JD Alois

JikoNet Aims to Power 24/7 Institutional Transactions in Real Time, with High Liquidity and Minimized Risk

A new platform called JikoNet aims to establish a network enabling institutions to settle high-volume transactions in real time while minimizing counterparty and liquidity risks. JikoNet leverages Jiko’s bank ledger for seamless USD transactions with instant T-bill trades and enables 24/7 real-time settlement for digital… Read More

As Spring Statement Nears DECTA CEO Says SMEs Need Solutions, Not More Austerity

The Chancellor of the Exchequer, Rachel Reeves, will address Parliament next week with her economic plan, which she will present to policymakers. The Spring Statement is expected to include numerous policy changes aiming to boost economic growth while cutting government costs and associated red tape, which undermines… Read More

Republic Partners with Hamilton Lane, Offers Tokenized Private Equity Fund

Republic, the largest online capital formation platform in the world, has revealed a partnership with Hamilton Lane (Nasdaq: HLNE), which will add exposure to Private Equity (PE) on its marketplace. The “first-ever” infrastructure evergreen fund will now be available to US investors for an initial… Read More

CFTC Warns that Generative AI is Helping Crooks Commit Fraud

The never-ending saga of new tech being used for good, as well as bad, continues. While enforcement agencies chase criminals for bad actions, the crooks keep upping their game making it difficult to stop the perpetrators. The US Commodity Futures Trading Commission (CFTC) has posted… Read More

Fintech CEO Shares What He Wants to See in Chancellor’s Spring Statement

Rachel Reeves, Chancellor of the Exchequer, will deliver the annual Spring Statement next week, with expectations of dramatic changes to the UK government’s economic policy. Reeves is anticipated to seek a balancing act of slashing government red tape and reducing government expenditures while adopting policies… Read More

UK P2P Lender Folk2Folk Tells Chancellor to Include IFISAs in ISA Discussions

Folk2Folk, a peer-to-peer lender serving smaller businesses, has written to the Chancellor of the Exchequer, Rachel Reeves, asking her to include IFISAs in the ISA discussion. IFISAs, or innovative finance individual savings accounts, aim to allow alternative investments in retirement accounts. An IFISA can also… Read More

Digital Gilt Instrument (DIGIT) Moving Forward as UK Embraces Blockchain for UK Gilts

The Chancellor of the Exchequer, Rachel Reeves, has announced that the Digital Gilt Instrument (DIGIT) or UK Gilts, which leverages distributed ledger technology (DLT), will move forward. The Chancellor stated: “The UK is leading the way on digital innovation, and the creation of DIGIT will help to… Read More

Chancellor Rachel Reeves Meets with Top Fintechs in Advance of Spring Statement

Chancellor of the Exchequer Rachel Reeves has met with a group of top Fintechs in advance of next week’s Spring Statement, according to a report from Sky News. This follows an announcement about the UK government’s new policy of slashing red tape and reducing regulatory… Read More

CrowdProperty Looks to Boost Lending to Developers

CrowdProperty, a real estate investment platform, says it has launched a new product that will help developers gain greater financial flexibility. The “accelerated funding solution” or REAL (Residential Expertise Accelerating Lending) seeks to help developers overcome the challenge of slow and complex property development finance… Read More

S&P Highlights Hot Payments Sector of Fintech

While certain sectors of Fintech have dipped in interest when it comes to capital markets activity, payments continue to be a hot sector of Fintech. According to S&P Global Market  Intelligence, capital markets continue to support payments innovators as technology is changing the way we… Read More

Grasshopper Sees Loan Growth of 24% YoY, Boosts Executive Bench to Support Demand

Reflecting on its loan growth of 24% year over year, Grasshopper reports it is boosting its executive branch to support the demand. Grasshopper is a federally chartered digital bank that holds FDIC insurance for accounts. Launched in 2019, the bank serves both consumers and small… Read More

Xapo Bank Now Offers USD Loans backed by Bitcoin

Gibraltar-based Xapo Bank has announced US dollar-based loans backed by Bitcoin. According to the bank, their customers may access credit of up to $1 million, secured by Bitcoin holders. Terms range from 30 days and up to a year. No penalties for early repayment. By… Read More

FCA Consultation on Public Offers and Admissions to Trading Closes, Winterflood Advocates Allowing Retail Investors Access to the Bond Market

The UK Financial Conduct Authority (FCA) has closed on a consultation that discusses changes to public offers and admissions to trading in the UK. Policymakers are looking to improve securities markets in the UK – both public and private. Any updates aim to support capital… Read More

France: Autorité des marchés financiers (AMF) Wants EU to Boost Capital Markets, Retail Participation

The French Autorité des marchés financiers (AMF) has issued a public statement calling on the European Commission to improve capital markets  and boost retail participation away from savings and into “long-term investments.” In the US, over 60% of the population holds shares in public companies. … Read More

Miki Bowman Selected as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System

Michelle “Miki” Bowman has been selected to become the Vice Chair for Supervision of the Board of Governors of the Federal Reserve System. Posting on Truth Social, President Trump issued the following statement: “I am pleased to announce that Michelle “Miki” Bowman will be the… Read More

Affirm Comments on Klarna, OnePay Taking Over BNPL Service for Walmart

Earlier today, it was reported that Affirm (NASDAQ:AFRM) had been pushed out from one of the largest retailers in the world. Klarna, expected to soon become a public company, had announced partnering with OnePay to supplant Affirm in providing buy now pay later (BNPL) services… Read More

Trustfull Believes Anti-Fraud Measures Must Be Top Priority of Chancellor Rachel Reeves’ Agenda

In advance of next week’s Spring Statement, Trustfull CEO Marko Maras has shared his opinion that anti-fraud measures should be one of the topics covered by the Chancellor of the Exchequer, Rachel Reeves. Maras says that AI-driven fraud is increasing the amount of fraud perpetrated… Read More

Chancellor of the Exchequer to Meet with Regulators in Move to Slash Red Tape, Lower Costs of Doing Business in the UK

The UK is in regulatory reduction mode. The Chancellor of the Exchequer, Rachel Reeve, is scheduled to meet with top regulators as she pursues a policy of slashing red tape. The goal is to “make Britain the best place to do business and drive economic growth.” It… Read More

Payments, Payroll Fintech Rippling Sues Deel, Alleges Spy Caught with Honeypot Trap

Two competitors in the payroll, HR, and payments sector are headed to a court battle, it seems. Via X, Rippling CEO Parker Conrad announced they had filed a lawsuit alleging that Deel cultivated a spy at his company who allegedly stole company information in a… Read More

Klarna to Power Walmart’s BNPL Service in OnePay Partnership

Klarna, a European Fintech, says it will step in and now offer Walmart (NYSE: WMT) customers its buy now pay later (BNPL) service in partnership with OnePay. OnePay is a consumer Fintech backed by Walmart and Ribbit Capital and already used on the Walmart platform…. Read More

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