September 23, 2024 @ 12:31 pm By Omar Faridi  |  

Ownera, a provider of tokenization interoperability networks based on the open FinP2P protocol, and Fnality, a financial market infrastructure bringing together the safety and institutional quality of central bank money with the functionality and resilience of blockchain technology, have announced a strategic partnership. This collaboration… Read More

 Tagged fnality, infrastructure, ownera, tokenization

September 23, 2024 @ 11:52 am By Omar Faridi  |  

Metro Bank is warning its personal and business customers against a rise in impersonation scams as part of its Scam of the Month awareness campaign. Consumers are being bombarded by phone, text or email from “trusted” organizations such as their bank, the police, HMRC, delivery… Read More

 Tagged banking, fraud, metro bank, scams, uk, united kingdom

September 23, 2024 @ 11:00 am By Omar Faridi  |  

Revolut, the global financial technology company has announced it has reached ten million customers in the UK. Revolut’s largest market, and where the company was “founded in 2015 has added nearly two million UK customers so far in 2024 and continues to grow.” Revolut has… Read More

 Tagged banking, digital bank, fintech adoption, revolut

September 23, 2024 @ 10:58 am By JD Alois  |  

Switzerland-based digital asset bank Sygnum has received approval to operate under the Token and Trusted Technology Service Provider license from Liechtenstein’s financial services regulator, the Financial and Markets Authority (FMA). The license positions the bank to operate under the European Markets in Crypto-Assets (MiCA) regulations…. Read More

 Tagged banking, EU, lichtenstein, mica, sygnum

September 23, 2024 @ 9:13 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) says it has topped 2500 clients that are leveraging their Alternative Investment Product (AIP) . The AIP service is a centralized trading and reporting platform that connects the alt investments industry to exchange data. The service includes money settlement… Read More

 Tagged dtcc

September 23, 2024 @ 8:47 am By Omar Faridi  |  

Solaris, Europe’s embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis). Solaris is reshaping into a stronger, “more resilient and agile organization that leads the market with innovative financial solutions.” As part… Read More

 Tagged berlin, embedded finance, europe, fintech adoption, germany

September 23, 2024 @ 8:37 am By Omar Faridi  |  

LemonEdge, the fund accounting solution for private markets, has announced a strategic partnership with Eleven, an investor portal solution. This partnership marks a significant milestone “for both companies, combining LemonEdge’s innovative accounting capabilities with Eleven’s powerful platform for automating and streamlining the entire investor lifecycle,… Read More

 Tagged eleven, lemonedge, london, private markets, uk

September 23, 2024 @ 8:34 am By Omar Faridi  |  

Boerse Stuttgart Digital provides crypto infrastructure to DZ BANK, giving cooperative bank customers access to cryptocurrencies Safe and easy access to regulated cryptocurrency trading and custody services for retail customers. This is said to represent a key milestone for mass crypto adoption in Europe. As… Read More

 Tagged boerse stuttgart digital, crypto trading, custody, digital assets, dz bank

September 23, 2024 @ 8:30 am By Omar Faridi  |  

Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research shared by Starling Bank. The data, from Starling Bank, found that over “a quarter… Read More

 Tagged fraud, research, scams, starling bank, uk, united kingdom

September 22, 2024 @ 7:39 pm By Michael Wong  |  

Malaysian Fintech major TNG Digital is exploring a potential domestic initial public offering (IPO) that could raise over $300 million within the next two to three years, according to two sources familiar with the matter, Reuters reported. The sources indicated that TNG Digital, which owns… Read More

 Tagged alibaba, fintech, ipo, malaysia, tng digital