Global

September 2, 2024 @ 8:11 am By Omar Faridi  |  

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce the global availability of Platform 3.0, encompassing the culmination of three years of strategic research, development and investment. This thorough modernization of TS Imagine products… Read More

September 1, 2024 @ 8:51 pm By Michael Wong  |  

Ant International has launched a strategic initiative to enhance financial inclusion in Brazil by partnering with Latin American payments and banking tech firm Dock. The partnership seeks to deliver AI-driven credit technology solutions to improve credit management and infrastructure efficiency for various clients, including financial… Read More

September 1, 2024 @ 5:37 pm By Omar Faridi  |  

Three in four (73%) SME finance brokers feel optimistic about the future of small businesses, according to SME lender iwoca’s latest Q2 2024 SME Expert Index. The survey of SME brokers reveals “a tentatively bullish outlook for the UK’s 5.5m SMEs, as optimism among brokers… Read More

September 1, 2024 @ 5:34 pm By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment gateway, announced a partnership with Unlimit, a leading global fintech company. This collaboration integrates Unlimit’s robust payment rails, “significantly enhancing Alchemy Pay’s On-ramp service offerings for local and global users, offering seamless access to Visa and Mastercard credit card payments,… Read More

September 1, 2024 @ 5:30 pm By Omar Faridi  |  

Quai, a Layer-1 crypto network for the global and compute economies, announces the closing of a $5 million funding round with participation from Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures, and DexCheck Ventures. Additionally, Quai previously secured $10 million “from Polychain Capital and… Read More

September 1, 2024 @ 5:28 pm By Omar Faridi  |  

ACI Worldwide, an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, “with the aim of driving instant payments adoption and boosting economic growth and financial inclusion… Read More

September 1, 2024 @ 2:57 pm By Omar Faridi  |  

UK-based startups raised $9 billion funding through 704 venture capital (VC) deals announced during January-July 2024, which is a 7.9% year-on-year (YoY) increase in funding value despite a 14.3% decline in deal volume. This reflects an improving appetite for big-ticket investments in promising startups, positioning… Read More

September 1, 2024 @ 2:56 pm By Omar Faridi  |  

UP Fintech Holding Limited (NASDAQ: TIGR), an online brokerage firm focusing on global investors, announced its unaudited financial results for the second quarter ended June 30, 2024. Mr. Wu Tianhua, Chairman and CEO of UP Fintech said the second quarter saw trading volumes increase by… Read More

September 1, 2024 @ 2:53 pm By Omar Faridi  |  

With the inflation rate in the United States “stubbornly” stuck around 3%, more bank customers are trying to find ways to manage the higher cost of goods, “even if their overall financial health has not necessarily improved.” According to J.D. Power, the percentage of U.S…. Read More

September 1, 2024 @ 2:51 pm By Omar Faridi  |  

Crypto.com announced the launch of global retail services, including the ability to provide seamless deposit and withdrawal facilities for millions of retail users of the Crypto.com App from over 90 countries, vastly improving the efficiency and utility of customers’ crypto journeys. Crypto.com’s global retail services… Read More

September 1, 2024 @ 5:35 am By Omar Faridi  |  

AuthenticID, a global company focused on identity verification and fraud prevention solutions, announced the newest release of Smart ReAuth. Smart ReAuth is a reauthentication solution “that leverages a selfie to re-confirm an identity. First released in 2021, this enhanced version offers verifications in less than… Read More

August 31, 2024 @ 6:12 pm By Omar Faridi  |  

Brite Payments, a provider of open banking-based instant payments, announced that SAVR, one of Sweden’s most innovative investment platforms, has integrated Brite Instant Payments, enabling customers to make larger direct money transfers into their accounts both quickly and securely. SAVR is a Swedish fund trading… Read More

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

The World Federation of Exchanges (WFE), the global industry association for exchanges and central clearing counterparties, has released recommendations that establish good practice for crypto-asset custody providers, drawing lessons from traditional financial markets to guide the emerging digital asset space. The ruling against FTX and… Read More

August 31, 2024 @ 3:14 pm By Omar Faridi  |  

Silverflow, a firm providing payment processing technology, has partnered with Halo Dot, a pioneering provider of SoftPOS solutions, to supply businesses with a seamless and powerful payment solution, combining Halo Dot’s SoftPOS application and Silverflow’s cutting-edge processing engine. Silverflow is building upon the decades-old payments infrastructure… Read More

August 31, 2024 @ 3:11 pm By Omar Faridi  |  

Mercuryo, a global payments infrastructure platform, has launched on-ramp services on Ninji Wallet, an “agile” cryptocurrency wallet in the Injective ecosystem with seamless access, robust security and simplified asset management. The collaboration represents a pivotal moment in “enhancing Ninji Wallet’s capabilities, with Mercuryo delivering intuitive… Read More

August 31, 2024 @ 3:09 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced an expansion of its global strategic partnership with Fiserv (NYSE: FI) which will streamline how merchant clients of Fiserv enable PayPal experiences for their customers. Building on a longstanding partnership between the two companies covering several products and services and millions of… Read More

August 31, 2024 @ 12:19 pm By Omar Faridi  |  

  Bitcoin will be increasingly used as a reserve asset on the balance sheets of publicly listed companies underlining its growing acceptance as an asset class, according to new global research by London-based Nickel Digital Asset Management, Europe’s regulated and award-winning digital assets hedge fund… Read More

August 31, 2024 @ 7:07 am By Omar Faridi  |  

Galileo Financial Technologies, a financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, an expense reporting and analytics suite…. Read More

August 30, 2024 @ 6:05 pm By Omar Faridi  |  

Fintech Conotoxia has introduced cards for its business customers – with a new image. Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion. As noted in a blog post,… Read More

August 30, 2024 @ 6:01 pm By Omar Faridi  |  

Comun, a neobank that provides modern banking solutions to immigrants1 in the U.S., announced it has raised $21.5M in its Series A funding round led by Redpoint Ventures with participation from ANIMO Ventures, Costanoa Ventures, FJ Labs, RTP Global, and South Park Commons. The company,… Read More