Global

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

September 27, 2024 @ 9:50 am By Omar Faridi  |  

New research released by KPMG provides insight into whether consumers would reduce some of the buying and saving behaviors that have become more prevalent during the cost of living crisis, if they had more disposable income available to spend. KPMG UK’s Consumer Pulse survey gauged… Read More

September 27, 2024 @ 9:41 am By Omar Faridi  |  

Klarna, the AI-powered global payments network, and shopping assistant, will launch its flexible payment methods on Adyen’s (ADYEN:AMS) physical payment terminals across Europe, North America, and Australia. Adyen, which claims to be the financial technology platform of choice for businesses, is the first global PSP to… Read More

September 27, 2024 @ 9:34 am By Omar Faridi  |  

On September 26, 2024, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Russia-based exchange Cryptex and Sergey Sergeevich Ivanov (a.k.a. UAPS a.k.a TALEON), who facilitated laundering “for fraud shops, ransomware payments, darknet markets, and other criminal actors.” Following these developments,… Read More

September 27, 2024 @ 9:26 am By Omar Faridi  |  

Multitude Bank p.l.c., a core subsidiary of the Nordic-born listed Fintech, Multitude Group, offers digital lending and online banking services to consumers and SMEs across Europe. The Bank has now partnered with Salt Edge, an open banking platform, with “a goal to enable instant loan… Read More

September 26, 2024 @ 5:29 pm By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, announced it has expanded its offerings of alternative investment strategies from leading alternative investment managers, deepening the firm’s commitment to making alternative investment products more accessible to wealth management. New managers that have introduced strategies “on… Read More

September 26, 2024 @ 3:20 pm By Omar Faridi  |  

Nu Asset Management, Nubank’s (NYSE: NU) investment fund manager, announces the launch of Nu Ibovespa B3 BR+ (NBOV11), the first ETF on the market indexed to Ibovespa B3 BR+. The new fund is now available for trading on B3. The Ibovespa B3 BR+ is a… Read More

September 26, 2024 @ 12:25 pm By JD Alois  |  

Both London and New York City have long been top global financial centers, and both locales have emerged as Fintech leaders. The sheer size of the US market has helped NYC maintain a significant advantage over London in global rankings, but a report shared today… Read More

September 26, 2024 @ 11:42 am By JD Alois  |  

Prime property financing platform CapitalRise says that housing in the Home Counties, areas surrounding London, saw home prices increase by 37% more than homes in the rest of England. The Home Counties are deemed to be desirable areas outside of London. Specifically, house prices in… Read More

September 26, 2024 @ 10:47 am By JD Alois  |  

Aktionariat AG and Taurus SA have announced a partnership on tokenization. Both firms are based in Switzerland – a jurisdiction that has supported Fintech innovation. Aktionariat is a tokenization platform with over 70 tokenized Swiss companies and more than 30.000 users. Its tools include token… Read More