Global

April 20, 2024 @ 10:34 am By Omar Faridi  |  

Allica Bank says it is on a mission to give established businesses in the UK the banking they deserve. Allica Bank explains that it aims to “offer no-nonsense business banking built especially for firms with 5-250 employees, providing dedicated relationship manager support backed up with… Read More

April 20, 2024 @ 7:52 am By Omar Faridi  |  

SRM Europe, a subsidiary of SRM (Strategic Resource Management, Inc.) providing business advisory services across the United Kingdom and Europe, is pleased to announce the acquisition of Accourt Payments Specialists, a provider of payments consulting and strategic services. With a strong track record in payments,… Read More

April 20, 2024 @ 7:51 am By Omar Faridi  |  

Analysis of pseudonymized and aggregated data from 3.6 million Nubank (NYSE: NU) customers illustrates drivers and barriers along the journey to long-term financial health. Recently, Nubank and Mastercard (NYSE: MA) released findings “from a study measuring the financial inclusion impact on individuals, including some who… Read More

April 19, 2024 @ 3:49 pm By Omar Faridi  |  

AffiniPay, the enabler of online payments and software solutions for professionals, has announced the launch of its expansion into Puerto Rico for LawPay and CPACharge. With a strong presence established in the United States and Canada serving over 80,000 accounting and law firms, AffiniPay continues… Read More

April 19, 2024 @ 10:08 am By JD Alois  |  

Tokenization platform Tokeny has integrated with Telos EVM (Ethereum Virtual Machine)> In a blog post, the digital security enabler said that by integrating Telos EVM, it will expand its reach for issuers to tokenize assets with while benefiting from Telos’ blockchain technology. The integration is… Read More

April 19, 2024 @ 9:53 am By Omar Faridi  |  

The upcoming Bitcoin halving is expected to make a significant impact on cryptocurrency trading markets while a maturing digital assets ecosystem sees Ethereum (ETH) facing considerable competition from other smart contract platforms. A lot has changed since the BTC halving of 2020. In an environment… Read More

April 19, 2024 @ 9:19 am By Omar Faridi  |  

Pliant, a business-to-business (B2B) credit card platform that allows businesses to optimize their payment processes, has recently announced the closing of more than €18 million in Series A extension financing, led by PayPal Ventures. Existing investors SBI Investment, Motive Ventures, and Alstin Capital “also participated… Read More

April 19, 2024 @ 9:12 am By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ:MARA), which claims to be one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced the appointment of Manoj Narender Madnani as Managing Director for the EMEA Region, where… Read More

April 19, 2024 @ 6:45 am By Omar Faridi  |  

UK-based Fintech Wise (LSE:WISE) has shared key updates from January-March 2024. The Wise Q1 2024 update has released important highlights for the Fintech platform. Here’s a few highlights: Wise says it helped customers “save an estimated £447,518, 882 in Q1.” Wise further claims that it… Read More

April 19, 2024 @ 6:44 am By Omar Faridi  |  

British Patient Capital has reportedly made a £7m investment in Wagestream – a financial benefits provider – as part of a £17.5m funding round. The investment was alongside other co-investors “including Lombard Odier Investment Managers and existing investor, Northzone.” With investment from social impact funds… Read More

April 19, 2024 @ 6:42 am By Omar Faridi  |  

DNA Payments has recently announced a key partnership in order to provide online retailers with high-performance, simple, unified payments by integrating DNA Payments’ acquiring and checkout solution with their E-commerce platform. DNA Payments’ feature-rich, customizable website checkout pages “offer easy integration with full technical support… Read More

April 18, 2024 @ 11:55 pm By Omar Faridi  |  

HighRadius, the provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, announced the launch of their B2B payments platform to improve payment processes across 100+ payment methods globally. The comprehensive B2B payments platform “encompasses a trio of essential products: Payment Gateway, Surcharge Management, and… Read More

April 18, 2024 @ 11:28 pm By Omar Faridi  |  

Rene Siegl, Founder, Executive Chairman at IXOPAY, says that he’s pleased to share that IXOPAY and TokenEx are merging, beginning a new era in the optimization of global payment systems. According to Siegl, this merger combines IXOPAY’s payment orchestration solutions with TokenEx’s specialization in “the… Read More

April 18, 2024 @ 11:27 pm By Omar Faridi  |  

Abra, a global platform for digital asset prime services and wealth management, today announced the launch of its integrated offering for institutions, Abra Prime, and private clients, Abra Private, following approval from the SEC for its subsidiary, Abra Capital Management LP (ACM), to operate as… Read More

April 18, 2024 @ 11:26 pm By Omar Faridi  |  

When it comes to buying investment properties millennials are not only the most active generation, but many are happy to go it alone, new data from CommBank has found. According to the data, 46 per cent of the banking institution’s new property investors in 2023… Read More

April 18, 2024 @ 7:13 pm By Omar Faridi  |  

After a strong 2023 Q4, the total crypto market cap continued rallying by +64.5% in 2024 Q1, reaching a high of $2.9 trillion on March 13, 2024, the team at CoinGecko noted in a new research report. CoinGecko has explained that in absolute terms, “the… Read More

April 18, 2024 @ 7:12 pm By Omar Faridi  |  

BitGo announced the launch of BitGo Ventures, BitGo’s investment arm dedicated to seeking out and fostering partnerships with FinTech infrastructure companies and blockchain projects around the world. BitGo Ventures will invest in startups “that are building secure, scalable, and digital-native financial infrastructure solutions while prioritizing… Read More

April 18, 2024 @ 9:01 am By JD Alois  |  

CrowdProperty, a property investment platform, has announced a new feature called Instant Decision in Principle (iDIP). This feature aims to speed up the financing process for developers. The feature will be officially revealed at the Property Investor Show in London this weekend. CrowdProperty explains that… Read More

April 18, 2024 @ 8:43 am By Omar Faridi  |  

More than a third (36%) of senior leaders in the financial services sector use generative AI at least once a day at work, according to new research from KPMG UK. Of all senior professionals in the sector, CEOs are “the most frequent users (30%) of… Read More

April 18, 2024 @ 8:38 am By Omar Faridi  |  

Revolut, the global financial app with more than 40 million customers worldwide, has  announced the release of its first Financial Crime and Consumer Security Report, containing exclusive scam and fraud insights. The report, based on extensive internal research and data analysis, “aims to shed light… Read More