General News

April 8, 2019 @ 9:00 am By Erin Hobey  |  

Fresh from its new partnership with Nationwide, BlueVine, a provider of online working capital financing for small and medium-sized businesses, is adding term loan financing to its suite of online financing solutions. The BlueVine Term Loan seeks to provide small and medium-sized business owners fast… Read More

April 8, 2019 @ 7:39 am By Samantha Hurst  |  

Standard Chartered Bank announced on Monday it has officially opened its Africa eXellerator Innovation Hub in Kenya. According to the digital bank, the innovation hub will serve asa platform to collaborated with fintechs in Kenya, as well as the broader African region to drive innovation… Read More

April 7, 2019 @ 9:23 pm By Samantha Hurst  |  

 Plug and Play announced today the 150 startups participating in their Summer 2019 accelerator batches. Entrepreneurs from each startup will take part in one of the following programs, which are Enterprise 2.0, Health, Insurtech, Internet of Things, Mobility, Real Estate & Construction, and Travel &… Read More

April 5, 2019 @ 8:10 am By Samantha Hurst  |  

Crowdfunded brewery company BrewDog announced this week it has formed a partnership with British Airways to offer a new unique craft beer that will be available on the airline’s flights. The company noted its new brew, Speedbird 100, is cleared for take-off on May 1st…. Read More

April 4, 2019 @ 10:38 am By Cali Haan  |  

By most estimates, “cryptojacking”  and “shadow mining,” the secret mining of cryptocurrencies on other people’s machines, are increasing as hackers have started to favour them over confrontational ransomware and other hacks. But Security Information and Event Management firm Exabeam says that most IT professionals they… Read More

April 4, 2019 @ 8:30 am By JD Alois  |  

JP Morgan Chase CEO Jamie Dimon is out with his annual shareholder letter, a missive that is widely read not only for its insight into the future of JPM but for Dimon’s thoughts on other issues. As one would expect, Dimon covered a wide swath… Read More

April 4, 2019 @ 7:30 am By Samantha Hurst  |  

KoreConX announced on Thursday that 3iQ Corp. (3iQ), a Canada-based regulated multi crypto asset portfolio manager, has chosen the KoreProtocol for its Digital Securities Offering. According to KoreConX, 3iQ is claimed to be the first Canadian investment fund manager to fully comply with the terms and… Read More

April 4, 2019 @ 4:51 am By Erin Hobey  |  

Fintech innovator Fenixera has launched its reporting and tracking platform. Fenixera, a global debt recovery platform tool designed to protect people from having to write-off international debt, is based in Norway. The platform account software aims to enable users to check people’s credit and payment history… Read More

April 2, 2019 @ 10:21 pm By Cali Haan  |  

A number of high-profile ransomware attacks in the early months of this year have put a spotlight on the importance of firms working to prevent them. In March, operations at Norwegian aluminum producer Norsk Hydro and American chemical companies Hexion and Momentive were interrupted by… Read More

April 2, 2019 @ 8:30 pm By Cali Haan  |  

41% of cyber attacks are deployed against healthcare entities, Canadian Underwriter reports, whereas only 20% of attacks are leveled at financial firms. The information comes from specialist insurer Beazley in its Beazley 2019 Breach Briefing. The reason healthcare targets are preferred, says Beazley, is because unlike… Read More

April 2, 2019 @ 11:43 am By Erin Hobey  |  

€1 million….now in sight!  JIVR, the UK-based foldable, electric and chainless bike brand, has exceeded €944,670 during its Seedrs campaign with the confidence of more than 252 investors. To recap, funding from Seedrs will be used to establish a comprehensive sales channel mix of B2C, B2B and… Read More

April 2, 2019 @ 11:12 am By Erin Hobey  |  

Tokeny, the Luxembourg-based fintech compliant tokenization platform delivering institutional grade solutions in the issuance, lifecycle management and secondary trading of security tokens, has partnered with global law firm DLA Piper. Hedera Hashgraph recently cited DLA Piper as first members of the Hedera Hashgraph Governing Council,… Read More

April 1, 2019 @ 8:02 am By JD Alois  |  

Invest Hong Kong (InvestHK) has announced a “significant expansion” of its annual Hong Kong Fintech Week. Hong Kong has emerged as a leading center for financial innovation. Supported by government officials, Fintech disruption has gained velocity.  Just recently, Hong Kong announced the approval of the… Read More

March 29, 2019 @ 3:32 am By Cali Haan  |  

Operations at the American chemical firms Hexion and Momentive were disrupted March 12th when company computer systems were locked up by LockerGoga ransomware, Motherboard reports. LockerGoga is the same ransomware experts believe was used to cripple operations at American and European aluminum smelters run by… Read More

March 28, 2019 @ 4:58 am By Erin Hobey  |  

In mid-March, Taiwan-based blockchain security company CoolBitX, creator of CoolWallet S, a Bluetooth mobile hardware wallet for digital assets, has created a tech partnership with the Asia Blockchain and Crypto Association (ABACA), the appointed Self-Regulatory Organization (SRO) of the Philippine government agency Cagayan Economic Zone Authority… Read More

March 26, 2019 @ 12:04 pm By Erin Hobey  |  

Exscudo, a blockchain platform which helps users to manage, hold and transfer digital as well as traditional financial assets, recently announced an upcoming credit card linked to the Channels app that will support support EUR, BTC and EON, with plans to add BCH, EHT, ETC,… Read More

March 26, 2019 @ 11:04 am By Erin Hobey  |  

Honeycomb Credit, a two year old Pittsburgh-based fintech platform, aims to enable growing businesses loans to be underwritten by its customers at reasonable rates and terms. Honeycomb Credit reportedly offers investors (customers of a certain business) an 8-14% return on their investment over a 36-60… Read More

March 23, 2019 @ 9:30 am By Cali Haan  |  

A comprehensive malware called “CardinalRAT” has been used to target two Israeli Fintech companies, “who write software relating to forex and cryptocurrency trading,” cybersecurity firm Palo Alto Network writes. Attackers appear to be motivated by financial gain. Once installed, CardinalRAT malware allows attackers to: Collect victim information  Update… Read More

March 23, 2019 @ 6:19 am By Cali Haan  |  

Legal intelligence newsletter JD Supra has published an article advising lawyers on what to do in the event that client files are compromised in a data breach. Data breaches attacks on public institutions and private businesses are becoming increasingly common as hackers find more and… Read More

March 21, 2019 @ 1:59 pm By Samantha Hurst  |  

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced on Thursday its Board of Directors has approved the listing of the Fund’s shares so that they may be traded in the secondary… Read More