Global

September 15, 2024 @ 5:45 pm By Omar Faridi  |  

Checkout.com, a global digital payments provider, announced the launch of an online course in partnership with the Merchant Risk Council (MRC) to help payment professionals combat fraud and cybersecurity threats. Debuted at MRC San Diego, ‘Fraud Essentials’ is the second in “a series of online… Read More

September 15, 2024 @ 5:36 pm By Omar Faridi  |  

Ebury, a global fintech company specializing in payments and collections, FX risk management and business lending, will partner with Salt Edge, an open banking solution provider, to integrate its PSD2 APIs. This collaboration will enable both companies to “enhance visibility and attract new customers while… Read More

September 15, 2024 @ 4:45 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

September 15, 2024 @ 4:36 pm By Omar Faridi  |  

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a softening of UK labour market conditions during August. Latest data showed that permanent placements “continued to fall, and at an accelerated pace, amid reports of reduced demand amongst companies for… Read More

September 15, 2024 @ 4:33 pm By Omar Faridi  |  

Mastercard (NYSE: MA) expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition bolsters the insights and intelligence used “to secure today’s digital economy – in the payments ecosystem and beyond.” Recorded… Read More

September 15, 2024 @ 4:17 pm By Omar Faridi  |  

Circle unveiled plans for a new global corporate headquarters for Circle Internet Group, Inc. based in the iconic One World Trade Center in Lower Manhattan at an event hosting industry, political leaders and key partners who have been central to Circle’s growth and success. The… Read More

September 15, 2024 @ 4:15 pm By Omar Faridi  |  

Digital asset exchange-traded funds (ETFs) have played a pivotal role in providing a diverse range of investors with exposure to cryptocurrencies this year. This, according to an updated shared by BitGo. BitGo noted that since inception these ETFs have seen “approximately $16 billion in inflows,… Read More

September 15, 2024 @ 4:12 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment gateway, has announced its official support for the BNB ecosystem. With this support, Alchemy Pay’s On & Off-Ramp now “supports popular tokens on BNB Chain, including its native token BNB and stablecoins like USDC and USDT.” This integration highlights Alchemy… Read More

September 14, 2024 @ 5:00 pm By Omar Faridi  |  

BCB, Brazil’s central bank, says that it is now focused on accelerating the introduction of AI into its business processes. BCB notes in a recent announcement that this will aim to serve as “a new Center of Excellence will serve as a community of practice… Read More

September 14, 2024 @ 4:56 pm By Tony Zerucha  |  

This week, London-based investment firm Outward VC announced the first closing, at £51 million, of its Fund II. The fund received a £30 million investment from the British Business Bank, which is deploying capital through its Enterprise Capital Funds program. Several private investors also participated…. Read More

September 14, 2024 @ 4:52 pm By Omar Faridi  |  

Ultravioleta, Nubank’s (NYSE: NU) high-income customer experience, launches today a series of Bank Deposit Certificates (CDBs, from the acronym in Portuguese) with more competitive yield rates than those already available in the app. According to the website, Ultraviliot card cashback may grow at twice the… Read More

September 14, 2024 @ 1:04 pm By Omar Faridi  |  

In a bid to become the world’s first global neobank for digital nomads, bunq announces plans to grow its global headcount by 70% by the end of 2024. This move comes as 40 million people globally are choosing “location-independent careers.” In order to fulfill its… Read More

September 14, 2024 @ 12:47 pm By Omar Faridi  |  

Betterment, which claims to be one of the largest independent digital financial advisors, has recently announced that Betterment for Advisors, its RIA custody division, has changed its name to Betterment Advisor Solutions to “better reflect the breadth of products and services it offers.” Betterment Advisor… Read More

September 14, 2024 @ 12:46 pm By Omar Faridi  |  

The Lending Standards Board (LSB) has strengthened provisions on personal guarantees within the Standards of Lending Practice for business customers. The changes will help ensure lenders are clear “with guarantors about what they are signing up to, and help avoid situations where a guarantor is… Read More

September 14, 2024 @ 12:42 pm By Omar Faridi  |  

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, announced its 2024 Mid-Year Business Owner Success Survey (BOSS) Report, benchmarking the data behind the actual decisions that US-based small business owners (SBOs) are making and informing their future… Read More

September 14, 2024 @ 9:52 am By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, announced today an expanded relationship with Focus Financial Partners Inc., a partnership of fiduciary wealth management firms that collectively oversee more than $400B in client assets. This expanded relationship makes CAIS the preferred provider “to consolidate… Read More

September 14, 2024 @ 5:35 am By Omar Faridi  |  

Bondora Group has released key platform stats for the month of August 2024. According to the update from Bondora, August was another “record-breaking month at Bondora Group.” After investors made the most out of the One Billion Celebration campaign, investments sky-surged once again “to set… Read More

September 13, 2024 @ 5:17 pm By Omar Faridi  |  

Research from SIX explains how advanced technologies aim to enhance the evolving market data landscape. As explained n the research report from SIX, technology is now considered to be “the main factor shaping decisions concerning market data across both the buy-side and sell-side.” This is… Read More

September 13, 2024 @ 11:21 am By Omar Faridi  |  

Advisors Asset Management (AAM), an investment solutions provider, and iCapital, the global fintech platform for alternative investments says the Avenue Sports Opportunities Fund, managed by Avenue Capital Group, is available on iCapital Marketplace. The Avenue Sports Fund seeks to “produce attractive, risk-adjusted returns by providing… Read More

September 13, 2024 @ 10:57 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform of for global businesses, has recently released a report titled Strategies to reduce your total cost of payments. The research report, supported by data from 100 global, enterprise businesses, aims to highlight opportunities to boost revenue and “cut costs… Read More