General News

August 31, 2022 @ 2:09 pm By Omar Faridi  |  

Infobip Group, a global cloud communications platform company for customer engagement, and key player in CPaaS solutions, announced a partnership with Google and Goldman Sachs to launch “an innovative mentorship program for startups from Croatia, the youngest European Union member state with a population of… Read More

August 31, 2022 @ 10:00 am By Omar Faridi  |  

The FBI [Federal Bureau of Investigation] is warning investors that cybercriminals are “increasingly exploiting vulnerabilities in decentralized finance (DeFi) platforms to steal cryptocurrency, causing investors to lose money.” The FBI has “observed cybercriminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to steal investors’… Read More

August 30, 2022 @ 10:33 pm By Omar Faridi  |  

Truist Wealth has expanded its digital investment offerings with Truist Invest, a robo advisor, and Truist Invest Pro, a hybrid investing solution that “combines automated investing with access to a team of financial advisors.” Joseph M. Thompson, chief wealth officer at Truist, said: “Digital investing… Read More

August 30, 2022 @ 6:14 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology with a growing presence in New Jersey, is reportedly partnering with Rutgers University-Newark “to create and fund a new program designed to drive diversity and innovation within the financial technology field.” The… Read More

August 30, 2022 @ 4:14 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the top academic group studying Fintech, has published a report on digital finance in Latin America and its impact on SMEs’ access to capital. The SME Access to Digital Finance Study: A Deep Dive into the Latin America… Read More

August 30, 2022 @ 2:44 pm By Omar Faridi  |  

Digital identity is a constantly evolving concept and one that is “increasingly entwined with allied areas such as security, privacy, and management of identity-related data,” according to an update from Juniper Research. Usually issued and/or regulated by national identity schemes, a digital identity can “serve… Read More

August 30, 2022 @ 10:47 am By Omar Faridi  |  

Security Token Market is pleased to confirm that Archax, a global cryptocurrency and FCA regulated digital asset ecosystem, has joined the STM data partnership network. Archax provides professional investors and institutions “with a primary market for investing into digital asset projects, as well as a… Read More

August 29, 2022 @ 10:40 pm By Omar Faridi  |  

Cyberstarts, a venture capital firm focused on building next generation cyber companies, announced the closing of Cyberstarts Seed Fund III “with $60 million committed capital to invest in early stage cybersecurity companies.” This fund was “raised only a few months after the firm raised $200… Read More

August 29, 2022 @ 9:37 pm By Omar Faridi  |  

Floating Point Group (FPG), a cryptocurrency prime brokerage with an institutional trading desk and settlement platform, has appointed Peter Eliades, former J.P. Morgan and Wells Fargo banking executive “as Head of Distribution.” Eliades joins “a predominately technical and crypto-native leadership team.” With over two decades… Read More

August 29, 2022 @ 7:01 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), a provider of global market infrastructure and tradable products, announced the initial group of firms that intend “to become equity investors in the Cboe Digital business.” Cboe’s advanced discussions with potential equity partners “involve a broad and diverse range… Read More

August 28, 2022 @ 11:49 pm By Omar Faridi  |  

Boris Ilyevsky, Head of Coinbase Derivatives Exchange (at Coinbase (NASDAQ:COIN)) notes that the platform will be launching a Nano Ether futures contract (ET) on August 29, 2022 as they continue “to build an accessible futures market for the retail trader.” Sized at 1/10th of an… Read More

August 26, 2022 @ 3:50 pm By Omar Faridi  |  

GiveCard, a nonprofit organization that uses financial technology to power direct giving to the most vulnerable communities, has partnered with Highnote, which claims to be the world’s most modern card issuance platform, “to launch a new prepaid debit card program.” This enables shelters, non-profits, and… Read More

August 26, 2022 @ 10:53 am By JD Alois  |  

Earlier this month, the North American Securities Administrators Association (NASAA) issued an advisory cautioning the public on the rise of “Finfluencers.” NASAA is the association that represents state and provincial financial regulators. It also lobbies on behalf of state authority over securities and providers. Finfluencers… Read More

August 26, 2022 @ 8:39 am By Omar Faridi  |  

Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology, and market infrastructure, announced that it plans “to launch options on UK Carbon Emission Allowances (UKA Options) on October 10, 2022, subject to regulatory approval.” Gordon Bennett, Managing Director of Utility Markets at ICE,… Read More

August 25, 2022 @ 10:43 pm By Omar Faridi  |  

Research released by specialized payments platform Paysafe (NYSE: PSFE) reveals how retailers “may be missing out by not accepting payments in crypto.” A significant 80% of crypto owners “want to pay for goods with their crypto balances but are held back by a lack of… Read More

August 25, 2022 @ 9:47 pm By Omar Faridi  |  

MEW (MyEtherWallet), the platform to access the Ethereum ecosystem, announced the launch of its mobile NFT Manager “within the MEW wallet app, a user-focused way to access non-fungible tokens (NFTs) on the go with an iOS or Android device.” App users “can now browse, purchase,… Read More

August 25, 2022 @ 9:32 am By JD Alois  |  

The British Business Bank has announced a new ENABLE Funding facility to Propel, an independent asset finance provider. Propel was launched in 1996 to provide accessible finance to SMEs in the UK. Today, Propel has grown to become one of the UK’s largest independent finance… Read More

August 25, 2022 @ 8:56 am By Omar Faridi  |  

Transact365, a UK-based global payments platform powering merchants across the globe, has partnered with digital asset exchange FINECTUM. The partnership means that merchants using Transact365’s payments platform “can now accept and process crypto payments, including BTC, LTC, USDTE, USDTT, ETH and more, across five continents.”… Read More

August 23, 2022 @ 11:19 pm By Omar Faridi  |  

Liquidnet, a technology-driven agency execution specialist, recently announced the appointment of Nichola Hunter as the firm’s Global Head of Sales for Fixed Income. In fast-evolving markets, Hunter will be tasked with growing customer relationships through the delivery of tailored and innovative solutions. Based in London,… Read More

August 23, 2022 @ 10:31 pm By Omar Faridi  |  

First Federal Bank of Kansas City released a refreshed, innovative online and mobile banking platform powered by Narmi, an enterprise digital banking provider. Together they “enhanced the end-to-end digital experience from online account opening through online and mobile banking for First Federal’s 25,000 consumer and… Read More