Global

October 30, 2019 @ 8:37 am By Omar Faridi  |  

The developers of the Shyft Network have reportedly hired two former Financial Action Task Force (FATF) officials as company advisors to help with the development of its new regulatory compliance product. FATF’s former executive secretary Rick McDonell has joined Shyft Network’s  board of directors. Josee… Read More

October 30, 2019 @ 8:01 am By Omar Faridi  |  

New Zealand-based Brave New Coin (BNC), a data and research firm focused on the blockchain and digital equities industry, has partnered with multi-currency futures exchange BTSE in order to release the BNC-BTSE Composite Index (BBCX).  According to a press release shared with Crowdfund Insider, the… Read More

October 30, 2019 @ 7:36 am By JD Alois  |  

Black Manta Capital Partners and Tokeny have formed a partnership to build a “fully compliant Multi-STO-Platform.” for Europe. It is important to note that the Black Manta Investment Platform is operated by BMCP’s ​Berlin (BMCP GmbH) which has reportedly received its license within the MiFID… Read More

October 30, 2019 @ 6:01 am By JD Alois  |  

Starling Bank, a digital challenger bank, is now offering a debit card that allows customers to spend directly in Pounds or Euros (ie no standard forex fee). According to a release, the dual currency card feature goes live on the same day as Starling launches… Read More

October 30, 2019 @ 4:00 am By JD Alois  |  

Digital bank Revolut has utilized Open Banking APIs for the first time with a tie-in to Intuit QuickBooks, according to a note from Revolut. This will be the first time that Revolut has collaborated with a third-party provider to use the advanced functionality of UK… Read More

October 30, 2019 @ 2:55 am By Cali Haan  |  

Auditing and consulting giant Deloitte is partnering with Isreali company QEDIT to add privacy-improving zero-knowledge proof cryptography to its Eduscrypt platform. Eduscrypt uses a blockchain system to securely log education and work credentials that may be used by organisations looking to submit, track, and confirm… Read More

October 30, 2019 @ 2:00 am By JD Alois  |  

This past June, France saw its first security token offering based on a real estate transaction. The process was managed by Equisafe, a platform that describes itself as a “neo investment bank.” The digital securities raised €6.5 million. In a blog post from August, the… Read More

October 29, 2019 @ 10:54 pm By Omar Faridi  |  

Tokyo-based Softbank, a multinational conglomerate holding company that provides fixed-line, mobile telephony, internet, telecommunications, and digital television products, is planning to invest $655 million into Greensill, a UK-headquartered supply chain finance company. Softbank has been a prominent investor in the Fintech sector having taken positions… Read More

October 29, 2019 @ 12:14 pm By JD Alois  |  

Smart Lenders, an asset management company specialized in managing portfolios of loans issued through online lending platforms (marketplace/crowdlending), is celebrating its fifth birthday. Founded in 2014 in London by Erich Bonnet (now based in Paris), Smart Lenders is now providing some data points regarding its… Read More

October 29, 2019 @ 11:34 am By JD Alois  |  

Israeli high tech firms are having a gangbuster year when it comes to raising capital. According to a report published by IVC Research Center and ZAG S&W Zysman, Aharoni, Gayer & Co, during Q3 these firms raised a record $2.24 billion for 142 different deals…. Read More

October 29, 2019 @ 11:03 am By JD Alois  |  

On October 25, 2019, Paxos sent a letter to the Securities and Exchange Commission (SEC), Division of Trading and Markets. The letter was in request to receive a No Action letter from the SEC in regards to Paxos’s operation of a securities settlement system. Paxos… Read More

October 29, 2019 @ 10:44 am By JD Alois  |  

Interdax, a digital assets exchange offering crypto derivative contracts has opened its testnet to the public, according to a company release. Interdax, registered in the Seychelles, said its crypto derivatives platform takes a “novel approach to trading” by giving investors the option to interact and… Read More

October 29, 2019 @ 10:33 am By Omar Faridi  |  

570easi, a French home finance and savings solutions company, has introduced its own challenger bank, called SOeasi, in order to establish the world’s first Islamic ethics-focused neobank. The challenger bank aims to leverage 570easi’s existing customer base as a foundation to help grow its business…. Read More

October 29, 2019 @ 9:11 am By JD Alois  |  

Trustology has integrated MoonPay into its TrustVault custodial wallet platform, according to a release.  The partnership enables users to easily buy cryptocurrencies by connecting their TrustVault app with the fiat-to-crypto payments platform MoonPay. TrustVault users may now go into the App and immediately purchase BTC,… Read More

October 29, 2019 @ 8:23 am By JD Alois  |  

The European Commission is well known for talking a lot but, at times, doing very little. The Europea Banking Authority is out with a report today telling the Commission to pick up the pace when it comes to cross border activity in banking, payments and… Read More

October 29, 2019 @ 7:57 am By JD Alois  |  

A recenty survey indicates that merchants are very interested in Open Banking. While the topic started as an esoteric policy goal with few people really understanding what it meant, a report from Sentenial/Nuapay indicates popular interest exists and that 97% of merchants are already looking… Read More

October 28, 2019 @ 1:04 pm By Cali Haan  |  

InfiniGold, a company “digitizing” gold reserves at the Perth Mint, has responded to Crowdfund Insider’s questions forwarded earlier this month regarding the companies’ plans to issue a Perth Mint Gold Token (PMGT) on the Ethereum blockchain. Andreas Ruf, CEO at Infinigold, began by describing both… Read More

October 28, 2019 @ 11:38 am By JD Alois  |  

ID Finance, a Fintech that is queued up for expansion into the Latin America market, is now above £2 million in its securities offering on Crowdcube. At the moment, ID Finance stands at £2.337 million backed by 730 investors. ID Finance originally sought £2 million… Read More

October 28, 2019 @ 10:55 am By Omar Faridi  |  

Malta-based digital asset exchange OKEx announced recently that it will be joining the global blockchain platform Klaytn, which has been developed by Kakao’s subsidiary Ground X. On October 25, OKEx’s management noted that blockchain project Klaytn is preparing to onboard the digital currency exchange into… Read More

October 28, 2019 @ 9:15 am By Omar Faridi  |  

The Securities Commission Malaysia (SC)  hosted the sixth edition of the SCxSC Fintech Conference on October 22, an event aimed at helping to scale up the nation’s Fintech industry.  Notably, Malaysia’s Fintech sector has seen several new players enter its ecosystem, following the regulatory agency’s… Read More