Global

January 15, 2024 @ 11:39 am By JD Alois  |  

Last month, Circle, a stablecoin issuer, announced the receipt of a conditional registration as a Digital Asset Service Provider (DASP) or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the Autorité des Marchés Financiers (AMF). When the approval was announced, Jeremy Allaire, co-founder and CEO… Read More

January 15, 2024 @ 9:25 am By Omar Faridi  |  

UK Open Banking adoption and integration into the financial ecosystem remains steady with over six years of ongoing developments. CI recently received insights regarding open banking and its “transformative” potential as payments via this method become more widely recognized. Saturday 13th January marked the sixth… Read More

January 15, 2024 @ 8:27 am By Omar Faridi  |  

Scotland’s Fintech cluster has reportedly experienced a 24% increase in overall jobs within fintech as Fintech Scotland, the cluster management organization, marks its sixth year of supporting the ecosystem. Regularly delivering on Scotland’s goal to considerably boost fintech-focused roles, the nearly  25% growth is being… Read More

January 15, 2024 @ 8:21 am By Omar Faridi  |  

UK’s prime property finance company CapitalRise is reporting £250m bank funding line, as part of its approach to diversify and boost the resilience of its capital sources and facilitate lending growth. This funding line is the fifth and reportedly the largest secured by the company… Read More

January 15, 2024 @ 8:16 am By Omar Faridi  |  

UK’s ThinCats is reporting that lending is up more than 30% in 2023 to record levels. In total, ThinCats has now lent “more than £1.7bn to businesses across the UK while assets under management stand at £790 million.” Despite a challenging economic environment, ThinCats has… Read More

January 15, 2024 @ 8:14 am By Omar Faridi  |  

CertiK has released the Web3 Security Report for Q3 2023. CertiK explains that the report aims to serve “as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space.” The update from CertiK is intended to equip stakeholders… Read More

January 15, 2024 @ 5:22 am By Omar Faridi  |  

‍Small business optimism returns in 2024, as half of SMEs anticipate growth this year, according to new research from iwoca – which claims to be one of Europe’s largest small business lenders. iwoca also mentioned that nearly half (47%) of small business owners “surveyed expect… Read More

January 14, 2024 @ 5:45 pm By Omar Faridi  |  

David Carlisle, the Vice President of Policy and Regulatory Affairs at Elliptic, noted that on January 10, the US Securities and Exchange Commission (SEC) undertook the landmark step of approving 11 spot Bitcoin exchange traded funds (ETFs). David Carlisle, who brings a wealth of experience… Read More

January 14, 2024 @ 5:35 pm By Omar Faridi  |  

In a move to foster global education and support aspiring students, Prodigy Finance has announced that it is now financing international master’s students “to pursue their studies in Australia.” Prodigy Finance, a social impact-driven FinTech and an international student loan lender is committed “to breaking… Read More

January 14, 2024 @ 5:16 pm By Omar Faridi  |  

Defining “competitiveness” in financial services is not a simple task, according to an extensive industry report. The aim of the report, produced by Luxembourg for Finance (LFF) in partnership with OMFIF, is to consider “the relative competitiveness of the European financial services industry against their… Read More

January 14, 2024 @ 5:14 pm By Omar Faridi  |  

bunq, a Dutch digital banking platform, has started describing itself as “the first AI-powered bank in Europe.” However, like most firms that claim to leverage AI, there is more hype than actual value being delivered to consumers. During the past few years, artificial intelligence has… Read More

January 14, 2024 @ 5:12 pm By Omar Faridi  |  

High growth businesses generally own few tangible assets, but can be rich in IP and intangible assets, according to an update shared by NatWest Group. These businesses can find it difficult “to use their assets as collateral to secure growth funding, especially when compared with… Read More

January 14, 2024 @ 4:15 pm By Omar Faridi  |  

SlowMist has been analyzing the attacks and major incidents of 2023. SlowMist‘s latest report will focus on the anti-money laundering (AML) trends in the blockchain sector for the same year. Thanks to the support of our InMist Intelligence Network partners, SlowMist aided clients, partners, and… Read More

January 14, 2024 @ 4:14 pm By Omar Faridi  |  

VanEck, a global investment fund manager with $76.4 billion USD in assets under management, announced recently the listing of its spot bitcoin exchange-traded fund (ETF) under the ticker HODL, with Gemini named as custodian. Both Gemini and VanEck claim that they “have been pioneers in… Read More

January 14, 2024 @ 4:09 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce select unaudited financial results for Netcoins’ Q4 2023 and the launch of its Crypto Trading API. Assets under Management… Read More

January 14, 2024 @ 4:06 pm By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS; US OTCQX: CNSRF) announced it has exercised the option to acquire Valkyrie Funds LLC, the U.S. digital asset manager’s investment advisory business specializing “in actively managed cryptocurrency exchange-traded funds, from Valkyrie Investments Inc.” CoinShares‘ decision to exercise this option… Read More

January 14, 2024 @ 3:55 pm By Omar Faridi  |  

Bitpanda has commented on why they think spot Bitcoin ETFs are a “game-changer” for the crypto market. Bitpanda notes in a blog post the crypto world has “reached an important milestone as major financial institutions receive approval from the U.S. Securities and Exchange Commission (SEC)… Read More

January 14, 2024 @ 8:22 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a global enabler of mission-critical, real-time payments software, announced that a UK retailer Co-op has successfully moved its full stack of payments and fraud prevention technology software into ACI’s multi-tenant cloud platform hosted in Microsoft Azure. As a strategic technology partner… Read More

January 14, 2024 @ 7:07 am By Omar Faridi  |  

CaixaBank and KfW IPEX-Bank are jointly providing HOCHTIEF financing for the interim construction financing of the PPP project Frankfurt (Germany) judiciary center. The project volume is in the low three-digit million range and “includes the parallel construction of two new judicial buildings in the Frankfurt… Read More

January 14, 2024 @ 4:11 am By Omar Faridi  |  

Valmar Capital,  a digital assets multi-manager multi-strategy platform that brings together a broad array of crypto-strategies and emerging talent, has taken a look ahead to comment on key anticipated developments to watch in 2024. Valmar Capital, which says its approach is backed by institutional-grade infrastructure,… Read More