Global

September 15, 2023 @ 9:33 am By Omar Faridi  |  

Forge Global has shared the latest Private Market Update with CI. The report, prepared by global private securities marketplace, Forge Global (NYSE: FRGE), includes key insights based on the most current developments. The Forge Private Market Index, which tracks the most liquid private companies on… Read More

September 15, 2023 @ 8:52 am By Omar Faridi  |  

Certain executives working at the US division of Binance are reportedly leaving at a time when the crypto firm is struggling with heightened regulatory scrutiny, the WSJ reported this past Thursday, citing sources familiar with the issue. Krishna Juvvadi, head of legal, and Sidney Majalya,… Read More

September 15, 2023 @ 8:28 am By Omar Faridi  |  

Lunar doubles net interest and fee income in the first half of 2023 “compared to the same period last year.” At the same time, Lunar continues its investments in “developing the business and the product range to become the best everyday bank in the Nordics.”… Read More

September 14, 2023 @ 8:57 pm By Omar Faridi  |  

To better equip financial institutions’ need for faster data, more control and bigger impact throughout the analytics lifecycle, TransUnion (NYSE: TRU) launched TruIQ Data Enrichment. The solution provides unlimited, on-demand access “to pseudonymized TransUnion credit data within a customer’s private environment.” TruIQ Data Enrichment includes… Read More

September 14, 2023 @ 8:52 pm By Michael Wong  |  

ADGM (Abu Dhabi Global Market), the International Financial Centre in the UAE’s capital, has showcased impressive growth during the first half of 2023, solidifying Abu Dhabi’s position as a ‘falcon economy’ and a predominant financial powerhouse in the GCC region. The number of investment firms… Read More

September 14, 2023 @ 4:30 pm By Michael Wong  |  

ADDX, the Singapore-based private market exchange, revealed plans to venture into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) regions. This strategic move aims to enhance the efficient allocation of growth capital and bridge the existing gap between private entities in need of… Read More

September 14, 2023 @ 4:22 pm By Omar Faridi  |  

Over the summer, the number of monthly visits to the most popular European continental P2P platforms grew by 22.5%, according to an update shared by UnaFinancial (formerly doing business as Robo.cash). The analysis of monthly traffic by UnaFinancial of the websites of leading European P2P… Read More

September 14, 2023 @ 4:08 pm By JD Alois  |  

European tokenization provider Tokeny has enabled ABN AMRO to issue a tokenized bond in an offering that is described as being the first Dutch ban to issue a green bond on a public blockchain. Tokeny shares that Vesteda raised €5 million while predicting the offering… Read More

September 14, 2023 @ 9:33 am By JD Alois  |  

European online investment platform EstateGuru says crowdfunding is back after booking two solid months of activity. According to the platform, investors committed €18.9 million to new projects during the months of July and August. At the same time, €30.4 million was returned to investors, including … Read More

September 14, 2023 @ 8:47 am By JD Alois  |  

N26, a leading European digital bank, has appointed a new General Manager for Italy and Southern Europe. According to a statement from the bank, Claudio Bedino will lead the charge in “one of the most important banks” for the Fintech. Bedino will step into the… Read More

September 14, 2023 @ 8:37 am By Omar Faridi  |  

Talos, the provider of institutional digital asset trading technology, announced the launch of options trading on its flagship trading platform, in partnership with crypto derivatives exchange Deribit as its first liquidity venue accessible at launch. The integration between Talos and Deribit “allows institutional traders in select… Read More

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

Experian has announced a deal with Konfir in a move that is set to transform the pre-employment checking process for both candidates and employers. By adding Experian’s income and employment verification solution, Work ReportTM1, to its existing offering, Konfir reportedly “becomes the first provider in… Read More

September 14, 2023 @ 8:11 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Paysend, a UK-based fintech, have today expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are increasingly looking “for ways to send money or pay vendors across the globe quickly and securely.” While digital payments are… Read More

September 14, 2023 @ 8:10 am By Omar Faridi  |  

Visa (NYSE: V) revealed findings from the seventh edition of its Global Back to Business Study, which found that a majority of surveyed small and micro businesses (SMBs) plan to prioritize cross-border sales as they look to scale beyond Main Street and High Street to… Read More

September 14, 2023 @ 8:05 am By Omar Faridi  |  

Nubank (NYSE:NU) is launching one more type of secured loan for its customers in Brazil: the FGTS-backed loan. The new product aligns with the company’s plan “to expand its secure credit offering in 2023 and is gradually being made available to the eligible customer base.”… Read More

September 14, 2023 @ 8:02 am By Omar Faridi  |  

Deduce, which claims to be the “only” patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution “out of stealth and… Read More

September 14, 2023 @ 6:54 am By Michael Wong  |  

The OPEC Fund for International Development (OPEC Fund) has sanctioned financing exceeding $150 million for initiatives across Africa, Asia, Latin America, and the Caribbean. These funds will target modern infrastructure development in sectors like health, education, agriculture, water, and sanitation, and also extend financial assistance… Read More

September 13, 2023 @ 4:57 pm By Omar Faridi  |  

Checkout.com, the global payments provider, releases its latest research on the disparities in payment performance in the digital economy. The ‘High-Performance Payments: The hidden billion-dollar opportunity’ whitepaper, supported by research from Oxford Economics, finds “that US businesses lose, on average, 2.1% of global revenues due… Read More

September 13, 2023 @ 3:53 pm By Omar Faridi  |  

Corpay, a FLEETCOR (NYSE: FLT) brand and global leader in business payments, is proud to announce that Corpay’s Cross-Border business has launched Payments GPS, a proprietary tracking technology that allows clients and partners to monitor payments in real time. Leveraging various technologies, “including SWIFT GPI… Read More

September 13, 2023 @ 9:18 am By Omar Faridi  |  

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants “to accept PYUSD, enabling their customers to buy any… Read More