General News

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

March 21, 2019 @ 5:56 am By Erin Hobey  |  

UK Challenger bank Tandem Bank just added a new savings account feature powered by Autosavings. The new account pays 0.5% interest and helps anyone save little, while giving customers the flexibility to save how they want, when they want, rounding up purchases to the nearest pound… Read More

March 21, 2019 @ 5:20 am By Erin Hobey  |  

Tide Foundation just launched a data marketplace aimed at making privacy profitable. Tide’s blockchain protocol seeks to address costly GDPR compliance, compensation and data accuracy issues to drive a new consensual data economy. “While we all deserve a human right to privacy, we’re witnessing the disastrous results of… Read More

March 19, 2019 @ 9:39 am By Samantha Hurst  |  

KoreConX announced on Tuesday that Randee Pavalow, a member of the KoreConX advisory board, was appointed to be a member of the Ontario Securities Commission (OSC) Fintech Advisory Committee. According to KoreConX, the OSC administers and enforces compliance for the securities industry in Ontario and is… Read More

March 19, 2019 @ 6:03 am By Erin Hobey  |  

Finally, it’s vacation! There’s nothing worse that enjoying a beautiful drive and when, all of a sudden, you see bright, blicking lights in your rear view mirror.  Or when you’re already lost, going around the town square for the tenth time and you see those… Read More

March 19, 2019 @ 5:27 am By Erin Hobey  |  

Yesterday IBM (NYSE: IBM)  introduced Blockchain World Wire, a real-time global payments network for regulated financial institutions accessible to more than 50 countries. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, Blockchain World Wire claimants to be the first blockchain network… Read More

March 18, 2019 @ 4:11 pm By JD Alois  |  

The newly formed Association for Online Investment Platforms (AOIP) visited Washington, DC last week to discuss improvements for access to capital for small business and better opportunities for smaller investors. The trip was organized in partnership with the Small Business and Entrepreneurship Council (SBECouncil) –… Read More

March 15, 2019 @ 6:29 am By Cali Haan  |  

Ryuk ransomware has been used to lock up files at Boston’s Committee for Public Counsel Services, a public defenders office that provides lawyers to those who cannot afford them, The Boston Globe reports. Fortunately, the agency was able to refuse to pay a cryptocurrency ransom… Read More

March 14, 2019 @ 9:41 pm By Samantha Hurst  |  

Credit Suisse announced on Thursday it has joined forces with Swiss software provider KLARA to simplify online credit requests for SMEs. Credit Suisse reported that starting now, SMEs that use KLARA may submit online credit requests to its platform. “SMEs can thus directly submit their… Read More

March 14, 2019 @ 2:13 pm By Samantha Hurst  |  

Plug and Play announced on Thursday it has selected 135 startups to participate in their Spring 2019 accelerator batches. Entrepreneurs from each startup will take part in one of the following programs  Brand & Retail, Cybersecurity, Energy & Sustainability, Fintech, Food & Beverage, New Materials… Read More

March 14, 2019 @ 1:17 pm By Erin Hobey  |  

The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has launched Cosmos Network, a decentralized network of independent, scalable and interoperable blockchains. The Foundation views the Cosmos Network as the next step in the evolution of blockchain… Read More

March 14, 2019 @ 5:56 am By Erin Hobey  |  

Taiwan-based blockchain security company CoolBitX, creator of the Bluetooth mobile hardware wallet for digital assets, the CoolWallet S, 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 13, 2019 @ 4:00 pm By Samantha Hurst  |  

KoreConX announced on Wednesday it has formed a new partnership with global investment banking group, Entoro Capital. According to KoreConX, Entoro provides advice and services to a wide range of established and growth-oriented businesses around the world. The bank’s experienced professionals notably offer expertise across a… Read More

March 13, 2019 @ 8:07 am By Samantha Hurst  |  

MercadoLibre, Inc. (NASDAQ: MELI), a Latin American e-commerce technology company, announced on Tuesday it intends to offer approximately $1 billion of common stock. The company reported it also intends to grant the underwriters a 30-day option to purchase up to $150 million of additional shares… Read More

March 12, 2019 @ 2:17 pm By Samantha Hurst  |  

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time… Read More