General News

April 2, 2022 @ 1:14 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the modern card issuing platform, has shared data from a survey of European consumers on their overall attitudes and experiences of lending. The survey‘s key findings, which will be highlighted in an upcoming report on the future of lending, indicates that many… Read More

April 1, 2022 @ 1:31 pm By Omar Faridi  |  

TRM Labs, the provider of cryptocurrency anti-money laundering (AML) and investigations software, announced that former IRS-Criminal Investigations (IRS-CI) Special Agent Chris Janczewski has joined TRM “as Head of Global Investigations, bringing extraordinary investigative expertise to the next generation blockchain intelligence company.” While at IRS-CI, in… Read More

April 1, 2022 @ 8:07 am By Omar Faridi  |  

Millions of UK bank account holders are “putting themselves at a much greater risk” of fraud by ignoring warnings provided by the Confirmation of Payee (CoP) service. This, according to research by Lloyds Bank. When sending funds online to someone that hasn’t been paid before,… Read More

March 31, 2022 @ 4:59 pm By Omar Faridi  |  

Crypto Raiders, a dungeon crawler role-playing game built on the blockchain that rewards players with NFTs, has announced $6 million in funding from DeFiance Capital and Delphi Digital which co-lead the round. GuildFi, Merit Circle, Three Arrows Capital, Yield Guild Games and others participated in… Read More

March 31, 2022 @ 11:10 am By Omar Faridi  |  

Dapio, a UK-based firm that assists businesses with accepting contactless payments via their Android devices, has acquires $3.4 million in capital via a round that was co-led by payments firm Flutterwave and Techstars. Dapio, previously known as Paymob, aims to transform Android phones into payment… Read More

March 31, 2022 @ 6:44 am By Omar Faridi  |  

Westpac Group recently announced the appointment of Yianna Papanikolaou to the newly created role of Chief Transformation Officer. Papanikolaou will be sitting on the Group’s Executive Team and report directly to company Chief Executive, Peter King. She will have responsibility “for major change and investment… Read More

March 30, 2022 @ 9:17 pm By Omar Faridi  |  

TIFIN, a Fintech platform using AI and investment-driven personalization to “shape the future of investor experiences,” has announced that financial industry veteran Bill Parsons has joined the company as Executive Vice President and General Manager of TIFIN Grow. Parsons will be responsible for overseeing the… Read More

March 30, 2022 @ 11:57 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC), a vitally important entity for global securities markets, has announced two new Board members while pointing to their Fintech experience. DTCC has been deeply engaged in researching new technology, including blockchain, as it seeks to maintain relevance in… Read More

March 30, 2022 @ 11:32 am By Omar Faridi  |  

Multiverse Computing, a key player in quantum computing solutions for the financial industry and beyond, recently announced that it has submitted 22 patents from its research efforts in 2021, “demonstrating its intention to continuously innovate in quantum technology as well as protect the company’s intellectual… Read More

March 30, 2022 @ 9:57 am By Omar Faridi  |  

Finastra recently published a market assessment report, titled “Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance.” The research canvassed the opinions of 1,600 senior industry executives, “exploring the opportunities presented by Banking as a Service (BaaS) – to provide retail… Read More

March 29, 2022 @ 11:32 am By Omar Faridi  |  

Mettle, the NatWest-backed digital account for small businesses operating in the United Kingdom, has reported 500% customer growth since the beginning of last year, reaching 50,000 clients nationwide. Established back in 2018, the app-only banking service offers hard-pressed freelance workers, sole traders, and small business… Read More

March 27, 2022 @ 7:17 pm By Adam Putz, PhD,  |  

The blistering pace of venture capital deployment has emerged as one of the more salient investment themes from the pandemic. As Fred Wilson, partner at Union Square Ventures, observes, “It is tempting to mourn the loss of careful and considered investing but from where I… Read More

March 27, 2022 @ 11:22 am By Omar Faridi  |  

Unstoppable Domains, the platform for “user-controlled” digital identity on Web3 with 2 million registered NFT domains, recently announced two key hires to lead the firm’s global expansion efforts in Europe and Asia. Sajjad Rehman joins Unstoppable Domains as its new Head of Europe, “leaving his… Read More

March 27, 2022 @ 10:22 am By Omar Faridi  |  

UK house prices continue to “advance unrestrained,” and on average are “up £29,000” over the last year, according to an update shared by Blend Network, a specialist development finance lender. The Nationwide House Price Index increased by 12.6% YoY in February 2022, which is an… Read More

March 26, 2022 @ 8:47 pm By Omar Faridi  |  

The NGFS released a “Statement on Nature-related financial risks”, which acknowledges that nature-related risks, “including those associated with biodiversity loss, could have significant macroeconomic implications, and that failure to account for, mitigate, and adapt to these implications is a source of risks relevant for financial… Read More

March 26, 2022 @ 3:22 pm By Omar Faridi  |  

Classiq, which offers (what it claims to be) the leading platform for creating quantum software, recently announced a collaboration with NVIDIA (NASDAQ:NVDA) in order to bring large-scale quantum circuits to customers. Now, businesses and other organizations can “prepare for and explore the benefits of larger… Read More

March 26, 2022 @ 12:04 pm By Omar Faridi  |  

Huobi Research Institute, the blockchain research organization, has released its latest report, titled “Unveiling the Mysterious Bored Ape Yacht Club”. The report from Huobi analyzes the rise of the “infamous” Bored Ape Yacht Club NFT collection, and explains Yuga Labs’ ambitions “to branch into Gamefi… Read More

March 25, 2022 @ 12:14 pm By Omar Faridi  |  

On 22 March 2022, the Central Bank of Ireland  “reprimanded” and fined BNY Mellon Fund Services (Ireland) DAC €10,780,000 pursuant to its Administrative Sanctions Procedure (the ASP) for 16 regulatory breaches “relating to the outsourcing of fund administration activities.” The 16 breaches “arose because of… Read More

March 25, 2022 @ 11:37 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has appointed Dagmara Aldridge as its first Chief People and Culture Officer as it “seeks to reflect Future of Work trends and the latest neuroscience teachings.” With 15 years’ leadership and coaching experience, Dagmara, who was previously… Read More

March 25, 2022 @ 11:01 am By Omar Faridi  |  

FintechOS, a tech partner offering “high-productivity” Fintech infrastructure solutions for firms providing financial services, confirmed the launch of its accelerators for SME mobile lending and onboarding. The accelerators enable service provides to conveniently and efficiently enhance the SME customer onboarding process and streamline the loan… Read More