Global

November 1, 2024 @ 7:56 am By Omar Faridi  |  

Fenergo, a provider of solutions for Know Your Customer (KYC), Anti-money Laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), announced that is expanded into the energy and commodities sectors. This move provides solutions that aim to simplify client and supply chain onboarding and improve… Read More

November 1, 2024 @ 7:53 am By Omar Faridi  |  

Archax, the UK-based, FCA-regulated exchange, broker and custodian for digital assets, today announced it has agreed to acquire the Spanish broker King & Shaxson Capital Markets, Sociedad de Valores, S.A. (KSCM), to be renamed Archax Markets Europe, S.A. The completion of the strategic acquisition is… Read More

November 1, 2024 @ 7:51 am By Omar Faridi  |  

Remilty have expanded their seafarers product experience to the European Union, United Kingdom, Australia, and Singapore. With this launch, Remitly said that they aim to bring even more seafarers the reliable, “secure,” and accessible money transfer service they deserve Remitly noted in a blog post… Read More

October 31, 2024 @ 6:10 pm By Omar Faridi  |  

Regulated businesses across Spain that need a Sepblac-compliant identity verification procedure for KYC can achieve this with an “easy” to integrate solution offering a streamlined user experience. Entrust, a firm focused on “trusted” payments, identities, and data security, today announced its Onfido Real Identity Platform… Read More

October 31, 2024 @ 6:08 pm By Omar Faridi  |  

DailyPay, a worktech company, is expanding globally in more ways than one. DailyPay stated that it now focused on broadening the reach of its platform by adding a new feature: International Remittances. The International Remittances feature will enable DailyPay users to send funds at the… Read More

October 31, 2024 @ 6:07 pm By Omar Faridi  |  

Blackstone has announced announced the final close of the first series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (BXD). Blackstone has closed on around $22 billion of investable capital for the inaugural series of BXD and related vehicles, “including… Read More

October 31, 2024 @ 11:47 am By JD Alois  |  

Yesterday, the UK government revealed its new budget and the changes being made to cover a deficit while attempting to fuel economic growth. While the punditry will be digesting the statement from the Chancellor of the Exchequer, Rachel Reeves, for days, CI has received a… Read More

October 31, 2024 @ 11:17 am By Omar Faridi  |  

Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also “participated in this round.” In… Read More

October 31, 2024 @ 10:32 am By Omar Faridi  |  

Upvest is working with Revolut so that the digital banking platform can expand its wealth and trading product offering by introducing ETFs and fractional European stocks for the first time. In the 6 months since integrating Upvest’s Investment API, Revolut has launched investment products with… Read More

October 31, 2024 @ 9:21 am By Omar Faridi  |  

Feedzai, the RiskOps platform, offering AI-powered solutions to protect people and payments against financial crime, reveals that 42% of French citizens will use fingerprint authentication to secure their payments, especially among the younger generation aged 18-34, where the rate is 56%. Although 32% of respondents… Read More

October 31, 2024 @ 9:01 am By Omar Faridi  |  

LSEG Risk Intelligence, a key player focused on compliance, risk management and fraud prevention solutions, announced the launch of products in order to enhance financial security as well as drive significant operational efficiencies on a international scale. Global Account Verification reportedly checks payee and account… Read More

October 31, 2024 @ 8:20 am By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), the provider of intelligent banking solutions, announced that it has entered into a definitive agreement to acquire FullCircl. FullCircl is a UK-headquartered SaaS (software as a service) platform, built to help FIs and regulated companies grow revenue, automate and accelerate onboarding,… Read More

October 31, 2024 @ 8:09 am By Omar Faridi  |  

Investment firms Capital Group and KKR filed registration statements with the SEC for two public-private fixed income funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+ (which are expected to launch in the U.S. in the first half of 2025, pending regulatory approval)…. Read More

October 30, 2024 @ 10:28 pm By Omar Faridi  |  

Thunes, which claims to be the Smart Superhighway to move money around the world, announced a collaboration with Circle, a digital financial firm and the issuer of stablecoins USDC and EURC via its regulated entities, to enable ongoing innovation in stablecoin liquidity management. The alliance… Read More

October 30, 2024 @ 10:25 pm By Omar Faridi  |  

Experian announced the launch of Experian Assistant, a generative AI-enabled solution that accelerates the modeling lifecycle, slashing model-development timelines from months to days. Integrated with Experian Ascend Technology Platform, this solution reportedly empowers users to leverage their data for analytics with less effort. The world’s… Read More

October 30, 2024 @ 10:23 pm By Omar Faridi  |  

Animoca Brands, the firm that is advancing digital property rights for gaming and the open metaverse, announced a new partnership with GEODNET, which is said to be the “decentralized” Real-Time Kinematics (RTK) network, to advance mixed-reality gaming and immersive experiences, and integrate cutting-edge location technology… Read More

October 30, 2024 @ 10:20 pm By Omar Faridi  |  

iCapital, the platform driving the alternative investment marketplace for the wealth and asset management industries, in collaboration with GeoWealth and BlackRock (NYSE: BLK), announced its tech is powering a platform experience for registered investment advisors (RIAs), which enables firms using GeoWealth to include private assets… Read More

October 30, 2024 @ 4:51 pm By JD Alois  |  

Fagura, an online investment platform, has raised €250,000 from U.Ventures, according to a company statement. Fagura originated in Moldova but is regulated and active in Romania. U.Ventures is a US-based VC active in the region. The VC typically invests from $100,000 to $2 million. Fagura is… Read More

October 30, 2024 @ 3:22 pm By Omar Faridi  |  

Binance, the blockchain ecosystem “trusted” by 230 million+ users worldwide, announced Binance Wealth, the crypto exchange technological solution for wealth managers. Binance Wealth allows wealth managers to oversee the onboarding of their clients and make investment recommendations, allowing clients to receive support during onboarding and… Read More

October 30, 2024 @ 3:19 pm By Omar Faridi  |  

HBAR Foundation is joining Chainlink Scale which now deepens the collaboration between the Chainlink and Hedera ecosystems. As noted in a blog post, the HBAR Foundation, which supports the growth and adoption of the Hedera ecosystem, has joined the Chainlink Scale program. As an initial… Read More