December 2, 2024 @ 10:28 pm By Omar Faridi  |  

ADGM, the international financial centre (IFC) of Abu Dhabi, announced another quarter of steady growth, with a number of key achievements for the third quarter (Q3) of 2024 across various metrics. The results are said to underscore ADGM’s role in Abu Dhabi’s strategic goal to… Read More

 Tagged abu dhabi, adgm, mena region, progress report, uae

December 2, 2024 @ 4:16 pm By Omar Faridi  |  

Consumers valued various special deals this Black Friday, as digital commerce revenue grew +14.6% compared to 2023, according to an update from Mastercard (NYSE: MA). As noted in the preliminary insights from Mastercard SpendingPulse, U.S. retail sales excluding automotive were “up +3.4% on Black Friday,… Read More

 Tagged Black Friday, digital commerce, insights, mastercard, research, spending

December 2, 2024 @ 12:09 pm By JD Alois  |  

The UK is expected to make some major tax changes in the coming year to ostensibly fill the budget “black hole.” The new Labour government has messaged its intent to levy a higher tax on capital gains and remove the so-called “non-dom” status, which allows citizens… Read More

 Tagged laffer curve, revolut, taxes, uk, united kingdom

December 2, 2024 @ 9:31 am By Tony Zerucha  |  

2025 is shaping up to be a busy year for digital securities via blockchain, and tZERO says it is well-positioned to contribute to the growth of a unique method of providing primary raises, recapitalizations, and secondary trading. Senior Director of Business and Capital Development Ryan Zega… Read More

 Tagged algorand, ats, digital securities, exodus movement, fractionalization, jp richardson, Ryan Zega, tokenization, tzero

December 2, 2024 @ 8:17 am By Omar Faridi  |  

Global Fintech Wise (LSE:WISE) has reportedly entered European remediation plans over AML (anti- money laundering) issues. The global money transfer company has been ordered by European regulatory authorities to initiate a formal remediation plan regarding issues with its AML controls. This, according to an update… Read More

 Tagged aml, anti money laundering, compliance, wise

December 2, 2024 @ 5:08 am By Omar Faridi  |  

The majority of US consumers are drawn to credit cards for their convenience, credit building, or rewards with every “intention” to pay their balance in full every month, according to an update from LendingClub. But “life happens” and nearly half of cardholders end up carrying… Read More

 Tagged credit cards, financial wellbeing, lendingclub, research, united states

December 1, 2024 @ 9:11 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial tech platform for businesses, and Doctolib, the European firm focused on digital healthcare services, are joining forces to offer medical professionals secure financial services. The partnership, which was launched in France and Italy, allows Doctolib to offer its users online payment solutions,… Read More

 Tagged adyen, doctolib, europe, healthcare, payments

December 1, 2024 @ 7:33 pm By Omar Faridi  |  

WadzPay Worldwide Pte. Ltd., an innovator in the blockchain tech and financial services company, announced it secured a capital commitment of SGD 50 million in the form of a Share Subscription Facility (SSF) from GEM Global Yield LLC SCS. The SSF will now aim to… Read More

 Tagged gem global, sinagpore, wadzpay

November 30, 2024 @ 8:16 pm By Michael Wong  |  

British digital savings and mortgage platform Tembo has secured €16.8 million ($17.8 million) in a Series B funding round, aiming to expand its services and tackle the ongoing affordability challenges in the UK’s housing market. This latest investment brings the company’s total funding to €24… Read More

 Tagged goodwater capital, isa, mortgages, Tembo, uk, united kingdom

November 30, 2024 @ 6:09 pm By Tony Zerucha  |  

This week, Zetaris, a provider of AI data hub solutions, launched a suite of agentic AI capabilities for financial services, including AI Digital Brokers, AI Bankers, and other specialized AI solutions. Zetaris AI agents augment human expertise and empower financial professionals to focus on complex,… Read More

 Tagged ai, financial services, Vinay Samuel, Zetaris