September 13, 2022 @ 12:42 pm By JD Alois  |  

The Financial Technology Association (FTA) has posted research on the Buy Now Pay Later (BNPL) sector that highlights the positives of the Fintech service. The survey, created in partnership with the Morning Consult, arrives on the same day that the Senate Banking Committee held a… Read More

September 13, 2022 @ 12:28 pm By JD Alois  |  

As the completion of the Merge nears, where Ethereum moves from Proof of Work (PoW) to Proof of Stake (PoS), Ethereum is poised for a significant, transformational upgrade that may migrate the blockchain from a pretty cool experiment to ongoing relevance in the land of… Read More

September 13, 2022 @ 10:00 am By JD Alois  |  

Titan is “re-introducing” its platform to investors. Titan aims to be the one-stop for retail money to build long-term wealth. In a corporate statement, Titan said it had completed a “significant expansion” of its actively managed investment platform. Titan said it will be introducing new… Read More

September 13, 2022 @ 9:45 am By JD Alois  |  

Today, the Senate Committee on Banking, Housing, and Urban Affairs, will hold a hearing on New Consumer Financial Products and the Impacts to Workers – typically these products are provided by Fintechs. Last week, Committee Chairman, Senator Sherrod Brown, hosted a “listening session” regarding new… Read More

September 13, 2022 @ 9:24 am By JD Alois  |  

Securitize, a digital securities platform enabling both primary issuance as well as secondary trading, has announced a new tokenized asset that provides investors with exposure to a fund created by KKR. KKR is a fabled buy-out firm and asset management company. KKR sponsors various funds… Read More

September 13, 2022 @ 8:27 am By JD Alois  |  

Yesterday, several US Senators, all Democrats, issued a statement regarding concerns of crypto scams proliferating on Meta (Facebook) (NASDAQ:META). A letter signed by these Senators was sent to Meta CEO Mark Zuckerberg. Signed by, Senators Bob Mendez, Sherrod Brown, Elizabeth Warren, Diane Feinstein, Bernie Sanders… Read More

September 12, 2022 @ 5:44 pm By JD Alois  |  

JP Morgan (NYSE: JPM) has signed an agreement to acquire Renovite Technologies, Inc., a cloud-native payments payments provider. Details on the agreement were not immediately available. Headquartered in California with offices in the UK and India, Renovite was founded to develop the next generation of… Read More

September 12, 2022 @ 5:11 pm By JD Alois  |  

Genesis has executed its first-ever block trade of CME’s newly listed large ETH options contract with Cumberland DRW, according to a statement by the company. According to Genesis, via an affiliate, a trade of CME’s large ETH options contract affirms Genesis’ support of CME’s latest… Read More

September 12, 2022 @ 12:31 pm By JD Alois  |  

Fintech Plum will be offering stock investing and debit cards in Europe as it expands into France, Ireland, Spain, and Belgium. Plum is registered as an e-money agent of PayrNet Limited with the Financial Conduct Authority. A neo-bank or “super-app,” Plum reports serving over 1… Read More

September 12, 2022 @ 11:24 am By JD Alois  |  

Earlier today, the Monetary Authority of Singapore (MAS) posted a letter addressed Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS. An MP, Derrick Goh, inquired about buy now – pay later (BNPL) activity in the country. Responding to the inquiry, the Minister shared… Read More

September 12, 2022 @ 9:26 am By JD Alois  |  

Sonovate reports that new research indicates that small businesses are struggling to access finance from mainstream providers – IE traditional banks. Because of this, firms are tapping alternative finance providers as inflation rises along with rates. Pointing to a report by the UK Financial Conduct… Read More

September 12, 2022 @ 8:54 am By JD Alois  |  

Tokenization, the process of making an asset digital typically by leveraging blockchain technology, is predicted to hit $16 trillion by 2030, according to a report by ADDX and Boston Consulting Group (BCG). The report, “Relevance of on-chain asset tokenization in ‘crypto winter’” is available here…. Read More

September 12, 2022 @ 8:34 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced that Bread Financial (NYSE: BFH) will be using their services for an in-store checkout experience for shoppers using Bread PayTM, its suite of Buy Now, Pay Later (BNPL) products. Bread Financial is expected to launch the Bread PayTM One-Time Use… Read More

September 12, 2022 @ 8:25 am By JD Alois  |  

Splitit (ASX:SPT, OTCQX:SPTTY) has raised A$10.5 million according to a company release. Splitit states that the new money allows it to accelerate its product roadmap so users may embed their service directly into their technology stack while supporting a “next-generation one-click installment checkout.” The funding… Read More

September 11, 2022 @ 6:35 pm By JD Alois  |  

The JOBS Act of 2012, the legislation that also legalized online capital formation, included multiple regulatory updates. One, Title 1, has been a notable success as it has helped a growing number of smaller firms to go public. Title III created Regulation Crowdfunding or Reg… Read More

September 10, 2022 @ 6:35 pm By JD Alois  |  

As Ethereum pushes forward with the Merge, Bitcoin has been ignored a bit – at least until yesterday when BTC rocketed beyond the $20,000 level nearing $22K. So what’s going on? Was it just Bitcoin’s time to move higher after watching Ethereum from the sidelines?… Read More

September 9, 2022 @ 6:08 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has created two new offices – one focused specifically on the digital asset or crypto-asset sector. According to the SEC, the Office of Crypto Assets has been added to the Division of Corporation Finance’s Disclosure Review Program (DRP). The… Read More

September 9, 2022 @ 5:56 pm By JD Alois  |  

Neighborhood Ventures is partnering with Small Change, a funding portal that specializes in real estate offerings issued under Reg CF. Neighborhood Ventures is an Arizona based investment platform that provides access to investment under Arizona’s state crowdfunding law. Under the state exemption, issuers may raise… Read More

September 9, 2022 @ 11:51 am By JD Alois  |  

Leading Asian bank DBS is entering the metaverse to demonstrate how the virtual realm may be utilized for good. In partnership with The Sandbox, a subsidiary of Aninoca Brands, DBS will launch DBS BetterWorld. DBS is a Singapore-based bank that operates in 18 different markets… Read More

September 9, 2022 @ 9:48 am By JD Alois  |  

Last month, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) applied sanctions to Tornado Cash, a crypto mixing platform. The second sanctions hitting a mixer, the enforcement action is still the first of its kind as the code running Tornado.cash was open… Read More