Global

November 25, 2024 @ 9:37 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, announced the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030. Mara Holdings confirmed in the update that it has… Read More

November 25, 2024 @ 9:06 am By Omar Faridi  |  

Coin Center has provided a detailed analysis of the evolving crypto policy landscape following the US Elections. According to the update from Coin Center, crypto got a lot of attention in the recent election, and many are now “wondering how friendly the new administration and… Read More

November 25, 2024 @ 9:04 am By Omar Faridi  |  

Modulr, an embedded payments platform, announces its acquisition of Nook, an innovator in accounts payable (AP) automation. Both companies said they aim to address inefficiencies, remove manual steps and improve the overall security of making business payments. These are significant concerns, as highlighted by Modulr’s… Read More

November 25, 2024 @ 8:28 am By Omar Faridi  |  

Plenti Group Limited has provided its results for the six-month period ended 30 September 2024 (1H25). The Plenti Group shared the following financial highlights: Closing loan portfolio of $2.3 billion, up 14% on pcp Loan originations of $627 million, up 0.4% on pcp Half-year revenue… Read More

November 24, 2024 @ 6:47 pm By Omar Faridi  |  

CoinW, a global cryptocurrency exchange, announces a strategic partnership with CoinCover – a digital asset protection provider – to significantly improve the security of users’ digital assets. This partnership is said to underscore CoinW’s commitment to protecting funds against risks such as hacking, lost access,… Read More

November 24, 2024 @ 6:43 pm By Omar Faridi  |  

Bitso announced the addition of four new cryptos to its Earnings feature. Earnings with Ethereum (ETH) and Solana (SOL) are available to all users, and Cardano (ADA) and Polkadot (DOT) will reportedly be added in the first week of December 2024. These options complement the… Read More

November 24, 2024 @ 6:42 pm By Michael Wong  |  

Australia’s Department of the Treasury has initiated a consultation on implementing the Organisation for Economic Cooperation and Development’s (OECD) Crypto Asset Reporting Framework (CARF). The framework is designed to enhance tax transparency and improve compliance by standardizing the collection and exchange of tax-related information on… Read More

November 24, 2024 @ 6:00 pm By Tony Zerucha  |  

According to the latest Global State of Fraud and Identity Report from LexisNexis Risk Solutions, banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions by combining shared fraud intelligence into their risk assessments. Examples include a US bank that… Read More

November 23, 2024 @ 6:08 pm By Tony Zerucha  |  

Indian retail intelligence platform Bizom has collaborated with global nonprofit Accion and Mastercard Center for Inclusive Growth, the philanthropic arm of Mastercard, to expand its digital consumer packaged goods (CPG) marketplace. The collaboration seeks to serve more than four million small retailers through embedded credit… Read More

November 23, 2024 @ 5:58 pm By Omar Faridi  |  

Digital banking platform Nubank‘s (NYSE: NU) rise to Brazil’s “number one” bank provider is highlighted in an update which noted that the challenger has now overtaken Banco do Brasil, the country’s oldest bank founded in 1808, signifying a “paradigm shift” in the banking industry. By… Read More

November 23, 2024 @ 5:57 pm By Omar Faridi  |  

Wirex, a Web3 money app, is pleased to announce a global alliance with Banking Circle, a provider of innovative banking services. This collaboration is expected to significantly enhance Wirex’s financial operations across the globe, empowering users with seamless banking solutions. Under the partnership, Banking Circle… Read More

November 23, 2024 @ 5:55 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform for businesses, has announced its long-term strategic partnership with Spendesk, the spend management platform for medium-sized businesses. The partnership will support innovation in embedded financial services, as Spendesk continues to accelerate bringing products to market in 2025, and Adyen… Read More

November 23, 2024 @ 5:50 pm By Omar Faridi  |  

One of the world’s largest fintechs, Finastra, recently experienced a major data breach. Since Finastra’s solutions have been used across large banking service providers, it is likely that many financial services firms may experience challenges when it comes to user privacy and security. According to… Read More

November 23, 2024 @ 5:48 pm By Tony Zerucha  |  

Chartered commercial broker Konsileo has completed a £8 million raise to accelerate its expansion across the UK. Konsileo specializes in mid-market advised sales for small, medium, and mid-corporate businesses. The £8 million raise is a mixture of debt and equity financing led by long-term shareholders… Read More

November 23, 2024 @ 5:46 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, has helped Papa Johns UK improve its payments performance and expand its payment method offerings. The result is an improved digital payments experience for Papa Johns UK customers, ensuring smooth and secure online transactions “across its 400 locations nationwide.”… Read More

November 23, 2024 @ 5:41 pm By Omar Faridi  |  

Revolut has revealed its 2025 vision, with AI assistant, mortgages, and ATMs reportedly on the horizon. Revolut co-founders Nik Storonsky and Vlad Yatsenko took to the stage at the company’s The Revolutionaries event in London in order to mar 50 million Revolut customers and share… Read More

November 22, 2024 @ 4:39 pm By Omar Faridi  |  

Crypto.com announced the acquisition of Charterprime Ltd., a global financial exchange and brokerage service that holds an Investment Dealer Licence and Global Business Licence issued by the Financial Services Commission of Mauritius. With this acquisition, the Crypto.com enterprise explained in a blog post that it… Read More

November 22, 2024 @ 4:37 pm By Omar Faridi  |  

Consensys, the blockchain and web3 software technology company, shares the findings of its “Web3 Workforce Survey,” one of the most comprehensive workforce surveys in the web3 space, conducted through YouGov, an international online research data and analytics technology group. The research reveals record-high confidence in… Read More

November 22, 2024 @ 4:35 pm By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) is participating in an EU Technical Support Instrument (TSI) project which will support Malta in the area of financial literacy, with the purpose of improving the financial literacy levels of the Maltese population, “including retail investors.” The project is… Read More

November 22, 2024 @ 10:31 am By Omar Faridi  |  

Research from NatWest reveals the fast pace of change in the payments behaviors of consumers across the United Kingdom. As digital payments become more available, in 2024, merely 8% of adults report that they still use cash and coins “all of the time,” according to… Read More