Global

September 13, 2024 @ 5:11 am By Omar Faridi  |  

Rapyd, a global fintech company, is expanding its Rapyd Payment Partner Programme, designed to boost revenue growth and collaboration for Referral Partners, consultants, Independent Sales Organisations (ISOs), Payment Facilitators (PayFacs), and Integrated Software Vendors (ISVs) operating in high-opportunity industries such as eCommerce, online gaming, content… Read More

September 12, 2024 @ 10:25 am By JD Alois  |  

Fasset has announced IOWN, an Ethereum layer 2 blockchain for Real World Assets (RWA). Based in the UAE, the company states that it has moved forward with the project following the approval of its Credit Token Licence from the Labuan Financial Services Authority (Labuan FSA),… Read More

September 12, 2024 @ 10:16 am By Omar Faridi  |  

State chief information officers (CIOs) and state chief digital officers (CDOs) recognize the importance of high data quality — especially as a critical determinant of successful artificial intelligence (AI) — but a majority have concerns about data quality, according to a new report released by… Read More

September 12, 2024 @ 10:15 am By Omar Faridi  |  

Deloitte’s 2024 CxO Sustainability Report: Signs of a shift in business climate action shows that climate change remains a top three issue for global C-suite level business leaders (CxOs), surpassing political uncertainty, competition for talent, and the changing regulatory environment, among others. A key indicator… Read More

September 12, 2024 @ 8:54 am By JD Alois  |  

Technology has opened the door to a new world of assets in which individuals may invest. This can help investors to diversify and participate in non-correlated asset classes. The WatchFund is an interesting example of the new landscape and today it is announcing €2 Million… Read More

September 12, 2024 @ 8:32 am By JD Alois  |  

The European Central Bank (ECB) has decided to cut benchmark rates by 25 basis points. The ECB reaffirmed its expectations on inflation stating headline that inflation will average 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026. Core inflation is anticipated  to decline from 2.9%… Read More

September 12, 2024 @ 6:33 am By Omar Faridi  |  

Santander and Atitlan launch Atgro, a platform for investing over €500 million in agricultural projects. The fund is being launched with initial contributions of €200 million “by the bank and EUR 50 million by Atitlan, with the aim of doubling these resources” to boost the… Read More

September 12, 2024 @ 6:32 am By Omar Faridi  |  

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo, the provider of solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring to provide a new cloud-based client onboarding system to enhance its compliance processes. Fenergo will support LBBW’s business in… Read More

September 12, 2024 @ 6:31 am By Omar Faridi  |  

Gemini is pleased to announce the release of the 2024 Global State of Crypto report, offering a comprehensive look at attitudes and behavior toward digital assets from different investors across the globe. After two years of ups and downs, the crypto market has “rallied hard… Read More

September 12, 2024 @ 6:30 am By Omar Faridi  |  

DailyPay is pleased to announce a new partnership with Montage International, the ultra-luxury hospitality management company headquartered in Southern California. DailyPay is a worktech company and the “provider of earned wage access in support of its partner employees’ financial wellness.” With DailyPay, Montage International team… Read More

September 11, 2024 @ 9:54 pm By Omar Faridi  |  

MoneyLion Inc. (NYSE: ML) has revealed a parnetship with Nova Credit, a credit infrastructure and analytics company. The goal is said  to seek to activate cash flow underwriting within MoneyLion’s hosted decisioning engine. This collaboration aims to credit issuers on MoneyLion’s platform “to integrate Nova… Read More

September 11, 2024 @ 9:47 pm By Omar Faridi  |  

Sumsub, a global full-cycle verification provider, received the highest product scores and proved full regulatory compliance of its Non-Doc solution after FINTRAIL audit FINTRAIL, a UK-based consultancy “helping companies manage their exposure to financial crime risk & maintain regulatory compliance, examined our Non-Doc Identity Verification… Read More

September 11, 2024 @ 9:46 pm By Omar Faridi  |  

Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies in an increasingly complex market. Markel’s FintechRisk+ policy provides financial services and… Read More

September 11, 2024 @ 9:42 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) has announced its digital asset custody service in the UAE. The offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a global financial hub, “following the memorandum of understanding (MoU)… Read More

September 11, 2024 @ 2:27 pm By Omar Faridi  |  

We recently connected with Tristan Frizza, Founder of Zeta Markets. Notably, Solana recently hit $1.811 billion in DEX trading volume, capturing almost 10% of the market, as reported by Zeta Markets. This surge, fueled by Solana’s fast transaction speeds and low fees, has also led… Read More

September 11, 2024 @ 12:59 pm By Omar Faridi  |  

UltraDinero from Mexico has started to offer loans on PeerBerry. Aventus Group lender UltraDinero from Mexico starts “offering short-term loans on the PeerBerry platform.” Mexican loans are backed with a buyback and “a group guarantee and will generate a 9% annual return to PeerBerry investors.”… Read More

September 11, 2024 @ 12:57 pm By Omar Faridi  |  

HeavyFinance has shared the latest platform portfolio performance review  for the month of August 2024. As summer draws to a close, HeavyFinance are pleased to share that the month wrapped up on a high note for our investor community. This month saw a substantial €.36… Read More

September 11, 2024 @ 11:04 am By Omar Faridi  |  

tZERO Group Inc., says it has received approval for its tZERO Digital Asset Securities as “a new Special Purpose Broker-Dealer for digital asset securities custody.” The company states that this is only one of two licenses for “a regulated broker-dealer digital asset security custodian that… Read More

September 11, 2024 @ 11:02 am By Omar Faridi  |  

Assetz Capital, a provider of property-secured finance specializing in commercial mortgages and development finance, has successfully structured a £9.95m facility for VOCO Leicester Hotel financed with Atom Bank. Last year, hotel management company Kew Green Hotels announced their plan “to reflag two existing properties in Leicester and… Read More

September 11, 2024 @ 10:57 am By Omar Faridi  |  

TRON, Tether, and TRM Labs have announced they will be joining forces to establish the T3 Financial Crime Unit (T3 FCU), described as a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain…. Read More