General News

June 28, 2022 @ 4:38 pm By JD Alois  |  

Giacomo Bertoldi, CEO of Walliance, has been appointed as the new Chair of EUROCROWD. Bertoldi will be taking over from Christin Friedrich, founder and CEO of Innovestment. The selection of Bertoldi was made during EUROCROWD’s meeting last week and he will serve as non-executive Chair… Read More

June 28, 2022 @ 10:26 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge in the UK, along with the World Economic Forum and the World Bank, have published the Global COVID-19 Fintech Impact and Industry Resilience Study. CCAF has long been the leading research institute reviewing… Read More

June 28, 2022 @ 7:40 am By Omar Faridi  |  

Hamilton Lane (NASDAQ: HLNE) recently announced that Victor Jung is joining the firm as Head of Digital Assets. In this role, Jung will be “responsible for developing and overseeing the execution of the firm’s digital asset strategy.” He will oversee this strategy globally and “report… Read More

June 26, 2022 @ 10:22 pm By Omar Faridi  |  

Small business credit platform Tillful, backed by ING Ventures, Experian Ventures, Bitrock Capital, and Katalyst Ventures, announced that it’s partnering with Experian to help establish credit profiles for businesses that “are new to credit or otherwise credit invisible, and thereby potentially expand the range of… Read More

June 25, 2022 @ 4:40 pm By JD Alois  |  

While some people say a proverbial “soft landing” is possible for the economy a growing number of people are expecting a recession as soon as this year or perhaps in 2023. As a recession is two consecutive quarters of negative growth, and the fact that… Read More

June 24, 2022 @ 2:35 pm By Omar Faridi  |  

The Harmony team has identified a theft taking place this morning (June 24, 2022) on the Horizon bridge amounting to approximately $100 million. 3/ Note this does not impact the trustless BTC bridge; its funds and assets stored on decentralized vaults are safe at this… Read More

June 24, 2022 @ 12:04 pm By Omar Faridi  |  

Digital asset brokerage firm Voyager Digital Ltd. (TSX: VOYG) is reportedly limiting client withdrawals via its platform to $10,000 and to 20 transfers during a 24-hour timeframe. The New York-headquartered company, which secured $485 million in loans during the last week from Alameda Research in… Read More

June 24, 2022 @ 10:57 am By JD Alois  |  

While Miami has long been known for white sandy beaches and awesome weather, in recent years Miami has emerged as a crypto-haven with many blockchain startups and early-stage ventures setting up shop in the Southeast Florida location. But it is not just blockchain firms and… Read More

June 24, 2022 @ 8:23 am By Omar Faridi  |  

Sahil Thapa has reportedly joined from Deutsche Bank to lead tech and innovation teams at Recognise Bank. Sahil Thapa has been appointed Chief Technology Officer (CTO) at Recognise Bank, the digital small business bank “serving the UK’s 3.5 million SMEs with lending and business savings… Read More

June 23, 2022 @ 9:26 pm By JD Alois  |  

Well, this is interesting. While many active market participants view crypto as similar to an online casino and some think it may be a longshot home-run, about 25% of Americans expect crypto to be a source of income in their retirement. This is according to… Read More

June 23, 2022 @ 6:25 pm By Omar Faridi  |  

Ramp, the payments company making crypto accessible to everyone, recently announced its integration with the GameStop Wallet. The Ramp integration “allows GameStop Wallet users to purchase Ethereum quickly and without needing to leave the Company’s self-custodial Ethereum wallets.” Ramp enables enterprises “to deploy fiat to… Read More

June 22, 2022 @ 11:57 pm By Omar Faridi  |  

ARA Venn, a specialist investment manager of private debt in the residential sector, has “completed a fund-raise of up to £280m to invest in home-finance plans” to be originated by StrideUp, a digital home finance group that is “co-owned by ARA Venn.” Over the past… Read More

June 22, 2022 @ 3:37 pm By Omar Faridi  |  

TD Bank Group announced that it would offer open-source access to its Equity Resource Hub, a digital platform “created by TD Lab to integrate diversity, equity and inclusion into all stages of product & service design.” By making the Hub, initially a proprietary tool launched… Read More

June 22, 2022 @ 11:06 am By Omar Faridi  |  

Anchorage Digital is pleased to announce early access to programmatic transfers for protocols, “unlocking new efficiencies in treasury management.” Anchorage Digital‘s external transfer API, the “first” from a federally chartered crypto bank, “reduces overhead and manual approvals of payment requests by enabling automated and high-volume… Read More

June 22, 2022 @ 2:00 am By JD Alois  |  

The British Business Bank has shared the results of its annual Small Business Equity Tracker and the numbers for 2021 appear pretty strong. The Equity Tracker uses data from Beauhurst on publicly announced equity deals into UK SMEs. According to the Bank, equity investments in… Read More

June 21, 2022 @ 8:04 pm By Omar Faridi  |  

Visa (NYSE: V), which claims to be the leader in virtual payments, recently announced the launch of its global She’s Next initiative in the United Arab Emirates in order to economically empower women entrepreneurs. The initiative has been introduced with assistance from First Abu Dhabi… Read More

June 21, 2022 @ 4:59 pm By JD Alois  |  

Republican members on the US Senate Banking Committee have requested more information from the Securities and Exchange Commission (SEC) regarding the Commission’s proposal to require reporting companies to disclose their climate impact. In a letter addressed to SEC Chairman Gary Gensler, signed by the 12… Read More

June 21, 2022 @ 8:04 am By JD Alois  |  

Earlier today, Goldman Sachs upped their expectations for a recession in the not-so-distant future raising the probability to 30% from 15%. Goldman is not alone in predicting a recession that would bring more economic pain to everyone. A survey distributed today appears to indicate that… Read More

June 21, 2022 @ 1:28 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), which claims to be global leader in the evolution of digital P2P payments, recently released the findings of a new customer survey detailing trends around “how families in the United States are transferring money around the world this year.” These… Read More

June 19, 2022 @ 3:07 pm By Omar Faridi  |  

Efma has recently unveiled a new name, new logo, and new purpose “as part of an extensive rebranding initiative.” Now, Efma is called Qorus (pronounced kaw-ruhs). Efma has “approached the half-century mark of its existence and undertaken the most important transformation in its history –… Read More