Global

December 9, 2024 @ 10:36 pm By Omar Faridi  |  

Concordium, Google, and Danish transmission system operator (TSO) Energinet are piloting a project aimed at transforming the green energy landscape. Central to this initiative will be Energinet’s Project Origin and the Energy Track & Trace platform, leveraging Concordium blockchain technology to ensure traceability, transparency, trust,… Read More

December 9, 2024 @ 5:35 pm By Omar Faridi  |  

Holiday season is the gift that “keeps giving for criminals,” rogue employers, and unscrupulous service providers, according to an update from LSEG Risk Intelligence. Analysis of LSEG World-Check database demonstrates how criminals take advantage at “a time when consumer spending is at its highest.” Worker… Read More

December 9, 2024 @ 4:52 pm By Omar Faridi  |  

Bitcoin and crypto markets continue to set new all-time highs as the end of 2024 approaches. Many analysts now believe that 2025 will bring more investors and capital to the digital assets market, supported by crypto-friendly policies and a regulatory framework that will enable innovation…. Read More

December 9, 2024 @ 11:12 am By JD Alois  |  

NAO, a Berlin-based Fintech, has raised €3.4 million in Seed funding, according to a company statement. The round was said to be led by a family office of a Swiss private investor. The Wealthtech says it is on a mission to become the top investing… Read More

December 9, 2024 @ 10:59 am By Omar Faridi  |  

As the crypto industry had speculated on if and when Bitcoin could hit the $100,000 milestone (which it has now surpassed reaching a high of more than $103,000) analysis by Copper.co’s Head of Research Fadi Aboualfa suggests ETF flows could be the driver to get… Read More

December 9, 2024 @ 9:32 am By JD Alois  |  

The change in the US administration is expected to usher in a new era of digital asset innovation. During the Biden Administration, there was open hostility toward crypto that went beyond the pursuit of fraud and scams. Many firms sought to be regulated but were… Read More

December 9, 2024 @ 9:14 am By Michael Wong  |  

French crowdfunding platform Ulule has acquired its KissKissBankBank from La Banque Postale for an undisclosed amount, according to reports.  La Banque Postale acquired KissKissBankBank in 2017. At the time of the purchase the CEO of La Banque Postale explained the move as responding to new consumption… Read More

December 9, 2024 @ 8:36 am By Tony Zerucha  |  

AI’s growing spectre, geopolitical conflict, and surging energy demand are deVere Group CEO Nigel Green’s three biggest trends shaping 2025. Investors who align their portfolios with these forces are set to capitalize on significant opportunities amid turbulent times. Geopolitical tensions are escalating across multiple regions…. Read More

December 9, 2024 @ 8:33 am By Omar Faridi  |  

Brighty, a digital finance platform that enables crypto-card payments in the real world, announces a $10 million round from Futurecraft Ventures. The funds will be used to expand its presence in Europe and the UK. Brighty is a personal finance app that combines traditional digital… Read More

December 9, 2024 @ 8:30 am By Omar Faridi  |  

We have just scratched the surface of what AI can do in Fintech, and 2025 will bring “new trends into play,” according an industry outlook from Giuseppe Sette of Reflexivity and Raakhee Miller of Siebert. CI received insightful comments on the fintech industry’s outlook for… Read More

December 9, 2024 @ 5:41 am By Tony Zerucha  |  

The British Business Bank increased its ENABLE Funding commitment to Simply Asset Finance, a UK independent asset finance provider. It allows Simply Asset Finance to provide more than £175 million of finance to smaller businesses across the UK. A portion of the funding has been… Read More

December 8, 2024 @ 11:06 pm By Omar Faridi  |  

Revolut UK is focused on building out its Board with two senior appointments. The update from the digital bank comes as Revolut is working through the mobilization period for its UK Bank. According to the announcement from Revolut, Fiona Fry and Sir Peter Estlin join… Read More

December 8, 2024 @ 11:01 pm By Omar Faridi  |  

As Ethereum (ETH), the largest smart contract platform and second-largest crypto-asset by market cap, surpasses the $4000 mark, insights from Nansen, a chain analytics firm, shed light on what this development signifies and what is to be expected going forward. Nicolai Sondergaard, Research Analyst at… Read More

December 8, 2024 @ 11:00 pm By Omar Faridi  |  

2025 Citi Hildebrandt Client Advisory reports significant law firm industry revenue growth was driven by increasing demand. Demand was pivotal to growth in 2024, ignited by a diverse range of law firm practices including “litigation, regulatory, bankruptcy.” Optimism will continue as a key theme in… Read More

December 8, 2024 @ 10:58 pm By Omar Faridi  |  

Last month, the total losses from Web3 security incidents have reportedly amounted to appr. $86.24 million. According to the SlowMist Hacked Database, 21 hacking incidents were recorded, resulting in losses of appr. $76.86 million, of which “$25.5 million was recovered.” As mentioned in the update… Read More

December 8, 2024 @ 4:25 pm By Omar Faridi  |  

BNP Paribas Wealth Management noted that in 2025, investors should keep front of mind a few select trends, especially in a challenging context. First, BNP Paribas noted that lower interest rates will support “leveraged asset classes,” such as real estate, infrastructure and private equity. Furthermore,… Read More

December 8, 2024 @ 4:03 pm By Michael Wong  |  

The Czech Republic has approved extensive financial market reforms aimed at fostering growth in the crypto and blockchain sectors, in a strategic move to position itself as a premier cryptocurrency hub. According to reports, the newly passed legislation addresses key barriers faced by cryptocurrency companies… Read More

December 7, 2024 @ 2:33 pm By Omar Faridi  |  

Experian — the data and technology company — announced it has acquired Audigent, a data activation and identity platform in the advertising industry. The acquisition reportedly expands Experian’s integrated marketing data and identity capabilities in the advertising ecosystem. With the addition of Audigent’s combined first-party… Read More

December 7, 2024 @ 2:31 pm By Omar Faridi  |  

CyberCube announced a partnership with HUB International (HUB), a  full-service global insurance broker and financial services firm. With the expanded partnership, HUB will now reportedly have the option to leverage CyberCube’s software and services in order to “deliver cyber risk analytics” to its clients across the… Read More

December 7, 2024 @ 2:30 pm By Omar Faridi  |  

Intuit Inc. (Nasdaq: INTU), the financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a collaboration with Adyen (ADYEN:AMS), the fintech for businesses, to help small and mid-market businesses (SMBs) easily manage electronic payments. The companies will integrate Adyen‘s embedded payment services into Intuit’s… Read More