Global

December 21, 2023 @ 7:11 am By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that the Central Bank of Ireland (CBI) has added its Irish subsidiary Ripple Markets Ireland Limited to its list of registered Virtual Asset Service Providers (VASPs). The decision will support Ripple’s business since, “as a… Read More

December 21, 2023 @ 5:07 am By Omar Faridi  |  

Virgin Money has announced the launch of a new pension offering, enhancing its digital platform and further extending its partnership with FNZ. The digital investment solution was initially “launched in April 2023, and aimed to make investments more accessible, straightforward and transparent for UK retail… Read More

December 21, 2023 @ 3:10 am By Michael Wong  |  

Abu Dhabi-based Changer.ae has been granted a license by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a cryptocurrency custodian service. As the first regionally built, independent virtual asset custody provider in the UAE, Changer addresses the increasing… Read More

December 21, 2023 @ 2:25 am By Omar Faridi  |  

Digital bank Revolut is reportedly expecting to make $1.9 billion in revenue for 2023, almost twice the $1 billion it made in the last 12 months. This, according to an update from Bloomberg. The Fintech firm’s monthly revenue has averaged around $158 million during H1… Read More

December 21, 2023 @ 1:50 am By Omar Faridi  |  

Updraft, a UK-based consumer lending fintech has announced the closing of a £250M forward flow arrangement with Jefferies and Santander Corporate and Investment Banking, allowing the business to build on its mission “to help UK households move away from expensive credit cards and overdrafts.” The… Read More

December 20, 2023 @ 10:04 pm By Michael Wong  |  

A new survey has highlighted a growing trend among Indian consumers towards using digital services for loans and financial transactions, coupled with a significant lack of awareness about data privacy. According to Home Credit India’s ‘How India Borrows Survey 2023’, only 18% of borrowers surveyed… Read More

December 20, 2023 @ 2:08 pm By Omar Faridi  |  

On December 4th 2023, SIX introduced a novel service extension to its Exchange Traded Funds (ETF) franchise, called Quote-on-Demand Europe (QOD Europe). In addition to over 1,700 tradable products listed at SIX Swiss Exchange, clients are now able to trade ETFs listed “on other primary… Read More

December 20, 2023 @ 1:53 pm By Omar Faridi  |  

Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, announces it has raised $7 million in a seed extension round. Participants in the investment round reportedly “include first-time investments from Kraken Ventures, Fabric Ventures, Arca, and Inovo Ventures,… Read More

December 20, 2023 @ 12:33 pm By Omar Faridi  |  

Bytepitch, the team building the Crabble NFT lending platform, have deployed their contract to Agoric mainnet after their proposal had a passing vote. The second third-party application to launch on-chain on Agoric, Crabble offers a utility layer for NFTs on Agoric and “soon the entire… Read More

December 20, 2023 @ 11:45 am By JD Alois  |  

IOSCO (International Organization of Securities Commissions) has shared its opinion on DeFi, or decentralized finance, by providing nine policy recommendations for regulation. DeFi is an approach to using technology to remove a central counterpart to manage transactions and services. Some blockchain proponents believe this is… Read More

December 20, 2023 @ 11:42 am By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced a “significant” increase in the adoption of its platform in the past year. The company, which opened a new international headquarters in Vancouver this year, also earned industry recognition “following the… Read More

December 20, 2023 @ 11:37 am By Omar Faridi  |  

Proxymity, the digital investor communications platform, has recently announces the launch of its digital proxy voting service – Proxymity Vote Connect Total (VCT) – to BNY Mellon (NYSE: BK) clients in the UK in time for the 2024 voting season. The launch follows Proxymity and… Read More

December 20, 2023 @ 11:12 am By Omar Faridi  |  

In the 2023 edition of its report on corporate governance and executive compensation in listed companies, the Autorite des Marches Financiers (AMF) reviews “the regulatory developments of recent months and assesses the quality of the information published.” The AMF makes recommendations to “improve the information… Read More

December 20, 2023 @ 10:35 am By Omar Faridi  |  

Volt, the global real-time payments platform, has recently announced its partnership with embedded sustainability fintech, ekko. The collaboration enables consumers and retailers “to support the removal of plastic bottles from the ocean at checkout, which are then tracked in real time to measure the environmental… Read More

December 20, 2023 @ 9:57 am By Omar Faridi  |  

Pension savers choosing fossil-fuel free pension plans are likely to have seen higher returns during 2023 than those in mainstream default plans, according to analysis by PensionBee, an online pension provider. Comparing the MSCI ACWI ex. Fossil Fuels Index, which “excludes oil and gas producers,… Read More

December 20, 2023 @ 9:00 am By JD Alois  |  

Even during the profound challenges taking place in Israel and the war in Gaza, OurCrowd continues to operate and provide services to its customers. Following the start of the war, OurCrowd announced the Israel Resilience Fund, and today, it is announcing the first close of… Read More

December 20, 2023 @ 7:50 am By Omar Faridi  |  

Torstone Technology, an SaaS platform for post-trade securities and derivatives processing, is pleased to announce that Davy Capital Markets, Ireland’s capital markets firm and a member of the Bank of Ireland Group, has gone live “on the Torstone Post Trade Platform.” The deployment reportedly marks… Read More

December 20, 2023 @ 7:47 am By Omar Faridi  |  

SwissFortress, an enabler of decentralized wallet solutions, has announced an integration with qiibee, the blockchain-based B2B marketplace for customer loyalty. The integration, which stems from qiibee’s partnership with Miles & More, the loyalty programme of the Lufthansa Group, “adds SwissFortress’s technology powered by MatterFi, to… Read More

December 20, 2023 @ 7:11 am By Omar Faridi  |  

SlowMist are pleased to announce a strategic partnership with zkMe, a “significant” advancement in their commitment to blockchain compliance and privacy. As a key entity in on-chain analytics, MistTrack’s role in “detecting and preventing cryptocurrency money laundering is vital.” Their platform offers comprehensive tools “including… Read More

December 19, 2023 @ 10:00 pm By Omar Faridi  |  

Atom bank, the UK’s app-based bank, is boosting Durham University’s Women in Technology program with two new scholarships aimed “at prospective female students from low-income backgrounds.” The Women in Technology program was inspired “by globally recognized tech leader Dr Anne-Marie Imafidon MBE, and was founded… Read More