Global

April 23, 2024 @ 8:28 am By Tony Zerucha  |  

On April 21, Trulioo, an identity verification platform, announced a collaboration with Nium, a provider of real-time cross-border payments. Nium integrated Trulioo’s Person Match identity verification capability to deliver compliant payment experiences for its U.K. operations. The companies first partnered in 2015, initially for Nium’s… Read More

April 23, 2024 @ 8:26 am By Omar Faridi  |  

PeerBerry’s business partners – real estate developers Lithome and SIB Group– have now reportedly repaid investors two loans totaling €1.79 million with interest. As noted in a blog post by PeerBerry, Lithome has repaid a one-year term loan of €750,000 (the real estate project “Baltupio… Read More

April 23, 2024 @ 8:24 am By Omar Faridi  |  

CoinMENA B.S.C., a crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA FZE, licensed by the Dubai Virtual Asset Regulatory Authority (VARA), proudly announces a partnership with Zodia Markets, a UK headquartered digital asset trading business, backed by Standard Chartered…. Read More

April 23, 2024 @ 8:23 am By Omar Faridi  |  

After a challenging period for the cryptocurrency / digital assets market last year, investor optimism and confidence in digital assets has returned – albeit with some reservations. This is shown by the results of a joint survey conducted by KPMG in Germany and BTC-ECHO, the… Read More

April 22, 2024 @ 11:07 pm By Michael Wong  |  

Softloans, a Fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth and development initiatives. The investment round was spearheaded by venture capital firm Firstpick, alongside contributions from several business angels, signaling strong investor confidence in the… Read More

April 22, 2024 @ 11:04 pm By Omar Faridi  |  

Bybit, a global crypto exchange, has released a new report showing that the current supply dynamics of Bitcoin leave only nine months of supply left on exchanges. This market trend is being attributed to the Bitcoin halving, which reduces supply by 50%. Post-halving, the Bitcoin… Read More

April 22, 2024 @ 10:03 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, launched its next generation Document Verification (DocV) solution, purpose-built “to tackle the rash of stolen identities, spoofing, and highly sophisticated deepfake attacks that are accelerating in their complexity across nearly… Read More

April 22, 2024 @ 2:27 pm By Omar Faridi  |  

The (re)insurance industry should brace itself for potential attacks on the public sector targeting government and election infrastructure, warns CyberCube, the market enabler of cyber risk analytics for the insurance industry. In a new research report, CyberCube warns government agencies and officials “must increase their… Read More

April 22, 2024 @ 11:00 am By JD Alois  |  

The former PM of Italy, Enrico Letta, has released a report on how to improve the EU single market. The 147-page document, called “Much More Than a Market,” is a “call to action” to improve upon the single market and monetary union. Letta states that… Read More

April 22, 2024 @ 10:02 am By Omar Faridi  |  

Workplace savings programs should be simple and streamlined, both for employers to manage and for employees to monitor and contribute to their financial growth, according to an update shared by Rippling. That’s why Rippling says it is pleased to announce a new integration with Wealthsimple… Read More

April 22, 2024 @ 8:54 am By Omar Faridi  |  

On April 17, 2024, London’s Metropolitan Police had announced the disruption of LabHost, which is described in an update by Chainalysis as a “notorious” phishing-as-a-service (PhaaS) provider that enabled cybercriminals to “breach the bank accounts of victims around the world, following an operation conducted in… Read More

April 22, 2024 @ 8:45 am By Omar Faridi  |  

Yael Selfin, Chief Economist at KPMG UK, says that inflation could soon “return to target, but risks remain.” Yael Selfin points out that the overall outlook for inflation “remains broadly positive, however there are several risks which could cause a setback.” Yael Selfin adds that Oil prices have… Read More

April 22, 2024 @ 8:44 am By Omar Faridi  |  

MUFG Bank, Ltd., which claims to be one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the investment banking groups in Europe, reportedly completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS… Read More

April 22, 2024 @ 8:25 am By Omar Faridi  |  

Manchester Digital has launched its new Manifesto for the Northern Tech Economy, in advance of the Greater Manchester Mayoral elections on 2nd May. They are calling on the new Mayor of Greater Manchester “to seize the opportunity to turbocharge the northern tech economy with the… Read More

April 22, 2024 @ 8:24 am By Omar Faridi  |  

Chris Pacey is said to have more than 20 years’ experience with deep technical knowledge of receivables and ABL products. Prior to joining ThinCats, Chris was working as Head of Relationship Management at ABN AMRO Commercial Finance. Chris will work alongside the ThinCats business development… Read More

April 22, 2024 @ 8:23 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where… Read More

April 22, 2024 @ 8:22 am By Omar Faridi  |  

The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy. The milestone comes… Read More

April 22, 2024 @ 8:16 am By Omar Faridi  |  

Digital payments are becoming the cornerstone of the cross-border, international digital money transfer and remittances market “with numerous disruptor MTOs (Money Transfer Operators) making strong progress,” the Juniper Research team noted. Juniper Research has explained that cross-border transfer has evolved from being “solely a sphere… Read More

April 22, 2024 @ 8:13 am By Omar Faridi  |  

Estateguru has shared its latest Loan Portfolio Overview for the month of March 2024. Estateguru says they have “originated €6.9M worth of loans in March, with the majority of funding coming from Estonia, and Latvia.” Estateguru reveals that it “saw €8.4M in loan repayments, with… Read More

April 21, 2024 @ 3:24 pm By Omar Faridi  |  

There are over 2.52 million cryptocurrencies in 2024 to date, according to an update from CoinGeck0. This is 5.7 times more than the 0.44 million cryptocurrencies around “at the end of 2021.” The CoinGecko report further noted that the number of cryptocurrencies “first broke into… Read More