Global

January 11, 2024 @ 12:17 pm By Omar Faridi  |  

Visa (NYSE: V) and CIBC announced a new collaboration that will enable the bank’s clients to send funds to family and friends across borders more conveniently. With the innovative money movement capabilities of Visa Direct, CIBC and Simplii clients will soon be able to send… Read More

January 11, 2024 @ 11:45 am By Omar Faridi  |  

As expected by most industry analysts and also after an embarrassing false start (following the official SEC X account being “compromised”) the US Securities and Exchange Commission (SEC) has finally approved 11 spot bitcoin ETF applications – which were submitted by traditional financial and crypto-focused… Read More

January 11, 2024 @ 10:36 am By Omar Faridi  |  

OVO Network, a specialist in high-end, self-catered chalets in the Alps, has selected Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, to streamline the end-to-end payment process for its holiday property rental services. Mangopay will provide an optimized payments integration, “tailored… Read More

January 11, 2024 @ 10:13 am By Omar Faridi  |  

The European Central Bank (ECB) has published experimental statistics on Distributional Wealth Accounts (DWA) to provide quarterly and timely household distributional information that is consistent with the national accounts. The new data have been developed to “support the ECB’s 2021 monetary policy strategy, which aims… Read More

January 11, 2024 @ 10:11 am By Omar Faridi  |  

Turkey’s Minister of Treasury and Finance Mehmet Şimşek has shared insights regarding part of what’s expected to be included in the country’s upcoming crypto regulations. The Turkish government said it would be legally defining key concepts related to crypto and will comment on the licensing… Read More

January 11, 2024 @ 9:59 am By Omar Faridi  |  

DigitalBridge Group, Inc. (NYSE: DBRG) announced it has hired Ersin Yorulmaz as Managing Director, Co-Head of European Capital Formation, effective immediately. Yorulmaz’s appointment further “solidifies DigitalBridge’s already strong commitment to the DACH region (Germany, Austria, Switzerland), with the firm’s existing regional client base and portfolio… Read More

January 11, 2024 @ 8:41 am By Omar Faridi  |  

Ripple is reportedly buying back $285 million of its shares, valuing the Fintech firm at around $11 billion. This, according to sources familiar with the matter and cited by Reuters. Crypto firm Ripple Labs, which is well-known for its XRP token, is preparing to buy… Read More

January 11, 2024 @ 6:07 am By Omar Faridi  |  

Morrison Foerster, a global law firm, is pleased to announce the arrival of Tammy C. Davies as a partner in the firm’s Finance Group, based in the New York office. Davies brings to the firm deep experience “representing alternative lenders and investors in complex credit… Read More

January 11, 2024 @ 5:22 am By Omar Faridi  |  

GoCardless, the bank payment company, has extended its relationship with JustGiving to become the online donation platform’s exclusive open banking payment provider, replacing American Express. The move will see JustGiving use both the fintech’s Instant Bank Pay feature “to collect instant, one-off gifts and its… Read More

January 11, 2024 @ 12:16 am By Omar Faridi  |  

Thunes, the global B2B cross-border payment company, is pleased to announce key changes to its executive leadership team. To further accelerate its growth, Thunes reportedly “appoints Floris de Kort as its new CEO. Peter De Caluwe has been promoted to Deputy Chairman focusing on strategy,… Read More

January 10, 2024 @ 3:56 pm By Omar Faridi  |  

Spenda, an integrated business platform offering a wide range of SaaS, payment and lending capabilities, is pleased to announce that it has entered into a binding Memorandum of Understanding (MOU) with eBev, Australia’s marketplace for wholesale beverages, in order to integrate payment solutions into their… Read More

January 10, 2024 @ 3:29 pm By Omar Faridi  |  

Cyber insurance provider Cowbell announced its cyber insurance solutions are extending their reach beyond small and medium-sized enterprises (SMEs), now catering for mid-market businesses with an annual turnover of up to £1 billion. Backed by A+ rated (re)insurers, US-based Cowbell officially “entered the UK market… Read More

January 10, 2024 @ 11:11 am By Omar Faridi  |  

Chainalysis is announcing that Omesh Agam has joined the company as the Chief Information Security Officer (CISO). Omesh reportedly brings to Chainalysis “more than 20 years of experience in cybersecurity, having served in leadership positions for global security operations, security engineering, and all facets of… Read More

January 10, 2024 @ 8:42 am By Omar Faridi  |  

10x Banking, the transformational cloud-native SaaS core banking platform, and Mast, the cloud-native mortgage origination platform specialising in the UK market, are thrilled to announce their partnership, enabling real-time connectivity between the two systems. Alongside the partnership comes an API integration guide “on 10x Docs,… Read More

January 10, 2024 @ 8:40 am By Omar Faridi  |  

The Royal Bank of Scotland Report on Jobs survey signalled a fresh decline in permanent staff appointments across Scotland during December. The pace of reduction was reportedly “the strongest since April, as growing economic uncertainty weighed on hiring decisions and discouraged workers from seeking new… Read More

January 10, 2024 @ 8:35 am By Omar Faridi  |  

Acquired.com, a UK payments specialist and payment initiation service provider, and Lenvi, the leading Fintech provider of lending software, servicing, and risk management solutions, are pleased to announce a new partnership that sees Acquired.com offering tailored, streamlined, and modern payment solutions across Lenvi’s loan portfolio…. Read More

January 9, 2024 @ 11:12 pm By Omar Faridi  |  

Architect Partners LLC, the M&A and strategic financing advisor to crypto, digital asset, blockchain, DeFi and fintech companies, released its Year-End 2023 Global Crypto M&A and Financing Report, the “for analysis into the global activity that is shaping the landscape of crypto dealmaking.” The research… Read More

January 9, 2024 @ 4:54 pm By Omar Faridi  |  

Bitstamp and Cboe are uniting in an effort to “elevate” crypto integrity. The firms are pleased to share an exciting development at Bitstamp: They’ve established a Surveillance Sharing Agreement (SSA) with Cboe. By working with Cboe‘s BZX Exchange, Bitstamp says that it is “continuing crypto’s… Read More

January 9, 2024 @ 10:28 am By JD Alois  |  

Latin American digital asset platform Bitso has distributed a list of predictions for 2024. Felipe Vallejo, Chief Corporate Affairs Officer at Bitso, the end of 2023 was positive for Bitso: “… not only because we reached 8 million users globally and 1,700 institutional clients, but… Read More

January 9, 2024 @ 10:20 am By JD Alois  |  

German real estate investment platform GenoCrowd has launched its 14th securities offering to kick off the new year. The offering is in partnership with AS Unternehmensgruppe – the third project listed by the company on GenoCrowd. The funding round is for a real estate project… Read More