Global

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

September 13, 2024 @ 8:34 am By Omar Faridi  |  

Kriya, the B2B PayLater payments solution, is now available on Stripe, a financial infrastructure platform for businesses. Starting this month, Stripe users can offer flexible payment terms “to their business buyers through Kriya.” B2B commerce is digitizing rapidly, and business buyers now “expect to purchase… Read More

September 13, 2024 @ 8:32 am By Omar Faridi  |  

KYC/KYB (Know Your Customer/ Know Your Business) systems is a rapidly evolving area of technology which must compensate for the constant increase in volume and complexity of online financial crime. This, according to an extensive report from Juniper Research. Juniper Research explains the role of… Read More

September 13, 2024 @ 8:30 am By Omar Faridi  |  

ParaFi Capital, an alternative asset management and technology firm with over $1 billion in assets under management, has tapped Securitize, a firm focused on tokenizing real-world assets, to tokenize an interest in one of its venture funds on the Avalanche blockchain. Since inception in 2018,… Read More

September 13, 2024 @ 8:24 am By Omar Faridi  |  

Mintos has officially completed its European rollout. Mintos recently noted that they are pleased to announce that they have now officially launched across the entire European continent. According to Mintos, this marks a major milestone in their expansion journey, giving investors access “to their comprehensive… Read More

September 13, 2024 @ 8:23 am By Omar Faridi  |  

Digital identity passports refer to a technology that allows users to aggregate their identification credentials—such as government-issued IDs, banking information, and health data—into a single digital format. This, according to an update from PitchBook. PitchBook explained that this digital passport “ensures frictionless, secure access to… Read More

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