Global

February 16, 2025 @ 11:35 pm By Omar Faridi  |  

GoCardless, the bank payment company, announces that it has selected Form3, the cloud-native account-to-account platform, to provide them with Bacs payment connectivity to “support the scale up of UK operations.” Form3’s technology solution provides GoCardless with improved operational and technical resilience to “ensure that service… Read More

February 16, 2025 @ 9:53 pm By Omar Faridi  |  

AU10TIX, a technology firm that’s focused on supporting identity verification and management, released its latest Report on Global Identity Fraud. Obtaining insights from transactions processed around the globe from Jan to Dec 2024, the report uncovers trends in organized identity fraud. “2024: The Year of… Read More

February 16, 2025 @ 7:41 pm By Michael Wong  |  

Turkish fintech company iyzico has finalized its $87 million acquisition of Paynet, securing regulatory approvals in one of the largest technology deals between two local firms, the company said. The acquisition, approved by the Turkish Competition Authority and the Central Bank of the Republic of… Read More

February 16, 2025 @ 7:06 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha comments on recent cryptocurrency trends. How much of the recent crypto price surge can be attributed to social media hype versus fundamental market drivers? “Bitcoin exhibits a strong correlation with the S&P 500, albeit with significantly higher volatility and… Read More

February 16, 2025 @ 6:34 pm By Omar Faridi  |  

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, is pleased to announce that Blockchain Intelligence Group (BIG) has acquired and renewed contracts with government agencies as well as law enforcement organizations. BIG is… Read More

February 16, 2025 @ 6:29 pm By Omar Faridi  |  

Agora, a platform of software and services that utilizes technology, automation, and real estate expertise to enhance investment management, is reportedly expanding its presence in the Australian market. Agora is forming a sales and support team across Sydney and Melbourne as a part of a… Read More

February 16, 2025 @ 6:26 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) announced financial results for the half year ending December 31, 2024. The firm’s shares rose around 15% on Thursday after the payments Fintech had reported full-year core earnings that are above market expectations, and forecast greater net revenue growth… Read More

February 16, 2025 @ 6:25 pm By Omar Faridi  |  

R3, the financial markets digital solutions provider, announces considerable momentum across projects, having reached the milestone of $10 billion in on-chain real-world assets (RWAs) across live Corda-based platforms, with over “1 million transactions processed each day.” Following the launch of its Digital Markets product suite… Read More

February 16, 2025 @ 6:17 pm By Michael Wong  |  

Derayah Financial Company has priced its initial public offering (IPO) at 30 riyals ($8) per share, the upper end of its indicated range, following strong demand from institutional investors. The Saudi-based independent digital investment platform attracted 243 billion riyals ($64.79 billion) in total orders during… Read More

February 16, 2025 @ 6:12 pm By Omar Faridi  |  

Provenance Blockchain Foundation is supporting the public blockchain for financial services, with $12B+ in RWA TVL. This public (permissionless) blockchain is reportedly leveraged by various financial institutions and fintech firms. Finance is evolving. Your portfolio won’t just be crypto, it’ll be tokenized real estate, private… Read More

February 16, 2025 @ 6:11 pm By Omar Faridi  |  

Newgen Software, a provider of an AI-enabled digital transformation platform, announced the implementation of its commercial lending solution at Enterprise Bank. The collab streamlined the bank’s lending processes, “enhanced efficiency, and improved customer service across its loan portfolio.” Enterprise Bank leveraged Newgen’s Commercial Lending solution… Read More

February 16, 2025 @ 6:09 pm By Omar Faridi  |  

Corpay, Inc. (NYSE: CPAY), an enabler of corporate payments, is announcing that Corpay’s Cross-Border business has introduced Multi-Currency Accounts, enabling businesses to expand footprints while benefitting from streamlined foreign currency management. While embarking on the milestone of expanding into different markets and engaging with customers,… Read More

February 16, 2025 @ 11:39 am By Omar Faridi  |  

From the “drought” in dealmaking to another solid year for early-stage firms, CBInsights has shared industry trends that are now transforming the global Insurtech sector. The research study from CBInsights notes that during the past year, investors continued to move away from Insurtech firms. According… Read More

February 16, 2025 @ 10:30 am By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to law firms, announced the launch of Elite Validate, a “purpose-built” billing compliance solution – powered by AI – that will transform and optimize how law firms manage adherence to Outside Counsel Guidelines (OCGs). Elite… Read More

February 16, 2025 @ 9:18 am By Omar Faridi  |  

Commerzbank and Visa (NYSE: V) have agreed on a strategic partnership in the card business. The firms are reportedly expanding their existing cooperation in payments. In the foreseeable future, Commerzbank customers will preferentially “receive debit and credit cards” from the global tech company Visa. The… Read More

February 15, 2025 @ 4:04 pm By Omar Faridi  |  

Two Estonian nationals have reportedly pleaded guilty to an alleged $577M cryptocurrency fraud scheme. The scheme is said to have victimized hundreds of thousands of people in the United States and abroad. As stated in the announcement, two Estonian nationals pleaded guilty for their operation… Read More

February 15, 2025 @ 3:38 pm By Omar Faridi  |  

SIX has reportedly launched the Digital Collateral Service (DCS), permitting financial institutions to post selected cryptocurrency assets as collateral alongside traditional collateral. The product offers a solution through which clients are able to manage traditional securities as well as cryptocurrency based collateral. Firms managing bonds… Read More

February 15, 2025 @ 3:02 pm By Omar Faridi  |  

StepStone Group Inc. (Nasdaq: STEP), a private markets investment firm responsible for around $698 billion in total capital, including $65 billion in private debt, announced it received approval to launch a Private Debt-based European Long-Term Investment Fund (ELTIF). Neil Menard, Partner and President of Distribution,… Read More

February 15, 2025 @ 2:48 pm By Omar Faridi  |  

Copper, a key player focused on digital asset custody, collateral management, and prime services announces its support for UBS uMINT, the first tokenized investment fund launched by UBS Asset Management and distributed through DigiFT, a regulatory-compliant exchange for on-chain real-world assets This partnership enables custody… Read More

February 15, 2025 @ 2:47 pm By Omar Faridi  |  

Estateguru has noted that in May 2024, they spoke with Antje Mertig, CEO of Steinberg Real Estate Management GmbH, their partner in Germany, about the recovery process of defaulted loans in the market. Estateguru is now evaluating the progress made over the past year and… Read More