anti-money laundering (AML) compliance processes. Integrating Fenergo’s technology will “enhance PROVEN Bank’s operational… Read More

August 1, 2024 @ 4:54 pm By Omar Faridi  |  

CommBank customer scam losses halved in FY24 following the introduction of measures including market leading anti-scam technologies, spearheading cross industry collaborations, ongoing proactive policy measures and strengthening customer awareness. James Roberts, CommBank General Manager of Group Fraud, said: “Over the last financial year CommBank has… Read More