Global

March 15, 2023 @ 7:11 pm By Omar Faridi  |  

Wirex, a crypto payments platform, has partnered with card issuer, Novatti, to directly issue cards to Australians. The announcement has the potential “to allow over 20 million people to utilize their innovative multicurrency card every day.” Wirex claims that it “developed the world’s first crypto-enabled… Read More

March 15, 2023 @ 6:45 pm By Omar Faridi  |  

Ria Money Transfer, a firm focused on the cross-border money transfer industry and business segment of Euronet (NASDAQ: EEFT), and ACLEDA Bank Plc., Cambodia’s leading retail bank, announced a partnership that “broadens cross-border money transfer services available to and from Cambodia.” This expansion of Ria’s… Read More

March 15, 2023 @ 3:47 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank (SNB) have issued a joint statement on “market uncertainty.” The statement follows the rapid decline in the share value of Credit Suisse (NYSE:CS). The global bank is viewed as the worst home in… Read More

March 15, 2023 @ 2:17 pm By Omar Faridi  |  

Jscrambler, the security solution for JavaScript protection and webpage real-time monitoring, announced that it has joined the PCI Security Standards Council (PCI SSC) as a new Principal Participating Organization. Jscrambler will help drive the future of global payment security “with a strategic level of leadership,… Read More

March 15, 2023 @ 12:53 pm By JD Alois  |  

CrowdProperty has returned to Seedrs to raise another funding round. CrowdProperty is a profitable Proptech that matches investors to borrowers. According to the offering page, CrowdProperty is seeking a minimum raise of £400,009 at a pre-money valuation of £41.9 million. This represents an equity interest… Read More

March 15, 2023 @ 12:06 pm By JD Alois  |  

Chancellor of the Exchequer Jeremy Hunt delivered the Spring Statement today, making several big announcements, including a huge change in retirement planning. Hunt said that the Conservative government’s approach to the economy is “on the right track” while noting they “remain vigilant” and will take… Read More

March 15, 2023 @ 9:16 am By JD Alois  |  

Accelerated Payments, an invoice financing provider, has announced the appointment of C Ray Hines as Vice President of Business Development. Hines is expected to help increase the Fintech’s market share in North America – more specifically, the midwest. The company said the new hire is… Read More

March 15, 2023 @ 8:53 am By Omar Faridi  |  

NatWest is increasing customer protection against crypto-criminals “after £329m was lost by consumers last year.” A daily limit of £1000 and a 30-day payment limit of £5000 to cryptocurrency exchanges is being “implemented to help protect customers losing life changing sums of money.” Cryptocurrency investments… Read More

March 15, 2023 @ 8:45 am By Omar Faridi  |  

Binance now again faces being pushed out of the larger financial services sector after the crypto exchange confirmed that it was being told to suspend deposits and withdrawals made in pound sterling (GBP). The digital currency exchange, which has been facing increasing regulatory pressure, stated… Read More

March 15, 2023 @ 7:17 am By Omar Faridi  |  

A Fintech firm’s Chief Executive Officer is reportedly attempting to secure over $1 billion in order to fund bridge loans for startups that have been affected by the spectacular collapse of Silicon Valley Bank (SVB). Fintech Unicorn Brex CEO Henrique Dubugras recently revealed that he’s… Read More

March 14, 2023 @ 10:58 pm By Omar Faridi  |  

Qwikcilver Solutions in Australia, a wholly-owned subsidiary of Pine Labs Limited, and a pioneer in SaaS based end-to-end gift card processing platform has partnered with Woolworths Group’s payments entity Wpay, “to extend their gift card processing solutions & services in the Australia & New Zealand… Read More

March 14, 2023 @ 9:37 pm By Omar Faridi  |  

ComplyAdvantage, the fraud and financial crime detection firm, named Jim Anning as the company’s Chief Data Officer as part of its commitment to innovation in anti-money laundering / countering financial terrorism (AML/CFT) services. The newly created role on the Executive Leadership Team “reflects the centrality… Read More

March 14, 2023 @ 4:08 pm By Omar Faridi  |  

Tallarium, providers of unique trade analytics for price discovery in off-exchange energy markets, announces that it has secured additional investment from XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets, and Reciprocal, a venture capital firm. The companies have “provided a… Read More

March 14, 2023 @ 12:46 pm By Omar Faridi  |  

VMware recently announced VMware Cloud on AWS is now available in Bahrain. The service, which launched on February 28 in the AWS Middle East (Bahrain) region, will help customers in Bahrain “move their workloads across VMware cloud environments with optimized access to AWS services, supporting… Read More

March 14, 2023 @ 11:15 am By Omar Faridi  |  

SEB is entering a strategic partnership with the insurance provider Hedvig, a Nordic insurtech-company within property insurance for private individuals. As part of this, SEB Venture Capital is “making a strategic investment in Hedvig in conjunction with a financing round led by Adelis Equity.” Jonas… Read More

March 14, 2023 @ 10:24 am By Omar Faridi  |  

Eurex Clearing, which claims to be one of the leading central counterparties globally, announces the introduction of its new ESG Clearing Compass on 3 April 2023. It will “include two services, the ESG Portfolio Assessment and the ESG Visibility Hub.” With these new services, Deutsche… Read More

March 14, 2023 @ 8:14 am By Omar Faridi  |  

Alternative data specialist QuantCube Technology announced the availability of the QuantCube Industrial Production Indicator (IPI) nowcast – “providing a daily update on industrial production output in the U.S. market.” The indicator “measures year on year changes in outputs from the manufacturing, mining, electricity and gas… Read More

March 14, 2023 @ 7:45 am By Omar Faridi  |  

London-founded fintech Detected has announced its expansion into the US market. The company, which provides a global end to end KYB platform, has “established a US entity to better serve its American clients.” Since inception in July 2020, Detected claims it “has seen huge growth… Read More

March 14, 2023 @ 7:41 am By Omar Faridi  |  

Irish identity verification solution ID-Pal announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is “building on ID-Pal’s success in serving both SMEs and enterprises across over 30… Read More

March 13, 2023 @ 11:37 pm By Omar Faridi  |  

As Chief Executive of property finance platform, CapitalRise, Uma Rajah says she’s  responsible for all aspects of the business: from creating their strategy, “to execution of that strategy, and all aspects of running the company – including recruitment.” Uma Rajah notes that she approaches all… Read More