Global

February 13, 2019 @ 3:07 pm By JD Alois  |  

Valuation and strategy consultancy Brand Finance has published its annual report on the top brands for the world’s most valuable exchange brands. According to their numbers, the Chicago Mercantile Exchange (CME) is the top regulated exchange in the world. CME held the top spot last… Read More

February 13, 2019 @ 1:43 pm By JD Alois  |  

Property Partner announced its first “Opportunistic Fund” at the end of January. The new Fund is being launched to take advantage of the UK property market which has hit pause for the moment due to Brexit concerns. The Fund will “move fast as a cash… Read More

February 13, 2019 @ 10:12 am By JD Alois  |  

Hacked cryptocurrency exchange Cryptopioa has been given a green light to re-open its platform, according to a report in The New Zealand Herald. Authorities of the local Police’s High Tech Crime Group are quoted on the permission. Detective Inspector Greg Murton stated: “We have finished the… Read More

February 13, 2019 @ 8:38 am By JD Alois  |  

Insurtech Inshur has closed on a $7 million Series A investment round alongside a $2 million credit facility, according to a release from the company.  The investment was led by Munich Re Ventures with participation from MTech Capital – a venture fund focused on Insurtech. … Read More

February 13, 2019 @ 8:07 am By JD Alois  |  

GlobexUS Holdings, parent of Horizon Globex US, has inked an agreement with First Growth Funds Limited (ASX:FGF) to power regulatory compliant security tokens in both Australia and New Zealand. First Growth Funds trades on the Australian Stock Exchange and is a micro-cap with a market… Read More

February 13, 2019 @ 7:39 am By JD Alois  |  

The Gibraltar Blockchain Exchange (GBX) has listed the Iconiq token “ICNQ” to its Digital Asset Exchange (GBX-DAX). Since the beginning of 2019, GBX-DAX has listed XRP, EOS, TRON, XLM, and now ICNQ. In 2018, GBX-DAX received a full “Distributed Ledger Technology (DLT) Licence” from the Gibraltar… Read More

February 13, 2019 @ 1:08 am By Cali Haan  |  

The Financial Stability Board‘s (FSB) Randal K. Quarles has touched on the need for a global regulatory framework for cryptocurrencies in a speech delivered in Hong Kong February 10th at the Bank for International Settlements Special Governors Meeting. Quarles is the Vice Chairman for Supervision on… Read More

February 12, 2019 @ 10:37 pm By JD Alois  |  

The Hong Kong Secretary for Financial Services and the Treasury, James Lau, is visiting Ireland to foster closer financial co-operation between the two countries. According to a release, Lau met with the Minister of State at the Department of Finance and Public Expenditure and Reform of… Read More

February 12, 2019 @ 3:25 pm By Samantha Hurst  |  

Global Payables Platform Tipalti announced on Tuesday it surpassed $6.5 billion in annual transactions. The company reported that this milestone was reached as it has more than doubled new customer and business bookings in the second half of 2018 compared to the second half of 2017… Read More

February 12, 2019 @ 2:43 pm By Cali Haan  |  

Bitcoin advocates and companies like Ripple have long been critical of slow and expensive cross-border money transfer services provided by banks and other traditional firms. Ripple’s CEO Brad Garlinghouse presides over a vast sum of publicly-tradable XRP crypto tokens which the company has used to… Read More

February 12, 2019 @ 8:59 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the leading research institute for all things Fintech,  has launched its first survey of Regtech (regulatory technology) and Suptech (supervisory technology) firms. The new report is being completed in partnership with EY Japan. CCAF states that fieldwork is… Read More

February 12, 2019 @ 3:11 am By Erin Hobey  |  

According to Innovate Finance‘s new report 2018 FinTech VC Investment Landscape, investment in UK Fintech rose by 18% to $3.3 billion in 2018. Some additional highlights from the report include: Growth private equity investment rose 57% to $1.6 billion, while venture capital dipped to $1.7 billion… Read More

February 12, 2019 @ 1:38 am By JD Alois  |  

The Australia Securities and Investment Commission (ASIC) has issued a statement regarding payment of a fine by Byte Power Group Limited. Byte Power, a company that is engaged in diverse businesses such as food and wine and power management, paid ASIC $33,000 after the regulator issued an… Read More

February 11, 2019 @ 5:36 pm By JD Alois  |  

Fintech unicorn and stealth bank TransferWise is dropping their rates even lower. According to an email distributed by the UK based Fintech, fees for transfering currency are going down. Using the process of transferring dollars to euros, TransferWise cited the following example: Transfer USD $700 via bank ACH:… Read More

February 11, 2019 @ 10:25 am By JD Alois  |  

C2A Security, a tech firm providing in-vehicle solutions preventing cyber attacks, has closed on a $6.5 million Series A round. The round was led by Maniv Mobility and ICV with participation from Labs/02 – part of the OurCrowd platform. According to a release, C2A has developed… Read More

February 11, 2019 @ 8:58 am By Karsten Wenzlaff  |  

The European Parliament Elections are looming in May – and so far, there is no progress in sight regarding the European Crowdfunding Service Provider Regime. It remains unclear whether the Romanian Finance Minister TEODOROVICI will make the conclusion of the negotiation process a priority. The… Read More

February 11, 2019 @ 8:09 am By JD Alois  |  

Peer to peer lending research firm 4thWay has published a note touting the benefits of investing in P2P loans in contrast to more volatile equity investing. 4thWay says that Brexit induced market volatility should compel investors to consider investing in online loans. 4thWay says it is… Read More

February 11, 2019 @ 7:19 am By JD Alois  |  

LC Lite says it is using blockchain technology to simplify and speed up transactions requiring letters of credit. The platform is being launched by the founders of invoice financing platform Incomlend. According to a release, Incomlend currently processes funding volumes worth approximately $240 million annually… Read More

February 10, 2019 @ 6:47 pm By JD Alois  |  

Baromètre du Crowdfunding en France 2018 Recently the French Crowdfunding Association (Financement Participatif France or FPF) published their annual report on alternative finance in France. The report, produced in partnership with KPMG, is now in its third year and provides an important snapshot of sector growth for online… Read More

February 9, 2019 @ 3:16 pm By Cali Haan  |  

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More