Global

August 21, 2023 @ 8:53 pm By Omar Faridi  |  

DLocal Limited (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets,  announced earlier this month that Pedro Arnt has been “appointed as co-Chief Executive Officer and member of the Board of Directors of the company,… Read More

August 21, 2023 @ 5:44 pm By Omar Faridi  |  

Unqork, the Codeless as a Service platform, is excited to announce today the availability of the Unqork platform on Google Cloud Marketplace, which allows customers “to explore, launch and manage software without having to manually configure the software, virtual machine instances, storage or network settings.”… Read More

August 21, 2023 @ 9:23 am By Omar Faridi  |  

In an IG Investor Sentiment Survey of c.4500 clients, only 28% of UK clients said ESG (Environmental, Social, Governance) considerations “are important to them when making an investment decision.” This is particularly low “in comparison to 42% of Australian investors and 40% of Japanese investors.”… Read More

August 21, 2023 @ 8:53 am By Omar Faridi  |  

The partnership will see Northstake extend its virtual asset investment products to Coinify’s premier clients, accelerating institutional exposure to the crypto-staking industry. Northstake A/S, a regulated virtual asset service provider offering compliant staking products for institutions, has announced a strategic partnership with Coinify. Coinify is… Read More

August 21, 2023 @ 7:47 am By Omar Faridi  |  

Synechron, Inc., a global digital transformation consulting firm focused on the financial services and big technology organizations, announces the opening of its new Canada Delivery Center, located in the heart of the Montreal financial district. This expands Synechron’s Canadian footprint and “enables it to consult… Read More

August 21, 2023 @ 6:47 am By Omar Faridi  |  

Equifax (NYSE: EFX) has launched Smart Screen, a new portfolio of consumer reports. Leveraging the Equifax Cloud and the TotalVerify data hub, Smart Screen accelerates the delivery of criminal background checks “when required by background screeners, employers and government agencies as part of their established hiring… Read More

August 20, 2023 @ 10:22 pm By Omar Faridi  |  

PostFinance is boosting its mortgage lending: the financial service provider is acquiring a stake in Credit Exchange Ltd (CredEx) and taking a seat on its Board of Directors. The two parties have “signed a contract to that effect.” This partnership with the mortgage marketplace CredEx… Read More

August 20, 2023 @ 10:16 pm By Omar Faridi  |  

Inflation does not affect most investors, according to an update from PeerBerry. Available data shows (via an investor survey conducted by their platform last month), that 52% of the surveyed investors “do not change their investment habits and keep their previous investment volumes. 21% of… Read More

August 20, 2023 @ 10:15 pm By Omar Faridi  |  

Every startup begins as a pre-seed company, the team at Carta notes in a blog post. At Carta, they define “pre-seed” as any company that “has yet to raise a priced equity round.” These nascent businesses usually raise capital “with convertible instruments, the most common… Read More

August 20, 2023 @ 10:13 pm By Omar Faridi  |  

Spain is a country where old meets new, tradition dances “with innovation, and the economy basks in the sun of digital transformation and the fintech boom,” the team at Mintos notes. The report from Mintos points out that Spain, with its mix of beautiful beaches,… Read More

August 20, 2023 @ 10:11 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) is setting out their expectations for crypto-asset businesses that need “to comply with a change in money laundering legislation legislated by government in July 2022.” From 1 September 2023, crypto-asset businesses in the UK will be “required to collect,… Read More

August 20, 2023 @ 10:06 pm By Omar Faridi  |  

TerraPay, a global payments infrastructure company, today announced that it has secured authorization as an Electronic Money Institution (EMI) in Italy. Having obtained approval from the Bank of Italy, TerraPay is set “to expand its operations within the country and subsequently, throughout the European Union.”… Read More

August 20, 2023 @ 10:00 pm By Omar Faridi  |  

Vertalo, the digital transfer agent that connects and enables digital asset ecosystems, is excited to announce its most recent partnership with Climatize Earth Securities, a mobile app that allows users “to invest in renewable energy projects.” As of today, Climatize has integrated with the Vertalo… Read More

August 20, 2023 @ 5:19 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) displayed continued growth and remained in investment mode, scaling the Adyen team to further position itself to capture its long-term opportunity. As mentioned in the announcement by Adyen, the key H1 2023 figures are as follows: Processed volume was €426.0 billion, up… Read More

August 20, 2023 @ 5:13 pm By Omar Faridi  |  

Alpaca Crypto is pleased to share updates with their traders and partners. Starting from 9 am EST on Friday, August 18th, they will be rolling out support “for new cryptocurrencies, expanding their USDC pair support, and facilitating deposits and withdrawals for all supported Ethereum (ERC-20)… Read More

August 20, 2023 @ 4:55 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, announces the start of practical tests as part of its integration into the pilot project of Drex, the Brazilian digital currency formerly known as Real Digital. The start… Read More

August 20, 2023 @ 4:37 pm By Omar Faridi  |  

The Payment Systems Regulator (PSR) has launched two consultations in the lead up “to the implementation of its new authorised push payment (APP) fraud reimbursement requirements. ” In June, the PSR set out its final position on “tackling APP fraud, which will mean the vast… Read More

August 20, 2023 @ 4:35 pm By Omar Faridi  |  

We recently connected with Lasha Atandze, CEO of Rarify Labs, a service provider for Rarimo, the interoperability protocol making digital identities and the decentralized social layer multi-chain. During our conversation, Lasha sheds some light on the importance of multi-chain access for social identities in today’s… Read More

August 19, 2023 @ 6:59 pm By Omar Faridi  |  

Param, which claims to be Turkey’s biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto. Setting the scene for wider global expansion, Param is “introducing its technology and integrated embedded finance products and services… Read More

August 19, 2023 @ 6:55 pm By Omar Faridi  |  

Ecommpay, an international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America. Additionally, Ecommpay will offer protection “from fraud-related chargebacks to ensure merchants do… Read More