Global

December 21, 2024 @ 10:59 am By Omar Faridi  |  

Brightflag, the AI-powered e-billing and matter management platform for corporate legal departments, announced that 2024 will be its “best-ever” year of growth. Ian Nolan, founder and CEO of Brightflag said: “This year Brightflag has added more customers than ever before. I am very proud that… Read More

December 21, 2024 @ 10:01 am By Omar Faridi  |  

In November 2024, Estateguru, a platform specializing in property-backed financing, credited more than €11 million in repayments to its investors. According to Estateguru, a notable portion of this, more than €4.2 million, came from successfully recovered loans that had previously “been delayed. Investors earned €1.01… Read More

December 21, 2024 @ 6:57 am By Michael Wong  |  

Google has announced new advertising policies for cryptocurrency-related products in the United Kingdom, requiring advertisers to register with the country’s Financial Conduct Authority (FCA) starting January 15, 2025. The update aims to ensure compliance with local regulations amid increased scrutiny of crypto promotions globally. The… Read More

December 21, 2024 @ 6:56 am By Michael Wong  |  

Cybercriminal activity on the dark web surged in 2024, with significant growth in discussions around crypto-drainer malware and advertisements for corporate database breaches, according to Kaspersky’s latest Security Bulletin. The report highlights an evolving cyber threat landscape, with increased interest in malware targeting cryptocurrency wallets… Read More

December 20, 2024 @ 9:41 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held their second bilateral meeting, reinforcing cooperation and connectivity between the financial services sectors of the two jurisdictions. Building on the initial bilateral meeting held in Abu Dhabi in… Read More

December 20, 2024 @ 3:44 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, achieved a key milestone by having  successfully registered under Visa’s Ramp Provider Program. This registration, made possible via its partnership with Worldpay, marks a new development in Alchemy Pay’s mission to bridge the gap “between traditional finance and the crypto… Read More

December 20, 2024 @ 1:51 pm By Omar Faridi  |  

Trillium Surveyor, a provider of trade surveillance and best execution software, and Kaiko, the crypto market data provider, announced a  partnership to deliver solutions for financial institutions and exchanges engaged in virtual currency trading. This partnership comes at a key moment as the crypto-assets market… Read More

December 20, 2024 @ 1:50 pm By Omar Faridi  |  

Enfuce, the provider of payment solutions in the Nordics, has partnered with Alisa Bank, Finland’s digital bank, in order to introduce a business credit card tailored for SMEs in Finland. This collab is set to disrupt the SME banking landscape by offering a solution that… Read More

December 20, 2024 @ 11:25 am By Omar Faridi  |  

Bitcoin Suisse has announced its support for Babylon, an innovative protocol that expands Bitcoin’s utility by enabling it to secure Proof-of-Stake networks. This initiative provides Bitcoin Suisse clients with the chance to engage in the initial stages of Babylon’s development. Babylon addresses a key challenge… Read More

December 20, 2024 @ 11:01 am By Omar Faridi  |  

Securitize announced it has obtained approval by the Spanish National Securities Market Commission (CNMV) as an Investment Firm, registering Securitize Europe Brokerage and Markets, S.A. in order to operate as a Sociedad de Valores (broker dealer), providing services for blockchain-based financial assets, including acting as… Read More

December 20, 2024 @ 10:22 am By Omar Faridi  |  

Digital assets firm OKX announced the launch of their ‘Ordinals Launchpad,’ an all-in-one platform that empowers creators to “launch, inscribe and trade collections” directly on Bitcoin. The platform simplifies the technical complexities of Bitcoin inscriptions while providing creators with the “tools, visibility and support” needed… Read More

December 20, 2024 @ 10:21 am By JD Alois  |  

  SyndicateRoom, a former securities crowdfunding platform and current online investment platform that takes a portfolio approach, has been acquired by Smith Brothers Group. The terms of the deal were not disclosed. In an email from SyndicateRoom CEO Graham Schwikkard, he said the company was… Read More

December 20, 2024 @ 7:31 am By Omar Faridi  |  

Trulioo, an identity platform with global coverage for person and business verification, announced a 34% increase in marketplace transactions and 21% in payments in the past year as digital commerce adoption increases. The surge in transaction volume reflects how payments and marketplace platforms are responding… Read More

December 20, 2024 @ 7:22 am By Omar Faridi  |  

Crypto hacking remains a persistent threat, according to an update from Chainalysis which also noted that the four years in the past decade individually saw more than a billion dollars worth of crypto stolen (2018, 2021, 2022, and 2023). According to the research report from… Read More

December 20, 2024 @ 7:18 am By Michael Wong  |  

TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announced a $37 million equity investment from its majority shareholder, London-listed TBC Bank Group PLC (TBC Group). This capital injection brings TBC UZ’s total equity funding for 2024 to $75 million, establishing a new annual… Read More

December 20, 2024 @ 6:47 am By Omar Faridi  |  

Worldline (Euronext: WLN), a global enabler of payment services, is pleased to announce the launch of FlexPricing, a feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways. With FlexPricing, software vendors can implement flexible pricing strategies that include… Read More

December 19, 2024 @ 7:57 pm By Omar Faridi  |  

The Singapore headquarters of Sygnum – a global digital asset banking group – Sygnum Pte. Ltd. announced its partnership with Moomoo Singapore to distribute its multi-manager fund to accredited investors on moomoo, a digital investment and wealth management platform with “over 1 million users” in… Read More

December 19, 2024 @ 5:07 pm By Omar Faridi  |  

Macquarie Real Estate Partners (MREP), a real estate fund managed by Macquarie Asset Management’s Real Estate division (MAM), announced it has invested in IDA, an Australian specialist real estate private credit and investment manager. The investment by MREP will provide funding to support the growth… Read More

December 19, 2024 @ 4:59 pm By Omar Faridi  |  

Chainalysis has acquired Hexagate, the provider of web3 security solutions that detect and mitigate real-time threats including cyber exploits, hacks, and governance and financial risks. They are the top choice for chains, protocols, asset managers, and exchanges to “help keep their funds secure.” Hexagate leverages… Read More

December 19, 2024 @ 3:40 pm By Omar Faridi  |  

PayPal Ventures has announced an investment in Bureau. Risk intelligence platform Bureau has reportedly seen 3x revenue growth as the surge in sophisticated fraud attacks drive “demand for AI-powered prevention.” According to the update from PayPal Ventures, AI isn’t just making fraud smarter – it’s… Read More