General News

August 6, 2022 @ 1:48 pm By Omar Faridi  |  

Fintech firm Plaid recently announced that financial services industry veteran Meghan Welch has joined as the firm’s very first Chief People Officer. Plaid has “grown to 1,200+ employees to support the mainstreaming of fintech.” Meghan’s over 20 years of professional experience at Capital One, “most… Read More

August 6, 2022 @ 8:59 am By Omar Faridi  |  

ING will be trialing a carbon footprint tracking app offered by Fintech firm Cogo with 350,000 mobile clients. The Footprint Insight feature is being made available to clients who currently use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint… Read More

August 5, 2022 @ 8:17 pm By Omar Faridi  |  

CME Group, which claims to be the world’s leading derivatives marketplace, announced its plans to further expand its cryptocurrency derivatives offering “with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.” Designed to match their U.S. dollar-denominated counterparts, Bitcoin… Read More

August 5, 2022 @ 6:47 pm By Omar Faridi  |  

Talon Cyber Security, the “secure” enterprise browser provider, recently announced $100 million in Series A funding, led by Evolution Equity Partners, “with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures, SYN Ventures and previous investors CrowdStrike co-founder and CEO George Kurtz, Lightspeed Venture Partners,… Read More

August 5, 2022 @ 6:05 pm By Omar Faridi  |  

App.shapeshift.com is reportedly becoming a one-stop shop for “all things DeFi.” From being able to connect to our app with 200+ wallets (including Metamask, WalletConnect, and xDefi), to having the ability to buy and sell with the industry’s leading on and off ramps一now, it is… Read More

August 5, 2022 @ 5:08 pm By Omar Faridi  |  

ZEBEDEE, which claims to be the leading Fintech and next-gen payment processor for the gaming industry, announced the launch of an integration allowing any business “to implement ‘Log in with ZBD’ and instantly grant users the ability to move money to and from different online… Read More

August 4, 2022 @ 3:36 pm By Omar Faridi  |  

Ping Identity (NYSE: PING), provider of the Intelligent Identity solution for the enterprise, today announced that it has “entered into a definitive agreement to be acquired by Thoma Bravo, a software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise… Read More

August 4, 2022 @ 8:54 am By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange, recently announced the appointment of its Co-Founder Yi He “as the new head of its venture capital (VC) arm and incubator, Binance Labs.” Binance CEO CZ (Changpeng Zhao) stated: “As… Read More

August 3, 2022 @ 9:06 am By Omar Faridi  |  

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest independent publicly-traded business intelligence company, announced that, as of August 8, 2022, Michael Saylor will “assume the new role of Executive Chairman” and Phong Le, the Company’s President, will also serve as the Company’s new… Read More

August 3, 2022 @ 1:39 am By Omar Faridi  |  

As Major League Soccer (MLS) nears the mid-way mark of its exciting 27th season, MLS and Avant, a credit-first neobank that gives consumers access to the financial solutions they “deserve,” announced “a multi-year partnership.” Kevin Chin, Head of Business Development & Partnerships at Avant, said:… Read More

August 2, 2022 @ 8:38 am By Omar Faridi  |  

OneID, the UK-headquartered identity tech firm that makes it simpler for consumers to prove who they are online or in an all-digital environment, recently announced that it has teamed up with DocuSign in order to offer government-certified ID verification to the firm’s electronic signature solution,… Read More

August 1, 2022 @ 8:27 pm By Omar Faridi  |  

Wise (LSE:WISE), the international tech firm focused on creating the best way to move funds across the globe, recently announced the appointment of Isabel Naidoo as Chief People Officer. Naidoo joins Wise, one of Glassdoor’s best places to work in the United Kingdom, with considerable… Read More

August 1, 2022 @ 7:42 pm By Omar Faridi  |  

Apifiny, the global cross-exchange digital asset trading network, recently announced the release of Apifiny Algo V1.1, an advanced crypto trading library in C++ “for High-Frequency Trading (HFT) and latency-sensitive traders.” This solution fully “supports futures trading, paper trading through Binance testnet, and has added Coinbase… Read More

August 1, 2022 @ 11:03 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC), Securities Industry and Financial Markets Association (SIFMA) and the Investment Company Institute (ICI) have published a “playbook” on T+1 settlement. The T+1 Securities Settlement Industry Implementation Playbook outlines the approach to identifying the implementation activities, timelines, dependencies, and… Read More

July 31, 2022 @ 4:31 pm By JD Alois  |  

This past week, the Securities and Exchange Commission (SEC) published its 41st annual Small Business Forum report, an effort to help guide the Commission on important issues facing small businesses and access to capital in the USA. While the SEC focuses most of its attention… Read More

July 31, 2022 @ 11:22 am By Omar Faridi  |  

The Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, which is a new tool “to help financial regulators assess risks to financial stability stemming from climate change.” This collaborative environment will “improve users’ access to public climate… Read More

July 30, 2022 @ 9:40 pm By Omar Faridi  |  

Commonwealth Bank has unveiled its latest technology hub designed “to support more than 400 software developers, cloud engineers and cyber specialists in the Melbourne CBD and help create new opportunities for Victoria’s expanding digital economy workforce.” The hub, based in the heart of Melbourne’s central… Read More

July 29, 2022 @ 5:19 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), a provider of global market infrastructure and tradable products, announced it is leveraging Snowflake, the Data Cloud company, “to migrate its corporate data and analytics from on-premises systems to the Cloud.” The adoption of Snowflake’s Data Cloud will “help… Read More

July 28, 2022 @ 10:01 am By JD Alois  |  

The US Economy delivered a second-quarter of GDP decline, an event that has historically determined that an economy is in recession. The US Department of Commerce, Bureau of Economic Analysis (BEA), reported that Q2 2022 GDP declined by -0.9%. This follows a Q1 decline of… Read More

July 27, 2022 @ 5:41 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has long championed entrepreneurship in Washington, DC. Founded in 1994, the SBE Council claims over 100,000 members. Its mission is to educate and advocate on behalf of these smaller firms – which typically do not have the… Read More