Global

February 22, 2024 @ 9:17 am By Omar Faridi  |  

Revolut, the UK’s fintech with more than 35 million customers worldwide, has recently announced the launch of an advanced scam detection feature to help protect customers from card scams. Revolut customers can now experience “an added layer of security protection, on top of the technology… Read More

February 22, 2024 @ 8:40 am By JD Alois  |  

While SyndicateRoom is not posting all portfolio returns for individual firms for their various vintages, the online investment platform is selecting some of the most successful offerings as per current valuations. First, SyndicateRoom reports that their 2020 vintage is up by 47%, their  2021 cohort… Read More

February 22, 2024 @ 8:23 am By JD Alois  |  

SeedBlink, a securities crowdfunding platform operating across Europe, says it has inked a partnership with Accumeo, a crowdfunding platform based in Sweden. Accumeo is registered with the Swedish Financial Supervisory Authority having obtained a license to conduct crowdfunding, operating under ECSPR,. Under the EU rules,… Read More

February 22, 2024 @ 7:32 am By Omar Faridi  |  

Revolut has launched Robo-Advisor service in the EEA, to automate investing tailored to customer needs. The new product is advantageous for those who “don’t have the time to actively invest, or have limited or no trading experience.” Revolut’s Robo-Advisor assigns “a portfolio taking into account… Read More

February 22, 2024 @ 7:30 am By Omar Faridi  |  

KPMG UK and Blue J announced that they will launch a new generative AI powered product to answer challenging tax research questions in seconds. KPMG will have exclusive access “to the tool, Ask Blue J, among the big four accountancy firms in the UK for… Read More

February 22, 2024 @ 7:11 am By Omar Faridi  |  

wefox, which claims to be among the leading Insurtech firms, has appointed Dominik Ulrich as Chief Risk Officer (CRO), with immediate effect. Prior to this role Mr. Ulrich was working as Head of Internal Audit at wefox. Mr. Ulrich will now be expected to “lead… Read More

February 22, 2024 @ 5:22 am By Omar Faridi  |  

Nubank (NYSE:NU), one of the largest financial services platforms in the world, has appointed Elita Ariaz as the new Chief Legal Officer of the company. With over 20 years of experience in the sector, the executive assumes the position to lead the Legal, Compliance, and Public… Read More

February 22, 2024 @ 4:00 am By JD Alois  |  

Bob Wigley, the Chairman of UK Finance, has joined the Board of Directors of R3. UK Finance is a group that advocates on behalf of the UK financial services industry, representing over 300 individual firms. The group aims to drive innovation and help to shape… Read More

February 21, 2024 @ 10:05 pm By Omar Faridi  |  

Manchester headquartered specialist lender, Assetz Capital, has launched a new Planning Assistance Loan product, aimed at supporting the conversion of commercial buildings in to residential dwellings The new product solution is specifically designed “to help experienced property developers acquire commercial buildings, with the intent of… Read More

February 21, 2024 @ 9:59 pm By Omar Faridi  |  

Akur8, the insurance pricing solution, is pleased to announce that MGS Seguros has chosen its pricing platform. This new collaboration will empower its actuarial and pricing teams “to build powerful, explainable pricing models and establish a robust predictive modeling framework for its auto and home… Read More

February 21, 2024 @ 9:53 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that it has partnered with Web3 platforms Biconomy, ZeroDev and Rhinestone to co-publish the ERC-7579 standard, which outlines technical standards for simplifying and unifying the management of ‘Modular Smart Accounts.’ The standard aims to enable developers “to customize and… Read More

February 21, 2024 @ 9:51 pm By Omar Faridi  |  

Nexo, the institution for digital assets, announced a partnership with Sift, the firm focused on Digital Trust & Safety. By working with Sift, Nexo will be able to enhance its approach “to fraud prevention, enhancing security measures and ensuring a safer, smoother, quicker, and more… Read More

February 21, 2024 @ 3:41 pm By Omar Faridi  |  

Government leaders are increasingly pointing to a lack of infrastructure as a barrier to modernization, according to new EY survey The EY survey reportedly reveals “outdated IT, limited funding and an overwhelmed workforce are among top barriers to tech modernization at federal, state and local… Read More

February 21, 2024 @ 2:36 pm By Omar Faridi  |  

Prove Identity, Inc., the global enabler of digital identity, announced it has been appointed to the FIDO Alliance Board of Directors. Tim Brown, global identity officer at Prove, will serve “as the company’s Primary Board Delegate.” Today, over 80% of data breaches are “caused by… Read More

February 21, 2024 @ 12:16 pm By JD Alois  |  

The founder of Tether, EOS and Blockchain Capital, Brock Peirce, has invested in real estate tokenization firm EstateX. The amount of the investment an deal terms were not immediately available. EstateX is based in the Netherlands. At the same time, Peirce is expected to become… Read More

February 21, 2024 @ 10:39 am By Omar Faridi  |  

OpenPayd, the global payments and Banking-as-a-Service (BaaS) platform, today announced its partnership with TrueLayer, Europe’s open banking payment network, to enhance its instant payment solutions offering for its clients. OpenPayd will leverage TrueLayer’s payments network “throughout the UK and Europe to enable secure and instant… Read More

February 21, 2024 @ 10:10 am By Omar Faridi  |  

Nubank (NYSE:NU) has just expanded its investment offerings by bringing another new option to its customers: starting this week, the CDB IPCA (Certificate of Deposit tied to the Consumer Price Index) will be gradually available to users on the app. With this addition, customers will… Read More

February 21, 2024 @ 8:28 am By JD Alois  |  

Regulatory services firm Englebert has been approved by the UK Financial Conduct Authority (FCA) to approve crypto asset promotions. The registration is viewable here. Englebert described the approval as a “groundbreaking milestone.’ Englebert is a new company but claims decades of experience within the company…. Read More

February 21, 2024 @ 7:52 am By Omar Faridi  |  

Pepper Advantage, a global credit intelligence company, announces the appointment of Aaron Milburn as UK Managing Director. Aaron will reportedly “lead Pepper Advantage’s UK business, which manages a portfolio of £20 billion in assets under management, effective immediately.” He is taking over from Gerry McHugh,… Read More

February 21, 2024 @ 7:16 am By Omar Faridi  |  

A professional team of Fintech veterans have introduced Meso, a payment platform which brings crypto-assets and fiat currencies closer, thus making it seamless for clients to transfer funds on- and off-chain. In statements shared with Fortune, Meso co-founder and CEO Ben Mills explained that a… Read More