November 8, 2021 @ 7:01 am By Tony Zerucha  |  

Team8, an Israeli venture group, has a unique recipe for success, its vice president for business development and Fintech Galia Beer Gabel said. A lawyer by training, Beer Gabel moved into a business development role at PayPal where she worked across such emerging markets as… Read More

November 5, 2021 @ 6:25 pm By Tony Zerucha  |  

Payment platform Cashflows and digital commerce platform Big Commerce this week announced an agreement which will see Cashflow tools integrated into the Big Commerce platform. Cashflows’ Hosted Payment Page and Gateway API have been integrated into BigCommerce to enable merchants to move online and accept… Read More

November 5, 2021 @ 5:27 pm By Tony Zerucha  |  

Blockchain oracle provider Chainlink this week crossed $75 billion in total value secured (TVS). “Crossing $75 billion in total value secured makes the Chainlink network one of the most value securing forms of decentralized consensus on the planet,” said co-founder Sergey Nazarov. “(Our) networks are… Read More

November 5, 2021 @ 3:37 pm By Tony Zerucha  |  

hashport looks to improve decentralized network interoperability through several methods when it launches Nov. 9. The company said it achieves this balance by eliminating the need for a native network token, acting as a decentralized public utility, while harnessing the power of the Hedera Consensus… Read More

November 5, 2021 @ 3:31 pm By Tony Zerucha  |  

Blockchain-based derivatives trading platform CloseCross has switched from Ethereum to Polygon, the company announced this week By switching to Polygon, a protocol and framework for building and connecting Ethereum-compatible blockchain networks, the MIFID-licensed platform said it is able to reduce costs for users by up… Read More

November 4, 2021 @ 9:20 pm By Tony Zerucha  |  

Lynx Global has partnered with cryptoasset custody and trading solutions provider Copper.co to improve financial inclusion to the underserved population in Southeast Asia. The process begins with the digital hotbed of the Philippines. Under this association, Copper.co will provide custody and complete institutional cryptoasset trading… Read More

November 4, 2021 @ 7:45 pm By Tony Zerucha  |  

The TokenPocket app was removed from the App Store this week due to what appears to be a disagreement between the company and payments giant PayPal. In a statement on its website dated Nov. 4, TokenPocket said its app was removed from the App Store… Read More

November 4, 2021 @ 6:25 pm By Tony Zerucha  |  

TradeStation Group, an online broker, announced today it is going public through a SPAC with the Quantum Fintech Acquisition Corporation. The new company will list on the NYSE under the symbol QFTA after the transaction closes some time in the first half of 2022. It… Read More

November 4, 2021 @ 3:42 pm By Tony Zerucha  |  

The Government of Singapore, BlackRock Global Funds, and the Canada Pension Plan Investment Board are among the reported 122 institutional investors who have gobbled up more than $1 billion worth of shares in Paytm, which in a few short years has grown into an Indian… Read More

November 3, 2021 @ 10:03 am By Tony Zerucha  |  

Holiday shoppers plan to embrace buy now, pay later (BNPL) schemes with both arms this holiday season, the results of a study from GoCardless suggest. Overall, 42 per cent of shoppers plan to use the tool, and that rate rises to 60 per cent for… Read More

November 2, 2021 @ 11:57 pm By Tony Zerucha  |  

Q2 Holdings, a provider of digital transformation solutions for banking and lending, and Boston Consulting Group (BCG) today announced the launch of YieldBuilder, a solution that addresses effective loan pricing for commercial banks. The companies cite research from S&P Global Market Intelligence which indicates net… Read More

November 2, 2021 @ 11:18 pm By Tony Zerucha  |  

NFT-focused investment firm Sfermion this week announced the close of Fund II, a $100 million venture fund with participation from Alan Howard, Chris Dixon, Marc Andreessen, Cameron and Tyler Winklevoss, Matthew Roszak, Digital Currency Group, CMT Digital, and Animoca Brands. Sfermion’s mission is to accelerate… Read More

November 2, 2021 @ 7:25 pm By Tony Zerucha  |  

The founder of deVere Group predicts pending central bank interest rate announcements could cause a rise in the price of major cryptocurrencies this week. Nigel Green said the U.S. Federal Reserve, the Bank of England, the Central Bank of Norway, and the Reserve Bank of Australia,… Read More

November 2, 2021 @ 4:12 pm By Tony Zerucha  |  

Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests. Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company produced an immediate spike in the value of some metaverse platform tokens. MANA,… Read More

November 2, 2021 @ 4:02 pm By Tony Zerucha  |  

Singapore Exchange (SGX) today announced it is licensing its iEdge Bitcoin Index to Propine, a digital asset custodian and a Bitcoin ETF service provider licensed by the Monetary Authority of Singapore.. SGX launched the iEdge Bitcoin Index amidst strong market demand for indices that track… Read More

November 2, 2021 @ 9:33 am By Tony Zerucha  |  

As the DeFi revolution continues, we’re first going to see the introduction of tools like those in more mature markets, then we’ll watch as those tools adapt to the specific needs of DeFi. One of the DeFi tools still in its infancy are volatility measures,… Read More

October 30, 2021 @ 5:12 pm By Tony Zerucha  |  

Cross-border payment hub Tranglo has launched its new cross-border payment corridor to Mongolia. They said it will aim to improve the cross-border payment services there via a single connection to regional corridors and local partners. According to World Bank estimates, remittance inflows to Mongolia made… Read More

October 30, 2021 @ 4:32 pm By Tony Zerucha  |  

Global payments platform 2C2P this week announced a partnership with UnionPay International to offer the UnionPay 3-D Secure (3DS) payment authentication solution to its network of merchants in Southeast Asia and Hong Kong. The move should provide consumers with an easier and safer option for… Read More

October 28, 2021 @ 10:47 pm By Tony Zerucha  |  

AlphaFin, a Fintech company that helps customers transition to blockchain-based financial systems, today announced the successful onboarding of a blockchain-powered microfinance institution in concert with Dhosa Chandaneswar Bratyajan Samit headquartered in Kolkata, India. “The significance of this achievement is that for the very first time,… Read More

October 28, 2021 @ 10:15 pm By Tony Zerucha  |  

ModelManagement.com, the digital marketplace for models, talents, and influencers built on the principles of transparency, trust, and safety, has announced a strategic partnership with Deel, a global payroll and compliance service provider. The partnership is geared towards bringing on-time payments to models around the world,… Read More