Global

September 29, 2024 @ 12:31 pm By Michael Wong  |  

Israel officially joined the Asian Development Bank (ADB) as its 69th member and 20th nonregional member on Thursday, after fulfilling all necessary membership requirements. Israel submitted its application for ADB membership in January 2022. The ADB Board of Governors approved the membership on April 14,… Read More

September 28, 2024 @ 3:55 pm By Michael Wong  |  

NPCI International Payments Limited (NIPL) has formed a strategic alliance with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform modeled after India’s Unified Payments Interface (UPI). This initiative positions Trinidad and Tobago as the first Caribbean nation… Read More

September 28, 2024 @ 2:50 pm By Omar Faridi  |  

Folks Finance has integrated Chainlink CCIP and Price Feeds across the Avalanche, Base, and Ethereum mainnets, leveraging CCIP’s arbitrary messaging functionality to enable highly secure cross-chain lending. By integrating Chainlink Price feeds, Folks has access “to high-quality, tamper-proof price feeds needed to support secure markets… Read More

September 28, 2024 @ 1:49 pm By Tony Zerucha  |  

This week, African payment technology provider Flutterwave announced the expansion of its Send App service across 49 U.S. states through a partnership with MainStreet Bank, a subsidiary of MainStreet Bancshares Inc. (Nasdaq: MNSB and MNSBP). Texas isn’t included. Flutterwave said Send App facilitates faster, easier, and more… Read More

September 28, 2024 @ 1:19 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) unveiled PayPal Complete Payments, which is described as being a safe and efficient all-in-one platform that integrates a range of customized products and solutions to support Chinese merchants in selling globally. This platform streamlines payment and receivables processes “for businesses of all… Read More

September 28, 2024 @ 12:16 pm By Omar Faridi  |  

Itaú Private, a provider of private banking services, has announced an exclusive partnership with Addepar, a global firm focused on technology and data solutions for investment professionals. This strategic collaboration grants Itaú Private exclusive “access to Addepar’s comprehensive data aggregation and performance reporting platform in… Read More

September 28, 2024 @ 11:09 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, repaid investors a EUR 1 million loan (real estate project “Krokuvos”) and paid our investors EUR 221 135 in interest. PeerBerry has acknowledged those “contributing to the development of projects developed by their partners.” If you are… Read More

September 28, 2024 @ 10:58 am By Omar Faridi  |  

KaiOS, the operating system that brings the best of the internet to affordable devices, announced a partnership with Mastercard (NYSE: MA) to integrate a range of digital payments solutions. Mastercard and KaiOS explained in a blog post that they will aim to deliver affordable payment acceptance… Read More

September 28, 2024 @ 10:55 am By Omar Faridi  |  

Bitvavo, one of the largest European cryptocurrency exchanges, is making MiCA-compliant USDC widely available to Bitvavo’s growing user base to offer regulated, efficient, and transparent dollar stablecoin transactions to European users. MiCA or Markets in Crypto Assets regulation has been approved by the European Union…. Read More

September 28, 2024 @ 10:45 am By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced its partnership expansion with Airwallex, a global payments and financial platform for modern businesses. Since the two joined forces in 2017, Airwallex has integrated Trulioo Identity Document Verification, Business Verification and… Read More

September 28, 2024 @ 10:43 am By Omar Faridi  |  

New World ID has reportedly launched now in Guatemala, Malaysia and Poland come at pivotal moment for AI. As explained in a blog post by WorldCoin, World ID orb verifications have been officially introduced across three new countries this week: Guatemala, Malaysia and Poland. The… Read More

September 28, 2024 @ 10:41 am By Omar Faridi  |  

BNP Paribas (EPA: BNP) announces that it has signed an agreement with HSBC (NYSE: HSBC) for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management among the top leading players in Germany and bringing its AuM1… Read More

September 28, 2024 @ 10:39 am By Omar Faridi  |  

CaixaBank launches Smartphone TPV, a solution designed for businesses, professionals and the self-employed of any size and sector, enabling them to easily accept card payments of any amount from mobile devices, “without the need for an additional device, as was previously necessary.” It is the… Read More

September 28, 2024 @ 10:37 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £40m NAV Revolving Credit Facility (RCF) to returning customer, Literacy Capital. Founded in 2017 by Paul and Richard Pindar, Literacy is “a closed-end investment company focused on investing in and supporting growing UK businesses and… Read More

September 28, 2024 @ 10:32 am By Omar Faridi  |  

Santander (NYSE: SAN) has added new benefits for the entrepreneurs, startups, scaleups and SMEs that form part of its Santander X global platform that helps companies in 11 countries grow through the stages of their life cycle — “from launching a project to scaling a… Read More

September 27, 2024 @ 2:41 pm By Omar Faridi  |  

AMA-AMBIOGEO, a mining Joint Venture (JV) with a focus on sustainable resource management, announces the tokenization of $4.6 billion in gold reserves, using Tokeny’s technology to transform previously inaccessible real-world assets (RWA) into tradable and compliant digital securities. The JV between AMA Resources and AMBIOGEO… Read More

September 27, 2024 @ 2:36 pm By Omar Faridi  |  

Checkout.com, a digital payments company, announced several new product updates at its global enterprise customer event, Thrive, held in Barcelona, Spain. The company offers a suite of modular payment solutions “that help businesses reduce the complexity and cost of payment processing while increasing performance and… Read More

September 27, 2024 @ 2:35 pm By Omar Faridi  |  

TRM Labs, a key player focused on blockchain intelligence, announced that it is the “first” blockchain intelligence company to achieve FedRAMP Moderate authorization. TRM Labs and Palantir have partnered “through Palantir’s FedStart Program to accelerate TRM Labs’ ability to support a broader range of federal… Read More

September 27, 2024 @ 2:25 pm By Omar Faridi  |  

eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD. The acquisition will strengthen eToro’s footprint in “a key market for the business while also broadening its product… Read More

September 27, 2024 @ 10:34 am By Omar Faridi  |  

PensionBee has responded to the Department for Work and Pensions’ (DWP) Pension Investment Review, emphasizing the importance of “keeping savers’ best interests at the forefront of any potential changes in the pensions market.” PensionBee believes that consolidation in the Defined Contribution (DC) market may offer… Read More