October 28, 2021 @ 8:39 am By Tony Zerucha  |  

MoonPay, a global cryptocurrency payments solution, and the HBAR Foundation today announced US customers in most states can now purchase the Hedera network’s native token, HBAR, through MoonPay’s platform. The Hedera network is an increasingly popular, sustainable enterprise-grade public network for the decentralized economy. The… Read More

October 27, 2021 @ 11:15 pm By Tony Zerucha  |  

  Bosonic’s layer 2 blockchain infrastructure will be a clear player in digital asset markets because it addresses the key issues of counterparty credit and settlement risk, founder and CEO Rosario Ingargiola said. The company draws from Ingargiola’s two decades of experience with building algorithmic,… Read More

October 27, 2021 @ 10:36 pm By Tony Zerucha  |  

Banking software company Temenos today announced microfinance company Barko Financial Services plans to enter the retail banking market in South Africa with a new digital bank built on Temenos Transact and powered by The Temenos Banking Cloud. Barko will leverage the full front-to-back services, giving… Read More

October 27, 2021 @ 10:33 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) today announced a $38.8 million settlement of charges against Akazoo S.A., a purported music streaming business based in Greece, for allegedly defrauding investors out of tens of millions of dollars in connection with a 2019 SPAC business combination. Akazoo’s… Read More

October 27, 2021 @ 10:21 pm By Tony Zerucha  |  

Deserve, a Fintech company transforming credit cards into mobile-centric software, has received a strategic investment from Visa to expand access to Deserve’s credit-card-as-a-service for financial institutions, Fintechs and brands. Visa joins Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie Mae in supporting… Read More

October 27, 2021 @ 9:15 am By Tony Zerucha  |  

While some believe the recent approval of a Bitcoin futures ETF means a similar product for Ethereum is on its way, don’t hold your breath, one analyst predicts. Genesis’ head of market insights Noelle Acheson said the assumptions of a pending approval for an Ethereum… Read More

October 26, 2021 @ 11:28 pm By Tony Zerucha  |  

The British Business Bank this week announced the Recovery Loan Scheme has passed a significant milestone, with 76 accredited lenders having offered more than £1bn to smaller UK businesses. Of the £1.06 billion of funding offered through 6,190 facilities so far, £822.8m has been drawn… Read More

October 26, 2021 @ 10:04 pm By Tony Zerucha  |  

Binance NFT, the NFT marketplace of Binance, recently announced the launch of its first-ever initial game offering (IGO). The IGO is part of Binance’s brand new initiative to build the ultimate launchpad for NFT games and gamers, the company said. Initial game offerings provide individuals… Read More

October 26, 2021 @ 9:26 pm By Tony Zerucha  |  

Data presented by MejoresApuestas.com confirms OpenSea is the dominant NFT marketplace. That space is growing dramatically, as market volume topped $15 billion last week. Last week, all-time trading volume on OpenSea surpassed $9.4 billion, a figure representing 60 per cent of all marketplace trading volume…. Read More

October 26, 2021 @ 5:53 pm By Tony Zerucha  |  

A new digital asset company was announced at Money2020 today, and based on its executive roster it has a chance to make waves in the industry. Cion Digital has been operating in stealth mode for several months as it quietly introduced the Cion Blockchain Orchestration… Read More

October 26, 2021 @ 5:14 pm By Tony Zerucha  |  

Payveris, a real-time money movement provider for financial institutions and their partners, today announced today the launch of Bill Center, powered by Paymentus’ Instant Payment Network ecosystem. Bill Center is a fully unified payment hub that provides consumers with a 360-degree view across all bills… Read More

October 26, 2021 @ 2:53 pm By Tony Zerucha  |  

Global branded payments provider Blackhawk Network and global buy now, pay later firm Zip (formerly known as Quadpay) this week introduced new ways to purchase gift cards just in time for the holiday season. The partnership will integrate Blackhawk’s branded payments network to more than… Read More

October 26, 2021 @ 2:29 pm By Tony Zerucha  |  

Crypto wallet and payments platform Zumo this week released the report Decarbonizing Crypto: A state of play. It is a cross-sector effort to explore the carbon footprint of cryptocurrencies and the task of decarbonization. The report also explores the complexities of decarbonization and how the… Read More

October 26, 2021 @ 2:24 pm By Tony Zerucha  |  

FTSE Russell and Digital Asset Research (DAR) today announced the launch of the FTSE Russell Digital Asset Index Series. Debuting this week are the FTSE Bitcoin Index, the FTSE Ethereum Index and the FTSE Cardano Index. The FTSE Digital Asset Index Series is designed to… Read More

October 26, 2021 @ 2:02 pm By Tony Zerucha  |  

Amount, a technology provider for financial institutions, and global modern card issuing platform Marqeta  (NASD:MQ) announced today a virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later (BNPL) space. The partnership alleviates the digital tools gap that prevents… Read More

October 25, 2021 @ 8:55 am By Tony Zerucha  |  

European SME lender October began by building a product for internal use, but the industry needed it too, so they branched out, COO Patrick de Nonneville said. October was founded in 2015 after de Nonneville had been looking at some Fintech investments in Europe. It… Read More

October 22, 2021 @ 6:13 pm By Tony Zerucha  |  

kevin., a Lithuanian Fintech startup providing payment infrastructure for online, mobile, and physical sales, has secured $10 million of new capital in a seed funding round. The investment, which brings the company’s total capital raised to $14 million, was co-led by OTB Ventures and Speedinvest,… Read More

October 22, 2021 @ 2:55 pm By Tony Zerucha  |  

Enterprise-focused blockchain platform Cypherium and Boston Consulting Group (BCG) this week released a joint white paper suggesting banks should potentially embrace crypto payments amid the emergence of central bank digital currencies (CBDCs) and evolving competition from big tech companies. With other private-sector payment solutions are ready to take on… Read More

October 21, 2021 @ 7:55 pm By Tony Zerucha  |  

As LendKey celebrates $500 million in funded loans, there are plenty of other reasons to celebrate too, co-founder and CEO Vince Passione said. Passione said as the country is coming off a pandemic year there are plenty of encouraging signs. Education loans are bouncing back,… Read More

October 19, 2021 @ 9:27 pm By Tony Zerucha  |  

While the recent drop in the United Kingdom’s unemployment rate to 4.5 per cent is reflective of a strengthening economy, there are still vulnerabilities, financial industry representatives believe. Conister director Douglas Grant said while the data suggests a strong and recovering UK workforce, attention needs… Read More