Global

November 24, 2023 @ 2:37 pm By Omar Faridi  |  

Sygnum announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). The first institutional Crypto Multisector Index “combines key crypto sectors into a single portfolio to conveniently enable broad, liquid access to the digital asset… Read More

November 24, 2023 @ 12:16 pm By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the cryptocurrency industry, says that it continues its unwavering commitment “to combat illicit activities and provide support to victims through its assistance to, and support of, law enforcement agencies.” As the U.S. Department of… Read More

November 24, 2023 @ 10:59 am By Omar Faridi  |  

Former CEO and Binance founder Changpeng Zhao‘s (CZ) departure from the firm will trigger some short-term volatility in the cryptocurrency market, but crypto will “continue to thrive as more institutional money pours in,” predicts the CEO of an independent financial advisory, asset management and fintech… Read More

November 24, 2023 @ 10:57 am By Omar Faridi  |  

Lunate, a global alternative investment management company with more than $50 billion of assets under management, and BNY Mellon (NYSE:BK), the largest custodian and a leader in wealth management technology are investing in a new company, Alpheya, that “will develop a customized wealth management technology… Read More

November 24, 2023 @ 9:49 am By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, has launched its “first ever” Black Friday sale on its Bridging range, “offering brokers and their customers free valuations.” This offer is applicable to “all of its unregulated bridging products on standard properties.” Fresh from cutting its Buy-to-Let… Read More

November 24, 2023 @ 9:47 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for leading companies, announced the successful integration of Adyen for Platforms for TabSquare, a Delivery Hero entity, to further enhance customer experience across all channels for Quick Service Restaurants (QSR) in Singapore. Adyen for Platforms is described… Read More

November 24, 2023 @ 9:15 am By Omar Faridi  |  

Stablecoin Standard, the industry body for stablecoin issuers, has established a channel partnership with Chainlink Labs, developers of the industry-standard decentralized computing platform Chainlink. This partnership will support “the adoption of stablecoins through education, resources, and shared initiatives.” Stablecoin Standard is the industry body for… Read More

November 24, 2023 @ 8:18 am By Omar Faridi  |  

Bestinvest, the online investment and coaching service, has become the first investment platform to adopt fintech platform PrimaryBid’s innovative Fuse solution in order “to expand access to UK capital markets transactions for customers.” Through Fuse, Bestinvest customers will “have significantly greater awareness and access to… Read More

November 24, 2023 @ 8:16 am By Omar Faridi  |  

Prior to the UK leaving the EU, EEA-based firms were able “to operate in the UK without our direct authorization.” The UK’s Financial Conduct Authority (FCA) notes that the Temporary Permissions Regime, which allowed EEA firms to continue “to operate in the UK while transitioning… Read More

November 24, 2023 @ 8:14 am By Omar Faridi  |  

The AMF and the Paris Public Prosecutor’s Office urge retail investors “to be extremely vigilant regarding Immediate Connect’s fraudulent investment offer in crypto-assets.” Following an initial public warning issued by the Autorité des Marchés Financiers (AMF) last June, the regulator continues “to receive numerous enquiries… Read More

November 24, 2023 @ 7:12 am By Omar Faridi  |  

Form3 is to provide SEPA Instant, Credit Transfer and Direct Debit connectivity for Klarna’s 150m active customers across more than 500,000 merchants. Form3, the cloud-native account-to-account platform, is pleased to announce it will be providing Klarna, the AI-powered payments network and shopping assistant, with SEPA… Read More

November 23, 2023 @ 7:40 pm By Michael Wong  |  

Lending platform Dnaneer Financing Co, has reportedly received authorization from the Saudi Central Bank (SAMA) to operate a crowdfunding platform in Saudi Arabia. The authorization gives the company the go signal to offer debt-based crowdfunding solutions in the Kingdom, making it the eight fintech firm… Read More

November 23, 2023 @ 1:56 pm By Omar Faridi  |  

The Nubank (NYSE:NU) Cripto crypto currency trading platform is currently evolving, and is announcing today five new options for Nubank customers. Over the next few weeks, gradually, the user base “will gain access to the digital currencies Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM), Arbitrum… Read More

November 23, 2023 @ 11:12 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the recent release of a white paper titled, “2024: Anticipating Tomorrow’s Trends.” The report highlights the findings of a September 2023 survey of 500… Read More

November 23, 2023 @ 10:25 am By Omar Faridi  |  

One year ago, OakNorth – the UK digital bank has acquired a 50% stake in ASK Partners (ASK), a specialist lender that reportedly has enabled over £1.4 billion of lending through its platform “where institutional partners, family offices, and high net worth individuals provide funding.”… Read More

November 23, 2023 @ 10:02 am By Michael Wong  |  

GC Exchange FZE (GCEX), a subsidiary of the GCEX Group, has been granted an Operational VASP Licence by Dubai’s Virtual Asset Regulatory Authority (VARA) for VA Broker-Dealer services. This developmens comes after GCEX opened its Dubai office in July 2022 and received a Minimal Viable… Read More

November 23, 2023 @ 9:52 am By Omar Faridi  |  

There were several notable digital asset and blockchain-focused developments that were announced this past week, including Republic choosing Avalanche for its profit-sharing investment Note. This week also saw crypto exchange Kraken being sued by the US Securities and Exchange Commission (SEC) for allegedly failing to… Read More

November 23, 2023 @ 9:24 am By Michael Wong  |  

UK-based PaymentSense is planning to apply for an e-money license from the Central Bank of Ireland, the Irish Independent reported. PaymentSense, known for providing merchants with card terminals for contactless payments, is already established in Ireland. However, the approval of its e-money license application would… Read More

November 23, 2023 @ 8:23 am By Omar Faridi  |  

Bitpanda says they’re always looking for new ways to make investing even more simple and secure. Bitpanda is now pleased to announce that – if you are resident in Germany and Austria – you can now “make free deposits to your Bitpanda wallet using PayPal.”… Read More

November 22, 2023 @ 4:34 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants and an AWS Qualified Software Partner, announced that the FloQast Accounting Operations Platform is now “available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that… Read More