Global

June 25, 2024 @ 2:23 pm By JD Alois  |  

Financial services are best when they are ubiquitous but not obtrusive – there when you need them, but otherwise, not in the way. This is the goal of Fintech everwhere and embedded financial services. In Brazil, iFood Pago, a digital bank for restaurants, is taking… Read More

June 25, 2024 @ 1:42 pm By Omar Faridi  |  

REGnosys, the collaboration platform for regulatory reporting, has contributed the language underpinning its digital regulatory reporting solution to the Fintech Open Source Foundation (FINOS), the financial services umbrella of the Linux Foundation. The language – formerly known as the Rosetta DSL (Domain-Specific Language) and renamed… Read More

June 25, 2024 @ 12:04 pm By Omar Faridi  |  

Experian and Virgin Money announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology. The partnership will see Virgin Money use Experian’s full breadth of services “including credit and lending, fraud prevention, analytics, governance, and compliance as… Read More

June 25, 2024 @ 11:03 am By JD Alois  |  

Germany based payments platform Nexi says it now enables merchants in Germany to accept in-person contactless payments with Tap to Pay on iPhone. The company added that it will continue to expand the availability of Tap to Pay on iPhone to its customers across Europe… Read More

June 25, 2024 @ 10:50 am By JD Alois  |  

AI firm Prewave has raised $67 million in a Series B funding round. The funding was led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest, and Working Capital Fund. The company said the money will be used to enable its next phase… Read More

June 25, 2024 @ 9:38 am By JD Alois  |  

BitGo and Finery Markets have announced a partnership that will offer an integrated crypto trading market and off-exchange settlement product. BitGo is a digital asset infrastructure provider that offers custody, wallets, staking, trading, and settlement. Founded in 2013, it reports serving over 1,500 institutional clients…. Read More

June 25, 2024 @ 8:55 am By Omar Faridi  |  

The European Central Bank (ECB) has shared an update that says it’s crucial to complete the banking union and capital markets union. ECB notes that there has been “disappointing progress in euro area financial integration since the start of monetary union.” According to a blog… Read More

June 25, 2024 @ 8:32 am By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management and prime services, is delighted to have partnered with Kraken MTF, the UK FCA-authorized crypto derivatives exchange in Europe, in order to “provide off-exchange settlement for institutional clients.” To actively trade digital assets, institutional investors… Read More

June 25, 2024 @ 8:31 am By Omar Faridi  |  

Peterborough is ranked the best city to work for a small business in Britain, according to new research compiled by iwoca, one of Europe’s small business lenders. iwoca’s ‘Top 25 Towns & Cities for SME Jobs’ list ranks areas “using ONS data on average wage,… Read More

June 25, 2024 @ 8:23 am By Omar Faridi  |  

Lloyds Banking Group and Visa (NYSE: V) have announced the renewal and expansion of their 40-year partnership in the UK, as Visa becomes Lloyds Banking Group’s leading scheme provider for its Lloyds Bank, Halifax, Bank of Scotland and MBNA brands. Under the partnership, Lloyds Banking… Read More

June 25, 2024 @ 8:21 am By Omar Faridi  |  

Despite mounting concerns from pension savers, shareholders of three of the biggest US tech companies that form a significant portion of the ‘Magnificent Seven’ have dismissed calls to address the risks associated with Artificial Intelligence (AI) developments. This, according to an update from UK’s PensionBee…. Read More

June 25, 2024 @ 8:15 am By Omar Faridi  |  

According to new data released ahead of the upcoming UK general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata “reveals 34% of… Read More

June 24, 2024 @ 6:18 pm By JD Alois  |  

Republic, an online investment platform, recently listed a securities offering for shares in Watford FC – a professional football club in the UK. The share offering is also being listed on its subsidiary Seedrs. In an X today, Republic said that investors may now purchase… Read More

June 24, 2024 @ 6:06 pm By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry,  announced that four new Board Members have joined its Board of Directors. The Board plays a critical role in setting “the strategic direction of DTCC, working closely with the firm’s leadership and advising on… Read More

June 24, 2024 @ 3:16 pm By Omar Faridi  |  

As technologies currently capturing the world’s attention, there are significant synergies to explore between blockchain and artificial intelligence (AI). In their efforts to develop and build the ecosystem for our EVM-compatible sidechain Neo X, the Neo team is announcing a new partnership with Phoenix, a… Read More

June 24, 2024 @ 12:18 pm By JD Alois  |  

Mode Mobile, a smartphone firm that aims to turn your digital device into an “earnphone,” is raising growth capital through a cross-listed securities offering on Seedrs and Republic. Seedrs is a top securities crowdfunding platform in the UK which also serves continental Europe. Parent company… Read More

June 24, 2024 @ 11:42 am By JD Alois  |  

Belgian Fintech Chift has raised €2.3 million in seed funding, according to a statement from the company. The funding round was led by Entourage, an early-stage fund specializing in B2B SaaS and founded by Pieterjan Bouten – founder and former CEO of Showpad. Other investors… Read More

June 24, 2024 @ 10:56 am By Omar Faridi  |  

Digital currency exchange Binance is reportedly assisting in investigating a recent attack carried out against Turkish crypto exchange BtcTurk, with more than $5 million in pilfered funds now having been frozen. This, according to social media update from Binance CEO Richard Teng. Teng noted that… Read More

June 24, 2024 @ 10:40 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced its participation in the Series A investment round for Avail, a unification layer designed to solve rollup fragmentation at scale. Avail aims to scale and unify rollups and “the modular… Read More

June 24, 2024 @ 9:58 am By JD Alois  |  

Curve has received the backing of Samsung Next – the VC arm of the global firm. Samsung Next backs Fintechs, including AI firms, blockchain, Healthtech, and more. Curve is a breakout UK Fintech that has previously sold securities in crowdfunding rounds. Curve’s App enables users… Read More