July 10, 2024 @ 11:44 pm By Omar Faridi  |  

Pilot‘s CFO Services team recently published their Q1 Market update on the Venture Capital landscape. Their main takeaways are as follows: Deal activity in Q1 remained roughly flat QoQ, but varied by segment: pre-seed and seed-stage saw notable declines while late-stage saw moderate increases, with… Read More

 Tagged funding, pilot, research, vc, vc funding, venture capital

July 10, 2024 @ 6:16 pm By Omar Faridi  |  

Fave Singapore, operating under the registered entity name Beeconomic Singapore Pte. Ltd. and part of the Pine Labs group today announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) Licence to offer account… Read More

 Tagged fave, mas, payments, singapore

July 10, 2024 @ 12:00 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets. Users can now place the order and pay with cash in Taiwan’s local fiat currency, TWD, at popular offline convenience stores “such… Read More

 Tagged alchemy pay, crypto-assets, payments, taiwan

July 10, 2024 @ 10:12 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and MassPay, a provider of payment solutions for businesses, are expanding access to domestic instant payments. The collaboration is set to significantly “benefit industries facing complex real time payment requirements including the gig… Read More

 Tagged cross river bank, infastructure, masspay, payments

July 10, 2024 @ 8:18 am By Omar Faridi  |  

Clients of service providers including Lloyds, Halifax and Bank of Scotland will now be able to share their access and support needs. Experian announces Lloyds Banking Group (LBG) as the newest partner of its Support Hub service. As part of Experian Support Hub, LBG, home… Read More

 Tagged banking, experian, lloyds, uk, united kingdom

July 10, 2024 @ 7:45 am By Omar Faridi  |  

Global institutions are partnering with Pyth Network to shape the future of finance. That trend continues today as we welcome onboard AMINA Bank, a fully licensed Swiss bank and pioneer in the financial industry, as a market data provider to the network. AMINA Bank is… Read More

 Tagged amina bank, banking, finance, pyth network, switzerland

July 10, 2024 @ 7:07 am By Omar Faridi  |  

The Basel Committee on Banking Supervision has released a consultative document proposing Principles for the sound management of third-party risk in the banking sector. Ongoing digitalization has led to rapid “adoption of innovative approaches in the banking sector.” As a result, banks have become increasingly… Read More

 Tagged banking, basel committee, basel III, risk management, supervision

July 10, 2024 @ 7:04 am By Omar Faridi  |  

Business activity grew in nine UK nations and regions in June, after having risen in all 12 in the previous month, the latest NatWest Regional Growth Tracker showed. The NatWest Regional Growth Tracker Business Activity Index is said to be “the first fact-based indicator of… Read More

 Tagged natwest, research, uk, united kingdom

July 10, 2024 @ 3:49 am By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, announces the introduction of dual representation for bridging projects, now available across our entire product range. This innovative feature, powered by LendInvest’s Mortgages Portal, “offers customers greater flexibility and efficiency in managing their bridging deals.” With dual representation,… Read More

 Tagged bridging, lendinvest, mortgages, uk

July 9, 2024 @ 10:25 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, has lent several hundred million pound to British businesses in the first half of this year, as it continues its track record of supporting the most ambitious and innovative businesses across the UK. OakNorth’s focus has been on “supporting… Read More

 Tagged digital bank, lending, oaknorth, uk, united kingdom