Global

April 29, 2024 @ 10:48 am By Omar Faridi  |  

Visa (NYSE: V), a global digital payments provider, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to build solutions and services for customers. Visa’s presence in the APN will help “enable its partners… Read More

April 29, 2024 @ 10:20 am By JD Alois  |  

Crypto mixer zkSNACKs and Wasabi Wallet service is now blocking US citizens from using its service. Crypto mixers have gained the ire of the US Department of Treasury, which believes that they are frequently used by bad actors to cover their tracks for nefarious activities…. Read More

April 29, 2024 @ 8:48 am By Omar Faridi  |  

As the bull market continues, VC Brian D. Evans shares insights on how projects and founders can best approach and take advantage of the current bull run. He also comments on the difference in approach between a bull market in traditional finance vs. the crypto… Read More

April 29, 2024 @ 7:37 am By Tony Zerucha  |  

This past week, FastSpring, a merchant of record for global SaaS and software companies, and EBANX, a global technology company specializing in payments for rising markets, announced a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix. Pix, Brazil’s instant payment… Read More

April 29, 2024 @ 7:31 am By Omar Faridi  |  

Mollie, which claims to be one of Europe’s fastest growing financial service providers, today published its 2023 financial results. In 2023, Mollie posted “a net revenue of €99 million, a growth of 36 percent compared to 2022.” This is due in part to attracting new… Read More

April 29, 2024 @ 7:29 am By Omar Faridi  |  

Liz Oakes has been appointed and Carolyn Wilkins has been reappointed as external members of the Financial Policy Committee (FPC), the Chancellor of the Exchequer, Jeremy Hunt, has announced. The Chancellor of the Exchequer, Jeremy Hunt, has appointed Liz Oakes as “an external member of… Read More

April 29, 2024 @ 7:12 am By Omar Faridi  |  

Bank of Ireland is investing more than €4 million in a range of financial literacy initiatives as part of its long-running national Financial Wellbeing campaign. Over 2024 and 2025 this investment, with a particular “focus on youth financial literacy, will help equip people with the… Read More

April 28, 2024 @ 11:55 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced a partnership with Uber, to offer millions of consumers Klarna’s convenient alternative payment methods across Uber’s ride-sharing and delivery platforms, Uber and Uber Eats. Live in the US, Germany, and Sweden, Klarna‘s Pay Now… Read More

April 28, 2024 @ 11:17 pm By Omar Faridi  |  

Powering embedded banking/BaaS, The Bank of London launches TBOL AI code assistant enabling rapid integration with banking APIs. The Bank of London officially introduces the TBOL Artificial Intelligence code assistant, using generative AI capabilities powering clients and developers “to build at speed, applications, products and services via The Bank… Read More

April 28, 2024 @ 10:25 pm By Omar Faridi  |  

Germany’s automotive marketplace mobile.de has chosen payments Fintech Mangopay to launch a tailored payment solution for its end users. The new collaboration is expected to enable consumers to buy or sell through mobile.de. They will be able to pay or get paid “for their vehicle within… Read More

April 28, 2024 @ 9:20 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the launch of its new Open Banking Marketplace, which is described as being a one-stop platform that enables both existing and prospective clients to discover, identify, and test application programming interfaces (APIs) that best meets their business objectives in a… Read More

April 28, 2024 @ 4:30 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced plans to refocus its digital asset business to leverage its core strengths in derivatives, technology and product innovation while realizing operating efficiencies for both Cboe and its clients. These changes are being… Read More

April 28, 2024 @ 1:37 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers. Thanks to the speed, flexibility… Read More

April 28, 2024 @ 1:37 pm By Omar Faridi  |  

Schroders Capital, a global private markets manager, and iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announce a strategic partnership that enables Schroders Capital to broaden access to wealth managers for its semi-liquid global private equity strategy…. Read More

April 28, 2024 @ 12:06 pm By Omar Faridi  |  

More than 220 central bankers and banking supervisors representing over 90 different jurisdictions met on 24–25 April, 2024 in Basel for the 23rd International Conference of Banking Supervisors (ICBS). The ICBS included a program to mark the 50th year of the Basel Committee on Banking… Read More

April 28, 2024 @ 9:57 am By Omar Faridi  |  

Digital bank Monzo is reportedly expanding its fundraising to £500 million as part of a round which includes capital from Hedosophia. This, according to an update from Sky News. Sources revealed on Sunday that Monzo might confirm as soon as this week that Hedosophia and… Read More

April 27, 2024 @ 6:03 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms, announces  the release of Nubank+, which is described as “an evolution of the Nu experience.” From now on, those who join the experience will reportedly “have even more benefits like cashback,… Read More

April 27, 2024 @ 5:03 pm By Omar Faridi  |  

Digital asset firm Gemini notes in its Weekly Market Update that Bitcoin miners are seeing rewards cut following the halving event. However, there are some positive indicators in terms of the supply of Bitcoin and its relationship to the availability of gold in global markets…. Read More

April 27, 2024 @ 4:55 pm By Omar Faridi  |  

Manchester City has announced a new multi-year partnership with Quidd, one of the world’s  digital collectible platforms. Quidd is providing new experiences enabling people “to swap and collect digital cards, transforming the football culture pastime of collecting stickers and cards for the modern age through… Read More

April 27, 2024 @ 4:53 pm By Michael Wong  |  

The Bank of Uganda (BoU) has mandated ID verification for all digital transactions exceeding one million Uganda shillings ($260), according to local reports. Announced on April 19, 2024, through its official X account, this directive requires users to present a government-issued ID for transactions at… Read More